Many people learn the hard way what works and what doesn’t. Here’s some great advice that will help us avoid common mistakes made when starting a business.
“Growing up I was surrounded by entrepreneurs. All of my uncles on my mom’s side of the family ran successful businesses, and I learned that working for yourself was a great way to improve your lifestyle.
No surprise then that I now own a few businesses of my own. But I made lots of mistakes getting started, mistakes I could’ve avoided if I’d known a few things.”
Neil Patel
Neil believes these 17 mistakes are most important to avoid:
Unfortunately, there are no shortcuts in becoming an expert. It is not like the movie The Matrix. We cannot download a kung-fu program into our brains, and all of the sudden be a kung-fu master.
Mastering anything takes time, effort, and practice. While there are no shortcuts to mastery, usually the path to gaining any type of expertise is relatively straightforward. You simply need to be willing to walk the path.
If that is true then why is the world crowded with so many people who desire to accomplish something great, yet never even come close to their dreams?
Adventure is the number one reason people quit their 9-5 jobs to become entrepreneurs.
You sail away from all the rules and restrictions on you, to make your own schedule and to do everything on your own without having to work for anyone.
You imagine sailing for what you hope is a short time and landing someplace where the treasure is plentiful. To work smarter, not harder and longer. To be paid for the time you put in and the time your crew puts in for years to come.
How to Get Things Done – 7 Ingenious Ways to Accomplish A Goal
Ciara Conlon posted on Lifehack.org an inspirational post on how to gain focus and push ourselves to accomplish our daily tasks and goals. She outlines “7 Wise Ways” to do just that:
“It has to be one of mankind’s greatest challenges; staying focused in the fast paced, technology driven world we are living in. Information overload, a common phenomenon, work overload another. But staying focused is perhaps the best way for us to get things done and move forward with our lives and our jobs. So how do we keep our eye on the ball when it’s accustomed to bouncing around from court to court?”
Ciara Conlon
Ciara is a getting things done (GTD) fanatic. She is obsessed with accomplishing what she sets out to do and feeling as if she has done a lot each day. Here are the seven ways she says we can stay focused on each task:
In this blog post we’re going to get into the Nuts and Bolts of how Mitch can create his Online Business. He’s going to create an Information Product.
Mitch is going to create an Information Product about Fitness Training. This will allow people to improve at their sports and to become better athletes.
This blog post marks the start of a series of blog posts on how to make money online. More in particular, how to build an online business around your passions.
Please start by reading this blog post if you have not already:
I used to recommend that people start with Affiliate Marketing. That’s what my Google Cash ebook was all about.
What I don’t like about this model is that you don’t build a customer list. In fact you work hard to build someone else’s customer base.
For this reason I now think that the best way to start making money online from scratch, is to create and sell an Information Product.
Selling your own product gives you much greater leverage. You build a list of customers and you are able to sell to them over and over.
You can also allow affiliates to promote your product for you. And you are able to promote affiliate offers to your customers on your backend.
Information products are great because they are relatively quick and easy to create. And they have a very high profit margin. The reason is because it costs very little or even nothing to reproduce your product. Take an ebook for example. It costs you the same to create one ebook as it does to create thousands of them. It’s a digital product.
How To Make Money Online? Requires hard work …
I have to be honest with you here. Making money online and building an online business is a lot of hard work. There is no way around that.
But there is a secret. And that is that if you build your online business around your passions, then the hard work hardly feels like work. Instead you are doing what you would like to be doing even if you did not have to work for money.
The main purpose of this blog, the whole reason I put it online is to help YOU achieve ultimate freedom and true wealth.
I’m going to teach you how to build an online business around your Passions, Skills and Strengths.
I believe the best way to teach and learn this stuff is through a real-life, live case study.
Skiing Austrian Powder for the last eight days in a row has been epic! It’s been great to chase Mitch around the mountains!
I hope you enjoy the video above. It is a quick taste into skiing in Austria from my headcam.
Thanks to Mitch and Bibi for having me visit them! Mitch and Bibi are amazing human beings!
It’s so nice to see such a beautiful example of how to live life to the fullest. These two are an absolute inspiration!
Skiing Austrian Powder – a viable business model?
The main purpose of this blog is to help you build an online business around your passions.
So these “fun” little lifestyle videos I post are more of a diversion and really just for fun. I love doing this stuff so much, that’s why I post it here. Even though I know that you don’t really get anything out of it, except for maybe a little entertainment. And I guess that is important too.
However, to get back on track with the purpose of this blog, the next videos I post will be on how to build your online business around your passion, and not so much about me having fun.
I’m helping Mitch and Bibi build a Lifestyle Business around their passions. And I’m going to post case study videos here of how we do it.
One of their big passions is fitness training. So they’ve decided to create an information product around their fitness training methods.
I’ve actually been doing their fitness training the last few months. And thanks to it I was able to almost keep up with them in the mountains.
Hanging out with them and getting my ass kicked by them has motivated me to keep up on the fitness training. I really want to step up my skiing to the next level. I ski like a little girl compared to Mitch and Bibi. If my legs and core were stronger then I’d feel confident to go faster and and ski bolder lines.
In the video above, Mitch explains how he prepares to snowboard a big mountain line.
Mitch Toelderer is the Big Mountain Freeride Snowboarding World Champion 2011.
I’m super excited to be going to Austria to ski with Mitch.
I’m actually on the plane right now, on my way there.
Freeride Snowboarding in Austria …
Mitch has a little time before his 2012 Snowboarding Competition Season starts, and invited me to come visit him in Austria. I’ve been skiing and snowboarding for the last 15 years or so. And I really love skiing big mountain lines. Mitch is one of the world’s best big mountain riders.
Freeride Snowboarding World Champion 2012
Mitch also happens to be a fitness expert and attributes winning the 2012 world championship to his fitness training.
For the last couple of years I’ve been telling Mitch to create an information product around his fitness training methods. I know there are many extreme sports athletes out there who would like to step it up and get better at their sport. Mitch’s fitness training methods will help them do that. I’m going to help Mitch create an Information Product.
And I’m going to case study the entire process here on this blog.
My hope is that you can follow along and do the same for your self.
And while I’m skiing with Mitch I’m going to be picking his brain about big mountain riding.
Hopefully some of his big mountain riding skills will rub off on me. :-)
In return for his help, I am going to help him create an Information Product that he can sell online. Seems like a good trade, don’t you think?
To end this post, checkout some of Mitch’s amazing big mountain freeride snowboarding lines.
What do you think of freeride snowboarding? Is it something you would be interested in? Let me know in the comments below!
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There is a “secret” to starting a successful online business. The secret is that success can be duplicated. We can reverse engineer the methods used by other successful online businesses and use their systems in our company. If a company is succeeding it is likely because they have developed, documented, and fine-tuned their business systems.
I’ve been getting lots of emails from people asking if I could share more of my tow-in surfing and skiing and adventure videos.
This surprised me because my blog is here to help you. I was surprised to see that so many of you wanted to see more of my action videos.
My friend Mitch made this video above of our tow-in surfing session we had several weeks back.
It shows the tow-in experience and what it is like.
The day before the big swell, we are all nervous. We sit around the computer looking at the swell charts, wondering what the monster swell is going to look like.
The day of the “big day” we wake up at 4 am and prepare. Everyone has their own little ritual to get ready.
I do yoga and eat a good breakfast and double check all of the equipment.
My friend Stan has his lucky white shorts that he always wears on the big day.
In the dark as we prepare the jetski and get ready to launch from the beach, we are all a little quiet, and nervous.
Recently, on the Kajabi blog, I found a post entitled, “’Information Marketing’ Demystified”, which I took an instant interest in. The author attempts to clarify some of the confusion surrounding information marketing.
He starts about by giving us the true definitions of the terms “information marketing” and “information products.” Millions of people are making money selling information online so let us demystify the process …
It’s very important for me to be as FIT as possible. It makes everything much more fun!
It makes me feel light and strong and gives me tons of energy to practice my favorite extreme sports like: skiing, snowboarding, surfing, kitesurfing and dirt biking.
Fitness can become complicated …
I’ve tried all sorts of different fitness programs, and they’ve always fallen short for one reason or another.
Finally I found a killer fitness program that I can do anywhere, anytime, and without a gym. I’ve shared the program with you here. Watch the video above, and print out the PDF document below which explains the circuit and each of the exercises in greater detail …
This workout program was created by my friends Mitch and Bibi Toelderer. This amazing husband and wife team are both professional snowboarders. In 2011 Mitch is the Freeriding Snowboard World Champion.
Life isn’t easy or enjoyable when you are unemployed and depressed because of it. You may have a job you hate and you’re stuck in that trap. You may not like following orders or working for other people. Perhaps it’s time to get your dream job?
There are many people that can relate to those feelings. Luckily there is a proven solution that nearly anyone can implement to create their dream job …
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