Internet Business Success, Entrepreneurship, & Lifestyle Design
This is a true story. I read the book over two years ago and worked like a dog to put his ideas into action. Now, I reveal exactly how it went down in my Five Part Series on the legendary Four Hour Work Week… New to this blog series? Be sure to read Part 1 first here: My Four Hour Work Week Story Part One. Reading Books and Chasing Fairy Tales I started my first business in college. I sold used books on Amazon.com at a markup and made a pretty decent monthly income. I was never going to get
This is a true story. I read the book over two years ago and worked like a dog to put his ideas into action. Now, I reveal exactly how it went down in my Five Part Series on the legendary Four Hour Work Week… Although most of my writings here at JasonClegg.com tend to cover entrepreneurship and Internet Business topics, I consider these “lifestyle design” issues (a term coined by Ferriss) extremely important. How we approach our work is almost as important as the very work we do since it defines how we live in this very strange post-office world.
This past weekend I read a book that has already begun to shape my thinking significantly – The Magic of Thinking Big by David Schwartz. I actually came across this over a year ago in the “recommended reading” list inside Tim Ferriss’ popular Four Hour Work Week. If I remember correctly, this was Ferriss’ top reading suggestion in his original edition. Let’s just cut to the chase – The Magic of Thinking Big is an incredibly valuable text for anyone looking to rewire their thinking patterns in the direction of success. Entrepreneurs beware: This book is going to change your
What is the #1 factor that predicts the long-term success of any business? Systems. Of course, I’m talking about long-term, the big picture. This is not to say that a great system is all you need to make boatloads of cash. Sorry, folks. Customers and consistent sales are crucial factors. I’m talking about the importance of systems in taking a business from something that works to something that’s scalable and sustainable. I hate to do this, but it’s just too obvious to avoid. Let’s look at the McDonald’s business system. I know, I know. Been there, done that. Business School
“In business, you’re either growing or you’re dying.” Ok, perhaps it’s not that simple. Business growth is hardly a 100% up or 100% down situation. That said, we should all take this idea to heart when thinking about any type of entrepreneurial project. Obviously, we all want growth. No disagreements there. But how do we get it? When do we get it? And, most importantly, how much of it should we be getting? To make things more interesting, web business growth can be an especially tricky matter since the size of your niche or marketplace can be a bit difficult
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