The Law and Order Approach
Below is a MRR and PLR article in category Internet Business -> subcategory Other.
The Law and Order Approach to Business Expansion
Summary:
In the ever-present world of television, "Law and Order" stands out as a model of successful franchising. This franchise offers valuable lessons for entrepreneurs and small business owners. Once you've established your initial business, don't shy away from expanding into new ventures.
Article:
"Law and Order" is a staple on TV screens across the globe, thanks to its creators' adept franchising. This success story provides insightful lessons for entrepreneurs and small business owners. Once you've firmly established your initial business, it's beneficial?"and often necessary?"to branch out into new areas.
The Franchise Model:
The creators of "Law and Order" didn’t stop after the original series became a household name. They expanded their brand with successful spin-offs like "SVU" and "Criminal Intent" after solidifying their presence. This strategic thinking can be applied to any business.
Applying the Strategy:
Take my experience as an example. I initially focused on building my virtual assistant business, investing time in promotion, website improvement, and industry networking. These efforts paid off with substantial growth and profit. But I realized I could invest my time in further growth.
Expanding Horizons:
Inspired by the "Law and Order" model, I ventured into creating an article directory?"my version of SVU. Article marketing being a key tool for business promotion, launching this directory was a seamless transition. It didn’t generate massive income overnight, but it provided a pleasant supplemental income through ads.
Continuous Growth:
Even with two projects underway, my drive to innovate remained strong. After deliberation and research, including using keyword tools like Wordtracker, I stumbled upon a new opportunity in my passion: horses. My love for equestrian pursuits led me to start a horse information site, akin to my "Criminal Intent."
Lessons from Passion:
Success in online business often requires ability, salesmanship, promotion, and, crucially, passion. By merging my hobby with business, I found a new venture that not only excites me but also shows potential for income.
Embracing Failures and Successes:
Not every venture will succeed?"take "Trial By Jury," for example. I’m prepared for the possibility of failure but equally eager to keep innovating with new ideas. The key is perseverance and learning from both successes and failures.
Conclusion:
Observing those who excel in any field can offer invaluable business insights. Whether through environmental cues or, in this case, television, lessons can lead to growth. Thanks to Dick Wolf and the creators of "Law and Order" for providing a blueprint on successful expansion.
Takeaway:
Embrace new opportunities, learn from successful models, and let your passion drive your business forward.
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