21 Basic Laws of Business Success

Law #1: Always target a niche market. (if you want t get rich target a niche, if you want ot go broke, market to all the folks.)

Law #2: Identifing a problem in that niche market is priority #1.

Law #3: Creating a desired solution for that problem is priority #2.

Law #4: Delivering that solution for a profit to your niche market is priority #3.

Law #5: Gain confidence from your target market by giving true value.

Law #6: Establish your authority through originality.

Law #7: Innovation trumps imitation.

Law #8: Give – then give some more.

Law #9: Never greet a new subscriber with a message asking for money.

Law #10: Don’t be deceitful, devious or dishonest as it only leads to disaster.

Law #11: Be truthful to be received as trustworthy.

Law #12: Boldness and brilliance will break your income records.

Law #13: Be daring by using the freshness of your individuality.

Law #14: It’s about the targeted traffic conversion, not the targeted traffic collecting.

Law #15: Be authentic and different by substantiating your claims.

Law #16: Don’t just say it, prove it.

Law #17: Implementation is everything. If you don’t implement what you know, it’s like you never knew it all.

Law #18: Knowing is not proven in what you say, it’s proven in what you do.

Law #19: Without relationships, there are no exchanges of products or services for money.

Law #20: All success, accomplishments and achievements are found on roads that travel through other people.

Law #21: When you screw other people, you have screwed yourself.

What is the value of your time?

Many individuals want to make more money and yet they spend time on undervalued and trivial activities.

Let’s assume that we have 2500 hours of work in a year.

$25,000 means $10/hour

$50,000 means $20/hour

$75,000 means $30/hour

$100,00 means $40/hour

$250,000 means $100/hour

$500,000 means $200/hour

$1,000,000 means $400/hour

What kind of activities can generate your desired income?

Consider the following:

  • Marketing
  • Sale
  • Innovation

Stop the low income activities and start prioritizing your time with the highest income producing

activities. You’ll see you revenue skyrocket instantly.

But can you increase your current income by 100%, 200% or even 500%?

Take a look at this video by Brian Tracy to find out.