Monday, May 26, 2008

This should be the way to start things off

If a picture means a 1000 words, a video will mean a 1000 pictures. How about a video that one might possibly remember & be inspired for life? I have read motivational books, watch inspirational videos & went for great talk seminars and I realise the best way to motivate oneself is still to go for a motivational & inspirational seminar.

As I was thinking of how can I help to start off you people to embark on your financial freedom journey, I came across one of the most inspirational videos i have ever watched - 'Randy Pausch Last Lecture: Achieving Your Childhood Dreams'.




His true, touching & inspiring story really touched & motivated people all there who have read his book, watch his videos and went for his lectures. I hope after watching this video you will be motivated to do something for yourself as well as your loved ones.

As the saying goes 'You only live once, so live it to the fullest'

P.S: His bestseller book 'The Last Lecture' is highlighted on my 'Must Read Now!' at the sidebar, go grab it!

Thursday, May 22, 2008

Let's Get Started Now!

How am I going to increase my monthly income to 20K/mth?

Basically there are 4 main sources I am going to use here

  1. As a working professional, I can tap into my own field/expertise to provide service & consultancy to others
  2. As an internet entrepreneur, I will be looking at ways to make money online, be it setting up internet businesses or through internet marketing
  3. As a business founder, I will setting up my own business, be it selling items or providing services to others
  4. As a investor/trader, I will be dealing with investments and trading, in particular unit trusts & forex here. Real estate/property are also considered to be long term investment. Don't worry if you are not familiar as they will be covered later.
The aim here is to identify your own niche through exploring the various sources of income and eventually coming up with a few sources of income to work on. In this way, you can maximise income with minimum effort in the long run.

In my next post, I will going through the pre-journey mindset/training one is required & recommended to have before embarking on this wonderful journey to financial freedom. Do take note that constant training is still required throughout the whole journey so as to focus and reach your goals ultimately.

Thanks for your time and I hope to continue my journey with you soon.

Thursday, May 15, 2008

How do I get started?!

That is a gd question. How I can earn $20K/mth from where I am now? I would assume that you are working now, regardless of profession as the important thing is that you are in the real working world. Nevertheless I have asked myself this question and the most important answer to me is that you MUST believe you can do it. The human mind is such a wonderful thing that believing in and visualising things you want actually win you half the battle. To achieve something, you must set clear & attainable goal like earning $20K/mth so that you can shift your mindset & work towards your goal.

For a start, I present my 4 steps to achieving anything you want

  1. Mindset & Training
  2. Planning & Strategising
  3. Action & Reaction
  4. Refine & Feedback

Each of the step will be touched on with reference resources & examples in my coming posts so that you can go through a informational experience while starting on your own financial freedom journey.

In my next post, I will be covering how I am going to proceed as well as the various sources of income one can expect to know and use to achieve your financial goals.