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Overcoming Procrastination

Posted on : 16-11-2009 | By : IBC | In : Business Coaching, Business Tips, Management Tips, Success Online

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If you find yourself postponing and putting off important work and tasks time and time again, you are not the only one. Nearly everyone procrastinates to some extend, and yes let’s face it. We do procrastinate tasks or even little promises that we have failed to keep with our family and friends. But procrastination can ruin your business and career, as time goes by. Some of the side effects include stress, burn out, unfulfilled goals, bitterness, and even missed opportunities.

procrastinate

Here are some ways to know if you are procrastinating.

  • Doing low priority tasks, beginning of the day.
  • Finding the task overpowering
  • Finding the task or work distasteful

When you are honest with yourself, you will know for sure when you are procrastinating. Of course, putting of important tasks should not be thought as procrastinating all the time. You can prioritize your work and decide before hand on a daily basis.

procraste

Here are some simple ways the Internet Business Coach advices on how to overcome procrastination:-

Just do it: Stop “planning” and just do the job. Once you finish the part you have been loathing, then the rest is breeze.

Vision Directed: The tasks you do should be vision centric and should match your goals and purpose.

Scheduling your Tasks: Preparation time is never wasted time. You need to set a completion point for each task you do and determine how much you can do. In this way you do not push yourself too far and get bored or frustrated.

Getting it Perfect: If you aim for perfection in your tasks, chances will be high that you procrastinate, instead aim for progress and every small step toward conclusion is an achievement.

Stay Motivated: Find a business coach or a partner who will help you track your progress and reward yourself with each accomplishment with each step and not at the last part.

procrastination

Once you have spotted the key areas you need help, then you need to identify them and take appropriate action to get over procrastination. This helps you create the right priorities and administer your time that will help you in such a way that you will make the most of the opportunities open to you. If you find this article helpful from the Internet Business Coach, please feel free to email us at http://www.theinternetbusinesscoach.co.uk and one of our business experts will contact you.

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Advertising Online: Preparing for this Holiday Season

Posted on : 04-11-2009 | By : IBC | In : Success Online

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This is best time to have a strong advertising drive, online since the holiday season is fast approaching in the next few weeks.  Most of the consumers spend at least 5 hours on the internet daily according on an online survey and that is 40% of the respective media time in comparison to Television, newspapers, magazines, radio, and regular advertising and the internet accounts for typical media for most developed countries. The main key is to buy space on sites that will put your advertising in the correct context, since prospects who go online will see your ad and most likely to act on it.

HappyHolidays

According to the survey, half of the respondents plan to spend as much or more than they spent online during the previous holiday season. Most of the them also plan to go online early, with nearly a third of respondents planning to begin their online shopping before Christmas and Thanksgiving.

Consumers who go online on or before the holiday season, go there for the following three main reasons:
1. Access to shopping online which is convenient
2. Reviewing and comparing product pricing and features
3. Getting gift ideas.
Not to forget, most Credit Cards even offer attractive cash back offers and rewards as points in certain programs.  Online advertisers can take online shoppers cues from this outcome and to support and track their marketing programs based on key online shopping patterns.

online-shopping

When you start looking for some marketing space on different websites, be sure to do your own investigation and ask many questions before you buy. Make sure that the site is somewhat related to your area, and also make sure that they will place your ad appropriately throughout their site so that it gets the attention it deserves.

Your local audience should be targeted the most. The primary key to success for marketers is guaranteeing the ease and speed with which their customers can make a purchase. However, it is equally as important for marketers to precisely predict day-to-day purchasing volumes so that existing order placement and fulfillment processes are reliable.  If you have any questions or if you feel you want to leave a comment, please contact us at http://www.theinternetbusinesscoach.co.uk and a business coach will contact you.

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How to Plan, Play and Win Online

Posted on : 03-11-2009 | By : IBC | In : Success Online

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Lots of people start an Internet business lured by the promise of quick riches, cash on tap and more business prospects than they know what to do with, but the truth for most people falls far short of the hype. This does not mean I am implying that riches cannot be made or that there are not millions of prospects because I am not, the truth is that most people starting online follow the bandwagon, suffer from information overload which stops them from being effective or plain old analysis paralysis (analyse everything so never get anything done).

Most good offline business throw all common sense and principles they learnt offline in the bin when they go online and forget that the same principles they applied to their offline business can be applied to online businesses with a few enhancements. The most important of these offline skills that a new Internet business can apply to their business is a SWOT analysis.

For those of you that do not know what it is a SWOT Analysis (Strengths, Weaknesses, Opportunities and Threats) is a common strategic practice in the business world. It is a valuable tool and it can be an extremely useful in assessing the status quo and future direction for your business. So it’s important to use S.W.O.T in every business you plan even online.

You should consider all the elements: -

Strengths: – This is what you are bringing to the table, your strengths, what makes your business stand out differently to your online competition. If you have done no research of your competitors how do know you are offering anything different. However your strength does not have to be a difference in product for instance it can be in quality (hint: never base your difference on cost, cheap is not always best and people do not necessarily want cheap). This step should never been under estimated and should be performed to analyse your strengths so that you can grow your business online (Knowledge is power).

Weaknesses: – This is often the hardest part for business owners because most of the time they tend to be blind to the bad parts of their business or the way they work/do business. Now some of you are probably saying you do not have a business yet so this does not apply to me – word to the wise IF YOU are new it doubly applies to you, Why you may ask?

–        My question: – how do you grow so your business has strength?

–        My answer: – by looking at the possible weakness that can stop you from being successful of course, if you never factor these in you will never understand why your site does not work or worse why you are throwing good money after bad.

We all have strengths and weaknesses and these can translate into the way we do business, but by being honest with yourself and identifying your online business weaknesses you can take essential steps to ensure your success.

Opportunities: – Identifying an opportunity may be the best reason to take action; as soon as you find an opportunity that currently fits with a model you can use or understand in your area of expertise you can apply it and take action now. Opportunities will not wait for you to take action it will just go to the first past the post (your competition will not wait for you, neither will the opportunity). It is really important to quickly analyse whether that opportunity is the right fit for you an example could be you have found a unique niche (place, position) for your online business product or service, if so you need to explode it now so that you can take full advantage of it. Remember you need to assess every possible opportunity regularly for your business growth.

Threats: – Sounds awful doesn’t it!  But its not that bad a threats is often in form of competitors, however change in consumer behaviour or economic issues can also be major threats. Some threats may already exist in your business that you are aware of, others may become real threats in future to how you operate online. All threat types need to be researched in order to optimise your long-term strategy for the future safety of your business. Don’t let the threats you identified prevent you from taking action, if anything they should encourage you to take action in a specific way as they have helped you identify which direction to take to ensure you are heading for a successful online business.

Every successful business or person who have made their fortunes online have learned to use and problem use a S.W.O.T analysis in one form or another to grow their business and save it from current and future threats. The old adage ‘if it ain’t broke then don’t’ fix it’ truly applies to SWOT analyses it is as important online as it is offline and should be a must use tool to aid you in your online success, if you are not sure how to perform a SWOT analysis and would like some help do use the contact form on The Internet Business Coach homepage for help.

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The Foundation Stones of a Successful Internet Business

Posted on : 27-10-2009 | By : IBC | In : Success Online

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Business Vision

Biz

The best way to communicate your internet business vision is to make it simple, so that it would become more essential to you and your team. When your business vision is effective, you attract more desirable customers and clients. Make the vision profound and simple to understand, so that you would get your vision seen and heard by others. The Result would be decisions and goals would be in alignment and synchronized, which leaves out conflict and ineffectiveness.

Measuring Performance

performance

Revenue and a healthy profit are very essential for any internet business. But, how well did the business fare for the past one year? It is crucial that you know your business, metrics, and a place for continual improvement with a measurable system that will stimulate action in important areas of the business. Goals, Priorities, and time should be measured. Even though your vision is challenging but achievable you can reach your goal and monitor your bottom line. Then list the factors that are important in the industry. If your performance is measured right, then you can know how to enable your internet business to perform much better, and you will know where you are, where you are going, and how you are doing in your business.

Lead Generation Methods

You can create sales leads by getting a written profile of targeted prospects, a list of potential customers, and the method of reaching them. You can use advertising, Mail publications, Newsletter, Seminars, and Cold Calling. You can generate interest from Customers and how to turn your leads into Customers.

Cold calling It is very effective for sales lead generation when done properly. If you are consistent by prospecting for leads by phone, then you will consistently and successfully generate sales leads. Once you use these methods, you can generate more sales opportunities to turn into new business, meaning greater sales profit and revenue for your internet business.

Service Delivery & Customer Service

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Service Delivery should tap into marketing, business, and research to provide the best practice of wealth of knowledge about customer service. Customer Service addresses a range of topics that are essential in today’s business competitive environment. The topics include, but not limited to Customer Expectations, Customer delight, Satisfaction, Loyalty, and addressing cultural and regional differences, by including proven strategies for recruiting quality service executives which correlates to service performance. This analysis identified both current customer relationship management-related competency levels in the workforce and estimates of required levels to make customer relationship management effective in your internet business.

Customer Retention

Customer Retention relies on Customer Experience and satisfaction. As per statistics, it is proved that you can save 10 times in your budget by retaining them, than by acquiring new prospects. Internet Business needs to redo and rethink business strategies, since in the past importance on Customer Retention was not on priority which led to many disloyal customers. With so many choices out there, the deciding factor in loyalty is the customer experience in itself. Contact the Internet Business Coach to learn more about retaining your existing customers and creating Customer satisfaction and delight.

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Welcome to the IBC Blog

Posted on : 21-08-2009 | By : IBC | In : Success Online

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Welcome to the Internet Business Coach’s blog. We would like to firstly welcome all visitors to our site and ask them to please ask any questions they would like answered. If we get enough people ask the same question we will try to address it in an article to help you.

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