2007-10-08
Issue #168
October 08, 2007 Issue #168
In this issue:
The IMC Insider
Helping Real People create wealth and freedom with Internet businesses since 1996
October 08, 2007
Issue #168
A special invitation from Derek Gehl...

**There are still a few seats left!**

What are you doing October 13-14th?

I know what you should be doing...

... Meeting me in Los Angeles to discover the hottest wealth-building strategies I've been developing for the last year!

For one weekend only, I'm coming out of my public speaking "retirement" to host a rare two-day "Internet Wealth EXPLOSION" clinic in Los Angeles -- and I want you to join me!

For the first time ever, I'll personally reveal ALL the latest secret Internet marketing tips and techniques my team and I have discovered in our "underground" testing labs over the past year.

You'll learn....
  1. Strategies for ranking #1 in the most popular search engines like Google, Yahoo!, and MSN

  2. How to "blog" your way to untapped goldmines of traffic!

  3. How to create the "perfect" landing page that turns casual visitors into eager buyers

  4. How to market both to local and global markets online

  5. How to blow away your competition and become an industry leader with little-known "Web 2.0" strategies
... plus tons more!

This event is going to be the last one I host in North America for the next 1-2 years -- which means it's going to sell out quickly!

So if you don't want to wait that long to hear me reveal the strategies my most successful students are using to rake in $8,750 to $12,500 every month online, claim your ticket today by visiting:

www.marketingtips.com/wealthexplosions

I look forward to meeting you face to face!

To your financial freedom,

Derek Gehl
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Editorial: Looking for a hot business idea?
Let your passions guide you

By Derek Gehl

Derek If you've been reading this newsletter for a while, you know that one of the central tenets of the "IMC philosophy" is this:

If you're thinking about starting an online business, you should base that business on your own personal skills or interests.

In my experience, people who build their business around their own personal passions or experience almost always tend to achieve more success FASTER than people who don't.

It makes sense when you think about it...

If you're not passionate about what you're doing, you simply won't find it as enjoyable -- and you'll be less likely to succeed.

On the other hand, people who follow their passions are the ones who are most motivated to stick with their businesses and do the work necessary to grow and improve them.

That being said, I sometimes get emails from subscribers who tell me, "But I don't HAVE any unique skills or interests!"

To them I say, "You're not looking hard enough!"

Unique skills and interests can come in a variety of surprising forms... For example, knowing how to pass the exam required to become a firefighter is a skill on which you could base a business. So is quilting, or collecting model trains, or kicking a bad habit like smoking or biting your nails.

Even knowing how to deal with a pushy mother-in-law is a skill you could turn into a successful online business!

(Don't worry mom -- I'm not talking about you. ;-)

If you honestly believe you have no valuable skills or knowledge, you're selling yourself short. I'm certain that absolutely every single person on the PLANET has some kind of specialized knowledge or experience that could become the foundation of a successful online business.

However, if you find it difficult to pinpoint exactly what that specialized knowledge or experience is, don't worry! You're certainly not alone. A lot of people have trouble figuring out what makes them "tick."

You simply need to think about your life experiences.

Create a list of all the jobs you've ever had... all the hobbies you've ever pursued... all the volunteer work you've ever done... all the times you've helped someone and felt really good about it... all the challenging situations you've had to overcome in your life.

Then go through that list and pinpoint where your particular areas of skills and interest lie.

Sound difficult? Don't worry, I'm going to make it easy by giving you...

"Derek Gehl's 'Special Skill Finder' Questionnaire!"

The following questions are designed to get you thinking about what really matters to YOU. Be sure to print this list up and write your answers down -- you're going to want to refer to them later.
  1. Do you play any sports?

  2. If you had a million dollars and a week's worth of free time, what would you do? List the first activities that come to mind.

  3. What websites do you visit when you're just "surfing around" online? What topics do these cover?

  4. Have you ever won a trophy or award? What for?

  5. Have you ever been recognized for a contribution of services? What did you do?

  6. Do you have pets? What kinds?

  7. Do you have kids? What do you like best about being a parent? What do you find most challenging?

  8. Do you have any specialized education? Have you ever taken a class in a subject like pottery or sailing? Do you have any kind of academic continued education?

  9. Have you ever volunteered anywhere? What did you learn through this experience?

  10. Have you ever gone through a particularly challenging experience, and come out of it stronger than ever? What was that challenge, and what did you do to overcome it?

  11. What lifetime accomplishment are you most proud of? What did you learn from this experience?

  12. Do you have firsthand knowledge of any medical illnesses or issues? If so, which ones?

  13. Do you collect anything? If so, what?

  14. What television shows do you enjoy? What kind of music do you listen to? Do you ever attend theater events or other events related to "the Arts"?

  15. Is there anything you've always really wanted to do or learn more about, but just haven't had the time?
Once you have finished, go over your answers to these 15 questions, paying special attention to the ones that got the strongest positive response from you. These are the areas that are most likely to lead you to the ideal market you should target with your business.

Now narrow your list down to five topics you're truly passionate about. These topics are going to be the starting point of your research.

Note that I said the STARTING point! This stage is just the beginning... It's not enough to recognize that you're passionate about golf, and then just assume that you're going to build a business on the subject of "golf."

(That wouldn't be a good idea... Plug the word "golf" into Google and you get 184 MILLION results -- that's some crazy stiff competition you'd be facing!)

BUT -- If you dig down deep into a general topic like "golf," you may find an untapped niche market of people who are desperately searching for a product that's not readily available online.

Maybe it's discount golf shoes for men who have size 14+ feet. Or maybe it's beginner golf videos for children. Who knows? That's what the next stage of your business building research will reveal.

That next stage is when you use a keyword research tool like Wordtracker to find out what people are searching for online, related to the topics you've chosen.

But THAT'S a topic for a whole separate newsletter article, which I'll address in future.

Until then -- happy business building!

To your success,

Derek Gehl
Do you have a question for me and my team?

Drop us a line at questionsforderek@marketingtips.com -- and you may see your question answered in an upcoming issue of The IMC Insider!
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Use the "ABCDE Method" to organize your life -- and get things done!
By Brian Tracy

Note from Derek: I'm really excited to have Brian Tracy as this week's guest article writer. Brian is a world-renowned author and speaker who teaches people how to achieve higher levels of success by managing their time and lives more effectively.

I'll be interviewing Brian about his proven time and business management strategies on October 18th -- but only Internet Entrepreneur Club members will be able to listen in!

To learn how you can get a 30-day pass to my exclusive members-only Club for only $2.95, go to:

www.internetentrepreneurclub.com/time-management-tips

Now here's Brian's article...


"The first law of success is concentration -- to bend all the energies to one point, and to go directly to that point, looking neither to the right nor to the left."
--William Mathews

The more thought you invest in planning and setting your priorities before you start a major project, the more important tasks you'll be able to accomplish -- and the faster you'll get those tasks done.

And the more important the task is to you, the more you'll be motivated to overcome procrastination and launch yourself into the job.

The "ABCDE Method" is a powerful priority-setting technique you can use every single day.

This technique is so simple and effective that it can, all by itself, make you one of the most efficient and effective people in your field.

Here's how it works...

1. Think on Paper

The power of this technique lies in its simplicity.

You start by creating a list of everything you have to do for the coming day. Be sure to "think on paper" -- you'll want to write everything down.

Once you've finished, place an A, B, C, D or E beside each item on your list.

An "A" task is defined as something that is very important. This is something you MUST do.

It's a task for which there can be serious consequences if you fail to do it, like visiting a key customer or finishing a report for your boss that she needs for an upcoming board meeting.

If you have more than one "A" task, you prioritize these tasks by writing A-1, A-2, A-3, and so on in front of each item. Your A-1 task is the most important and valuable task you need to accomplish. In other words, it's your TOP priority.

2. "Shoulds" versus "Musts"

A "B" task is defined as something you should do -- but if you don't do it, there'll be only mild consequences.

Someone may be unhappy or inconvenienced if you don't do a "B" task, but it's nowhere as important as an "A" task.

(For example, returning an unimportant telephone message or reviewing your email would be a "B" task.)

You should never do a "B" task when there is an "A" task left undone.

A "C" task is defined as something that would be nice to do, but for which there are no consequences at all, whether you do it or not.

"C" tasks include phoning a friend, having coffee or lunch with a coworker, or completing some personal business during work hours. This sort of activity has no effect at all on your work life.

A "D" task is defined as something you can delegate to someone else. You should make a point of delegating everything you can, so you're able to free up more time for the "A" tasks only you can do.

An "E" task is defined as something that you can eliminate altogether and it won't make any real difference.

This may be a task that was important at one time but which is no longer relevant to yourself or anyone else.

Often an "E" task something you continue to do out of habit or because you enjoy it. But every minute you spend on an "E" task is time taken away from an "A" or "B" task that can make a real difference in your life.

After you have applied the "ABCDE Method" to your list, you'll be completely organized -- and ready to get your most important tasks done faster.

3. Take Action Immediately

The key to making this ABCDE Method work is to discipline yourself to start your "A-1" task right away -- and then stay at it until it is complete.

Use your willpower to get going and stay going on this one job. Don't forget, it's the most important single task you could possibly be doing.

Your ability to analyze your list of tasks and determine which is your "A-1" task is the springboard to higher levels of accomplishment, as well as greater self-esteem, self-respect and personal pride.

When you develop the habit of concentrating on your "A-1" most important activity, you'll soon be getting more done than any two or three people around you.

4. Review: Put your learning into practice
  • Review you work list right now and put an A, B, C, D or E next to each task or activity.

  • Select your A-1 job or project and begin on it immediately. Discipline yourself to do nothing else until this one job is complete.

  • Practice this ABCDE Method every day and on every work or project list -- before you begin working on it -- for the next month. By that time, you will have developed the habit of setting and working on your highest priority tasks, and your future will be assured!
Note: Special discount for IMC subscribers!

If you can't wait until my October 18th interview with Brian to learn how you can master your life with his proven philosophy of time management, I have good news!

You can get a $15 discount on his hugely popular 6-CD audio program, "How to Master Your Time" by using the coupon code "IMCTIME" at: www.briantracy.com/master-your-time
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Meet the IMC team of experts at a city near you!

Meet the IMC team of experts -- join us for an exclusive two-day "Internet Wealth-Building Bootcamp" coming soon to a city near you!

For two full days in each of the cities listed below, my IMC team will speak live on stage, giving away the exact step-by-step blueprint you need to grow a lucrative Internet business...

... Using the most current, most advanced Internet marketing secrets, strategies, and technologies that we've used to generate over $60,000,000 in online sales.

Internet Wealth-Building Bootcamps:

Los Angeles, CA -- October 13 & 14 (Click here for more details)

Chicago, IL -- October 20 & 21 (Click here for more details)

Portland, OR -- October 27 & 28 (Click here for more details)

Vancouver, BC, Canada -- October 27 & 28 (Click here for more details)

London, United Kingdom -- November 03 & 04 (Click here for more details)

To claim your tickets, click on the links above -- or call my team, who will be happy to answer any of your questions about these exclusive events -- at 1-800-595-9855 or 1-604-730-2833.
Do you have a challenge you'd like Derek and his team to help you solve?

Leave a comment on Derek's blog: http://blog.marketingtips.com/derek/

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