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Increasing Profits

How To Make $100 Million Selling A Blanket With Sleeves

I love my Snuggie! Seriously. It's really comfortable. If you don't have one, I highly recommend it. But what's more interesting to me is the fact that it has sold more than $100 million since launching nearly three years ago. This begs a simple question: what are they doing right? The Product The Snuggie is [...]

How To Make Money By Being Impatient

“A good plan violently executed now is better than a perfect plan next week” – George Patton We have always been told to think through our decisions. Now don’t get me wrong, planning is important…to a point. But a perfect plan means nothing if you don’t move fast. There are two reasons why quick action [...]

Three Ways To Gather Valuable Feedback

No one likes hearing reasons why they should change. Let’s be honest: criticism blows. That’s exactly why the people who do listen usually make the most money. Constructive feedback is one of the best ways to grow and earn more, but it’s also tough to come by. Here are three techniques that will help maximize [...]

Dean Graziosi and the Power of the Infomercial

(note: I do not receive any money from Dean Graziosi as a result of this post) A few nights ago, I was flipping channels on my television when I stumbled upon an “informational program” about how to make money from real estate investing. The “show” was hosted by Dean Graziosi, a self-made millionaire who has [...]

How MedHelp Attracts 11 Million Visitors Each Month

A few weeks ago, I was lucky enough to interview John DeSouza, CEO of online health community Medhelp. Medhelp is an amazing online success story; with more than 11,000,000 unique visitors per month, it is one of the most visited sites on the internet and a powerhouse in the medical answers space. It also generates millions [...]

Zappos and the “Right People”

Tony Hsieh, CEO of Zappos, is one of my all-time favorite people. In 1998, he sold his first company, LinkExchange, to Microsoft for nearly $300 million. A couple of years later, he took over the helm at Zappos, and grew it into the largest online shoe retailer in the world. The company was eventually bought by [...]

23 Amazing Resources For Entrepreneurs

I made a lot of mistakes when I first started building businesses. The good news is that whether you are launching a new company or bringing your business up to speed, there are tons of great resources to help you get to where you want to be…without screwing up more than you have to.  Here [...]

Lessons Learned From The Decline Of Yahoo

Whatever happened to Yahoo? At one point, it was the most popular website in the world, a dominant force in the world of the internet. In recent years, it has languished, falling far behind Google and Facebook in terms of influence…and profitability. Now it's hit rock bottom, laying off hundreds of employees, shutting down once [...]

How To Increase Your “Rewards-To-Effort” Ratio

First of all, happy new year! One of my heroes is Fred Wilson, a venture capitalist who has invested in companies such as Twitter, Etsy, and numerous other internet successes. In addition to being an excellent businessman, Fred has a popular blog and spends a substantial amount of time with his wife and three children. [...]

How to Profit from the Talent to Demand Ratio

I’m a big fan of business history; I really enjoy reading stories about up-and-coming entrepreneurs – everyone from Walt Disney to Steve Jobs. Lately, I’ve been thinking a lot about one question: is there a common thread – a “secret sauce” that allows these enterprising people to be so successful in different fields? There are [...]