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What eBay Can Teach Us About Success


I flew back to New York from Atlanta a few weeks ago and picked up 'Business 2.0' magazine for the flight.

It was an excellent issue, but something so grabbed my attention that I ripped out the page because I wanted to share it with you.

As many of you know, I used to be the 'King of Procrastination and being scattered'. That was me for about 7-8 years.

Those were tough times.

You see, because of those years where I was 'all over the place', I'm so committed right now to being focused and helping others become more focused.

To me, 'Whoever has the strongest focus wins.'

Focus is everything.

So, I'm reading the magazine and there's an interview with Meg Whitman, the CEO of eBay, about growing a business.

Because I admire successful businesses and people, I dug in and started to read.

Here's what really caught my attention and I wanted you to read this also:

Question to Meg Whitman:

"eBay is an amazing growth machine. What were the key decisions you made that set up the company for this kind of hyperthyroidism?"

CEO of eBay, Meg Whitman:

"The key decisions can all be characterized by focus, focus, focus. Back in March 1998, we were faced with a decision on what categories we wanted to focus on.

We decided to really be a collectibles company The heaviest users were collectors, the heaviest sellers were collectors. It was a very explicit strategic decision, because part of the group wanted to go into consumer electronics and all of these categories we are in today."

And we answered, "We have only a limited number of resources. What is the best focus that we can have?"

End.

Wow.

Focus, focus, focus.

My whole financial life changed when I started to FOCUS.

Read the last sentence that Meg Whitman said above.

Ask yourself it this way:

"I only have a limited number of resources. What is the best focus I can have?"

Meg Whitman is worth hundreds of millions of dollars. What do Meg, Tiger, Oprah, and Stephen Spielberg all know?

You need to FIND YOUR FOCUS and TAKE ACTION.

eBay's now one of the most successful companies in the world.

Let's ignite your success today.

You in?

Talk to you soon.

Mike Litman www.mikelitman.com   www.greatnessheldhostage.com

Mike Litman is the co-author of the #1 Best-selling book Conversations with Millionaires. Over the last 3 years, Mike has unleashed the greatness of tens of thousands of people worldwide. Networking Times Magazine called Mike Litman 'a modern day Napoleon Hill' and at the age of 30 he's already shared the stage with well-known speakers such as Mark Victor Hansen and Bob Proctor.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Wed. August / 23 / 2017


Engadget

EE is also suing Ofcom to mould 5G spectrum auction as it sees fit
Engadget
It seems a couple of UK carriers would rather tie the impending 5G spectrum auction up in litigation than let any of their competitors get their own way. Following in the footsteps of Three, EE is launching its own legal challenge against Ofcom in an ...

and more »


Iraqi News

Central Bank of Iraq Auctions $164564938 on 23 August 2017
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on August 23 registered $164,564,938 in sales, a 2.60% volume increase from the US $160,395,885 sold by Iraqi Dinar, credit and transfer at the previous auction held on August 21.



California pollution permits sell at highest price ever
Red Bluff Daily News
Last week's auction was the state's first since lawmakers voted to extend California's cap and trade program through 2030. It requires businesses, oil refineries and other polluters to obtain permits to be able to emit carbon, with the overall goal of ...



Telegraph.co.uk

Property
Telegraph.co.uk
The appeal of auctions is strengthening in a slow market, says Auction House. The property agent has put more buildings on the block in 2017 than in any other year of its decade-long history – 2,533 auction lots, up from 2,480 in 2016. These sales have ...



California Auction Raises $640 Million for Greenhouse Gas Fund
Bloomberg BNA
The auction, conducted Aug. 15, was the first since a California appeals court rejected claims from businesses and California's Chamber of Commerce that the auction was an illegal tax. It also was the first since enactment of a state law championed by Gov.

and more »


Funds buy record amounts of longer-dated Treasuries at auctions
New York Daily News
Foreign investors, another major group of holders of U.S. government debt, bought $1.783 billion of the latest 10-year supply, the least amount they bought at an auction since June 2009 and well below the $3.405 billion they purchased the previous ...

and more »


Live Trading News

The Million-Dollar Blue Diamond on Auction in Beverly Hills
Live Trading News
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach ...



Republica

Beatles' 'Eleanor Rigby' score expected to fetch $26000 at auction
Republica
"Each item is fantastic, unique and of significant historical importance in itself, so to have both come up at the same time is an incredible coincidence," said Paul Fairweather from Omega Auctions, which is selling the items. "I expect there to be ...

and more »


Express.co.uk

New five-pound SHOCK: Rare notes could be worth £17000 - here is how to spot one
Express.co.uk
In May, a £5 note dated 1971 with a serial number A01 000004, which means it was handed to the then Chancellor Anthony Barber was sold at an auction for £16,800. Andrew Pattison of Spink & Son, says: “In terms of the serial number, anything at 000999 ...

and more »


Coca-Cola Selects The Future of Real Estate (FRE.com) to Conduct Online Auctions for 2 Former Distribution Centers
Markets Insider
NEWPORT BEACH, Calif., Aug. 22, 2017 /PRNewswire/ -- Having conducted successful auctions in the past for Coca-Cola Enterprises Inc, The Future of Real Estate (FRE), a leading online auction marketing firm, is once again conducting a sale by auction of ...


Google News

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