Reverse e-commerce, affiliate marketing, social media, QR Codes (video)

Here is an interesting interview between Chris Brogan (www.chrisbrogan.com) and Marc Ostrofsky author of Get Rich Click!

Takeaways:

- From a business standpoint, social media is just another way to build a list

- Some examples of  how to use QR Codes

- 2 ways to start a business when you don’t have your own product: reverse e-commerce (sell a product, collect payment, buy it, and then ship it) and good old affiliate marketing (get a code to sell other people’s products for a commission)

Posted in Business Ideas | Leave a comment

Are you reluctant to learn Google+? Not another social media tool… Funny 2 min video

If you’re like me, you were probably resisting learning yet another social media tool. I think I’b better rethink that! This short video made me change my mind…

Posted in Sales & Marketing | Leave a comment

7 Traits All Successful Entrepreneurs Have

  1. They think big
  2. They believe in themselves
  3. They have a vision
  4. They are action oriented
  5. They are focused
  6. They make no excuses and never give up
  7. They are product and customer focused – Steve Jobs, Michael Dell, Ray Kroc, Sam Walton etc.
How many do you have?

Posted in Entrepreneur Mindset | Tagged , , | Leave a comment

Are you waiting for the economy to change? (video)

Here are a few nuggets of wisdom from the great Jim Rohn included in this short 7 min. video:

  • Profits are better than wages
  • Success is something you attract by the person you become
  • Your income is directly related to your philosophy, not the economy
  • Don’t search for the exotics until you discover the basics
  • Can you reach the high shelves? Or, are they out of reach?

Posted in Entrepreneur Mindset | Leave a comment

7 characteristics of an ideal business opportunity

  1. Something you are passionate about and you know there is a market for.
  2. Focuses on a specific niche that is small enough for you to become known in and where you can have a clear and distinct position in the marketplace. Once you’ve mastered it, you can expand around it.
  3. Low start-up cost, so that you can self-fund it.
  4. Low fixed costs i.e, costs that you have to pay even if you don’t have any sales such as rent, salaried employees and vehicles.
  5. Offers a product or service that regularly needs to be purchased.
  6. Don’t need to offer credit (accounts receivable) or maintain an inventory
  7. Something that gives you full control over every aspect of the business such as product offering, pricing, promotion etc.
Posted in How To Select The Right Business | Tagged , , | Leave a comment