Last week I had the privilege of being able to ask Doug Richard (a former Dragon of Dragon’s Den) a couple of questions at the end of a ‘master class’ which he hosted. And, boy, did I screw up. Big Time.
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Presented as a quest, this comprehensive guide to buying websites leads the reader through a series of challenges on the journey to claim the prize—to successfully buy a website without losing an arm and a leg on the way.
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Did you ever think of Kenny Rogers as a business guru? No? It didn’t occur to me either. (The Kenny Rogers Roasters chain notwithstanding, he would probably be horrified to be thought of in such a way.) But he’s pretty good at business advice. Listen up, folks.
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People often ask me how they can get started in online business. This isn’t usually a question I can easily answer, because most of the time I don’t know anything about them. Choosing the right path to success for them will depend on many things, such as their personality traits, strengths, interests and many more unique personal qualities which only they fully understand about themselves.
That said, I try to give them some pointers about what they might like to do and how they might go about achieving it.
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A quick search of the Web will turn up thousands of different websites, all promising to show you how you can make incredible amounts of money online, with very little required from you – little or no expertise, little or no effort, and just a few dollars to unlock the door to limitless wealth.
Sound too good to be true? Sadly, there are a lot of people out there who don’t realise that these propositions are often exactly that.
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Just in case anyone missed it when it came out, here’s an interesting report compiled by DNJournal. They invited 17 domain industry experts to share their views on what happened in 2013 and how they think the new gTLDs will impact on 2014. It’s quite a long read but it gives an interesting overview of how the experts are thinking, so it’s probably worth a look if you’re interested in speculating in domains.
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It’s generally accepted that it’s cheaper to retain existing customers than to acquire new ones. That being the case, it’s no surprise that many business managers set a great deal of store by fostering customer loyalty. They’re encouraged in this by countless business gurus chanting the tired and worn old mantra: “To succeed in business, you must delight your customers”. But is it actually true?
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Why, oh why do people write a load of rubbish “teaching” people how to make money online? Yeah, don’t bother to answer that – it’s because the most profitable way to make money online is to teach people how to make money online. Thus every man and his dog wants to get in on the MMO game. This book is no exception.
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