I’m not sure where I first heard the term, “Fail fast and fail often,” but it’s great advice for entrepreneurs. I recently decided to shutdown YakezieNetwork.com after six months of operation because of the following reasons: 1) 99% of affiliate revenue came from one source and I found a streamlined solution. 2) HasOffers was cumbersome […]
Read MoreCategory Archive for Entrepreneurship | Yakezie.com - Part 2
The Beauty Of Operational Leverage In Running A Business
I recently finished up my annual business offsite in Oahu and I wanted to highlight one thing everyone in the blogging business should do once a year. Calculate your year over year top line revenue growth and compare that figure to your year over year operating profit figure. If you have been growing, hopefully you […]
Read MoreDon’t Confuse Being A Freelancer With Being A Blogger And Vice Versa
The terms “blogger” and “freelancer” are often used interchangeably to describe ourselves, but it’s important to differentiate between the two to minimize disappointment and maximize profitability. One can certainly be a blogger with a freelance business or a freelancer with a blog. However, to do one successfully requires a different skillset. I’m a blogger first […]
Read MoreThe Emotional Side Of Starting A Business
I don’t consider myself a serial entrepreneur, but over the past few years, I’ve tried starting a few websites as attempts to build side businesses apart from my personal finance blog. Most flamed out before opening up to real business, but instead of focusing on the problems of each business plan, I’d rather focus on […]
Read MoreIs The Internet A True Meritocracy?
A lack of a meritocratic environment is the number one reason why so many people are dissatisfied with their jobs based on research conducted for my book. There’s nothing more maddening than when someone less deserving is promoted over you due to politics instead of performance. One of the main reasons why I left finance […]
Read MoreA Successful Online Business Is All About Creating Strong Partnerships
What makes someone successful? Can anyone really do it alone? If you go back to the Presidential election, there was a big debate about self vs. community, and how much the government really helps businesses. Without getting political, the overarching message is that nobody does anything alone. Everything is life is about building partnerships…even if […]
Read MoreEntrepreneurship As A Cure For All Problems
One of the best things about having a job is that no matter what you do, you will always get paid a base salary. The longer people stay at their jobs, the longer they understand this “benefit.” Managers understand this as well, which is why they are constantly looking for new blood to keep the […]
Read MoreAffiliate Marketing As A Way to Monetize Your Blog
Has your blog been penalized by Google for whatever reason? Are you looking for another, more sustainable (and Google friendly) way to bump up your online income? Affiliate Marketing Has A So So Reputation You may want to consider affiliate marketing. Some think affiliate marketing sounds sleazy, but that couldn’t be further from the truth. […]
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