Web Business Retirement Plan: 50 Is Too Late

June 3rd, 2010 by kct from shrewdies | No Comments | Filed in Web Business

Business Retirement Plan

I need a good business retirement plan!

Not too long after one personal milestone[1], tomorrow brings another – I’m retiring.

Four years ago, I moved from full-time to part-time employment. During that time, I also shifted careers to a job in PR[2]. Tomorrow sees an end to paid employment for me. An end to work.

But not an end to income, because playing on the Internet is my new income source. My best web business retirement plan.

The way I do web business is to find something I enjoy – something I would still want to do if I won the lottery. Maybe it’s something I enjoy, like programming and configuring computer applications to get the most out of them. Tinkering is a great way to pass time between social visits. Maybe it’s researching subjects that interest me and presenting good knowledge to others. Teaching is a great way to pass time between trips to the coast and beyond.

I’m writing this between sunbathing sessions. Nice to get a cooling break every so often.

Retiring from working for others to spend time enjoying making money is a pleasure. Having time to spend it is a joy. It’s too good to rush, so things will develop here very slowly.

Yes, this site will teach you how to plan and manage your own web business. Yes, my WordPress Web Hosting site will teach you how to handle the technical issues if you don’t want to pay someone else to do them. But it might be a few months before there are comprehensive step by step plans. My priority is to run my existing sites to fund my retirement plan. As time allows, I’ll pass on the best tips for you to enjoy your own retirement.

The only thing that will prompt me to do it any quicker is for you to ask me about it. I love answering questions, so the technical WordPress Web Hosting Question section is now open, and I’ll be adding a management version here very soon.

OK, gotta go now and spend some quality time in the sun with the grandkids. I could get used to retirement.


Business Retirement Plan Notes

  1. Reaching 50 is something of a milestone. Not too long after = 2 years.
  2. My PR career path

Appreciating Web Business Analytics

June 1st, 2010 by kct from shrewdies | No Comments | Filed in Appreciate

Web Business Analytics

The month end is a time for reflection. In the PROSPRA world, that means reviewing performance.

Why? So we can appreciate the contribution made by the best elements of the business, and improve the weaker elements.

How? There are many tools and procedures we can use. Today, I look at web business analytics, or more specifically, appreciating our AdSense revenue.

Please note that the techniques I am using here apply to established sites. This is all about improving AdSense income, so if you do not have any yet, come back later. Also, we are talking about 2 to 4 hours work for a few percentage points improvement in income. Think about the business Rewards you expect from your PROSPRA analysis.

This is not a traffic building exercise – it improves the Rewards we expect to Reap from existing traffic. If you are not meeting your expected traffic targets, then focus on new content and more incoming links. I’ll report likely improvements in a later article, but for now, think if the effort is likely to be worth 2% increase in your AdSense revenue.

Web Business Analytics Tool

Today, we have a quick practical tip that lets you easily improve your Adsense income. You can probably adapt these techniques to help improve all the Rewards you Reap from your online business. Read the rest of this Web Business Analytics article

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Stop Making Money

May 5th, 2010 by kct from shrewdies | No Comments | Filed in Purpose
“Stop making money???!!!”

No posts for over 2 months, and the best you can come up with is “Stop making money?”

Have you completely lost the plot?

Just the opposite – I’ve found the plot. No posts for over 2 months because I lost sight of the whole point of any web business.

It is not about making money.

It is all about creating value.

And that means value for the community you serve, whether local bricks ‘n’ mortar business or global Internet web business.

This website, for example, does not exist to make money. It exists to help people create and manage their own web business. When that purpose is fulfilled, rewards are automatic.

Your web business will have a different purpose, but as soon as you lose focus from that purpose and put making money first, you fail. Ideas and opportunities dry up. Your web business loses interest from visitors and yourself. Your web business fails.

Business Purpose Refound & Reinforced

Create Value & Reap Rewards

For a few weeks, I have pondered, planned and prioritized in order to make progress on several fronts. Not for the first time in my life have I got involved with too many projects, and failed to complete some. The excuse has been “too many projects,” but the truth is that delays and under-performance are always due to lack of focus, rather than lack of resources.

One easy way to lose focus is to concentrate on making money, rather than creating wealth. Even free info-products create wealth. You give readers more value than it costs them, not simply in the monetary sense, but also in time and effort. You generate advertising revenues and affiliate commissions as a by-product of the valuable information service you provide – not because you stick some links on a page.

Be True To Purpose

Today, I planned to simply stop making money, rather than writing about it, but a coincidence stopped me in my tracks. Even the best of web business resources can miss the point. Developing your own true voice is vital to developing a successful web business, but you must be certain that the voice is truthful.

Every syllable of Yaro Starak’s article rang true to me, until I reached the “sales pitch” tagged on at the end. The pitch is for Yaro’s Blog Mastermind course, which has always looked good value to me, though I have not tried it (so no affiliate link). I think it is perfectly good practice to draw attention to your own products and services at the end of a very good article. It’s particularly good to include a customer testimonial, so the link to a course member’s phonics website was well placed. Normally I’d just accept it for an appropriate chance to highlight the Blog Mastermind course. However, I’ve been insanely interested in phonics for over two decades, so I had to see how the subject was treated by a course member.

Everything on the member’s site screamed at me, “I want to make money out of phonics.”

Now I think anyone who teaches a struggling reader to overcome their difficulties deserves rewards beyond measure, but if money comes first, and teaching second, then it is just plain wrong.

I know I’m being harsh. I would have emailed the site owner first to express my concerns, but…

Respectful Privacy Or Untrustworthy Anonimity?

  1. No email address.
  2. The Contact Form is a form to order a free e-book. OK, that page has a comment facility, and there is indeed a comment on that page – but it is unanswered which suggests to me that Contact has not been made.
  3. Anonymous whois registration

I’d actually like to help. Maybe I can contribute in some ways. I know how to teach phonics. I know how to create phonics teachers, and I know how to reap fair rewards from creating those worthy services.

I once spent weeks planning a phonics site. As the owner of the site in question says:

When I began I was not happy with the niche I had chosen and looked around for other easier niches.

I took a similar journey, but decided that the rewards available are too long-term for my needs. I might return to it some time, but for now I’d be happy to help anyone else creating, or considering, this type of web business. But if I’m going to spend time writing unanswered comments, I might just as well do it here.

The phonics site leaves me wondering. Is the site owner still failing to find her own true voice? Does she need help fulfilling purpose in a way that reaps rewards? Or, is the true voice committing the web business to failure by saying “My purpose is to make money?”

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Start A Web Business The Quick Way

February 24th, 2010 by kct from shrewdies | No Comments | Filed in Web Business
Yesterday, I looked at the possibilities for starting a web business the quick way.

There is no substitute for good planning, and PROSPRA provides the vital cycle that accelerates the growth and stability of your main web business.

Quick Start Business

  • Limit scope – reduce time
  • Filter business wheat from brainstorm chaff
  • Freeche Lite – fast blueprint
  • Live test project next week

Uniquely, PROSPRA is scalable, so today I will look more closely at the scope for saving planning time.

See how condensing a few days planning & preparation into a few minutes is easy when you limit your context to a simple project.

The Web Business Challenge

The planning time is reduced considerably by limiting the scope (or context) of the web business. The Purpose, Rewards, Objectives, and Strategies stages are condensed to:

Provide a zero-cost website that generates affiliate income in the shortest time possible.

This can also work with other limited but certain contexts, such as “raise $100 on a free hosted website about poverty to fund my own self-hosted web business” or “divert as much traffic as possible away from the competition.”

It works because the rewards are unambitious, but the investment is minimal, so if it works, we can put more into it (Appreciate it), otherwise ditch it, and try a new target. If your brainstorming sessions have given you a thousand ideas, this is an easy way to separate the wheat from the chaff.

This fast-track approach is also good if you have already started a web business using one of the methods that specializes in very tight niches, and you are disappointed in the results. Of course, the best way might be to re-plan and relaunch the business following the full PROSPRA guidelines, but if you are impatient, let us at least try to reap some quick rewards. Freeche Lite gives us a few options on where we start reaping those rewards.

Read the rest of this entry »

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Fast-track Web Business Startup

February 23rd, 2010 by kct from shrewdies | 3 Comments | Filed in Web Business
Seems like everyone is looking for ways to fast-track web business startup.

PROPSPRA is the ideal way to build any business, but many people simply will not commit to the planning stages.

Planning is important, but other methods often bring success without spending as much time on the foundation stages.

Can you be successful taking shortcuts with PROSPRA?

As I look at more and more startup websites from a business success angle, I’m struck by the number that do not seem to have considered the basics of traffic building. This is usually just a matter of poor planning, but often there appears to be some planning, but no workable process applied once website production has begun.

The PROSPRA process is unique in covering the foundation and post-production stages, in addition to the production stages that are the target of most web business building schemes. I had a good grounding in C>T>P>M the Content>Traffic>Pre-sell>Monetize process that drives Sitesell franchise businesses. This is a fairly sound process, though it completely ignores the foundation stages that PROSPRA brings. It is also massively mis-sold, but more on that some other time.

As I looked at some sites that had not even considered a path to monetization, it struck me that the Freeche tool for traffic building that I am developing would be ideal to boost such sites.

But how could I prove it?
Read the rest of this entry »

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Web Business Purpose Forum

February 15th, 2010 by kct from shrewdies | No Comments | Filed in Web Business
With the introduction of the web business Purpose pages, I have started my explanation of successful Internet business planning.

I am committed to helping you every step of the way. I have mentioned a forum to help you with specific questions.

Let me introduce you to that forum.

Planning is vital for any successful web business, but it is often missing from many proprietary schemes – or covered so badly that it might as well not be there. It can be difficult to explain, as many people who sell schemes to help Internet business startups focus purely on marketing, and have no real planning experience.

I do not expect everyone who wants to run their own online business to become a financial planning expert, but you must do some planning to prevent your website losing direction.

I know that the PROSPRA method gives an easy way to tackle planning, but I also know that individual circumstances differ widely, and many of you need to ask specific questions.

I include a forum here, but it is different from many typical forum applications. I call my simple forum shrewdChat, and it is based simply around WordPress posts and comments. At the moment, I am reviewing the procedures for starting new topics. If you have a burning question to ask, or opinion to share, please just add it as a comment. I will create new topics for any comments that merit them.

I will add full forum guidelines soon, but in the meantime, please check my linking policy. I remove the nofollow attribute to encourage regular contributions, but I need serious questions, opinions and experiences – not spam.

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SEO Is Futile

February 3rd, 2010 by kct from shrewdies | 6 Comments | Filed in Web Business
SEO is futile.

Let’s start as we mean to go on, and explode the biggest web business myth.

The world is trying to convince you that Search Engine Optimization is vital to the success of your website.

It is not.

And I’ll prove it.

You’ve all seen the websites, books, and presentations that tell you how to start a web business:

  1. Brainstorm ideas
  2. Do keyword research
  3. Select best KEI
  4. Build content around keywords ensuring that keywords are prominent:
    • In the domain name
    • In the file name (URL)
    • On the page
    • In the title
    • In meta description
    • In meta keywords
    • In heading tags
    • In bold tags
    • In links to other pages
    • In incoming links

It is all rubbish.

OK, you can help yourself by including the above in your plans (except KEI, which is worse than useless – it can harm your web business), but that should never be your first focus. You are not going into business to be a search engine specialist – you are providing goods or a service.

Your first focus has to be your purpose. Your own purpose first, then the purpose of your web business, then the purpose of each page you write, and each link you forge.

Do you want the proof?

Why SEO Is Futile

This site is about creating an online business. The prime focus, as you can see from my purpose, is web business. It’s a big topic with a lot of sites – Google reckons around 405,000,000 pages available with over 500,000 searches a month. I will not waste my time discussing KEI. Lets look at some of the other gold standards of SEO in the light of the page that ranks 1 in all those millions.

Web business:

  • Is not part of the domain name
  • Is not in the file name (models.html)
  • Does not appear anywhere on the page!
  • Is split and reversed in the title (Business Models on the Web | Professor Michael Rappa)
  • Is not in the meta description (Welcome to Managing the Digital Enterprise®, an open educational site that surveys the many opportunities and challenges managers face in an increasingly digital world.)
  • Is not included in the meta keywords, except split as parts of other keywords (e-commerce, electronic commerce, e-business, electronic business, web analytics, business models, digital automata, auctions, dynamic pricing, channel conflict, trust, computer security, internet privacy, intellectual property, internet governance, web ethics, open courseware)
  • Cannot be in headings, bold or links as it is never mentioned
  • Does not appear in the first 65 of the links into the page.

So how can it be number 1 for web business, when it doesn’t even mention it?

Because the page is totally focused on explaining to it’s visitors what a web business is, with a comprehensive analysis of the forms it can take. It is authoritative and thus gains well over a thousand links in.

You can learn how to do that, and how to use SEO without it using you. You just need to have a clear purpose.

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