Jo Han Mok’s Internet Millionaire Code

There are many intangible benefits to being in an internet business for yourself. The satisfaction of controlling your own fate, deciding your destiny and other emotional and spiritual “perks” are good reasons to be the boss. These qualities have nothing to do with the “meat” of a business plan, however. They really cannot be measured. A plan requires measurable actions and results over time.

To describe the important parts, the acronym SMART covers the main points:
- Specific
- Measurable
- Actionable
- Realistic
- Timed

Blogging news stories as they unfold is one of the most exciting and controversial applications of technology that bloggers have discovered. One thing that makes the blogosphere so active is the fact that it is possible to update a blog instantaneously, so the news on blogs tends to be more current than the news in the paper, or on television. Unlike news delivered by these other media, news that appears on blogs does not have to travel through a series of editors and administrators before it reaches the public eye. This has some advantages, and some distinct disadvantages.

Many people dream of blogging for profit, and this goal is not far beyond the reach of someone with average intelligence, a willingness to work hard, and a basic grasp of blogging technology. However, very few people manage to reap the profits they want from their blog. Most people who attempt to make money with their blogs do not succeed for two reasons.

Because there are so many blogs and web sites about blogs on the internet, it can be tough to distinguish your blogging web site from all of the others. Whether you are starting up a new web site aimed at bloggers or whether you are looking to make your existing blogging site more distinctive, the key to building and maintaining a site that will capture the interest and attention of the blogging community is finding your niche. If you can fill a unique need in a way that no other web site does, you’ll be able to build a lasting readership among web surfers. Once you have discovered a niche, you will still have a lot to do, but finding your place in the blogosphere is the place to begin.

A business plan is a living document. It changes and grows with the business it represents. The business owner that makes a plan, then files it away like a job to be done once and forgotten, is missing the best part of planning a business. A well-executed plan that is revised on a regular basis can increase profits, cut costs and reduce the amount of time a business owner needs to spend working for the business, like just another employee.