Hey, Henry here,
It’s been an exciting 15th week…
My mentor Dean Holland opened the registration to Internet Profits Live 2020 Partner event happening in London in February next year and I quickly grabbed myself one of the few tickets that were made available.
The venue of this live event is very symbolic. This is the same hotel where ten years ago, Dean at the invitation of his first mentor, Alex Jeffreys, attended his first live event that changed the course of his life for the better after struggling for many years without making a single dollar online.
This is a life-changing event where I will get to meet in person, Dean with his team from InternetProfits and my fellow Certified Partners, and I cannot afford to miss out.
From this week’s coaching session, I learned that in the formative stages of your online business, you may feel like the progress you are making is not commensurate with the hours you put in the business.
Most of us feel like we should be further ahead than where we are. This is often as a result of comparing ourselves with others especially those who have achieved more success and faster than us.
This then begs the question…
How many hours should I spend daily on my business?
According to my mentor at InternetProfits, Dean Holland, it’s not the number of hours you put into the business that will determine your success.
I know this may sound counter-intuitive because we are all conditioned to work hard at school, at work, and in business, and all these involve putting in a lot of time.
It’s what you do in the time you have that will reflect in the results you produce. If you are highly disciplined, you can achieve massive results with less time put into the business when you focus on the right activities like capture, traffic generation and follow up with your subscribers.
You need to have a structure that creates predictability and helps you perform at your best. The structure involves scheduling the time to be spent in the business, for example, 2 hours per day.
The exact times should be included, and this should be broken down into actual activities to be undertaken within the allocated time.
This is all planning before you get down to work and this simple exercise will set you apart from the majority of people.
Do an honest thorough study of your time on the computer and record it for at least 7 days. At the end of each 60-minute time block, write down what you did.
Include both productive and unproductive activities. Do this for every hour you are on the computer.
You will start identifying patterns. This will help you to know your online habits.
Productive use of time may include emailing your list and attending coaching calls, whereas unproductive uses may include aimlessly scrolling on Facebook.
You will easily distinguish between income-producing activities and non-income producing activities.
Being on live coaching calls will not put money immediately to your bank because it is not an income-producing activity but it supports you to produce better results in the long term, hence should be classified together with other income-producing activities like creating follow up emails, posting ads on Facebook.
Planned vs Actual
You will then compare what you planned to do with your time and what you actually did with the time.
The more the time you spend on income-producing activities the sooner you will see better results.
There is a difference between putting in the time and working hard and working smart. Your main focus should be on the latter.
Ask yourself if there is a way that the results of the next week can be improved based on the lessons of the past week’s time study.
If you can make small incremental improvements each week and then each month, you will get better and better by getting more out of what you are doing.
Focus your efforts on the right activities
When you want to achieve greater progress faster, you need to discipline yourself to spend more time on the right activities that produce results.
In the formative stages of your business, the scales are tipped to learning more than doing the actual implementation.
However, this changes as you gain more experience in the business. More efforts are now geared towards the implementation of what you have learned. Don’t get stuck in the learning process.
Be open to adapt and don’t beat yourself up when other things beyond your control come up and disrupt your schedule. Be flexible but ensure you reschedule your time to recover the time lost.
In the beginning, you will put in more time as you establish your online business. Eventually, you get to a point where with a small amount of time you can manage your business, and leave yourself with enough time to spend with family doing the things you love most like traveling.
If you wish to learn more about being a Certified Partner at InternetProfits Partner program Click Here.
In the coming week…
I will continue with blog hopping, attending coaching calls, implementing recommendations thereon and sharing on my blog what I have learned.
As always please share your thoughts by leaving your comment below.