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| | #1 |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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After reading a recent post by Steve W. the topic of "building a business" came up. As always, one hears about spending your time effectively building YOUR business online. The reasons are obvious as to the reasons behind this, but the underlying questions loom for most...HOW? Doing WHAT? To some the thought of building a real business is overwhelming. Although the process itself is rather simple, knowing what kind of business can be downright terrifying. "What if I spend tons of time building the wrong business?", "What if I spend all kinds of time and it fails?", are questions I know I asked myself. Heck, I got to the point where I would consistantly talk myself out of an idea because I was afraid to waste my time on something that I couldn't properly guarantee would work. So I did nothing. The fear of not knowing what to pick for a business was causing me to not do anything. I knew the HOW, but not the WHAT. I spun my virtual wheels for months on end. In the end, my business picked me. We have all heard of the "do what you enjoy" mantra, and its true. I used to sit down and write down what I enjoyed, it just took me forever to piece my notes together to find the right thing. In the end it comes down to passion. I tried tons of strategies, I learned as much as I could about everything so I had the confidence to start a business about whatever I wanted. Although this added to my dilema, it also opened up my options. In the end, my business found me. Everyone stresses the business building aspect of IM, and I could not agree more, but not many talk about the process. Looking for ways to make $$ is great, and I actually encourage people that have yet to make $$ online to go out and try multiple strategies as you will learn quickly. But short term success should be the fuel you need to begin building a business, otherwise you will be a pinball bouncing from one thing to another and ultimately be selling yourselves short. Only you can tell you what your business will be. Once you have a strong educational base of the basics, ultimately your own twist on things combined with what YOU are passionate about will be the answer. The next big system is not YOUR business, but just a strategy you might employ to help you grow your business. If you are buying anything and everything looking for a business, you will be dissapointed. If you buy something to learn and help grow your business, then it will be worth while. My point is this, the "build a BUSINESS" phrase is dead on, but no one but you can determine what that business is...and you wont find that answer in any report...you will only find strategies to grow your business and the education to take it to the next level. This is just an opinion, and I reserve the right to be wrong . Plus I just woke up and had to download some thoughts before my head explodes.(lol)~keith |
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| | #2 |
| Writer Extraordinaire War Room Member Join Date: Dec 2006 Location: Scranton, PA, USA.
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As you can see, Keith's business of selecting really relevant keywords is booming! j/k When it comes to the learning phase of doing business, there comes a point where you have to pick something. That's the part many people sweat about. Don't sweat it! If it's wrong, you'll know fairly quickly. The easiest way to narrow down your focus is by identifying your main strength, your "core competence". Taking the one thing you do best and making it the main way you make money is the surest road to success. |
| "The will to prepare to win is more important than the will to win." -- misquoting Coach Vince Lombardi | |
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| | #3 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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| Quote:
Those ARE my target audience.![]() keith | |
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| | #4 |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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Keith, this post I'm about to make is going to bring the slings and arrows for sure, but this needs to be said. Internet marketers can be a bunch of sanctimonious, self righteous people. John Doe works 9 to 5. He has a decent job but could use an extra $500 a month to help pay for that car payment. He doesn't need much more than that and certainly has no desire to start a REAL business. John Doe is a perfect candidate for some simple methods that could easily earn him that $17 a day that he needs WITHOUT building a REAL business. We need to get off of our freaking high horse and think that the only way to make money online is to build a REAL business. It is NOT the only way and it is NOT for anybody. Heaven knows, John Doe has no desire to start doing massive keyword research, setting up hosting, getting a domain, creating a product. Sh*t the guy hasn't got a clue what the f*ck to sell and can just about turn on his computer. And you want him to build a REAL business? I'm so sick and tired of marketers pushing their "right way or no way" beliefs on people. And yes, I used to think this way until I REALLY listened to some of the people who would write to me and tell me that they're working 10 hour days and don't have a lot of time. All they want to do is make a few extra bucks a month. Is that so wrong? For crying out loud. Can we stop telling people what we believe is the gospel just because we have something to sell to them to do this? Now I know I'm going to hear bloody hell for this post but you know what? I don't give a sh*t. I'm tired of the self righteous crap that marketers throw at others. If somebody comes to me and says they need to make $20,000 a month, then yes, the NEED to build a real business. But if they tell me they just want to earn a few bucks, then for crying out loud...let them do it. It felt quite good to get that out of my system. Now you can all take your shots at me cause I ain't listenen. |
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| | #5 | ||
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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Steven, As far as sanctimonious and self rightous I will take your word for it since you know that area better than me. First off, I know that not everyone is looking to start a "Business" and may only be looking for part time income. HOWEVER, my post was not aimed at them but rather those that intend to either do IM full time, or grow something part time to full time. If you notice in my post my phrase Quote:
So before you spout off at the mouth and interject some non relevant BS that has nothing to do with anything except for having yourself heard, think next time. Instead of ranting the way you did, why not either talk about those who are not looking for a full time IM career(which would be another post since this one isnt about that crowd), or interject with something positive? But to come on a thread, talk crap, then say Quote:
My post was not intended to TELL anyone what to do, but rather to give some advice based on my experiences. Anyone who knows me knows that I have never ONCE talked as if my answers were the be all end all to their problems. I am glad you got your rant out of your system, and if belittling someone who offers OPINIONS is your way of making yourself feel good, then I hope it worked and you feel better. For someone who is such a great marketer and helps so many people, you can come across like such an ass. Again, I was addressing those interested in starting a business full time. Next time, if I offer any form of opinion, I will ensure to run it by you first ![]() ~keith | ||
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| | #6 | |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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Keith, this post wasn't directed at you at all, but you brought up the post that I had made and if you read that thread, you will know the people I am talking about. Sorry if you took this as an attack against you. It wasn't. I should have made that clear in my reply. The people I am taking my shots at know very well who they are. Please accept my apologies. You were the last person on this forum that I was referring to. | |
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| | #7 |
| Stephen Marsh War Room Member Join Date: Dec 2007 Location: Mayberry,RFD,USA.(really!)
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Nothing like a nice "warm" thread on these cool Autumn mornings... Steve |
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| | #8 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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The only reason I brought up your post was because of the replies in regards to people telling others to focus in on a long term business, and not addressing the fact that its not always that easy to do that. I apologize as well for going off. I respect the advice and opinons you share on the board, which is why I got so pissed. All is well in the land of Warriors. ![]() keith | |
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| | #9 | |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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Actually, I wish you HAD posted this there because it would have actually reinforced what I was trying to do. Building a business is hard work. And not only that, some people don't have a clue where to begin. BUT...they do know how to follow some simple "do this, do this and do that" instructions that just might help them pay off that car payment at the end of the month. Why does everything have to be all or nothing with marketers? Why can't some people just do this as a part time gig to make some extra cash? It's like the rich people looking down on the middle class because they drive a Honda instead of a Mercedes. It's just BS in my opinion. | |
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| | #10 |
| Banned Join Date: Aug 2008 Location: UK
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hi, look at what you do est and try start a business around this, whether its article writing or buying & selling websites..whatever it is if your good at it you will enjoy it. |
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| | #11 |
| FabianTan.com War Room Member Join Date: Nov 2006 Location: Singapore
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The truth is that the majority of people do not know what they want. They don't know if they want to build a REAL business. They don't know if they want to stay at their day job. They are conflicted. They are not even sure if they are in the right job. Many people enjoy flick through the classified ads every week looking for a 'better' job because they think their job sucks. If they could build a real business and make more than what they do at their day job, they will probably do it. But they don't know that. Many people live their lives with no concrete goals and basically just drift through life. I don't think ANYBODY, if they are clear about what they want, would prefer working 10 hour days at a job they hate, than creating a successful business. Do you know the majority of people WANT to start a business but just 'haven't got down to doing it'? Fact: The world is full of people who are confused and in denial. Fabian |
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| | #12 |
| Warrior Member Join Date: Oct 2008 Location: Coconut Creek, Florida
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Hi Keith, I think one needs to build a business around what you are interested in plus what seems to be the major issue in our society. For instance, I am a retired health administrator. I have tried to specialize in that. However, it did not succeed so I switched to the number one concern of our nation today - the economic crisis. Through my sponsored by PIPS I am trying to provide people credible home based business opportunities. Like you mentioned, one has to experiment. However, there is the need to take into account what the prospective buyers are most interested in or what their greatest need is. |
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| | #13 |
| Wombat King War Room Member Join Date: Sep 2003 Location: , , .
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Steven, I have run a "real business" in the form of an e-commerce shop and just "making money on the Internet" as I am doing now. I honestly could not see any difference in terms of earnings and durability. Except to say that I work far fewer hours now and enjoy it much more than when I was involved in a real business. In fact in the end, I hated that "real business" However, I would agree that if I ever want to make huge amounts of money with a short period of time, I would have to go into e-commerce again. -Derek |
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| | #14 |
| Karim Join Date: Jul 2008 Location: New York
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For Each individual it may be different. Individuals should ask themselves the question what would be a business where I can earn income, enjoy and is compatible to me?
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| | #15 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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On the same note, I have seen many people start somthing as simple as a blog based off of a hobby turn into a business, or sold for obsene money. Experimentation is important as well, which adds to the confusion for most and the lack of starting anything. There is no one answer for all, it has to come from inside the individual, but that is the key...knowing that there isn't one product, system, or strategy that fits everyone...its more on how you apply those to YOUR goals. keith | |
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| | #16 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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~keith | |
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| | #17 | |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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The key word there is "goals". Everybody's are different. My uncle, who ran a successful electronics business for years, is now retired. He wrote a book on finances and just wants to sell a few copies. He doesn't want to go through the hassle of "workiing" again. He wants something quick and easy. So I gave him something to do that takes him all of 15 minutes a day and let me tell you, in this crappy economy, he's making sales. Not a ton, but more than a lot of people who are beating their brains out trying to build that "real" business. Will they someday pass him? Of course they will if they keep at it. But it isn't what he wants. He wants to enjoy his retirement and sell a few copies of his book. | |
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| | #18 |
| Senior Warrior Member War Room Member Join Date: Apr 2004 Location: , , .
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Now, wait a minute here. I am a little confused. What do you guys mean about building a business? I have sites and I am doing affiliate marketing with these and am making a constant income now. So, would you guys call this a business or would you just call it umm, a short term or temporary thing? What am I supposed to be doing when I want to build a REAL business. Building sites?? selling affiliate products? or what? Sorry for being so thick headed but I just dont understand how to go about building a REAL business. bye, faraz |
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| | #19 | |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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business is. For some, what I do, is NOT a real business, even though I make 6 figures a year. Why not? Because I have put together a bunch of odds and ends to get to where I am. I do affiliate marketing, create my own products, do some service stuff, freelancing, etc. I have so many models, I'm all over the place. And yes, maybe it's not the most efficient thing in the world, but I enjoy it and it works for me. So who is to tell me that what I'm doing isn't a real business? Bottom line: Do what you're comfortable doing and don't worry about what other people think. | |
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| | #20 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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If affiliate marketing is something you enjoy, then it appears you are heading down the right path. Having and building a network of sites that produce steady income is most certainly a business IMO. keith | |
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| | #21 |
| Senior Warrior Member War Room Member Join Date: Apr 2004 Location: , , .
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Very well said, Steven. I will just keep doing what I do best. It just seems that we are creating useless stress for ourselves when we try to do things the "right way" and it seems that everyone has his own version of the "right method" . |
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| | #22 |
| Always ready... War Room Member |
Mmm love this... heats me up... ![]() there is more to this gentlemen... much much more... ![]() Tommy G, needs extra money... but only wants to watch sports on tv. Genna P, would like to work from home and take care of her newborn. Carl J, is an artist and would like to be able to make a living of his passion. John S, is a salesman and knows in his bones he would do much more with the right product instead those fat and ugly encyclopedias. There is more to that because the "so that" game was not used to this niche yet (I'm on it... ). Everyone would do himself/herself a favor trying to build a business. The thing is: the building of the business is unique to each one. In practical terms, it means to have a biggest picture in mind while attacking the next target (hum... I'm talking as a warrior already... makes me remember last year Halloween party... ). That weeds out a lot distractions and help you take decisions.Hum... I had a loong night last night and need to wake up... any takers? ![]() LOL RDG |
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| | #23 |
| HyperActive Warrior War Room Member Join Date: Sep 2007 Location: New Jersey, USA
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Keith, I have to thank you for starting this thread. All the points you have made are exactly what I have been struggling with. I have the necessity to earn more/extra money. But I know intuitively that building a business for the long term is both practical and wise. My choice is to build a business for the long term. Something that allows be to be full time at home and be flexible enough to accommodate my interests and needs. The necessity stems from struggling to rub two nickles together at times. So a plan to at least alleviate some of the pressure would help a lot. But that is not what I want to do. It would take an awful lot of time and resources to build something with a strong foundation, but that is what would be best to do. The problem I find is there is a lot of conflicting information. Mostly from opinions of what would be an intelligent approach to starting a business. I have seen this posted before in the forum - Only you can decide what it is you want to do and only you can choose your business model and strategy... and you shouldn't follow someone else's model because it may not be right for you. OK. I can agree with that but.......... Where can I learn what types of models and strategies are successful without me spending all my time learning on my own? I understand the importance of learning, don't get me wrong. My point is, if I or someone else doesn't know where to start, then how can someone learn to build a solid foundation? I just wanted to validate, from my perspective (disclaimer ) the pointsyou have mentioned. All the best, Kevin |
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| | #24 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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I hear you, and trust me, I know your frustration. Unfortunetly the answer to your question is clouded. A business can be whatever you want. I understand the need for some immediate cash and encourage learning techniques. They are edcuational AND help relieve some $$ pressure. I would be willing to bet though, that as you develop small systems that work for you and are immediate, that you can then take that knowledge and apply it to something with a strong foundation. Ultimately, although if your goal is a business, then a foundation is not poured overnight. It takes time and experience...gained from trying different things. As you "experience" success in the systems you try, that will kind of push in a certain direction. To me, my first obstacle was belief. Even though I READ that people made money online...I didn't so I had to see for myself. Once I confirmed I could do it, I moved on and tried many things. Those things that I tried helped me know what was out there and how it could work for me. Once I was comfortable and confident that I COULD do it...then I set out to establish a business. I didn't give up my little ventures at first as they brought in $$ and I learned a ton from them. Rushing into anything is most likely wrong, when it comes to a business. BUT, as I stated, business is a mindset more than anything. Its all about goals and working towards them. Short term projects and successes will be the fuel to keep you moving towards an ultimate business goal. I wish I could answer more clear, but I can't. I can say that for me, it happened when I wasn't looking. I used to sit down and focus on "what type of business to run" and all I did was get frustrated. When I took a few steps back, looked at my situation from an outsiders view...then it hit me like a brick. I know this ramble doesnt answer your question, and I am sorry, but there really isn't a definitive guide...and the timing is important as well. In the meanwhile just continue to try things, learn and have fun making some extra cash. Yes, IM can be very fun, and the more you enjoy it, the more you will make. keith | |
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| | #25 | |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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And therein lies the crux of this whole problem. Everybody is going to have a different idea of what is a "solid" foundation but the truth is, there are many things you can do online to earn money. How much money will depend on what model you choose. Nobody could possibly list all the things you could do to make money online because there are just too many. Here is just a very small sample: Sell ebooks Sell physical products Sell your skills (such as copywriting, programming) Take surveys Participate in focus groups Put up Adsense sites Do CPA Create a forum such as this one. (Bet Allen makes a killing here) I could go on and on and list a hundred things you could do off the top of my head...all of which would be valid. And then, there is the list of ways to get the word out about your "business" unless of course you're taking surveys or participating in focus groups. Then there is no promotion involved. You just keep an eye out for the opportunities. The problem is, what you're looking for, doesn't exist. Not really. Sure, you can buy somebody's "method" in the form of a home business course, such as Nitro Marketing Blueprint, but that is just ONE method. It may or may not be right for you. So instead of looking for a list, why not look to see what other successful people are doing and emulate their model, if you can. Now, in some cases, this is easy. You can follow their whole process by looking to see where and how they advertise, opting into their list and then following their offers through the funnel process. In other cases, it's not easy because some people are into so many different things (like me) that you can't possibly figure out their whole business model. Pick something. Anything that you feel comfortable with. If you don't know anything at all, then get one of those courses. Do some research on it first to see what the feedback is on it. If it's good, then there is at least a decent chance that it's going to help you. That is really the best advice I can give you unless somebody has better. | |
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| | #26 | |
| Warrior Member Join Date: Oct 2008 Location: United States
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I've not created my own business yet, but it is goal. And my philosophy is that when you create a business, it already has an edge over the money-making strategies talked about in this thread: it is unique and in sense indispensable (at least to prospective clients). Uniques businesses I believe can be more valuable, because they are not created from a cookie cutter and thus cannot be outsold easily. | |
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| | #27 | |
| Always be learning War Room Member Join Date: Sep 2007 Location: Kitchener, Ontario, Canada.
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| | #28 | |
| Blue Collar Marketer War Room Member Join Date: Sep 2006 Location: Taxachusetts
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Then one day, when I stood back and looked at all of those experiences combined...it all made sense. BUT I needed all of those to make what I do know work. If anyone of those were missing, I might not of seen it. I am no pro at for example, copywriting and SEO, but I know enough about it to know when I am over my head and need to outsource. So by learning a little about a lot, I was able to focus my energy where I needed to for ME. And yes, every business is unique. Actually, that should be a pre-requisite of a business. Not to say groundbreaking...but different with your own twist to stand out above the others for one reason or another. keith | |
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| | #29 |
| HyperActive Warrior Join Date: Aug 2007 Location: Southwestern United States
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For us building a business was finding some area we could make a start with and then simply adding to it. We started online with an ecommerce store, built it up and then sold it for 3x what we paid for it. We work on digital products, but really have gravitated to ecommerce and setting up one store after another in a quality way. We use affiliate products stores and dropshipping. You just have to decide what it is you really want in your life and then decide how bad you want it. |
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| | #30 |
| Warrior Member Join Date: Oct 2008 Location: United States
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| It couldn't be said better. I think that being successful means sticking to what you love to do--so that you don't regret it later in life. I'm starting up my own business slowly, and it's the passion that keeps me going. I think I would be depressed and hopeless if I couldn't go after this dream.
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| | #31 |
| HyperActive Warrior War Room Member Join Date: Jun 2005 Location: North of the 49th
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Build Systems first, then you'll discover your business will build itself auto"magic"ally via multiple drip-fed revenue generating units.
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| | #32 |
| HyperActive Warrior War Room Member Join Date: Jun 2005 Location: North of the 49th
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| | #33 | |
| Money Grows On Trees... War Room Member Join Date: May 2006 Location: In the trenches...
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| | #34 |
| coffee anyone? :) Join Date: Nov 2008 Location: Aberdeen, Scotland
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Love it, agree so much! its every bit as pleasing when you help some1 earn an extra £500 to pay their mortgage. If thats their goals and they reach it then great.
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