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Observing Self-Made Millionaires Can Help You Make Money Online

Lawrence Sykes : May 12, 2012 2:36 pm : Automation, Enhancing Your Life, General Business Advice, Investing, Marketing

Images_of_Money photo on Flickr


One does not become rich by just dreaming big; most rich people of our time will tell you that.

But combining your dreams with working smart and learning will bring you close to filling your pockets and fulfilling your lifestyle needs.

You need to have the power to make a choice, if you want to exploit your financial genius and learn to make money online.

People you associate with also play a major role to how you conduct yourself both personally and business wise. You may want to relate with people you admire, are on the same or above wavelength as you and really add value to your life one.

Leaving the rat race is a choice and to make the big leap you have to overcome obstacles such as bad money habits, fear, laziness and social or personal cynicism.

For a green Internet Marketer, you can excuse yourself for you do not know everything you need to know about this online business and you are not going to know everything from the start. As a green marketer, the only direction for you is to go up.

Once you are comfortable with your flaw you can now focus and prepare to apply the best you can at your business. You can strive to improve and exceed efforts of persons who have been in this industry for eons and have become lazy, stagnant and lack interest in the business.

Regardless of your experience, knowledge, talent or drive you need to work honestly and build momentum to keep you moving forward.

Handle your clients as your “guests” and step up to your customers with confidence every time showing them you are going to provide them the best you know how to.

To learn to make money online, you will become natural and better every time while working transparently and simple.

While marketing your business, always remember your target audience. Also keep in mind the intention of your marketing campaign is not drawing instant attention from your customers but to brand your business on their minds.

An influencing audience is most likely to remember your business name when their friends or a family member mentions something like a service or product you can provide.

Evidently, you will expand your client list and your business will mature as well as you as an Internet Marketer, learn to make money online, earn more income and grow your bank account, have repeat clients and expand your social circle as you become richer.

While all these is happening, do not forget to pay yourself even if you have to reinvest into your business for it not only motivates you since you are reaping the fruits of your labor but also keeps you from burning out. Keep in mind not to invest so much of your income and lack funds to finance your next big business.

As CEO of new businesses, we will go through all sorts of hurdles both professionally, financially and personally. You may be envious of some successful marketers assuming their lifestyles are worth emulating when who you actually know nothing at all about them.

They may be struggling to repay their bills or other debts by working each and every day.

Remember to live within your means, hang on to your businesses that you love, focus on risk and attain financial literacy.

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Forget Supply And Demand – Learn How to Outsmart Your Opposition

Lawrence Sykes : May 10, 2012 1:28 pm : Enhancing Your Life, General Business Advice

In the 11th Century BC (or thereabouts), a group of nomadic herdsmen several hundred strong descended from the mountains to a fertile plain, where they hoped to settle. Other people were already there and confrontation soon developed.

Just like when you try to muscle in on someone else’s market.

Although both tribes were similar in size and equipped with comparable weaponry, the defenders had a strategic advantage in that one of them was a giant eight feet tall. This gave him a longer stabbing reach that made him unassailable. Not unlike a competitor who gets a special discount on the goods you sell.

This is one of the most frustrating things in retail.

Customers are fickle. Don’t we all shop where things are cheapest?

The traditional way to counter threats like this is to enter into a savage price war. But, is this the only thing that you could do?

Perhaps it’s not. You just need to think it through.

When the giant walked out to challenge the invaders, they stepped back in fear.

What choices did they have? To die, or to flee ignominiously in terror?

There was one possibility that didn’t cross their minds though, until a shepherd boy who was barely five feet tall stepped forward.

The giant laughed out loud. “How hilarious,” he said. “You send a boy out against me? His arms are too short still, and I’m more powerful than him.”

This time it was the defenders who made the mistake.

You know the rest I’m sure.

The young lad killed the giant with the catapult he previously used on wolves that preyed on his sheep.

This story has everything to do with business too.

In Goliath’s mind, David would come at him with a sword. The boy changed the paradigm when he engaged in longer-distance combat instead.

This time it was the giant who was disempowered. He probably didn’t even stand a chance.

Some businesspeople also lock into single methods of engagement. This is the fault of business schools who believe that every question has a single answer.

Supply and demand are not that simple. There are shades of truth.

Necessity is still the mother of invention. Challenges enable us to escape the limitations of the present and achieve our full potential.

Next time you are facing a tough time in your business, remember the power of surprise.

Just don’t let on to what you’re doing.

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The True Holy Grail

Lawrence Sykes : May 9, 2012 4:19 pm : Enhancing Your Life, General Business Advice

Chivalrous knights dedicated their lives in mediaeval times to searching for a mysterious chalice that they believed had great power.

They thought that once they held in in their hands, their problems would be over and that they would command the world.

They didn’t find their holy cup. Instead, they died lonely lives fighting unrelated wars in far-off lands.

And that’s a pity, because history records that they were people of considerable substance, well-educated and with vision. Moreover we believe these days that their chalice never existed in the first place. The knights clearly had the power within them to put their inner strength to more effective use. Their problem was that they believed they first needed an external reference point.

How many of us have been down that same road before?..  Chasing the impossible dream!

Trying to Escape The Rat Race by persuing unreachable goals is a similar issue.

Did we not all once think that we needed office power to succeed, or to have a famous brand behind our business?

These things may work for some – but they never can, nor ever will empower us to meet our true potential. This is because they act as closed gates, not open windows.

Scientists tell us that the potential of the human brain is open ended. And that’s where our imagination and inner power reside. This means that we already possess everything we need to achieve our dreams. That’s assuming we trust our vision, believe that everything is possible, and stick to our main goal.

Take a look at the lives of the world’s most successful people. They don’t rely on having office power in someone else’s business, or riding on the back of an existing brand. They believe in the power of their ideas instead. And because they do, they unleash the immense power of their self-belief.

Another mistake the crusaders made was that they diverted into other peoples’ wars that historians call crusades. These sapped their energy to the extent that if their holy grail really had existed – which it didn’t – they would have probably never found it either. And that’s another lesson we can learn from the world’s most successful people. They remain focussed on their prime objectives.

To escape the rat race, you must also stay focused!

One of the tragedies of human society is the number of people who end up burning out their lives in the effort to make someone else rich, and in the delusion that this is a worthwhile cause too.

Here’s my challenge to you…

Stop doing this. Chase the holy grail of your own dreams instead.

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Include Outsourcing In Your Get Out Of Debt Toolkit

Lawrence Sykes : May 8, 2012 1:01 pm : debt help, Enhancing Your Life, General Business Advice, Investing, Marketing, Ways To Make Money
Photo by SuperFantastic on Flickr

 

Contrary to popular expression the “the world came to a stand still”, whenever something bad happens, the world doesn’t come to a stand still, no matter what.

So why should yours when you are in debt?

To be successful in life, you have to overcome challenges that come your way.

Debt is one of the challenges that most people find difficult to deal with.

 

Want to get into debt, no problem just spend.

You want to get out; you will suffer painful cutbacks, turning down dear offers or opportunities, making tough decisions and sticking to them and saying “no” to many things.

 

Saving money is not the only solution there is for you to get out of debt or be financially stable.

You may not even save enough money if you do everything yourself.

To be free from debt you can also either make money and/or cut costs. Using all options can lead to getting rid of your debt and your finances improving drastically.

 

There are more important tasks you could be doing with your time if you consider outsourcing some tasks.

No matter how you spend your day, every second is valuable and should be rewarded abundantly. Time becomes an important component to be used well when getting out of debt.

 

When you outsource, you are giving away most of the tasks that you do not want to do or will take up most of our time. Either way, you will have ample time to concentrate on your income earning projects and other ways to make money to help you with your debt.

Yes, you are going to spend money to have someone else do your tasks but in the end, you will have time to make more money.

Time management becomes very important if you want to maximize your ability to make money to calm your bad debt.

For instance, you may want to outsource tasks such as blogging, e-book writing, customer support, and the list is endless. Or even hire a virtual assistant for your administrative tasks.

 

Outsourcing makes you money:

The more organized you are for your clients thanks to a virtual assistant, the more clients you will get and retain.

You can make money online by finding someone who can take on a task that you are not capable of instead of turning down an offer.

In the meantime, there are lucrative projects you can take on to make a lot of money in a shorter time.

 

There is room for growth:

As you outsource the old tasks and new stuff comes in, you will be able to concentrate more without juggling every detail of your business life alone.

Numerous plans that can have great income potential bring about new clients therefore expanding your business.

 

Outsourcing to make money to get out of debt may not be for everyone.   Nevertheless, it’s a sure way of freeing your time and spending it wisely for time is money.

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Learn Ways to Avoid Work from Home Scam Jobs

Lawrence Sykes : May 8, 2012 12:10 pm : General Business Advice, Investing, Ways To Make Money
Work from Home Scam Jobs
Photo by resakse on Flickr

You would have noticed that the term work from home is becoming a recurring decimal among job seekers today.

As the name suggests, it is a term that refers to works that you can do from the comfort of your home and still make money from it.

It is just like traditional employment except that in the former, the Internet is the platform through which the work is done. In other words, both the employer and the employee are not physically seeing each other during their working contract.

There are different types of work that you can do online today. Currently, numerous sites provide such employment opportunities to you; however keep in mind not all types of jobs that can be done online.

Secretarial works, typing, data entry, freelancing, programming, graphic design and the likes are the job types that you can do through Internet in the comfort of your home.

Owing to fact that many people are now making good use of working from home as a way of escaping the rat race on the path to financial freedom, fraudsters are now seizing the opportunity to take their pound of flesh. However, if you are careful and keen on the money making opportunities being offered online, you can always discover work from home scam jobs.

There are a number of genuine sites that can provide you with such working opportunities. But fakes sites are also many.

The first thing that you should avoid is spam email that offers you any work at home opportunity. A sizable collection of such spam email is nothing but work from home scams and are designed by fraudsters in order to make money from their victims. So, it is important that you take time to discover the authenticity of the company that has sent you any mail regarding making money online.

Take your time to read the reviews of the site if any and find as much detailed information as possible using search engines.

We are all aware that most of the sites that provide work from home opportunities allow free sign up for everybody even though some may have restrictions based on locations.

But this is not the case with fraudulent sites. One of the distinguishing characteristics of money making ventures from the comfort of your home is that members are always required to register with money. If you are asked to pay some money before you can register with any sites, you have to be very careful before you make your payment because that’s how the fraudsters make money off you.

A work from home scam can promise you huge sums of money within some space of time, which sometimes is ridiculous if you clearly think about it.

But the truth is that there is no such thing as making quick money just from the comfort of your home or living room. Even though it is possible to earn money by working at home, it is not as easy as it sounds. You need to put in your best in order to make some money from it. 

Another thing that you should do in order to avoid work from home scam is to ask people that you know that are registered members in particular sites with online job opportunities.

If they testify that the site is real and that they have made money from the site, you can join.

To discover my own methods for making money online whilst working from home, consider subscribing to my newsletter above.  Not only will you get my 200 page book at no cost, I’ll also inform you regularly about new methods.

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Take Advantage Of The Social Media “Menace” To Make Money Online Today

Lawrence Sykes : May 6, 2012 2:52 pm : General Business Advice, Investing, Marketing, Ways To Make Money
social media icons
Flickr Photo by webtreats

Currently, top social media sites boast of housing multitudes of persons sharing, tagging, uploading and downloading virtually anything every second of the day.

People are frequently updating their status on Facebook or sending a tweet on Twitter and the public, friends and potential friends can see other persons of interest’s social updates or activities.

Of course this depends on one’s account setting for that matter.

This creates a social buzz where topics, videos, photos, and updates easily go viral.

Facebooking and tweeting every day does not make you an expert and may not generate any revenue for you.

You need to create a strategy that will work from a business perspective and not from making friends.

Many would argue there are possibly no shortcuts to making money online and retire rich while still young. I could say this is among possible few, not miraculously though.

There are those who opt to talk about making money using social media but do nothing about it for they have no idea where or how to start.

Another group of online business owners are “scared” of the venture and the shortcomings.

Social media for money is different from social media for friends. However, social media for friends will still make you money but not as much as social media for money.

Simply put, you have to differentiate your marketing campaign to acquire real businesses that will give you results.

When you understand the type of relationship you want to create with your audience then you are going to be focused on that relationship. You can now create messages relevant to your marketing message that will drive potential customers to your site to convert to long time buyers. 

Social marketing is low cost relationship marketing and will give your business a powerful presence to make money online today.

Your marketing message should attract and draw one’s attention and own it.  

Once your powerful marketing message is received by the audience, continuous votes will push your business to be known as one that gives unique and practical information and be top in search engines. Engaging your audience is connecting on another level that will start conversations with them.

Here is a secret…

A “steaming” message available to be shared freely in the social media community is great social media marketing.

Telling people all about your business and what your business can do for their lives and why they should lend an ear is taking viral marketing to a revolutionary different level.

Compliance of message delivered via valuable content is crucial to good business relationship which means creating independent accounts for your business purposes making it clear why persons should endorse.

For maximum results on ROI, I recommend combining with a few winning traditional marketing methods and social media plug-ins for your business to go viral, driving throngs of buyers to your online businesses.

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Have You Got What It Takes to Be a True a Strategic Thinker?

Lawrence Sykes : May 5, 2012 2:00 pm : General Business Advice, Investing, Marketing, time management, Ways To Make Money
Photo by @boetter on Flickr

Ever wondered how to become a Strategic Thinker on a daily basis to achieve your long-term goals?

If so, this post is written with you in mind!

Having delegated most of the duties and chores to others not only gives you time to do other important things as a leader, but also to look beyond what seems as factual and needs your immediate attention.

As the boss, you may tend to deal with what is just in front of you neglecting what is around you that could point you in the right direction or would bring great opportunities for you business.

As such, your role as a strategic leader is highly compromised and to succeed in today’s uncertain environment you have to become an adaptive strategic leader who is more than capable to be among leaders who succeed in achieving their intended results.

To remain a strategic leader in your business is a necessity that assures business growth and successful change.

Strategic thinking is many forms of thinking, but in a tactful way. It is a broader, innovative way of envisioning your team, company and overall goals of your business.

It requires discipline, focus to clarify direction of your business.

Knowing what may lay ahead, identifying relationships and leverage points for your organization on a daily basis. It may sound simple to be a strategic leader but it’s a role that requires you to understand what it entails to know what is expected of you by your business and related components.

One thing you need to understand is that strategy is simple but structured. You therefore need a level of strategic thinking to be in perfect harmony with your business vision and create a progressive path forward.

These are a few ways of particular thinking with clear and specific discerning characteristics.

Purpose Initiative 
Instead of checking the first box in finding a quick solution and never realizing the desired results, you may need to find purpose in your business.

Once you find the answer, sequence campaigns that your people feel comfortable with and reinforce one another, even if there will be a dramatic shift in management.

1. Think about why your business exists. Analyze what its main role is and find an articulate answer.

2. Look past the present and into the future of your business. Ask yourself where you want your business to be in the future.

Open Mindedness Critical Thinking
1. Do not hold back, question anything and everything. Look to find what and the why therefore, question assumptions.

2. Borrow different perspectives. We may not view a problem the same way. How I view a problem is not how you view it even if we have the same problem-solving tool box.

3. See potential from obstacles. One person’s problem can be another person’s solution. If for example production is a snag to you, your potential competitor might see it as an opportunity to refurbish and produce something different.

Anticipate From All Angles

To anticipate anything in the line of sight and participate well, propels your business to act on ensures you are prepared for any eventualities.

1. Foresight the changing circumstances that surround your business within and beyond the boundary.

2. Look for the numerous and complex drivers of change in your industry.

Taking Decisive Action

Have the ability to make decisions that are consistent with the direction of the business and balance of autonomy and direction, learning from actions and rewarding applicable risk-taking which facilitates others’ strategic activities.

1. Know if your decision is consistent as well as inconsistent with the overall direction of the organization.

2. Analyze risks in making the decision and find any contingency plans to put in place.

Exemplify
To develop this skill and reach a viewpoint as a strategic leader, you need to digest information available from multiple sources of data, question and test assumptions to remove ambiguity and bring in clarity.

Learn
As a strategic leader you cannot learn fast enough, enough nor do enough on your own. Extracting lessons from observation regardless of its nature will enable you shift course if leading off a cliff. Feedback is a gift and learning how to use it is a thin line between success and failure.

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Whats Your Social Responsibility Online?

Lawrence Sykes : May 3, 2012 1:19 pm : General Business Advice, Marketing
can make money online
Flickr Photo by Amystanley

While reading an article about the “most admired” companies in Fortune’s latest survey on businesses, it would probably have been obvious to most people, including me, the company that takes the spotlight.

That company is of course Apple.
 

Apple maintains a consecutive five years lead, Google coming second and the first non-US company coming 14th.

 

So what measures come into play to determine companies that take the top seat?

Why do companies perform well in some categories but hold the tail in others?

Some of the key attributes of reputation Fortune used to rate the prominence of the companies are quality, innovation, long term investment value, social responsibility, people management and global competitiveness.

 

This post however will tackle social responsibility of a business, which is a crucial attribute among others that Apple soared to get the top spot.

 

You can make money online by setting up lucrative businesses from creative ideas and strategies.

From a business perspective, your objective is to make profit where clients’ happiness is merely a means to an end.

The concept of social responsibility of a business is accountability to the community and participating in activities beyond services and sales to your society, which is the customer perspective.

 

Some people may argue that social responsibility adheres to cooperates only due to factors such as being an expensive non-profit undertaking and is purely for public relations for their own purposes and profits.

However, small and medium-sized companies are not less responsible than massive enterprises and have a responsibility to the community and the community your business serves includes employees if any, stakeholders, suppliers and customers to reap the full benefits of social responsibility.

 

A business can make money online but can increase its potential to make big margins by being recognized as one that cares about its community.

Commitment is easily recognized therefore a facade to bait and make profit can be noticed by the community.

The web is an environment vulnerable to pollution, spamming, rumors and many other types of degradation.

 

Creating engaging, informative as well as intelligent marketing concepts and content is of paramount importance to lead customers towards success.

The power of Internet marketing comes with responsibility and it’s up to you to decide what you want your Internet users to see. For instance, your marketing campaign should not be misleading by telling your audience one thing and doing another.

 

Why should your business portray social responsibility?

 

a) Growth and survival:  as your business utilizes the resources in the community so arises a need to give back. Your business will garner feedback and support from the online society for its survival. People are more likely to partner with a business that shows responsibility to the community than one with no social ethics.

 


b)
Public image:  image is everything. How the online community perceives your business can be negative or positive. Your reputation is at stake if your public image is poor for persons opt to purchase from a company that engages in social welfare activities.

 


c)
Comply with regulatory requirements:  this will ensure your business does not come under strict regulations which may lead to loss of business.

 


d)
Consumer awareness and protection: consumers can be exploited in online markets. Therefore, choose to set up groups that advocate for their rights and protect them from all manners of exploitation.

 

Your online business can make money online with the obligation to protect the consumers by providing products and services of high value, at the best competitive price.

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Narrow Your Focus To Guarantee The Future Of Your Business

Lawrence Sykes : May 2, 2012 9:10 pm : General Business Advice, Marketing, Reviews, time management, Ways To Make Money
Good Time Management
Flickr Photo by Toolstop

If you are a brand builder, like me you may also see the ’22 Immutable Laws of Marketing’ as your 22 commandments.

Authored by Al Ries and Jack Trout, this great marketing book details 22 laws of marketing to launch a successful business.  It also shows you how to be among the winning brands and sustain your presence in the market online and off.

Just as there are laws of nature, laws of marketing also exist.

 

The Law Of Focus is one among the laws written and expounded by Al Ries and Jack Trout.

 

“The most powerful concept in marketing is owning a word in the prospect’s mind”

Currently, there are numerous brands in the market in all niche categories.

With so many brands in existence, to attract and retain leads in your category may seem practically impossible. But, do not give in yet. There are companies that have managed to successfully burrow and live in minds of customers using a single idea to reach out to their targeted market.

Such companies have boiled down their primary message to one word, which is catchy to the world.

Good time management
will enable you to make the ultimate sacrifice of reducing the scope of your operations as well as focusing on one component to launch a great brand.

Fed Ex is one such company that has utilized The Law of Focus. Of all the services they could have focused on they opted for only one. Overnight.

This simple word straight from the dictionary is logged in most peoples’ minds.

When people hear the name Fed Ex, the first thing that comes to mind is overnight delivery.

Another good example is Coke. The company has other products in the market but instilled their brand with one word, Cola.

As a market leader in beverage industry, Coke still enjoys a following from a large market segment, where competitors cannot come close.

To own a lead or person’s mind, you need to pick a word that cultivates the mind of the targeted person to think of your brand when the word comes to mind.

Targeting the mind of the customer or prospect with a simple word that is an easy message to remember is not easy, cannot be done overnight, but, it can be done.

Narrowing your focus will enable you ‘engrave’ your concept in people’s minds and become stronger.

If your brand is the first to engrave a concept into the consumers minds then you own the word and become a leader in that category.

Indeed, some companies known world-wide have utilized good time management and used the Law of Focus to their advantage and continued to further concrete their message to the consumers.

Such companies have steered customers towards their brands and even reinforced their place in the market by using additional words to instill their concept.

One such company is Heinz. The company owns the word ‘ketchup’ but to further instill their message, they emphasize on the slowness of the ketchup to imply thickness which consumers easily translate to quality.

Here are some tips to point you in the right direction:

 

1 .Having numerous ideas at a go will not be of great help. Narrow your focus.

2. Chasing after someone else’s word and leaving yours will only lead to confusion and loss because someone else will take your word.

3. Do not make up a word instead you can pick a single powerful word from the dictionary that best describes your brand and is easy to log in customers minds.

4. Do not run after everything, you will lose money and valuable time. Instead focus on your word to give it a strong meaning.

5. Sending more than one marketing message can lead to death of your brand.

6. You have to keep raising the bar for the original word may not last forever in a prospect’s mind. You can change or add another word.

7. Bigger is not always better therefore abstain from diversifying into unrelated businesses.

 

“Only when you focus a company or brand over an extended period of time do you develop a powerful company whose future success is almost guaranteed.”
Al Ries.

 

The Law of Focus teaches us to define our business and path and to refrain from chasing more than two rabbits (which in this case is the primary message) and losing.

With good time management and implementing The Law of Focus, your business can be among successful brands that customers will for a long time associate with.

By the way, you can buy the ’22 Immutable Laws of Marketing’ on Amazon here.

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Chronic Marketer Book Review

Lawrence Sykes : April 28, 2012 2:19 pm : General Business Advice, Reviews

I’ve just totally demolished an amazing book called The Chronic Marketer by Brad Gosse.

The Chronic Marketer has some great nuggets of tips on time management, outsourcing, generating traffic and all round general business and life advice. 

Watch my video review below.

<<<Get this book today here>>>

It’s a great read. It contains zero bullshit, which is why I like it so much.

Brad goes into some detail about how he got involved online. He started off in the porn industry. Originally he open admits to being embarrassed about this. 

Now however he is proud to talk about it. Let’s face it, the porn business was at the forefront of Internet marketing. 

I can really associate with Brad here. I’ve owned various sex related sites, I’ve been a male stripper plus I’ve owned an escort agency. I also used to be embarrassed about these past ventures. Now I always openly talk about them. I’ve many a funny story to tell. Plus I learnt soo much about online and offline marketing due to this past. 

Brad also tells us about how he hit position 1 for the keyword ‘porn’. He shares some great traffic generating techniques. 

My favourite chapters are 19, ‘Not Caring What People Think’ and chapter 20, ‘Productivity’.  I got some amazing methods here on saving time and becoming efficient. 

Like Brad, I too don’t give a toss what people think.

There’s too many people online that alter their personality to suit the masses. This goes against the grain with me too. 

Brads method for creativity made me chuckle. I’ve actually never tried smoking marijuana. He reckons he has solved many a difficult problem, and come up with some amazing ideas whilst high. 

Get this book today. Learn from it. Enjoy it. 

<<<Buy Chronic Marketer here>>>

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