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  • I Advice - Leverage your Expertise Through a Membership Site

    Exhibitions Trade Shows Boost Business Visibility: How Do You Boost Your Business At An Exhibition?
    Several of my clients attend business exhibitions to build their visibility with the public and with businesses. To properly exploit this great opportunity to exhibit their goods and services, they find they need to plan and train for the day:Attract visitors’ attentionPlan what you will offer at the exhibition and design your poste
    keting expense, which can be kept below $1000/month easily. Once the site is established, tone down the marketing significantly. The basic overhead then is not more than $100/month.

    c) Feedback from the discussion forums is invaluable for knowing the hot-button issues of the day, which will help in development of backend products for further sales. For example, if members are hungry for expert opinion in certain legal areas, or accounting areas - the site owner can now arrange for a pai

    Influencing Skills - How To Influence People
    There is no right way, nor is there only one way to influence others. Everything, but everything, is a factor when influencing people.And we are, all of us, influenced by people, places, events and situations at all times. Sometimes we are affected more or less by these things, but we are continually being influenced by what happens around us.So what about the specifics
    Most entrepreneurs and small business owners, over a period of ten to twenty years of operating their businesses develop a terrific sense of what is required to succeed in that business. Some of these entrepreneurs and business owners then go on to leverage that knowledge by establishing themselves as consultants to young companies seeking to make a mark in that industry.

    Other entrepreneurs may start running paid seminars, paid coaching classes, or produce audio cassettes and DVDs for training - all in order to leverage their existing knowledge for the benefit of those just starting out, while adding to their own income stream.

    An emerging opportunity for such individuals is the rise in membership sites, especially in areas around operating a successful business. Examples of such sites are restaurantowner.com, acupruneur.com dealing with restaurant owners and acupuncture practitioners respectively.

    Such sites offer:

    1. A Downloadable library of immediately useful templates such as training manuals, contract templates, service agreement forms, employment forms.

    2. Several articles addressing the chief concerns of anyone just entering into this business, or someone struggling to find the answers to ongoing problems.

    3. A discussion forum to exchange questions and ideas, and to especially get feedback from the expert.

    There are several advantages of a membership site format:

    a) A recurring revenue stream - say if the charge is $10/month, with only 500 members, the site will pull in $5000/month in revenue on an ongoing basis. You could charge an upfront registration fees if you like ($99 joining fees) which discourages those who will simply download all content and leave. Additionally, this joining fee encourages existing members to continue renewing (to avoid a joining fee if they wish to leave and rejoin later).

    b) Operational costs are low - maintain a website, a merchant account, and some ongoing marketing expense, which can be kept below $1000/month easily. Once the site is established, tone down the marketing significantly. The basic overhead then is not more than $100/month.

    c) Feedback from the discussion forums is invaluable for knowing the hot-button issues of the day, which will help in development of backend products for further sales. For example, if members are hungry for expert opinion in certain legal areas, or accounting areas - the site owner can now arrange for a paid

    Improving Patient Sensitivity in Doctors and Hospital Staff
    COMPANY/ORGANIZATIONA South Florida hospital. The CEO of the hospital saw the need to provide exceptional customer service to differentiate itself from the competition and avoid being acquired.PROBLEMThe hospital was undergoing a series of changes involving personnel, organizational alignment and even an expansion of the property which caused disruption to the ent
    training - all in order to leverage their existing knowledge for the benefit of those just starting out, while adding to their own income stream.

    An emerging opportunity for such individuals is the rise in membership sites, especially in areas around operating a successful business. Examples of such sites are restaurantowner.com, acupruneur.com dealing with restaurant owners and acupuncture practitioners respectively.

    Such sites offer:

    1. A Downloadable library of immediately useful templates such as training manuals, contract templates, service agreement forms, employment forms.

    2. Several articles addressing the chief concerns of anyone just entering into this business, or someone struggling to find the answers to ongoing problems.

    3. A discussion forum to exchange questions and ideas, and to especially get feedback from the expert.

    There are several advantages of a membership site format:

    a) A recurring revenue stream - say if the charge is $10/month, with only 500 members, the site will pull in $5000/month in revenue on an ongoing basis. You could charge an upfront registration fees if you like ($99 joining fees) which discourages those who will simply download all content and leave. Additionally, this joining fee encourages existing members to continue renewing (to avoid a joining fee if they wish to leave and rejoin later).

    b) Operational costs are low - maintain a website, a merchant account, and some ongoing marketing expense, which can be kept below $1000/month easily. Once the site is established, tone down the marketing significantly. The basic overhead then is not more than $100/month.

    c) Feedback from the discussion forums is invaluable for knowing the hot-button issues of the day, which will help in development of backend products for further sales. For example, if members are hungry for expert opinion in certain legal areas, or accounting areas - the site owner can now arrange for a pai

    Are You Looking In The Right Direction?
    Are you looking in the right direction for the answers to your life’s questions? Often we are tempted to look outside ourselves to our: spouse, company, church, friends, gurus and wizards for the answers to the burning questions about our life:· am I with the right person? · am I in the right career? · am I living where I want to be? · what is my life destiny?y useful templates such as training manuals, contract templates, service agreement forms, employment forms.

    2. Several articles addressing the chief concerns of anyone just entering into this business, or someone struggling to find the answers to ongoing problems.

    3. A discussion forum to exchange questions and ideas, and to especially get feedback from the expert.

    There are several advantages of a membership site format:

    a) A recurring revenue stream - say if the charge is $10/month, with only 500 members, the site will pull in $5000/month in revenue on an ongoing basis. You could charge an upfront registration fees if you like ($99 joining fees) which discourages those who will simply download all content and leave. Additionally, this joining fee encourages existing members to continue renewing (to avoid a joining fee if they wish to leave and rejoin later).

    b) Operational costs are low - maintain a website, a merchant account, and some ongoing marketing expense, which can be kept below $1000/month easily. Once the site is established, tone down the marketing significantly. The basic overhead then is not more than $100/month.

    c) Feedback from the discussion forums is invaluable for knowing the hot-button issues of the day, which will help in development of backend products for further sales. For example, if members are hungry for expert opinion in certain legal areas, or accounting areas - the site owner can now arrange for a pai

    Seconds Count - Make The First 30 Seconds Count
    When you’re calling prospects, you only have about 30 seconds to grab their attention. You have one chance to make a first impression when the prospect picks up the phone, so make sure those 30 seconds count.We live in a world in which we’re bombarded with e-mails and phone calls. We don’t have a lot of time to read or listen to every word. In those first few seconds wit
    ge is $10/month, with only 500 members, the site will pull in $5000/month in revenue on an ongoing basis. You could charge an upfront registration fees if you like ($99 joining fees) which discourages those who will simply download all content and leave. Additionally, this joining fee encourages existing members to continue renewing (to avoid a joining fee if they wish to leave and rejoin later).

    b) Operational costs are low - maintain a website, a merchant account, and some ongoing marketing expense, which can be kept below $1000/month easily. Once the site is established, tone down the marketing significantly. The basic overhead then is not more than $100/month.

    c) Feedback from the discussion forums is invaluable for knowing the hot-button issues of the day, which will help in development of backend products for further sales. For example, if members are hungry for expert opinion in certain legal areas, or accounting areas - the site owner can now arrange for a pai

    Data Acquisition: Closed-Ended Questionnaire Response Format
    Interviewer and coder bias are removed because the interviewer is simply checking a box, circling a category, recording a number, or punching a key. Reading response alternatives may jog a person's memory and provide a more realistic response. Also, because the option of expounding on a topic is not given to a respondent, there is no bias toward the articulate. Finally, the coding
    keting expense, which can be kept below $1000/month easily. Once the site is established, tone down the marketing significantly. The basic overhead then is not more than $100/month.

    c) Feedback from the discussion forums is invaluable for knowing the hot-button issues of the day, which will help in development of backend products for further sales. For example, if members are hungry for expert opinion in certain legal areas, or accounting areas - the site owner can now arrange for a paid seminar on that topic, or develop a DVD product explaining those areas and make them available for sale. The membership list will convert at a high rate for such products, since they already love the site and trust the site owner to provide quality information.

    And finally, the timing is right. More and more Internet users are willing to pay for quality information on the web, especially information that helps them either make more money, helps them use an existing product better or helps them receive more training.

    Do not ignore this opportunity.

    Copyright 2006 Character & Wealth LLC

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