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Work Hard For My Money

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Most people will work hard for money if properly motivated. Though it may help, more money is not the key to making your employees more passionate. It is a myth to think that you do not need passion if only you have good staff and pay them well. It helps to have good people and to pay them well. However, passion needs to be embedded in a cause that the people can buy into. This will spur the employees on as they can grasp something out of this cause. It is not just about money. People simply would not follow someone for long if he is not chasing after a big and worthwhile dream.



Thus companies need to provide a deeper meaning or purpose to life for their employees to unleash their fullest potential. If the employees find a meaningful cause for what they are doing, many will be passionate and some will die for that cause. People through the ages have demonstrated this intrinsic desire to die for one's beliefs whether they are religious, political or social. In the same vein, good organisations are those that are great at rallying people around a lofty cause. And the magnitude of this cause can even turn into a crusade.

The Indian born founder of Hotmail Inc, Sabeer Bhatia could only offer a cause to the people who join him in starting up Hotmail. He could not afford to offer them any salary. Many of his people continued to join him because of their faith in his project and the potential of the Internet. They had no goals for immediate monetary gratifications. Today, as a result of the huge success of Hotmail, the people who stuck with Sabeer have struck it rich. Sabeer Bhatia was able to turn the cause into a crusade with cult-like fanaticism. He was able to command the full dedication of his followers.

If what people do on the job is placed in the context of a good cause such as improving the quality of life, contributing to the betterment of mankind etc, the impact can be dramatic. Barnevik, the former chairman of ABB Brown Boveri, says that he is motivated by a desire to create a better world by generating employment thereby making the world more livable with clean energy and transportation.

For Branson, too, social concerns are an important concept of his corporate philosophy. On many occasions, he has put his money where his mouth is. For example, Virgin produced low-priced Mates condoms in response to the AIDS crisis. He also bid for the national lottery franchise in the UK with the promise to donate all the profits to charity.

The CEO of BP, David Simon has said that environmental protection is a significant corporate cultural value: "We have an action plan in which 50,000 BP employees participate. Our employees have hopes for the world and for their children." Some environmentalists concede that BP is at the forefront of multinational organisations taking global warming seriously. Anita Roddick, the founder of The Body Shop has also built a successful business that respects nature, animals, people and employees.

When your staff firmly believe in the company's cause, they will go beyond the call of duty.
Work Hard For My Money
You Work Hard For Traffic ? Get It To Convert

Getting your traffic to convert first requires that you understand a few parameters. To have a clue regarding how you are doing, you need to understand server statistics and conversion ratios.

I am continually amazed at the number of sites that do not look at their server statistics. Your server stats are incredibly important because they tell you how many people are coming to your site, where they are coming from, how they found you, how many are turning into customers and, if not, what pages they are leaving from. Without this information, you are just guessing at how well your convert traffic. Don't!

Once you start looking at server stats, you need to determine your conversion ratio. The conversion ratio is the number of sales you get per visitor to the site. Importantly, it is not the number of sales per hit. A visitor may generate multiple hits, so just focus on visitor statistics. Some stats programs refer to visitors as ?sessions.? Regardless, conversion ratios vary by product or service. Some may be as low as 1 in 25 visitors while others will be much higher. If you convert at anything over 1 in 500, the site probably needs some serious tweaks unless you are in an extremely competitive or general market.

Making your convert is all about providing a convenient solution for your prospects. You should review your site from this perspective. Is it easy to find and buy a product or do you have to click through four or five pages? Make it as simple as possible.

Advertising links can cause poor sales. Many people make the mistake of having their advertising link to their home page. If your advertising refers to a specific service or product on your site, the advertising should click through directly to that page. Never make your prospects hunt for what they are looking for on the site. Many of them will not do it.

As strange as it may sound, the load time of your site can kill your sales. Remember, 40 percent of Internet users are still on dial-up modems. While your site might load quickly when you look at it on your cable, T1 or DSL connection, how does it do on a 56k modem? Don't guess. Go find one and try to load your site. If you have a lot of graphics, you are going to be in for a shock!

Even if your site loads quickly, most ecommerce sites have time glitches on the order page. This glitch occurs when the customer fills out the order information and clicks the processing button. Sites can grind to a halt as they convert to the secure credit card processing system. This is such a prevalent problem that a majority of ecommerce sites will lose up to 40 percent of their sales on the order page. Make sure your site loads quickly, particularly the order page.

Improving your conversion rates is all about understanding how your site performs. If you can focus on your subject and get the site to load quickly, you should see dramatic improvement.
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About Author
Both Mike Teng & Halstatt Pires 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.

Mike Teng has sinced written about articles on various topics from Health, Mergers and Home. Dr Mike Teng (DBA, MBA, BEng) is the author of best-selling book, "Corporate Turnaround: Nursing a Sick Company back to Health." He is known as the "Turnaround CEO in Asia" by the media.. Mike Teng's top article generates over 450000 views. to your Favourites.

Halstatt Pires has sinced written about articles on various topics from Realestate Marketing, History and Ezines And Newsletters. Halstatt Pires is with MarketingTitan.com - providing services. Visit us to read more. Halstatt Pires's top article generates over 368000 views. to your Favourites.
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