9:00<\/strong><\/p>\n Steve is talking about the Introduction and the winners of Dinner with Steve.<\/p>\n First, the bad news. Tim couldn\u2019t make it. So, once again, we still aren\u2019t sure if Tim exists\u2026 of if he\u2019s just a figment of Steve\u2019s imagination. :)<\/p>\n 9:30<\/strong><\/p>\n Steve is talking about his story, the story of the Hermansen Brothers, Ricambi, FastFittings.com, etc.<\/p>\n He recommends watching the Randy Pausch video. The Last Lecture. You can find more details here:<\/p>\n http:\/\/www.cmu.edu\/uls\/journeys\/randy-pausch\/index.html<\/a><\/p>\n <\/p>\n 10:30<\/strong><\/p>\n Break Time. Going well. Steve is lots of fun to watch in person. He\u2019s an excellent speaker, and uses humor well.<\/p>\n As Steve has commented on in the forums\u2026 What happens in Vegas, Stays in Vegas.<\/em> So I\u2019m being careful about what I comment on here, and what I release to y\u2019all.<\/p>\n One of the things Steve talked about earlier, was \u201cBrick Walls\u201d. He uses the definition from Randy Pausch<\/p>\n Brick walls are there for a reason. The brick walls are not there to keep us out. The brick walls are there to show how badly we want something. Because the brick walls are there to stop the people who don\u2019t want something badly enough. They are there to keep out the other people. There are 3 Fears that Steve mentions.<\/p>\n Another key point he mentioned was\u2026 You need to honestly<\/strong> assess your strengths and your weaknesses. Having a weakness isn\u2019t a problem. But ignore that weakness is. You either need to find a partner, or learn a skill. <\/p>\n Another key point Steve talked about\u2026 is. Failure Doesn\u2019t Matter!<\/strong> If you fail\u2026 do it again. Amit M failed 17 times before he hit the 18th AdWords campaign that was profitable. If he had quit after 10, or 12\u2026 or even 17. He wouldn\u2019t be successful today.<\/p>\n Bob Parsons (from GoDaddy.com) sums it up well: <\/p>\n The temptation to quit will be greatest just before you are about to succeed.<\/p>\n<\/blockquote>\n One very important item that Steve has stressed over and over again. Get A Partner. From the start. Get yourself a partner. <\/p>\n 11:05 \u2013 Introducing the Business Plan<\/strong><\/p>\n For the diversity\u2026 SEM BB, e-commerce, affiliate sites, adsense sites and buying existing website that is making a profit.<\/p>\n 12:10 \u2013 Lunch<\/strong><\/p>\n Lunch was great. Chicken, potatoes, seasonal vegetables (roasted), green salad, rolls and a caramel cheesecake. I feel a food coma coming on!<\/p>\n 1:05 \u2013 Continuing the business plan<\/strong> \u2013 going into more detail on parts of the plan (SEMBB and ecommerce)<\/p>\n What do I do when my PayPal fees are so much?<\/em><\/p>\n Check into another merchant account, such as Authorize.net, however don\u2019t go cheapest.. you need a quality merchant account. Don\u2019t bargain shop for one.<\/p>\n When do you create a 2nd store in the same niche?<\/em><\/p>\n It depends on the market. Selling Bird Cages \u2013 one store. \u201c2 door bird cages\u201d \u2013 probably not worth having a second store.<\/p>\n Ferarri parts \u2013 specific parts for the Ferarri F355 \u2013 Makes sense to have it\u2019s own store catered specifically to the F355 customers.<\/p>\n Book recommendation from Steve: Advanced Google AdWords<\/a>\n
– Randy Pausch ( 1960-2008 )<\/p>\n<\/blockquote>\n\n
\n
\n
![\"\"](\"http:\/\/www.assoc-amazon.com\/e\/ir?t=erixworld&l=as2&o=1&a=0470500239\")