Not many academics are
multimillionaires.
I had lunch with a bunch of professors not long ago, and one of them was indeed a multimillionaire.
It came time to leave, and everyone asked for separate checks.
(I hate that; when
you have that many people, you are making your server insane by asking for separate checks.)
Anyway, this guy left his tip in cash.
A whopping $1.
Maybe it's because my mother used to wait tables when I
was little, but that kind of thing really burns me up. Cheapskates in general bother me, but that $1 tip took the cake.
So when he stepped away from the table I stayed back, threw some more money onto his tip, and then rejoined the group as we exited the restaurant.
Now:
There's one area where it's all right, and quite admirable, to be a cheapskate.
When you can avoid it, don't pay for website traffic. Maximize the traffic you get for free.
I have a bunch of listeners with wildly profitable websites who don't spend a cent on traffic.
In particular, Sara Young and Andrew Hansen, two online entrepreneurs my listeners swear by, just released a free case study reviewing how they took a site earning $68 per month to nearly $18,000 per month over the course of a year -- and without paying for
traffic.
Note that they didn't earn a million dollars, or some other figure that seems like it's out of science fiction.
Their approach does not make you wealthy overnight. But it also doesn't involve advertising budgets or other stuff that fills normal people with anxiety and
dread.
It involves building something lasting and long term, which can indeed become quite profitable over time, which you'll enjoy, and which you can be proud of.
They're keeping this case study up for an extremely brief window.
You know and I know that you're smarter than most people. But the kinds of things you need to know about starting a profitable site don't come from innate smarts. They come from studying what works and what doesn't, and learning from people who have been doing it for 20+ years.
I cannot urge you more strongly to
download this report:
Tom Woods