{"id":1204,"date":"2010-08-25T07:19:50","date_gmt":"2010-08-25T14:19:50","guid":{"rendered":"https:\/\/dcincome.com\/blog\/?p=1204"},"modified":"2013-07-14T18:42:26","modified_gmt":"2013-07-15T01:42:26","slug":"online-entrepreneur-rules-to-live-by","status":"publish","type":"post","link":"https:\/\/dcincome.com\/blog\/online-entrepreneur-rules-to-live-by\/","title":{"rendered":"Online Entrepreneur Rules to Live By"},"content":{"rendered":"

After reading the blog of Yanik Silver<\/a> a few weeks ago, I became inspired to re-post this. He’s truly the epitome of a man living the “internet marketing lifestyle” and someone I’ve modeled closely over the years. It’s true what they say, find a mentor and do EXACTLY what they do at ALL costs.<\/p>\n

I call this is the “can’t fail” approach to success.<\/p>\n

Yes, you’ll have obstacles and stumbling blocks but in the long-term success is a certainty if you follow in the footsteps. I actually came across Yanik’s 34 Rules for Maverick Entrepreneurs<\/em><\/a> a couple years ago and it was saved in my bookmarked pages. I totally forgot about it until I was cleaning my laptop recently. Check them out below.<\/p>\n

34 Rules for Maverick Entrepreneurs<\/strong><\/p>\n

1. It\u2019s got to be a BIG idea that you, your team and your customers can \u201cget\u201d in seconds.<\/p>\n

2. Strive to create 10x \u2013 100x in value for any price you charge. Your rewards are always proportionate to the value you provide.<\/p>\n

3. You must charge a premium price so you have a large margin to provide an extraordinary value & experience.<\/p>\n

4. Provide a \u2018Reason Why\u2019 customers should do business with you and pay you a premium.<\/p>\n

5. Get paid before you deliver your product or service. And when possible figure out how to create recurring revenue from transactions.<\/p>\n

6. You get to make the rules for your business. Don\u2019t let industry norms dictate how you\u2019ll work or who you\u2019ll work with.<\/p>\n

7. Create your business around your life instead of settling for your life around your business.<\/p>\n

8. Consistently and constantly force yourself to focus on the \u2018critically few\u2019 proactive activities that produce exponential results. Don\u2019t get caught up in minutia & bullshit.<\/p>\n

9. Seek to minimize start-up risk but have maximum upside potential.<\/p>\n

10. Get your idea out there as fast as possible even if it\u2019s not quite ready by setting must-hit deadlines. Let the market tell you if you have a winner or not. If not \u2013 move on and fail forward fast! If it\u2019s got potential \u2013 then you can make it better.<\/p>\n

11. Find partners and team members who are strong where you are weak and appreciate being paid on results.<\/p>\n

12. Your reputation always counts. Honor your obligations and agreements.<\/p>\n

13. Never, ever get paid based on hours worked.<\/p>\n

14. Leverage your marketing activities exponentially by using direct response methods and testing.<\/p>\n

15. Measure and track your marketing so you know what\u2019s working and what\u2019s not.<\/p>\n

16. Bootstrap. Having too much capital leads to incredible waste and doing things using conventional means.<\/p>\n

17. Your partners and employees actions are their true core \u2013 not what they tell you.<\/p>\n

18. Keep asking the right questions to come up with innovative solutions. \u201cHow?\u201d, \u201cWhat?\u201d, \u201cWhere?\u201d, \u201cWho Else?\u201d & \u201cWhy?\u201d open up possibilities.<\/p>\n

19. You\u2019ll never have a perfect business and you\u2019ll never be totally \u201cdone\u201d. Deal with it.<\/p>\n

20. Focus most of your time on your core strengths and less time working in areas you suck at.<\/p>\n

21. Make it easier for customers to buy by taking away the risk of the transaction by guaranteeing what you do in a meaningful way.<\/p>\n

22. Always have something else to sell (via upsell, cross-sell, follow-up offer, etc) whenever a transaction takes place. The hottest buyer in the world is one who just gave you money.<\/p>\n

23. Always go back to your existing customers with exceptional offers and reasons they should give you more money. It\u2019s 5x less expensive to sell to happy customers than go find new ones.<\/p>\n

24. However the flip side is \u2013 fire your most annoying customers. They\u2019ll be replaced with the right ones.<\/p>\n

25. The marketplace and competitors are always trying to beat you down to a commodity. Don\u2019t let that happen.<\/p>\n

26. Develop and build your business\u2019s personality that stands out. People want to buy from people.<\/p>\n

27. Create your own category so you can be first in the consumer\u2019s mind.<\/p>\n

28. Go the opposite direction competitors are headed \u2013 you\u2019ll stand out.<\/p>\n

29. Mastermind and collaborate with other smart entrepreneurs if they have futures that are even bigger than their present.<\/p>\n

30. Celebrate your victories. It\u2019s too easy to simply move on to your next goal without acknowledging and appreciating the \u2018win\u2019.<\/p>\n

31. Make your business AND doing business with you FUN!<\/p>\n

32. Do the unexpected before and after anything goes wrong so customers are compelled to \u2018share your story\u2019.<\/p>\n

33. Get a life! Business and making money are important but your life is the sum total of your experiences. Go out and create experiences & adventures so you can come back renewed and inspired for your next big thing.<\/p>\n

34. Give back! Commit to taking a % of your company\u2019s sales and make a difference. It this becomes a habit like brushing your teeth pretty soon the big checks with lots of zeros won\u2019t be scary to write. If you think you can\u2019t donate a percentage of your sales simply raise your price.<\/p><\/blockquote>\n

Is that awesome or what? When I first read those, it was like a ton of bricks hit me. Rules to definitely live by if you’re an online entrepreneur. I’d like to hear your thoughts about this post. Let me know and leave a comment below \ud83d\ude09<\/p>\n

Related Blog Posts:<\/em><\/span><\/p>\n

YOU Everywhere Now: Mike Koenigs Shares the Secret<\/a><\/p>\n

How to Select High-Traffic Keywords for Maximum Online Exposure<\/a><\/p>\n

Think BIG! Thoughts from Punta Cana<\/a><\/p>\n

The #1 Secret to More Online Income and Fulfillment<\/a><\/p>\n


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After reading the blog of Yanik Silver a few weeks ago, I became inspired to re-post this. He’s truly the epitome of a man living the “internet marketing lifestyle” and someone I’ve modeled closely over the years. It’s true what they say, find a mentor and do EXACTLY what they do at ALL costs. I […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,80,35,63,2139,1],"tags":[2661,2655,327,2659,5,328,325,133,2662,326,324],"class_list":["post-1204","post","type-post","status-publish","format-standard","hentry","category-affiliate-marketing","category-inspirational","category-internet-marketing","category-social-media-marketing","category-starting-a-business-online-2","category-uncategorized","tag-affiliate-marketing","tag-chiropractic-marketing","tag-internet-entrepreneur","tag-internet-marketing","tag-matthew-loop","tag-maverick-business-adventures","tag-online-entrepreneur","tag-online-marketing","tag-social-media-marketing","tag-underground-seminar","tag-yanik-silver"],"_links":{"self":[{"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/posts\/1204"}],"collection":[{"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/comments?post=1204"}],"version-history":[{"count":11,"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/posts\/1204\/revisions"}],"predecessor-version":[{"id":1214,"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/posts\/1204\/revisions\/1214"}],"wp:attachment":[{"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/media?parent=1204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/categories?post=1204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dcincome.com\/blog\/wp-json\/wp\/v2\/tags?post=1204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}