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Combine and Wait
Anybody familiar with programming techniques, knows about "divide and conquer". Here is a definition from Wikipedia: A divide and conquer algorithm works by recursively breaking down a problem into two or more sub-problems of the same (or related) type, until these become simple enough to be solved directly.
My experience has taught me that Combine and Wait is a sound methodology when you're trying to start up an online business. Combine different things you learn, and wait for results. How long you wait until you tweak your strategy is the key here. Some people will want to keep changing the strategy if they don't see immediate results....and also if they do see results, as they will want to increase those.
Internet allows for immediate measurements of the many variables, like traffic, conversion rate, earnings, keyword effectiveness, clicking patterns, etc, however, for these metrics to be significant, we have to wait a significant amount of time...how much time? that is the question.
Frustration, again, comes when no or little results are achieved, and tweaking the strategy by Combining and Waiting doesn't give the desired results. Maybe I should add a 3rd word to our strategy: Combine, Wait, and Get Frustrated!