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03-15-07

Become an Expert at Something, Then Duplicate It

Most of the people I talk to on a daily basis are not seasoned business owners.  Most of them are brand new to the internet, search and business in general.  Often times it can be frustrating when trying to help some of these people see the vision of what this business can grow into.  I have some simple advice that should help those on the fence with this.

When starting out do not bite off more then you can chew.  If I am brand new to this business I am not going to try starting a dating site (I am speaking from experience), or think I can create an Amazon, or eBay.  I am going to start with a niche product line, or idea and grow it.   Even if the site I start with can only generate me 500 bucks/month, I have learned how to create something that makes money and I will duplicate it.  I will toss out ideas that have lost money and move one.  Most familiar with business in general know that there will be failures, so giving up after one failure is not an option for true success.

Once you become an expert at something then you can build on that, duplicate your efforts and grow your business.

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Posted in Personal // (2 Comments) +
Eric E. Smith,

Good post - I do freelance programming as a day job and get this all the time. People want to start the next YouTube or Facebook without the first idea how to run a successful internet business (or how much the technology behind those sites costs to develop and run).

You have to learn how to make $10 before you can learn how to make $1000…

Nate Moller,

Amen! I had a client that wanted to compete with eBay! After redirecting his thoughts there, his next idea was to compete with Google, Yahoo and MSN as a Search Engine for online business opportunities. Again, I did my best to help him focus and narrow down a niche. Unfortunately, niche marketing was something he was against. “What are you thinking?” I kept asking myself. “Do you have the money to market like eBay or the knowledge and backing to even touch the big search engines?” The answer was a simple - “Not yet!” I would never want to say a complete No to ideas; however, the best things in life take time to develop. It’s like a newborn baby - they took about 9 months to develop, then another couple years to even say anything, and the rest comes with time. I like what you said, “…learn how to make $10 before you can learn how to make $1000.” Small Success leads to Big Success!

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