
So, our first week back in business of 2011 and I must say it has been very productive! Several to-do’s that have been on my list for some time now (you know the ones, the kind you should to do but put off because they are not as important as others!) got done! Our accounts are up to date thanks to Wifey, and we touched base with pretty much all clients / projects following the festive vacation! All in all a great first week back in the office!
Running and owning primarily a service based business (Tidy Design) our money is made by charging clients for the time we spend doing work for them! Ok, this is great because our growing client base allows us to work a 9 to 5 week, thus generating enough income to pay wages etc, however we are still limited to the physical hours we can work!
Having worked some shitty jobs in my past I am truly grateful to be where I am right now! Ok, you could argue I am working yet another weekend / evening or I am unable to switch off sometimes, however this high-octane life we call ‘business’ is something I personally enjoy! If you do something you enjoy then you could argue is it really work?
I know typing this blog post on a Saturday evening will not make me a millionaire over night! However, spread regular blog posts out over 12 to 24 months and they will really boost a sites search results with Google, Yahoo and Bing… The knock on effect being overall improved SERPs (Search Engine Result Pages) and lots more lovely readers!
It is no secret; throughout 2011 I aim to blog a lot! As well as this I will be focusing my time and energy on increasing the number of products we sell in comparison to services… As much as I love web design and the bond Tidy Design has with several of our clients, the fact is we can all only work so many hours a day! A service based business is often limited to the man hours you have available! My plan is to create several high ranking blogs that charge companies for add space (or offer sellable products we develop), in theory allowing us to make money whilst we sleep! If you want to be successful then don’t sell your time by the hour, instead do an hour’s work and make sure that work continues to earn you money!
So what is the smart approach to making money, and can you really put this into a sentence or paragraph for all to read? I personally avoid all ‘Get Rich Quick’ schemes like the plague! What I have learnt in the very short time I have been in business (about 4 years now!) is that there is no such thing as a free lunch! Everything in life and business involves some kind of long term planning, detailed preparation and lots of hard work!
My theory on a smart approach to making money is to find a comfortable balance between products and services… Don’t rely completely on say ‘new business’ or ‘selling your time’… Why not incorporate repeat business into your company so you can re-sell a service / product to your existing clients… Offering value is also VERY important for any business, make sure what you give customers is worth every penny!
So how can you generate income from delivering value? Well, if you can truly create and deliver value to your clients then opportunities will literally jump out at you! Real value is something we all search for, recession or no recession! If you can incorporate this value into your brand, then you should find your brand selling itself through word of mouth and reputation!
So to conclude… Although money opens many doors and creates opportunity, if you focus all your energy into making money, you may find a long and lonely road ahead of you! For me, the smart approach to making money is doing something you truly enjoy, something that inspires others and offers real value to all involved! This way, even if you don’t become the next Warren Buffett, at least you had a fun journey!
I would say create the brand, incorporate some real value, work hard, develop your services V products and then the money should come to you! I hope you found some value within this article? You will find lots more information on business, investments and internet marketing in our ‘Personal Development’ area… Membership to is a one off fee of just £20!
Please feel free to post your comments and feedback below as I would love to hear your thoughts on this subject.