10 Things I’ve Learned From Building a Multi-Million Dollar Internet Business

Internet Business Guru Rich Schefren

It’s been a fascinating day here at Strategic Profits.

First, I started the day with filming a content video with my Founders Club Membership Director, Chuck Dolce. Basically, Chuck was interviewing me about why I have used free content like my reports to build my Internet business.

In this video, I revealed several strategies you can use in your own free content. We’ll be releasing this video next week, so be on the lookout for that.

Then I got on my Business Growth System (“BGS”) call. During the dispatch, I gave clients four of the 50 or so strategies that I use to write my free reports. That includes the exact strategy I used to make my seven free reports go viral.

If you’re a client, you can listen to the recording when it’s released next week.

But the most intriguing part of my day happened around 2:30 this afternoon. That’s when my Content Director, Kat burst into my back office. She pushed a document I had never seen before in my hands. The document was called…

“101 Brilliant Internet Business Insights from the
Incomparable Mind of Rich Schefren”

Flattering right? 🙂 (And before you ask: No, Kat wasn’t sucking up to me.)

She created this document for you, our readers. It’s a collection of Internet business ideas that members of my team have overheard me say in the past. Kat described these 101 insights as “a bunch of ah-ha moments.”

Actually, she called them: “Richisms.”

I have every intention of sharing this document. (Although I may ask her to change the title first. It’s not exactly modest, right?)

But for today’s post, I want to share just 10 of these 101 “Richisms” with you just to see what you think.

Keep in mind these came from my team, and they are in no particular order…

  1. Don’t ask: “How I can I make money fast?” Ask: “How can I quickly create value for some group of people that would be interested in paying for it?”

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  2. Your business is perfectly designed to achieve the results you are getting.

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  3. When building a business, ask yourself: “What is the least amount of effort and resources you need to get the results you desire?”

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  4. Procrastination is just a symptom of a bigger problem.

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  5. Change is a constant in Internet business. Some are small and barely noticeable. Other can shift the entire business landscape. But they all make previously successful marketing tools and tactics obsolete.

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  6. When faced with a massive project: Ask yourself two questions. “What does done look like?” and “What does doing it look like?”

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  7. A simple concept brilliantly executed is worth far more in real business than the most complex of theories or strategies that cannot be executed at all.

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  8. Life is not a marathon, it’s a series of sprints. If you want to succeed, you need to use up everything you got. Tap into what drives you and give 100% in everything you do. As an entrepreneur, you’re better off giving 100% for 1 or 2 hours than coasting for your entire day.

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  9. You must operate from a conscientious intention. If you’re not working from your own intention, you’ll be working from someone else’s.

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  10. At the end of the day ask, “What did I achieve today?” Most people if asked wouldn’t have an answer – they’d have to first THINK. Don’t think about what you achieved today, know what you achieved today.

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Again, Kat just put this document together today. I’ve never had a team member create anything like this, so I’d appreciate your feedback.

Tell me in the comments…

  1. Do you want to see the other 91 Internet business insights?
  2. Would you like me to expand on any of these? If so, which one’s would relate most to your Internet business?
  3. If I was going to change the title, what would you call this document?

Feel free to respond to any or all these questions. I welcome all feedback.