Business Alone

You have heard many times that keeping customers and web site visitors on your site and coming back for more should be one of the top priorities of every online solo business owner.

There are a number of reasons for doing this - one of the most important is that the cost of finding new customers is typically higher than the cost of retaining current customers.

There are other reasons as well. Today we're going to look at just what the business owner can do to keep his paying customers coming back for more!

Regardless of the niche you are in, developing your web site and business philosophy so that you keep this simple principle at the forefront of your execution will pay you great dividends over the course of your business life.

Here are seven top ways to hold on to your customers:

In our previous discussion, we talked about seven ways to best retain your loyal customers.

I'd like to continue that discussion today with seven additional things you can do in your business to make your web site "sticky" (as in hard to let go of) and to keep your prospects and buying customers happy with your business to the point they want to continue their relationship with you.

When you think about it, online customers has a nearly unlimited choice of options in almost ever niche. For you to gain a paying customer and then let that person "go" because their is nothing new or exciting at your site, is not a smart strategy.

It's much better to actually focus on the needs of your loyal and best customers, possibly even to the extent of giving new customers less attention.

I'll admit it . . . I'm a victim.

So are thousands of other would-be entrepreneurs that never start a business because they just can't seem to find the traction to get going.

Sure this is a big step . . . sure there are lots of reasons to begin slowly and not jump into the water that's too deep or too swift until you know how to swim.

Yes, careful planning and thoughtful mentoring will certainly increase your chances of success.

Regardless, the first step is always the hardest!

So many, many people have great difficulty in setting themselves in motion. The reasons are many, of course, but the sad truth is that many dreams fade as the morning breaks because the dreamer can't get out of bed.

Indecisiveness, over-analysis, and the fear of making the wrong move stop many people in their tracks and paralyze them from ever planting and growing their own small business idea.

I'd like to spend some time giving you what I believe are great solo business quotations. These are not my thoughts (although I wish I had the keen insight that these business savvy people express) but rather the ideas of others that are targeted to helping you in your online business.

No, most of these quotes are not specific to Internet solo business. Some were made way before the Internet was born.

But don't discount their appropriateness just because some were spoken in times long ago.

These business thoughts can help you to understand some of the timeless wisdom that other entrepreneurs have shared to help you in this day and age.

Every solo business owner knows (or should know) the needs of his business better than any other individual. The key, then, to being a smart business owner is to be able to analyze what is going on in your business and correct any deficiencies quickly.

If there was ever a more appropriate quote for a business owner than "the buck stops here" I don't know what it would be. As a solo business owner, you have the ultimate, final, and only say regarding what happens in your business.

We're back again reviewing some more wonderful small business advice from some of the most successful people in the business world. These are not my thoughts (although I wish I had the keen insight that these business savvy people express.)

No, most of these quotes are not specific to Internet solo business. Some were made way before the Internet was born.

But don't discount their appropriateness just because some were spoken in times long ago.

These business thoughts can help you to understand some of the timeless wisdom that other entrepreneurs have shared to help you in this day and age.

Every solo business owner knows (or should know) the needs of his business better than any other individual. The key, then, to being a smart business owner is to be able to analyze what is going on in your business and correct any deficiencies quickly.

If there was ever a more appropriate quote for a business owner than "the buck stops here" I don't know what it would be. As a solo business owner, you have the ultimate, final, and only say regarding what happens in your business.

Here are some additional small business quotes that you can enjoy.

These are not my thoughts (although I wish I had the keen insight that these business savvy people express) but rather the ideas of others that are targeted to helping you in your online business.

No, most of these quotes are not specific to Internet solo business. Some were made way before the Internet was born.

But don't discount their appropriateness just because some were spoken in times long ago.

These business thoughts can help you to understand some of the timeless wisdom that other entrepreneurs have shared to help you in this day and age.

Every solo business owner knows (or should know) the needs of his business better than any other individual. The key, then, to being a smart business owner is to be able to analyze what is going on in your business and correct any deficiencies quickly.

I will depart from my usual style of posting today to bring you something that might be helpful if you are having difficulty trying to decide what type of home business you might be interested in. I ran across a book entitled: Great Big Book of Business Lists.

The book listed 62 different small manufacturing businesses that entrepreneurs might start at home. I thought the list was worth quoting here as it seemed to be comprehensive and a good starting point for any of you that might be looking for this type of help.

Obviously, it would help to have expertise in your chosen niche . . . however, I can tell you that there are dropshippers available that can send any kind of product to a buyer. So even though you may not plan to actually construct patio furniture, you still have the opportunity to sell it if you can do a good job of finding profitable sources and markets for this product.

Here is the list as quoted:

1- Patio Furniture Manufacturing
2- Online Manufacturer's Directory
3- Kitchen Cutting Boards
4- Bookends
5- Weather Vanes
6- Waterbeds
7- Custom Picture Frames
8- Wooden Signs
9- Scratch Posts
10-Wooden Sash Windows

Business mentors are a real boon to most entrepreneurs. They have traveled the same road and can keep you out of danger.

These business ideas are not my thoughts (although I wish I had the keen insight that these business savvy people express) but rather the ideas of others that are targeted to helping you in your online business.

No, most of these quotes are not specific to Internet solo business. Some were made way before the Internet was born.

But don't discount their appropriateness just because some were spoken in times long ago.

These business thoughts can help you to understand some of the timeless wisdom that other entrepreneurs have shared to help you in this day and age.

Every solo business owner knows (or should know) the needs of his business better than any other individual. The key, then, to being a smart business owner is to be able to analyze what is going on in your business and correct any deficiencies quickly.

If there was ever a more appropriate quote for a business owner than "the buck stops here" I don't know what it would be. As a solo business owner, you have the ultimate, final, and only say regarding what happens in your business.

I know many would-be business owners are caught up in the dream of solo business.

They envision themselves as enjoying lots of money as the fruit of their efforts.

They see themselves as being the "boss" of their own lives.

They fantasize about working when they want, doing what they want, and being accountable to no one.

They sometimes are so desperate to begin their new life they don't properly prepare for what is ahead of them.

They don't think about the extent of the commitment it is to leave a paying job and begin a new business venture that is untested and untried.

Experts tell us that web site owners have just 8 seconds to grab the attention of web visitors and then they are gone! 8 seconds is a very short amount of time!

You work so hard to get people to your site, often spending money to drive traffic there, and you can't afford to have folks clicking away because they have no interest in what they see.

Your title needs to be a good one as that is what most people focus on at first glance. It is the largest text (hopefully) and it is the gateway to whatever else is on the page.

Your title needs to be engaging ... it needs to keep the reader on the page and interest him or her in reading more. If it is boring, too plain, confusing, or outside the viewer's interest (off target) you are going to lose that prospect, possibly forever.

Let's examine the specific elements of a great title. A title or headline should be:

It seems that almost everyone has an idea for a killer home business.

In fact, some folks can only think of ideas - they get stuck trying to figure out how to implement their ideas to the point of never actually starting anything!

At times, it will pay to have confidence in your idea and be its champion from start to successful business launch.

At other times, many of us tend to over-analyze or over-scrutinize our business ideas to the point of dooming the business before it ever has a chance.

Why not identify the roadblocks to coming up with a great business idea, then move beyond them once you understand what they are.

It would be a grave mistake on your part to ignore the wants of the women in your niche.

It's easy to get carried away with "male marketing" regardless of what you sell. The Internet is no longer the playground of geeks and male business or entrepreneurial types that we so often associate with solo business.

I have heard the statistic that close to 60% of all online users are women of various ages. I will try to find the reference for you; but regardless of what the exact number is, you need to pay attention to their needs and wants ... especially their wants.

You see, we don't always buy what we need. We typically make purchases of what we want.

For many entrepreneurs, getting started in business on solid footing is an elusive task. Preparing a business plan just doesn't seem to be that important.

Yes, there are some business professionals that talk about the useless nature of the typical business plan. After all, they claim, there is no way to anticipate what revenues and expenses will be. They claim that everyone anticipates building their own plan to show that they will be successful by year 3!

When you get right down to it, however, these same professionals are not saying that folks should go into business without some kind of preparation. They are saying to do your planning, but maybe not prepare the typical "prototypical" structured business plan document.

Regardless of what you call, or even how you do it, everyone needs to plan for and prepare for starting a business in advance.

A sound marketing plan is very important to the success of any solo online business operation.

Your plan should include areas of focus like niche market research, the customer profiles that you have targeted, an analysis of your competition, your positioning, the products and services
that you are selling, your pricing plan, and your advertising and promotion details.

Do your homework before developing your market and niche plan. Effective marketing, planning and promotion begins with solid data and information about your specific marketplace and the sub-niche you have chosen.

Your business will benefit immensely by the amount of quality information and thoughtful pondering your give your plan.

I'd like to talk about a way to conduct your solo business online that will bring you all the profits and business that you can handle. What I'm speaking about has as much to do with your mindset as it does about your strategy or business system of operating.

If you will adopt an "MO" (a method of operating) that includes what I'm going to describe here, your business will automatically be differentiated from your marketplace competitors. You will have a unique and wholly creative business that your clients will love and clamor for.

What I'm talking about has nothing to do with your chosen business niche, per se. This model can be implemented in any niche market, with any product or any service.

In addition, anyone can adopt this business mindset as it is totally age, gender, culture, education, and experience independent.

Have you guessed yet what I'm talking about? Yes, the title of this post should have given the secret away.

If you've read anything about home business conducted on the Internet, you know how important, even critical, it is to choose a specialized niche, one that you can compete in successfully.

Generally, you want to be involved in a niche that is vertically deep as opposed to horizontally broad. If you don't know what that means, here's a simple explanation:

Every niche market has a different dynamic, a unique structure based on the various parts or segments of that niche. In addition, each will have a different set of enthusiasts.

Optimally, you would want to concentrate on depth rather than breadth of the market you're in.

In the previous post we talked about turning a hobby into an online business and why it was a good idea to choose a very deep and specialized market niche.

We also said that the subject of the niche was important and that it should usually be a topic that the owner had experience in, knowledge of, training for, and passion about.

Most often, the business owner will be most successful if he can narrow his potential customer pool down to just those folks that have a great and frenzied interest in exactly what the owner is selling.

I think you would be surprised with the number of potential prospects globally, even though the niche chosen seems way too narrow.

Sometimes there's a tendency to evaluate the earning potential of a particular niche by the number of potential customers that are there. Alternatively, entrepreneurs may evaluate the likelihood that a niche will be hot in the future, or possibly offer the potential for higher end products and services.

In either case, and there are other alternatives (like a person's passion for the subject of the niche, or his knowledge of the field, or previous experience in the market, etc.), one must never overlook the importance of focusing on targeting of the audience.

Whether the number of potential prospects is relatively large or small, the best results for your advertising and marketing will always come as you are able to hone in on "the perfect customers" for your products or services.

I sincerely believe that a successful business can be created around almost any marketable idea.

I also believe that every person has hidden away in his/her mind, a potentially profitable business idea that can be made marketable in the right hands.

Your task, as I see it, is to identify the idea(s) that has this great potential and test it to the extent that you're comfortable with it becoming the basis of your new business going forward.

So how do you pull this good business idea from your mind? Where do you go to find it?

Here's an exercise that anyone can do that should help you come up with some great and personalized ideas for the subject of your new online business.

Spend some time and find a niche that takes advantage of the areas of specialty for which you are uniquely skilled or qualified, but which also keep your interest and stoke your passion.

The steps are fairly elementary. I would recommend doing this exercise with your spouse or a close friend that knows you well - that way you'll be able to get a second opinion about your suitability to enter this niche.

In the previous two posts, we discussed a technique for drawing up a very specific list of business subjects that could become the basis of your online enterprise. They are designed to take advantage of your past life experiences, education, skills and passion.

There is a good chance there will be duplicate items on the list. If you find them, cross all the duplicates off so there is only one listing left, but for each duplicate you crossed off, place a star by the one remaining. (For example, if there were three entries the same, you are now left with one entry and two stars by it.)

Now re-list the items from top to bottom in a new list: the items with the most stars at the top, then the next most, then the next, etc.

For all the remaining items with no stars, list them in descending order according to how much you now enjoy doing them, or working with them, or in some way participating in that subject. The entries you enjoy most are ranked above the ones you don't enjoy so much.

Who says Internet business can't be adapted and put to profitable use by a youngster?

Here's an example of a young boy in my neighborhood that has chosen the Internet as his business contact and delivery mechanism.

You may have heard the slightly cynical phrase - "If you can't figure out how to do something on your computer, just find a six-year-old." There's a whole heap of truth to that observation. Anyway . . .

I learned about this kid in my neighborhood, who shall remain anonymous in case the child labor law spies are lurking about, that decided to run his business online.

I've often thought about the myriad of reasons for startup business failure. Because creating and operating a business involves so many details, it's easy to understand why problems galore plague entrepreneurs.

Many mess-ups are not fatal.

The owner can recover from non-crippling problems that result from unexpected circumstances or misjudged steps. Persistence and adaptability are key ingredients in the owner's arsenal of personality traits that are needed to overcome big mistakes.

But there is one very tough problem to correct: a poor choice of the basic business idea.

If the whole subject of your business is wrong - if you have employed an incorrect model - or you have overestimated the "salability" of your product - you could be in for a very rude awakening.

Some call it "the paralysis of analysis."

Others refer to it as "a mental block" or "brain freeze."

But whatever you call it, don't let it get in the way of you coming up with a sound and workable business idea.

You see, more than a few aspiring entrepreneurs mistakenly believe that they must come up with an idea that will appeal to the masses - that will become the "next big thing." If they don't get that flash of inspiration, they hesitate to get going on anything.

Some folks believe that ordinary ideas have all been tried and unless they find a new or innovative idea they won't become successful in online business.

I say, "don't worry about finding the perfect idea - just find a good idea, test it, and then develop your business around being exceptional in your niche in some way."

Many entrepreneurs struggle to come up with good ideas. It only takes one, however, to lay the foundation of a profitable business. But don't worry - your idea doesn't necessarily need to be perfect to allow you to start a business.

Here's a tip: instead of trying to think of the exact, final idea that will be the basis of your business, it might help to start out surveying the field. In other words, begin by looking at general areas or industries rather than focused, tight subjects.

Start at the wide end of the funnel and narrow your choices and focus as you move down the funnel toward the small end. There will be a lot of areas or industries that you'll be able to eliminate right off the bat to narrow the field.

Let me tell you about some general categories of Internet business that have historically been of great interest to lots of customers. These are not niches - they're just wide areas or subjects that have proven to hold many potential prospects.

Coming up with a workable home business idea is only a beginning. If whatever that idea is never develops beyond a thought, your dream of a real business will never happen.

In fact, let me be so blunt as to say that your chances for success in any business creation attempt will be directly proportional to your ability to translate ideas, and feelings, and thoughts into executed action steps.

Every new product and service that you see in the world today is the result of someone's acting upon an idea and following through by executing a series of steps that eventually resulted in the product's launch.

There may have been many, many people that had a similar, or even the exact same idea.

Entrepreneurs are a diversified bunch. They appear in all sorts of sizes, temperaments, ages, and with various backgrounds.

Some produce tons of workable business ideas in a year. Others seem to struggle to come up with one good idea in a decade.

Regardless of where you fit on the continuum, there is a very underutilized place you can go to get all the good ideas you'll ever need to keep you in business for a long time to come.

Go online!

In a previous post I talked a little about the importance of being honest with yourself as you undertake any business creation.

For the solo entrepreneur, especially (because you are the business), it is critical that you begin on solid ground - not taking anything for granted, not overestimating your abilities, time you'll have available for the business, or your customer market potential.

You can't afford to keep a closed eye to any one of the many business realities that can be evaluated up front before so you don't lose a lot of time or money traveling down a dead end.

By asking questions at the outset, you are forced into analyzing, researching, and evaluating the information at hand in order to come up with honest answers that will lead to your business being planted on solid ground.

Otherwise, you may cripple your business output at a later time because you ignored, or chose to "skim over" some critical details that might have influenced your decision to even move forward at the outset.

Here are a few ideas of some information business niche markets that I have seen on the Internet that seem to be popular and growing (in terms of the number of new businesses cropping up.)

Will you be stealing or be viewed as a "copycat" if you join in this business space?

Not at all, as long as you don't "borrow" other people's logos, web graphics, content, etc.

The reason there is room for others in this space is because most of these businesses rely on local marketing, word of mouth, and clients that will be in your geographic area. Many of these ideas are work-at-home businesses conducted solo on the Internet.

It's a nasty name, "swipe files," but it's an idea you should implement immediately if you haven't already gotten yours started!

If you're like me, you run across great little ideas and tidbits on the Internet every day.

But if you don't record that idea, or web site, or reference, or "how to" hint for later recall, you will have forgotten that even existed within a day or two.

If you've been involved in copywriting, direct ad creation, web site development, graphics creation, email headlining, and any number of other online business tasks, you've probably heard the term "swipe files."

That's kind of a nasty or unpleasant term, but the concept is smart and the results of you building such files will be significant as you venture into your new information business.

If you don't know what a "swipe file" is, or you're not convinced you need one (or several), read on.

Working for yourself often seems like the perfect solution for finding a way to earn a living and also enjoy some freedom of expression and the flexibility to set your own work schedule.

In addition, the idea of getting paid what you're worth and not having to share the profit of your own labors really appeals to many.

But before you dive into a solo business, you would do well to discuss the implications of being your own boss and "going it alone" with others that have already chosen this path and are actually making a living this way.

Their insights and advice will most likely do one of two things: strengthen your resolve to strike out down this path, or bring doubts into your mind about whether this type of business is really something that you will be happy and productive doing.

Often magazines and news articles about self-employment include tests or checklists that you can review to see if you possess the traits or qualities that are necessary to become a profitable business owner.

You might wonder how accurate such "predictors" are of future success.

My experience in studying a number of these tests is that results vary somewhat depending upon the audience polled and the skill of the survey designer and the results analyst. Nothing is black and white.

So are these predictors useless? Do they have any value to aspiring solo business owners? Here's my take:

Indicators or predictors are just that - they give us some clues about what might be - based upon probabilities captured in repeated tests. There are always exceptions and cases that fall outside the expected range of results.

In the previous post I suggested that there were some personality traits that were commonly measured (through self analysis testing) that seem to be indicators of the entrepreneurial mind set and qualities necessary for future business success.

I also cautioned that if you don't possess all these qualities, and still desire to begin a business venture, you should not be swayed from your decision on the basis of apparent lack of "the right stuff."

Some traits can be "learned" or acquired over time and some may not be quite so relevant to success in certain types of business that a solo operator may have chosen.

There are special challenges and unique rewards for married couples that create and operate a home business in tandem.

This kind of joint project can create new feelings of unity, togetherness, and working for a common goal that many couples don't experience in their hectic "do your own thing" lives.

On the other hand, business partnerships involving mates, if not handled properly, can also intensify negative feelings toward one another, add stress and pressure to a marriage, and drive a wedge in the heart of the relationship.

For these reasons, some couples would never consider working together in a small business, not wanting to risk possible clashes and avoidable irritations.

Anyone can choose a name. Anything will get you by. But the way I see it . . . why not find the very best name you can that will give value and meaning to your business?

Sure it will take a little bit of effort and some time to come up with the perfect name, but I can tell you that finding it will pay you great dividends over time.

Especially on the Internet, your business name sets you apart, defines your niche, and is the address that customers will be hunting for if your marketing reaches them.

So what's in a name? What considerations are important as you mull over the choices that you have? How do you find the best alternative available?

Does the headline of your sales ad or marketing piece really deserve 80% of the time you spend on writing the ad copy?

That's the suggestion of author Ted Nicholas, one of the all time greats in direct marketing.

He figures that between 50 and 80% of the sales generated in direct advertising are attributable to the ad's headline.

That's a pretty amazing statistic, but maybe not totally surprising given the way readers skim copy and jump from heading to heading.

Just a few years ago, if you owned a solo business and contracted your time and expertise out on an hourly basis, you probably called yourself a freelancer.

Maybe you were good at writing, or typing, or graphics design, or doing research.

Whatever the skill you possessed, you found you were able to hire your time out to others on an hourly or "per job" basis. It seemed pretty nice at the time.

Hopefully, you enjoyed whatever it was that you did because you were being paid to perform that function only as you were able to produce. Typically, the more hours you spent in someone's service, the more you got paid.

Most of the professional solo businesses that I am aware of have followed a very traditional model in how the business is set up and operated.

Most attorneys, doctors, counselors, and accountants design their practices around the way their predecessors did business before them.

They may decide to locate in a single office or they might opt for a group setting where several others of their practice get together to take advantage of a single building with a common reception area, staff of office assistants, and shared billing system, parking lot, and rest rooms.

Each professional is in business for himself, but his business only thrives as he is able to apply his trade.

He bills at an hourly rate, sees whom he chooses, and sets his own schedule, although his assistants really handle the appointments and flow of work throughout the day.

Every business begins with an idea. The idea may or may not be your own, but it will determine, to a large extent, the success of your business.

So it follows that finding a good idea, the right idea for you at this time and place, is paramount in your attempt to begin a solo business.

But how do you know whether you have a good business idea or not? How do you know that the product or service you will offer will be something that others will buy?

Maybe you trust your brother-in-law Harvey's opinion that "this business is going to revolutionize the future of every man, woman, and child living in the free world."

Information businesses that are created, developed, promoted, operated, and delivered over the Internet are "the perfect business" because the product or service requires no employees, no stored inventory, no physical packaging, and no physical delivery.

These businesses can be operated from anywhere around the globe with just an Internet connection and the proper business set-up!

But for these businesses to exist, the following conditions must be met:

Preparation for business success can come in many ways.

Some follow a regimented career path through college and possibly graduate school to learn the art and science of becoming a business owner.

Others choose to get their education from home study courses, books, tapes, and other media presentations.

Most businesses are started by folks that don't have formal training in business. The school of "hard knocks" is their educational backdrop.

Can you imagine the satisfaction, pride, and profitability you could enjoy if your solo business was something very extraordinary?

Most businesses online these days are comparatively bland. They sell products and services that are accepted by customers and the companies for the most part operate as mirror images of one another.

But once in a great while, a business elevates itself to the apex of its niche because it is so radically different and remarkable as to be incomparable and considered in a league of its own.

I remember vividly a debate carried on some thirty years ago in one of my graduate school classes that centered on the question of whether it was a good idea to encourage students to set up and operate for-profit businesses prior to their completion of formal education.

There was a very distinct minority that took the side of believing in student run businesses. I was not one of them.

I felt that education shouldn't be interrupted by business world training and pressures. The classroom needed full attention and focus at this critical time.

I was actually born about 40 years too soon.

If I were a teenager today I'd be busy creating a network of web site businesses that I'd set up to grow over time, that could be run mostly on autopilot, and that would passively generate growing income for me for many years to come.

I'd study and learn (mostly online) how to use computers to automate business operation. I'd carefully watch which online business owners were being successful and I'd try to follow their lead.

There's no doubt about it. The number one reason why people come to the Internet is to get information. They come to read the latest news, comparison shop, find answers to questions, communicate with friends and associates via email or voice, seek out entertainment, or play games.

Early on, the Internet was mostly a collection of free sites and information that anyone could access. Sometimes registration was required, but in most cases paid access was not even a thought of the web site owner. Why?

I suppose there are several reasons. The mechanism for charging customers was not generally available, people didn't understand that financial transactions could be done securely, and a range of software enablers were not yet available for things like secure shopping carts, real time authentication, and digital delivery.

Buying trends emerge online over time to give business owners, product developers, and marketers clues as to the kinds of things that sell and the strategies that perform best in putting the products in the hands of the customer.

One trend that many have noticed of late is the attraction of "simple and easy" with regard to online purchases. It seems that the public prefers to buy products that are easy to use, easy to understand, take little or no set up or skill to activate, and that are simple to maintain.

Why does this trend seem to be so prevalent? Is it that the population is generally lazy? Do we not have the time to worry about learning to use and care for things? Are there better uses of our discretionary time?

Creating and operating a new business can be an extreme challenge.

There are so many details to worry about, so many things that can go wrong, so many unknowns and variables in every niche market . . .

It is a daunting task to undertake such an unnerving challenge.

New businesses require huge amounts of time, owner effort, and uncommon commitment.

Some don't even begin to pay a return on the initial investment for many years . . . and others never do provide a return.

Small business is never easy.

I don't care what tales and stories you hear of entrepreneurs coming up with the perfect idea at the perfect time.

Most such tales are just that. Millionaires aren't typically created overnight and they don't automatically or magically appear when an Internet company goes public.

So to suggest that a great piece of entrepreneurial advice and wisdom can be boiled down into three tiny words is really heresy in many ways.

Often entrepreneurs and small business owners have a difficult time trying to keep from being "stale" in their businesses.

By that, I mean they struggle to come up with fresh ideas, new and unique products, and creative solutions to the problems and wants of their market niche.

Many feel that they must continue to sell the same old things they've always sold, that they have no way of being able to offer brand new services or goods.

One of the most overlooked steps in web site publishing, product creation, and article writing is the "chore" of first doing market research.

It's a chore to most people and therefore it is often neglected or shunned altogether because performing the research takes time, a certain amount of "know how" and definitely some amount of your precious time.

But the consequences of not first doing research are almost always negative and will certainly cost you time and money in the long run.

I'm going to give you the URL (web site address, in case you're unfamiliar with the term) of a great resource for brainstorming small solo business ideas. There are many other nice features and helps at this site, as well, so be sure to browse around and spend some time there when you have a few minutes.

There is an index with 27 main categories of small business ideas. You can click on any of those main links to be taken to a more specific targeted business idea. For instance, one of the main categories that might be of interest to a lot of home solo operators is one called "Arts and Crafts."

Clicking on "Arts and Crafts" will take you to a new page (two pages actually) that has an index of 74 (at the time of this writing) arts and crafts related businesses. Here are just a few interesting examples: art prints, belt buckles, charcoal portraits, coloring books, hand painted pots, lamp shades, mirror art, seashell jewelry, wall murals, wind chimes and wood carving.

I was going through some of my Internet business books yesterday and noticed a little red paperback book that I remember reading several years ago. I dusted it off and read it again.

It is a quick read - a little over 100 pages. I remember the conclusion of the book more than anything else . . . probably because I was so frustrated reading the book and waiting for the one bit of information that wasn't revealed until the very end of the text.

The book is titled: The Ultimate Success Secret. The author is Dan Kennedy. Many of you Internet marketers will be familiar with the name, if not the man himself.

Dan is a fairly prolific writer, speaker, and information marketing coach who is recognized in the field for his knowledge and grasp of what it takes to be highly successful at internet business. He commands a very high price for his consulting time - if you're lucky enough to catch him and drag him away from his crazy schedule.

I don't intend to give you a book review in this post. I just wanted to touch upon a few principles that I thought about as I re-read Dan's book.

Being a good solo business owner often means persuading or motivating people to accomplish tasks that you need to have done. Often, you just can't wait for folks to start a project on their own time frame. You need to have services and business execution happen quickly or you will lose money.

When you think about it, being a master motivator is not an option for anyone that sells products or services for a living. If you are a salesman, you by default, should be a good motivator so that your prospects will be "prodded" along down your purchase funnel.

Being a great motivator is also important in accomplishing the leverage you need in order to be successful at things like joint venture marketing, out-sourcing and affiliate selling. You must have the skill set that will allow you to "force" (not a good choice of words but it suggests more than just asking) prospects to join your email list, sign up for your web site, or purchase your products.

Last night was one of those nights that I absolutely hate! And as I grow older, I have them more often than I used to.

I got to bed at a decent hour, about 10:30 pm or so. I like to retire after the news so I can get a good night's rest and wake up early to meet the new day. I guess one would say I'm a morning person. I don't do well if I stay up late and work into the early morning hours.

I'm not knocking that lifestyle if it's yours ... I just do better getting up early in the morning than trying to force myself to stay up and think at night when I'm tired.

Anyway, last night was a terrible weather night here in Utah. The thunder and lightning were fierce and didn't let up until about 3:00 am. I had a hard time sleeping early on as the lightning flashes and thunderous booms would startle me each time I started to doze off. After an hour of similar interruptions, I got out of bed, went downstairs, opened the patio door (it was cool but not cold) and watched the stormy displays.

If there was ever a time to say "it rained cats and dogs" this would be it. This summer storm was much needed as our lawn has been burning up with the heat of this July and August so far.

Of all the things you need to pay particular attention to on your web site ... content is probably the most important.

Your business will be judged by your site's content. If it's remarkable, your business will be seen as remarkable.

If your site content is nothing but scraped or rehashed dribble, well, you site will be viewed in the same way.

Besides your content being "good" it also needs to be timely (updated often), targeted to the niche you have chosen, and of sufficient "uniqueness" that it separates itself from the content of other web sites in your niche.

Prospects and customers need to have a reason to keep coming back to your web site.

I came across some wonderful advice written by Benjamin Franklin hundreds of years ago. I thought I would share it with you today and also in the next post. There is so much wisdom and sound advice here.

I hope you can appreciate what he is saying.

Yes, I understand that times have changed and today's business world is much different than when Franklin penned these ideas.

However, the principles behind what he is saying still hold true.

Solo entrepreneurs would do well to follow this advice; especially his wealth-building ideas and his abhorrence of debt.

I thought today I would follow up with a few more of Ben Franklin's ideas about money and work. (Please see the previous post)

I have included a number of his sayings or quotes. All have to do with money, finance, debt, saving, work, and similar topics that are especially appropriate to entrepreneurs.

The solo business owner will find great wisdom in Franklin's messages.

Even though Franklin lived over 200 years ago, his advice is still prudent in today's business world. We all would do well to follow his suggestions.

I am a firm believer that anything can be sold online.

Granted, some types or products and services are a better fit for Internet selling than others; however, I believe that every business needs to have an online presence online.

If you don't believe what I'm saying, think about this: What product or service couldn't be marketed online? What business couldn't include their name, address, phone number, fax number, web site URL, and product or service description online? What business type couldn't advertise what they do online and benefit from it?

Sure, there are some businesses (like car sellers) that can deliver their product as a download or mail order item. However, product or service delivery isn't a prerequisite for an online business. There are still lots of other aspects of every business that can be conducted online.

I would be surprised if there are any major car dealerships in your region that don't have a web site.

Let's spend a minute and see what kinds of businesses thrive online. If we can identify these, they may be a great starting point from which you might decide upon a business niche to enter solo business for yourself.

Like many of my fellow Internet marketers, there was a time when I was very enamored with the thought of owning and operating a large PLR business.

It seemed like a great way to make money.

Other people did the work of creating products (mostly e-books) and all I had to do was gather them up, feature them on a large "catalog" type e-commerce site, and sell them to a hungry crowd of business owners looking for content.

Or so I thought ...

I purchased my share of digital resale rights products; and to this day, most sit on my hard drive collecting fairy dust because I never did get around to using them.

There are some notable exceptions, mind you, but that is a discussion for another day.

I love the PLR model of selling digital information. Think about how perfect it is . . .

Every solo business owner has a set of core principles or values that determine how his/her business is operated.

Some owners are very methodical and precise. Others tend to fly by the seat of their pants, so to speak.

No two businesses are run exactly the same.

But regardless of your methods and strategies, there are some very fundamental execution principles that all successful solo businesses seem to adopt.

Some business owners catch onto these ideas quickly. They learn them early on in their business career and adopt them as a daily method of operation.

Others gradually move toward these ideas through trial and error as they learn in their own business exactly what works and what doesn't.

Many times the experience of a newcomer to Internet selling is not what a business owner expects or wants.

Most often, new owners are surprised at the lack of sales they experience in the beginning of their web business career.

Selling online can be tough, especially for those that have no mentor or coach who can point out the usual pitfalls and obstacles to avoid.

Even then, markets change, demand for a product ebbs and flows, and niches get saturated with too many sellers.

More often than not, however, lack of sales early on is a symptom of one or two things that need to be fixed by the owner before he can expect success. Here is what those two challenges involve:

More than once I've been asked about the saturation of deep, focused, tiny niches.

It's a logical concern as business owners evaluate their potential for success, either in a new niche or in expanding into a different corner of their currently occupied market.

The reasoning goes like this: "I realize that I need to specialize - to drill down deeply into my niche so that I can focus very tightly on what I do best."

"But I'm worried that if I focus too narrowly, one or more of three bad things will happen: (1) I'll be so targeted in what I'm doing that there will not be a large enough pool of prospects to draw from to support my business; (2) the other businesses already in my narrow niche already have a strangle hold on most of the potential customers and I'll be playing 'catch up' forever; or (3) if I am able to compete in my extremely narrow focus, what happens when I've exhausted all the products and information there is to give my customers?"

Well, I have an answer for each of these concerns!