Now, when I hear the word diversify, I think mutual funds.  I don’t know if there is any other word used so much as diversify in their industry.  Diversification is a result of the old saying: “Don’t put all your eggs in one basket.”  Now, where might you ask, does diversification fit into business opportunities.

Diversifying your portfolio of businesses, income properties, and websites helps you in a few ways.  Some examples are:

1. Protection from changing trends

   If all your rental properties are located in a town whose workforce depends on a particular industry (for example lumber) and suddenly the demand for that product drops, people may lose jobs and move out of the area.  This recently happened to a friend in …

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I recently was hanging out in a forum online where I came across an offer for complete websites – domain name, hosting, promotion, and updates with fresh content for $5 per site per year.

What really gets me excited is this:

I have to earn less than two cents per day to break even

Except for the Internet, I don’t believe anywhere else in the world there is the opportunity to have a complete business for two cents per day.  Chance are that there should be no problem earning two cents per day. 

If you look at it from the other perspective – how much could I reasonably make in a month – that is where I get …

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Sitting here tonight I realize one thing:  I am not getting enough done in a day.  The reason:  no focus.

If you feel the same, you are not alone.  I find one of the most challenging thing being an entrepreneur, you need to set targets or goals for your day and work towards them.  Unlike a traditional job where someone gives you some tasks to do, you are on your own.

If you look at my past few days, you will see I have been a whirlwind of activity:  creating content for websites, blog posting, contributing to forums, looking at investment properties, looking at websites to invest in, marketing, etc.  If I would have had defined tasks or goals to …

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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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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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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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Like most people, you may leave your computer turned on all day, everyday of the week. Now, every minute your computer is turned on, it is using power and costing you money. What if there was a way to have your computer pay for itself to be on, or at least help paying the power bill or your internet bill? You should join the Gomez Peer program.

Gomez peer is a company that pays you to keep your computer on. All you have to do is be connected to the internet and install their software on your machine. Their company does internet performance monitoring and pays you for the time they use of your idle processing …

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