June 2010

Why immigrants are more successful than you!

by Neil Patel

Laxmi Mittal - indian immigrant

Who would of ever thought that there would be so many successful immigrants. If you look at it from a surface level, it just doesn’t make sense, right?

Many immigrants are coming from a third world country, they have little to no money, and they barely speak English. So how the heck do they become successful?

Well, if you dig a bit deeper, it makes a lot of sense…

Love is over rated

Immigrants don’t come to this country to do what they love; they come here to make money. Happiness is the last thing on their mind because all they care about is making money.

With that money they can provide a better future for the family and most importantly provide their kids with the things that they never had.

Now the big difference between immigrants and you is that in life you were taught to do what you love. For example if you want to be an astronaut throughout your life your parents and teachers encouraged you to follow your dreams. While with immigrants, they are taught to do whatever makes money. [click to continue…]

315 comments

15 Warning Signs That Your Business Sucks

by Neil Patel

warning sign

Let’s face it, you’ve wondered if your business is going to succeed or not. You keep on pouring your heart and soul into your business but for some reason you aren’t making a ton of money.

Well the sad part is, there is no sure way to know if your business is going to fail or succeed. But these warning signs should help you determine your odds of succeeding.

1. You’re not making a profit.

It’s easy to say that you have to make money, but in reality that isn’t true. You need to be making a profit. Bringing in a million dollars a month is useless if you are spending a 100 million. That means you would be losing 99 million dollars every month.

Successful businesses make profit. And although you may not be profitable right now, you have to work towards it.

According to the Small Business Administration, most businesses fail in the first 5 years because they can’t make a profit.

2. You haven’t talked to a potential customer

Do you think your business is cool? Who cares what you think! All that matters is what your customers think because they are the ones paying you.

If you haven’t talked to a customer yet, you better get off your ass and do so. And more importantly, don’t just talk to one, talk to a few. [click to continue…]

283 comments