Conventional wisdom tells you that the right time to start promoting affiliate offers is after a certain point. One year of blogging, 1,000 subscribers, after a certain number of this or that. I’m here to tell you conventional wisdom is all WRONG!
The Brick and Mortar Approach
Imagine you had a brick and mortar store. Would you wait a year to start selling something? Would you even wait a week?
Of course not!
Would you wait until the 1,000th person walked in before you sold something? No.
Would you wait until your store was more famous? How absurd!
You’d start selling something…anything…right away.
There is no denying that Sam Walton was one heck of a businessman.
And his rules for building a business clearly worked. But where is Wal-Mart today? And what would Sam think?
His Ten Rules for Building a Business are found in his book, Sam Walton: Made In America. Yesterday, we covered rules 1-5 and where Wal-Mart stands today. Today, we’ll take a look at the last five.
Here are the remaining rules for building a business and what I think Sam would think today.
It’s been twenty-one years since Sam Walton passed away.
His Ten Rules for Building a Business are still posted on Wal-Mart’s web site…but are they living up to them?
Sam Walton’s Ten Rules for Building a Business are found in his book, Sam Walton: Made In America.
Let’s look at each of them one by one and see where Wal-Mart stands today. Regardless of whether they still practice these principles, it doesn’t change the truth of them. They are excellent primers for all business leaders.
1. Commit to your business.
As a leader, you have to believe in your business more than anyone else does. If you aren’t the leader, believing in the business more than anyone else does goes a long way towards becoming a leader.
Commitment means passion, intensity, and willingness to sacrifice for the business.