For the past a few days, I’ve been celebrating the Chinese New Year with my family and lots of my friends. We play firecrackers on New Year’s Eve, and the holiday nights were all filled with beautiful fireworks and great food!

Chinese New Year is the biggest festive event that we Chinese celebrate. It is “Tiger Year” this year, so I wish all of my readers have a ROARING year ahead! 🙂

And in today’s post, I am going to outline a few things that you need to think about when planning for big profits this year.

This isn’t so much a “how to” guide as it is a way to help make everything you do and think more profitable.

The big guys who make millions already have all of 2010 planned out for their business. So, do you? What is your plan for this year?

This is pretty important and incredibly overlooked stuff. Remember, not planning ahead is planning for failure.

First things first- You need to determine what type of business you want to set up, or if you already have a business, what exactly you are doing with it.

Even if you already have a business that makes money online, you might want to rethink the setup of it.

Here are a few questions you want to ask yourself..

1. How much time will it take?

This is especially important when you are first starting out. You
want to focus on things that are going to line your pockets the
fastest because you need to pay the bills! You also want to make
sure you can do it along side everything else you are doing without
making anything else suffer.

Or you will have to decide if something else should be sacrificed
to do this new project.

2. What will make you the most profits?

Again, money isn’t everything, but it sure helps… especially in
the beginning. You can always do charity work later.

The money is what makes the online world go round. So try and find
a good opportunity and direction for yourself that will get you
from rags to richest in a reasonable amount of time.

3. What are you excited most about?

If you can concentrate on things you are excited about first, that
is optimum. You will find more energy for it and will be more
passionate about it. In turn you will probably get to a positive
cash position faster.

4. How will it affect the big picture?

Will it take away from other things that you are doing? You don’t
want a project to consume you so much that something else that
you’ve worked hard on suffers.

5. Can it wait?

All of us should have short term and long term strategies and
goals. You can’t do everything now. Focus on what will get you
where you want to go fastest now and reserve the other stuff for
later.

You need to determine what is most important and what will get me
there the fastest.

This is so essential in the beginning.

I want you to ask all of these questions because this should determine where you start.

You need to at least have an idea of what you want to accomplish with this business before you start anything.

If you want to build an empire, then obviously you will need more time and resources than somebody who just wants to promote some affiliate programs while they watch TV after their 9-5 everyday.

How serious do you want to get involved? I think just the mindset of this is what holds some people back. If you don’t know and are just bouncing from program to program looking for something to stick, then chances are, you aren’t making money.

The people who know what they want out of this business and are going after it are the ones pulling in the big bucks. Do you want to be that person?

Set goals and strive to achieve them, don’t just wing from day to day.

Write down your business and personal goals and set deadlines to achieve them.

The problem with the Internet is that it is cheap, and it creates a cheap mentality. You can get on the Internet for $20 a month for access, and set up a web site for $10 a month.

This is money that people can flat out waste every month. But if you look at it through regular brick and mortar eyes, where you have to pay full “rent and stock” prices, you may take your business a little more seriously.

If you had to pay $500 per month for Internet access and another $500 for web site hosting, then you had to pay $5,000 upfront for stocking your product, you would probably be much more serious about your business and immediately become the best marketer that you could!

So why doesn’t everybody do that now? Because the Internet is cheap, and they are too comfortable and secure with their current jobs.

But if you really want to make a solid-sizable income from the net, then learn the ropes, take off the gloves and get your hands dirty.

You need to be where the action is, to see any action.

Start now and before you know it, you will be making the kind of money that you want, and will be kicking yourself for not starting sooner… Trust me!

Don’t worry about failing. You are going to fail at some point, everybody does. Nothing is going to be perfect, so stop wasting time trying to make it perfect. Get out there and dive in head first!

I guarantee this will help you get more done in less time and help you make much more money in the new year.

Gong Xi Fa Cai! (Have A Prosperous New Year)!

Henry Zeng

Tags: new year plan