Make Money Online – Goal Setting and Time Management
It’s the end of the year and time for many small businessmen and women to pause, take stock of their activities for the past year, and determine their course of action for the next year. Many of those in the home based business crowd take this opportunity to publicly account for their successes and failures. They make this into an opportunity to make further connections with their audience as well as a chance to motivate themselves to do even better in the future. They do their goal setting for the coming year – sometimes including their personal as well as business goals.
For example, Leo of Internet Marketing Techniques and Theories publicly wrote about his personal and business resolutions for 2010. He intends to move away from creating thin affiliate review sites to creating more value for visitors to his websites.
Another good example is Lis who wrote about her passive income goals for 2010 and also about her past and future experiments in time management for internet marketing. Those of you who have difficulty in keeping focus will find great value in reading her posts – she goes into the techniques she has tried and explains what worked for her and what did not.
In reading these posts on goal setting and time management, I was reminded of Dennis Becker’s 5 bucks a day system (affiliate link). The core of his technique is to start and complete a small internet marketing project every week which will make you $5 a day. It combines a way of thinking about your business, setting your goals and time management all in one. Although it is more of a philosophy and meta strategy than a concrete money-making strategy, I found the case study he presented (based on his personal experiences) to be particularly valuable.
If you are already making money online and successfully setting and completing your goals, the 5 bucks a day system (affiliate link) is not necessary. On the other hand, if you are finding yourself falling short of your income goals, or if you find yourself frequently distracted, then I definitely recommend reading Lis’ posts on goal setting and time management. If you feel the need for more detailed steps, then Dennis Becker’s 5 bucks a day system (affiliate link) will definitely be useful to you.
Has his goal setting and time management ebook been useful for me? To be honest, I have had mixed results. His techniques seem too simple … so simple that I frequently embellish it with unnecessary stuff. When I follow it closely, I find myself getting better results. But then I slowly find myself deviating away from it, and my results also slowly wander off course. Then when something prompts me to re-read his 5 bucks a day report (affiliate link) and I return to his system of goal setting and time management, my results return on track.