From eBay To A $31M Empire

[mandy]

Interview with Toolking.com

Cohen: Because the Internet never ends - it's 24/7 - it's all about being in alignment with the medium itself. In other words, if you are more aware, if you are more responsive, if you're changing with the changes, you will stay one step ahead of the companies that are still working on yesterday while you work toward tomorrow. Whether it is for price changes or for product changes, we monitor all of our competition by the hour to see what they are doing. We're really tied in with the industry and its publications, so we know what is happening. Then we take the best of the best and see how we can integrate that into our everyday business model.

Cohen: I think perseverance and looking at everything academically first is important. You have to learn the business before you can earn from it. Too many people who have never been entrepreneurial get into a business and think it is just going happen. Most people can be successful if they just hang in there long enough. I think if someone enjoys and is passionate about what he/she is doing, it's possible to stay in the game long enough and be successful.

full article: http://www.practicalecommerce.com/articl...M--Empire/