10 Habits of Millionaire Internet Tycoons
Millionaire Internet tycoons know exactly how to make money online. They’ve made it their business, and that’s how they made their millions. These are habits that are either innate to them, or ones they picked up along the way that led to their wealthy state. Below are 10 of them.
1. Develop A Stellar Plan
Without a stellar plan to start your business, your business will fail. It will fall flat on its face. Start with a well-thought out plan. Consider what your ultimate goal is and create sub-goals, along with tasks. Break down your plan to daily activities. Schedule in your planner and complete them.
2. Are Gregarious Goal Setters
In setting up your business plan, make sure you gregariously set up goals for yourself and your business. Don’t think small. Instead, think unreserved. In all your goal-getting, add ones that you only dreamed of. It is said that if you don’t write down goals, you’ll never achieve them.
3. Are Calculated Risk Takers
Being a calculated risk-taker is critical to becoming a millionaire. If you stay in the safe zone, you may make money, but not at the rate you will if you take calculated risks. Calculated is the key. If you are unfamiliar with an area of investment or risk, don’t jump in. Avoid it until you know all the ins and outs of the thing. When you become a subject matter expert on a topic is when you are qualified to take calculated risks.
4. Showcase A User Friendly Website
There are a plethora of free websites available, and your Internet business will never survive without one. Create one and set up shop. Keep your website understated with simple graphics, lots of white space, bulleted descriptions and brief statements as to your goals and offerings. Make sure you have a RSS feed and e-mail subscription capability to allow visitors to sign up.
5. Blog With The Best
Millionaire Internet tycoons make it an integral part of their business to blog with the best. They set regular intervals to blog and keep their Internet community and membership abreast of what’s going on in their Internet marketing world.
6. Have An In It To Win It Mentality
What does it mean to have an in-it-to-win-it mentality? It means you will do whatever it takes to accomplish your goals, and that you will not let anything stand in the way of your achievements.
7. Know How To Network
Networking is critical to growing your business. That’s how Internet tycoons turn into millionaires. They network by joining forums, social networks, blogging, sending regular e-mail distributions and using other media to get the word out about their business and draw new buyers.
8. Know How To Work The Social Networks
You have to know how to work the social networks to your advantage. After you register with several, send out at least one tweet or notification a week to let people know something useful about your business. Start and send out a free training on something that is useful to the world at-large, but relates to your business. Send the brief training notifications out weekly or daily to maintain the interest of your audience.
9. Take Quarterly Respites
As important as it is to work your business, it is also important to take occasional respites. Quarterly weekend trips out of town with the family are a great way to recharge. Schedule them into your work plan. Also, budget the cost, so your business revenue does not suffer.
10. Know How To Celebrate
Millionaire Internet tycoons know to celebrate their accomplishments. When you arrive at a major milestone, celebrate. Again, budget your celebrations, so that they don’t impact your bottom line.
These are only 10 habits of millionaire Internet tycoons. There are others, but start off with these. Integrate them into your way of life. Emulate these habits daily, and it won’t be long before you’ll have the same mentality as millionaire Internet tycoons.