New survey site

 Hello

I have added a new site to the list, it pays upto $7 per survey, very easy to use, what more is there to say.

Please go to this link, to find out more.

Miriam

[Lesson] 2 ways to achieve financial freedom

 Before we talk about financial freedom, we first have to talk about Wealth.

What is Wealth?

My definition of Wealth comes from Robert Kiyosaki.

"Wealth is NOT a measurement of how much money you have but how long you can live without working."

In other words, wealth is a measurement of Time, not Money.

Having financial freedom means being able to live infinitely long without working.

There are two ways to achieve financial freedom.

#1 - Make a lot of money, so much that you can't spend it all in your life.

This is the most straight-forward thinking of achieving financial freedom.

It is what most people have in mind.

The question is,

How much is enough?

How long does it take to make those money?

How much effort is needed in the process?

What are the opportunity cost, in terms of health, family etc?

Too many people work too hard to make money, only to realize that they have lost their health and family in the process. When they are old with money, it may be too late.

Fortunately there is another way to achieve financial freedom....

#2 - Make monthly passive income, such that your monthly income is more than your monthly expense.

Let's say your total monthly expenses is $10,000.

If you can generate a passive income of $10,000 from businesses, property rentals, stock dividends and/or bond interest, then you've technically achieved financial freedom.

It may sound difficult because I've set a high target of $10,000. If you start with a target of $1k monthly passive income, it's not that hard to achieve a few hundreds from each of the sources above.

If you can achieve $1k of passive income, achieving $10k is just a matter of scaling up and time.

Like training your body fitness, your financial fitness will improve as you work on it.

Method #2 is more practical and achievable, and you are more likely to achieve financial freedom at a younger age.

If you are quick enough, you may have already noticed that there are two sides of the equation.

One side is your monthly expenses. Another is your monthly passive income.

If your home and car are fully paid for, you may be able to reduce your monthly expense to perhaps $5000. Then you just need $5000 passive income a month to achieve financial freedom.

But bear in mind that using Method #2, there is no permanent financial freedom.

During economic crisis, your passive income is likely to shrink significantly, but your expenses are likely to stay the same.

So it is important to keep a reserve and keep your expenses reasonably low.

Also bear in mind that any form of passive income will still require 'work'.

But this 'work' is not an 8 to 5 job, and ideally, it is something that you love doing.

I regularly ask myself this question:

"What will I do when I retire?"

If my answer is,

"I'll do what I am already doing!"

then I know I am on the right track!

Build a business around what you love doing and work towards building your passive income while keeping your expenses reasonably low. Achieving financial freedom is just a matter of time.

Passive income at its best!

 Hello

I have been paid by Warrior plus, they are a good portal, for promoting passive income sites.

You cannot promote the sites direct, its against the Warrior Plus rules, so your best bet, is to use a splash page, like Second Splash.

Do let me know, if you need any help with this.

Miriam

intoads@gmail.com

Fun Quiz that 90% can't solve..

 I've got a quick & fun little quickie quiz for you today:

Here's the question: What's the utmost IMPORTANT
ingredient for starting a successful business online?

This is going to be multiple choice:

A) a Finely Tuned Funnel

B) a Professionally Produced Webinar

C) a Costly eMail Software

D) None of the Above

And your answer IS...?

D-R-U-M   R-O-L-L....Please...

Answer, should have been (D) - None of the above

Now, here's the right answer…

YOU MUST TAKE ACTION!

Without action,

Every known resource at your fingertips

will NOT get you one single step closer to your goal.

But… It must be the RIGHT action!

I’m about to show you EXACTLY what action you need to take…

(HINT: It’s just a few simple easy-peasy steps)

[Lesson] How I stay focused amidst distractions

 Back in 2005 when I was preparing for my first online business, there were no Whatsapp and Social Media. The only distractions were email and SMS.

Nowadays, there are a lot more distractions.

Most of them are not only unproductive but counter-productive.

I'm sure you know what I mean.

All the endless chatting and scrolling on social networks...

I used to love working at night, because that was the time when most people had slept. I usually worked until 2am.

But now that I know sleeping late is bad, I try to sleep before 11pm and wake up at 6am.

Without the quietness of late night, and with increasing distractions from Social Media, and from kids! (I love this distraction, but they are still distraction from business aspect), I had to find another way to get the focus I need.

Here is a trick that has worked for me.

1) Plan and create an action list

I have a 1-2 year plan. It doesn't require changes too often once I have decided on one.

Then I have an action list, which details all the things I need to complete in order to achieve the plan.

This list is what I look at regularly.

This list is ever changing because whenever I have a new idea, I will add it to the list. Whenever something is done, I will remove it.

Everyday I work on the things in the list.

The amount of time to work on the list is not fixed, because it depends on how fast I can finish the daily business chores, which is not in the list, but necessary to operate the business.

I just have to make sure that things in the list are progressing.

What I'm trying to achieve is this...

Imagine you've set a goal to run 50km. It doesn't matter how long you run everyday, as long as you run, it's just a matter of time before your goal of 50km is achieved.

So, by creating a detailed action list and working on the list regularly, I can be assured that my big plan will eventually be accomplished.

2) Set aside a certain time to ONLY work

Another thing I do to keep myself focused, is by setting a certain time that is only dedicated to creative work.

During this time, I will refrain from checking emails and messages.

Honestly, my 'undisturbed' time is not long. Just 2 hours a day, from 10am to 12pm.

Here is how my typical working day looks like:

8:30am ~ 10am - I start work at 8:30am and strive to finish most of the business chore by 10am.

10am ~ 12pm - This is my 'undisturbed' time. I work on things in my action list in these hours. No email, no message, no phone.

12pm ~ 1:30pm - It is still working hours, but it will not be so intense. I give myself the flexibility to do other things while working.

After 1:30pm - After 1:30pm, the kids are back from school. I will check and reply emails, because they do not require much focus. Other than that, I am free to do anything I want, with the kids or for myself.

As you can see, I don't really work a lot. But this way of time management has helped me to keep the business growing.

There are many people who seem to be working hard everyday but practically achieve little things.

Why?

Because they are not focused.

One can be sitting in front of the computer whole day, working on stuffs.

Question is, are they taking focused actions that lead to a definite goal?

No. Most people work spontaneously.

2 hours of focused action is far better than a whole day of spontaneous work.

To your success,
Kenneth

What’s a lifestyle business?

 A lifestyle business is one where you prioritize lifestyle benefits over growth and profits.

It’s a real business that makes you real money but one that also lets you enjoy more of the life you deserve.

With little risk or cash investment, these new kinds of online businesses can help you create a “laptop lifestyle” that finally frees you from working for someone else.

Plus, they can make you happier because you spend your time working on projects you choose with people you like.

The money is not the point.

Your lifestyle as the owner is.

Get such business done for you here

[Lesson] Law of attraction - how to make it work

 Have you heard of the law of attraction?

The law of attraction suggests that everything that happens in your life, good or bad, are attracted to you.

We all have some experience in the law of attraction.

For example, you may want to buy a car of certain model, suddenly you see a lot of such cars on the road.

You may have question about something, suddenly you come across a book that has the answer to your question.

That's the law of attraction in action.

Everything we need to achieve what we desire is already around us. The problem is we can't see it.

It's like the car model that is always zooming pass us but we never notice it until we have the intention to buy one.

Or the book that is already in the market yet it doesn't arouse your interest until you have a question in need of an answer.

The law of attraction goes hand in hand with my understanding of the subconscious mind.

Our reality is basically a delayed reflection of our subconscious mind.

Whatever that we impress upon our subconscious mind will eventually be revealed to us through the law of attraction.

If so, how do you use the law of attraction to your advantage?

Well, the first thing you need to do is don't sabotage yourself, i.e. stop having negative emotion such as doubt and fear, and don't talk negatively.

If you can simply do that, half the battle is won.

The next thing to do is to keep a clear goal of what you want to achieve.

In success, I realize that the hardest thing to do is to formulate a clear goal.

Once the goal is clear, the law of attraction will start to work.

You will start to read what you need to read, meet the people you need to know and experience a series of events that will eventually lead you to your goal.

The last thing to do is to take action. The law of attraction can only attract the resources you need to you. Ultimately you have to use that resource to produce result.

To your success,
Kenneth

For more teachings like this, please go here.