Every website idea or type is a potential winner. None of them can be ruled out definitively because a big part of any site’s profit potential depends on how well you market the site and grow it from the ground up. If you are an excellent marketer and strategic CEO, it’s not difficult to make […]
[Continue reading…]How To Price You Product/Service For Maximum Profit
December 5, 2011 by Leave a Comment
Do you sell anything? I bet it was quite difficult coming up with the price, right? Trust me, I’ve been there. You want a price that ensures you make maximum profit yet you do not want to alienate your customer. What to do? Here’s a very interesting article on: Pricing experiments you might not know, […]
[Continue reading…]The Power of Understanding and Solving Problems
December 3, 2011 by Leave a Comment
This is a follow-up to yesterday’s post: Find A Small Problem, Provide A Simple Solution. Many have made money and built reputations by solving problems. Doctors cure the suffering of illness, psychiatrists help heal the troubled mind, lawyers protect names from being tarnished, consultants offer marketing advice and a dazzling array of products help to […]
[Continue reading…]Find A Small Problem, Provide A Simple Solution
December 2, 2011 by 1 Comment
Here’s the story of a young guy in Mexico who started his own small business immediately after college and has now moved from his bedroom to his own office, bought furniture, computers and has a substantial amount saved up. He studied mechanical engineering in uni and after graduating, he decided to start a small business […]
[Continue reading…]Learn To Say No
November 30, 2011 by Leave a Comment
No. No, we don’t take clients like that. No, that’s not part of what we offer. No, that market is too hard for us to service properly. No, I won’t bend on this principle. No, I’m sorry, I won’t be able to have lunch with you. No, that’s not good enough. Will you please do […]
[Continue reading…]Elance, oDesk, and Making Money Online
November 29, 2011 by 10 Comments
The last time you heard from me, I had made almost half a million freelancing, and was hanging up my keyboard in exchange for a little honest work. The work was fulfilling and fun, but I’ve always been bad at marketting, and referrals will only get you so far. When I gave up the online […]
[Continue reading…]Six questions for analyzing a website
November 27, 2011 by Leave a Comment
Seth Godin brings us this gem of an article that is very useful when you want to analyse whether a website is a good investment. It’s tempting to believe that any website can become a perpetual motion machine of profit. But before you start one, invest in one or go to work for one, a […]
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