“First you make your habits; then, your habits make you.” – Old saying
The first few months of a new Internet Marketing Business form the foundation its future. The more effort and attention that can be invested in doing things right in this crucial phase, the more smoothly things will go from there on. Remember, even multimillion dollar businesses will have started small! You should find that the start small guideline can be applied to all aspects of your business, for example:
Setting up a blog, putting together fan pages, accumulating Twitter followers, Advertising, adding additional product lines and even budgeting. It can be applied to brand new projects, as well as projects that are being diversified.
Start small and do it as well as possible. When an area you have been working on for a while feels like it is going well and no longer requires as much attention, THEN you are ready to expand to a new area.
Why does it work to start small? Starting small enables you to:
Do it right.
At the outset, you will have your hands full with every aspect of getting a new Internet Marketing Business off the ground. If you are not careful you can become overwhelmed with the amount of work required and spread yourself to thinly. Once you’ve learnt how to do one job well and it doesn’t take you as much time as it did initially, then you are ready to move on to the next area.
Innovate and improve.
You will gain great ideas and innovations from every experience over the first few months. If you have started small on each task, you are in a better position to tweak as you go and see the benefit of small improvements:
Learn from mistakes.
It is a lot more fun to say, “Next time I’ll know…” when there is going to BE a next time. Mistakes are inevitable; on a small scale, they are also reparable. Even a huge mistake is not a big deal, if you started small
Create a realistic time-line.
If you start small with your business plan, you will have an idea the kind of time and resources it should take to set each aspect of your business up through the early stages, and so you’ll know how big you can make your next step. Maybe you can handle three times the work that you could initially; maybe you need to cut back on some things, at least you will know what is involved!
Develop effective habits.
You will have to decide how to manage your Internet Marketing business and in what direction you want that business to go. On a small scale, you have the time and physical capability to handle everything appropriately, and learn as you go what is the most effective thing to do for your business and when it’s appropriate to do it.
Trial new things.
Some entrepreneurs will jump headlong into selling several product lines at once thinking that the extra variety will automatically bring them additional revenue. They then discover that the different product lines appeal to very different marketplaces, which require additional advertising, different styles of blogging, landing pages and giveaways. If you start small, build up a customer following for one product line at a time and then add others as you have more money to spend then you can save yourself a lot of pain. Starting small may not be the exciting option, but it’s better than struggling with poor growth and a poor investment for months, or years down the line!
Know your limits.
You may reach a point when you realize that your resources are fully occupied maintaining what you have. For example, you may have planned to develop several Blogs to target different audiences, but after developing one you realize that’s all you can handle for now, time-wise, creatively, or financially. There’s nothing wrong with that! Leave the rest to until you have the resource, or leave it forever. The important thing is to manage what you have wisely.
Starting your own business as an Entrepreneur can be a great adventure and done right, can provide you with a great source of income for years to come. By starting small and covering all the bases you give yourself the best opportunity to get everything set up. You never know, by starting small and carefully using trial and error as you go, you may discover a great niche that suits you and that really allows your Internet Marketing Business to flourish.