In this article, I will go over the most crucial areas regarding online businesses and how you as an internet entrepreneur can organize your time for strong results. Time is the single most important commodity, regardless if you are a billionaire or feed on the street. If you do what others won’t, then tomorrow you […]
In this article, I will go over the reasons why big consumer brands are struggling today and how is this the best time to kick off your next private label brand. If you look around, big brands such as P&G, General Mills, Kellogg’s, Unilever, Kraft, Coca Cola and PepsiCo are all either in low single […]
In this article, I will go over what and why of traffic and conversion optimization. In an online business, traffic is your lifeblood. Unless you are a big brand like Apple or Proctor and Gamble, chances are that people find your internet whereabouts using Google or another search engine of their choice. This is known […]
First and foremost, you must not wait until forever to launch your business, unnecessary perfectionism is a disease and is your enemy when it comes to online businesses. Preconditions to launching a business include careful evaluation of your target market and alignment with the brand and the product that you plan to launch. Your job […]
I have been part of tech startups twice during my corporate career. While those two startups were worlds apart in terms of the actual products, target markets and eventual exits, nonetheless I worked as the product guy and lessons learned during those gigs were pretty similar. As I stepped into online business several years ago, […]
What are the suitable corporate structures for an online business? There is no right or wrong when it comes to corporate structures, it all depends on the business that you’re planning to start, where you’re in your journey, and your future growth and scale goals. If you are a starter, with all-digital products (or other […]
What are the income and sales tax implications for an online business such as Amazon Kindle and FBA? Online businesses come with a number of benefits when it comes to sales and income taxes primarily because of the internet-based ecosystem of tools and platforms. While income tax is collected both at federal (IRS) and your […]
What are the most fundamental economics principles that apply to an online business? Economics 101 apply as much to online businesses as they do to their offline counterparts. These are the tried and true principles that you need to keep in mind before you start an online business. Let me summarize. Your time and energy […]
What is the life cycle of building an online business? Life cycle of an online business starts with a niche market. You need to identify a profitable niche market, with just the right level of competition, price, segments and future potential. Niche market doesn’t have to be your passion, however aligning it with your passion […]
How do I choose an online business model that’s a fit for me? There are at least seven factors that you should take into account before you jump into a new business and select your business model. Don’t start a new business for wrong reasons, you don’t want to start a business because it worked […]