Today has been one of those strange days. I got up with every intention of doing my daily routine when my Internet connection wouldn’t kick in. Well, I called my cable company and sure enough, there was a nationwide outage. They had no idea when it was going to be restored either.
Fortunately for me, I have dial up as well. Oh yes, I don’t just rely on one way to get onto the Internet. You never know what’s going to happen. So as a result, even though I’m working a little slower than usual, I am still able to get my daily chores done and even write this article, which you are reading now.
And this is just one of the many areas, Internet connection, where things can and do go wrong. So the question I put forth to you today is simple. Do you have a backup plan? If something goes wrong with a part of your business, do you have something to fall back on? And I’m not just talking about a temporary thing like an Internet connection going down. I’m talking about when a whole business model goes up in flames.
Think it can’t happen? Remember all those made for Adsense sites that were all the craze about 2 years ago? Well, guess what? After Google cracked down on those crappy pages, people who were making hundreds of thousands of dollars a month were suddenly out of business. So make no mistake about it…business models DO crumble.
So again I ask…do you have a backup plan? More to the point, are you diversified or do you have all your eggs in one basket? I have so many different product lines out there that I can’t even keep track of them all. But at least I don’t have to worry if one of them stops selling.
It’s certainly something to think about.
If you’re having trouble even thinking of one business to run, let alone several, you might want to sit down and think of other niches to get into besides the one you’re stuck in. It doesn’t take long to do niche research and get some ideas. As a matter of fact, I have a free book that will show you just how to do niche research and pick out a niche that has the potential to be profitable. You can find it in my signature.
Point is, you don’t want to be waking up one day and find that your bread and butter has turned into dust.