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Services are a High Margin Product whe Run Effectively It is well known that I prefer a informational or soft product to a hard product for online marketing. I am not anti physical product or anything I just know for a fact margins and logistics are much better with a non physical product. [...] The title of today’s episode may sound like a cut out of “Boiler Room” and I even mention that old movie, you really should watch it if you never have but I mean selling far differently today. I talk to a lot of bloggers, podcasters, youtubers, etc that say something to the effect of… [...] The freedom you get by building a successful online business is honestly difficult to comprehend. One thing I have realized is I an honestly run my business from anywhere in the world. Getting stupid but accurate if they put a space station on the moon that had a DSL connection I could run my [...]  Episode-60- Good Advice, Bad Advice and Parasitic Advice [ 14:59 ] Play Now | Play in Popup | DownloadTo me advice from others about business fits one of three categories… Good Advice – comes from someone who really knows and loves your work or comes from someone who has been successful in the area he/she is giving you advice on. Bad Advice – anything that isn’t covered by good advice Parasitic Advice [...] Do You Really Understand Wealth Creation Join me today as I discuss an total idiot of an author who did an article in a recent edition of “Countryside and Small Stock Journal“. I really like this magazine by the way but this article which was called, “The Myth of Wealth” was complete idiocy. [...] I know I have given most of you the feeling that I don’t like physical products as an entrepreneur. That really isn’t the case at all, it is simply more accurate to say that I prefer informational or soft products for the online business model. There are many reasons but the biggest is that [...] Episode-42- Why Becoming a Successful Entrepreneur is a Noble Prusuit [ 16:07 ] Play Now | Play in Popup | DownloadI firmly believe that becoming a a successful entrepreneur with a sustainable business that pays all their bills is one of life most noble of all pursuits. The simple fact is that many people have a negative view of money and business owners, such people are generally destined to remain slaves to a system [...] That is the the formula for a business, well it is actually (P+S)*W+M=B Okay I will get off the algebra but what that formula means is take a problem (P), find a solution (S), multiply that with hard work (W) and add marketing (M) and you get a Successful Business (B). [...] Wait! Wait just a minute! How in the world can this be? Did we not just say in chapter two that most marketers fail to maximize income because their focus is way too broad? We did indeed and that is true but it doesn’t change the fact that the reverse can be true [...] To Broad of a Focus In episode eight I stated that not planning fully was the number one reason that new internet marketers and even some semi pros seem to fail or not maximize their earnings. The only problem was I told you the problem but I didn’t give you what was necessary [...] |
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