Showing posts with label My Journey To Financial Freedom. Show all posts
Showing posts with label My Journey To Financial Freedom. Show all posts

Sunday, January 23, 2011

What is your biggest hurdle of making REAL money online?

If you guys noticed, I have posted a short survey on one of the most important questions in life "What is your biggest hurdle of making REAL money online?" at the bottom of the blog and I would like to find out which of the 4 main factors mentioned affect you making money online and starting your own online business. With your valuable feedback, i can provide more of such resources and tips so that we can learn and share with each other, to achieve financial freedom together, thanks:)

Thursday, January 20, 2011

My 1st Set Of Promo Videos!

To the revisit and rebranding of the financial freedom blog, I have decided to create 2 30-second "killer" videos to promote and bring my messages across to the audience out there who want to live the financially free lifestyle and to join me in the journey to financial freedom. Enjoy the videos and I hope to hear from you guys, thanks.

Living The Financially Free Lifestyle 



Mindset & Strategies For Achieving Financial Freedom

Tuesday, January 4, 2011

Financial Freedom And Making Money Online Revisited

All this while I have been searching and trying the fastest and easiest way to make money online and eventually attaining financial freedom, but wait! Have I attained it yet? No!? Why?

Ok i do learn a lot in my journey and realise that there are 2 very important things for one to take note, 'Purpose' and 'Now'. You must have a strong purpose to achieve something and that you must know where you are now. Not knowing where you are will not lead you where you desire to go cause you have nowhere to start and will be like a headless chicken, rushing towards anything that seems to go your way.

Another thing I do realise is that there are already so much information on the internet to teach people how to make money and get rich but why are there still so many people in dire pursue of this 'holy grail'? Some of the information are really good advice and strategies but at the end of the day you must take action. Correct, taking action is only half the formula, the other is proven practical experience by the so-called guru or expert to show you exactly how it is done. Doing something the wrong way over and over again is useless if you do not learn from feedbacks.

I will answer one more question before i sum up the important points to take away for this sharing session. Am I making money online? Yes,absolutely! That is what keeps me going:). To achieve my financial freedom, in simple terms, able to support my monthly expenses by residual passive income, I have to first get my 'purpose' and 'now' right and then commit myself to a concrete action plan (having a plan does not guarantee success but not having is worse and a plan can change according to situation).

Thursday, July 3, 2008

Let me tell you the story of getting a free dessert...

Many of you might be wondering the lack of posting recently and I can rest assured you that my financial journey is proceeding, I am currently working on a major project where I will be turning an idea into an online business. Good news to my readers out there is that I will be posting updates on my blog so that you can follow me and also get to start your own online business as well, cheers!

To keep you engaged and enthusiastic on your journey to financial freedom in the meantime, I decide to tell you an interesting and informative story about getting a free dessert...Sounds interesting? Read on.

Before I start, i would like to give credits to Mr Roy Phay for his great article on his website 'Step by step to making money online' (Go check it out!) that motivated me to share it here.

Based on the article, I will be showing you the essence of what I gained and also would like you to try out the concepts & tactics mentioned after reading so as to share with other people and to provide valuable feedback.

Let's get started!

Suppose you are walking into a restaurant with a few of your friends to enjoy a good meal as well as hoping to get free desserts, so what is the most important perceptive you need to have? WIN-WIN situation where both parties will benefit and be happy. Ok with this mind, what are the 3 essential steps for you to get that free dessert?

1. Ask!!!!

You would say that that's easy but how many people actually ask for free dessert to come with a meal. When you ask, you not only ask in a friendly or pleasing manner but you need to state a strong purpose or why you would want that free dessert. People usually will help or accept request from someone who is friendly, kind & good-hearted.

2. Let the person in front of you approach first

This is to know the bottomline of the person serving you at what price or condition will he/she be willing to give you a free dessert. Your job of negotiation here will be easier with a scapegoat here and will have a higher chance of getting your request.

3. Know your objective

Knowing your objective here actually means what you want to achieve, which is getting a free dessert for this case and that if you cannot get a free dessert, you should try to at least get it @ discounted rate. Start at a rate lower than your expected price and then negotiate up to a reasonable price for you.

With the above 3 tactics in mind, I hope you can really put them to good use to see the positive results. Remember that your objective is to get a free dessert here. I wish you all the best and I hope to hear your success stories and feedback.

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.

Monday, March 31, 2008

The Long Awaited 1st Post...

For those who found your way here, I must say that this is one of your best choices today and you have my heartfelt thanks. Some of you might be thinking why I am setting up this blogsite and declaring a bold statement here. The motivation behind actually comes from 2 people and of course myself. I have always wanted to start my journey to financial freedom but due to lack of right motivation and other factors, this important "mission" in my life has been delayed until now.


He saves $16k out of his $20k pay each month
Financial adviser Eugene Soo makes regular investments and his unit trust portfolio reaps annual returns of 20%
Sunday Times, The (Singapore)
Invest
March 16, 2008


For Singaporeans who read the Sunday Times, the above news quote will be quite familiar and do you know that he is just 26?

The next inspirational person will be my good friend, his determination to retire @ the prime age of 26 has really spur me on for this "mission". Do you know Mr Adam Khoo, the famous Singaporean self-made millionaire made his 1st million @ the age of 26? 26 seems to be a auspicious age for doing big things.

My challenging journey to financial freedom starts here...