With sports such as racket sports, billiards bowling etc. it is often stressed that your follow through needs to point in the direction you are aiming for.
Keep pointing in the direction you are aiming for.
So what are you aiming for? Write your goal down.
It is said that if you can watch it, it can grow.
Are you aiming at $100 or even $2000 in sales profit a week from your online shop? What are you doing to achieve that amount in sales per week?
If you have a site, the follow through is what you do to achieve your goals for the site.
So if you make a good site then ignore it. It could be compared to hitting a ball square on, but then not worrying about your follow through, which will make the ball be misguided to wherever your racket points to after the immediate hit – Net, over the fence etc. So unless you are very lucky, you need to watch your follow through, which is just as important as how you set up your shot/business.
One thing I think people ignore with in setting goals is leverage.
The higher leverage you take the higher risk you take, and the higher the risk you take the possibility of a higher reward is also greater.
In forex trading you can choose the max leverage of your account eg. from 1:10 to 1:500 so trading with 1:500 is much more ‘riskier’ than 1:10 however then rewards can be much greater.
So in setting your goals you should consider what kind of leverage will you use to help attain your goals.
You could consider help from others as leverage too. What do you risk by asking others for help? So many people want to go it alone, and some do well, however getting help from others can be the less riskier form of ‘leverage’ I can think of. However sometimes what you may think of as help can sometimes be the opposite.
For something practical lets go back to an e-commerce example.
So you have just set up an online shop, either on it’s own platform or on a site like ebay, so the site is looking good, you have a good profit margin on each sale. So what are you going to do to follow through on your efforts of setting up this shop?
Some ideas are:
1) Be aware of what the market wants. Check competitors sites, view prices, service, and array of products.
2) Get your site in front of others. – This can cost money, so to follow through with this you would need to leverage your site. Pay for advertising – go to an affiliate network, or use pay per click such as Adwords, for faster results you need to leverage you site. Don’t rely purely on organic web searches, it can take years to improve your sites ‘hit stats’ without advertsing.
3) Find a mentor. – Write to people that own successful sites, and ask if they can give you advice.
4) Constant improvement 改善 – Kaizen – http://en.wikipedia.org/wiki/Kaizen
