I almost missed Patric Chan's teleseminar this morning.
Only came on board at the last 15 minutes.
Of course as a super marketer like him, there will always be some promotion..
but in that 15 minutes, I got some tips which I managed to summarise.
In recession times:
* learn new things to improve yourself
* choose market not affected by recession
* sell ads space on your blog / website
* focus on creating passive income sites, e.g membership sites
simple tips.. but if followed and done, can bring us all lots of returns.
Friday, October 24, 2008
how to have business success in recession times?
Sunday, October 19, 2008
A Blog Posted by Singapore 's Youngest Millionaire
got this in my email today..inspiring ;)
however, if everyone practises this..then most shops will have to close down la..
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By Adam Khoo In Money
Some of you may already know that I travel around the region pretty frequently, having to visit and conduct seminars at my offices in Malaysia , Indonesia , Thailand and Suzhou ( China ). I am in the airport almost every other week so I get to bump into many people who have attended my seminars> or have read my books.
Recently, someone came up to me on a plane to KL and looked rather shocked. He asked, 'How come a millionaire like you is travelling economy?' My reply was, 'That's why I am a millionaire.' He still looked pretty confused. This again confirms that greatest lie ever told about wealth (which I wrote about in my latest book 'Secrets of Self Made Millionaires').
Many people have been brainwashed to think that millionaires have to wear Gucci, Hugo Boss, Rolex, and sit on first class in air travel. This is why so many people never become rich because the moment that earn more money, they think that it is only natural that they spend more, putting them back to square one.
The truth is that most self-made millionaires are frugal and only spend on> what is necessary and of value. That is why they are able to accumulate and multiply their wealth so much faster. Over the last 7 years, I have saved about 80% of my income while today I save only about 60% (because I have my wife, mother in law, 2 maids, 2 kids, etc. to support). Still, it is way above most people who save 10% of their income (if they are lucky).
I refuse to buy a first class ticket or to buy a $300 shirt because I think that it is a complete waste of money. However, I happily pay $1,300 to send my 2-year old daughter to Julia Gabriel Speech and Drama without thinking twice.
When I joined the YEO (Young Entrepreneur's Organization) a few years back (YEO is an exclusive club open to those who are under 40 and make over $1m a year in their own business) I discovered that those who were self-made thought like me. Many of them with net worths well over $5m, travelled economy class and some even drove Toyota 's and Nissans (not Audis, Mercs, BMWs). I noticed that it was only those who never had to work hard to build their own wealth (there were also a few ministers' and tycoons' sons in the club) who spent like there was no tomorrow. Somehow, when you did not have to build everything from scratch, you do not really value money. This is precisely the reason why a family's wealth (no matter how much) rarely lasts past the third generation. Thank God my rich dad (oh no! I sound like Kiyosaki) foresaw this terrible possibility and refused to give me a cent to start my business..
Then some people ask me, 'What is the point in making so much money if you don't enjoy it?' The thing is that I don't really find happiness in buying branded clothes, jewellery or sitting first class. Even if buying something makes me happy it is only for a while, it does not last.
Material happiness never lasts, it just give you a quick fix. After a while you feel lousy again and have to buy the next thing which you think will make you happy. I always think that if you need material things to make you happy, then you live a pretty sad and unfulfilled life.
Instead, what make ME happy is when I see my children laughing and playing and learning so fast. What makes me happy is when I see by companies and trainers reaching more and more people every year in so many more countries. What makes me really happy is when I read all the emails about how my books and seminars have touched and inspired someone's life. What makes me really happy is reading all your wonderful posts about how this BLOG is inspiring you. This happiness makes me feel really good for a long time, much much more than what a Rolex would do for me.
I think the point I want to put across is that happiness must come from doing your life's work (be in teaching, building homes, designing, trading, winning tournaments etc.) and the money that comes is only a by-product. If you hate what you are doing and rely on the money you earn to make you happy by buying stuff, then I think that you are living a life of meaningless.
SMART internet marketing seminar
I've signed up to attend the SMART internet marketing seminar, which will be held on nov 7-9.
paid rm699 for it and upgraded to platinum member.
only yesterday I saw the post that Int Millionaires Club members can get it at cheaper price..
but I guess that is just for normal seats.
anyhow..am definitely looking forward to attending the event.
Friday, October 17, 2008
10 REASONS WHY YOU ARE NOT RICH
i got this in my email today..
thought provoking indeed..
made me ponder about my life.
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10 REASONS WHY YOU ARE NOT RICH
Full article:
http://finance.yahoo.com/banking-budgeting/article/105934/10-Reasons-You're-Not-Rich
Here are 10 more possible reasons you aren't rich:
1. You care what your car looks like
2. You feel you deserve to live a certain lifestyle
3. You lack diversification
4. You started too late
5. You don't do what you enjoy
6. You don't like to learn
7. You buy things you don't use
8. You don't understand value
9. Your house is too big
10. You fail to take advantage of opportunities
The list of reasons you may not be rich doesn't end at 10. Caring what your neighbors think, not being patient, having bad habits, not having goals, not being prepared, trying to make a quick buck, relying on others to handle your money, investing in things you don't understand, being financially afraid and ignoring your finances.
Tuesday, October 7, 2008
First sale on clickbank
I havent logged in to my clickbank account for weeks..
coz its depressing to log in and see no sales whatsoever.
Today..whilst updating my blog, i decide to login to find a suitable affiliate program to include in one of my newest blog on forwarded emails and pictures , then I saw it... my 1st sale through clickbank ;)
The sale came via one of my other blogs on ebooks review.
Certainly brighten up my day and make me motivated even more ;)
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