Hi Abood here, born in the middle-east and live currently in India. Radiologist by profession, graduated few months back after 11 years of med school. Currently works 80+ hour a week and on zolpidem for 4 months to bury burning entrepreneur desires.
Have a no-interest loan of 10,000$ from family friends and it will take 4 months to repay if I live on Top Ramen.
Was a pain in the a$$ to my parents until high school, so much so they cry why I was born.
After high school I was fed up with my life and moved to India for a change and a new life, i also decided to do something to make my parents proud of me.
I said I am getting into med school, it was a joke to everyone who heard of it!
During 1st year of med school, same old story -- Got into wrong company and was stoned by Maryjane and stuff like that for about a year.
Got deep into deep shit, that even my friends abandoned me. they called me crazy.
I had a 2400 page book which I used to stare every night. I started reading while stoned gulping page after page till I finished the book in 2 months to see myself completely changed.
My cat, neighbours, colleagues, parents, maid, and even the cockroach in the kitchen couldn't believe it was me and I was 'new myself'. I couldn't believe it. It was magic to me and whoever saw me, it is hard to believe till this date.
Coming to my failed businesses:
I come from a non-business background. Have no idea about money. The ultimate consumer.
I have tried something and failed every single time
During first year of med school: 2007
I saw syringes and oxygen masks all around me..
Something striked me, Went to alibaba.com though I had maybe 10$ in hand at that time, negotiated price for 100k syringes from China for few cents a piece. I called my professor in anatomy who also ran his private clinic to ask him if he is willing to buy my syringes. - He threatened me to stop or will complain to my father.
Result: plan terminated
Second year of med school: 2008
Went to some guy who promised me to give me data entry job - I thought I will make some money, but he gave me peanuts.
Results: Stopped in 1 month.
2014 - After med school - 1
I had 2 tiny books which I was passionate about, It was an offline book. Spoke to the author and got publisher rights - spent nearly 1 month typing the book in some adobe book writing software. and printed the books and gave it to multiple people and bookstores and sent it to people in UK, US, Sweden and many other countries whom I contacted through internet.
Also published it in Kobo, kindle and smashwords
Results - Less than 5 copies sold!
2014 - After med school - 2 My biggest trauma
Started working in a hospital after pressure from family to stop again after 1 year, got married..
Borrowed 5000$ k from a family member and started importing mobile phones from China to India and selling them on ebay.
Used to sell Gold Nokia 8800 niche phones. Buy for 150$ from aliexpress and sell for 400$. Was making good money. Until I made a big mistake of getting into branded stuff and ordered worth 3000$. Government was ruthless on import duty, shipment lost, fedex shoo-d me away when I asked for insurance. On the other side ebay blocked nearly 1000$ dollars asking me some god forsaken invoice
My last hope was the gold nokia phones - after a month, the customs seized my shipment and asked me to pay 40-50+% by over valuing it. I had no money to pay duty - I just gave up.
It was a severe trauma and left me literally crying.
Some hundreds of $$ was left over - gave it to some charity and moved on.
2014 - courier business
I had subscribed for a fancy $$$ ecom website with courier service for the mobile phone business for 1 whole freaking!!! year!!! And I lost my shipment before I could start.
The courier rates were amazingly cheap. Atleast to utilize the 1 year courier subscription. I spammed 100s of ebay sellers offering them courier service, they just had to give me address and name and I would send them to their customers.
Was able to get 5-6 clients, but the business couldn't last more than a few months
2014 - Pregnancy pants
Me and my wife designed a pant which had a provision to open the crotch for vaginal examination without the need to remove the pant or panty. It was supposed to be worn from home during an obstetric visit. Bought some cloths and gave it to a tailor and got it done.
Took the sample to few hospitals - no one had time for me
Result: mission aborted
2015-18 - Got into further studies My MD.
parents took responsibilty for the fees.
My pay was peanuts during MD,Not enough to support myself and my 2 kids, I became a borrowing machine, maybe I even borrowed from the beggar down the road.
2016 - Kindle books
I published 2 books in kindle '20 page books' in 2017 about premature ejaculation and passing an MD resident exam which makes about 10$ a month.
2018 - Read my first entrepreneurship book - RICH DAD POOR DAD
This book was a realization and I learnt a lot. After this book, I have been reading 100s of books on business, entrepreunership, real estate and stuff.
2018 - Android app
https://play.google.com/store/apps/details?id=com.studyassistant.superrevision.free
This is a revision tool which I was using through out my MD to study and revise effectively. had a clunky excel sheet which was made by someone from fiverr.
I hired a developer from upwork to make this app. I spammed quora with 100+ answers in 1 month with a PS link in every answer. Have got 50+ upvotes and 1000/ month views. Not bad for a spam! The app has some good reviews.
Problem: Developer is not giving source code and asking too much money for anything and everything. Road blocked for 2 months.
2018 - Blog - air conditioner blog.
There is a big for market for air conditioners in India during summer and I thought I could make a good commision from amazon affiliate as each order value will be high
There are no other air con blogs in India.. So started it. I have spent nearly 200$ for the posts.
innovatingaircon.com
Not a single person visits my blog - lol
2018 - Cookie business
I once tasted a cookie at home - and boy it was delicious.
I thought I will sell it on amazon - my brother in law was interested to work under me for a fixed salary.
Started making logos, branded, got food license, a company registered.
Problem: The cookie was too delicate to be shipped and my brother in law had my work as his last priority - so lost a lot of $$ and business closed.
2018 - cookie business 2
I didn't want to give up on the cookie business. Contacted few gourmet cookie makers in USA and asked them if they are willing to drop ship.
I ran an etsy shop and FB shop. Tried a lot of marketing stuff, ads etc.. Spent 100+$ No results. No one bought.
Present -
Working a 80 hour a week to repay my loan. Hired a new developer for the app to be built from scratch.
Read MFL and unscripted this week cover to cover- Glad.
Lots of eye opening points I learned. Good work MJ. You are the king, the boss. Thanks for writing the book.
Why do I want to earn money?
Healthcare has become a looting business in India,
Every doctor is corrupt here, Medicine has become very dark, ethics are lost.
People's ailment and sufferings has become an opportunity to earn money.
You will not believe in tier 2 cities - 8 out of 10 births are cesarean deliveries!! where is humanity? where is the noblity of a doctor?
If I start a hospital now - I will have to use the same techniques as others are using to survive the market. I will forced to follow the crowd
Me and my wife are doctors and we would like to open a hospital to give reasonable and good treatment with world class facilities.
How much do I want to earn?
After converting from my currency - It comes to about 7 million $ a day. I have been saying this to close people for a long time.
What will I do with 7 million $ a day?
I will spend it before the next day comes. On hungry, homeless, sick, people. Will build schools and hospitals for the underprivileged. I just wanna spend on people.
I do have a plan to buy a 100k$ house and a toyota corolla for my needs. The maximum desire I have is a used 2010 model BMW X6.
When I say I am gonna make 7M/ day, people laugh at me including myself.
Request/ Message to MJ DeMarco:
I don't know what advice to ask - your book has immensely helped me.
Have a no-interest loan of 10,000$ from family friends and it will take 4 months to repay if I live on Top Ramen.
Was a pain in the a$$ to my parents until high school, so much so they cry why I was born.
After high school I was fed up with my life and moved to India for a change and a new life, i also decided to do something to make my parents proud of me.
I said I am getting into med school, it was a joke to everyone who heard of it!
During 1st year of med school, same old story -- Got into wrong company and was stoned by Maryjane and stuff like that for about a year.
Got deep into deep shit, that even my friends abandoned me. they called me crazy.
I had a 2400 page book which I used to stare every night. I started reading while stoned gulping page after page till I finished the book in 2 months to see myself completely changed.
My cat, neighbours, colleagues, parents, maid, and even the cockroach in the kitchen couldn't believe it was me and I was 'new myself'. I couldn't believe it. It was magic to me and whoever saw me, it is hard to believe till this date.
Coming to my failed businesses:
I come from a non-business background. Have no idea about money. The ultimate consumer.
I have tried something and failed every single time
During first year of med school: 2007
I saw syringes and oxygen masks all around me..
Something striked me, Went to alibaba.com though I had maybe 10$ in hand at that time, negotiated price for 100k syringes from China for few cents a piece. I called my professor in anatomy who also ran his private clinic to ask him if he is willing to buy my syringes. - He threatened me to stop or will complain to my father.
Result: plan terminated
Second year of med school: 2008
Went to some guy who promised me to give me data entry job - I thought I will make some money, but he gave me peanuts.
Results: Stopped in 1 month.
2014 - After med school - 1
I had 2 tiny books which I was passionate about, It was an offline book. Spoke to the author and got publisher rights - spent nearly 1 month typing the book in some adobe book writing software. and printed the books and gave it to multiple people and bookstores and sent it to people in UK, US, Sweden and many other countries whom I contacted through internet.
Also published it in Kobo, kindle and smashwords
Results - Less than 5 copies sold!
2014 - After med school - 2 My biggest trauma
Started working in a hospital after pressure from family to stop again after 1 year, got married..
Borrowed 5000$ k from a family member and started importing mobile phones from China to India and selling them on ebay.
Used to sell Gold Nokia 8800 niche phones. Buy for 150$ from aliexpress and sell for 400$. Was making good money. Until I made a big mistake of getting into branded stuff and ordered worth 3000$. Government was ruthless on import duty, shipment lost, fedex shoo-d me away when I asked for insurance. On the other side ebay blocked nearly 1000$ dollars asking me some god forsaken invoice
My last hope was the gold nokia phones - after a month, the customs seized my shipment and asked me to pay 40-50+% by over valuing it. I had no money to pay duty - I just gave up.
It was a severe trauma and left me literally crying.
Some hundreds of $$ was left over - gave it to some charity and moved on.
2014 - courier business
I had subscribed for a fancy $$$ ecom website with courier service for the mobile phone business for 1 whole freaking!!! year!!! And I lost my shipment before I could start.
The courier rates were amazingly cheap. Atleast to utilize the 1 year courier subscription. I spammed 100s of ebay sellers offering them courier service, they just had to give me address and name and I would send them to their customers.
Was able to get 5-6 clients, but the business couldn't last more than a few months
2014 - Pregnancy pants
Me and my wife designed a pant which had a provision to open the crotch for vaginal examination without the need to remove the pant or panty. It was supposed to be worn from home during an obstetric visit. Bought some cloths and gave it to a tailor and got it done.
Took the sample to few hospitals - no one had time for me
Result: mission aborted
2015-18 - Got into further studies My MD.
parents took responsibilty for the fees.
My pay was peanuts during MD,Not enough to support myself and my 2 kids, I became a borrowing machine, maybe I even borrowed from the beggar down the road.
2016 - Kindle books
I published 2 books in kindle '20 page books' in 2017 about premature ejaculation and passing an MD resident exam which makes about 10$ a month.
2018 - Read my first entrepreneurship book - RICH DAD POOR DAD
This book was a realization and I learnt a lot. After this book, I have been reading 100s of books on business, entrepreunership, real estate and stuff.
2018 - Android app
https://play.google.com/store/apps/details?id=com.studyassistant.superrevision.free
This is a revision tool which I was using through out my MD to study and revise effectively. had a clunky excel sheet which was made by someone from fiverr.
I hired a developer from upwork to make this app. I spammed quora with 100+ answers in 1 month with a PS link in every answer. Have got 50+ upvotes and 1000/ month views. Not bad for a spam! The app has some good reviews.
Problem: Developer is not giving source code and asking too much money for anything and everything. Road blocked for 2 months.
2018 - Blog - air conditioner blog.
There is a big for market for air conditioners in India during summer and I thought I could make a good commision from amazon affiliate as each order value will be high
There are no other air con blogs in India.. So started it. I have spent nearly 200$ for the posts.
innovatingaircon.com
Not a single person visits my blog - lol
2018 - Cookie business
I once tasted a cookie at home - and boy it was delicious.
I thought I will sell it on amazon - my brother in law was interested to work under me for a fixed salary.
Started making logos, branded, got food license, a company registered.
Problem: The cookie was too delicate to be shipped and my brother in law had my work as his last priority - so lost a lot of $$ and business closed.
2018 - cookie business 2
I didn't want to give up on the cookie business. Contacted few gourmet cookie makers in USA and asked them if they are willing to drop ship.
I ran an etsy shop and FB shop. Tried a lot of marketing stuff, ads etc.. Spent 100+$ No results. No one bought.
Present -
Working a 80 hour a week to repay my loan. Hired a new developer for the app to be built from scratch.
Read MFL and unscripted this week cover to cover- Glad.
Lots of eye opening points I learned. Good work MJ. You are the king, the boss. Thanks for writing the book.
Why do I want to earn money?
Healthcare has become a looting business in India,
Every doctor is corrupt here, Medicine has become very dark, ethics are lost.
People's ailment and sufferings has become an opportunity to earn money.
You will not believe in tier 2 cities - 8 out of 10 births are cesarean deliveries!! where is humanity? where is the noblity of a doctor?
If I start a hospital now - I will have to use the same techniques as others are using to survive the market. I will forced to follow the crowd
Me and my wife are doctors and we would like to open a hospital to give reasonable and good treatment with world class facilities.
How much do I want to earn?
After converting from my currency - It comes to about 7 million $ a day. I have been saying this to close people for a long time.
What will I do with 7 million $ a day?
I will spend it before the next day comes. On hungry, homeless, sick, people. Will build schools and hospitals for the underprivileged. I just wanna spend on people.
I do have a plan to buy a 100k$ house and a toyota corolla for my needs. The maximum desire I have is a used 2010 model BMW X6.
When I say I am gonna make 7M/ day, people laugh at me including myself.
Request/ Message to MJ DeMarco:
I don't know what advice to ask - your book has immensely helped me.
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