Say no way more than you say yes- I bet almost every web entrepreneur has encountered this: You demo your product / explain what you’re doing and someone suggests that you do “X feature/idea”.X is a really good idea and maybe even fits in with what you’re doing, but it would take you SO FAR off the path you’re on.Be so good they can’t ignore you- I first heard this quote from Marc Andreessen, but he stole it from Steve Martin.Just be so good with what you do that you can’t be ignored.Look in obscure places- We’re often fascinated with the shiny things in the internet industry. One example would be email newsletters, which I’ve profiled before.Surround yourself with smart people- Smart people whom are successful usually got there by doing the same and have an innate desire to help those do the same.You should give yourself every opportunity possible, especially as an entrepreneur where every advantage counts.Give yourself credit– This is the thing I do the least of and I’m trying to work on it.
Leverage skills you know- You can go into new fields such as say Finance, but make sure you’re leveraging something you already know such as technology and/or product. I said that would be fun, but it would be my first documentary regardless of what happened. If I do something leveraging a skill I know, I’m already ahead of the game. If your goal has primarily monetary motivations, look at the unsexy.It’s the ecosystem that’s currently happening with the paypal mafia and can be traced all the way back to fairchild semiconductor.Charge for something– Building a consumer property dependent upon advertising has easily made many millionaires, but it isn’t the surest path.Get as many distribution channels as possible- There is some weird sense that if you build something they will just come. Each one by itself may not be large, but if you have many it starts to add up. If you’re a 100% SEO play, you’re playing a dangerous dangerous game. Go with your gut and do not care about fameballing- Go with what your gut says, regardless of how it might look to the rest of the world. Be an unrelenting machine– Brick walls are there to show you how bad you want something. If your goal is to become a millionaire, you need to be an unrelenting machine that does not let emotions make you give up / stop.That a few “like” retweet buttons and emails to [email protected] make your traffic explode grow consistently. Too often we (I) get lost in caring about what people think. Don’t worry about becoming internet famous or appearing on teh maj0r blogz. Commit to your goals and do not waver from them a one bit regardless of what else is there. You either get it done with 100% commitment or you don’t. If it’s a mass market “trend” that’s all over the news, it’s too late- This means the barriers to entry are usually too high at this point to have the greatest possible chance of success.You can surely get away with a boring product with no soul, but being so good you can’t ignore is much more powerful.