Thursday, June 30, 2011

My First Check in Paypal (II)

My First Check in Paypal (II)

As I told you before in my previous post. I finally got my paycheck from Paypal after venturing into internet business in 2005. I started in 2005 after passing my postgraduate medical degree. After reading a lot of books and posts in the internet, I strongly believe that Google Adsense is the best way to get my first dollar from internet. Frankly speaking, it was quite true because I still remember I made US35 dollars first month after running Google Adsense in my website.

Write you own ebook if possible!!
I was very very excited and worked very hard trying to get at least US100 dollars every month but I was unable to do this consistently and I must say that Goolge Adsense revenue is pathetic!!

After that I tried other methods to earn money- Ebay,Amazon, Clickbank etc etc but it is easier said than done. Besides making about 70 pounds from Amazon UK after 2 years, I got almost nothing from other methods mentioned above.

Finally, I wrote an ebook in my website. Yes! You are right! It is a tiny ebook that I sell for about RM150 per piece and I made about RM30k in 2 years ( I made RM4K during the first month after launching of the ebook). I think it is not bad because I spent only 2 weeks writing the book and I still make about RM800 to RM1000 per month until NOW!!

Yes, I think the best way to make money online is to sell your own product if your website traffic is not so heavy. Just creat a special product and hope it can sell likes crazy and hopefully YOU TOO can make some side income online too!

Saturday, June 25, 2011

Vietnam- Next Powerhouse in Southeast Asia?

Vietnam- Next Powerhouse in Southeast Asia??

I recently attended a meeting in Nha Trang, Vietnam. Totally suprised with the cleaniness of the city and was rather impressed with the developement in Vietnam.

Balcony view from my hotel room
 Nha Trang is 1, 280 km from Hanoi, 448 km from Ho Chi Minh City, 630 km from Hue, 105 km from Phan Rang, 260 km from Phan Thiet, and 620 km from Can Tho.

Nha Trang is home to many famous beautiful spots and landscapes and is a major tourist center in the country. I saw a lot tourists during my stay in Nha Trang and I think that the city is very well managed by the local council there!

I think Vietnam has a great potential to grow in near future as China and India. They have huge market for local people as compared to Singapore and Malaysia. However, I am not very sure how to invest in Vietnam and certainly will be interested to buy a piece of property in future if I have extra cash!!

Wednesday, June 01, 2011

Wave of Inflation!

Wave of Inflation!

Yes, I have no choice but to tll you that the next wave of inflation is on its way! No matter you like it or not, you have to save now for the future and watch your wallet and bank account, you might be spend more than what you earn in the next few months or even years to come!!

I like to always tell my wife to cut cost in our daily expenditure, you might think all these are tiny money and you will be suprised that by saving a few dollars a day, you actually can save thousand of dollars in a few months! I will give a few tips here,

1) Prepare your own breakfast! Yes, just wake up a few minutes earlier every morning and prepare simple breakfast. Fastfood value meals no matter how cheap they are will be still more expensive that what you prepare!

2) Drink coffee not latte or cappuccino. I don't think I understand what is the difference between these two types of coffee but I certainly know one is much more expensive than the other!

3) Try to avoid using your credit cards, they make you overspend and you will think twice before buying if you use your cash inside your wallet!!

4) Take public transport rather than self drive. Yes, you can save a lot of money if you practice this in Malaysia or Singapore. Take Rapid Penang/KL if possible!Better still if you sell your CAR!!

5) Watch your ASTRO rather than watching movies in cinema. No point subscribing to ASTRO/STAR HUB every month and only sit in front of your TV one hour a month.

Hope these tips help!!