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Sunday 14 December 2008

The Simple Money Making Secret of Online Millionaires By John Snipes

The traditional way to identify new business opportunities is to find the biggest market you can, then figure out what it needs that you can sell. Leading twentieth-century companies all serve fundamental human needs on a worldwide basis by manufacturing and distributing physical goods.

More modern equivalents include some of the first generation of successful Internet companies, such as Expedia, Yahoo or eBay. Each of these firms started as a small venture that attempted to use the Internet to make a targeted market more efficient. They make money by making their chosen products or information easier to access or more affordable for their customers. All of these companies have grown to become huge corporations, but their approach to identifying and building new businesses based on Internet efficiency is still visible today for you.

Traditionally, improving business efficiency was a job only for high-priced management consultants. Today things have changed in favor of the individual entrepreneur especially when it comes to fixing business inefficiencies that result from poor distribution of information. This change is because of the Internet arrival. Improving the flow of commerce by improving the sharing of information between businesses and their customers can help you create an Efficiency Millionaire business.

The cornerstone of any entrepreneur´s success is faith. To build your own business into a million-dollar success story, you must believe in your ability to offer a superior product or service to your audience. You have faith in your friends, your family, your religion - why not have faith in yourself for a change, too?

If you have faith in yourself and develop a strong action plan (following the principles outlined in this e-Book) you can put one foot in front of the other and execute that plan.

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