Adding Value Adds Profits: 21 Small Business Profit Boosters (#19)

coins.jpgThere is so much talk in the “Internet Marketing” world about automating your business, setting up processes, and creating “passive income” that the Nirvana would seem to be a business that is 100% hands-free. Of course, that is not possible — not entirely.

And there is also a very big downside in taking the “maintenance free” approach to building a business online. The downside is: it's possible to set up a website that is hands-free… and that makes very little money. Hmmm…

The meaning in this seems to be: the income you derive from a website is in direct proportion to the value you put into it.

Said more plainly: if you build crappy websites, expect crappy results.

There's a great post about how zero maintenance can mean zero money over at Self Made Minds. Worth reading.

Please note: I reserve the right to delete comments that are offensive or off-topic.

  • jeffwellman

    short sweet and to the point and couldn't be more true. What effrt you put into something will determine what starts coming back. You may make a big splash..but your efforts will show over the long haul.

    Jeff

    • That's exactly the point — thanks for your input Jeff!

  • jeffwellman

    Very true Ray, The efforts you put into something is going to determine what starts coming back. Especially over the long haul. You can have a big inital splash but you will soon be recognized by the value you add over time and your efforts. Little in..little out!

    Jeff

  • The “hands-free” approach has a certain appeal, I must admit, but at the same time, if you're going to build a business, you tend to want to be involved in it and its development.