Reinvest Revenue
How many of you reinvest your revenue? Anything from promoting and marketing more, buying more webspace, another domain, creating the means to offer another service, etc.
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Of course if my website is getting more visitors I will upgrade the hosting plan, but I will not neccesarily make another domain. More services is always a plus and can draw in even more visitors.
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I try to reinvest atleast 40% of all revenue back into my businesses. This money is almost always spent of advertising or touch up for the website. In the end, it really makes a big difference. As the old saying goes; "The more you spend, the more you earn"
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Indeed, that's how it goes and it holds true. Only recently have I begun reinvesting revenue. I use it to advertise and provide more products/services.
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