I talked about the importance of business systems in the last part. In fact, I pointed out that your system IS your business. In reality, a business is nothing more than a pile of step-by-step procedures that when followed by you and your partners, employees, contractors, and vendors results in profit. It’s really magical if [...] Read more »

What is an Internet business? Some look at a web site and call that an Internet business. But that isn’t correct. A web site is an asset of a business just like an office chair is an asset of a business that has an office. Some look at the legal documentation and say, “That’s the [...] Read more »

There is one salient difference between successful entrepreneurs and failures. Successful entrepreneurs stick with a proven plan until they succeed. Failures quit. It really is as simple as that. If you set off on a trip from Los Angeles to New York, you will succeed if you: 1. Follow the map. 2. Don’t get distracted. [...] Read more »