Not many online gurus talk about this – but you need to manage your cash-flow if you want to have a successful online business.

“Your income should be MORE than your expenses.”

Make sense?

If you’re just starting out, you need watch your expenses.

There will be hundreds of courses, DVD sets, software, ebooks, gadgets and what-nots – Practise some restraint … don’t blow a hole in your pocket :-)

Consider your business goals – does this new product support your business goal? Will it help you in your online business?

Buy wisely – invest only in products/services that will help you achieve your goals.

~~~~~~~~~~~~~~~

For example, if your goal is to build a string of adsense websites – earning $5,000 per month – then your purchases should support this goal.

It does not make sense to buy a “List Building eCourse” – even though the sales letter is very compelling.

*NOTE:

This does not mean you should buy every adsense related products on the Net. You’ll be broke in no time.

Ask these questions before you buy:

• Does this product support my online business goal?
• Will I have the time to use it? (or will this product end up collecting dust on my PC?)
• Have I exceeded this month’s budget?

Don’t worry about “missing out” on a good thing – there will be many more good stuff to come. You can count on it.

Here’s one of my favorite quote:

*** “Keep a POSITIVE CASH FLOW at all times” ***

Warmly,
Adrian