Why Being a Perfectionist Will Kill Your Productivity


If you tend to set high bars for yourself and always try to put your best foot forward to achieve your goals, your perfectionism could be killing your productivity. While striving for perfection can help you achieve great results, it can also prevent you from being your best and can foster a lack of productivity. Here are several ways the being a perfectionist will quickly kill your productivity.


Perfectionism Makes You Less Efficient


When you strive for perfection in the tasks that you do, even when you’ve completed the task, you will linger on to find new ways that you can improve. This lingering process might start off as a quick ten-minute process but can quickly escalate until you find yourself spending an hour or more looking for things to improve. This causes you to spend way too much time on a task that required and puts you behind schedule.


You Become Less Effective


As a perfectionist, you probably do little things because they seem like a good addition. However, you fail to consciously think whether those additions are necessary. Sometimes, those additions not only fail to add value but might even ruin things.


You Tend to Procrastinate


When you have perfectionist tendencies, you often wait for the perfect moment, which tends to overcomplicate a project. What is a simple task, might get blown out of proportion, to the extent that it then becomes intimidating subconsciously. This causes you to procrastinate on working on it because you are waiting for the ever “perfect” moment before you begin. Unfortunately, this perfect moment never happens until it’s too late.


You Miss the Bigger Picture


Since you are too hung up on the little details, you tend to forget about the bigger picture and the end goal. It isn’t uncommon to see better jobs in pruning the trees than the growth of the forest.


You Fuss Over Unfounded Problems


Most perfectionists tend to anticipate problems before then crop up and develop solutions to address the issues. It ends up becoming an obsession to pre-empt potential problems. Unfortunately, most of the problems that you envision never surface or they donÕt really matter as much as you thought they would.


While striving to aim for higher standards isn’t a bad thing, when the quest for perfection turns into an obsession, it will quickly kill your productivity. The answer isn”t to stop striving for perfection, but rather to be conscious of your perfectionist tendencies and manage them accordingly.

How To Start A Downline Club For Internet Marketing

The major problems online marketers face include how to build downline team, train and retain them in the various affiliate marketing programs. I am sure you can easily recall the widely held belief that there is 95% failure rate in internet network marketing. So if you can provide solution to these problems,you undoubtedly unlock a world of money making opportunity for yourself. Downline Club & Training service presents itself as a good business niche. The demand is huge. However, to make any meaningful progress ensure you have good knowledge of:

  • Internet marketing,
  • using online tools to build website,
  • site administration, and
  • Internet environment to locate other resources that may become necessary.

Here are some tips for starting the business:

BUSINESS STRATEGY

You have chosen a downline club & training as the niche.What are the service offerings for users? consider these: network building for multiple income programs, network/referral building for multiple traffic programs, comprehensive training in traffic generation, in-built email marketing system, your own affiliate program, create other benefits that will allow you retain users. For income you have two sources-your personal residual earning from marketing and profit from the ‘downline club’. The fee you charge for your service is a critical factor. Let it be affordable.

SOFTWARE

Having decided on your business model look for a software that can drive it.The life of the downline club will depend on the quality of software you use. Conduct a search for good scripts. Visit the sites to check out features of the software, and references on websites that are currently using it, the cost, etc.Compare all these to successful ‘downline clubs’ in operation.

WEB HOSTING

Choice of web host is critical to success or failure of the business. It is a good idea to ask the software developer for suggestion. Some software publishers usually indicate the type of server and such technical features suitable for the software.You may not know the overall technical competence of the web host, but prompt response to your enquiry may give you an indication of what to expect.Check hosting fee structure.Start low and upgrade as need arises. A shared server hosting service that costs $5 a month with good uptime and support service is recommended.

DOWNLINE CLUB NAME

After locating the software for use, you will need to come up with a name for the downline club. Write down the names that come to mind, but let them revolve around keywords that appeal to prospects. For example, DownlinePower, DownlineMagic.

DOMAIN NAME

Do a quick search for the availability of the names for your club, since you will need to register a domain in this name. Once you have landed on available name, register the domain; a dot com is recommended.

HARDWARE AND BACK UP

Your personal laptop or desktop will form the major asset, but since you have been marketing I suppose you already have one; just get back up devices with adequate capacity.

MARKETING

This is the time to apply your marketing experience to advertise. Start up free traffic generation methods that are productive include forum posting, traffic exchange, toolbar advertising, newsletter, articles and reports writing. This is not exhaustive, there are so many methods of free traffic generation. For paid traffic methods you have pay-per-click, ezines, etc.

PAYMENT OPTIONS

Some software are supplied with at least two pre-installed payment receiving interface, say PayPal and Alertpay. You just enter your account details, and it is ready. Add other options as necessary.

LEGAL STATUS

Your level of knowledge in business management, and available capital will determine the legal status of your business-Sole Proprietorship or Limited Liability Company. Consult a good lawyer to explain the benefits of each.

MANAGEMENT AND STAFF

It is a business you can manage alone, but it is safe to engage others either as shareholders or employees as soon as you can afford it. Remember you are starting something that you want to outlive you.

CAPITAL

I am just going to be suggestive here. For a person with small capital I will look at the unavoidable areas: software acquisition $300-$400, web hosting $60 for I year, payable monthly or yearly, domain name registration $10 for I year. So a capital level above $500 seems reasonable. This assumes you plan to handle marketing yourself using free resources, and meet other costs from ancillary sources.

Well, this is how brief I can be. Giving you a step-by-step guide will make this article boring. Welcome to the world of online business entrepreneurs.



Source by Victor E. Eduoku

Advertising Revenue Sharing Programs – Why They Are All Doomed to Fail – Warning For All

During the past few months of my working from home programs experiment, naturally I receive endless emails from people trying to recruit me into their programs.

One type of program that I have come across very often is these Revenue Sharing Programs. If you don’t know what that is, usually it is some sort of a website that offers advertising and/or traffic exchange. You can join for free and surf for credits which in turn get your website displayed to the other users. However, if you don’t pay any money into the program you won’t get any money out.

Normally what happens is you can pay in a certain amount of money, anything from $10 up to $1000s or even unlimited. You then surf the required amount of websites that week and at the end of the week you receive a certain % on the amount you paid in. For example if you paid in $100, that week might have a 10% payout thereby earning you $10. You can then continue to surf every week and theoretically get $10 every week for the rest of your life. If you want to make more than $10 per week you simply pay in more money. eg if you paid in $100,000 and did the same surfing, and 10% was the payout amount you would theoretically earn $1000 per week just for surfing a few websites for a few hours.

Because of this simple way to make money it draws in a lot of people looking for a better way to get a good return on their investment. Especially with the banks paying such paltry interest rates.

Another way in which you can usually make money with these programs is by recruiting others to join you and do the same thing. Most pay you about 15% commission rate which can be great especially if you recruit someone who is serious and perhaps pours $100 or more into the program (landing you $15 or more in commissions).

This creates a viral effect and causes the memberships of these programs to grow very quick. It is this growth that is KEY to the business’ success but it is also this growth that is the cause of their downfall, let me explain.

The common problem with any online business, especially new ones, is people don’t believe. There have been too many scams out there so everyone is naturally leery that the next new program is a scam. So when a new revenue sharing program opens people join as they always do and just pay in the minimum $10 to see what happens. They do their surfing and get their $1.50 per week or whatever which builds their confidence, so they decide to risk a slightly higher amount say $20 or $30. This process continues and the program continues to pay everyone on time.

This in turn increases everyone’s confidence in the program so they tell their friends and family who do the exact same thing and those friends and family also do the exact same thing.

But one needs to stop and think, what is ACTUALLY going on? How can the company afford to pay out incredible 10-20% per week returns? The answer is they are just paying you back the money you have already given them.

Take for example someone who pays in $100. If they receive 10% per week payout, then it takes 10 weeks for the company to pay back the entire $100 to that user. It isn’t until the 11th week that the company is now losing money on that user and in turn that user is finally making a profit. However what tends to happen is the user gets confident that the program is working and before the 10th week arrives they have already poured more money into the program in order to get more money out.

However, some users are smart and wait until they are in profit before pouring in more money. So how is that possible you ask? The profit that the 1 user gains is simply coming from the other users who have just joined and are maybe on their first or second week etc. This is where the growth factor becomes key for these programs survival.

Therefore, it is just a “rob Peter to pay Paul” set up. Unless there is some sort of money coming in from a different source, then the company is just using your own money to give back to you. There is no REAL actual profit anywhere.

You have perhaps heard of Ponzi Schemes? If not do some research on what a Ponzi scheme is. These advertising revenue sharing programs are just that. The difference is these are completely legal. Why? Because they give you something for your money. A Ponzi scheme is illegal because it’s just “invest in me and make a return every week”. The advertising revenue schemes never make any promises as to whether you will make money or not. They never use the word “invest” as that would be illegal. When you pour money into them you are buying advertising. The revenue sharing aspect is just a bonus which they can stop whenever they want with no legal ramifications.

This is perhaps what people take for granted. Past performance is by no means and indicator as to the future. If you decide to join one of these revenue sharing programs then be sure to join with the idea of buying advertising. Assume any money you pay is gone forever. NEVER approach these schemes from the standpoint of trying to make a profit or you will fall into the trap and lose a lot of money.

However, if you are determined to make money from these programs then my advice to you is get in early and pay your big lump sum in early. Of course in my opinion this is far too risky, perhaps even stupid, but the only ones who make money in these programs are the ones who get in early. They all tend to do well for a few months or even up to 1 year so long as the membership numbers are growing. However, once the new member sign up rate slows down, that’s your sign that it’s time to bail. With these programs however “bailing” is impossible because you can never ask for your money back.

Remember, any money you pour into the company (by buying advertising) you can NEVER ask or get back. If you pour in $1000, that’s it. It’s gone. You can’t email and ask for it back because it wasn’t an investment. That $1000 bought you a non-refundable product i.e. advertising. That’s what makes these revenue sharing schemes completely legal, and that’s also what makes them extremely popular. New ones pop up as soon as old ones shut down.

This is exactly what happened with a company called Adventures4U. A few months ago I received tons of emails from people raving that this was the greatest thing ever. They paid consistently every single week, each time giving a 7% cash return and 7% re-investment. People were pouring more and more money into this program as it had a rock solid reputation and their membership exceeded 60,000 members. Then all of a sudden the revenue sharing aspect of their program stopped. I personally know one member who poured in about $10,000 however he did this very early and overall made a profit of a few thousand dollars. But stop and think where did his few thousand dollars profit come from? It came from the pour souls who lost money believing in the scheme. Therefore, one man’s profit is another mans loss. Do you really want to be a part of that?

I had many friends encouraging me to join and benefit from the “cash train”. I refused and even wrote an article on my blog warning people of the dangers. Of course no one listened as they had “faith” based on the past performance. Then, BANG! No warning, the revenue sharing plug was pulled. Now Adventures4U still stands but it’s just an advertising portal, no revenue sharing. Many people made money from it, but many more lost.

However, legally speaking they didn’t lose anything as they still have the advertising credits they bought. No one has any right to say they were scammed because legally they weren’t. The company offered advertising and that’s exactly what they provided. However, people are people and in their mind they were scammed as they expected the revenue sharing to go on forever.

Oddly enough, the very next day after Adventures4U pulled the plug on the revenue sharing, lo and behold Adshares4U opened their doors offering the exact same system. Here we go again?

I urge one and all to be smart.



Source by James F Andrews

Ten Time Management Tips – A Must Read

Everybody tends to lose time when working at home on their Internet Business. If you manage your time well you will be productive and also be able to free up extra time to spend doing the things you like. Often you can be distracted when reading your email and following links to other websites and also on Social Networking sites. With a few tips you will be able to manage your time and focus on the things that are important. Utilising the Peratos rule of 20% effort for 80% reward.

So to the tips:

Tip 1

Define Long Term Written Goals

This will help you focus. Often it is our mindset and our desires that keep us moving forward. Once distraction hits your level of productivity lowers and you find you are putting in 80% time for 20% reward.

So First define your long term goals and then develop smaller steps to help you get there and also to stay on track.

Tip 2

Delegation of duties is a time saver.

Work out what steps you can delegate. There may be parts of your business that you can outsource such as article writing, traffic exchange surfing. I get my kids to do this for me. They love it and it saves me money.

Tip 3

Don’t make your daily and weekly lists that long that you never get through them. Leave times for things that are not planned for. Murphy’s law will always present something that will suck up your time.

Your stress levels will suffer if you are always trying to squeeze too much into too little time. Your family will also suffer believe me.

Tip 4

Eliminate or Minimise Distractions.

Distractions are everywhere when you work from home. Try to do your work when there is no one around to distract you. 1 hour of uninterrupted work will achieve so much more that 1 hour or even 3 hours of work with distractions. Put the phones on answering machine and lock yourself away. I usually achieve more when the family are still in bed in the mornings and I am bright eyed and bushy tailed.

If the only time you get is when the family is at home explain to them that if you need some space and make sure you are done in an hour.

Tip 5

Do not keep putting the large difficult jobs off

Look at the Big Jobs and see if they can be broken up into smaller tasks. Do a few of them at a time and make sure you do it when you concentrate the best.

Tip 6

Arrange your work space.

Your workspace can be both your desk and your computer. These can both get cluttered.

Have the links you use often handy. Sites used the most bookmarked for easy access. Your desk should be tidy with things you use often kept close and handy.

Most importantly Keep those Social Networks closed until your work is done

Tip 7

Try to find a way to combine tasks.

In everything we do we duplicate the same task eventually. Combine these duplicate tasks to save time and also money.

I download audio tutorials on my iPod and listen to them while I am exercising.

Tip 8

Follow the one touch rule. This is dealing with the task at hand when it presents itself. Only handling a piece of paper once. Deal with it or trash it. This is also very necessary with email.

Tip 9

It is a good idea to do a daily work log if you find you are starting to get distracted. Write down you achievements for the day and then check this log to see if you could have done things a little differently. It will also help you define a work pattern where you can join like tasks and further optimise your time. Identify those activities that are bringing greater rewards and spend more time on them than on those activities that do not get results.

Tip 10

Set aside some time to learn.

There is always room for growth. Personal growth is always positive to your well being. Take some time out to learn more about yourself, your business, and how to manage your stress and health.

I find my mind likes to stay active and I am always learning something new everyday. This process may just involve taking a step back and analysing you business and learning from your mistakes to listening to self improvement tapes or doing courses, seminars etc. All knowledge is good and they say Knowledge is power.

I download audio tutorials on my iPod and listen to them while I am exercising..

So your task now is to get yourself organised and then you will start to reap the rewards.



Source by Jenelle Livet

Voip Softswitch 101 – VOIP Elusive Backbone Explained

Throughout the early days of voice over protocol, Voip softswitches have become the most crucial element of this communication technology, which serve as the key enabler of Voip transmission service delivery.

Voip Softswitch is by no means a straightforward out-of-the-box switching gear. It is a system which comprised of multiple single elements that adds to the overall functionality of the whole Voip backbone.

There also multiple add on supplementary tools which create greater functionalities of a given Voip softswitch. Since the principle function of signaling and media control is the same for almost any types of Voip softswitch, you can compare different types of such devices from different vendors by supplemented add-ons they come with.

The Voip softswitches have been the key enabler for Voip switching technology as well as the driving force behind the IP telephony industry. As such, to keep up with the demands of increasing support as well as the need for ways to drive down cost, it’s pretty encouraging to see how Voip softswitches has evolved into a profitable revenue-generating tool on a carrier network.

[+] Optimal Network Management

Most carriers need to keep their cost low and margin as high as possible in optimizing their traffic exchange. These Voip softswitches come into picture with its intelligent routing capabilities which are based on their cost to quality ratios, load and other criteria in real time. Such tools are known to bring forward a profitable margin of 30%

[+] Variety of business models

One business model generated from these Voip softswitches is by offering Voip exchange services, where potential customers may buy or sell telephony minutes from multiple Voip providers.

Another viable business model is leasing Voip softswitch partitions to Tier 2 and Tier 3 operators which do not have their own Voip infrastructures in place. These small operators may use the leased softswitch capability to resell minutes to customers.

Today, Voip softswitches have become the important part of Fixed Mobile Convergence (FMC) scenarios. This can be seen by the increasing number of mobile service providers who are offering cheap Internation Long Distance (IDL) calling.

The convergence of the wireless and wireline domains has opened up a new and exciting ways to serve to the Voip customers where the use of Voip softswitches has paved a way for further development of new IP based services.

Additionally, carriers will continue to use softswitches to maximize the efficiency of their networks today and will definitely rely on them as the FMC has brought a new wave to the Voip market tomorrow.



Source by Mike Houstan

Avoid the Opportunity Trap

Picking a business opportunity seems relatively trivial on the web. The amounts of money are generally not huge indeed some of them are effectively free; the provider has other ways of getting paid. However, pick the wrong opportunity at the start and you can pretty much write off your web future. The reasons: you lose time, your energy level drops, and your emotions play havoc with you. The vast bulk of people simply drop out leaving their dreams on the mat. But it doesn’t need to be so.

There are 7 Rules for picking an opportunity

1. Is the supplier reputable? Is it a scam? In the offline world, there are all kinds of ways of assessing whether a business is a scam, on the web it’s not so simple. Check out the opportunity on the scam sites. But even quicker – if you are a member of a traffic exchange and you try to advertise the opportunity you will find out almost instantly if it’s a scam. The other members will tell you in no uncertain terms!.

2. What is the nature of the business? How do you make money out of it? How complete and sophisticated is it? Is it an affiliate opportunity, network marketing, MLM, or what? In some cases it will be a hybrid of different things: Empowerism is an email business, with MLM and network marketing at its core and a couple of investment vehicles thrown in. Plug-in Profits is an affiliate marketing business using MLM opportunities and residual income thinking. Try hard to understand it before you buy in.

3. Can you explain it in simple terms? The absolute best businesses are very simple at core. Try this. Imagine you have to explain what you are doing to your elderly mother – or grandmother. She is going to tell her friends about it and you’d better get it right! So your e-book business: “I write “How to..” books and sell them over the Internet”. Your gambling site: “I run a casino on the internet”. Your affiliate site: “I sell products (specify theme) on the Web”. Your network marketing opportunity: ….well you get the idea. The aim is to get the statement very crisp and clear so that you know what you are doing! If you cannot squeeze it down (“I sell second hand golf balls to …. across the web”), then you probably don’t understand it or it is too complicated. You certainly will not be able to explain it to your customers!

4. Does it fit your personality? Can you generate a passion for it? If you’re in business strictly to make money, you may succeed but the chances that you won’t are very high. Businesses that are in it for the money tend to chase the latest ‘big idea’, they get unfocused, confused and become unprofitable. Select something you care about and remember the rule “You care about something when your mind returns to it in idle moments”, this will help you decide if you really care.

5. Can the organizer make money out of it? Is it stable over the long haul? There are few things worse than investing time and energy in an opportunity that is going to die. Ask yourself if the opportunity generates money for the seller: this seems silly. You are often paying to get into something. But a one time payment for a business opportunity is rarely a recipe for long term stability. The seller should be driving long term income from it: classics are hosting fees, affiliate fees and royalties from compulsory products, upgrade fees and so on. Ask yourself how they are going to stay in business. If the answer is not obvious: don’t touch it.

6. How does it make money? How do you make money out of it? How much? What are the projected returns? How certain are they? The question to you is how much you, specifically, can make with your skills, time and energy? A high yielding investment program may ‘guarantee’ 12% per month – until it collapses. An affiliate mall may make nothing unless you are very active in promoting it. What experience do you have in doing something like this; can you be sure of earning anything? Or is this a learning exercise?

7. Can you afford it? Does it require investment? If so, how much? What are the exit costs? I have left the money angle until close the end, because for the vast bulk of web opportunities the money investment is not high. If you are going into a network marketing opportunity you may have to invest $2,000 to $5,000US in inventory and other stuff, but most businesses are tilted to folk with very few financial resources. Additionally, in many business opportunities the costs are monthly, so they are spread out and in theory you can pay them out of profits. The true costs tend to come in generating traffic. However, that said, no web business is free and you should be prepared for low thousands of costs (even if paid out of profits) if you are trying to build something significant.

The last thought…be brutally honest with yourself. Are you serious or a hobbyist? With the web becoming more professional, hobbyists mostly don’t win.



Source by Michael Kay