Internet Marketing and Entrepreneurship with Miles
Business:Management & Marketing
How To Know What To Work On Next... 3 Step Process To Find Your Most Valuable Projects Fast!
Learn how to prioritize everything you have going on in business... and how to find the number one most valuable project that deserves your time.
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This video is going to help you understand exactly what is most valuable for you to work on. Next, in a moment we're going to jump on my computer and I'm going to show you a three step process that you're going to be able to go through to help you identify the most valuable and important thing for you to work on next. Because we've all been there, right? Whether you just went on vacation and came back whether you just finished up a really big project and you don't know what to do next, or you had friends and family come out for a few days and then you're trying to get back to work and like, what the heck am I doing right now? So this process is what I personally use to kind of get it all out of here and get it down and then organize it in a way, a clear data-driven decision of like, that is exactly what I'm working on next.
Because once you have that confidence in what you're doing next, everything else starts to line up and you can kind of ignore everything else from there. You're just getting started in business online. You can use the same exact process for choosing the right business model, the right approach, the right content marketing campaign, etc, because ultimately there's 1,000,001 ways to make money online. You need to figure out one way and then stick with it. If you're following this person, that person, this person, and jumping all over the place, you're never going to make any progress. This will work in that same scenario. So let's jump right into it. I'm going to share my screen with you here in a moment and we're going to get my little drawing tablet out. So one second on that here.
And here we go. I've got to clean out that last thing I had going on there. Just doing some copy coaching there. Alright, and on here. So the first thing that I recommend you do is writing everything out. Now there is a process, it's called daily pages and I believe it's from a course called the artist's way, which I've been through. And the theory here is when your mind is absolutely full and it's just running, it's just running with you. You should do this and that and this and that. And you can't focus in on one idea. That's because it's running. And the simple act of simply writing it all down is the number one way for you to gain clarity. Because once it's all out of your head, then your mind is free. So number one, write it down. Okay? Then number two is order.
The biggest things, the biggest tasks with a time. That's a clock by the way. And a dollar representation. Okay? So what I mean by this is now that you've written down everything, this is going to be messy. I'm talking just notepads. It's stuff you can burn, you can throw it, you could shred it, it doesn't matter. Throwing your comp has been ultimately write it all out. But out of that, you sometimes go back through and you underline and you might think, well like, okay, so number one, I'm going to use myself as a little bit of an example. So number one, I could do a new affiliate site, right?
Okay.
Number two, I could build a new funnel.
Okay?
Number three, I could build a new upsell,
Okay?
And so on and so forth. Do you want to list out everything that you have going on? Everything that was in your mind, bouncing around, whether it was dumb, pointless, irrelevant. Get it down on this list. But here's the key for this second step. You want to go through and you want to go ahead and note how your estimate, right? It's just an estimate. And I'm gonna change color for this on how much money? On a scale of one to 10 this thing could bring you and how much time it's going to take you on a scale of one to 10 okay? So let's do the money first. So if I'm thinking of new affiliate site, I'm thinking somewhere around $3,000. So I would say that's $300 a month is what I would expect from a new affiliate site. So I would put that somewhere as a three on my list.
A new funnel might bring me in an extra hundred thousand dollars a month, so our, excuse me, $100,000 a year, so I'm going to put this at a seven a new upsell might bring me in, you know, may I could attach it to a lot of different things. I'm going to say that's a five. I'm being arbitrary. Sometimes you just got to jump. I'm just trying to use some sort of a parameter that helps me understand about what it will take. And then we have the time factor k, so I'm just going to put t over here. So how long is it going to take me to build a new affiliate site? Now time horizon is important here. What is your time horizon? For me, a new affiliate site is a 10 out of 10 on time, which means that's the longest term thing. I'm building that one. As the case study.
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