Profitable Time

  • Posted on: September 10, 2007
  • Those Who Had Their Say: 12

I wrote a post last month that tackled the difference between static and profitable time.

In general, these static activities are going to have little-to-no benefit to you directly generating profits. You will be going nowhere in a hurry with most of these activities, so lets take a look at the good stuff. Profiting tasks may include:

When you are profitable, you are doing what you set out to do as an entrepreneur; make money. The more time you spend being profitable, you will be able to spend less time working hard, and your profits will hopefully soar. So I have to ask you, how are you spending your time?

It has been a personal goal of mine to increase my profitable time to the point that it encompasses most of my work days. Well it has come to fruition, to say the least. I have been extremely busy ever since the launch of Unique…

Bootstrapping

  • Posted on: August 23, 2007
  • Those Who Had Their Say: 23

I figured you all might want to see what our bootstrapped business is looking like right now. ^_^ If you walked into the room, you would see this on your left:

We are truly bootstrapping this business as of right now. When you are in this situation, cramming yourself into a room with a bunch of equipment is the best option… at least if you want the best possible margins. Pain before pleasure can sum up the idea behind this setup. Right across the room, you can see a familiar character…

We have four computers in the room, three of which (the macbook pros and macbook) run constantly. The only time I turn on my windows xp machine is when we are testing code in internet explorer… which is no fun.

Although offices aren’t too expensive around here, we see no need to add such a cost.

Aside from showing you our bootstrapped apartment…

Relate, Innovate, Create

  • Posted on: August 19, 2007
  • Those Who Had Their Say: 7

Have you ever wondered how people come up with great ideas for new products and inventions? Are they grabbing them out of thin-air or being channeled by spirits? No, unfortunately. Great ideas are generally a product of three steps in my opinion.

Relate

Let’s say that you are a baseball player. You are up to bat in the world-series and it is bottom of the ninth inning. You are down two strikes, and you have to drive in the runner on third to keep your team in the game. You’re nervous, and it is causing you to sweat profusely.

The pitcher winds up and throws a fast-ball right down the middle of the strike zone. You are ready for this and it couldn’t be an easier pitch. You wind up and take a monstrous swing. As you come around on the ball and are inches from hitting one out of the park, the…

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