Faith's IM Business Plan
1. List IM Business Goals
*Mission Statement: Jumpstart Success - Get cash flowing as soon as possible to pay for expenses and build a strong foundation for my IM business that will be profitable and long lasting.
*Monthly profit goal: Consistent $1000 / $3000 / $5000 / $10,000+ > in phases
*WA objectives list:
-Get Settled - networking with buddies (blog post + forum)
-Timed tutorial complete
-WA Tools + Resources to support IM campaigns
-Be relevant and positive - with content and people
-Leverage on WA for success
2. Habits to make Success a Reality: Consistent, ProActive, Follow Through, Results Oriented, Help & Support Others.
Positive habits will support and give that added boost in overcoming obstacles and get things done pronto.
3. IM Virtual Real Estates that I own list:
*Site/Blogs, Domains, Web 2.0 pages, Original Articles, PLR & MMR,
*Skills & IM tools/resources that I already own - bought or got for free
?Skills & IM tools/resources wish list
4. Draw Up a Financial Plan
*Create an IM budget: IM expenses monthly, Cash flowing in/Allocated cash for IM - Maintain for greater returns.
?If I need to earn $1000 a month, how many units of product/services do I need to sell to get there?
?Sell Virtual Real Estates for immediate profits - estimated profits after expenses.
?Sell skill/service for more cash.
5. Develop a Sales and Marketing Plan
*Keep a list of all Virtual Real Estates - Maintain for maximized profits and/or sell later.
*IM Campaigns in the works:
-WA Affiliate Action Plan -Timed Tutorial
-Blog Revamping > Promotion & Traffic Conversion
-Selling Virtual Real Estates
-Sell or Trade IM skill/service
?Niche Market to go into. Who is my target market, where will I find them and how will I sell to them.
?Will I be using paid ads or free traffic promotional strategies - article marketing, web 2.0 etc..
?Funnel sales strategies, Backlinking plans, Brand promotions,
6. Develop an Operations Plan
*Create plans & sub plans for each campaigns.
-Basic spreadsheet with monthly expected income and expenses.
*Build a diverse & strong foundational IM portfolio for success.
-IM campaign model: Article marketing, affiliate niche site, PPC, Site Flipping...
-Marketing & Promotional plan: article/blog/forum marketing, web 2.0, SEO traffic, paid ads, ad swaps, etc…
-Sales Conversion plan
*Simplify & Automate step by step plan - Rinse and Repeat – Update regularly.
?How to improve on the way things are for greater gains.
-Focus on one or two campaigns at a time.
?How to organize pc and other files, resources/learning to better find and use them.
?List ongoing learning + testing to
maximize already launched or new campaigns.
?How to balance IM work with family & other commitments – Rewards system.
?Dedicate time and energy to it all. - Deadlines optional.
7. Risk Management
?List – what is the worst that can happen & how to prevent it/them from happening.
-Do's and Don'ts of Internet Marketing / eBusiness
?Is my IM business legally compliant? Internet and intellectual property laws are extremely relevant - local tax laws.
>>>The Importance of Creating an IM Business Plan post will give you some pointers on why I created this plan.