Monthly Archives: November 2011

Your Most Important (But Extinguishing) Asset…

By end of this month, I would have travelled to 9 countries in 12 months. I’ve been in two tours and I was usually one of the youngest guys around; most of the other tour participants are old enough to be my parents / grandparents.

Which often lead to questions I get along the lines of, “How are you able to travel while you’re still in your 20s?”

You already know that I am an Internet Marketer. I have websites. I sell stuffs online, digital products to be precise.

But that in itself isn’t THE answer.

To be financially free and travel before my mid 20s demanded more than just ‘building a business’. The other more important asset is TIME. In fact, that is a big part about my business; I help my clients save time through my Private Label Rights products.

Take a look at many other ‘successful’ marketers and you will see that even though they are making big bucks, they can seldom take a day off. For many of them, they are being controlled by their business. Heck, that was ME just a few years ago.

Building a business in itself just isn’t going to cut it. If you want to enjoy unadulterated time freedom without being chained like a slave to the business you’re creating, you need to build one that runs without you.

So the next step is to work towards automation and have yourself replaced!

While I conduct my business online in a guerrilla fashion but I’m not to be mistaken with being a cheapskate. I recognize the value of my time and between my time and money, I recognize that time is SCARCED and money is ABUNDANT. 3 trillion dollars circulate the globe every single day. But everyone has only 24 hours a day.

A big part of being successful faster with your business is being frugal with your time.

HOW WOULD YOU BUILD AN ONLINE BUSINESS THAT RUNS PASSIVELY OR SEMI-PASSIVELY WITHOUT YOU? SHARE YOUR IDEAS AND LEAVE YOUR RESPONSES IN THE COMMENTS SECTION BELOW!

P.S. When it comes to making big money with speed, this is what I’m talking about.

Monthly Membership Project Update: 5 1/2 Months Later

Whoa! I just had a quick look at the dates of my previous few posts and I’ve been writing here on the average of once a month. I’ve been travelling for quite a bit and this month, I still have 2 more countries to go to. After this, I don’t plan on going out of Malaysia for quite some time.

It’s been 5 1/2 months since my first, serious monthly membership site started and I can say, I’m happy with the results so far!

Before I move on with creating the second membership site I needed to make sure that this model is working solidly. I am not a fan of creating monthly continuity sites that’s going to last just a couple of months, which seems to be the norm in the Internet Marketing niche.

Given the monthly site now:

  • Has a 69.7% retention rate after 5 1/2 months,
  • Only 9 cancellations were made the previous month, and
  • There were no refund requests after the first 1.5 month since it started

All my future monthly memberships shall follow in the same fashion. As I am writing this, there are 6 pending Joint Venture partnerships in store for me, 2 of which I propose doing a monthly membership. For this, I will be using ClickBank and just a week ago I had opened a new PayPal business account under my company’s name.

It is also worth mentioning that even while travelling, I’ve been generating sales and commissions passively every single day (not a day without) – even though I have not done any big launch in months.

To be updated again later…!