Oct 17
Hello Guys & Gals,
Whew… I missed a few days this week because…
All right, I’ll spare you the details of my excuse. Like my Dad always says, “Excuses are like armpits. Everyone has a couple of them and they usually stink!”
Here’s the tip today…
The Little Known Phantom Opportunity Cost Effect
(I explain it all in the video below!)
Make it a great day!
All the best,
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Tim Schmidt

October 17th, 2008 at 11:57 am
Hey Tim, can we get a transcript for those of us without audio? I’m in the back office of my restaurant right now and all PC audio is piped to the dining area … can’t let your tips get out to the general public!
October 17th, 2008 at 7:27 pm
I never thought of that before! Very helpful advice! I have been racking my brain for about two weeks trying to decide what type of business venture I want to start, but thought some of my ideas were too “niche-y”. But perhaps those are the ones I should most seriously consider.
October 17th, 2008 at 7:28 pm
Tim, I know todays tip seems to be so basic and you did an Awesome job of explaining it.
They say “Niche to be Rich”.
Example: If I was marketing a product “Health Issues for Men” vs marketing a product “Health Issues for Men in their 30’s”.
Now if I was a man, (which I am) and I am in my 30’s or near my 30’s, which product would I choose, of course the “health issues for men in their 30’s.”
Thanks alot Tim for all your great advice, I can’t wait for the next video
Chuck Choate
Sportcuts
October 18th, 2008 at 5:20 am
Hi Ryan,
Good point. I’ll try to explain each tip in full text as well in the future. BTW, I checked out your blog… very nice. I may just have to borrow the same theme you’re using. I really like it.
Take care,
Tim