Tag Archives: profitability

Use Your Competition’s Efforts to Your Advantage

‘Steal’ good ideas from your competitors (ie: adapt their techniques to your own vs. plagiarizing) but avoid their pitfalls and you’ll quickly get ahead of them. An Internet based business is often very transparent giving you a terrific opportunity to model your business after your successful competitors.
Rob Toth: Rob Toth, author of Dear Employee Your […]

The Most Important Skill To Develop

Don’t waste time on fad tactics from self-proclaimed experts. Often what they ‘teach’ are theories that sound good versus proven techniques. Instead, invest time into the study of sales and marketing. The core skill of effective marketing (online this is often labeled as ‘traffic generation’), when implemented, will provide consistent profits.
Rob Toth: Rob Toth, author […]

Outsource As Soon As You Can

As soon as you can afford it, start to outsource. Not only will this free up time for more important business development tasks but by bringing in an expert (for graphic work, web design, copywriting, etc), you end up with a better presentation/product. Ideally you want subcontractors (or employees) working in the business while you […]

Are You Collecting Tools or Building a House?

Do you suffer from lack of focus? Learn to just say no to some of the new courses, products and fads being introduced. Turn down irrelevant ebooks, webinars and teleconferences. You don’t need to become a human library … you need to become profitable! If a carpenter were to spend all his time reviewing and […]