Wednesday, 17 June 2009

The Core Theory - Part 1

Small Business Stacking (SBS) is the core business model to set. While in college we never once heard a theory like this. It is a very simple theory and if you learn anything from this site this is probably the most important lesson, so please pay attention.

When you launch a business you would think that the larger the business the better, however if you launch several smaller businesses you can accomplish the same task but with lower risks. Let me explain.

Here is how it worked. Let say your original grand goal was to make $100 a day, we havo to set this as a goal because we knew if anyone could reach this number they could quit from their job. So when you decided to launch your first web site, you should decided to divide this goal into different parts. Instead of my goal being $100 a day let us lowered it to a more realistic amount, $10 a day.

Once we reached the first goal of $10 a day, grow it and launch another web site with the same goal. After this one was set and going well, launched another one. This is where the SBS theory comes in. After launching several web sites you will reached the goal of $100 a day and you will able to quit your job.