Category Archives: General

Why is Audible the best way to sell products on Amazon?

Why is Audible the best way to sell products on Amazon right now?

You may have seen my post recently here in the News Feed about my intention to start an audiobooks business on Amazon Audible. if you are interested in learning more about this lucrative part-time or full-time business join me in my audiobooks group. https://markethive.com/group/originalaudiobooksgroup

I also am starting a project on Kickstarter to help jump-start the business. It will be starting soon, and I would appreciate any comments you might have on it. Here is the link. https://www.kickstarter.com/projects/jonlomb/797504796?ref=ezales&token=2b187884

Why would I want to start an Audiobooks business on Amazon Audible after 5 years of perfecting the Amazon FBA business successfully selling physical products?

The reason is simply that the Amazon FBA business selling physical products is getting more and more competitive and less and less profitable every year.

The total number of physical products on amazon.com (no one but Amazon knows for sure the exact number), is estimated at 400 million. Actually, it is probably closer to 500 million. That is a ton of competition. Amazon FBA, (Fulfillment by Amazon) is getting tougher and tougher these days. I could write volumes about this based on my 5 years of experience, but I will not because I am preparing to leave this business behind.

How about Amazon Books, including e-books? This is actually where Amazon got started. There are over 40 million titles on Amazon for books and e-books. That is still a whole lot of competition. Again you have to be very savvy to be successful with books and e-books.

What about Audible? Amazon's foray into audiobooks is the newest of these 3 sales channels.. There are currently only 245,000 audiobook titles on Audible. That is a very small number, which means there is very little competition for audiobooks. Amazon is pushing hard to develop this niche, and sales are exploding right now. No one has a crystal ball to predict the future, but this business is likely to continue to grow well into the foreseeable future.
 

Again, here is the link on Kickstarter.  I hope you can drop me a comment, and participate if you also would like to get out of the rat race.  Thank you.

I wish you the best possible success in all your endeavors.

Here is the Kickstarter link again:  https://www.kickstarter.com/projects/jonlomb/797504796?ref=ezales&token=2b187884

John Lombaerde – Entrepreneur

The Ins and outs of the Audible audiobooks purblishing business

Here we go. This is the start of something BIG! Why would I want to start an Audiobooks business on Amazon Audible after 5 years of perfecting the Amazon FBA business successfully selling physical products?

The reason is simply that the Amazon FBA business selling physical products is getting more and more competitive and less and less profitable every year.

Look at this analysis.

 

The total number of physical products on amazon.com (no one but Amazon knows for sure the exact number), is estimated at 400 million. Actually, it is probably closer to 500 million. That is a ton of competition. Amazon FBA, (Fulfillment by Amazon) is getting tougher and tougher these days. I could write volumes about this based on my 5 years of experience, but I will not because I am preparing to leave this business behind.

How about Amazon Books, including e-books? This is actually where Amazon got started. There are over 40 million titles on Amazon for books and e-books. That is still a whole lot of competition. Again you have to be very savvy to be successful with books and e-books.

What about Audible? Amazon's foray into audiobooks is the newest of these 3 sales channels.. There are currently only 245,000 audiobook titles on Audible. That is a very small number, which means there is very little competition for audiobooks. Amazon is pushing hard to develop this niche, and sales are exploding right now. No one has a crystal ball to predict the future, but this business is likely to continue to grow well into the foreseeable future.

There are 2 main differences between the Amazon FBA business and Audible that I can see.

1) Selling physical products is a continuous run-around buying, packing and shipping physical products over and over again. It requires a considerable investment of capital and resources including manpower, warehouse space, etc. to build it up, maintain it, and also try to grow the business every day. Unless you have $ 100,000.00 to $ 200,000.00 to invest to start your own Amazon FBA business, I would strongly advise you to forget about it. Every year there are 100,000 new FBA resellers than sign up to sell on Amazon and after one year there are only 10,000 left.  That is probably the most telling statistic I can think of to discourage anyone from attempting to start an Amazon FBA business that I can imagine.

2) Amazon is and will always be your biggest competitor. Even if you find a great product today, Amazon could start to sell the same product tomorrow, and Amazon is the 800-lb gorilla. There is no way whatsoever to compete with Amazon for any product. You have to pay Amazon approximately 15% commission on every product you sell, and that is before the volume discounts that Amazon negotiates with suppliers. They send out million-dollar purchase orders one after the other every single day. There is no way to compete with Amazon based on price. You are S.O.L when it comes to any direct competition with Amazon. I advise not to even try. It is best to give up before you start.

Let's compare that with starting an Audible business.

1) Audiobooks are a digital product. There is no inventory, no shipping cost, and no storage fees. There is only the cost to develop a new audiobook, which can be run from $ 500.00 to $ 1,000.00. Granted that is not a small investment, but for most audiobooks, there are monthly residual purchases of the product on Amazon, which means monthly residual income for you. If you sell 100 copies of one of your audiobooks this month, chances are good that you will also sell 100 copies next month. No additional effort is required to continue to sell audiobooks month after month.

2) There is no direct competition from Amazon on audiobooks. Amazon is not spending their time on content creation when they have so many content creators who will do it for them. Just like Amazon is not writing books month after month, they are also not developing their own audiobooks. It is just too much trouble for them when they can just sell them on their platform instead.

By joining this group now, you can learn all about this exciting new Audible audiobooks business and learn how to develop your own content with its associated residual income. I have to let you know that at some point, I will be charging a membership fee to be a part of this group. If you join now, you will never pay a membership fee. You are guaranteed lifetime membership at no charge.

I have been studying this Audible business learning all I can about it since the beginning of the year. I think few people starting an Audible business have invested as much time in research ahead of time as I have.

I also have two significant aces up my sleeve.

1) I have a mentor who runs one of the most successful Audible businesses on Amazon today. I have his ear and believe me when I say it was not cheap to get his advice, but I believe it will be invaluable to me, and to the group as well.

2) I have a close friend who works as an editor for a very large book publishing company. Of course, that includes digital books as well as physical books. I cannot say which one, for reasons of non-disclosure.

In conclusion, I would like to invite you to my group on Audible publishing. This group will explore this exciting new world of audiobooks on Audible. There is no cost to join, and no cost at any point in the future for a membership to the group.

Click here to join —-> https://markethive.com/group/originalaudiobooksgroup

You will learn everything there is to know about this business in order to become your own audiobooks Audible expert. I can guarantee it will be a fun journey, and very likely a highly profitable one as well.

Thanks for your time to read this extensive post.

I wish you the best of success in whatever endeavor you pursue.

John Lombaerde – Markethive Entrepreneur One and soon to become expert Audible marketer.

The Ins and outs of the Audible audiobooks publishing business

Here we go. This is the start of something BIG! Why would I want to start an Audiobooks business on Amazon Audible after 5 years of perfecting the Amazon FBA business successfully selling physical products?

The reason is simply that the Amazon FBA business selling physical products is getting more and more competitive and less and less profitable every year.

Look at this analysis.

 

The total number of physical products on amazon.com (no one but Amazon knows for sure the exact number), is estimated at 400 million. Actually, it is probably closer to 500 million. That is a ton of competition. Amazon FBA, (Fulfillment by Amazon) is getting tougher and tougher these days. I could write volumes about this based on my 5 years of experience, but I will not because I am preparing to leave this business behind.

How about Amazon Books, including e-books? This is actually where Amazon got started. There are over 40 million titles on Amazon for books and e-books. That is still a whole lot of competition. Again you have to be very savvy to be successful with books and e-books.

What about Audible? Amazon's foray into audiobooks is the newest of these 3 sales channels.. There are currently only 245,000 audiobook titles on Audible. That is a very small number, which means there is very little competition for audiobooks. Amazon is pushing hard to develop this niche, and sales are exploding right now. No one has a crystal ball to predict the future, but this business is likely to continue to grow well into the foreseeable future.

See this post on how the market for audiobooks is growing – https://theurbanwriters.com/blogs/publishing/rise-of-audiobooks-why-you-should-care

There are 2 main differences between the Amazon FBA business and Audible that I can see.

1) Selling physical products is a continuous run-around buying, packing and shipping physical products over and over again. It requires a considerable investment of capital and resources including manpower, warehouse space, etc. to build it up, maintain it, and also try to grow the business every day. Unless you have $ 100,000.00 to $ 200,000.00 to invest to start your own Amazon FBA business, I would strongly advise you to forget about it. Every year there are 100,000 new FBA resellers than sign up to sell on Amazon and after one year there are only 10,000 left.  That is probably the most telling statistic I can think of to discourage anyone from attempting to start an Amazon FBA business that I can imagine.

2) Amazon is and will always be your biggest competitor. Even if you find a great product today, Amazon could start to sell the same product tomorrow, and Amazon is the 800-lb gorilla. There is no way whatsoever to compete with Amazon for any product. You have to pay Amazon approximately 15% commission on every product you sell, and that is before the volume discounts that Amazon negotiates with suppliers. They send out million-dollar purchase orders one after the other every single day. There is no way to compete with Amazon based on price. You are S.O.L when it comes to any direct competition with Amazon. I advise not to even try. It is best to give up before you start.

Let's compare that with starting an Audible business.

1) Audiobooks are a digital product. There is no inventory, no shipping cost, and no storage fees. There is only the cost to develop a new audiobook, which can be run from $ 500.00 to $ 1,000.00. Granted that is not a small investment, but for most audiobooks, there are monthly residual purchases of the product on Amazon, which means monthly residual income for you. If you sell 100 copies of one of your audiobooks this month, chances are good that you will also sell 100 copies next month. No additional effort is required to continue to sell audiobooks month after month.

2) There is no direct competition from Amazon on audiobooks. Amazon is not spending their time on content creation when they have so many content creators who will do it for them. Just like Amazon is not writing books month after month, they are also not developing their own audiobooks. It is just too much trouble for them when they can just sell them on their platform instead.

Please take a look at the project I am about to launch on Kickstarter.  I would very much appreciate any comments you might have.

Here is the link ——> https://www.kickstarter.com/projects/jonlomb/797504796?ref=ezales&token=2b187884

I have been studying this Audible business learning all I can about it since the beginning of the year. I think few people starting an Audible business have invested as much time in research ahead of time as I have.

I also have two significant aces up my sleeve.

1) I have a mentor who runs one of the most successful Audible businesses on Amazon today. I have his ear and believe me when I say it was not cheap to get his advice, but I believe it will be invaluable to me, and to the group as well.

2) I have a close friend who works as an editor for a very large book publishing company. Of course, that includes digital books as well as physical books. I cannot say which one, for reasons of non-disclosure.

In conclusion, I would like to invite you to my group on Audible publishing. This group will explore this exciting new world of audiobooks on Audible. There is no cost to join, and no cost at any point in the future for a membership to the group.

Click here to join —-> https://markethive.com/group/originalaudiobooksgroup

You will learn everything there is to know about this business in order to become your own audiobooks Audible expert. I can guarantee it will be a fun journey, and very likely a highly profitable one as well.

Thanks for your time to read this extensive post.

I wish you the best of success in whatever endeavor you pursue.

John Lombaerde – Markethive Entrepreneur One and soon to become expert Audible marketer.

What I learned about attribution from studying the Markethive News Feed

What I learned about attribution from studying the Markethive News Feed

In a nutshell, many of us who post on the News Feed do not use attribution correctly, or not at all.  Does this matter? 

Well, the answer is yes and no.  Right now it probably has no consequence, but in the future, it could and the consequences might not be pretty.

Let me explain. There is no need, of course, to use any kind of attribution on an affiliate link. If your post concerns news or information of any kind, you really do need to give credit for the source of the information, as well as the image that you post.

If you do not do this, at this time there probably is little or no consequence for you.  In the future, when Markethive becomes the juggernaut we believe it can be, there may be some undesirable consequences that you would certainly like to avoid. Now is a good time to start to use attribution correctly so down the road, you do not get bitten in the arse.

Out of 100 items I checked on the News Feed today, I found about 1/3 of these posts had properly attributed sources and images.  About 2/3 did not have any attribution at all. When I google searched the images without attribution, in most cases I found large numbers of sites that were also using the same image, most without attribution as well.

I have to say I was embarrassed to find one of my own posts that I had forgotten to include an attribution to a post that I referred to that I found on Medium. (I have since corrected the information with the proper attribution).

So what does this mean?  Actually not much for now. Even if the owner of the original image wanted to pursue legal action, it would be quite difficult to bring suit against dozens or a hundred different sites where their image was used. 

Supposing you were to receive a message from someone asking you to remove a particular image from the News Feed.  Right now depending on when that post was made, it might be very difficult to track down and delete the offending image. With the new curated content style News Feed, I think it would be possible.

In case you feel that all this attribution stuff is for the birds and does not matter, I think we should all play it safe and use attribution as much as possible. Once you get in the habit of doing it it becomes easier.  Not to be a doom and gloomer, but keep in mind that copyright law is quite strong in the US. The law provides a range from $200 to $150,000 for each work infringed. Infringer pays for all attorney's fees and court costs. The Court can issue an injunction to stop the infringing acts as well. 

So I guess word to the wise, we should begin to clean up our act so far as attribution goes, give credit where credit is due. It is not hard to do, and it may actually save you from legal entanglements at some point in the future. 

John Lombaerde – Markethive Entrepreneur One

https://markethive.com/jonlomb/page/ jonlomb

 

Are US Senators too old to understand crypto?

(Note:  Orin Hatch retired in 2019)

The average age of Senators in the current Senate is 62.9 years.  Are these Senators too old to understand crypto? This question was raised in light of the sudden announcement of a crypto provision that was tacked on to the infrastructure bill in the Senate at the last moment.

Some Republicans supported the move due to their concerns over the cost of the bill.  It was thought that additional income could be raised by a broad tax on the crypto industry, even though it may actually prove to be illegal. This knee-jerk addition to the bill at the last moment was immediately and strongly opposed by the cryptocurrency industry.  They would like to be regarded in a similar fashion as commodities, especially since there is no profit until cryptocurrency is sold. If tax reporting were required of miners, developers, and stakers, none of these groups have access to customer data, which could make the provision ultimately unenforceable.

There are two versions of the additional provision that have yet to be voted on, and it remains to be seen which version will make it into law.  One version might be acceptable to the cryptocurrency industry, but one is very strongly opposed by the industry. The second version has galvanized organized opposition in very short order. Obviously, the House still has to vote on this bill and the House is not currently in session. They are not scheduled to return until September 14th unless the President calls them back earlier.

The version that attempts to tax PoS software developers or "proof of stake" is strongly opposed by the cryptocurrency industry, and may prove unenforceable in the long run. The question of whether the Senators have the ability to understand and process the differences between these two versions is a valid question.  Sooner or later, the cryptocurrency industry will have to face some level of regulation.  This has been known for quite some time. It remains to be seen if the Senators will side with Biden on strict new tax and regulation on the industry, or if they will adopt more reasonable standards acceptable to the cryptocurrency industry. 

One legitimate fear is that any excessive regulation will drive the nascent cryptocurrency industry offshore and that the US will lose all benefits from this industry that has a huge potential to contribute to the US economy directly as well as indirectly.  The loss of this entire industry would certainly be a severe blow to the US economy in the long term. 

 

Post was written by John Lombaerde  – a Markethive contributor and entrepreneur

The Myth of Money-Making Internet Affiliate Marketing

Let's admit something to ourselves.  What are the chances that the next Internet money-making product you buy online is going to make you a substantial amount of money?

If you have ever bought any of these products in the past, your email inbox is probably full of these kinds of offers, unless you get sick of them and choose to unsubscribe.

I say slim to none, but that is by design. Let's look at the question from the point of view of the vendors of these products. The reality is that any product that could make you rich is the opposite type of product they would be selling.  Where is their income going to come from tomorrow if they sell you something that makes you rich today?  You will no longer be their customer, and they may go out of business.  So what kind of customer are they looking for?

They want fairly gullible customers that are willing to believe the promise that you can make money with their product. It is better if you can make a little bit of money with their product, but as long as you keep coming back for more, it doesn't really matter if you make any money at all using what they sell you. That is the stark, cold and somewhat cruel truth that needs to be told. They will sell you a small piece of the Internet money-making pie as long as you keep coming back again and again to buy their products. 

You can find hundreds, even thousands of these kinds of products at JVZoo, Warrior Forum, Clickbank, and others as well. These vendors are working hard constantly to come up with clever ways to promise you money-making methods so you keep coming back to the trough to feed on a regular basis.

The kick in the head is that you will never become financially independent with their methods because limited success is built into their products.  I call that a win-lose-lose proposition.  It seems like you are winning, but as P.T. Barnum used to say, a sucker is born every minute.

Let me give you a prime example of this from my own experience. I used to work for a company that is an Amazon FBA reseller. FBA means fulfillment by Amazon.  You list the product for sale on Amazon and Amazon ships to the customer for you. Simply put, you buy products wholesale and sell them at retail prices on Amazon in a storefront.  Amazon is so highly successful at online retail you would think that selling on Amazon is a goldmine, right?

The reality is much, much more complicated than that.  The truth is that over 100,000 small businesses each year hope to cash in on the Amazon FBA opportunity and begin their FBA business on Amazon.  Would you like to know how many of them are still in business after only one year? Only 10% survive after the first year. That success rate speaks volumes about how "easy" it is to become successful on Amazon as an FBA reseller.

There are many reasons for this, but I will give you three of them.

1) Most new FBA resellers are consumed with a "get rich quick" mentality.  This is a sure-fire way to fail at any kind of business in my opinion. Anything worthwhile comes from hard work and perseverance, so most of them are doomed from the start.

2) If you really want to be successful at almost anything, you need to find a good mentor. In other words, you need to find someone who has already become successful as an Amazon FBA reseller.  Most new FBA businesses lack that resource.  Usually, they purchase an online course or go to YouTube in order to find out how to become successful on Amazon, and the people they listen to are not actually successful themselves, so they are easily led in the wrong direction.

3) Most new FBA businesses on Amazon are way, way undercapitalized.  People cash in their 401k for $ 5,000.00 or $ 10,000.00 and think they have enough money to run an Amazon FBA business.  Unless you have $ 100,000.00 to invest in your new Amazon FBA business I would not consider even getting started.  5 or 10 years ago, when Amazon was a bit easier and less competitive it might have been possible to start with a smaller amount of capital, but not today.  An Amazon FBA business today is much too competitive to run without a substantial amount of capital to invest.

So I believe that even based on these three reasons alone, most FBA resellers on Amazon are doomed to fail from the start. I have to say that the company I worked for was highly successful on Amazon and avoided most of the pitfalls that have doomed other FBA businesses.

With the knowledge I gained working for a top Amazon FBA reseller, would I start my own Amazon FBA business today?  There is no way I would do that, even if I had $500,000.00 to start the business. Why not?

1) The FBA business on Amazon is much too competitive now.

2) It requires a vast amount of work to manage, and only large companies with a large staff and an experienced management team will survive.

3) All in all, even with sufficient capital and intimate knowledge of the Amazon FBS business model, there is much too great a risk involved.

 

So I guess you could say I am still looking for the ideal online business in which I can invest my time and energy.

Keep this under your hat, but I may have already found at least one or two ideal online businesses in which to invest my time and energy.

I am in the process of proving them out at the moment, so let's keep in touch.  Either one or both businesses may prove to be a lucrative opportunity for you too.

 

Whatever I find, I am not the kind of person to keep it under my hat.  Markethive will be the first place I will let people know what I have found.

 

I wish you the best possible success in all your endeavors.

 

John Lombaerde – Markethive Entrepreneur

 

 

Become my Friend to see all of my Posted Content and Market on LinkedIn

If you have not been properly welcomed to Markethive, let me extend a hearty welcome to all new subscribers. My name is John Lombaerde. My interest in Markethive goes back to the precursor of Markethive, Veretekk, but that is a long story for another time. I am an active Entrepreneur One subscriber.

My heart and soul are dedicated to the success of Markethive. Part of what I do is try to post as much varied and appropriate content on the News Feed as I can find. I think I probably post as much or more varied content as anyone else in Markethive. I actively search dozens of sites and hundreds of posts each day for relevant information.

I post news and information, especially news ignored by the major networks. I also post information on technology, computing, and quantum computing, AI and machine learning, robotics, human interest, language, humor, wildlife, climate, world photos, podcasts, bitcoin, cryptocurrency, music, streaming movies, and probably a few other topics I can't remember off the top of my head. Oh, I also post classic art from a wide variety of artists and genres.

Unfortunately, you will not see any of this content if we are not friends here on Markethive. So please send me a friend request by clicking on my name at the top of this post. I respond with a yes 100% of the time to friend requests.

Here is another small request. I am sort of an expert on LinkedIn. For nearly a year, I taught a free class every Saturday on LinkedIn here at Markethive. I have 16,000 first-level connections on LinkedIn. (this is above the top 1 percent level). My LinkedIn profile url is – https://linkedin.com/in/leadsonline/ . I have found that LinkedIn is the best place to market any product or service. There are over 2 million groups on LinkedIn and there is a place for everyone. If you are serious about marketing you need to take advantage of LinkedIn.

You can join my LinkedIn group here on Markethive, (https://markethive.com/group/linkedin), but I would also like to let you in on one of my LinkedIn "secret sauces". I automate much of what I do on LinkedIn, saving me dozens of hours each week. Just click on the link below to find out more.

https://secretsofthegurus.com/FLG/?a_aid=jonlomb

I wish you the best possible success in all of your endeavors. John Lombaerde – Entrepreneur

The truth about cryptocurrency

Why is there such a gold rush mentality surrounding cryptocurrency in recent years?

 

Of course, it is because of the steep gains in the last few years of Bitcoin and to a certain extent Ethereum as well.

 

What does that have to do with the other lesser known cryptocurrency coins?

In fact very little if anything at all. There is a certain lifting of the tide that raises all boats effect, for sure.

 

The truth however is that the vast majority of today's cryptocurrency coins will not be around for very long.

There is way too much hype and much too little substance for them to survive in the long term.

 

They are like penny stocks in the stock market.  Does anyone really make any money at all with Penny stocks?

So what determines the staying power of a cryptocurrency coin?

 

First-mover status is important, but that belongs essentially to Bitcoin and Ethereum only.

Other coins must show their mettle in a different way.

 

Let me tell you about a coin that will be around for the long term. This is the Markethive coin.

Why would I claim this about the Markethive coin?

1) Markethive's success does not depend solely on the speculative value of the coin, (unlike almost every other cryptocurrency, including of course, Bitcoin and Ethereum.

2) Markethive is a profitable business as a social network, with or without any cryptocurrency coin.

3) The Markethive coin has exchange value for goods and service on the Markethive Network, including advertising, press releases, etc.

4) Markethive has one of the highest Alexa rankings of any cryptocurrency, (currently 4,347 worldwide)

5) These are some stats on the Markethive website:

17.57 M

Monthly Unique Visitors

130 M

Monthly Pageviews

146,500

Social Followers

89,859

Subscribers

This far exceeds nearly any other crypto currency on the market.

 

Now here is the biggest benefit for you and the reason for my email today.

 

Currently there is an air drop of 500 Markethive coins that is yours merely for signing up into the network at no charge.

All you need is an email address and a cell phone for verification.

My bet is on Markethive to be around in 5 years and well beyond.

 

Here is the link to get your 500 Markethive coins.  This is a limited-time offer so take advantage today while it is still available.

 

Just click here to sign up completely for free ——–>  https://markethive.com/jonlomb/page/jonlomb

 

I think you will be very happy with everything you get for free from Markethive, including their air drop.

 

Reply to this message to find out more information.

 

Thank you and best success in your entrepreneurial efforts.

 

John Lombaerde – Entrepreneur

 

LinkedIn – https://linkedin.com/in/leadsonline/ (16k+ 1st level connections)

Last Chance at Massive Success with the Markethive Airdrop Matching Bonus

Last Chance at Massive Success with the Markethive Airdrop Mathing Bonus

 

As many of you know, I am sure, the Markethive Airdrop of 500 Markethive coins is about to be phased out.  With the release of the wallet the signup bonus as well as the matching bonus will change dramatically.  

If you would like to send your Markethive affiliate signup link out to nearly 35,000 crypto enthusiasts, now is the time to do it.

You can purchase this hi-quality list of verified names and email addresses of crypto enthusiasts for $ 499.00 at the following link.

https://premiumtargetedleads.com/index.php?a_aid=jonlomb

(The list includes American and European leads only – name and email address) The list has also been thoroughly deduped. In addition, if you need software to send email out to this kind of large list, it is also available for a one-time cost of $ 500.00. You will be able to send out email at the rate of 250 per hour, which is a rate that is acceptable to many ISP's

I really don't see where anyone could get quality verified leads like these for less than 1.6 cents per lead. I think any Markethivers who take advantage of this offer will have tremendous success when they look back. Who knows where the Markethive coin will go? This is a roll of the dice like any other marketing attempt, except that the odds of success are significantly stacked in your favor.

Let's do the math. If the Markevthive coin starts at $0.10, (ten cents) in 30-60 days, even with a very low one percent response, you will realize a $ 1,000.00 profit. (Things that make you go Hmm………..)

Please carefully consider this limited-time opportunity. Thank you.

 

John Lombaerde

 

 

9 things we can learn about Blogging from Edison

9 things we can learn about Blogging from Edison

(Photo courtesy of The New Yorker)

I know the reputation of Edison has taken a beating in recent years.  He was not very good at giving credit where credit is due to his employees, and he was quite the ruthless businessman, not the laid-back genius as he was formerly portrayed. 

He did have, however, have words of wisdom, some of which can help us to better understand blogging. Let's put aside his recently tarnished reputation for a minute.  He did set up his laboratory here in NJ where I live, in both Menlo Park, and East Orange, so he had that going for him.

 

1) “To invent, you need a good imagination and a pile of junk.”  You don't have to have something great to start, you just need to imagine what it is you want to create, whether it is a physical product or a piece of software, even if you start with nothing at all.

2) “To have a great idea, have a lot of them.”  This is how brainstorming works. You need a great number of ideas, most of which will be thrown out, but out of one hundred or one thousand different ideas, there may be one which is truly great!

3) “I never perfected an invention that I did not think about in terms of the service it might give others… I find out what the world needs, then I proceed to invent.”  This is an essential principle of any good business. You either need to substantially improve on an existing idea, or discover something that people need but do not yet have a good solution to solve their problem. 

4) “Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing.”  If you can work seriously with a given purpose on goal-oriented work, that is likely to bring good result.  The difficult part is deciding where to focus to achieve the best possible result.

5) “Everything comes to him who hustles while he waits.”  Edison was blessed with unbridled ambition. It took Thomas Edison superhuman feats of biology to fuel his astoundingly ambitious to-do list. He reportedly slept a mere three to four hours at night, “regarding sleep as a waste of time, 'a heritage from our cave days,'” as James Maas tells us in his 1997 productivity bestseller Power Sleep (public library). You may not have to deprive yourself of sleep as he did, but there is no substitute for hard work as any successful businessman or businesss will tell you.

6) “Genius is one percent inspiration and ninety-nine percent perspiration.”   This is one of his most famous quotations, and one I have always liked. You may have great ideas for a blog or a business, but unless you put in the sweat equity to make it work, you will not have the success you desire.

7) “I have not failed. I’ve just found 10,000 ways that won’t work.”  Many people lose inspiration or hope when things do not go well at first.  You probably know the answer to this question, "What does it take to get into Carnegie Hall? Practice, practice, practice.

8)  “Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” Many bloggers give up after only a month or two.  Anything worthwile will take time to find success.

9)  “I never did a day’s work in my life. It was all fun.”  In the middle of your struggle, you may not feel this way, but in looking back, Edison may have envisioned that his work was fun in looking back at his life, but I am sure in large measure he did view his work as fun.

Best of success in all your endeavors.

Let's make Markethive great!

 

John Lombaerde – Markethive Entrepreneur One

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