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Will You Add? - What is the Exit Strategy for your Web Business?
Sitting at home, wearing your pyjamas and an old t-shirt, drinking coffee and eating chocolate digestive biscuits, with your laptop up and running. That’s the dream. It’s a shame that more people don’t realise how very possible this dream is to attain. If you wish to make a career for
In the early days of Internet marketing, a popular way to advertise a new product was to use a mini site and toss up some pay per click (PPC) ad campaigns at top search engines like Google™ and Overture. However today, more in-depth content sites are preferred both by search engines a
1) Keep on growing the business as a sole operator and live off the profits
There are already thousands upon thousands of people who have started an Internet business by themselves, have developed an excellent online income, and have no employees. Take Markus Frind for example who started the free dating site PlentyOfFish.com in 2003 and now earns $10,000 US a day with very little overhead and no employees. Also, Michael Cheney - author of the Website Marketing Bible - made $250,000 in one week from the sale of his 'Adsense Videos'. Is it really worth the hassle of employing people?!
2) Start employing people with an aim to own a bigger and better business
Although it may not be as easy as it was in 1999 to get your hands on some venture capital, if you can start an online business and prove that the business model works, you still have a good chance. Make sure that it's not for vanity's sake though. Meetings with potential inves
When you're just starting out in business, it's a safe bet that you need more clients. But what if you have been up and running for a while, and you're still not making as much money as you would like? You may be in the habit of thinking that attracting new clients is the answer, but
There are already thousands upon thousands of people who have started an Internet business by themselves, have developed an excellent online income, and have no employees. Take Markus Frind for example who started the free dating site PlentyOfFish.com in 2003 and now earns $10,000 US a day with very little overhead and no employees. Also, Michael Cheney - author of the Website Marketing Bible - made $250,000 in one week from the sale of his 'Adsense Videos'. Is it really worth the hassle of employing people?!
2) Start employing people with an aim to own a bigger and better business
Although it may not be as easy as it was in 1999 to get your hands on some venture capital, if you can start an online business and prove that the business model works, you still have a good chance. Make sure that it's not for vanity's sake though. Meetings with potential inve
Geez, time flies so fast. We are already in 2006. What have you achieved last year so far? Have you started an internet business, have you promoted your existing business to new levels or have you just sit back? If you are at all serious about building a real internet business which c
2) Start employing people with an aim to own a bigger and better business
Although it may not be as easy as it was in 1999 to get your hands on some venture capital, if you can start an online business and prove that the business model works, you still have a good chance. Make sure that it's not for vanity's sake though. Meetings with potential inve
Who would ever have imagined that going door-to-door in my neighborhood selling figs from a bright orange shopping cart would have been my entrepreneurial beginnings? I surely did not. But, now that I look back and also look around me at other business owners, I see clearly that so
2) Start employing people with an aim to own a bigger and better business
Although it may not be as easy as it was in 1999 to get your hands on some venture capital, if you can start an online business and prove that the business model works, you still have a good chance. Make sure that it's not for vanity's sake though. Meetings with potential inve
Many people join internet business opportunities online blindly. By this I mean they join everything that promises them fast bucks and then one to two years later are dejected and unhappy at their dismal returns online with regards to their capital outlay in terms of time and money.
3) Start employing people and growing the business with an aim towards IPO
An Initial Public Offering (IPO) happens if you choose to launch your business as a public company. If your goal is world domination, this one's for you. Bear in mind, though, that it's common for investors to stipulate that a more experienced management team is necessary to excite the marketplace. Shares belonging to a public company can be freely traded.
4) Sell the business as soon as possible
For many people, their goal is to be bought out by a larger competitor. If you have a tight grip on a particular regional market, niche industry or market segment, then you're making it a worthwhile proposition for a larger company to buy you ou
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