With The Right Internet Business Home-study Course You Can Generate Exponential Power In Your Business

Published November 3rd, 2008

How the Emperor of China rewarded the inventor of chess, with ever-doubling piles of rice grains for each square on the board, is one of the most famous ways of describing the law of accelerating returns; but ancient as that story is, the phenomenon of exponential growth has been going on all around us since the Stone Age.

In his 2001 paper, Raymond Kurzweil wrote that “…the emergence of the first technology creating species resulted in the new evolutionary process of technology. Therefore, technological evolution is an outgrowth of–and a continuation of–biological evolution.”

The paper went on to demonstrate The Law of Accelerating Returns, which simplifies the understanding of such phenomenon as Moore’s Law and sheds the spotlight on why technology is moving at such a rapid pace.

So if you are thinking of running a business online, or already have one, Kurzweil is good reading. Yet so too is choosing the right Internet business video coaching.

The Internet is still such a new medium for business, that our ways and means of using it will change continuously for some time to come. Therefore, what may have worked for people even six months ago could be old-hat now.

However, one single thing is common to all businesses still. All successful online companies share this core characteristic: A targeted, and self-propelling list of prospects which grows exponentially.

To achieve this, it is important to consider which listbuilding software is best for your business.

With the right decision, you could soon be enjoying a life of freedom while your business grows automatically. Get it wrong and you could be chained to your desk.

No one should make such a decision lightly. It is one which should be investigated thoroughly. Running a business on the Internet can be the most enjoyable and time-giving things you do for you and your family. But only if you have a true automatic online company, can it be so.

One of the chief reasons why the Internet gives us such opportunity is because word-of-mouth marketing, as we used to call it offline, is the much more powerful viral marketing online. And viral marketing is a great deal quicker and more precise than good old Chinese Whispers.

Lets look at a comparason…

Typically, restaurants get about 75% of their business from repeat customers or referrals. However, when you go to a restaurant and have a good meal, at least one which you might tell your friends about, you will need to remember exactly what its called and what street it is in so that your referral has an idea of where to go to experience the same.

There is plenty of room for error therefore.

On the other hand, when you are referred with a unique link from someone to go and look at a site, it may come to your inbox, or perhaps you saw it on a blog or even on Twitter. Then, because it is a digital link, it can not be forgotten or missrepresented. It will remain unchanged. And when you click on that link, arrive at a page without anyone having to give you directions.

Viral marketing is so important that I often say, If you are not using viral marketing to grow your business online, then you might as well be off-line.

Spread the Word