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Sunday, June 03, 2007

Start earning your first 10 dollars thru blogging in Singapore? - Part 1

Okie I think I know what i want to concentrate on apart from writing about me and my life here. I'm starting a series of write up on How to start earning your first 10 dollars thru blogging? It really caters to Singaporeans, as compared to other sites thats around with headers like "Millions with 7 dollars start up" which is more singaporean style.

Seriously, there isn't any free lunch in the world. I've been seen quite a fair bit of things that promises easy money i.e. MLM, swisscash investment, forex exchange and lots more.By saying this, I'm not scrutinizing the fore mentioned with bias.

First, MLM business is lucrative in its own way. But its takes lots of convincing or hard selling to make MLM works for you. Most MLM firms wants you to bring "prospects" to talk. That is already a task. Next after the little talk, you have to convince the person that its good to join. Then, after you join, you have to spend time attending trainings provided by the companies that normally consist of "empowering talk" (brainwashing). Then you try to replicate the whole process again. So you put in time and money for something that might not work.

Next, Investment scheme like swisscash does allows you to earn money, but in an illegal way thru a system by the name of "Ponzi Scheme" you can easily put up a search in wikipedia and you will know what its all about. Can you profit out of it? Sure you can. I've seen friends making a profit out of it. Quick profit in fact. As a matter of facts, the returns is 50% interest within 4 months). But whats the risk you are talking about? we are talking about 100% risk anywhere anytime and anyhow. Due to the nature of such scheme, there is a 100% chance that the organisation will just collapse and leave you in a daze over the lost investment.

Third we have stock & forex investment. Lets all face it. Time is good in 2007, with china stock exchange bring worldwide market to an all time high. Everyone around the world wants to be part of this bullish market. But they often went in without proper education in stock market exchange. They don't understand the mechanics involved in it and all they know is "my friend says now is the time". Alot of them are employees, which meant, during the exchange hours they are busy working. And this translate to lack of monitoring of the market trend. Before they knew it, in a matter of mins, they own nothing.

In Part 1 of "How to start earning your first 10 dollars thru blogging?" We look at Lesson No. 1. No money in the world could be earned without putting in any effort for it. This is basic rule of thumb. Let us look at the two possible scenarios below:

Scenario 1:
If you don't have money, you have to put in time. Because time = money. I'm doing it now. While people promises you 100k in a month when you purchase a 7 bucks ebook, I can only promises you that you will start earning 10 bucks with reasonable amount of time put in.

Scenario 2:
If you have lots of money, chances are you wouldn't be here. 10 bucks is only 10 bucks. IF you have some money, You would have purchased quite a fair bit of ebooks over the internet and trying to find out the secrets. Only to discover that the secrets also needs you to put in time and you have already put in money to discover this.

both scenarios fit my first rule of thumb: No money in the world could be earned without putting in any effort for it.

Effort in that statement meant: Time and work. It Maybe hard work for some. It may be simple task for the others. It doesn't matter. Put in that effort and you will get your 10 bucks. (Here's my evidence )And subsequent profit after that if you continuously put in that hard work.

So can you afford this effort?

If you can, look forward to part 2 (which is free).
If you are interested in other materials, you can visit a few that i plugged from the web below:

1. 60 seconds Secrets to become a millionaire
(written by malaysian for singaporeans and malaysians)

2. Who loves money?

3. Secret article
(written by singaporean)

4. E Success Code

Tune in for the still free part 2 Coming up in My Next Post!!

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