My journey so far has been all about learning, realization and strength builder.
It all started when...
When I started out my journey, I had a decent 8-5 job which later became 7-5 (10hrs) to make the company more attractive 'coz we offer 9 solid hours of IT services compared to match the competition. Have some passive income from investments (farming, poultry and mushroom) which pays around 5-10% per month. Some savings in the bank that is ready for business and a drive to quit the corporate life and start with a business partner and mentor. The time came when I had about 6 months of living income (for basic needs - shelter, food, clothing, elect and transportation) saved up so I decided to take the plunge and quit my job mid 2014.
I had a business partner and we started 2 businesses (hardware supplier and catering services) but unfortunately both tumbled as fast as we started it (start Oct 2014 - ended Dec 2014), I lost all of my savings, and up to now, still paying my investors back their money and the interest I owe them. My farming, poultry and mushroom investments also took a huge beating when storm hit us bad a couple of times plus some unfortunate event during the collection of payments happened so in other words, I lost everything.
Lesson learned:
Do your due diligence more than you're comfortable with.
Looking back, I can see that I trusted too much, relied on someone else's judgement and didn't gave attention to my gut when it was telling me something is wrong!
And here I am now...
It was just like a dream, when I woke up someday I was back in the corporate world. I tried sales doing cold calling but I realized, that style wasn't for me so I went back in the IT world so I can pay my dues faster, bring my savings back and have some cash available to start another business.This time I'm doing online business with my girlfriend who also enjoys the niche that I was aiming.
The progress so far...
Apologies if I can only share little for now as I am just beginning this road. Soon, I am looking to contribute a lot, help a lot and share a lot, let this be the beginning.
One thing I learned before was to take advantage of expired domains that already has traffic. I found one domain name related to my niche, waited for the bidding to expire and bought it at a lower price (also used a voucher to get the other add-on for free).
Last week, me and my gf started an IG account and posted pics and videos that we own. I used Instagress to do only likes and after a week we have almost 400 followers. 😀
Thanks to @JimD who started the thread for Instagram Marketing. To @Mikkel who has been continuously sharing his knowledge about IG. @Andy Black adwords knowledge thread.
Next on the list is Website and Facebook Page creation. So far, I hired a good researcher and writer at Fiverr.com (doing 2 articles) and in parallel, I also wrote one article and planning to keep on writing until I reach 10 articles before launching my site.
More of the progress next week. Excited to contribute more!
EDIT: Tagged correct person
It all started when...
When I started out my journey, I had a decent 8-5 job which later became 7-5 (10hrs) to make the company more attractive 'coz we offer 9 solid hours of IT services compared to match the competition. Have some passive income from investments (farming, poultry and mushroom) which pays around 5-10% per month. Some savings in the bank that is ready for business and a drive to quit the corporate life and start with a business partner and mentor. The time came when I had about 6 months of living income (for basic needs - shelter, food, clothing, elect and transportation) saved up so I decided to take the plunge and quit my job mid 2014.
I had a business partner and we started 2 businesses (hardware supplier and catering services) but unfortunately both tumbled as fast as we started it (start Oct 2014 - ended Dec 2014), I lost all of my savings, and up to now, still paying my investors back their money and the interest I owe them. My farming, poultry and mushroom investments also took a huge beating when storm hit us bad a couple of times plus some unfortunate event during the collection of payments happened so in other words, I lost everything.
Lesson learned:
Do your due diligence more than you're comfortable with.
Looking back, I can see that I trusted too much, relied on someone else's judgement and didn't gave attention to my gut when it was telling me something is wrong!
And here I am now...
It was just like a dream, when I woke up someday I was back in the corporate world. I tried sales doing cold calling but I realized, that style wasn't for me so I went back in the IT world so I can pay my dues faster, bring my savings back and have some cash available to start another business.This time I'm doing online business with my girlfriend who also enjoys the niche that I was aiming.
The progress so far...
Apologies if I can only share little for now as I am just beginning this road. Soon, I am looking to contribute a lot, help a lot and share a lot, let this be the beginning.
One thing I learned before was to take advantage of expired domains that already has traffic. I found one domain name related to my niche, waited for the bidding to expire and bought it at a lower price (also used a voucher to get the other add-on for free).
Last week, me and my gf started an IG account and posted pics and videos that we own. I used Instagress to do only likes and after a week we have almost 400 followers. 😀
Thanks to @JimD who started the thread for Instagram Marketing. To @Mikkel who has been continuously sharing his knowledge about IG. @Andy Black adwords knowledge thread.
Next on the list is Website and Facebook Page creation. So far, I hired a good researcher and writer at Fiverr.com (doing 2 articles) and in parallel, I also wrote one article and planning to keep on writing until I reach 10 articles before launching my site.
More of the progress next week. Excited to contribute more!
EDIT: Tagged correct person
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