April 2, 2008
Nowadays people awareness on how important to save money rise. Everywhere people are talking about saving money, investing money etc.
But how you save your money? You stop smoking, you unsubscribe your astro, you do your own meal. Then at the end of the month, how much you save? Where is the money? Do you still spend all your monthly income?
Let do some simple calculation. If you save $200 per month by swithcing from travelling with car to travelling by bus you will save $2400 a year! But usually people don’t see the RM2400 at the end of the year. Where does the money go?
The right way to save money is first list down all what you can save for the month. Let say you want to cut your spending by stop smoking, use public transport, unsubscribe astro, cook your own meal etc. Your total saving is RM400.
When you get your paycheck, first thing to do (yes FIRST thing to do) is to put aside that RM400 before you pay any bills, loans etc. Make sure you put it away to your other account (without ATM card) if you inted to save the money. Otherwise it can’t be saved.
That’s how simple it is if you want to see your saving grow. Yet a lot of people failed to see the money they ’saved’. Because they just don’t save the money.
Do a planning for the saved money. Whether you want to allocate for investment later on, emergency fund, paying debt etc.
This way you can see the amount of money you actually saved and where does the money go with new allocation plan.
Tags: save money, investment, personal financial, money management, personal money, how to save money
Posted in Money Mgmt 
1 Comment »
March 15, 2008
When you have a business or any source of income, probably the most common ways to get more money is to find another source of income. But do you think that you have getting the fullest from your current source of income.
Below are some things you might want to consider to get even more with the same source you have.
1. Get more leads.
Leads generate customers. It is a number game, when you have more leads, you will get more customers means more money! If you are having a internet business website, get more traffic to your site.
2. Improve your conversion rate
If now from 100 visitors that visit your site, only 2 will purchase from you (2% conversion), then try to improve it to maybe 5-10% conversion. Add testimonials, package your products, give discount etc etc.
3. Increase your ticket price
If now you are selling a product form RM10, try to add some value to it and increase it to RM30. So that you will have a minimum purchase value of RM30 instead of RM10! This is easy but do it very carefully. You must justify why you add your price otherwise your customer will run away to your competitor
4. Sell again to your existing customers!
Don’t forget about your existing customers. They already purchased from you. They have the money and they trust you by being your customer. Why not you offer them some other products of yours to them? It is easier than trying to close sale for new customers.
5. Increase your profit margin
Now you are getting 30% profit margin from product you sell. For example, you take the product from manufacturer at RM70 and you sell at RM100. You get RM30 (30%) as gross profit. Why not you find another manufacturer that can give you RM50 for the same products OR you can neogotiate with your current manufacturer to give a better margin OR maybe you can learn the technology and become manufacturer of that product!
Now you think you can get more money? NO way!
..unless you do the above… 
All the best!
Tags: make money online, sales tips, adsense, affiliate marketing, internet business tips, business tips, how to get more money, multiple sources of income
Posted in Business, Internet Marketing No Comments »
February 17, 2008
I’m the one who is always log in to YM as invisible and remain invisible Just now I’m looking for a code to place YM online status on website and found this interesting website. Maybe you also want to have a look at it.
This website claims can detect invisible YM user. If you have a friend who is always invisible, you might want to give it a shot.
Try now and buzz your invisible friend!
Posted in Technology 2 Comments »
January 15, 2008
Owh.. what a hectic life I have recently. So need some rest and setting up a new year resolution for 2008. Will do few major ‘upgrade’ in some areas of my life.
Ok, take a break. Just got this email from a friend. With few simple questions and you know what. I got them all wrong! Haha.. Your turn to try them out.. Enjoy
–
The Stupid Test! Here Is A Fun And Real Challenge!
OK. Pay close attention. Here is a very simple little test comprised of four easy question to determine the level of your intellect. See if you have what it takes to be considered smart
Your replies must be spontaneous and immediate, with no deliberating or wasting of time . and PLEASE no cheating!
On your mark, get set, GO!
1: You are competing in a race
and overtake the runner in second place.
In which position are you now?
Answer: If you answered that you’re now in first,
you’re wrong!
You overtook the second runner and took his place, therefore you are now in second place.
For the next question try not to be so dim.
2: If you overtake the last runner,
what position are you now in?
Answer: If you answered second to last,
you are wrong once again.
Think about it…
How can you overtake the person who is last?
If you’re behind them, they can’t be last.
You would have been last.
It would appear that thinking is not one of your strong points.
Anyway, here’s another question to try. Don’t take any notes or use a calculator, and remember, your replies must be instantaneous.
3: Take 1000. Add 40. Add another 1000.
Add 30. 1000 again. Plus 20.
Plus 1000. And plus 10.
What is the total?
Answer: 5000?
Wrong again!
The correct answer is 4100.
Try again with good calculator.
Today is clearly not your day, although you should manage to get the last question right…
4: Marie’s father has five daughters:
1. Chacha
2. Cheche
3. Chichi
4. Chocho
5. ?
Question: What is the fifth daughter’s name?
Think quickly… you’ll find the answer below..
Answer: Chuchu?
WRONG!
It’s obviously Marie!
Read the question properly.
You are clearly the weakest link.
Now challenge your friends!
Posted in General No Comments »
December 6, 2007
I got few e-mails from fellow internet marketers promoting a free report titled “The death of network marketing”. You will get US0.25 per successful download. But hold on. I’m NOT going to ask you to download anything so that I can make money and left you getting few bucks because you don’t know how to make money with it.
This kind of viral marketing was being made popular by Scott Boulch of The death of Adsense where you get US1 for each download if I’m not mistaken. Then more internet marketers adapting this method to build list fast and sell high-priced seminar and dvd collection or whatever.
It was hard to get the download not as what people say ‘easy money’. If you do not have at least 1000 subscribers in your opt-in list, forget about it. No one will download from you when you advertise on your blog with only 20 visitors a day.
Furthermore it is a one time payment that you get from your effort. Not a long term residual income you can get again and again from the internet.
Lately I always think a simpler, better way for beginner and non-techie people to really be successful on the internet. If you say that everybody can make money online, I totally disagree with that.
It’s just like saying everybody can be an engineer. Yes you can be a an engineer, but you need a special skill and enough knowledge to be one. You have to spend lots of time learning, researching and master lots of other technical skill to be an engineer.
If you want to make money online you may need to know how to build website, setting up a blog, shopping cart, uploading files, affiliate program scripts, know about SEO, web 2.0, opt-in list and so on and so on.. Do you think you can do this with what you currently have? Do you really afford to do what it takes to be successful online?
How many of you have read more than 20 ebooks on making money online? How many of you have spent more than 3 hours a day just to look for opportuny to make money online? How many of you have gone to seminar but still don’t have idea how to make money online? How many of you getting less than USD10 from internet after spend time blogging for more than 3 months?
So what’s the simple way? Do you have the answer? I don’t.. at this moment but I will share when I have the answer. Think think..
Tags: easy money, make money online, free report, viral marketing
Posted in Business, Internet Marketing 2 Comments »
