Setting goals for your business: The RIGHT WAY to go about it!

The core of a business lies in its goals. These goals serve as a yardstick to measure the success of any business. In the absence of goals, there is no way to know if your hard work has paid off. So, goal setting is very important to the business structure and should be an integral part of it. The question now is, how do you set these business goals?

  1. Have realistic targets: In the sells like hot cakes program, we have set the goal to reach $45,000 profit per month, and there is a reason for this. Nobody is saying you shouldn’t dream BIG, but when it comes to goals, you should have realistic targets and not overt fantasies that will have you beating yourself up at the end of the day. Remember; great things have small beginnings.
  1. Be specific: Being ambiguous won’t get things done; it’ll only cause distraction and confusion. Know exactly what you want, down to the finest detail and then channel your resources towards the pursuit of that target.
  1. Remain Committed: In order to see your plan through you should stay motivated and ensure you finish what you started. Avoid procrastination and stay focused until you’ve achieved what you set out to do.
  1. Take Action! It’s one thing to say something and entirely a different thing to actually do something. The talkers of this world don’t go very far. Don’t just be a talker, BE a DOER! After setting your goals, rise up and take the necessary actions to achieve them. Actions speak louder than words…

Follow these simple principles, and you would’ve laid a concrete foundation to build your business upon. Ensure to check our video course on “Your Ultimate Blueprint to get from ZERO to $45,000 profit per month” If you can follow this guide meticulously, you are guaranteed success in your e-commerce business.

Go get em’ Tiger!

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Last Wall Comments

 
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Claudia says at 23:22 et
And don't put all eggs in one basket. Launch several products (ideally related) to build a brand quickly + Build your LIST!
 
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 chris says at 21:03 et
Hi friends... Is "Pet Rock" a good product to sell? seems like an eaasy winner and super original.
 
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 Rob says at 21:03 et
pet rock.. hm.. Not really.. run the numbers on the Best Seller finder.. u see most sales are made by 2-3 sellers, others are struggling. It's also too cheap of a product, Average price of the product from top 10 sellers: $13.13 (Approximate FBA fees: $2.63)
 
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 Bill says at 21:29 et
What dunnage to put inside to protect my products?
 
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 jo says at 21:29 et
For example bubble wraps, foam, air pillows and sheets of paper.
 
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 Alex says at 21:32 et
Hey fellow Shopifyers and Amazoners ! I would be very grateful for some input! I am setting up a blog for my site. I am not looking for the native shopify blog vs. wordpress pros and cons?
 
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 Samuel says at 21:32 et
Shopify has built in blog functionality - that's all you really need.. why would you separate blog from the store, it makes no sense these days.
 
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 Mr.A. says at 22:39 et
How's everybody else's experience with Amazon? My planned price range is in the $30 range. Maybe better $20 or $40? or $15?
 
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 Tyro Meg says at 22:40 et
Cheaper = easier to sell but harder to profit.
Expensive = harder to sell but more profit
 
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 Kylie says at 22:40 et
Stick to the golden rules. Saw the videos of the course? If your product is under $20 then BUNDLE it (or make a SET)
 
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 Caleb says at 22:55 et
You don't have to be the cheapest product to compete. My best selling products are also the most expensive products in my niche. It comes down to perceived value. If people see your price is higher, give them a reason why. Make sure your packaging is not just great, It should be amazing.
 
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 Victor says at 15:03 et
My problem is I am selling too fast and often run out of stock... Should i rise prices to slow down or let it run out of stock?
 
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 chris says at 15:03 et
Dont rise prices it will lower your BSR and ranks... Run out of stock swinging and refill fast!
 
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 Alice says at 15:04 et
forecast.ly and cashcow pro will help you manage inventory and plan better! hope it helps!
 
Butz says at 13:47 et
Does this work for residents in Australia?
 
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Claudia says at 13:48 et
of course. You dont need to live in USA to get started.. In fact, I am not even from USA but I sell on Amazon and Shopify just fine! It does not matter where you live, it matters where you SELL.
 
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 Mike says at 11:59 et
Great quetion from Nasim, i wanted to share it and then my response. "This course is really inspiring me to open my own store. Can you give me one more suggestion. From your experience which one you think is better a specific product type or mixed product stores? "
 
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 Mike says at 11:59 et
There is no specific answer to this. You know Amazon itself is "everything store" and they are very successful. At the same time a lot of shopify stores are "one product only" or "one niche only". If you target specific niche (like pugs lovers, pug owners for example) then your store should have only products for pugs, because if they see the product for bulldog, they will be frustrated and leave). I hope it helps, but there is no RIGHT or WRONG way here.

I would suggest

1. If you go with "everything store" then research top competitor everything stores and make sure to sell similar products by similar prices. This will reduce chance of failure.

2. If you go specific niche, again use competitor spy tools and find out best selling products in competitor stores and duplicate them.
 
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 Mosquit says at 12:00 et
great question, thanks mike for sharing the tips. to Nasim good luck!!
 
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 Emma says at 12:04 et
Example of great everything store is chattuz.com
Example of great niche specific store is deathwishcoffee.com
 
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Ricardo says at 02:00 et
Hi, I have one question, maybe someone could help me: What if I work with 3 providers from Aliexpress, and I make an upsell on my store, but each product is is from a different provider. So, my customer will have this separately, will I have to tell him/her that would come in different time? (something rare that figure I think (?))

This providers offer different things for the same niche, so their product are great for an upsell for the other provider.*
 
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Claudia says at 02:05 et
I think it does not matter if all comes same or not. People are not expecting all products to be in same pack these days, you know even with amazon many times the products are shipped separately even if you order same day.
 
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Ricardo says at 12:15 et
great!!
thanks Claudia
 
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 Emma says at 02:06 et
I agree it's not a problem. If customer asks you reply that you ship from different warehouses.
 
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Sallyann says at 06:42 et
hi after taking the steps to show you my store I realised that i did it in hast and have closed it, by the way thanks for all the comments they were super useful!
I am going for my original niche and I have several ideas for others once im up and running. I am very impressed by the help you get here, from the keyword, title generator, the filler and bullet point generator and everything else, all great in helping newbies like myself.
i would like to ask that once i have my shop up and running and looking great would it be an option to do a full launch campaign with one of the email companies to send out emails to your target audience? I have seen ones advertised and I am realistic about the feedback and actual conversions but i don't have an email list yet and this seems to be a great option. let me know

thanks
 
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 Alice says at 06:43 et
thank you and that's a good plan. what companies do you mean specifically?
 
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Mark says at 11:57 et
Great course. What other payment gateways can I use as I don't live a country to be able to apply for paypal. Can't wait to make my first sale. I'm already done with the store and facebook page. Thank you.
 
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 Emili says at 11:57 et
Maybe Stripe ? it allows to accept major credit cards!
 
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PAT says at 05:30 et
Ok I am Very new to Facebook advertising I have a couple of boosted posts getting some reactions and page likes but still very small. I signed of for many chat and it looks interesting. I seem to be missing a step. How do I get my FB followers to optin to Many Chat?
 
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 Lucy says at 05:32 et
You can experiment with different ways... They offer Json script and several widgets that you can place to your site.
Growing community takes a lot of patience, so keep going and growing it but dont expect fast results.
 
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 lou says at 05:33 et
To grow faster best tip is to share top shared content from other pages. Save post or video from other pages (similar topic) and repost them on your page and mini-boost. Also research top liked and top shared contnet in your niche and repost it.
 
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GERRIE says at 08:27 et
I have watched a lot of videos and I understand what they are telling me to do. However, I can't memorize an all the instructions. Is there a written text instruction that I can reread the instructions as I am filling out the forms? I have been putting everything on my reading list but don't know if that is enough.
 
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 Mike says at 08:27 et
Most of our videos have text transcript to download.