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Your Online Guide » Internet » Blogging To The Bank

[S1107]Study Guide For Business Law
by Balwinder Singh Riar,, Bal
One of the easiest things to do, when you do decide to give it your best and quit your full time job to blog, is getting lost in the newfound ?I have no boss!? feeling. But let me reign you back to the third rock from the sun for a while, and give you some tips on how to make it so you now don't fail.

Here's some of my quick tips and tricks for you.

Create a business plan, which includes step-by-step marketing ideas. This will be the blueprint for your business. Your blog is a business, so treat it like one!

Create a name of your business. On your site, always put contact information. Not only will potential joint venturists look for you, but also web site visitors.

Speaking about the name of your business, why don't you make yourself official and get a business name. You can file directly online at www.irs.gov for a tax ID (or an employer identification number). Check with your state government to see how to file a fictitious business name, corporation, or other entity.

Join a local organization, even if you have to volunteer your time, and especially in the topic of your blog. This is especially important if they have a newsletter that you can write for! For a $10 donation, I joined a local Korean-American organization called Ta-Ri (www.ta-ri.org), which put a link to my web site, mentioned me in newsletters, allowed me to network, and helped me network. Once in a while, I write an article for them, and I get free advertising for my web site. Word of mouth is still a powerful tool in the blogging world. I'll never know, but maybe I picked up a hundred loyal readers!

Gather up all the local, free newspapers. Although this may not pan out to any money, it gives you a lot of free advertising! Included in your by-line put your blog's web site address and your name. You get bonus points if you write about events from your local organization. Check the copywrite guidelines for these newspapers, because you could double dip and put up the article on your own blog, which will make you look good to your readers.

Join the local Chamber of Commerce. For a few hours per month, these organizations help you network. You may be surprised at how many people will visit your blog, or offer you a joint venture. At one such meeting, I was offered a regular writing gig, which really helped ease my mind (and provided me some extra cash).

Create business cards, and hand them out to everyone.

Always put your web site and your services at the bottom of every e-mail. You'd be surprised how many people will check it out.

Be smart and create your own bank account for your business. For the first few months (until money starts rolling in), don't spend anything except legitimate business expenses. Remember to attach your PayPal, Amazon Associates, Google Adsense, and all other freelance stuff to your new bank account.

Be honest with your books, and remember to write every single expense off. Don't spend any money unless you have to! Mean Uncle Sam will come to get you if you don't play it by the IRS rules. It takes some (ok, a lot of) self-restraint to not spend that hard-earned cash. My rule of thumb? Transfer 20% of that money to PayPal. Likewise, if you get paid via PayPal, keep it in there! That way, at tax-time, you aren't crunched. Your reward? When you file your taxes, you can count on that money in your PayPal account to pay your taxes, and anything left over is like a big tax refund. Yes, you will get a ?refund? ? you're taking 20% of your business income when you get to write off a bunch of stuff.

Remember what it was like to be a college student. In other words, don't live like a Mercedes when you have an income of a Hyundai. Act like a starving artist, because that's what you are, until of course, you aren't.

This is a serious, full-time job now. Even at the worst, most depressing times, I got up every working day (Monday through Friday) at 7:00, showered like I would for a normal job, and got dressed. My boyfriend finished off the basement to his house and gave me a desk and a nice chair in my new ?office.? Not only that, but you can now write off a portion of your rent/mortgage, utilities, and other household expenses (please check with an accountant before doing this). We even got to write off the cost of making my office.

Turn off the boob-tube. Don't even think about watching television during the day. The only exception would be if you need background noise to work. But be brutally honest with yourself. Are you turning it on to catch a sneak peek at the soaps, or do you really need background noise (and an occasional mind-break)?

Get a good night's sleep. Really, this helps.

Everyone dreams of putting up his own empire someday. While many would feel that this would take time, with the proper approach and resources, you can put up any business venture in no time at all. All it needs is the proper approach and resourcefulness and you are on your way towards joining the elite members of businessmen spread all over the world today.

They say that ninety five percent of people trying to get a business up and running on the internet will fail. That does not sound too promising does it? Why such a high percentage? Most likely it is because those 95 percent quit before they give themselves a chance to become successful. Some people may think that when they start an internet marketing business that they can just throw a website up and let the internet do the rest. That can not be further from the truth. Just like any other job or career out there, it takes a lot of hours and hard work to get the business up and running at a good pace.

The advantage of a business on the internet is that it is usually a lot cheaper than a brick and mortar business. You can stay home and work instead of having to go out and travel back and forth to a business out side the home. If you still have a job outside the home, an internet marketing business can be worked in around your schedule. Working on it part time may take a little longer to become profitable, but it is still possible. You do not have to spend money on advertising if you do not want to or can not afford to. Sure it may take longer but in the end it will be worth it.

So the next time you feel like giving up on your internet marketing business, remember it does not have to be expensive to run nor does it have to become a success over night. Remember the ninety five percent and try to aim for that five percent that make their internet marketing business successful and enjoy the life that comes with it. Staying home with family and making your own schedule.

What about training. Not everyone has that much experience. People fail because they are not given the training they need to succeed. Some opportunities assume someone will know how to do certain tasks when to someone new to marketing online doesn't have a clue. A person needs to have some training in order to succeed online. Even one with some experience could use a little guidance.

Plus Duplication. If a system cannot be duplicated by anyone who tries it with all there effort. Then it is bound for failure. Many programs out there are great for an experienced marketer to go out and succeed, but it is not easily duplicated by anyone who tries it. A system must to be able to be duplicated in order for someone to succeed with it.

Article Source : Pg. 16

About Author
Both Balwinder Singh Riar, & Jon Caldwell are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Balwinder Singh Riar, has sinced written about articles on various topics from . For more useful tips & hints, please browse for more information at our website:- . Balwinder Singh Riar,'s top article . to your Favourites.

Jon Caldwell has sinced written about articles on various topics from Beauty Tips, Careers and Job Hunting and Interview Questions. Jon Caldwell is a business man with vast experience. You can find most of his background and work at
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