I know what you mean and this is kind of how I've always been focusing my projects as well. Thankfully I don't do much client work or anything so I'm not in a bad situation in that sense, but other than that I think I get your point.
How to Focus On One Thing When Your Income Comes From 7 Places?
- Thread starter EricVonDoobie
- Start date
I know what you mean and this is kind of how I've always been focusing my projects as well. Thankfully I don't do much client work or anything so I'm not in a bad situation in that sense, but other than that I think I get your point.
Already tried this. In fact, I tried 5 "places" 5 days of the week and still found it fucking impossible.
Good advice man, and I love the 20/80 reference. That whole 20/80 thing is what's been driving me to do all this shit actually (i.e. trim the fat, focus, scale, etc.)
This is a huge challenge for me. I have 5 different corporations/LLCs in 3 pretty broad industries. My accountant hates me. My wife cannot explain to herself or anyone else what I actually do all day.
I was hoping for more usable advice in this thread. Here is some things that I am trying to master.
1. Focus on your highest and best use
2. Do the most beneficial tasks first (no matter how hard they are)
3. Delegate everything else
4. Once you had your nut covered, start putting more effort into the passive/long-term business models.
5. Once you get burnt out do something else for a while
I was hoping for more usable advice in this thread. Here is some things that I am trying to master.
1. Focus on your highest and best use
2. Do the most beneficial tasks first (no matter how hard they are)
3. Delegate everything else
4. Once you had your nut covered, start putting more effort into the passive/long-term business models.
5. Once you get burnt out do something else for a while
I think when people say you should focus on 1 thing at a time, they really mean you should focus on 1 MARKET at a time. If your market is health, it'd be smart to have an authority site, an iphone app, some aff sites, some tools, a forum, an email list, etc...
The thing I've learned about marketing is that it's all about mastering a market itself and learning everything about the customers in that market.
I'd say it's smart to build an SEO authority site first (full immersion into the market, you'll learn tons and make money doing it - plus you can sell it and it's worth something). Then once you have a site you can run PPC (need a real site to play with Adwords anyways). And once you have a site and some PPC campaigns running, you'll have learned so much about the market and customers within it you can start media buying, making apps, or whatever else helps you bring in traffic for your market.
My 2c
Edit: Also, SEO and PPC go hand in hand. I don't understand people who do 1 or the other... because that is fucking dumb as fuck. I could understand doing PPC and forgetting SEO, but I can't imagine doing SEO and ignoring PPC.
The thing I've learned about marketing is that it's all about mastering a market itself and learning everything about the customers in that market.
I'd say it's smart to build an SEO authority site first (full immersion into the market, you'll learn tons and make money doing it - plus you can sell it and it's worth something). Then once you have a site you can run PPC (need a real site to play with Adwords anyways). And once you have a site and some PPC campaigns running, you'll have learned so much about the market and customers within it you can start media buying, making apps, or whatever else helps you bring in traffic for your market.
My 2c
Edit: Also, SEO and PPC go hand in hand. I don't understand people who do 1 or the other... because that is fucking dumb as fuck. I could understand doing PPC and forgetting SEO, but I can't imagine doing SEO and ignoring PPC.
lol.
Don't put all your eggs in one basket.
This is to be interpreted as not focusing all your sources of leads/sales/whatever from one place, in your ONE business. Not, start 5 + businesses.
Investors do this as a means of risk management. Venture capitalists do this for the same reason. Investors have capital. Entrepreneurs don't.
Find where your time/profit is greatest, and tweak that. Split test, etc, etc.
Don't put all your eggs in one basket.
This is to be interpreted as not focusing all your sources of leads/sales/whatever from one place, in your ONE business. Not, start 5 + businesses.
Investors do this as a means of risk management. Venture capitalists do this for the same reason. Investors have capital. Entrepreneurs don't.
Find where your time/profit is greatest, and tweak that. Split test, etc, etc.
