In an interview about his new book in the latest issue of Fortune, 50 Cent hits on exactly what's wrong with 95% of independent online businesses: People...live too much in the now. They go for what makes them comfortable right then instead of the future. His co-author continues: Whenever he has a business decision, he doesn't concern himself with the upfront money; he's thinking three years down the line. Too many ... Keep reading »
When you're trying to make enough money online to quit your day job, few things are as helpful as spending some time talking with someone who's done it. Alan LeStourgeon from Affiliate Confession is one of those guys -- and one of the good ones. He was kind enough to take some time right in the middle of packing for his vacation to let me interview him about ... Keep reading »
Many people believe that if they show only partial posts in their RSS feeds that more people will come back to their site to read the whole thing. Dumb. Let's suppose for a second that your content is as good as Shoemoney's or Aaron Wall's. Know what they found when they went to partial feeds? Same thing that everyone finds. People hate it, and they let you ... Keep reading »
Trying to rank well in Yahoo! can be frustrating (to say the least). I know people who have tried for years to rank well -- and who own top spots for major keywords in both Google and MSN -- but who have had zero success at all with Yahoo!. Here's why. For at least some industries and/or keywords, the top spots are reserved for those who are paying to be there. Yahoo! provides this helpful illustration:... Keep reading »
I've blogged about Elite Retreat many times, because it has changed my life significantly more than once. So when I saw Keith's post about Reasons Not To Go To a4uexpo, I decided I would sponsor someone's trip to a conference -- someone for whom, like me 2 years ago, it could be the tipping point that moves them from day job to 100% online. What conference would be best, though? I'm highly partial to ... Keep reading »
Back in May, Jeremy Schoemaker said: The more success you have in business the less opportunities are available for you. I just didn't buy that, though, because my experience had been completely the opposite. Since selling my site, I had just been finding opportunity after opportunity. They were literally endless. After awhile, though, my experience began to be the same as his: There are an extraordinary amount of opportunities to make ... Keep reading »
Today the U.S. capital gains rate stands at 15%. That means if you sell a business that you've owned for more than a year, you owe the government 15% in taxes -- $150,000 on a $1,000,000 sale. Obama wants to raise that to as much as 28%, though. So to net the same amount with a 28% rate as you do with a 15% rate, you'd have to ... Keep reading »
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