Learn how to run a business FIRST?

[KarlWarren]

Ok boys and girls, I think it's high time for some clarity... It seems that a lot of people fail to see the bigger picture when it comes to making money and running a business.

In this forum we talk about MAKING MONEY - in order to make money we must either:

a) provide a service
b) provide a product

What we must NOT do, is flit from "scheme to scheme" hoping to hit a home run...

Schemes and tactics are "additional means" with which to grow your business - if ALL you have is a "scheme" or a "tactic", you don't have a business...

While we might get lucky and make a small amount of money in the short term - the money will be spent, and the wolves will still be at the door.

It is true, that a house built upon poor foundations will most likely fall down. While the same house built upon solid foundations will invariably stand for hundreds of years.

If you're making less than you hoped to be making - when you jumped in 'feet first' into internet marketing - here's my advice.

Find a good book or course on setting up and running a business (including business planning). And I'm not talking about an ebook. I'm talking about getting a hard copy from Amazon or your local bookstore.

While you're at it, get hold of "The Richest Man in Babylon" - that book caused a paradigm shift in my thinking about money, the accumulation of it and also the way in which I handle it.

[Raygun]

You are right, you have to treat this like a full time business in order to get business like results. I think a lot of people that make their first product believe that they will strike it rich and break the bank with it. Many are often disappointed when they realize that it takes being pointed in the right direction and a ton of persistence in order to really see the long term dividends. I highly recommend that people read the book I have in my sig, I have no affiliation to the author or the book. It is one of the best books I have ever seen explain how becoming wealthy really works.

[tryinhere]

Originally Posted by KarlWarren

While you're at it, get hold of "The Richest Man in Babylon" - that book caused a paradigm shift in my thinking about money, the accumulation of it and also the way in which I handle it.

there are 2 key books i have / think and grow rich by Napoleon Hill and this one you mention, putting them together is very powerful stuff, good post.

[sloanjim]

The Richest Man in Babylon

Hmm it must be just me but I didn't get it. A kid walking around aimlesly trying to take his sheep somewhere. Some old guy telnig him to do this and that (it was a long time ago) I stopped reading after about 50 pages..what is the moral of the story? Maybe I need to finish it?

[Jamesyfws]

The moral of the story (The Richest Man in Babylon) is about learning to handle your money correctly.

[DanielleS]

Karl,
I couldn't agree with you more. I've got an article on 'fad marketing' I wrote around here somewhere, I'll post it when I find it.

-Dani