Skip to content

Categories:

Just Lost My Fulltime Job.

I have lost my job~!

16 Feb 2009 – Day 1

Two days before I got retrenched I was talking to my friend how we should create our affiliate marketing business to earn extra money. He basically told me off because I am holding around 40 domain names with no blogs, no websites on them. Yes, I know I should not waste my land and I should at least build something to make it available to the market.

In this kind of economy, you just don’t know when you will lose your job. Not long after our conversation, my company CEO has cancelled our sales meetings and asked us to standby for further instructions.  Well, I appreciate the fact the CEO addressed to our team in a honest manner – “Due to the economy circumstances, the company strategy has changed and the business is ready to cut cost to save the core operations.”

I did not expect that will happen to me. I see a lot of opportunity for this software business and I know we can make a killing this year. To be honest, I do not feel angry or extremely sad inside, I know I will find a better job somewhere. However this disappointment inspired me something. “We did not lose against our competitors, but we lose on our own management”.

Sometimes I just feel that God is actually pushing me off the boat, telling me to stop complaining how little time that I have to work on my affiliate marketing business. Now I have all the time to work on it and “show me something”. According to my redundancy package, I have one and a half month to survive. I know this is the time to start  my business, create blogs and websites with in these 45 days and see how far I can go with this.

Posted in My Beginning. Tagged with .

First Step – How do I start my affiliate marketing?

“A journey of a thousand miles begins with a first step” by a famous Chinese scholar Laozi (Lao Tzu). I have heard of this many times but it just cannot seal it in my head. May be that’s why I am not a millionaire!! The reason why I created this blog, is to motivate myself and to utilise my time efficiently to execute my business plan. I am not yet a millionaire but I believe my vision, I will get there. I know I will.

How do I find out about Affiliate Marketing?

Affiliate Marketing is not new to me; I purchased my first affiliate book back in 2004.  This book (Rich Jerk) covered different aspects on how to make money online, from eBay, Affiliate Product, eBook, even talk about some dodgy e-gold trading. Same as any other eBook that I bought over the years,  I have not seriously implemented any of the methods.

Not until one of my friend quited his job mid 2008 to go full time on affiliate marketing. He has over 20 websites which he started one by one since beginning 2008 and gradually his affiliate marketing income was than his full time job (probably 6000 to 7000 dollars). He told me “If I go full time, I could achieve a better result”.
Now he is living in Thailand in a massive penthouse with his personal gym, swimming pool. Well, rent is not expensive in Thailand anyway but he earns his living and he can work on his own business anytime.

New Plan

Beginning 2009, my wife and I wrote down what we want to achieve for this year. I wrote down few things for my New Year resolution. Get Health, Clear Debts and Earn more money. I am reaching 30 this year and I realise I may not have enough free time after my 30, as my wife and I are planning to start a family next year. Realistically I have one year to try my best to achieve some goals and try my best to create a new income steam to pay off our debts.
I don’t know how many of you have been inspired by President Obama. Sometimes you just need someone to encourage and motivate you,  “Yes We Can”. May be not earning million a year but I know I can do something in this year to make a better living for our future.

It has been 4 years that I have not started my affiliate marketing, and I know this is the time. I hope this blog will grow with you and encourage you to make this business work together. God bless.

My Year 2009 Plan:

How to create multiple income streams?

What I realised:

* I may not have enough spare time after 2009, if we are going to start a family.
* I will need more capital to sustain the family.
* I need to clear my debt to achieve what I want.
* If I don’t achieve this in 2009. I may have a tough time to achieve in 2010. Time won’t wait for me.
What I want to achieve:

1. Debt Free, get 50K  a year
Solution: Reduce Expenses, Save, Earn More.
2. Financial Freedom, earn 10k per month
Solution: Find more income streams.
3. Be Healthy
Solution: Exercise, go to the gym.

My Challenge:

1. Time – Realistically I will have free time between 6-8am in the morning, 1 hour in lunch, and 1 hour before sleep. 4 hours each day.
2. Discipline – This is the hardest part. There are many distractions and it is rather hard to wake up early in the morning.
Possible Solution: Wake up early and find the quiet time to concentrate my work.

My critical success factor:

1. Disciplines
2. Time Management

Create multiple income streams:

1. Forex Trading income – Discipline, Find the best time and strategy.
2. Affiliate Marketing Website Income – Discipline, Time Management
3. Photography – Discipline, Time Management, Find someone to learn from.
4. Regular Exercise and Diet wit discipline

How to achieve my goals?

1. Make a plan – Trading Plan, What I need to do. Website Plan, What I need to do.
2. Setup Goal
3. Wake up early
4. Work on projects
5. Setup Trigger for Trades
6. Exercise in lunch time, diet

How to make money online?

* Make my website interesting
* Resolve people’s issue, be helpful
* Setup to get customers to come back
* Offer something for signup newsletter
* Useful tool
* Useful comparison
* Useful articles
* Involve customers, forum, and leave feedback. Let them get started.
* Bottom line – will I come back to this website?

Posted in My Beginning. Tagged with .