SyZygy
Senior Member
- Dec 29, 2009
- 864
- 1,086
I'm usually not the guy who will brag about how much posts, years or reputation he has, because I think that those numbers are just numbers - anyone can get them. But as three years passed, something happened to me what I really want to share with you guys. First a few words about me; I'm a 24 year old guy building his way up, around 5 years in the IM business, two years on the blackhat scene.
Most of the guys who turn to IM are here because they either have no money or they are not satisfied with their job. But not me, I started it because I just wanted more money, more connections, more doors to open and more deals to close. I was always a workaholic, working for me is like a hobby, I can never get tired of it. I started working when I was 16 years old, and from that age I have been working hard to get to where I'm now. I have more then ten projects behind me, more then 50 workers and hundreds of friends and partners. But, before I get to the part what I did wrong, I will first get to the part where I did right.
If you want to succeed in business, you have to have three different types of income:
REGULAR MONTHLY INCOME
Which is the same every month, which means that whatever happens, you know that you have that money and that nothing can go wrong with it.
MY EXAMPLE
I have build up a steady business city site business, the good old method shared here on bhw where you open a dentistinnewyork.com site, SEO it and rent it for 300-500$/mo. I gave the method a little twist and asked for 300$ per month. Currently I have a bunch of those sites and three VA's working on it full time. The VA's are taking care that the number of clients always stays steady, so when two clients quite, they grab two other clients and all stays the same. This method is bullet proof.
PASSIVE MONTHLY INCOME
It is something which may, or may not come each month. Sometimes it's 100$, sometimes it's 1000$ - but you don't care because you look at it as passive monthly income.
MY EXAMPLE
I think that adsense is the best type of passive monthly income around, you just have to know how to work it out. My method is revealed here, but I'm still not finished with it. I plan to grab around 1000$/mo from it, whatever happens, I know that I have some passive income. This method is also bullet proof and the only thing you need is good planning and good VA's.
THE BIG BANG
This type of income comes one to three times a year, but when it strikes, it strikes bad and you can go and buy yourself a new office/car/whatever. You have to figure out for yourself what could work here, some invest in to CPA methods, others in to other businesses, but I found myself in investing.
I will give out my example, but please keep in mind that we are all different, and there are people who are not so good in planning as they are in developing.
MY EXAMPLE
My whole plan around this big bang thing is in project development and then selling it for big profits. In other words, you take a company which follows a steady route, but is not working so well lately. You buy it, fix it, promote it, make a steady income out of it - sell it.
The last three years I spend my time developing projects and hanging out with various investors, and I know people in my area who are interested in buying businesses which work and can generate money the same day they are bought. But, I only took a percentage of the earnings for me, I never played the game by myself.
A few months ago I bought a book keeping service, currently it's under development and I plan to create a leading book keeping service in one category. After I do that, and get some steady clients, I plan to sell it.
In other words:
Buy a company together with workers
Triple their monthly income with your connections and methods
Leave it for a few months to get some reputation around
Sell it while you are on the top
My personal moto is:
"Quitting while you are a head, is not the same as quitting"
And that's what this last method is about.
THE THINGS WHICH I DID WRONG
Most of us just hunt for money. More money, more projects, more connections, more planing, more business.
I mean, it's the same with everyone who starts with some type of business and tries to make it big. But we forget about few things in that whole process.
Some of my friends from here, and regular clients also, figured out that I was away lately. Some orders were late, some PM's unanswered, my Skype was left out to - so what happened? In the last two weeks I learned that the last 8 years of hard working and all my workaholic attitude did not payed off because I did not watch out for my health.
To be short with this, I have some heart and blood pressure related problems. On the new years eve I passed out on the floor and spend the new year celebration in a hospital. Why and how did this happen? With my 24 years I have problems like a 30 year old - why? Because I was stupid enough to not watch out for my health, I just worked and drank coffee and did not sleep and so on and so on. My biggest advice to all of you is that you DON'T forget about your health.
Eat healthy, drink less of those energy and caffeine drinks, go to the gym or yoga, do something about your health - it will come back to you eventually.
That's it guys, have a happy new year and wish you all the success you need!
Most of the guys who turn to IM are here because they either have no money or they are not satisfied with their job. But not me, I started it because I just wanted more money, more connections, more doors to open and more deals to close. I was always a workaholic, working for me is like a hobby, I can never get tired of it. I started working when I was 16 years old, and from that age I have been working hard to get to where I'm now. I have more then ten projects behind me, more then 50 workers and hundreds of friends and partners. But, before I get to the part what I did wrong, I will first get to the part where I did right.
If you want to succeed in business, you have to have three different types of income:
REGULAR MONTHLY INCOME
Which is the same every month, which means that whatever happens, you know that you have that money and that nothing can go wrong with it.
MY EXAMPLE
I have build up a steady business city site business, the good old method shared here on bhw where you open a dentistinnewyork.com site, SEO it and rent it for 300-500$/mo. I gave the method a little twist and asked for 300$ per month. Currently I have a bunch of those sites and three VA's working on it full time. The VA's are taking care that the number of clients always stays steady, so when two clients quite, they grab two other clients and all stays the same. This method is bullet proof.
PASSIVE MONTHLY INCOME
It is something which may, or may not come each month. Sometimes it's 100$, sometimes it's 1000$ - but you don't care because you look at it as passive monthly income.
MY EXAMPLE
I think that adsense is the best type of passive monthly income around, you just have to know how to work it out. My method is revealed here, but I'm still not finished with it. I plan to grab around 1000$/mo from it, whatever happens, I know that I have some passive income. This method is also bullet proof and the only thing you need is good planning and good VA's.
THE BIG BANG
This type of income comes one to three times a year, but when it strikes, it strikes bad and you can go and buy yourself a new office/car/whatever. You have to figure out for yourself what could work here, some invest in to CPA methods, others in to other businesses, but I found myself in investing.
I will give out my example, but please keep in mind that we are all different, and there are people who are not so good in planning as they are in developing.
MY EXAMPLE
My whole plan around this big bang thing is in project development and then selling it for big profits. In other words, you take a company which follows a steady route, but is not working so well lately. You buy it, fix it, promote it, make a steady income out of it - sell it.
The last three years I spend my time developing projects and hanging out with various investors, and I know people in my area who are interested in buying businesses which work and can generate money the same day they are bought. But, I only took a percentage of the earnings for me, I never played the game by myself.
A few months ago I bought a book keeping service, currently it's under development and I plan to create a leading book keeping service in one category. After I do that, and get some steady clients, I plan to sell it.
In other words:
Buy a company together with workers
Triple their monthly income with your connections and methods
Leave it for a few months to get some reputation around
Sell it while you are on the top
My personal moto is:
"Quitting while you are a head, is not the same as quitting"
And that's what this last method is about.
THE THINGS WHICH I DID WRONG
Most of us just hunt for money. More money, more projects, more connections, more planing, more business.
I mean, it's the same with everyone who starts with some type of business and tries to make it big. But we forget about few things in that whole process.
Some of my friends from here, and regular clients also, figured out that I was away lately. Some orders were late, some PM's unanswered, my Skype was left out to - so what happened? In the last two weeks I learned that the last 8 years of hard working and all my workaholic attitude did not payed off because I did not watch out for my health.
To be short with this, I have some heart and blood pressure related problems. On the new years eve I passed out on the floor and spend the new year celebration in a hospital. Why and how did this happen? With my 24 years I have problems like a 30 year old - why? Because I was stupid enough to not watch out for my health, I just worked and drank coffee and did not sleep and so on and so on. My biggest advice to all of you is that you DON'T forget about your health.
Eat healthy, drink less of those energy and caffeine drinks, go to the gym or yoga, do something about your health - it will come back to you eventually.
That's it guys, have a happy new year and wish you all the success you need!
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