Safe Rule of Thumb for ANY Business Endeavor
The more money [up front] you invest in yourself, the less time that you’ll be shackled to your venture. The less money you are willing to you invest in yourself, the more time you will spend [exponentially] to overcome lack of funds.
In a nutshell, you can actually become quite successful on the Internet - generating a modest four figures a month - with virtually no out-of-pocket expenses. However…
Do plan on exercising Due Diligence and spending thousands of hours.
Hence, why it is critically important to choose something that you are 100% *absolutely* passionate about as the end-consumer hobbyist!
I apologise if the blunt truth of the matter ‘takes the wind out of your sails’ - but, I wish someone was this brutally honest with me years ago!
“This will increase your profitability substantially, while cutting down your work load!”
Labor Replication
The closer you want to get to all of that free time and boatloads of money you’ve indubitably been promised time and time again, the more closely you must examine exactly what it takes to become as digitally automated as possible! Which also takes into consideration creative opportunities such as outsourcing, viral e-marketing and B2B JV barter.
One very excellent example is the awe-inspiring power of autoresponders. Depending on your particular approach; a deftly-crafted autoresponder series can cultivate long-term customers, clients, subscribers, etc. only if the information you are divulging is high-quality.
Another prime example is a genuinely high-quality, PLR e-book. Especially if these can be re-branded, featuring your downlines’ primary Web venture.
Perhaps a Strategic Joint Venture Alliance or a Member Site in which you provide your members with a step-by-step plan of action and everything they need to achieve their own success, online [tenacity not withstanding, of course]!
In each of these examples, the Principle of Labor Replication [another demonstration of leverage] is invoked - your one and only Way to *consistent* Internet Success regardless of your offerings. However, if you are not willing to actually put forth the effort and initially act upon your knowledge, then this will merely be entertainment to you.
Next - Applying due diligence to your internet enterprise.
Go back to the first post in this series.
Psst!...Have you Heard the Buzz?
