"Dear Bill Gates" or How NOT to Start Your Business

Jul 20
21:00

2002

Milana Leshinsky

Milana Leshinsky

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This subject is familiar to many solo ... Yet you will rarely see it ... openly. It isa side effect of selling a good product. Sort of a "bonus" that comes with being ...

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This subject is familiar to many solo entrepreneurs.
Yet you will rarely see it discussed openly. It is
a side effect of selling a good product. Sort of a
"bonus" that comes with being successful.

Once in a while I get an e-mail that reads along these
lines:

"Send me your product first. If satisfied,"Dear Bill Gates" or How NOT to Start Your Business Articles will pay.
Too many scams out there. Prove that you're not."

or

"Help me make it happen for me, then I will send you
my payment."

or better yet

"I am a poor man from South Africa. Praying to God
that you will send me ALL of your products for free.
I want you to be my guide, my coach, my mentor...
and have it in your heart not to charge me until
I start making money."

At first, I thought, what the heck - his $40 will not make
me any richer, and would send the person my products
free of charge. Especially since these e-books didn't
cost anything to deliver.

But after a while, as my online business grew and traffic
to my web sites increased, I started getting similar
e-mails about once a week. People would ask me
to send them my products for free, and when they
start making money on the Internet, they would send me
their payment.

What is going on? Can you imagine writing to Bill Gates,
asking for a free PC, promising to pay as soon as it
starts turning profits?

Or how about a free college tuition? "Let me go to school
for a year, if I learn something new, I will pay".

Now, some of these claims may be true and sincere. Many
people do not have the money to start their online venture.
What should they do if that's the case?

The answer is easy: self-education. That is how I started,
and that's how most successful but low-budget ventures begin.

Subscribe to 10-15 different web marketing e-zines published
by reputable authors, and read each issue thoroughly, with a
marker in your hand.

Visit popular Internet Marketing forums, participate in
free teleclasses offered by gurus, download and read free
e-books on the subject.

Spend a few hours a week browsing the Internet for web
sites of companies in your target area - learn what
the competition is doing.

Always keep in mind - it's either TIME or MONEY. If you
don't have one, invest the other.