Frager Factor

Friday, December 20, 2013

The Name Of Your Company May Be The Single Most Important Thing You Do Next To The Model To Make A Profit

For those of you who dabble in domains waiting for the end user prince charming to sweep you into wealth, my pal Rick Schwartz has a few choice words:
We all want to try and understand and sell to the end user. There is a reason the end user is hard to make contact with. The reason I have seen played out dozens of times. Instead of thoughtful deliberation, MOST businesses will jump on the first idea. That is as far is it goes. I think that becomes the base problem. So many just pick the first solution, not the best solution. The first name, not the best name. Instead of thinking of 5 or 10 possibilities, then weeding out the weak ones and finally deciding on the best one……this is NOT the road they use. I am amazed by this huge pitfall that so many have and display. The name of your company may be the single most important thing you do next to the model to make a profit.

Oh yeah, model to make a profit. That component is lacking in oh so many projects. It is not that they could not build it to be profitable, but since they are all in a rush, they just never do it. It’s like the conversation to get and find traffic. Their answer is always…”No problem, we got that covered.” But as we all know, most don’t really have that covered and they are stunned when they are hit in the face with the reality of things.

What’s the damn rush?? That’s all I really want to know. When there is no need to be in a hurry to begin with. It’s not a bad thing to find an answer that is not perfect.  It is a bad thing to stop before you find that perfect answer. It is bad because it is lying there. The best answer is always just lying right next to all the others. You just got to dig a little deeper. Look a little wider. Ask some more pointed questions. Do 

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

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