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How fast can I achieve online business profit

Achieve Online Business ProfitOne of the first things my students ask me is how long will it take to achieve online business profit.

Wow.

That’s a loaded question, don’t you think?

It’s like asking a garage band how long it will take to get their first paid gig, or their first studio contract, or when they will release their first album.

There are just so many variables that nobody can predict or estimate the amount of time it will take for your online business to profit.

But there are things you can do to make sure you are doing everything possible to speed things up.

And the extent to which you do, or fail to do these things will be a pretty strong indicator of how long it might take you.

Focus on just one online business model

I guess this seems pretty obvious.

But no.

It’s really not.

I’ve actually coached people who have been running their blogs or online business for months, even years.

Some are affiliate marketers, others have a service to provide.

Most use blogging in conjunction with their online business.

But here’s the thing.

They’re either not profiting at all, or they’re falling far short of the results they had hoped for when they first started.

How Can I Break Through Endless Failure

So they ask me.

“How long is it going to take for my online business to profit?”

And I know right away that this question comes from fear.

Fear that it’s never going to happen.

So they want proof.

They want validation for their efforts… that they will pay off sooner rather than later.

And that’s because they don’t want to invest too much of their time doing something that may fail.

Can your online business profit?

Okay, so here’s the problem with all that.

First of all, if you need validation that you should be doing what you’re doing, you probably shouldn’t be doing it.

You see, few businesses succeed because they are the perfect business to be running.

Instead, your business only becomes the perfect business when you use it as a way to help people.

Not to profit.

But to help people.

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When you focus on profit, you’re usually focusing on failure.

But when you focus on helping people, then you’re positioned to profit.

Should you change course?

Second, if you’re pushing hard to make your online business profit fast, that tells me you’re ready to jump ship if it doesn’t.

So you’re really not committed to your business.

You’re only committed to making profit.

And if the business you’re running can’t do it fast enough, you’ll hop over to another one that you think might work better.

When you have this “profit fast, or else” attitude toward your business, you’re not really focused on one single business model.

You’re just fishing for anything that might profit.

And that’s usually a recipe for failure.

You need to be absolutely convinced that you’re running a blog or some other online business that is able to help people.

And because of that conviction, there’s nothing you won’t do to make it work.

You are prepared to “stay the course” no matter what.

Clarity

It’s important to have clarity for your online business to profit.

Stop chasing gurus who try to pull you off track so you can buy their course, software or system.

Stay true to yourself, and to your mission.

That presumes, of course, that you are thoroughly familiar with your business.

And it presumes that you have a clear strategy for making it work.

Clarity starts by making sure you know what you’re doing.

Do you know all you need to about your business?

Make it your business to know your business well enough to be able to help people.

And be clear on your strategy for making your online business profitable.

Blogging Success Mindset - You Can Do It When You Believe It

If you’re not, then identify where you are lacking.

And figure out how you’re going to develop that strategy, game-plan, or blueprint.

You’ll get nowhere without it.

This is probably the most critical part of making your online business profitable.

So unless you’re 100% clear on how you are going to reach your goals, then I highly recommend you work with a good online business coach.

Someone who can show you the way.

And of course, if you’re looking to get into the profit zone as quickly as possible, then hiring a good coach is absolutely the first thing you should be doing.

Have a single business

I’ve already talked about the importance of having one single business model that you’re working from.

That will give you the clarity you need to make your online business profit.

Without that single-minded, single-purpose clarity, you’ll just be one more confused online business entrepreneur.

Have a single marketing strategy

Regardless of the online business model you choose, you are going to need to market it.

Don’t try to market it with a barrage of strategies.

Develop one single strategy focused on one goal… to get your online business to profit.

If you don’t know how to develop that single strategy, then please, work with a coach who can help you design it.

Your entire business will be driven by this strategy.

So be sure it’s right.

And I don’t mean to make sure it’s “the best one.”

There are countless strategies you might use to get your online business to profit.

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But you need to develop just ONE that will work best specifically for you.

I can’t overemphasize how critical this will be to your success, so get this right.

Just like a beautiful house will crumble if it’s foundation rots, your business cannot stand unless it is built firmly on a sound marketing strategy.

Spin-off marketing strategies

Now, you understand that there will be an array of spin-off strategies.

You must start, and stick with, one primary strategy, though.

Then, as necessary, you will use others, too.

So if content marketing becomes your primary marketing strategy, for instance, you may also develop blogging, social media, video and others to help support that strategy.

But content marketing, in this case, would always remain as your main strategy.

The others would be useful only insofar as they help your content marketing become more effective.

Have a single profit strategy

For your online business to profit, it must also be based on a single profit strategy.

Here again, there may be many ways for you to profit from your online business

But you need to rely on one main strategy.

You don’t want to be heading off in a hundred directions if your core strategy is not bringing in the profit you need.

It will only detract from your clarity and single-mindedness.

Both of those mindsets are absolutely essential for your online business to profit.

So sure, you could have lots of ways to make money.

But which one will you focus on primarily?

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Maybe it’s selling courses in your niche, or running webinars, or doing affiliate marketing on your blog or in your videos.

You might be offering a service, for example, and signing up clients would be your primary profit strategy.

But in addition to getting paying clients, you might be selling them your information course, or your coaching, or affiliate products.

You might be doing those things as part of your email marketing, or on your blog or Facebook page.

You see, once again, you must have a single profit strategy to get your online business to profit.

Then, as you continue developing that strategy, you could add other strategies to the mix.

Running your business

Once you have designed your business model, along with a marketing and profit making strategy, you need to take time to actually operate, or run your business.

Strategies are essential.

And you need to be perfectly clear on what your strategies are.

But you need to implement them or they will never result in profit.

I’m talking about the operational part of your business.

And it’s essential to clearly plan and implement the operation, the running, of your online business in order to profit.

What’s your Daily Method of Operation?

Developing clarity about the operation of your business requires a blueprint for taking action.

And not only action as a broad idea of what you need to do, but action in terms of what you will do on a daily basis.

This is called your Daily Method of Operation, or DMO.

You must have a clear DMO and stick to it through thick and thin.

What do you have to do as part of your daily routine?

Write an article?

Post to your Facebook page?

Publish a pin on Pinterest?

Figure that out.

Draw up your DMO blueprint

You won’t find it all written out anywhere.

There’s no one DMO blueprint that is good for every business model.

You have to figure that part out.

Or work it out with your online business coach.

Either way, get your DMO blueprint clear, then put it into action.

That will help you work with a distraction-free mindset.

No need to wonder what to do, just get down to the business of doing it each and every day.

That’s the fastest way to achieve profitable results from your online business.

How long will it take for my online business to profit?

I know you want to speed up to the results you want… for your online business to profit.

After all, that could be a life-changer.

  • Quit a boring job
  • More time, travel and leisure
  • Move into your dream house
  • Stop worrying about bills and debt

There are so many ways a profitable online business could change your life, right?

I’m sure I don’t have to list them all out for you.

You’ve probably got them right on the tip of your tongue.

And you probably think about them every single day.

But before you get to that point, you have to learn to give.

And here are the two ways I believe you need to start giving.

Give yourself the Gift of Time

Give yourself time.

Don’t expect to start pulling in big profit after 3 months.

You might have to give it 6 months.

Or 12.

Maybe 2 years.

Maybe 5 years.

I don’t know.

Nobody does.

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It all depends on how hard you work, and how quickly you can master essential skills.

And of course, it depends so much on how you strategize in ways I’ve talked about already.

So, all that is uncertainty.

But this is for sure.

Drop the expectations

You need to drop the expectations.

Just keep getting better at what you do.

Maybe that means writing blog posts.

Or shooting videos.

In other words, focus on honing your skills.

Learning from your mistakes.

Improving your success strategies.

Whatever level of achievement you are at, be grateful for what it is.

And strive to build on it.

Unburden your heart by giving yourself the gift of time.

Give your readers the Gift of Caring

The quicker you can master this, the faster your online business can profit.

And I know so many online business entrepreneurs who never master this.

So you can jump to the head of the line when you do.

Your readers need to know you care about them.

They need to get the sense that you are trying to help them.

And they need to see how their lives can be improved by following you.

You see, all that amounts to one thing.

Trust.

People will trust you if they know you care about them and are trying to help them.

How do you do this?

It’s really simple.

Stop worrying so much about what you want to achieve.

Focus, instead, on helping others get what they want.

That’s it!

Just keep helping people.

Every day.

Love the process.

Also, love what you do.

And, most importantly… love your followers.

Top Tier Coaching

Treat them like they are your family.

You don’t stop helping your family, do you?

Even if they’re not getting it.

It’s just an innate love that keeps you helping them, no matter what.

Unconditionally.

Do that with your readers, customers, followers… and you’ll be surprised how fast you can achieve online business profit.

-Donna

PS: Please share your thoughts below, and post this article to your favorite social sites.

Donna Merrill
Donna is a well known blogger and creator of "Blogging Magic" - an intensive guide to blogging. "Blogging Magic" is for beginners who are trying to figure out how to bring their blogs to life with tons of visits, comments and social media interaction. It's even for advanced bloggers looking to reach new levels of authority and engagement with their audience.

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12 Responses to How fast can I achieve online business profit

  1. SharlaAnn Matyjanka
    Twitter:
    July 12, 2021 at 9:25 pm #

    Good Day Donna,
    This post is fantastic. You make some great points on the importance of staying focused, managing expectations and purpose. I would add that a person also needs to be WRITING these down. Your goals, your plan, your DMO, even your hours of operation (the time you are working on your business) should be in writing. Then you need to read them every single day. I find when I have things written down and am reading it everyday it is much easier to stay the course. It gives me a very clear, defined path to follow and I know right away if I get off course.
    SharlaAnn

  2. Karyl Miranda July 12, 2021 at 5:41 am #

    Thanks for this Donna! It’s always great to read articles about succeeding in the world of online business. I’m sure a lot of aspiring entrepreneurs will find this useful.

    Karyl Miranda recently posted.. 10 Online Jobs to Supplement Your Income

  3. Peter July 11, 2021 at 3:02 am #

    Hi Donna,
    My name is Peter and I am new to blogging. I am being tutored by Glenn Sheperd who suggested that I take a look at your blog.
    I have read this post and found it very useful particularly the section on managing expectations and just focusing on what you are doing as well as the point of helping others get what they want and not worrying so much about what you want to achieve. This sentiment has also been conveyed to me by Glenn
    Have a great weekend, Peter

  4. Charles Freeland July 7, 2021 at 11:56 am #

    Donna, thank you, just want I needed today!

    I’m a new blogger and life coach, my blog is intended to help build my coaching practice, because helping people is what I DO! I can’t even begin to describe how fulfilling it is, but I think I lose sight of that when I’m writing my blog sometimes. So this was the prefect redirect I needed. Glen Sheppard recommended I read your blog, and I can absolutely understand why. Thank you so much!

    • Donna Merrill
      Twitter:
      July 15, 2021 at 4:26 pm #

      Hi Charles,
      So nice to meet you. When writing a blog post it can be challenging. Even though your blog is new, you are going in the right direction of visiting other bloggers. This is how we grow. Always keep in mind the “thing” you are selling and write good information for others from your knowledge. Eventually your blog and business will grow.
      -Donna
      Donna Merrill recently posted..How to become a trusted authority in your nicheMy Profile

  5. Peter Abraham
    Twitter:
    July 3, 2021 at 10:51 am #

    Hi Donna,
    My name is Peter and I am new to blogging. I am being tutored by Glenn Sheperd who suggested that I take a look at your blog.
    I have read this post and found it very useful particularly the section on managing expectations and just focusing on what you are doing as well as the point of helping others get what they want and not worrying so much about what you want to achieve. This sentiment has also been conveyed to me by Glenn
    Have a great weekend, Peter

    • Donna Merrill
      Twitter:
      July 15, 2021 at 4:33 pm #

      Hi Peter,

      Glad you made it to my blog. I’m so happy you found this useful. Indeed, we have to manage our expectations and focus what we are doing. Also every time we post a blog, a social media post, ….etc. We have to be mindful that what we are conveying will be something someone needs. ….You never know!

      -Donna
      Donna Merrill recently posted..How to become a trusted authority in your nicheMy Profile

  6. Ryan K Biddulph
    Twitter:
    July 1, 2021 at 4:39 pm #

    Hi Donna,

    I had to learn a lesson the hard way: online businesses need to be built to help people and not to turn a profit.

    I had helped oodles of folks for a long time but subconsciously wanted to turn a profit a bit too strongly because certain fears danced around in my mind. Of course, business profits seemed fleeting for a long time. I feared losing money. I lost money by trying to use my online business to make money versus helping people.

    But when I placed a deep emphasis on serving people with little to no emphasis on profiting I noted more readers – both bloggers and non-bloggers – promoting me and my business. Like magic it seemed, I stopped trying to make money, helped people and the people I helped began to position me to make more money.

    When you genuinely trust in the process and care little about money from a patient, working perspective, your content and happy readers you helped net the profits for you. I cannot explain it in clearer terms other than they take care of you because you took care of them.

    Ryan

    Ryan Biddulph recently posted.. 10 Tips to Cure Writer’s Block

    • Peter Abraham
      Twitter:
      July 3, 2021 at 11:20 am #

      Hi Ryan,

      This was a great comment about your emphasis on serving people rather than focussing on profits, I will indeed take this advice forwards into my future business activities. I think all online businesses can benefit from this and must learn not to always be egocentric.
      Regards,

      Peter

    • Donna Merrill
      Twitter:
      July 8, 2021 at 10:44 am #

      HI Ryan

      Excellent advice.

      A successful online business provides a valuable product or service.

      As long as it is something that people want and need, all you need to do is let them know.

      You’ll never find any profitable business that doesn’t focus on improving the lives of their customers, readers, visitors or whatever.

      -Donna
      Donna Merrill recently posted..Where to find bloggers in your nicheMy Profile

  7. Lisa Sicard
    Twitter:
    July 1, 2021 at 4:34 pm #

    Hi Donna, oh yes, if that is the only question, there is the problem!

    The first question should be how can I help others? What problems can I solve for them?

    Those are the things that eventually lead to making money.

    Of course, you may need to change that single business in time as things change rapidly today. You will need to be ready to be agile and make changes along the way.

    Great topic here Donna!

    I hope you have a nice 4th of July weekend!

    Lisa Sicard recently posted.. 7 Powerful Reasons To Use Only WebP Images for WordPress

    • Donna Merrill
      Twitter:
      July 7, 2021 at 11:39 am #

      Hi Lisa

      You hit it on the head… help others… offer solutions to their problems.

      That’s the way to build your own business.

      Nobody cares what you have to say if it’s not helping them, or improving their lives in some way.

      It doesn’t have to be a big way.

      But it has to be something of value to them.

      Thanks for your input, my friend!

      -Donna
      Donna Merrill recently posted..How to use your blog to promote a productMy Profile

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