Business Ideas

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A Call to Action for Women Online

Written by Marc on April 7th, 2008 with 12 comments

I was participating in a brainstorming call this morning with a group of women that are members of the Passion Project blog.  During our conversation an interesting thing came up:  there are not a lot of women gurus online.

Honestly, I had never thought of that before.  When I think Internet guru, I can really only think of men such as Frank Kern, Jeff Walker, Andy Jenkins, Rich Schefren off the top of my head.  When it comes to women gurus, unfortunately, I really cannot think of anyone.

What does that mean for you ladies out there?

Opportunity.

I am always big on finding the next big opportunity or idea.  Well, this is not something that I can take …

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One Asset Per Day: My Business Commitment

Written by Marc on March 25th, 2008 with 5 comments

One Asset Per Day Over the past few months, I have seen explosive growth in my business, but I have hit a wall.  You see, instead of building my business by creating more websites, I have been just riding the wave of my success.  Though that has been great, it is time for me to focus on building my business.

Originally when I quit my day job back in September, my goal was to build web sites and to keep them or sell them based on the income they generated.  Sadly, I haven’t sold one site at all.

Also, back in …

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Your Biggest Asset

Written by Marc on February 4th, 2008 with no comments

For all of my readers out there who are in business, entrepreneurs, or business owners, what is your biggest asset?  No, it is not your business, your real estate portfolio, or the twelve cars that you drive.  Rather it is something that is attached to your neck.  Can you guess?

Your head.  Specifically, your brain.

Now, you might not be able to assign a monetary value to your thoughts, but consider this:  where did you get the idea to get into business, or what product or service your business should offer?

Yes, it is your brain again.

Now, I don’t mean to beat a dead horse with this notion, but as entrepreneurs, we turn our thoughts into cash on a …

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The Truth About Your Competition

Written by Marc on January 24th, 2008 with 1 comment

I have been spending a good portion of my time lately networking and participating in many discussions about business.  I feel that this is a great way for me to learn and see different perspectives that may be able to give me an edge in my business.

There was a particularly stimulating conversation this week in one discussion regarding your competition.  Now, the discussion was relating to online businesses, but to be honest, it can apply to traditional brick and mortar businesses.

It basically comes down to this: you can look at your competition from two different perspectives. 

Perhaps the most common perspective is this: your competition is your enemy.  They take your business away from you, take your …

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Presentation is Everything in Business

Written by Marc on January 22nd, 2008 with no comments

I don’t want to start out sounding shallow, but looks are everything when it comes to a first impression.  Think of a restaurant – if you see dirty tables, get dirty cutlery, or see hair in your food, will you be coming back?

I sure wouldn’t.

It is the importance of how your business presents yourself that will either make or break your business.  You may have the best product, offer the best customer service, but if you make a bad impression, no one will care about your strengths.

This reminds me of a lesson that I was taught at my first job twelve years ago.  You see, I was working at a doughnut shop in town and I was …

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Evolve or Die: Saskatoon Fast Food Restaurants

Written by Marc on January 9th, 2008 with no comments

With the boom that Saskatoon has been experiencing over the past years, there have been some serious changes in the employees in town.  You see, the "good" employees have moved from the entry level jobs (such as fast food, retail sales, etc.) to higher paying jobs.  With their glowing resumes and references, they have had no problems getting new jobs.

The result of the good staff moving, has left a void to be filled by the mediocre or poor employees.  Taking a look at the help wanted signs down every street, the businesses are in a position where they need bodies to work, so they hire these people that don’t do a good job.

The result of this …

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Leasing Rental Properties

Written by Marc on September 6th, 2007 with no comments

Yesterday, while driving down the road, I came across an interesting sign.  It was a sign from a local commercial leasing company who was offering to build whatever building you needed, provided you leased it.  Now, you might wonder what was so interesting about this, but one of the items on the sign caught my eye:  rental.

Now, I may have read the sign wrong, as I would expect to see “retail” on the sign.  That aside though, it did give me a good idea – leasing rental properties.

I am not thinking of this in the traditional sense where you get your tenants to sign a lease for X amount of months.  Rather I am thinking of it from …

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Why You Need a Joint Venture Partner

Written by Marc on July 19th, 2007 with no comments

I think the title of this article is self explanatory ? at some point your business or organization may need a joint venture partner.  Why?  Below are four common reasons why you might want a joint venture partner:

Lack of Expertise

You may have good skills but are lacking in certain areas.  In my case, I am good at seeing the big picture and designing websites, but I lack content creation skills.  So, I went out an found someone to partner with who excels at writing and complements my skill set.

Lack of Capital

Perhaps you have some inside information on where to get a screaming real estate investment deal but don?t have the money to take advantage of your good fortune.  If you …

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Fear of Success

Written by Marc on June 23rd, 2007 with no comments

Now, this may seem a little weird for a business opportunity blog, but it is something I suffer from.  Fear of success?  Is that possible?  Yes it is.

What is the fear of success?

Some of the symptoms of the fear of success are:

  • Fear that even if you accomplish all that you have set out to achieve that you will not achieve happiness, be content or be satisfied with the outcome.
  • You feel undeserving of all your accomplishments and successes.
  • Fear that your accomplishments can be destroyed at anytime.
  • Fear that after you have achieved what you have set out to accomplish, your interest will wane and your success will fade
  • Happiness will not come from your accomplishments …

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Four Green Houses, One Red Hotel

Written by Marc on June 3rd, 2007 with no comments

If any of you have played the board game Monopoly from Milton Bradley, you will understand the title of this post.  To give a simple explanation of this strategy, look at this list:

 

  1. Buy some properties
  2. Collect rent
  3. Build houses
  4. Collect more rent
  5. Trade four houses for one red hotel
  6. Repeat

This is a great analogy for life in business.  Start small, reinvest, and grow.  If you follow this simple strategy, you can and should excel in business and investing.  This can apply for online and offline businesses, and real estate investing.

This is also good motivation for those of you just starting out:  even if you are starting small, you can become …

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