Frager Factor

Sunday, May 19, 2013

Quote of the Day: Success In Business- It's All About Creating Value

How did a $13million a year revenue generating blog network sell for $1 billion? It's not about the money.

"What makes business work is creating value. If you’re going into the business with the intention of not creating value, but of having it magically provide money for you, then you often make really bad choices. The business that you’re investing in or creating doesn’t tend to be creating value for its customers or for anyone. So it doesn’t tend to spit off the cash you’re hoping it will. So many times I’ve seen people pursue passive income, and end up having active losses instead. They just spend a lot of time and money trying to push responsibilities off on other people and having it not work.”

About The Author: Owen Frager is an Internet marketing expert ready to help take your company to the next level.

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