How much do you need to earn per day to be a millionaire?
I was doing some calculations today.
To earn RM1 million by the end of 2008, we would need to earn RM2739.72 per day.
But if we earn our income in USD, then we only need to earn USD$782.78 per day (USD$1=RM3.5) to earn USD$285,714.29 (RM1 mill).
As for me, I think that is feasible once I became a master internet marketer.
So what’s the plan?
At this moment, I have 7 blogs in my blog network.
Ebooks Reviewed -> http://ebooksreviewed.blogspot.com/
Cheap Timeshare Rental -> http://cheaptimesharerental.blogspot.com/
Sydney Melbourne Holiday -> http://sydneymelbourneholiday.blogspot.com/
Invest Public Mutual -> http://investpublicmutual.blogspot.com/
Melbourne University Overseas Students Service -> http://muoss.blogspot.com/
Nurul’s Thoughts, Travel & Adventure -> http://nurulh01.blogspot.com/
Varie Virtual -> http://varievirtual.blogspot.com/
I am also planning to add another few blogs to my blog network.
At this moment, my income from adsense on these blogs are only about USD$20+ per month. This needs to be increased immediately.
Say for example, from the daily amount required, I segregate my income to the following sources:
Adsense = 10% (or USD$78.28/day)
Affiliate product sales = 40% (or USD$291.51/day)
Sub Affiliate sales = 10% (or USD$78.28/day)
Share and Forex trading = 40% (or USD$291.51/day)
In addition, I have additional income coming from the holiday rentals I advertise through my own website http://www.cheaptimesharerental.blogspot.com/ and my Cheap Timeshare Rental blog http://cheaptimesharerental.blogspot.com/. This usually amounts to about RM2,000 per year.
I am also a Public Mutual agent, but I only market the unit trusts during promotion period. Commission rate is quite pathetic, only 2.85%. So if I only make about RM50,000 sales per year, my commission is only about RM1,425.
So, is this a feasible plan? Sounds like a mammoth task at this moment.
How I wish I have the luck and skills like some of the established net marketers who easily make millions of dollars per year.
But anyway, I shall try. I’m planning to do a firesale soon…desperate attempt to help free me from debts. Currently have about RM650,000 (USD$185,714.29) debts to clear for my study, house and car loans. So I think that should be my priority at this moment..
Tuesday, October 30, 2007
How much do you need to earn per day to be a millionaire?
Monday, September 24, 2007
Posts on journey of famous IMs
I always enjoy reading posts on how each famous Internet Marketers (IMs) started in their online business journey..for example this post by Patric Chan on his blog.
Its interesting to read how each successful IMs started out and what were their motivations that made them who they are today.
Such inspiration..
As for me, what I reckon is sometimes coming from an educated background is also a curse.
We are expected upon graduation to start work immediately in a full-time 8-5 corporate job. Day-in day-out braving through traffic, &^*# bosses, earning salary which is then deducted 15% for EPF and tax, deduct car and hse loans and taking home pay less than a fresh grad's salary. The mere mention of quitting our job would bring vast criticism from family and friends.
Take me for example:
I am a chartered accountant (CA) by title, but I'm stuck in a job I hate, a company I wish would bankrupt the next day so i'll be free to work on my online biz full-time. But i can't quit my job because of the 650k debt I'm in (400k hse loan, 50k car loan, 200k study loan).
I've tried few months ago of rushing home daily and working on my online biz at night for 2-3 hours..burning my eyes coz whole day already stared at the computer, at night also stare at computer. its damn tiring.
In a way, i envy those unemployed coz they've got all the time in their hands daily to work on online biz..if only they embark on that journey which could bring them more riches than being stuck in a full-time job.
can't wait for the day where i can quit my job and be free to work on my biz fulltime.
Tuesday, May 29, 2007
Journey to internet empire...
I've decided that this blog will be used to document my journey towards building up varie virtual as an internet empire.
Perhaps some of the experiences shared here will be useful to other budding netpreneurs.
It will list lessons learnt, new trials, new founds jewels, etc.
so lets begin the journey...
Tuesday, March 27, 2007
Welcome
Welcome to the official VarieVirtual - The Virtual Business Empire Blog.
This blog serves to announce official VarieVirtual offers, new ventures, new launches,etc.
So take your time to visit the VarieVirtual related blog networks:
Ebooks reviewed & audited - http://ebooksreviewed.blogspot.com
Cheap Timeshare rental - http://cheaptimesharerental.blogspot.com
Invest in Public Mutual - http://investpublicmutual.blogspot.com