This is a very simple exercise that will help you make more money online.
The great news is, this exercise is easy to do and you'll get quick results.
If you want to increase revenue fast, there are two things to look at: traffic and conversions.
You may have awesome conversion rates, but very little traffic. Or plenty of traffic, and your conversion rate sucks. Know which is the case, so you know where to start for an easy boost.
We'll talk about that more in an upcoming post, but today I want to give you a simple exercise - a fun challenge, even - to help you get on the fast track to earning more money with your online business...
The key is to focus on the "money tasks" in your business. Do ONE thing every single day directly related to monetizing your site or blog.
It doesn't have to be a huge task that takes you hours (or days, or weeks) to achieve. In fact, I prefer to micro-task my bigger projects so they're easier to achieve.
Most people want to "eat the whole elephant" - or bite off more than they can chew. It's so easy to procrastinate on bigger projects, looking for that big chunk of uninterrupted quiet time where the creativity and energy are flowing freely.
Keep dreaming! For most of us that's a rare thing, and an easy way to rationalize putting things off. Just dig in and get something done - get anything done...
How To Make More Money Online (Simple Exercise)
Last year at the live Problogger Event, Darren Rowse gave a keynote speech titled "FROM LITTLE THINGS… BIG THINGS COME". You can view the slides and listen to the audio here (free). This is a screenshot of just one of his slides:
Darren challenges us to set aside just 15 minutes a day to focus strictly on monetization, or "money tasks" as I like to call them.
Note: There's a training session on Saturday you should check out.
There are so many things you can spend your time on every day - email, social media, writing content, tweaking your site or blog design, etc, etc, etc. But if you don't focus specifically (and consistently) on monetization, you're going to be investing A LOT of time for VERY LITTLE return. Which is not ideal.
This is something I do myself, and it's what keeps my online business moving forward and consistently making money. Try this exercise yourself for an entire month, even if you only set aside 15 minutes a day like Darren suggested, and do at least one thing every day that is directly related to monetization.
You'll be surprised at how those "minutes" add up, and how quickly you'll start seeing a return on your efforts!
Don't wait for that perfect day to spend the whole afternoon on a project. Break your projects down into bite-sized tasks, and consistently work toward your financial goals every single day.
I would love to hear your thoughts on this. Tried it, and seen results? I have! Feel like it's too simple to work? Struggling to monetize or improve revenue?
Everyone wants to make more money online, but a lot of people seem frustrated - so let's talk. Leave a comment below and tell us what frustrates you, where you're stuck, or where you need the most help in this area...
p.s. I understand that there's a lot to learn and a lot of information to wade through. I've been working online for more than 16 years now, so I've seen it all!
If you need help monetizing your business, improving your revenue dramatically, or even getting your online business started, I can spend an hour with you and get you moving in the right direction.
Better yet, join my Private Brainstorming Group and I can work hands-on with you for much longer - at a much lower rate.
While you're considering that, be sure to subscribe by email in the orange box below to receive free tutorials, resources, and creative ideas to make more money online...