Tuesday, June 7  

I'm An Internet Entrepreneur

I'm An Internet Entrepreneur

Someone called me that today......I wasn't sure if it was a compliment or not.

But then I figured I am an Internet Entrepreneur.

As a guy who develops Internet businesses quickly here's a few things I do:

1. Watch out for opportunities
2. Analyse the risk to reward ratio
3. Make my move

I Do That Everyday

All I do in business is make offers.

"Want a web site?"
"Can I sell your product?"
"Can I do this for you.....it will cost you $x."

Sometimes I structure deals very unorthodoxically (is that even a word/?!). Just yesterday I gave a quote to a client for a $21,000 web site.

But because of a few factors (we'd worked with him before, he wanted to see if the site would work before committing to the 'premium' site we'd quoted, etc) I suggested he pay me $7,000 upfront and the balance in 10 weeks once the site proved successful.

That way everybody wins

He'll get a site that works and works well.
I'll get paid $21,000 when he wasn't going to commit that much to the project.

And I think it's the best possible deal for the client.

Think Differently

I have a meeting in the morning with a client who manages a holiday resort. We do a lot of holiday resort web sites (and they're very successful) - with this guy I'm thinking of offering something completely out of left field and something that I intuitively think could prove hugely, hugely popular.

Being in business is about being different and daring and making offers. That way you stand out. And that's the way to start growing your business.

Cheers

Brendon