What would be the first lesson you would teach a new entrepreneur if they were just getting started?
The first thing I would tell a new entrepreneur is to become a customer first. Sign up to other people's list. Check out what they are doing and learn from it. Single out what has a good effect on you as a customer and what not. At the same time, learn about the ropes, signing up with Clicktrackprofit for example. Once you see the online business world from a customer perspective, you will get a much broader approach and learn a lot of things.
That is too true :-) I like the OTO when logging into a program, who does not love a discount. The discount thing may be common knowledge but how CTP executes it is very smartly.
Be a product of your product is so important...It allows you to learn everything about what you are offering, and makes you become an authoritative voice.