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 commited 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 digged 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.

In The News:


CEP News

TREASURIES-Bonds extend gains after 10-year note auction
Reuters - 2 hours ago
NEW YORK, Jan 8 (Reuters) - US Treasury debt prices extended gains on Thursday afternoon after decent demand in an auction of $16 billion of reopened ...
Treasurys down after $30B auction CNNMoney.com
Solid auction strengthens safe-haven bid guardian.co.uk
Borrowing binge exacerbates selling in US bonds Reuters India
CanadianBusiness.comall 150 news articles

United Country Auction Services, Colliers International form alliance
Bizjournals.com, NC - 2 hours ago
United Country Auction Services, based in Kansas City, has aligned with Colliers International to provide accelerated transaction services to commercial ...

Economist

BOND REPORT: Treasurys Modestly Lower Ahead Of Three-year Notes ...
CNNMoney.com - Jan 7, 2009
Another $112 billion in short-term bill auctions are scheduled as well. Also on tap, Treasury Secretary Henry Paulson will discuss the role of Fannie Mae ...
US Treasuries Decline Before Record $30 Billion Debt Auction Bloomberg
Weak Jobs Report Lifts Treasurys Wall Street Journal
TREASURIES-Longer bonds fall on auctions, issuance fears Reuters
EasyBourse.com - Wall Street Journalall 236 news articles

Washington Post

Japan’s 10-Year Bonds Fall; Surge in Sales Cools Auction Demand
Bloomberg - 12 hours ago
The sale drew bids worth 2.33 times the amount offered, compared with a so-called bid-to-cover ratio of 2.9 times at the previous auction last month. ...
Japanese 30-Year Bonds Decline as Dealers Prepare for Auction Bloomberg
Japan 10-Year Bonds Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japan Bond Futures Fall as Stock Gains Reduce Demand for Debt Bloomberg
Bloombergall 612 news articles

ABT: Lionel #3650 Dk Gray Searchlight Car/OB
Auction Central News, NY - 2 hours ago
TIME: This Auction begins at 7:30 pm Eastern Standard Time on Monday, January 19, 2009. It will be completed prior to midnight on that date. ...

CEP News

French, Spanish bond auctions soothe supply nerves
guardian.co.uk, UK - 7 hours ago
"The Spanish auction went a bit better than the French. You got a bit better bid-cover ratio for the 2014 (Spanish sale) from the last auction in October ...
German Bond Auction Fails to Attract Enough Demand Bloomberg
Bond scare as German auction fails and British debt hits danger level Telegraph.co.uk
Investors shun auction of German Bunds Independent
Financial Times - CEP Newsall 24 news articles

Record UK Gilt Sales Raise Risk of Auction Failure
Bloomberg - Jan 7, 2009
7 (Bloomberg) -- Britain may overwhelm bond investors with a record number of quarterly debt sales, risking the first failed auctions since 2002 as the ...
More questions over Britain’s ability to raise new debt Financial Times
Fears over UK gilts going unsold First Post
all 4 news articles

Auction to benefit Warrior Foundation
San Diego Union Tribune, CA - 4 hours ago
By Rick Rogers (Contact) Union-Tribune Staff Writer OCEANSIDE — An art auction to benefit the Warrior Foundation will be held at 5 pm Jan. ...

St. Louis Post-Dispatch

Fire damages livestock auction site
Belleville News Democrat,  USA - 6 hours ago
Investigators are looking into the cause of an early-morning fire at a livestock auction site in Franklin County. The fire broke out around 3:30 am Thursday ...
Three-alarm fire guts Livestock Center in St. Clair, Mo. St. Louis Post-Dispatch
Three Alarm Fire At Livestock Auction Center MyFox Saint Louis
fire guts Livestock Center in St. Clair, Mo. St. Louis Post-Dispatch
all 10 news articles

Voxy

Farmers hit out at Fonterra
Stuff.co.nz, New Zealand - 1 hour ago
The introduction of auctions in July coincided with a fall of over 50% in international dairy prices. Last month, former National MP Wyatt Creech, ...
Suppliers call for review of auction system Otago Daily Times
World Milk Prices Continue to Decline - NZ's Fonterra FLEXNEWS
Milk powder prices curdle in crisis The Australian
just-food.com (subscription) - NZ Herald Dunedin Metroall 134 news articles
auctions - Google News


PARLOT.COM: Turnkey Money Making websites

How To Sell On Ebay: Using Store Policies To Cement Your Credibility

In your quest to build credibility as an Ebay seller,... Read More

12 Items You CANT Sell On EBay

Millions of would-be entrepreneurs want to sell things on ebay.... Read More

So, Can You Really Sell EBooks On EBay And Make Cold Hard Cash?

Selling eBooks on eBay, and making any worthwhile profit from... Read More

Five Ways To Detect Shill Bidders On eBay So That You Dont Pay Absurd Prices

There is as a lot of buzz about shill bidders... Read More

Earn Money Now from Selling Childrens Items on Ebay

Kids Items You Can SellClothes, toys and videos are good... Read More

Drop Shipping Increases Profits

You would like to increase your income by selling other... Read More

Selling on Ebay-Get Started in 7 Easy Steps

Ebay auctions are definitely the easiest and fastest way to... Read More

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... Read More

Joint Venture For eBay Success Too!

Whether you're succeeding in your online auction attempts, just getting... Read More

Auctions Make Money!

An untapped online business resource--outside of your basic Yahoo and... Read More

Join the Home-Based Business Revolution

Greetings, Friend. So you've decided to go into business. Great.... Read More

Be Realistic When Selling on eBay

As some of you know, I spent many years buying... Read More

5 Reasons Why Playing Music On Your Auctions Is A Bummer Of An Idea

There are 147 million registered users on eBay, and tens... Read More

How To List Your Items On eBay

Listing your items on eBay can be very confusing if... Read More

Four Huge Mistakes Ebay Sellers Make (Even Some Moderately Successful Ones)

No matter how many times I see it happening, I'mconstantly... Read More

The Webs Best Online Auction Sites

The best online auction links for buyers and sellers are... Read More

eBay Gold

Internet auctions are relatively new having been around since the... Read More

eBays Hot Selling Books, Find Out Which Books Sell & How To Find Them

Selling books on eBay can be a very lucrative business!... Read More

Professional eBay Auctions Reap the Profits for Sellers

eBay offer an unbelievable amount of traffic for ANYONE wanting... Read More

Profitable Paper Piecing on eBay--Part 1

Why sell paper piecings on eBay?eBay is a great way... Read More

How To Cut Your eBay Fees By More Than 90%

Now, are you ready for the REAL TRUTH about selling... Read More

Dropship Your Way To Ebusiness Success

Q: I would like to start my own eBay business,... Read More

How Pop-Culture Collectibles Can Increase Your Online Auction Profits

How Pop Culture collectibles can increase your Online Auction profitsWith... Read More

eBays Latest Fee Increases--Is this the beginning of the end?

On January 13, eBay sellers received an unwelcome announcement from... Read More

eBay Auction Sellers Guide to Finding Hot Money Making Products

You might be one of the thousands of individuals who... Read More