There are different ways to make money online. You can create your information products. You can promote products belongs to other merchants. There are millions of affiliate programs in different businesses for you to choose from. You can even make money as a blogger by selling advertising and products.
But, here is a mistake that so many people are making.
Instead of taking the time to really build the business, what most online entrepreneurs are doing is creating another job for themselves. They end up doing 60 or even 80 hours per week because everything in the business is done by them. They don't outsource their work. They don't have staff members and they are doing all the work themselves. They don't have their online business systems.
They don't know how to turn the ?new job? they created into a business. The difference between a job and a business is a job requires you to do the work while a business means you put systems in place so that others can do the work for you. A business generates income whether you are working there or not.
I don't just want to help people to create new jobs. I want to help you to create your online businesses systems and your online businesses.
You can think of your business as a franchise. Take a look at how McDonalds operates. You can get very similar food at different locations of McDonalds as it has everything written down to a proven procedure. Every single element of the business is written down. When you buy a franchise from them, you're buying the proven system.
You can think of your internet business the same way. Turn your internet business basically into a franchise that easily duplicate able by other people. You don't have to think from the stand point of how to legally set up a franchise. I am talking about setting up procedures and systems for every single element that takes place in your business to the same level that you ever want to sell your business. You can sell to someone else they can immediately work in, start applying your systems and run the business at the same income level.
There is an old rule that any business owners should know how to exit their businesses at some point in time. Think about your exit point as if you want to sell your business in three years from now. What you need to accomplish to sell that business and exit it very profitably. What the systems that you have to put in place or have to be done. It is so well documented that other people can step in and run the business.
To create your own internet business systems doesn't have to be complicated. You can simply write down everything you do each day. Then break down each of these activities into individual steps. You can even demonstrate your steps and procedures on videos or with photos. Then you can outsource your work to someone else.
Remember to create your own online business systems.
Create yourself a business but not another job.
Business Systems Analyst Iv
Early in my business career I worked at the world-renowned UCLA Medical Center, running the non-medical patient care activities in several regular and intensive care units. I frequently heard comments that 'healthcare just isn't the same as business.' It was said in ignorance about the true complexity and need for accurate coordination needed to provide excellent customer service: patient care.
As a Unit Service Coordinator, I was in charge of arranging all the movements of the patients and the services, treatments, food, pharmaceuticals, and so on for each patient. I was also in charge of making sure the information that came from one source, such as a physician, was distributed to every other resource that needed to know it.
I later implemented improvements of the operations of several out-patient clinics: front office, reception and billing functions to serve the patients themselves.
So you might say I've got an experienced eye when it comes to assessing the 'business systems' of healthcare. I've had the opportunity to spend time in UCLA's new facility this past week and was reminded about the common challenges in business, no matter the industry.
Lesson 1: Take The Human Element Into Account
Clients often ask me "Is this the best solution?" If business were entirely run by machines perhaps the answer could be "Yes!" Fortunately I learned a deeper appreciation for what it really takes to accomplish results in medical care.
Medicine is an 'art' not a science. Each patient is a complex system that will interact with medicines and surgical procedures differently than the patient in the next room. The best hope is for 'optimal' results, called healing and health. So standardized care steps are used. I took that wisdom with me into the rest of the business world.
Depending on the complexity of your customers' challenges, there may be no 'best' solution you can guarantee, either. From the employees running your company, to the customer on the phone, the results you'll get depend on their actual experience, training, tools, systems, personality and mood.
Start by creating standardized process to approximate 'science' in the results you want to deliver.
Lesson 2: Build Your Systems By Asking The Users
Information flow, manufacturing steps, people movement inside the business... each poses it's own challenges. The designer of the system believes they know what's needed. Yet very often they haven't spoken with the true users.
A district headquarters I worked with had 60 percent of the personnel relocated to new locations by an industrial planner who 'knew' where they should sit. Of course that worked when data was correct. But when there were problems, with 17% of the data, problem solving was best done face-to-face. Yet folks suffered through having been relocated 2 floors away from each other.
The brand new cardiac intensive care unit at UCLA is a visual marvel. A 'U'-shaped hallway, private rooms for each patient, high definition TVs to entertain them. But the loss in nursing productivity is enormous. The unit's curving layout was designed by a famous office architect and a physician who strolls through for a total of one hour daily. The result? None of the nursing staff have line of sight beyond 3 rooms.
Nurses are no longer able to do quick visual checks about patient status or colleagues needing an extra hand. Their walking has increased 400% every day. They have to carry phones to call each other from 30 feet away.
Always include the 'users' in the design stage for your systems.
Lesson 3: Find Out Where The True Knowledge Is
In the metal finishing manufacturer I'm working with, the detailed expertise is often with the blue-collar worker standing at the machine, and not the 'planner' sitting in a meeting, or the CEO.
In a teaching hospital the 'doctors' walking in and out of the patient rooms are often training in one- or two-month rotations. It's not uncommon for a patient to be admitted, and then handed off a few days later to newcomers who are trying to familiarize themselves with 20 different patients' cases. Then off they go to 'learn' about another area of medicine.
So when a patient care system is being designed, the critical source may be the nurse who has worked continuously with thousands of patients for years. I know that comes as a shock to many folks who assume 'the doctor' can give them the best information.
The person with the biggest title may not be the one with the most thorough expertise.
Take a look at your business today and see which people you need to have at the table to design the inner workings of your company, the solutions for your customers and the systems to deliver those results.
Both Terry Dean & Linda Feinholz are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Terry Dean has sinced written about articles on various topics from Grow Online Business, Your Online Business and The Internet. Discover Simple Step-by-Step Instructions to Boost Your Traffic, Triple Your Conversion Rates, and Take More Time Off. Yetti Yu Invites Business Owner to Try Out the Terry Dean Monthly Mentor Club and Receive $1,105.95 Worth of Instant Bonuses Designed to. Terry Dean's top article generates over 9900 views. Bookmark Terry Dean to your Favourites.
Linda Feinholz has sinced written about articles on various topics from Education Toys, Small Business and Your Online Business. Management expert, consultant, and coach Linda Feinholz is "Your High payoff Catalyst." Linda publishes the free weekly newsletter The Spark! to subscribers w. Linda Feinholz's top article generates over 14800 views. Bookmark Linda Feinholz to your Favourites.
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