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Short Primer on Valuation(I just wrote this as a reply on one of our Blueprints to Profits forums, and realized it might be valuable for others.) I think a lot depends on the point in time (is the “online” market fairly or over-valued) and the exact niche the site is in. There are basically three components to valuation of any asset. Small Changes = Big Profits Part 2People say, “knowledge is profit.” It isn’t, and I can prove it. Everyone knows someone who has a PhD or a monster-sized IQ and can’t earn a dime, because it’s not what you know but what you do with it. So why don’t most people do MORE with what they know? Because it’s too hard… Or it’s too complicated… Or they don’t have the time to get it right. Which brings us back to making small, easy changes. Small Changes = Big Profits Part 1Making a series of small changes, consistently and over time, is the one, sure-fire, guaranteed way to insure your business makes you rich. In this video post are some lightening case studies to get your juices flowing. Implement something new every week. Some little tweak or upgrade or new marketing partner or even a new channel or change to your website… Those kinds of things, and sometimes perhaps, a change that’s a bit larger: something strategic, a change to how you sell or a change to your thinking… Implement those as often as you can manage and you are guaranteed to grow… |
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