Blogging Your Way to Financial Freedom

Blogging your way to financial freedom. Is it really possible? Personally, I’m rather sceptical. Unless you’re giving full-time attention to it and have a vast network of blogs and websites, then it’s hard I reckon. It’s possible, but it’s hard.

Being a blogger is just another job. You can create some side income with it like what Kenny Sia and a few others have done but I doubt that one can classify that as a passive income. It’s not really an investment-like venture. The reason is that if one neglects his blog, not much money can be made. Also, a lot of efforts need to be put to market your blog. Blogging professionally is more business-like I think.

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Job Interview: Do you tell the truth?

As I about to enter the next phase of my life, new set of questions come to mind. One of it is about job interviews.

I’ve always wondered one thing about job interviews. Do people usually tell the truth about themselves or do they sugar-coat things to make it sound much better?

Really, I believe that everybody has their own weaknesses. So, when asked by potential employers, how does one go about explaining their weaknesses ‘diplomatically’?

Lying is a definite no-no I reckon. What do you guys usually do?

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How to open up your own tuition centre or become a private tutor in Malaysia?

I’ve got a few questions that need answering. For those who know, please share yeah? Share your knowledge with the rest of us.

1. How do you become a private tutor in Malaysia? Say you want to teach from home. Do you need to have a special license or requirements to be able to do it?

2. Now how about in the future, you have been teaching for a while and decide to establish your very own tuition centre. What are the requirements and special licenses that you need to apply?

3. How to get a hold of the syllabus to teach?

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Blogging as a Business? What’s a blog anyway?

Blogging is one of the things that I actually enjoy doing. It has been an interesting journey so far. Apart from sharing ideas and thoughts, I also hope to earn some side income from my blog to keep me going. I treat my blog as a business.

Anyway, what’s a blog?

A blog, or a weblog is a website maintained by a person called the blogger. He/she posts interesting materials, his/her journal entries, pictures, videos, and more. Visitors are also usually able to leave comments and share their thoughts on the blog. I guess I can say that a blog is a more humanised version of a website. You are able to interact with people on a blog.

How to blog?

A blogger uses a blogging platform to maintain his/her blog. He uploads posts, materials, pictures, videos, musics and loads more through the blogging platform.

Blogging Platforms available out there?

There are many out there but I think the two common ones are WordPress and Blogger (Blogspot).

A wordpress blog’s URL is usually in the format of NAME.wordpress.com while a blogspot’s blog is in the form of NAME.blogspot.com.

Sometimes, people use either one of this blogging platforms and couple them with their own domain names. That”s when you are able to get something like www.nadlique.com to go with your blog. Unfortunately, this costs money. You’ll be spending on domain names as well as web hosting.

Recommended Reading(s)

A really good book that I’d recommend is Start Your Own Blogging Business by Entrepreneur Press and J.S. McDougall . This is the book that got me going the first time around.

In the future, we’ll look at things like how to profit from your blog and how to market your blog.

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How to accumulate capital for business or investments

Everybody knows that to start a business or to start investing, you need capital (in Bahasa Melayu, modal). This issue of finding capital to start with is also one of the reasons why many people do not invest nor save nor start a business.

Do these excuses apply to you:

1. “I have no savings at all to buy unit trusts”
2. “What’s left over from my salary at the end of the month is so meagre that I shouldn’t be bothering about investing.”
3. “Invest? Business? Are you kidding me? I barely have enough money to keep myself going.”

To start, let’s make it clear. There will never be enough money to invest or even form a business. However, we, humans, the breadwinner, have the power. We are the decision-makers. The issue of “not having enough money” is only in our minds.

The solution is simple. Make sure there’s enough money to plow into investments/businesses. How? Use the thing that sits between the tight few inches between our ears, my dad says. In other words, use our brain. Be creative.

If you are working and rely on your salary, try working out your budget. Try cutting down things that are unnecessary. Make sure your inflows are much more than your outflows. Don’t even be tempted to load up your credit cards. Bad debts are bad. Money will be enough if you make it enough. Cut down on those luxuries. Hey, who said journey of wealth creation is easy?

If it’s still not enough, then it’s time to get creative!

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Pictures from the Sunday Market (17.05.2009)

As requested by Nazarios and Farahreen, here are some of the pictures from the Sunday Market. For more photos, go to here.

We are currently in the process of winding up our Sunday activity, so, not many items up for sale anymore.

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Brisbane Sunday Market: 10.05.2009

It has been an interesting day last Sunday trading at the Brisbane Market, Rocklea.

I have been selling there on Sundays for over 2 years now with a friend of mine.

I reckon we did quite okay on that day. Met some colourful characters in the form of customers. There’s this one kid who bought three battery packs from me for AUD6. He handed AUD6.50 to me and told me to keep the change. That was interesting. It’s the first time ever for me to encounter a person who voluntarily hands over loose change and say “keep the change mate!”. Well, lucky me I guess 🙂

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Is Multi-Level-Marketing (MLM) all that bad?

There’s a post about Multi Level Marketing (MLM) that I wrote before. Generally, I’m not really into the whole MLM business (though this could change in the future), as you can see in that post. However I do see quite a lot of merits with MLM.

1. Ability to Network

In the MLM business, you get to meet a lot of people from different walks of life. By doing this, you’re establishing a vast network of business contacts that can be utilised in your future undertakings. Contrast this with stock trading (one of the activities that I’m doing right now) where the only person I talk to is my broker/remisier.

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Guy Kawasaki Video Presentation (The Art of Start)

Another good video recommended by Boo.

For all entrepreneurs out there, enjoy.

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Pursuit of Happyness

Relating to my previous post of ‘When should I start investing? When should I launch my business’, here’s a conversation between the father and the son from the movie Pursuit of Happyness. It sums up the article perfectly.

Christopher Gardner: Hey. Don’t ever let somebody tell you… You can’t do something. Not even me. All right?

Christopher: All right.

Christopher Gardner: You got a dream… You gotta protect it. People can’t do somethin’ themselves, they wanna tell you you can’t do it. If you want somethin’, go get it. Period.

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