There are three phases in your online business: Acquisition, Ascension and Monetization. Each phase requires different strategy and different focus. Most people screwed it up in business because they have no clarity on what they should be focusing on in different phases.

Losing money isn't always a bad thing. There would be times when you are losing money in front in short term, because you have to, but you will definitely win-it-all in long term, when you understand the big picture behind it. And that is going to be our topic for today.