I am in the process of creating an Internet Business. Of course, my goal is for it to be successful. As with any business in the development stage, the first thing I need to do is develop a business model. The reason I need to do this first is that it describes the way in which my company makes money. After developing the model, I will have a map of what I need to do to be profitable. Developing a business model is critical. Because I am in the process of developing my own model, I thought it might be beneficial to other internet entrepreneurs if we work through the process together.
One of the best generic business models I have ever run across is the B-I Triangle, developed by Robert Kiyosaki with Sharon Lechter, introduced in “Rich Dad’s Guide to Investing” and explained very clearly in “Rich Dad’s Before You Quit your Job”. I highly recommend that every entrepreneur read “Before You Quit Your Job”, even if you have already quit. The reason the B-I Triangle is such a good business model is that the authors present the model in a very elegant, yet simple graphic that is easy to understand and remember. The model has five jobs that are required for success. These five jobs of a business are held together in a framework of a successful business.
The five jobs are product, legal, systems, communications, and cash flow. The framework holding the five jobs together are Mission, Leadership, and Team. Each one of these aspects of your business needs to be fully developed to create a truly successful business.
The remainder of this article briefly defines the aspects of the B-I Triangle in general terms to set the stage for the future articles. First listed are the five jobs of this business model. They are:
Product –Whatever you are offering your customer.
Legal – Includes multiple aspects of your business, beginning with the right entity structure for your business. You also need to remember other aspects of your business require legal support as well including copyrighting, partnerships, licensing, etc., just to name a few.
Systems – Business structure required to support your company.
Communications – Required to reach your customers. Also necessary for partners, investors, employees, vendors, and other people involved, even superficially, with your business venture.
Cash flow – The meat of the matter. Without positive cash flow your business will collapse.
The framework that holds your entire business together consists of Mission, Leadership, and Team.
Mission – The true purpose of your company
Team – People who support the purpose of your company and the jobs necessary for success.
Leadership – Multiple jobs including defining the company’s mission, creating the team, keeping the company strong, growing the company, etc.
This article is the first of in a series of nine articles designed to work through the eight aspects of business model as they relate to creating a successful internet business. I am writing these articles to help me develop my business model. Let’s work together and by the end of the series of articles, we both will have developed a model for many successful years of business.
Friday, November 7, 2008
Tuesday, September 9, 2008
Online marketing - steps to success
Small business owners should take time to understand the concept of marketing through local business profiles on the Internet. Well-planned efforts in online marketing attract traffic from the local community and drive profits and lead generation. Marketing has to be continuously monitored. High-paying potential customers in the local market can also be targeted through various online local business marketing strategies.
Monitoring a marketing plan with modifications is necessary to ensure survival in the cut-throat competition of local business. Otherwise, competitors will copy the same marketing methods and drive away valuable local customers. Your marketing strategy needs to be sophisticated and top notch. You need to employ cutting edge technologies and eliminate old, outdated strategies that no longer support your business.
The question, How to succeed locally?” should be asked before diving into the web. As part of the mid-year marketing process, all marketing should be examined thoroughly. Is this technique working? Does that particular strategic technique work better than another? Why does it work? It is important to constantly question your marketing strategy. What works for you today may not work for you next week. Also, what worked for you last year may not be the right move for you next year. You should consistently review your marketing to ensure that you are maximizing what you get out of it. Minor adjustments and modifications wherever necessary should be carried out. An existing strategy that works well should continue to be pursued.
A straightforward approach through online marketing can lead your business to better profits. Without online local advertisement techniques, local customers will be unaware of available products and services when they surf local businesses online. That means you need to get your company online today! Don’t wait another moment. You could be losing valuable customers every minute that you aren’t advertising online. Yes, online! Local customers do not find products or services needed in the telephone book, but they search for local businesses through the Internet. Local search engines help customers find businesses in the neighborhood that offer products or services needed.
You could be missing out on business opportunities right in your own community, customers who are heading to your competitor, because they could not find you through a quick internet search. Don’t let that happen. But don’t feel that you have to drag customers to you either. With your business profiles listed on various search engines, the chances are that customers will find your business and come to you. They will see your business and contact information. They will opt to use your services.
You can often outperform competitors by using local business registration by expert marketing companies that are continuously evolving their search engine and marketing methodology. By registering your business online, you have just entered a whole new market of local customers. Your business will thrive. Your potential will grow and guess what? It is very cost-effective to use the Internet as a local marketing tool. You will spend a lot less than you imagined marketing your business.
Monitoring a marketing plan with modifications is necessary to ensure survival in the cut-throat competition of local business. Otherwise, competitors will copy the same marketing methods and drive away valuable local customers. Your marketing strategy needs to be sophisticated and top notch. You need to employ cutting edge technologies and eliminate old, outdated strategies that no longer support your business.
The question, How to succeed locally?” should be asked before diving into the web. As part of the mid-year marketing process, all marketing should be examined thoroughly. Is this technique working? Does that particular strategic technique work better than another? Why does it work? It is important to constantly question your marketing strategy. What works for you today may not work for you next week. Also, what worked for you last year may not be the right move for you next year. You should consistently review your marketing to ensure that you are maximizing what you get out of it. Minor adjustments and modifications wherever necessary should be carried out. An existing strategy that works well should continue to be pursued.
A straightforward approach through online marketing can lead your business to better profits. Without online local advertisement techniques, local customers will be unaware of available products and services when they surf local businesses online. That means you need to get your company online today! Don’t wait another moment. You could be losing valuable customers every minute that you aren’t advertising online. Yes, online! Local customers do not find products or services needed in the telephone book, but they search for local businesses through the Internet. Local search engines help customers find businesses in the neighborhood that offer products or services needed.
You could be missing out on business opportunities right in your own community, customers who are heading to your competitor, because they could not find you through a quick internet search. Don’t let that happen. But don’t feel that you have to drag customers to you either. With your business profiles listed on various search engines, the chances are that customers will find your business and come to you. They will see your business and contact information. They will opt to use your services.
You can often outperform competitors by using local business registration by expert marketing companies that are continuously evolving their search engine and marketing methodology. By registering your business online, you have just entered a whole new market of local customers. Your business will thrive. Your potential will grow and guess what? It is very cost-effective to use the Internet as a local marketing tool. You will spend a lot less than you imagined marketing your business.
Sunday, September 7, 2008
Blog Directories Can Bring Big Traffic to Your Blog
When the Internet was young, search engine traffic came at a premium price. Websites could buy their way into search engine listings, but there was no guarantee that the purchase would result in a significant amount of traffic.
Today, the rules are much different. In some ways it's much easier to get great traffic from search engines, but in other ways it's even harder. A website has to have a lot of clout before Google or Yahoo will list it in their top returns, but there are many ways to make your site more attractive to the search engines.
If you're trying to build traffic for a blog, the best thing you can do for increased traffic is to blog and ping. This slightly humorous-sounding term simply means that you let blog directories know each time you make a new blog post.
By cluing in the blog directories whenever you add a new blog post, you're building traffic in two ways. You might get an initial rush of traffic from the blog directory as readers click through to see your new entry. The real magic happens when the search engines follow the link from the blog directory back to your blog.
The search engine then finds other material to index. As you keep getting more links to your blog, the search engine has more pages to index. Eventually you'll find your blog turning up in searches. You won't be in the top couple of pages right away, but you will see your search engine traffic rise.
Blog and ping might sound a little complicated, but it's actually very easy. Most major blog platforms ping the major blog directories automatically. If you want to ping a blog directory that's not listed in their default list, you can usually add it manually.
What if you don't actually have a blog yet? Well, it's time to hop on the bandwagon. Blogs are useful for conveying your personal thoughts to anyone and everyone, about whatever subjects you choose. You can keep in touch with far-away relatives or just give yourself a creative outlet.
Lately, though, blogs are used quite often as marketing tools for businesses. The business blog can take many forms, from an informal journal kept by a CEO to a formal, frequently-updated record of new products.
Setting up a new blog is not difficult at all, and you have several options to do it. Most often, new bloggers set up a blog with one of the popular blogging platforms. These platforms offer standard templates, or you can create your own to match your company's color scheme or your personal preferences.
Once your blog is set up and ready to go, don't forget to make sure that it pings every blog directory possible. Blogging without pinging the blog directories is like spinning your wheels: you're doing something, but you're not making any progress.
If your blogging platform does not support pinging or doesn't submit to the directories you want, you can use software to accomplish the same thing. It's available under many different titles, but the basic function is to take your most recent blog post and send it to several blog directories. Your links start building up, your search engine traffic increases, and you are one happy blogger.
Today, the rules are much different. In some ways it's much easier to get great traffic from search engines, but in other ways it's even harder. A website has to have a lot of clout before Google or Yahoo will list it in their top returns, but there are many ways to make your site more attractive to the search engines.
If you're trying to build traffic for a blog, the best thing you can do for increased traffic is to blog and ping. This slightly humorous-sounding term simply means that you let blog directories know each time you make a new blog post.
By cluing in the blog directories whenever you add a new blog post, you're building traffic in two ways. You might get an initial rush of traffic from the blog directory as readers click through to see your new entry. The real magic happens when the search engines follow the link from the blog directory back to your blog.
The search engine then finds other material to index. As you keep getting more links to your blog, the search engine has more pages to index. Eventually you'll find your blog turning up in searches. You won't be in the top couple of pages right away, but you will see your search engine traffic rise.
Blog and ping might sound a little complicated, but it's actually very easy. Most major blog platforms ping the major blog directories automatically. If you want to ping a blog directory that's not listed in their default list, you can usually add it manually.
What if you don't actually have a blog yet? Well, it's time to hop on the bandwagon. Blogs are useful for conveying your personal thoughts to anyone and everyone, about whatever subjects you choose. You can keep in touch with far-away relatives or just give yourself a creative outlet.
Lately, though, blogs are used quite often as marketing tools for businesses. The business blog can take many forms, from an informal journal kept by a CEO to a formal, frequently-updated record of new products.
Setting up a new blog is not difficult at all, and you have several options to do it. Most often, new bloggers set up a blog with one of the popular blogging platforms. These platforms offer standard templates, or you can create your own to match your company's color scheme or your personal preferences.
Once your blog is set up and ready to go, don't forget to make sure that it pings every blog directory possible. Blogging without pinging the blog directories is like spinning your wheels: you're doing something, but you're not making any progress.
If your blogging platform does not support pinging or doesn't submit to the directories you want, you can use software to accomplish the same thing. It's available under many different titles, but the basic function is to take your most recent blog post and send it to several blog directories. Your links start building up, your search engine traffic increases, and you are one happy blogger.
Labels:
Internet
Friday, July 18, 2008
Meaning of Islam
The Meaning of Islam
ISLAM is derived from the Arabic root "SALEMA": peace, purity, submission and obedience. In the religious sense, Islam means submission to the will of God and obedience to His law.
Everything and every phenomenon in the world, other than man is administered TOTALLY by God-made laws i.e. they are obedient to God and submissive to His laws i.e. they are in the STATE OF ISLAM. Man possesses the quality of intelligence and choice, thus he is invited to submit to the good will of God and obey His law ie. become a Muslim. Submission to the good will of God, together with obedience to His beneficial law, i.e. becoming a Muslim is the best safeguard for man's peace and harmony.
Islam dates back to the edge of Adam and its message has been conveyed to man by God's Prophets and Messengers including Abrahim, Moses, Jesus and Muhammad. Islam's message has been restored and enforced in the last stage of the religious evolution by God's last Prophet and Messenger Muhammad.
The word Allah in the Arabic language means God, or more accurately The One and Only Eternal God, Creator of theUniverse, Lord of all lords, King of all kings, MostCompassionate, Most Merciful. The word Allah to mean God is also used by Arabic speaking Jews and Christians.
Articles of Faith
Allah, the One and Only God
A muslim believes in ONE GOD, Supreme and Eternal, Infinite and Mighty, Merciful and Compassionate, Creator and Provider. God has no father nor mother, no sons nor was He fathered. None equal to Him. He is God of all mankind, not of a special tribe or race.
God is High and Supreme but He is very near to the pious thoughtful believers; He answers their prayers and help them. He loves the people who love Him and forgives their sins. He gives them peace, happiness, knowledge and success. God is the Loving and the Provider, the Generous, and the Benevolent, the Rich and the Independent the Forgiving and the Clement, the Patient and the Appreciative, the Unique and the Protector, the Judge and the Peace. God's attributes are mentioned in the Quran.
God creates in man the mind to understand, the soul and conscience to be good and righteous, the feelings and sentiments to be kind and humane. If we try to count His favours upon us, we cannot, because they are countless. In return for all the great favours and mercy, God does not need anything from us, because He is Needless and Independent. God asks us to know Him, to love Him and to enforce His law for our benefit and our own benefit and our own good.
ISLAM is derived from the Arabic root "SALEMA": peace, purity, submission and obedience. In the religious sense, Islam means submission to the will of God and obedience to His law.
Everything and every phenomenon in the world, other than man is administered TOTALLY by God-made laws i.e. they are obedient to God and submissive to His laws i.e. they are in the STATE OF ISLAM. Man possesses the quality of intelligence and choice, thus he is invited to submit to the good will of God and obey His law ie. become a Muslim. Submission to the good will of God, together with obedience to His beneficial law, i.e. becoming a Muslim is the best safeguard for man's peace and harmony.
Islam dates back to the edge of Adam and its message has been conveyed to man by God's Prophets and Messengers including Abrahim, Moses, Jesus and Muhammad. Islam's message has been restored and enforced in the last stage of the religious evolution by God's last Prophet and Messenger Muhammad.
The word Allah in the Arabic language means God, or more accurately The One and Only Eternal God, Creator of theUniverse, Lord of all lords, King of all kings, MostCompassionate, Most Merciful. The word Allah to mean God is also used by Arabic speaking Jews and Christians.
Articles of Faith
Allah, the One and Only God
A muslim believes in ONE GOD, Supreme and Eternal, Infinite and Mighty, Merciful and Compassionate, Creator and Provider. God has no father nor mother, no sons nor was He fathered. None equal to Him. He is God of all mankind, not of a special tribe or race.
God is High and Supreme but He is very near to the pious thoughtful believers; He answers their prayers and help them. He loves the people who love Him and forgives their sins. He gives them peace, happiness, knowledge and success. God is the Loving and the Provider, the Generous, and the Benevolent, the Rich and the Independent the Forgiving and the Clement, the Patient and the Appreciative, the Unique and the Protector, the Judge and the Peace. God's attributes are mentioned in the Quran.
God creates in man the mind to understand, the soul and conscience to be good and righteous, the feelings and sentiments to be kind and humane. If we try to count His favours upon us, we cannot, because they are countless. In return for all the great favours and mercy, God does not need anything from us, because He is Needless and Independent. God asks us to know Him, to love Him and to enforce His law for our benefit and our own benefit and our own good.
Labels:
Understand Islam
Thursday, June 12, 2008
Disappointment Again
We the common people of Karnataka voted for Mr. Yediyurappa and his party because they promised to crush the corruptions in government offices and crush the prices of essential commodities. But after winning the elections they forgot all of their promises, like any other corrupt parties.
Karnataka is infamous for official corruptions and costliest state of India. The wrong policies and mismanagement of all the previous governments are responsible for the present dangerous situation of Karnataka.
Now Yediyurappas BJP is following the same wrong and corrupt policies of previous regeems. What a shame and disappointment for us.
Karnataka is infamous for official corruptions and costliest state of India. The wrong policies and mismanagement of all the previous governments are responsible for the present dangerous situation of Karnataka.
Now Yediyurappas BJP is following the same wrong and corrupt policies of previous regeems. What a shame and disappointment for us.
Labels:
Disappointment
Where are the Indians
Sonia's are from Italy, Advanis and Manmohans arefrom Pakistan. they and their corporate gangs are developing in India. But we the original people of India, are still suffering from disease, hunger, striving and dying.
Yes, what is the rootcause of naxalite and other terrorist movements ? Why these Indians are disappointed from policies of our governments? Are these buroctarates, leaders and corporate gangs not responsible for all the problems of mother India ? Yet we are shamelessly enjoying the dirty propagandas of news papers and TV channels belonging by the criminal corporate gangs.
When we will awake ? When the mother india will be for original Indians ?
Labels:
Mother India
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