hi I’m Evan Carmichael I’m welcome to another edition of ask Evan in today’s
another edition of ask Evan in today’s
another edition of ask Evan in today’s video I’m going to answer a question for
video I’m going to answer a question for
video I’m going to answer a question for one of our readers Joey who asks hey
one of our readers Joey who asks hey
one of our readers Joey who asks hey Evan I want to know your opinion on
Evan I want to know your opinion on
Evan I want to know your opinion on penny auction sites I know this business
penny auction sites I know this business
penny auction sites I know this business model is quite big in the US and Europe
model is quite big in the US and Europe
model is quite big in the US and Europe do you think it will work in Asia Joey
do you think it will work in Asia Joey
do you think it will work in Asia Joey so Joey I’m going to give you an answer
so Joey I’m going to give you an answer
so Joey I’m going to give you an answer that maybe is not what you want to hear
that maybe is not what you want to hear
that maybe is not what you want to hear but I’ve never been a big fan of
but I’ve never been a big fan of
but I’ve never been a big fan of businesses that are just trying to make
businesses that are just trying to make
businesses that are just trying to make a quick buck I’ve always tried to
a quick buck I’ve always tried to
a quick buck I’ve always tried to encourage entrepreneurs and follow
encourage entrepreneurs and follow
encourage entrepreneurs and follow something they’re really passionate
something they’re really passionate
something they’re really passionate about and something that they can add a
about and something that they can add a
about and something that they can add a lot of value to and help people up with
lot of value to and help people up with
lot of value to and help people up with because those are the businesses that
because those are the businesses that
because those are the businesses that you’re going to have long-term success
you’re going to have long-term success
you’re going to have long-term success with a lot of entrepreneurs start a
with a lot of entrepreneurs start a
with a lot of entrepreneurs start a business try to make you know quick bot
business try to make you know quick bot
business try to make you know quick bot trying to get rich quick and usually the
trying to get rich quick and usually the
trying to get rich quick and usually the exact opposite happens and is the reason
exact opposite happens and is the reason
exact opposite happens and is the reason why most businesses fail a lot of this
why most businesses fail a lot of this
why most businesses fail a lot of this cuz they’re they’re chasing you know
cuz they’re they’re chasing you know
cuz they’re they’re chasing you know that quick money and they’re not
that quick money and they’re not
that quick money and they’re not actually doing something that adds a lot
actually doing something that adds a lot
actually doing something that adds a lot of value so if you’re thinking long-term
of value so if you’re thinking long-term
of value so if you’re thinking long-term value that you can add you’re going to
value that you can add you’re going to
value that you can add you’re going to be compensated in proportion to how much
be compensated in proportion to how much
be compensated in proportion to how much value and how much help you can give to
value and how much help you can give to
value and how much help you can give to your target customers so I would try to
your target customers so I would try to
your target customers so I would try to encourage you to look at something
encourage you to look at something
encourage you to look at something you’re super passionate about something
you’re super passionate about something
you’re super passionate about something you think you can really help people out
you think you can really help people out
you think you can really help people out and it could still be in the online
and it could still be in the online
and it could still be in the online space and try to focus all your energies
space and try to focus all your energies
space and try to focus all your energies on that as much as you can and is useful
on that as much as you can and is useful
on that as much as you can and is useful and helpful as possible and from there
and helpful as possible and from there
and helpful as possible and from there you’ll be able to develop your business
you’ll be able to develop your business
you’ll be able to develop your business model and at the end of they make a lot
model and at the end of they make a lot
model and at the end of they make a lot of money instead of trying to you know
of money instead of trying to you know
of money instead of trying to you know chase that quick buck if you look at the
chase that quick buck if you look at the
chase that quick buck if you look at the famous entrepreneur profiles that we’ve
famous entrepreneur profiles that we’ve
famous entrepreneur profiles that we’ve had all across our site almost all of
had all across our site almost all of
had all across our site almost all of them started because they had a strong
them started because they had a strong
them started because they had a strong intense passion to you know make that
intense passion to you know make that
intense passion to you know make that industry better than it was before you
industry better than it was before you
industry better than it was before you never see them starting off saying i won
never see them starting off saying i won
never see them starting off saying i won i want to get rich and usually when you
i want to get rich and usually when you
i want to get rich and usually when you you know try to get rich it doesn’t
you know try to get rich it doesn’t
you know try to get rich it doesn’t happen but if you try to add a lot of
happen but if you try to add a lot of
happen but if you try to add a lot of value then you’ll get all the riches
value then you’ll get all the riches
value then you’ll get all the riches that you’re you’re after so maybe not
that you’re you’re after so maybe not
that you’re you’re after so maybe not the answer you’re looking for but i hope
the answer you’re looking for but i hope
the answer you’re looking for but i hope that gives you some perspective if you
that gives you some perspective if you
that gives you some perspective if you guys liked the video please give it a
guys liked the video please give it a
guys liked the video please give it a thumbs up below I’d also love to hear
thumbs up below I’d also love to hear
thumbs up below I’d also love to hear thoughts if you want to leave
thoughts if you want to leave
thoughts if you want to leave comment and stay tuned for the next
comment and stay tuned for the next
comment and stay tuned for the next episode
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