{"id":731,"date":"2009-01-28T18:13:42","date_gmt":"2009-01-28T10:13:42","guid":{"rendered":"http:\/\/www.whoisandrewwee.com\/?p=731"},"modified":"2009-01-28T21:35:58","modified_gmt":"2009-01-28T13:35:58","slug":"one-key-concept-to-growing-your-internet-business-in-2009","status":"publish","type":"post","link":"http:\/\/whoisandrewwee.com\/affiliate-marketing\/one-key-concept-to-growing-your-internet-business-in-2009\/","title":{"rendered":"One Key Concept To Growing Your Internet Business In 2009"},"content":{"rendered":"<p>If you&#8217;ve attended any sort of time management, goal setting or time management class in high school or college, you&#8217;d feel that you might have been beaten over the head with the <a title=\"vilfredo pareto\" href=\"http:\/\/en.wikipedia.org\/wiki\/Vilfredo_Pareto\" target=\"_blank\">Vilfredo Pareto<\/a> bat.<\/p>\n<p>Originating as a study that showed 20% of Italy&#8217;s population held 80% of its wealth, the concept of Pareto Efficiency (also known as the Pareto principle or 80-20 rule) introduced the idea of efficiency into everything you do. It&#8217;s not just enough to work hard, you need to work <em>smart<\/em> too.<\/p>\n<p>Being (or wanting) to be a lazy affiliate marketer, it&#8217;s necessary to get a handle on this concept, especially if you want to hit your 2009 goals (it&#8217;s almost the end of January, you did set them, didn&#8217;t you?)<\/p>\n<p>So this is your brain and the stuff you can work on every day:<\/p>\n<p><img loading=\"lazy\" src=\"http:\/\/whoisandrewwee.com\/images\/blog0901\/90-10-rule.jpg\" alt=\"90-10 rule\" width=\"450\" height=\"321\" \/><\/p>\n<p>I&#8217;d go one step further to suggest that working in &#8220;internet time&#8221;, the 90-10 rule applies.<\/p>\n<p><strong>A merely 10% of your efforts are going to be responsible for 90% of the results you get<\/strong>, because of the vastness of the internet, the efficiency of technology like <!--more-->email marketing, PPC, social media and the fact that analytics and conversion tracking allow you to position with your marketing efforts with laser-like precision.<\/p>\n<p>The bottomline is that you can get by with a minimum of effort and survive at subsistence-level online income, or you can focus on what&#8217;s going to get your results and act on it.<\/p>\n<p>Let&#8217;s look at what WON&#8217;T get you your dream home, dream car or (fill in your preferred goal):<\/p>\n<ul>\n<li>Checking out your friend&#8217;s friend network on Facebook, LinkedIn, MySpace<\/li>\n<li>Reading forums for some new &#8220;trick&#8221; to try to add to your existing campaigns<\/li>\n<li>Answering email (unless it&#8217;s related to getting your payouts increased or getting into an exclusive offer while the network is testing it)<\/li>\n<li>Creating a prettier social network avatar<\/li>\n<li>Browsing Flickr<\/li>\n<li>Checking Twitter, plurk, friendfeed every 5 mins<\/li>\n<li>Watching youtube, metacafe, revver, viddler for &#8220;research&#8221; or &#8220;education&#8221;<\/li>\n<li>Doing keyword research and then doing nothing about it<\/li>\n<\/ul>\n<p>The key to getting what you want is to take <strong>aggressive action<\/strong>. It&#8217;s ok to do something and fail and learn from it. It&#8217;s another thing to come up with an idea, spend a couple of days working on it, possibly running a little bit of traffic to an offer and then deciding it doesn&#8217;t work and killing it before trying out some new trick.<\/p>\n<p>The fact is that persistence pays off. The guys who are more successful in the affiliate business and internet marketing in general are the guys who try more &#8220;stuff&#8221;, and conversely &#8220;fail&#8221; more too.<\/p>\n<p>If your chances of success in anything you do online is 30% (on a conservative basis) then it means that out of every 10 things you do, 3 will work. Or to reduce it further, one out of every 3 things you do will succeed.<\/p>\n<p>Given that logic, some will try one thing at a time and hope that it&#8217;s within the 33% success parameter.<\/p>\n<p>Still others will keep doing at least 1 or 2 new things each day and keep working at it, knowing that the new winner is just around the corner.<\/p>\n<p>&#8211;<\/p>\n<p>Knowing what you know up to this point, what&#8217;s your approach to 2009 going to be?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;ve attended any sort of time management, goal setting or time management class in high school or college, you&#8217;d feel that you might have been beaten over the head with the Vilfredo Pareto bat. Originating as a study that showed 20% of Italy&#8217;s population held 80% of its wealth, the concept of Pareto Efficiency [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[1769,1569,1766],"_links":{"self":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/posts\/731"}],"collection":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/comments?post=731"}],"version-history":[{"count":0,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/posts\/731\/revisions"}],"wp:attachment":[{"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/media?parent=731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/categories?post=731"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/whoisandrewwee.com\/wp-json\/wp\/v2\/tags?post=731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}