Quote

When you are just starting out with an online business, there's a good chance that you'll be making several mistakes. Because of the mistakes that can be made with starting an online business, many people decide to quit or think that online businesses are just a scam.

The first thing I ever sold online was stolen.

See, what we were going to do was say, the Internet is this great business strategy tool.

Online business models are still evolving. New and different products and services pop up every day. This gives rise to supporting products and services. A business can make substantial profit by helping others execute their plans for making money.

Well all the big companies are really panicked by the internet thing and all that, and sales went down, although sales have gone up again in this country a bit and also the big companies, because they're so big, they need big sales really so they're not really interested.

It may not always be profitable at first for businesses to be online, but it is certainly going to be unprofitable not to be online.

Over many generations, fortunes in the business world were made through buying and selling products in physical stores. Internet fortunes have been made buying and selling products online.

It was something of a personal challenge for me to come up with a business suitable for the Internet world and the Internet age.

Treat your online affairs as part of your affairs that need to be in order - your bank, your Internet bill - you need to have people who know what you want.

If you look at the first commercial transactions on the Internet, few of the early companies necessarily survived intact, but the ideas they invented became the industry.