Escape the 9-to-5 and live the lifestyle of your dreams by transforming your life's passion into an extremely profitable internet business—starting now.

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In this episode we go over six tips to help you create a business that is a system so that you control the business and it doesn’t control you. We also talk more about how you must work on your business and not in your business if you want to be a true entrepreneur and acheive financial freedom. We also introduce a new segment called the Internet business quick tip.

Also…

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In this episode we debunk the entrepreneurial myth that you are an entrepreneur if you just quit your job and work for yourself. We explain why most people who call themselves entrepreneurs are not really entrepreneurs. Then we discuss how to avoid falling into this trap by identifying the source of your income streams are and balancing the major roles that you play as a business owner.

Here are the two books we mention in this episode:

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It’s important to take care of the basics and set the foundation as you build your road to financial freedom on the Internet. In this episode we talk about the different kinds of business entities (LLC, S-Corp, C-Corp & Partnership). We discuss the ins and outs of starting your own business entity and questions such as:

• When should you create a business entity?
• How do you create a business entity?
• Why should you create a business entity?
• What is the hidden benefit of starting a business entity now (Hint: it’s part of the success mindset)
• Which is better…an S-Corp or LLC?
• and more…

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On this episode of Internet Business Mastery we continue our discussion about information products and why they should be part of your Internet marketing and if not THE focus of your Internet business. We look at the pros and cons of digital and physical information products.

You can find a list of example information products here.

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In this episode we talk about the three main types of things you can sell online as well as their pros and cons. We reveal our favorite kind of product and why we focus our businesses on it.

We discuss the best thing a professional consultant or service provider can add to their business to boost revenue and get more client leads.

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