The Key to a Predictable, Profitable Business
August 31, 2009
This weekend I was enjoying some Margaritas with my friend Chris. He is one of the greatest entrepreneurs I know (and I know many, many entrepreneurs). You have never seen him in the news or on the front of a magazine, and that’s because he wants it that way.
Chris’s company throws off a 37.6% net profit, every month. And when I say net, I mean NET. This is the money left over AFTER all business expenses, all salaries (including his), after depreciation, after interest and after taxes. Oh yeah, and I forgot to mention his company does over $1M… every quarter. Just in case you haven’t had your coffee yet, that is $4M a year business, with a net profit of $1,400,000 every year. Like clockwork.
With enough Margarita’s Chris grabbed my arm, and with a slight slur (Margarita’s will do that to you), told me the “secret’ to his success: Recurring Monthly Fees.
Recurring monthly fees are the secret to predictable, profitable businesses. It works for Chris, and it works for me. Now, you need to do the same. more
8 Ways to Improve Your Web-Based Business
August 27, 2009
Do you have a web-based business? Well, if you don’t, you should consider starting one. If you do, what you’ll notice is that there is always more room for improvement.
Over the past few years I have started a handful of web-based businesses and consulted a 100 or so. No matter what size company I was working with I noticed that there are were always 8 things (if not more) you could do to improve it.
Hopefully you are already doing some of these 8 things, but if you aren’t, here they are: More
99 Free Online Classes on Business and Entrepreneurship
August 23, 2009
Are you looking to take business and entrepreneurship classes but are worried about the money and time availability? The courses below are all free and can be taken at your own leisure. They’re recommended to anyone starting an online business - I know I’ll be taking a few myself. Browse through courses from MIT and other reputable schools across six categories - Marketing and Sales, Management, Legal, Finance and Technology/Product. More
PUKSHOP.COM-World’s first integrated digital Caribbean music, video download and jukebox store ?
August 16, 2009
SiliconCaribe.com first gave you a heads up of the coming of PUKSHOP.com from last August. It’s delay took a little longer than expected but on August 27th they will officially go live. PUKSHOP.com is “the newest software based online digital media store. PUKSHOP lets music fans search for and legally download thousands of songs either as singles or entire albums; download ringtones; store the songs on their computer hard drives; and stream videos, live events and music via the download site or jukebox application before downloading it : all accessible wherever an internet connection is available. For both Mac , PC, mobile handsets and IPTV users. Event e-tickets will also be available to be purchased on this site.” (more…)