Hi, Everyone…
Today we are going to have a look at some common mistakes that many business owners are making day in and day out with their efforts. They likely do not realize that they are making these mistakes, and sometimes it takes an article like this to have it jump out at them as they see the similarities as they read through the information.
The purpose of this article is to point out some common mistakes that business owners are making and offer some solutions to help readers have more success with their business, less stress, and more fulfilling experiences as entrepreneurs. It also will introduce readers to one of our best training courses called SMART Training – Power Marketers Club.
In any case…
If you’re starting a new business—or if you’re looking to grow your existing business—then you’ve probably spent a fair amount of time studying marketing strategies. That’s good. That’s important. But marketing strategies only won’t get you to where you want to be. This is particularly true if you’re making any of the following five mistakes we will expand on.
Take a look, and see for yourself…
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Table Of Contents
Table of Contents
- Table Of Contents
- Mistake 1: Being Afraid to Negotiate
- Mistake 2: Letting Negativity Influence You
- Mistake 3: Failing To Plan
- Mistake 4: Wasting Time
- Mistake 5: Not Doing Market Research
- Business Mistake Lessons For Today (and EVERY day)…
- Our SMART Training Course “Power Marketers Club”
- Conclusion
- Bonuses
- Here is what you are getting…
- (1) BONUS # 1 – Creating Your First Start-Up ($27 Value)
- (2) BONUS # 2 – Easy Video Sales Letter 101 ($27 Value)
- (3) BONUS # 3 – The Beginner to Super Affiliate Edge ($27 Value)
- (4) BONUS # 4 – Jumpstart Your Email List ($27 Value)
- (5) BONUS # 5 – Segmenting! Divide ‘N Prosper ($27 Value)
- (6) BONUS # 6 – When Customers Always Win ($27 Value)
- (7) BONUS # 7 – The Sales Page Intensifier ($27 Value)
- (8) BONUS # 8 – It’s Time To Change Affiliate Tactics ($27 Value)
- (9) BONUS # 9 – The Secret To Bridge Pages ($27 Value)
- (10) BONUS # 10 – Data Driven Success ($27 Value)
- Here is what you are getting…
As always, we like to add a TOC for readers so they can quickly navigate to the subject areas that most interest them. Click on the box and then on the area you want to get to first (don’t forget to check out the rest of the article though!)…
Let’s get started…
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Mistake 1: Being Afraid to Negotiate
As a business owner, you get plenty of opportunities to negotiate.
For example:
- You can negotiate a better affiliate deal with a vendor. If you’re the vendor, you can negotiate better terms with your super affiliates.
- You can negotiate for better terms with your freelancers and employees.
- You can negotiate for lower rates or other perks from suppliers.
- You negotiate good deals between you and your joint venture partners or even your business partners.
Those are just a few of the most common negotiation opportunities that you may encounter on a fairly regular basis.
Now here’s the interesting part…
Most people never fully take advantage of these opportunities. In fact, most people never even attempt to negotiate. They feel silly. They feel afraid.
But what’s the worst that could happen?
Someone says no.
Big deal. Life moves on.
And what’s the best-case scenario?
Someone will agree to your terms, and you’ll end up getting a much better deal. Depending on what you’re negotiating, this could save or even generate thousands of extra dollars for you. It’s definitely worth at least asking if there’s room to negotiate.
Now here’s the next mistake…
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Mistake 2: Letting Negativity Influence You
No matter how solid your business plan is or even how well you’re doing, there’s always going to be someone who tries to tear you down.
They’ll tell you your plans won’t work.
They’ll say you should go get a “real job.”
Even when you’re doing well, they’ll warn you that it won’t last.
This is actually a lot more common than you think. Even some of the greatest entrepreneurs in the world have had to deal with this sort of negativity. Take Walt Disney, whose own wife and brother laughed at his plans, and they told him no one would be interested in the types of films and animated characters he was developing.
Of course, we know how that story ended up. Today Disney is a household name, with an empire that includes amusement parks, movies, merchandise and more.
If Disney had listened to his family, that empire wouldn’t exist. And that’s why it’s so important for you to believe in yourself and persist, even when everyone around seems to be unloading their negativity on you. You need to let it slide off of you like water off a duck’s back.
Which brings us to the next mistake…
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Mistake 3: Failing To Plan
When that negativity comes at you hard and fast, there’s one thing you can hold up as a shield to deflect it: a solid business plan.
When you have a solid business plan, that means you’ve thought through every part of your business in a great deal. For example:
- You’ve figured out your target market and learned as much as you can about them.
- You’ve designed a sales funnel, so you know what you’re going to sell to your target market.
- You’ve created a lead-generation and conversion strategy, so you know how you’re going to bring your target market to your website.
- You’ve studied your competitors to the degree that you even know their strengths and weaknesses.
- You’ve looked for opportunities and threats within your marketplace.
- You’ve thought through potential problems and come up with solutions an workarounds.
In other words, you’ve chosen a business model and a well-designed plan for turning a profit. And if you do this, you’ll be ahead of the vast majority of people who start a business. After all, if you’re failing to plan, then you’re basically planning to fail.
Next up…
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Mistake 4: Wasting Time
No one sets out to waste time intentionally. It’s not like you sit down at your computer at the beginning of the day and proclaim, “I think I’ll waste as much time as possible today.”
And yet it happens. You blink, the day is gone, and you’re nowhere near getting through your to-do list. That’s a lot of wasted time—and wasted opportunity.
So what you need to do is focus on ways to make yourself more productive. Here are a few tips to help you out:
- Create and prioritize your to-do list. Before you go to bed at night, you should create a to-do list so that you know exactly what you need to do tomorrow. Be sure to prioritize this list so that your most crucial and important tasks are at the top of the list. In other words, focus on those tasks that deliver the biggest results to you.
- Try productivity apps. If you have trouble with distracting sites such as Facebook, then you may want to try a productivity app. These apps shut down all programs except for your essential programs, such as your word processor. This forces you to focus because your typical distractions are inaccessible.
- Use timers. Sometimes being productive is as simple as setting a timer for 20 minutes, and working as quickly as you can for the duration. If you keep setting a 20-minute timer throughout your allotted work time, you’ll be amazed at how much you can accomplish.
And finally…
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Mistake 5: Not Doing Market Research
A lot of business owners and marketers get product ideas, think the idea is awesome, and then rush out to create the product. But when they put the product up for sale, no one buys it. Tumbleweeds blow over the order form. There is not even a trickle of sales, much less a flood.
So what happened?
The business owner probably didn’t do their market research.
Don’t make this costly and time-consuming mistake. Instead, do some research to find out what your market is already buying. If they’re already purchasing a certain type of product in your niche, then there’s a very good chance they’ll buy your product.
This is particularly true if you follow these two guidelines:
#1. Create something better than existing solutions. In other words, don’t just create a “clone” or a “me too” product. Instead, improve the existing solutions. Create a better mousetrap, as the saying goes. Put out a product with more features and better benefits than anything else out there.
#2. set yourself apart from the competition. This means creating a USP (unique sales proposition) that tells your prospects why your products are different and better than the competing products. This is your succinct reason why people should buy from you instead of your competitors.
Let’s wrap things up…
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Business Mistake Lessons For Today (and EVERY day)…
So now that you know about five of the most common mistakes that can derail your business, you need to take a good look at yourself to find out if you’re making any of these mistakes.
Chances are, you’re making at least one of these mistakes. In fact, most new business owners make several of these mistakes.
For example, if you’ve ever had a day pass you by where you didn’t get much done, then you know the importance of productivity.
Or if you’ve ever launched a product that flopped, then you know why it’s so important to do your market research.
The good news is that you now know to avoid these mistakes. And you can easily avoid many of the other top business mistakes too.
How?
By joining so many other savvy marketers to become a Power Marketer’s Club member. This is a site developed by two of the net’s top marketers. These are two guys who’ve put multiple millions of dollars into their bank accounts over the years. They’ve been there, they’ve done that, and now they want to teach you the business strategies that will help you start or grow your business too.
SMART Training has been fortunate enough to get access to this training for its customers and at a very reasonable price too. They currently have an offer that will surprise you with how little it costs compared to the value you are getting. When the SMART Tools for Business Team put this offer together, they knew that they needed to make it stand above every other similar offer available. They did it.
Here is what you can get today at a super reasonable price:
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Today we have a special offer that will help you get a SOLID start with your affiliate business…It is from our SMART Training Courses and we call this “Power Marketers Club”…
Our SMART Training Course “Power Marketers Club”
SMART TRAINING – POWER MARKETERS CLUB
- You won’t find a better way to learn the truth about affiliate marketing, so check it out now – and hurry, because this offer won’t last long. Right now it is on a VERY special sale price.
- There are 10 video modules in the training and tons of support material. Not only do you get the training, but you also will be joining a private support group for the training, access to some special bonuses and more…
- Using the coupon “SPECIAL27” you can pick up this $97 course for $27, and if you want a special bundle price for an additional 4 courses or 9 courses, we have that available too.
- Explainer Video – This Will Give You Insight For This Offer
Note the video goes into the Affiliate Profits Club Course, but the procedure and the results are the same as for the Power Marketers Club. You are going to get massive savings and also get access to top training courses with plenty of additional resources that will help you succeed faster and with ongoing help from other community members of the support channel, one that you will be a member of for life at no additional charge)…
To help you even more secure this special deal…Here is a screenshot of the sales page (all 10 courses have similar pages and a banner at the top)…
Look at the bar at the top to get the special pricing – the pink button will take you to a special checkout page…
You can lower the costs all the way down to as low as $10 a course from the regular price of $97 if you select all 10 courses and $15 if you select only 5! THAT is huge savings for you and you will have a complete set of training materials and support to get your own affiliate marketing program started.
In the support channels, you will learn about the top 10 affiliate programs to promote, learn about all online affiliate programs, and you will see that affiliate programs do work if you plan how to approach the business and get some good advice). Chat with other students and Dave as well to get timely advice on what to do so you sell more…
Here is a screenshot of the support channel site – you will see it is set up in a similar fashion to Facebook. Once you have purchased, you will be invited to join each channel that covers the courses you have access to…
We look forward to seeing you on the inside. The course link again is here:
SMART Training – Power Marketers Club Access
See You On The Inside!
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Conclusion
Okay, we have covered some common business mistakes in this article and how to avoid making them and also pulled more out of our training package plus made you an offer that is more than reasonable for the SMART Training – Power Marketers Club Course and supporting resources and additional materials.
Now the next step is up to you. Pay a little money now and save a lot of money later through NOT wasting your time and energy (plus cash). We feel strongly that what you are going to get with the training course is going to help you grow faster and make more money than you thought possible.
To sweeten the deal, we have also added some bonuses that you can read about below. Once we have confirmed that your payment for the course or the bundle of courses has been processed, we will send you an email with the link to a page where you can download these courses that have a total value of $270.
We do look forward to your comments and questions as well below. We follow closely the activity that we get for each of our posts and do respond rather quickly. We like to hear from you, so do not hesitate to drop us a note. So we wish you the best for your business and look forward to seeing you on the inside!
Here is the link info again (click on the GREEN highlighted text to go directly to the sales page)…
SMART TRAINING – POWER MARKETERS CLUB
Cheers!
Dave : )
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Bonuses
We also have a set of 10 bonuses for you that will help you get started even faster with your business. Whether you buy one course or all 10 on the special pricing deal we have, you will get all 10 of these…A separate email will be sent to your purchase email address with the download links…
Here is what you are getting…
(1) BONUS # 1 – Creating Your First Start-Up ($27 Value)
(2) BONUS # 2 – Easy Video Sales Letter 101 ($27 Value)
(3) BONUS # 3 – The Beginner to Super Affiliate Edge ($27 Value)
(4) BONUS # 4 – Jumpstart Your Email List ($27 Value)
(5) BONUS # 5 – Segmenting! Divide ‘N Prosper ($27 Value)
(6) BONUS # 6 – When Customers Always Win ($27 Value)
(7) BONUS # 7 – The Sales Page Intensifier ($27 Value)
(8) BONUS # 8 – It’s Time To Change Affiliate Tactics ($27 Value)
(9) BONUS # 9 – The Secret To Bridge Pages ($27 Value)
(10) BONUS # 10 – Data Driven Success ($27 Value)
Not wanting to negotiate and wasting time are the big ones that affect me when I am making my blog or planning the way I am going to make money affiliate marketing. I think if we took more time actually making the things we were going to instead of planning or surfing the web we’d be a lot better off.
Hello, Jon…
Yes, I think all of us suffer a bit from time management (or lack thereof) and it does help every once in a while look at how you spend your time. Seeing how you can reduce wasting time and get more things is a worthy exercise for pretty much all of us…
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I just went through the drill myself at the end of 2019 so I could have a fresh start for 2020. I found there were a lot of small changes that I could implement to help me increase productivity a lot. Now I am putting them into practice for the year ahead.
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Part of the process of this is to do a relook periodically too, maybe every couple of months on a grand scale and monthly on a smaller scale. Our training in the Power Marketer’s Club is intended to help you with that and a lot more.
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It pays to invest in yourself and your business, and this is what the training and support platform and channel are intended to provide. A place to come to where you can get advice and share experiences is helpful for every business owner, and especially for online business owners, who often work from home in a vacuum.
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Cheers!
Dave : )
The Power Marketer’s Club seems like a very good training platform and support group for affiliate marketing. When you have the right training and support you are able to avoid many of the mistakes which you pointed out.
I agree it is important to invest in training and education which will most defintely save you large amounts of money and energy in wasted effort. I appreciate this information and have bookmarked your page for further review.
Thanks so much and all the best.
Hi, Joseph…
Yes, the Power Marketer’s Club is a good springboard course to get a solid start with marketing online. It goes into a lot of detail and has many tips and lessons that can be applied to your business. This course blends well with the other 9 courses that we offer (on this platform) and also we have a support group on a Facebook-like platform where members can work with one another to help even more.
Cheers and all the best to you as well!
Dave : )
Your guide is very helpful for all like me. Before we go to bed at night, we have to create a to-do list so that we know exactly what we need to do tomorrow and focus on those tasks that deliver the biggest results to our business. You cover many mistakes we are doing. Now I understand the reason why we are not growing our own business. Thank you for helping me for find them out.
Hi, Parveen…
Yes, there are many tricks and tips that will help you be more productive when working or getting ready to work. The idea is to start using some of them to help. This is where our training platform the Power Marketers Club comes in.
Not only do you get the training, but you also get access to a support channel where all members of the training course can discuss and help one another out plus there is a weekly training that is broadcast live and will cover various topics. Tons of value for the money.
Cheers!
Dave : )
You give a lot of good insight on the mistakes a business owner makes. I did not know that you could negotiate with a vendor. I did know that you can negotiate with a freelancer and employee. I didn’t realize you had so much power as a business owner, but it makes sense because you are the boss.
Even if you have partners you still have some say, depending on how much of the company you own, in what goes on. You sound like me.. So someone says no.. Big deal, move on. I love it. I always say that you cannot let negative things get to you. When you start your own business you have to start from somewhere. Unless a family member gives you a well established business or you inherit one you will start from the bottom.
I have been working on my planning. If you do not plan as a business owner you will fail. It is sad, but it is true. I was wasting time when I first started my business, but I had to get some self discipline and get myself together. I just starting doing some really good market research to give myself an advantage. Great article, and good tips. I really appreciate the advice.
Hi, Yekelseaya…
Thanks for stopping by and dropping a comment too. The article is based on lessons in the training found in our Power Marketers Club and the ideas really can help…Planning in such a crucial piece of any business. The Power Marketers Club comes with a focus group channel and also extra live webinar sessions that are recorded and archived…
So far we have had very positive reviews from users so decided to test the waters and add a post or two about the different courses that we offer in our SMART Training program. There are a lot and more are being added on a regular basis.
Best of luck to you with your business!
Cheers!
Dave : )
Hi Dave,
Learning from experienced marketers like you saves us time, trouble, effort and money.
Among the 5 mistakes I am almost making 4 mistakes. Recently added the book “Getting to Yes: Negotiating Agreement Without Giving In” by Roger Fisher and William L. Ury to my library. I am really afraid of negotiation and I need to come out of it.
When I don’t see enough results for my work I am really worried and procrastinate my works. Wasting time is one of my big problem, spending a lot of time on news and YouTube channels. Time management is life management! I need to stick with my work schedule.
I need to pay close attention in doing market research. Your post have given me plenty to think about here and your post is so thorough it opened my eyes and I was able to do a self evaluation.
Hey There, Paul!
Glad the post was of some value and I think most of us fight these sorts of demons to one extent or another! It sounds like you have some good material to learn from, I had not heard of that book but will check it out.
Negotiation is such an important aspect of business and life really. It can be hard to make the right decisions when you are in the middle of one so it makes a lot of sense to get some insight ahead of time…
The Power Marketer’s Club goes into a lot of these type dilemmas and also the support channel that we started will do more. The live sessions that we record and archive will add yet more value and the hope is that we can have an ongoing discourse.
I do wish you the best for the new year that we are already well into and please do stop by again. You bring a lot of value to the site and readers appreciate this as I do!
Cheers!
Dave : )