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Marketing Marketing is the life blood of any business. Online marketing strategies tend to follow these patterns: Use of the web to acquire leads A free product or service as the lead magnet Using social networks Automation Metrics to measure efficiency These patterns are usually executed by using the following strategies: Content marketing Search engine optimization Social media platforms There are 4 aspects of a successful marketing campaign: #1) Addressing your customer

The Asset versus the Transactional Model It is possible to monetize on just traffic alone without building a customer list. However, this is transactional and has no way of recreating revenue in the future. One of the characteristics of an asset is the ability to generate future revenue. So gaining revenue from traffic alone is just an automated version of receiving money directly from your customer. The best way to

[caption id="" align="alignnone" width="183"] financial freedom[/caption] Operations Business operations are all the tasks required to produce value to the customer. Business operations is the way we execute our business model. A business model is how a business captures, creates and delivers value. The 3 main goals of business operations are as follows: Acquire assets and increase the value of business assets Increase customer satisfaction by improving processes Generating recurring

A lifestyle business is normally set by the founder to support a preferred lifestyle. In the past, life style business owners were seen as people who were not capable of making any type of serious income. However, this impression is changing as serious players like Pat Flynn and John Lee Dumas who net over $50,000 per month. Take a look at these sites that sold for over $10millions Ugo.com - $100

Tax Planning - Pat Flynn Case Study No one can deny the importance of tax planning when it comes to wealth management. Taxes are the greatest consumer of wealth. Take for instance Pat Flynn. Pat Flynn is a well-known internet entrepreneur who posts his income report every month.  In 2009 Pat Flynn had a net income of $178,649. If Pat did no tax planning he would have paid approximately $48,250 in federal taxes. &