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Business Model Mindset

Looking Back Over The Year…And 2011 Plans

As I review 2010 and make plans for 2011, I can’t help but get frustrated at myself for making some of the same exact mistakes I made in 2009. Do I really learn from my mistakes? If I did, why did I do things in a similar fashion and expect different results?

One of the main things I really wanted to conquer in 2010 was to *focus* on one project at a time and to get over feeling like I had to do so many things at once in order to reach my goals. But unfortunately, I didn’t learn and I had just as many plates (actually more)  in the air in 2010 than I did in 2009!

I CAN’T expect to obtain a good living online if I’m spreading myself so thin! At one point I had maybe five to eight different things I was working on. This is just not going to work for me. The bottom line is that I must give up the things that are holding me back, taking up too much time, and ultimately not rewarding or simply things I really don’t want to do. Even though I will be giving up income it’s necessary in order for me to move forward.

For me 2011 is about less is more and quality is better than quantity (especially when it comes to niche blogs). It’s about being decisive and committed.

Yolanda over at Paid in Passive wrote a great post with 27 questions to ask yourself. The following questions really made me think.

  • Do I actively work on my websites and/or online business ventures?
  • Do I have my eggs in too many baskets?
  • Am I all over the map?
  • Do I backlink enough?
  • Do I spend too much time on things that won’t make me money?
  • Do I jump from one website to the next without building the first one up to its fullest potential?
  • Do I have a solid game plan (or business plan) that I’ve actually followed through with?

Yes, I actively work, but do I actively work on the right things? Yes, I have my eggs in way too many baskets! Yes, I’m all over the map! NO, I don’t backlink enough (duh, and I expect what???)! Yes, I jump from one blog to the next without taking each page to it’s fullest potential. But it ends here, right now!

One of the main reasons I’m not making the type of passive income that I want is because I’m unfocused. Sometimes I feel like if I only focus on one way of making money that I’m missing out elsewhere. But that is actually my worse enemy. Imagine focusing all of your attention on one thing (like backlinking your money pages) hhmmm I wonder where I’d be 3 months from now? It’s OK to do one thing at a time until it reaches it’s fullest potential and then move on to the next thing. But first get that one thing profitable before moving on. That is what 2011 is going to be all about for me.

Going forward I am cutting out all other work that I do and I will only focus on my Amazon product review pages and my PLR shop. It’s time to create the type of money and lifestyle that I truly want from my Internet business.

I have to remember that the reason I started looking to make money online was because I didn’t want to be a slave to my work (something I actually became over the past year). I want to be able to take a few days (weeks or months) off and still make money. I know this is possible. So now my job is to increase the earnings that I already have coming in.

One of the reasons I created this blog is to help myself with accountability and to be able to look back on progress. Plus, I love meeting others that are in the same boat!

Here’s to an awesomely productive and focused year! I do not want next year to come and I’m writing the same story! Change happens now!

Stay tuned for my Amazon Challenge post #1.