Kelvin Hui: As a good web publisher, you should control your budget
Kelvin Hui’s email is reprinted here.
As a good web publisher, you should control your budget
I have repeated my statement a lot of times.
As an entrepreneur, you should control your budget properly. Maybe you make 5-figure every month. If your business expense is 5-figure, basically your net profit is zero.
Let me share a case with you.
In my last seminar in Bangkok, I knew a guy Sam who has started his web publishing business since December 2006.
As a starter, he is doing well. He makes around US$300 per month. It’s not bad, right?
“I suggest you to repeat your model as I think you have found your model” I said.
“I cannot. I have no budget.” Sam said.
Why…? You make $300 every month. It is a good start and you should position up your investment..
“I have no profit. I spend all money to a dedicated server.” Sam said.
How come a newbie spends all his income to a server?
If you were Sam, what you would have done?
Let’s check my statement at http://www.ambatch.com/hosting.htm
Also, please feel free to share your opinions at: http://www.ambatch.com/forum/viewforum.php?f=70
Regards,
Kelvin Hui & Michael Shang, Ambatch.com
Traffic Manuscript: http://trafficmanuscript.com
Cheap Web Hosting: http://ambatch.com/hosting.htm
Master Publisher Program: http://ambatch.com/master.htm
P.S. If you are our students of Master Publisher Program, please don’t order our web hosting service because we will offer the package to you for free.
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