Entrepreneur

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Where to find online businesses for sale: Part 1

Written by Marc on March 22nd, 2007 with no comments

I get a lot of questions as to where to buy established online businesses.  I am talking about real, established online businesses, not some unreasonable eBay site for sale.  Take a look at these sites:

DigitalPoint Forums

The forums on the DigitalPoint website are full of experienced webmasters offering their knowledge, expertise, and their sites for sale.  You can buy sites and domains for as little as a couple of dollars up to thousands of dollars.  I find that most of the sales are legitimate, and that sellers are happy to provide proof of revenue, traffic, etc.  Check them out.

SitePoint Forums

This is also another forum where webmasters hang out.  Their auction system for site sales is a little better than …

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LCD, Plasma and High Definition Installation and Training Opportunity

Written by Marc on March 16th, 2007 with no comments

With all the new televisions on the market such as LCD and plasma, consumers are now in the dark on has to hook up and operate their television.  No longer can they just hook up their rabbit ears and watch TV, those simple days are gone.

This lack of knowledge creates a great opportunity for entrepreneurs to install these new televisions in people’s homes.  Installing these televisions in customers homes is also a great opportunity for selling additional accessories that would go with their new tv.  Such items as component and HDMI video cables, surge protectors, UPS (uninterruptible power supplies), and wall mounts are items that are usually required when installing the television in a home.  If they do not …

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Saskatchewan Businesses for Sale – Where to find them online

Written by Marc on March 15th, 2007 with no comments

If you are looking to buy an established business in Saskatchewan, take a look online.  It is a lot easier than calling up a realtor or trying to find listings for them in the paper.

I would suggest checking out pin.ca.  Here you can find businesses for sale in Saskatchewan, and the rest of the provinces in Canada.  Also, there are business listings for companies for sale in the United States as well.  You can find the price, details of the sale, and pertinent contact information.  So far, this has been the most complete website I have seen for businesses for sale in Canada.

Be sure to do your due diligence on any business you …

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The Cost of Job Incompetence

Written by Marc on March 10th, 2007 with 1 comment

As a business owner or entrepreneur, you hire employees to do a good job and help free up your time to make more money. From time to time, you may hire or promote someone that cannot perform their duties appropriately, or lack the competence for the position they have been assigned.

This lack of competence can affect your bottom line by lost sales, lost profit, and customer dissatisfaction. As soon as this problem has been identified, it must be dealt with immediately: either through retraining or job reassignment (through possible demotion or termination.)

An Example of the Cost of Job Competence:

Consider that you own a computer store. A customer decides to purchase a laptop. Arriving at …

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The Science of Getting Rich Online

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

Up here in Canada, I can only think of one internet guru that has influenced my internet career: Gauher Chaudhry. You may have heard of his e-zine: Cool Cash Ezine. I have been reading (and now listening as it has gone into audio format) his e-zine for the last six years. Anyways, I am excited as he has launched a new free report about earning online called: The Science of Getting Rich Online.

Usually something that is free online is not really worth the read. But as I read through the fifty two pages, I definitely picked up some good advice regarding site promotion, increasing the income of my websites, and some of the better ways …

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Five Essential Skills Required for an Entrepreneur

Written by Marc on March 1st, 2007 with no comments

In order to succeed in any business, whether online or offline, and entrepreneur needs a core set of skills. Most people will excel in some of these five areas, whereas there will be some struggle in other skill areas. It is important to develop all these skill areas if you would like to see success in business. If you are weak in any of these skill areas, you should make a point of improving the skill through training, books, courses, etc. The list of the five essential skills for an entrepreneur are as follows:

1. Basic money-management skills

Even though you do not necessarily require a lot of money to start a business, you need to know …

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