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I'm often asked what I would advise people that would be the first thing they should do if they wanted to build wealth. Often the platitudes of saving and hard work are thrown around, however Cheap George Kittle Jersey , lets work out where we are going before we put our head down and start spinning our wheels.


Traction is something we all need no matter what level of development our business is at. Where the rubber meets the road gives us our forward momentum. Have you ever had the feeling of revving your engines but not going anywhere? That is called a lack of traction and it happens to entrepreneurs at all levels of the spectrum from the most experienced to the least.


What is missing when we experience this lack of traction is education. To get that spinning wheel grabbing the road you need to step back from action. Turn down the revs and stop that spinning wheel. What often happens is we become enthusiastic and start spinning those wheels before we know where we are going so the traction leaves as doubt creeps in.


Education is the single cause of enthusiasm. The quickest way to get someone enthusiastic about something is to teach them more about it. When we apply ourselves to entrepreneurial ventures without finding out enough about it we tend to lose traction as we busily go about doing nothing. So its the first place to get a good grounding. Understanding on an intrinsic level what you are about and what an entrepreneur does will give you capacity. Every time you or anyone else increases your capacity you develop vision and are therefore able to act with clarity and purpose.


An entrepreneurs first and most ardent goal is to invest and make a profit. The interest in any other aspect of your business must not overshadow this one directive. We don't do anything that doesn't contribute to the bottom line. Whether your interest is real estate or businesses or even precious stones, it makes little difference. The investment object is simply the investment vehicle of choice for you however the result is always to make a profit.


Martin Thomas (c)2005

No business can be successful without a deep understanding of its customers. This knowledge can help you to adapt your business style and advertising techniques to attract more customers and expand your client base.

Though face-to-face interactions are most suitable for understanding customer requirements and behaviors, web entrepreneurs do not have this luxury. Therefore Cheap Mitch Wishnowsky Jersey , you must know your customers through indirect methods. Here are some of the methods you can use.

Tracking your Website Traffic

Traffic reports can serve as an excellent first step in understanding your customers. Ask your web hosting company about the free reports they offer on website traffic. Analyze these reports to determine key trends in traffic and visitor information. Once you have familiarized yourself with report information, use it to track your traffic and modify your website in accordance with customer's requirements and trends. For instance, if you notice that you have many visitors from China Cheap Jalen Hurd Jersey , you can add features on web pages that attract attention of Chinese people and ensure that they keep coming back to your site. Tracking will also help you to assess the impact of specific advertising and promotion campaigns on customers and if they have been profitable for your business.

Some web hosting companies, however, do not provide any traffic reports. In this situation Cheap Deebo Samuel Jersey , you can look into your log files directly. Go to your web hosting service and look for a directory named "Logs." Within the directory, download the most recent file to analyze the location of visitors, the pages viewed Cheap Nick Bosa Jersey , the duration for which each page is viewed and the links attracting the most traffic. E-commerce websites can also recover information on sold products and where, in the ordering process, do customers bail out. Most text editors can open the file containing this information.

Collect E-mail Addresses and Stay in Touch

Give your visitors incentive for registering with your website by offering them free a newsletter subscription Wholesale San Francisco 49ers Jerseys , an e-book or articles. Websites selling services can get customers to register by offering short free consultation. These methods let you collect the emails while the visitors get a glimpse of the good stuff you have to offer.