A successful entrepreneur shares her thoughts on business success and failure.

Posts published in the Business category:

What Can You Do To Help Solve The Credit Crisis?

Much has been said about the $700 billion bailout. Our financial news is filled with complex terms like “credit default swaps” and “collateralized debt obligations.” Instead of overwhelming you with financial terminology and fear, this blog post is designed to help you figure out what you can do with your money to help solve the credit crisis…yourself.

This is a long post, but I urge you to take the time to read it if you want to know how you can help stop the credit crisis. (more…)

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How To Start A Business With No Money

I often receive emails from those of you who want to start businesses with no money. Often, you want to start a business from home to make a little extra cash. It would be nice if it turned into a million-dollar money maker, but it doesn’t have to. Your goal is to explore a passion of yours and make a bit of money on the side…but you have no money to invest.

Typically, two major obstacles come up: time and money. I addressed time previously. Now I’d like to address how to start a business with no money. (more…)

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September Goals Update: One Year Since I Sold My Business

On September 7, 2007, I signed the documents that would change my life forever. Pages and pages of documents signified that I would sell my business, Simpli Hosting, to Silicon Valley Web Hosting, and would no longer be involved in the web hosting industry.

What follows is a quick look at my journey through the past year, and then exactly what I plan to do to make my next $1 million. (more…)

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Weekend Business Building: Worksheet Your Way To A More Profitable Client Base

Apparently I attend marketing seminars in my sleep now, because I just had the most interesting dream. Since I think it will help you as much as it just helped me, I want to share it with you.

In my dream, I was at a marketing seminar, sitting at a round table with a few friends. The challenge was to figure out how to increase the value of our product or service. The focus was on monthly subscribers (or “membership sites” in marketing lingo). However, I believe this concept can be applied to any small business. (more…)

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How I Turned My Mediocre Website Into A Million-Dollar Business

I have a confession to make: During the entire 6 years I ran my hosting company, I pretty much stunk at marketing.

I’m embarrassed to admit that my hosting company’s website actually won a contest where the goal was to find a profitable hosting company with a terrible website. (The prize? A website redesign, of course.) Our Adwords strategy was never profitable. I even failed at promoting profitable affiliate programs to our clients, and I never built a list. Frankly, I was awful at anything related to marketing.

But we lined up client after client. (more…)

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I'm Erica Douglass.
After selling my online business at age 26 for over $1 million, I created this blog to help you grow your own business quickly.

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