Let's say that you have three internet marketing projects that you would like to implement - call them A, B, and C.
To keep the example simple, let's say that each one will take 3 full months to set up and, after that, each one will generate $100 per month passively.
What happens if we try to multi-task and set the three projects up simultaneously? Since we can only devote 1/3 of our time to each project, it takes 9 months before A, B, and C are up. At that point, we will make $300 per month. So, in the first year, we will end up making $900 ($0 for the first 9 months and then $900 for the last 3 months).
What happens if we single-task the projects? We get project A up after 3 months. Then, during the next 3 months, we will earn $100/month from project A while we set up project B. In the next 3 months, we make $200/month while we set up project C. Finally, we earn $300/month for the final three months of the year. So, in the first year, we end up making $1800 ($0 for the first 3 months, $300 for the next 3 months, $600 for the next 3 months, then $900 for the last 3 months).
Friday, 26 June 2009
Why Multi-tasking Costs An Internet Marketer Money
Posted on 10:18 by Unknown
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