Exit plan : The beginning of transformation

This is going to be a fairly long update on my new 2011 resolutions post and change life in 100 days.

Really. There is nothing to be proud of. My new resolutions in 2011 hit a small road block. One of my helping hands decided to find a job to pay bill. I can’t blame on him. Everyone has different financial situation. I can only say that I feel bad that I cannot afford him to help me moving forward.

With about 24 days left to change my life, I have a short exit plan. It’s not a plan to exit my journey, but a plan to exit what I do to make significant changes to turn my world inside out.

Here is the summary of the top 3 things to change my life and to make 2011 a better year.

1. Extreme Healthy Body and Life Style
   This is the most important part of my journey. I will be hiking in the mountain in Sedona in the coming week. I am back on practicing golf. Re-join gym after the reopen of gym with a new ownership at new location. Other than having some coffee time at Starbucks, I haven’t eat out for months. I drop few pounds and inches. I felt great.

   The only thing I can’t really control is my vision. I have bad presbyopia at age of 42. It primary due to my long hour in front of computer.

2. Automation & Execution
   My #1 handy man is quitting on me. What can I do about it? I have to speed up the automation process. Even the sales and marketing process. I rely on human interaction and in-person sales approach too much! It’s also not may original idea about running an Internet based business. I am slowly moving on to the fully automation on broadcasting the content users generate. With few minor configuration, the content can be distributed to 52+ different sites automatically. This will dramatically low my cost to pay someone to do the work. Everyone of those sites can potentially generate Google Adsense income too.Of course, I have to re-think what I have done wrong in my process. If I can’t afford my sales persona to sell my products, I must have some serious problem in my business model. If I can’t pay for the eggs, how will I hatch the chickens? I have something important to figure out.
3. Cash Flow and Proper Investment
   Just invest few thousand dollars on telecom stocks. Some of them have pretty good potential and hopefully get good return in few months. Those are true passive income.

This is my current update.

Road blocks:

• Finding the sales force – Having my helping hand quitting on me makes me realize that how vulnerable my business is. I’ve tried to post job position on Craigslist and end up getting flood with spam and scam. Most people looking for job don’t take commission based sales position. That means I won’t be getting any helping hand at any time soon.
• Revenue Model – An entrepreneur friend I met at forum hit me really hard on me! He simply made me realize that I am facing the uphill battle. I have to sell to both business and consumer sites in a very crowd market. The profit margin isn’t that great. The ROI is too low. Even I pay 30%-60% commission on every sale to my sales representatives, the price tag just isn’t that attractive.

Action Plan:

• Cold Calling – I will try to hire stay home mom, un-employed part-time sales to make call. They will get one time commission on every success transaction. This will lower my cost to pay them recurring commission.
• Affiliate Program – I guess it’s time to implement affiliate program and go viral.
• Email Marketing – This is one of my weakest points. Need to finish the process to automate the sales process.
• New game changer – Once I have the above process in place, I can move on to my two other ideas.

That’s for now. Really. I have to give myself a time line before I have to find a Corp American job.