Money : The 5th element

April9

Its pretty astonishing how the importance and relevance of money has grown by many folds in the last 10 decades in the day to day lives of people. Money is more important than ever before.  Money is the answer of 90 % of problems of people today.

The funny thing is every one wants everything and to get everything, they need money. But seldom any one wants to work hard for it. They all want to get rich quick, very quick. These are the kind of people who learn the hard way that making money is not easy and is not done over night.

Another tricky thing is money itself is the best moneymaker. Once the principle gets bigger it eventually starts pulling money  to it, if invested correctly. It soon becomes a game of rolling this money at the right places at the rite time and reaping the rewards. According to me the whole game of getting wealthy involves  25 % working hard to make the initial money and 75 % getting that hard earned money to make money for you. Big money should never lie idle. It wouldn’t be wrong to say money sitting ideal is equivalent to losing money. All that money sitting there doing nothing  is losing its buying power due to evils like inflation. Invest, invest, invest. For example, I started my internet career with 45 $ and invested close 95 % of the amount back into the business for the first 6-7 months. This allowed me to grow by 1000% last year.  If you are not investing back what you are making, you are an idiot.

Money also instills a sense of confidence. A well off person is much more confident in his activities than a ahem-ahem person. A well off person is more confident in taking risk than the ahem-ahem person and like we all know what pays off the most is the riskiest. You can actually notice the difference in a well off person’s behavior. At the end of the day, money is a huge boost for your ego and confidence.

Money gets you respect. It kind of comes with being wealthy, people start taking you much more seriously. Its natural people are gonna take you much more seriously if you step out of a Bentley than a Toyota corrola.  People tend to pay more attention to what you are saying and tend to be nicer to you and you tend to find out that you have a lot more friends than you originally thought. Money is one powerful magnet. This by no ways mean that you become wealthy for others attention.

Wait, before I call it end I would like to point out the difference in being rich and wealthy.  Rich is equivalent to accumulating lot of money and nothing else. Being wealthy on the other hand is more about using the money to do things you want and being happy. If the money can’t help you be happy, its useless then.

So at the end, Money has pretty much evolved as the 5th element and the one who can tame it has involved as the greatest and the most powerful.  Make money, use it wisely and invest it even more wisely. There is a lot your money can do for you than you can do for yourself.  I’ll end it with a quote

” Get rich or die trying ” – 50 cent

 

 

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What do I want and How bad do I want it ?

February27

Well I was reading this book by Napolean Hill named ‘ Think and Grow Rich ‘ . I got done with the first chapter where he highlighted that was really important to want something bad when you want to attain it. He said getting rich is possible but you just need to want it very bad. No matter what.  He used various examples at every point of the chapter to illustrate.

This made me think. When I started off with internet marketing i was much more dedicated and much more wanting because I knew what ever money i had to make was through my sites. I knew this was the only key to my ever broke life.

I worked my ass off initially to get that starting capital and buy sites and now I have a decent amount coming every month with little effort and hence i lazed down. Expansion is on pause . Lot of new plans with poor execution. The fire just might be fading away…..

Ok so what do i really want ?

I want passive 5 digits in dollars a month . I have 15 years to attain it and this year I am aiming for 100 % growth. If I do attain it, I fucking don’t need to worry about a day job because I think my sites can sustain me full time and that could be my launch pad for greater heights and attain the 5 digits a month mark.

I am adding a new site in my portfolio which is going to be worth my 2 months income and I hope It’ll add close to 20 % to my income levels. My biggest buy/investment.

I have lot of other projects that need some serious execution . If executed more $$$ at the end of the day.

How bad do I want it ?

Since I was born , I was a lazy guy. I was a easy go lucky guy. Hardly fussy about any thing and happy with my own self. I still am my own best company.  One man army you can say.

I don’t think I see my self designing planes or repairing planes at the end of the day. When I tell this to my mom , she freaks out and starts talking about the amount they’ve spent for me to complete my bachelors in Aeronautical Engineering . But this is what i feel.

I have wanted to make sites since i was like 10 years old. I’ve made my first ones with geocities and shit.  It took a while before I realized it but it all  came to together . Better late then never.

I see my self living in some sea facing apartment with a workstation with three big ass screens and living a life of luxury and hardly any work.  Probably traveling the globe.  The bottom line to attain that target is by 2026. If I could continue my current growth pace , I could attain it much earlier.

In short. I do want it. But is it as bad ? I don’t know. Probably.

 

 

 

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200 % efficiecny :- Update

February22

Things don’t really go as you plan do they ? The whole 200 % efficiency thing blew up into bits. I did cover substantial ground on the first day and then the graph went down. Partly due to my serious condition of  ‘GAS’ , I know its a little funny but it can really make you feel uncomfortable.  Which really affected my productivity.

I actually found out that 3 of my site had broken posts due to some problem with ‘.htaccess’ ( if you not into websites then just ignore ) .  It seems like i am reigning on a such a big empire that i am losing control and cant over look every details. This could be avoided if i just periodically visited my sites.

I bite off more than I could chew but that is a cost , I am ready to pay for my rapid expansion. But I know I am just one person and cant be everywhere. That is where priorities come in. Major sites get more attentions others get bits. But due to lots going on and pure lack in efficiency its all going hay wire.

Just because I failed for the first time doesn’t mean , I am gonna stop trying. I am gonna try and make a system until it works. I am not gonna stop.

200 % Efficiency

February18

I have failed , failed miserably with my aim of getting into a routine. I just tend to get distracted and keep the stuff i should be doing aside.  I would be in a whole different place , just if I used my time rite ( Burj Al Arab perhaps ? ) .

I have a network of promising sites. I have a network of promising plans and ideas. A promising career. Its all going wrong in execution. Execution efficiency is very low. I am just being able to do a part of what i actually set to do.

Enough cribbing about the problem. What am I gonna do about it ?

Obviously , things can’t continue this way and something has to be done. Flaws have to be fixed and the system needs to run on 200% efficiency ( pretty ambitious uh ? ). At the same time realizing I am just one person and cant be every where and not to overwork my self.

First of all , I am gonna try to wake up early. I have noticed , I wake up late and grumpy and then I don’t do shit. I usually get more ground covered early morning.

Second, No msn or facebook during work. If its something important they wanna talk about , they can wait.

Third,  A priority to-do list. Which not only states the priority of each task but also allots time for each. This will allow me to get the main one done first and keep the ‘Not so Important’ ones for later. Any task not completed will be carry forwarded to the next day with the highest priority.

Fourth, Break down all my projects into series of action , So i can compare , plan and compile my daily lists of task. So i know i am reaping the maximum out of my time.

That was   for me . My sites need a kick in the ass too. They need to pump two times its usual revenue because the new site I am buying is gonna set me back a fortune and the coming months are gonna be really challenging. Lately i have been showing some gratitude and taking it easy on monetizing my site.  Not any more.  I’ll be going in hard this time.

I’ll be trying out of the box monetization techniques , traffic techniques and literally anything I could make money with .  It needs to pump in more money then ever.

I’ll keep you updated on how it goes.

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New semester ? New start ?

February8

I am not a real hard worker.  I do get stuff done in time , most of the times. But , i don’t crave for greatness but more into meeting the bottom line.  I often tend to mess up on small little tiny details which have cost me a great deal in the past.

Things have to change , i need to step out of my comfort zone and give that extra 10 % which entitles me for greatness.  Apparently , its become very evident that I can get more things done in a routine. Doing little little every day not only gets things done but also saves you from the last minute pressure.

The idea is to get into routine and I have never been into something very organized . I am not much of a system person. But, still you gotta do what you gotta do .

I’ve gotta teach my self PHP and basics of stock analysis and carve my self a portfolio where i’ll be investing my funds. I need to start taking care of my self . I usually have a very shabby and careless approach to myself.  I know it sounds wrong,  but i do need to fall in love with my self.

I have a huge portfolio of sites to look after . The money is getting bigger and the business is getting serious. It started off as pocket money and has grown way up.  I need to get a infrastructure going which can not only support my sites but also help me get a head start for my new sites. I have very well understood , i am just one person and cant be everywhere at the same time. I need to get more people involved into this business of mine but the majority of the people I meet are ‘Useless’ .  totally lost and good for close to nothing.

I am sure as time passes , it will all come along . I’ll be where i want to be and do what i always wanted to do.

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