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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?"



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?


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

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.


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The Australian Financial Review

Sydney, Melbourne housing boom is over, auction clearance rates show
The Australian Financial Review
Preliminary auction clearance rates, a proxy for how the housing markets fare week on week, were in the 60 per cent range for the two biggest housing markets last week, Corelogic data shows. For the full week, Sydney's auctions cleared at a preliminary ...

and more »

KAR Auction Services (KAR) Earns Media Sentiment Score of 0.14
Macon Daily
KAR Auction Services logo Headlines about KAR Auction Services (NYSE:KAR) have trended somewhat positive on Saturday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in ...

and more »

Auction benefits Relay for Life
Rocky Mount Telegram
Good deals for a good cause could be found on Saturday at the Relay for Life Charity Auction. Fishing poles, small appliances, portraits of Marilyn Monroe and London, a large Teddy Bear and just about everything else was auctioned off with the money ...

Free Malaysia Today

Auctioneers' body warns of massive job losses due to e-Lelong
Free Malaysia Today
Council of Auctioneers Malaysia says pre-auction procedures like filing of affidavits, distributing advertisements and other tasks will be taken over. Council of Auctioneers Malaysia chairman Mustafa Osman (centre), his deputy R Raj Yogan Pillai (right ...

March 24 Teller Wines Expo auctions to include artwork, trips
The auction will also feature exciting exclusive items. The Art Lovers Santa Fe Getaway is a nine-day/eight-night stay for two adults in an original, 1930s adobe in Santa Fe's historic South Capital district. Included in this terrific package are two ...

KPRC Click2Houston

Records broken by Junior Market Steer Auction buyers at Houston Rodeo
KPRC Click2Houston
HOUSTON - New world records were set by buyers Saturday on prices fetched for the champion and reserve champion lots during the Houston Livestock Show and Rodeo Junior Market Steer Auction, event organizers said. The Grand Champion Junior Market Steer ...

and more »

The Sunday Business Post

€3.2m of apartments and houses sell at public auctions
The Sunday Business Post
€3.2m of apartments and houses sell at public auctions. Donal Buckley. By Donal Buckley Mar 18, 2018. Share this article: €3.2m of apartments and houses sell at public auctions. Four-bedroom Glee House, Keelogue, Killeshin, Co Carlow sold for €210,000 ...

American International Group Inc. Increases Stake in KAR Auction Services Inc (KAR)
American International Group Inc. lifted its stake in KAR Auction Services Inc (NYSE:KAR) by 21.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,399 shares of the ...

and more »

KAR Auction Services Inc (KAR) Shares Bought by Thrivent Financial For Lutherans
Week Herald
KAR Auction Services logo Thrivent Financial For Lutherans increased its position in shares of KAR Auction Services Inc (NYSE:KAR) by 60.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC ...

KAR Auction Services Inc (NYSE:KAR) Position Lifted by Thrivent Financial For Lutherans
KAR Auction Services logo Thrivent Financial For Lutherans raised its stake in KAR Auction Services Inc (NYSE:KAR) by 60.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The ...

and more »

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How To Sell On eBay: The Money Is In The Back-End
Many people who sell on eBay completely neglect the follow-up process. They post an auction.

7 Steps to Easier eBay Shipping
If you're like me, you probably hate packing and shipping the things you sell on eBay. Don't get me wrong, I love selling on eBay.

Online Auctions: The New Way of Shopping for Mauritians
Since their introduction several years ago, online auctions, such as eBay, have been one of the hottest destinations on the World Wide Web. Auction sellers are attracted by the prospect of a broad venue for their products and the possibility of high profits.

How To Find Tons of Hot Items Selling On eBay ...In Less Than 10 Minutes
There are many ways to start a home business online, and few are easier than eBay - the world's largest online auction site. However, there is one critical condition - you have to know what to sell and how to sell it.

Start Selling On eBay - Getting Started On The Right Foot
You've started your own eBay business and, even though it's part time right now, you know it's going to become a huge success. You are able to see the day when you can set your own hours, set your own dress code and call your own shots.

Selling on eBay - Have You Found the Magic Formula Yet?
Selling on eBay can be very profitable and a great way to make some cash while clearing your house of unwanted items at the same time. It's quite simple, just describe and photograph your items and seven to ten days later you'll get a payment though paypal or by check posted to you.

The Secret Of The eBay Money Machine And How To Get Your Share
If you have all the money you need, then this information wont be of much use to you! If however, like most of us, there are times when you could do with a little more, read on. At times we all come across circumstances where we could do with some extra income, be it that extra special present we need to buy, that unexpected bill that needs paying or just to make ends meet.

Hurricane Katrina Donations Could be Many Millions More - eBay Sellers Try in Vain to Help
Yesterday I saw a mention in someone's email ezine about a kind person who had an eBay auction with the proceeds going 100% to help victims of the horrible Hurricane Katrina. It struck a chord with me because I had wanted to set up something similar, but found that the "eBay Giving Works" charity program seems to be terribly flawed for us small sellers.

How I Was Nearly Conned On eBay
I am not sure how many people have had bad experiences on eBay, I hope not too many. I was having a great time on there until some man tried to defraud me out of £170.

How To Sell On eBay & Keep Your Shirt
Have you ever been delighted after a huge sale on eBay. .

eBay: No Way? Yes Way (Ten Seller Themes)
Hearing that there are more than 1.2 million registered eBay users, that more than 25,000 members make five figure income as full time eBay entrepreneurs, and that more than 250,000 part timers make several thousand dollars a year of supplementary income from eBay enterprises would make anyone comment in disbelief with, "No Way".

USP on eBay
If you have dabbled at all in the world of Internet marketing, you may have heard the term "unique selling proposition" or USP. USP is a technique that Internet marketers use to set themselves apart from the competition.

Online Auctions Business
Online auction sites are a great way to find a bargain on almost anything and an excellent way of getting the best price for selling something of your own. Online auctions are different from their real-world counterparts.

Your eBay Business - 8 Ways To Insure Its Success
I don't know if you've ever noticed, but it seems like every week or two we read about another Powerseller going out of business. If you want your auction business to be a long-term success, then it's important that you plan now for it's continued growth.

Eating and Thriving On-Line
The Internet SHOULD be "the place to shop" for low-carb dieters, diabetics, celiacs, and anyone else on a special diet. The posted prices are well below those in retail stores, the variety is greater, you are dealing with firms whose specialty is dealing with your need, and the products for sale are described fully in type that is designed to be read (isn't that a pleasant contrast to the packages you see in your local store.

Selling Effectively on eBay Motors
Remember back when selling online was a new experience? Dealers tried everything to sell their vehicles online. Today's market has expanded to include several hot online marketplaces but there is the largest online marketplace, eBay.

Rent A Coder & Other Service Auctions
You may be in the market for a new website. Perhaps you may be looking for a new logo or a database constructed for yourself or a small business.

Making Money On eBay Can Be So Simple, Just Let Somebody Else Do All The Hard Work For You
OK, so you've been bitten by the eBay bug! You've ransacked the attic, the basement and every other room in your home to find things to sell on eBay. When friends and neighbors ask you where everything has gone, you tell them that you're going for the "Minimalist Look".

Making Money on eBay is Really Easy
If I can do it you can. Let me tell you my story.

eBay - Tapping Into The Japanese Collector Market
If you owned a skateboard shop in your local mall would you put a big sign in the window saying "No Baggy Pants Allowed"? Of course not. If you did you would be eliminating 50% or more of your most avid potential customers.

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