I Want To Start A Business – The Profits Institute https://theprofitsinstitute.com All About Proven Marketing Strategies Wed, 28 Oct 2020 08:56:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 194871474 “Imran, I’m Broke, How Can I Attend Your Event?” https://theprofitsinstitute.com/start-business/imran-im-broke-how-can-i-attend-your-event/ Sat, 04 May 2019 06:45:21 +0000 http://theprofitsinstitute.com/?p=331 A few days ago, I received a message.

It sounded like this:

“Imran, I want to attend your workshop but I have no money. I had money before but I spent them all and now I need to earn money again. Can I attend for free?”

My answer was NO but not because I don’t give free seats. It is because I hear this story all the time and there is something to learn from here.

Most people decide that it is time to improve their circumstances when circumstances are already bad. It is the person who lives healthy and exercise after his first heart attack. It is the couple who got terrible into debt and only after that establish some financial discipline.

And it is the huge group that will decide entrepreneurship is for them when they’re broke. But it doesn’t work like that. When you’re broke, it’s hard to get the money and time and motivation to make it happen.

Sure. You can do it. I have plenty of friends who started with nothing and are now making six figures per month. But it is a lot easier to earn an extra $5.000 or $10.000 per month when you have a stable income, when you don’t worry about how you will make your bank payments and when you’re not desperate to get cash to last you until the end of the month.

The lesson here is that it’s not what you do when you are broke… it’s what you do when you’re not broke. If you wait until things get better, no matter if we’re talking about health or marriage or money, it will be hard to dig yourself out of the hole you are in and to build something good.

So do it when you can.

For you, this may be now. You have money. You have some time. Sure, you don’t have too much of either but you’ll never have more unless you change something. It’s not like your job will require you to work just ten hours per week and pay double next week. And from what I’ve seen, people who think they can’t live with anything less than $4000 per month, will soon end up thinking they can’t live with anything less than $5000 per month.

Think about it. If I ask you right now to invest $2000 to get your business education to start an extra stream of passive income, you may tell me “But Imran, all I budget my money. I can not move even a single cent. I wish I could.”

But isn’t this true when you were earning half of what you are earning now? Isn’t this true when you were earning a quarter?

It’s just that each time when you get a promotion or you earn more, you spend more. And that “more” becomes your standard and you think you can’t spare a single cent. This is how people are stuck into the treadmill of life, for small improvements like taking a Grab instead of taking the bus or having a bigger place they don’t even use properly, they’re always stuck with their job and their current income.

Because business education costs. Ads cost. Running a business costs. And if you don’t invest now, when you’re doing well, I assure you, you won’t invest when you’re in crisis mode and you’re wondering what the future holds for you.

I want to make a note here though. The back to the wall strategy works too. I’ve seen people lose it all. Lose their jobs. Lose their homes. And somehow, they’ve made it happen. Like the phoenix, they’ve raised out of their own ashes and created a new life for themselves.

Their mindset was…

“I’ve lost everything, I have nothing left, I may as well try it, it can’t get any worse than that?”

And this is especially true if you watch motivational movies or read inspirational books. It’s true… apart that it doesn’t apply for most people. For every person who is inspired to take action because “there’s nothing I can lose”, there are 49 who will just be paralysed with fear. These people, instead of taking massive action, they’ll just sit at home, watching Netflix all the time, afraid of confronting their true problems.

So my advice is simple.

If you want your future to look different, then you must act now, when you can. Maybe instead of chilling watching NetFlix, read how Facebook and ads work. Instead of buying that vacation to Bali, set up your first business. Instead of spending $10 for a movie ticket, spend $10 for a business or self-improvement book which will help you create change in your life.

The best time to start a business is when you have the money and the security to do so. This means you have a job, you can rely on some income and you aren’t overwhelmed by problems. Sure, it’s not ideal but it will never be. The worst time is when you’re broke, jobless and you are scrambling for solutions. And in those cases, unless you’re one of those people who are motivated by adventure and by risk taking, you’ll likely be paralyzed a lot more than motivated.

Best regards,

Imran

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Aidil Ali – From Working At Oil & Gas Company To Running Two Tuition Centers While Staying At Home https://theprofitsinstitute.com/start-business/aidil-ali-from-working-at-oil-gas-company-to-running-two-tuition-centers-while-staying-at-home/ Mon, 11 Mar 2019 16:19:36 +0000 http://theprofitsinstitute.com/?p=310 I’ll tell you the story of Aidil Ali
Aidil Ali

Who is he?

Ali’s job used to be as a safety specialist at an oil and gas company. This means that most of his job was offshore, on platforms and ships.

While this is a very well paid job and he was earning a big income, even for Singapore, it came with many disadvantages.

The biggest one was that it took him away from his family. Then there was the nature of the job, being isolated for long periods, health and safety risks and generally, it’s not the most exciting job in the world.

So, out of an effort to spend more time with his family, Ali started a tuition center. He struggled for a while and then came to me.

Long story short, he grew his biz by 500% to 700% last time we’ve checked. Now he runs two tuition centers, quit his job in the oil and gas field and earns more, by staying home, working a few hours per week than he did before.

Plus, he has all the time to spend with his loved ones.

So how have we’ve done this?

There are three concepts at play here.

And I’ll explain them to you. Now, you may find them too easy.Too simply. You may ask yourself… is this all there is?

You’ve been convinced of a lie. Maybe the biggest lie in entrepreneurship. And this is…
COMPLEXITY = VALUE

That the more complex a business is, the more moving pieces it has, the better it must do.That your business must be as complicated as a Boeing 747, with millions of different pieces.

It’s false.
It’s actually a huge lie, the opposite is true.

Launching and running a business is built around a few very SIMPLE systems.These are so simple that anyone, even someone with no business experience can make them happen.

Complexity has nothing to do with it. It just comes down to a few simple pieces that may seem underwhelming but simply work.

So before you keep reading, make this promise to yourself… that you won’t dismiss this because it seems too easy.

It really just comes down to these elements.

I’ll reveal them here, free of charge, because you deserve to know them.

So what’s the first one?

Puppeteering.

What does it mean to be a puppeteer?

You’re not doing the work itself. You’re finding someone else to do the job.Your only occupation is marketing, getting customers.

Service fulfilment is done by someone else.

Ali is not doing the tutoring itself. He found people to do them and pays them only for the work delivered. So he doesn’t take any risks.

In this way, you don’t need inventory.You don’t need to pay for staff. You don’t need a big over-head each month, which is money you need to pay no matter if you make sales or not.

You just find the right people.
You send them customers, as I’ll show you in a second.

And you get paid a portion of what they charge.You don’t even need to pay them, they pay themselves and you earn a profit on the margin.

The next one are Facebook Ads.

There are many ways to do lead generation, which means bringing potential customers. You can do banner ads. You can do solo ads.You can do YouTube videos or Google Ads.

But there’s nothing as efficient as Facebook.Why? Because you can reach your exact ideal customer for pennies and talk with them in a manner that’s impossible on any other service.

The secret to Facebook ads is to have the right angle… to the right people… using the right offer.

If you get these three done, you’re set. What is an angle?

It’s how you approach your marketplace. It’s one benefit or one part of your product that you want to focus on.

Being cheaper than everyone else is an angle. Offering a longer warranty or a better money back guarantee is another angle. Doing something faster, better, in a different way than the competition, are all angles.

It is how you differentiate yourself without creating a dramatically new product. Let’s say you have a gym.
What angles can you take?

A gym just for men.
A gym just for women.
A gym just for weight lifters (no cardio).
A gym that offers a premium, luxury experience. A gym where you get private guidance.
A gym opened during the night.

All gyms are the same but your angle is what it’s unique (or seems unique). It’s like your personal style of clothing.
What constitutes the right people?

Those who would make for the best customers.They have the need. They’re looking for a solution. They have the money.

Imagine this.

You’re entering a room of 100 people.

You want to sell your product.

Some don’t need it.

Some can’t afford it.

Some already have it.

You don’t really want to pull these people aside and talk with them. Each conversation would take you time which is just as good as money.

So you go to those that would make the best buyers. And you sell to them. Directly.

Through FB ads, you can define exactly where your ads should go. Who they should reach. It’s like knowing exactly who is in that room and picking only the people who will pay you the most money.

This means you’ll be able to get leads for the lowest cost possible and you’ll maximize your conversion.

What is your offer?
It’s what you’re giving them.

It can be a free one hour tutoring. It can be a 50% discount. It can be a one plus one offer, where if they buy one product, they get one free. It can be a limited time one.The combinations are endless.

This is extremely important.

And all things being equal… the difference between having a very successful business and a one that is struggling is your offer.A simple tweak in what your leads are getting can double or triple your profits.

It’s that important.

The third element is something most people just ignore.You shouldn’t. Without it, nothing else will work. It’s like the KO move in a boxing match.This is sales choreography.
How can I explain this to you?

Most people who are not in sales believe that selling something is as simple as telling. Here’s the product, here’s the price, buy it.

After all, if people need something, they’ll invest in it, right?

And that’d be great, if purchasing decisions would be rational and people would act in their best interest. But as we all know, we don’t do that.

If we were like that, we’d eat salads instead of burgers, go for a run instead of watching NetFlix and invest our money to earn interest instead of buying a new $1500 TV.

People don’t buy something just because it’s good for them. So you must employ strategy.

You must structure your contact with them.When they get a first message.What it contains. Second message. What to tell them in order to close.

It’s like a dance.You schedule a few actions for maximum impact.These, together, give you the best chance to close the sale. And without sales choreography, even if you get leads, they won’t pay you.

These three were the tools employed by Aidil Ali.
Using these tools, he grew his business by a factor of 5 to 7 times.

Because he employed puppeteering, Facebook ads and sales choreography, now he has more time for his family. He actually has almost all the time in the world because last timeI’ve checked, this takes him maybe 5 – 10 hours to manage.

And all of these tools are available to you too.

You don’t need to spend years through trial and error to find what works. The truth is that whatever you want to do, someone else has done it, tried many things, found what worked.

You are not in uncharted territory. Getting to $5.000… $10.000 and even $20.000 per month is something that has been done again and again.

You don’t need to go out there in the world and hope for the best.

You just use the same proven model used by many others, with small tweaks. That’s all. It’s plug and play. The market doesn’t change overnight. It takes years, even decades for the market to change enough for these systems to stop working.

What Ali did, you can do too.
What worked for him, will work for you too. But you know how many people try?

There was a study.The average number of times people try to do something before giving up is LESS than 1.This means most people give up on their dream, their goal of financial freedom before even trying once.

The obstacle is not in the world.
You have the tools.
You live in the best time in the history of humanity to earn money.

You can do with a laptop and a few tools what took an entire department less than 20years ago. You can build a $15.000/month business with just FB ads, WhatsApp and a few free tools.

The only thing holding you from achieving success is your own fear of trying.

Everything else is easily available. Ali succeeded. Hundreds of other people did. And you can do too.You just have to start.

Imran

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How To Work Less, And Make More By Hiring A VA For Pennies On The Dollar (And Mistakes To Avoid In The Process) https://theprofitsinstitute.com/start-business/how-to-work-less-a-lot-less-by-hiring-a-va-for-pennies-on-the-dollar-and-mistakes-to-avoid-in-the-process/ Thu, 03 Jan 2019 07:59:04 +0000 http://theprofitsinstitute.com/?p=241 Let me tell you a short story.

It’s a bit sad. But at the end of it, you’ll learn how to CHANGE a life for the better, how to help someone and at the same time, get an OBSCENELY LOW RATE for having someone do almost all the work in your business.

It’s a win – win.

Do this and you’ll be feeding a family and give them a better life while you’ll cut 10 – 20 or even 30 hours from your work week, every single week!
So the story

“How A Strange Encounter Changed The Way I Do Business…”

A few years ago I went to the Phillipines.

It’s a beautiful place, you should check it out. Great for the Internet Lifestyle for reasons I’ll tell you in one second.

I was at a Starbucks, watching a YouTube video when a saw a young woman running a PPC campaign, a Facebook ad campaign.

Since I’m always eager to hire good people to work with me and since this was a strange place to see someone run a FB campaign, especially since she was in her early 20s, I’ve introduced myself and asked what she is doing.

So she told me her story. Her story changed the way I work online forever. It made my life a lot easier and allowed me to help people who are smart, hardworking and really need my help.

She is aVA.

This stands for a Vir tual Assistant.

She takes care of two of her brothers as both her parents left them in the care of others. For a very long time, she tried to get a job but couldn’t.Too young and she wouldn’t compromise her morals.

One day, she found this ad online for a guy needing a jack of all trades person to help with his online business. So she applied and got the job. She read book after book to get better at it. She took courses on Udemy and Coursera and some days, worked 16 hours just to make sure he won’t drop her, that he won’t find another VA.

That was two years ago.

Now she is his full time VA, and she’s doing his PPC ads, his campaigns, his Facebook posts and more. Basically, this guy from Canada if I remember right sits on his ass all day while she’s earning him hundreds of dollars each day.

So I’ve asked her…

“It Is The True Definition Of WIN – WIN”
But how much does he pay you?

I expected to hear $50 dollars per hour or more.This is at the lower end rate for people who have this skill set and work ethic.


Her answer shocked me.

You won’t believe it.

Really, you won’t.

She’s earning $7.5 USD, and she started as low as $3 USD per hour!

And some of you may say that’s exploation.That guy is living the good life while she’s working all day for him for peanuts.And that may be true but she’s the happiest girl in the world.

You know why?

Because $7.5 USD per hour is a very high rate in the Philippines.There are many people who don’t earn that in an entire day. She told me that her rate, what she’s earning now per month is higher than mid-level managers in big corporations in her country and that with all the money she’s earning, she’s putting her two brothers through school and rented a nice house for all of them.

She even donates money for charity.

Imagine that. She’s earning maybe $1000 – $1200 per month, and she’s living a lifestyle that would cost you and me at least $5000 SGD here in Singapore. And while that guy pays her $1000 per month, he’s earning ten times more from her efforts.

She knows but she’s happy with it. She knows she can’t get a better job, and that this was a blessing.

This is the power of VAs.


You find someone who is ambitious and hardworking and eager to learn and you pay them to do everything. Deal with your customer service.Write posts for you. Design stuff in Canva or even in Photoshop. Make phone calls for you. Even write copy sometimes. And you pay them 10% of what you’ll earn back.

And since life is so much cheaper and good jobs are impossible to find in places like the Philippines, ever yone is happy. Actually, I bet that the VA you’ll hire will think your opportunity is the best thing in his life, a once in a lifetime kind of thing.

I know.

It sounds incredible.

But this is the Internet lifestyle and all the people I know who are earning six figures are using teams of VAs. And all these VAs now lead a far better life, a respectable, white collar life because of them. So you’re earning money and you’re making the world a better place too.

“How To Change A Life And 
 Work 30 Hours Less!”
How do you get started though?

Simple.

Enter “Filipino VA” on Google and you’ll get tens of sites. Most of them tell you what they offer and how. I’ve seen entr y level VAs for hire for as low as $625 per month. Or you can go to UpWork. Or you can go to one of the many websites specialized in connecting you with individual VAs instead of an agency.

There are choices.


And remember… you’re not only building wealth for yourself and cutting half of even three quarters of your workload.You’re changing a life for the better.You’re earning points as the good guy.

So checkVAs out and make this work for you.

Best regards, Imran

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Easy Online Money Making Idea – Website Rentals Or How To Get Paid Every Month For Renting Visibility To Doctors And Dentists. https://theprofitsinstitute.com/start-business/easy-online-money-making-idea-website-rentals-or-how-to-get-paid-every-month-for-renting-visibility-to-doctors-and-dentists/ Thu, 03 Jan 2019 07:53:03 +0000 http://theprofitsinstitute.com/?p=238 Here’s a business model that can make you a LOT of money with very little effort.

You know what it is?

You create online assets that bring traffic to qualified business and then rent them. Or you sell the leads, whatever is more profitable.

Sounds complicated? Let me explain.

So let’s say that you have a hair saloon.You are a master of your field.You don’t know how to do SEO or PPC and you’re too busy to learn.You’re no marketing expert.You’re an expert in making people beautiful.

So what are your options there?

You can hire a marketing specialist but this is expensive.You need to pay a retainer that’s several thousands per month.And then you need to pay for your marketing budget.That’s way too expensive.

Or you can just rent such a website.

You can go to someone who created and optimized a website to get a lot of organic traffic. This means traffic from Google. And you can use that traffic to drive business, to get leads. You just change the first page or so and all that traffic comes to you.

You rent a website.

No. Correction.

You rent a traffic generation machine and you don’t have to pay for anyone to manage it, you don’t have to pay for traffic, you profit from all that new traffic that’s coming organically to you.

Or you can pay even less, per lead sent to you.This means that if this site sends you 100 potential customers, you pay for them.
“Traffic Machine DFY!”


It’s such a good method for offline businesses and it’s working extremely well in the United States and in Europe but almost nobody is doing it in Singapore! Imagine this, such an effective method that’s far more effective than hiring a consultant or a company to do this for you and almost nobody is doing it.

And you know what?

You can be one of the few people that do this. Or you can hire people to get this done for you if you’re not a technical mind.

So how does this work?

You need three elements, that’s all.
“The Three Critical Ingredients
 To Making This Work”


The FIRST one is a good niche.You sell that traffic to relevant businesses so you want to pick a field that makes sense. Dental practices, chiropractors, massage and most service based businesses work. Insurance agents, so and so. Real estate agents, it may work too.

You want a field in which (1) people have a problem (2) they are looking for a solution (3) they can afford for that solution (4) there are third-party providers READY to pay for it, because visibility will be your product.

This works best with services so stick to that.

The SECOND one is to build a website that ranks HIGH on Google.

You’re selling organic traffic.And you want to make your website be evergreen.This means that it needs to be general enough to be rented to anyone who needs it.You don’t want to make it too specific.

A good blog works.A site offering tools also works fine.You don’t want to build it around any brand.That’s the definition of evergreen.

Now, the more content you add, the more relevant and quality content you have, the higher it will rank on Google. So it will start getting traffic. Real traffic from people looking to solve problems.

And here comes the THIRD element – a buyer.

You want to find a business that wants traffic without having to manage it or get it. Low- tech businesses are ideal.

Once you find such a business, set up a deal with them.

They can pay you per lead sent so traffic sent that makes an appointment needs to be paid. There are specialized tools so you need not trust them. So you can use a third party service as simplybook.me.

Or you can just rent the site.You can turn over the site for a few months where they can do whatever they want with it, within reason.This mostly means changing the home page to promote their business. This is a flat rate.


Or you can rent only the first page to them and keep control of the website.This is somewhere in the middle.


“The Ultimate WIN – WIN Model”
It’s win for you because you are paid for a web property you’ve developed without losing it and doing nothing, basically. It’s like renting an apartment.You show up to collect the money and you won’t find any leaky faucet with a website.

Or you can get paid only for the traffic which allows you to do this with several businesses at the same time.

On their side, they either get a high performing property that gives them constant traffic or they get cheap appointments, cheaper than Facebook or Google PPC.

It’s an amazing business model and I wish more people will do it soon in Singapore.

And yes…

It’s not really something you overnight, but it’s something worth pursuing.The most time it will take ranking the website to get traffic but once you do, you have your own personal ATM.You can use it to earn money through so many means.

So what do you think?

Can you take advantage of this proven business model and adapt it to Singapore’s market?

Best regards, Imran

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Three “Tricks” You Can Apply To Your Social Media Posts To Increase Their Power By 10X (So Many People Miss #2 But If You Do It, You’ll See A Huge Increase In Your Engagement). https://theprofitsinstitute.com/start-business/three-trick-you-can-apply-to-your-social-media-posts-to-increase-their-power-by-10x-so-many-people-miss-2-but-if-you-do-it-youll-see-a-huge-increase-in-your-engagement/ Thu, 03 Jan 2019 07:50:14 +0000 http://theprofitsinstitute.com/?p=236 You think you need to be a good writer to get your social media posts read?

You’re wrong.

You know why?

Because some of the best online marketers that get hundreds of likes and tens of sales with each post are not amazing writers.They’re not even average writers. It’s safe to say for some of them, their writing sucks.

But they know something.

They know how to structure a social media post to get MASSIVE engagement and clickthroughs. This is their secret. And if you do what they do, if you follow these simple rules, guess what?

Your posts will get read too.

So let me give you THREE rules you can apply right now to your social media posts to get that massive engagement others pay thousands of dollars to copywriters to achieve.


What are photos?

RULE #1 – Sell A STORY
Their snapshots of reality but what are above that? Let me tell you.

They’re stories.

They have a narrative. A picture of you on the beach with your kids is not just that. It’s a symbol for something far greater.

And the KEY to writing amazing social media posts is exactly this. Use a story.Tell a story. The more personal the better.And then tie the story to whatever product or service you’re selling.

A good movie tells a story (doh). A good book tells a story.
A good song tells a story.

The story is the building block of engagement.Without stories we have only facts and facts are boring. Nobody buys because of facts. Even the most analytical nerdy guys in the world don’t buy just because you present them facts.

We all buy because of emotions and stories are naturally designed to trigger them.

So when you write your next post, write a story and then transition to your product or service. It’s the closest thing to posting a photo.

Now let’s move to…

“RULE #2 – Make It A CONVERSATION”
There is a wonderful place for reference content.

You can write as much about ideas in a dry and sterile manner and people will praise you. You may even get paid for it (although it’s illegal).

You know what that place is?


It’s called WIKIPEDIA.

That’s the only place where you should write reference content.

On Facebook, make your posts a conversation between you and your prospect. Write your post as if you were writing a letter or a text to an old friend.You’re sharing ideas, emotions, feelings.

You’re giving a part of you through the writing.

I believe that the strongest Facebook posts can be copy / pasted on WhatsApp or Messages and would pass completely for a personal message.

Actually, you can even test this through this way.

I call it the “text message” acid test.

If you copy / paste your social media post and send it to a close friend, does he feel like this was meant for him and not for an audience?

If the answer is yes, you’ve got a great message. If the answer is no, keep trying!

So no “us” or “people” or “It is being said”. Be human. Be conversational.Talk with the person in front of you. It’s not “ideas should be expressed in a conversational manner”. It is instead “You need to write in a way that is conversational”.

I know it doesn’t seem like a big deal and none of these rules are that complicated.They’re actually very simple. But if you do this, you’ll see a huge increase in conversion. People that never engaged with your posts before now will jump on the opportunity to like and comment your stuff.


And yes, it’s that simple.

TALK to a single person.

And now the third rule.

This one is simple.

I know it from public speaking. Actually, if you go to a place like Toastmasters where they teach you public speaking for free, you’ll learn this in some of your first sessions.

You’ve guessed what it is?
“Ask For ACTION!”

It’s to always end your speech with a call to action. Here, always end your message asking them to do something.

And what is that something?

Well, it can be to follow the link below and go to your website to buy your stuff.That’s an excellent call to action. But you can also ask them to leave their comments or engage with your stuff.

But my rule is simple.

I don’t ask likes.

I don’t ask comments.


I can’t go to the bank and deposit my likes on my VISA bank account.

I don’t use a call to action or I ask them to visit a link. I believe in the power of direct response copywriting and how each marketing piece I write must help me achieve two things.

1 – Help improve the life of another human being…


… preferably in a HUGE, SIGNIFICANT way.

And…

2 – Make a sale.


I don’t always get to make a difference and I don’t always make a sale but this is how I write my posts. I don’t write to get likes. I write to make a difference and to sell quality products and services.

This is all.

See, I told you you need not be a brilliant writer to write content that pushes that needle towards what you want.You need to apply proven strategies.

And if you do these, you’ll see something incredible happen.

You’ll get interest.

You’ll get the engagement.

You’ll be like a bright white spot on a dark sky.You’ll stand out.And this means that you will also make sales which means money in the pocket.

So reviewing…

MASTER RULE #1

Sell through a story.

MASTER RULE #2

Make it a conversation

MASTER RULE #3

Ask for action.

Good luck dominating social media. Leave some for others too.

Best regards, Imran

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Is Imran Md Ali A Scam? (Read This and Claim $10,000 SGD If I’m Proven Wrong..) https://theprofitsinstitute.com/start-business/is-imran-md-ali-a-scam/ Sun, 23 Dec 2018 15:14:24 +0000 http://theprofitsinstitute.com/?p=201

Is Imran Md Ali a scam?

Well, my competitors, who used this guy by the name of Daniel Fu (and his team members + some competitors) want you to think that’s the case.

You probably read something new about me, about how much I suck, about how I’m a scam and about how I have nothing to offer to my marketplace. Really? See this-

http://www.businessinaboxbootcamp.com/proof.html

Know ANYONE who has created more success stories than I have in Singapore?

And I’m not the only one. I’m in good company. Based on what Dan Fu has to say, almost every major coach and author in Singapore sucks.

So what’s his deal?

Is he a frustrated chump with too much time on his hands? Was he wronged by me and now he takes it to social media? Is he right?

No. 

The truth is a lot simpler than this.

He is a sophisticated marketer and as you’ll discover in a second, a sociopath, that used to earn tens of thousands of dollars on my back and the back of other reputable marketers.

This is because he employs what’s known as “black hat marketing”.

What’s that?

Well, people look for my name. I’ve spent almost a decade of my life building a reputation for delivering quality products in and outside of Singapore. I can’t say that I’m a brand name but there is a lot of traffic coming from Google and Facebook based on this search alone.

And instead of actually working to build his own lead generation system, he piggybacked on mine. Basically, people look for me, end up on some article or post that criticizes me and then he pitches his own product.

What product would that be?

He used to sell a get rich quick FOREX scheme. 

Yes, that scammy “do nothing at all and you’ll triple your money in a few weeks” type of appeal. The kind where hard-working men and women with no FOREX or investment experience deposit their money and soon discover that the fund has been emptied, the company shut down and all their savings are in some bank in the Marshall Islands, with the police not being able to do anything about it. 

Dan Fu, and his team of scammers who want’s to extort $477,000 USD from me, selling his FOREX SCAM online (proof above)
Dan Fu, and his team of scammers who want’s to extort $477,000 USD from me, selling his FOREX SCAM online (proof above)
Dan Fu, and his team of scammers who want’s to extort $477,000 USD from me, selling his FOREX SCAM online (proof above)
Dan Fu, and his team of scammers who want’s to extort $477,000 USD from me, selling his FOREX SCAM online (proof above)
Dan Fu, and his team of scammers who want’s to extort $477,000 USD from me, selling his FOREX SCAM online (proof above)

Yes. This guy, was making sales of a scam product using the reputation and goodwill that I and many other coaches slowly built over a lifetime.

He was bashing my name everywhere he could, on the Internet, on Facebook, because people would search for my name and get to his page. And because of this, he gets free traffic.

On my back.

On my brand.

He was selling products to people that were looking for me. He was telling them what they want to hear (instead of the harsh truth that success takes effort). He told them that all they have to do is invest their money and they’d be rich in no time.

Myself and other well-known coaches and authors were his primary lead generation machine. Smart, isn’t it?

But wait, this is not all.

No. This is just the appetizer compared to what I will tell you now.

What would you do if tonight you’d return home from your business, tired, eager to get rest and you’d find a blackmail letter? A letter in which someone threatens to ruin you and your reputation unless you pay him exactly $471.555 USD?

Would you go to the police?

That’d be the best choice. But what if the police does nothing, ignores this and treats this as a “mild” event while you’re keep getting these letters?

You’d get mad?

You’d pay?

You’d hire someone to deal with this for you?

This sounds like the scenario of a movie. Something like Goodfellas. Something like “pay us 20% of what you earn every month or we’ll break the windows of your store”.

But it’s no mobster movie. There’s no Al Pacino or Robert DeNiro here. It’s real. And it’s happening.

Two years ago, I’ve been under constant attack by this lowlife. He came to my house. He attached letters to my door. He’s even been caught by CCTV camera.

Yes. The same guy that posted negative reviews about me, to get traffic to his own offered, took it up a notch and advanced to extortion. 

Now don’t get me wrong…

I’ve been in this field long enough to know not everyone likes me. For every 100 people I make happy, there is someone that will hate me because my products are too expensive or he doesn’t like my tone or attitude or he doesn’t like my face. 

Good marketing polarizes people. To end up with your own tribe, you must upset a few people. It is just how business works.

So every few weeks, I get three page email from someone who may or may have never bought my products, explaining me why I suck. It’s cost of doing business. 

Everyone in this industry from Kiyosaki to Tony Robbins goes through this.

You learn to live with this.

But here, this guy, is different. 

He didn’t limit himself to emails. He didn’t limit himself to expressing his frustrations and letting steam off. 

Nope. 

He saw one too many gangster movies and blackmailed me for about half a million dollars under the threat that he will hack my systems and destroy my business. 

And you’d think this is the worst thing, right?

Not even close. 

Losing what I have would be a bad thing, I admit it, but it was about the safety of my family. My wife and my daughter. He knew where I live. I bet he knew about the two most important people in my life too. And while Singapore is a safe country, call me human but I’m afraid of having them harassed. Or worse.

And worse, the police was seemingly doing nothing.

I had CCTV footage.

I had eyewitnesses. 

I had IP addresses that can be tracked.

If I had an unpaid parking ticket, then I’d have the police’s attention right away. My family and I were threatened by what I can see only as a sociopath and which may had follow through with his promise, and nobody paid attention.

My friends told me to fight fire with fire. To use people who know how to deal with such low lives. 

But this is Singapore and not Congo or Columbia. I’m a business coach and not some Russian oligarch. If I do anything outside of official channels (which seems to not do anything at all), I’ll be in more issues than him. It’s Singapore. We thrive on order and doing things right.

So yes, this is the untold story of what happened to me in 2016. 

I’ve kept it a secret, told it only to family and friends but I must warn other people in this industry and my market alike.

I must reveal the toxic nature of some people online and how far they’re willing to go to succeed. 

For this guy it wasn’t enough to trash my name. He also wanted half a million dollars. Eventually, all ended up fine and I even received an apology letter from him but believe me, it was a hard fight.

I did what you must do with every bully.

Stand up to him and fight back. So he backed down, eventually.

And unfortunately, while he’s done, others took his place.

These guys are not so creative though.

You know what’s their MO?

Build fake profile with photos of hot girls and try and trash me through comments. If you five minutes taking a look at these profiles, you know they’re fake. If you spend 30 seconds doing a reverse image search, you’ll discover the photo is stolen from Google Photos and it’s usually of a porn star.

I wish this was a joke. It’s not. I’ve actually done a reverse image search.

Here is an example of how “Jeanna Aung” tries to put me into an unfavorable position.

[Photo 1]

And here’s her profile.

[Photo 2]

Does this look like a real profile? 

Well, maybe you don’t believe me. Then let me do a reverse image search and see what we discover. You can do this too.

Look what I’ve found.

Her photo is found on 50 other websites. Of course, it has nothing to do with “Jeanna Aung”.

But people who don’t have the time or the energy to search, may actually believe her. Yes, this is the world of online marketing in 2018 – 2019, unfortunately. 

So why am I telling you all of this?

This is because you may come across people like him (or even him), online. You may see Facebook posts (not ads, as they would shut ads down right away) bashing me and other reputable marketers.

When you see this, remember that we’re not talking about a dissatisfied customer here. We’re talking about a black hat marketer that uses a negative angle, hurting me, to sell his scams and unfortunately, many people believe him. He understands a painful truth of human nature – the bigger the lie is, the easier it is to sell.

While this guy backed down, toxic sociopaths like him are everywhere.

So the next time you see an ad like “is ABC or XYZ a scam?”, ask yourself if this is an upset person or just some lying scumbag trying to earn some money on the back of a famous marketer.


And if you’re in the situation I was, as a coach, as a marketer, as an authority figure, don’t back down. Don’t pay. Seek legal action. Talk to a good lawyer. Talk with the police until they take action (you’ll need a lot of patience here).

These are bullies.

These are the stupid bullies in the schoolyard.

And the best thing to do with a bully is to fight back. To show him that you’re not afraid and that he can’t pick on you. If you do this, you’ll inspire others to do the same thing.

In 2017, I was brought to Small Claims Court by this “Daniel Fu” and during the arbitration process, he admitted that he was behind the entire thing, not only to the police but also to the court. I could have pursued for a newspaper apology, but decided instead to let the matter rest. But at least, i got him to email me an explanation in 2017.

And one last thing…

Let’s say that you’re a bit skeptical. Sure, it’s in my best interest to put myself in a good light. And no, I’m not perfect. But instead of listening to what some people with a screwed moral compass have to say about me, come to one of my events.

Check me out on Facebook. Read my posts. Convince yourself. Think for yourself.

It’s fine if you don’t want to take me on my word but before you believe black hat marketers like him, see with your own eyes. 

Since 2016, I’ve invited many people who fell for this form of negative marketing to learn the truth. And while not all of them became customers and some decided I’m not their cup of tea, all of them agreed that everything that was posted online was false and that I deliver massive value.

After you’ve read ALL of the above- here’s the truth. No one. I mean NO ONE has as many success stories as a business coach here in Singapore.

Don’t take my word for it, see it for yourself here

hhttp://www.businessinaboxbootcamp.com/proof.html

But as I said, check me out. I have nothing to hide and I let my results speak for themselves.

Now that you KNOW the truth, I’d like to recap a challenge I made to my haters on 15th March 2019. In that challenge, I mentioned that if ANY hater can show that they have changed more lives and gotten more success stories than I have in our industry, I’ll give them a cool $10,000 SGD to any charity of their choice. 

Here is the challenge that was posted openly. 

https://www.facebook.com/imranmdali84/posts/10156443719637408

The Challenge: 

Until now, there has been ZERO takers of this challenge. NO ONE has created more success stories as I have. 

And that is why you need to be wise. Believe my competition, or believe the facts. And if I’m wrong, take up the challenge above. It’s free money for you.

Best regards,

Imran

Whatsapp: 8181 8929

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How To Assure You’ll Have A Perfect Day In Just 38 Minutes https://theprofitsinstitute.com/start-business/how-to-assure-youll-have-a-perfect-day-in-just-38-minutes/ Sun, 23 Dec 2018 07:34:26 +0000 http://theprofitsinstitute.com/?p=198 One of my mentors told me this.

“Imran, the way you start your day is very important. It will set a course for everything that follows. If you start your day the wrong way, it will be very hard to change course later. So invest the first 30 – 60 minutes when you wake up making yourself strong – physically, mentally, emotionally and spiritually”.

This stuck with me.

And he’s right.

In days where I wake up tired, I check my email first thing; I eat a lousy breakfast; I end up getting nothing of consequence done. It’s like I enter this cycle of bad decisions that’s getting worse and worse through the day.

Or I end up stressed and out of my mind.

In the days where I prepare myself and I build positive momentum, I achieve great things. I am more creative. I am more persuasive. I can focus on what is important and needs to get done without distracting myself with 100 other things.

In those days I get more done before noon than I’d normally get done in a single day.

Yes, it’s that strong.

And no matter what’s your story… no matter if you don’t have time or the energy, you should allocate a period at the beginning of each day to make yourself strong.

It’s an exercise that will impact your day.

A good start of the day leads to a good day.

Good days lead to a good week.

Good weeks lead to a good month.

And good months lead to a good year and a lifetime of success and happiness.

It’s one of those small things that if done right or if you do it (even a broken morning ritual is better than no ritual), you’ll benefit.

So how does this look like?

I won’t ask you to follow mine because this works for me. But I think you should have these five elements in your morning routine.

Ritual #1 – No Email / No Phone When You Wake Up

Your day should be about creation.

About taking the tools you have, money, time, intelligence, skills and building yourself a better life.

And an artist always starts with a blank canvas. A painter doesn’t buy another painting and paints over it. No, a canvas is white.

Well, when you check your email first in the morning, your day becomes not your day but what others want from you. The first conscious thoughts you have are other people’s requests and concerns and needs. You’re putting yourself in problem-solving mode right away.

There is nothing bad with this but solving problems it not the same as creating value. And you should first create and then if you have time remaining, go fire-fighting, not the other way around.

So make a rule to wait for a while until you get to your email. Two hours is perfect. By that time you have a clear image of what you want out of your day and your Inbox won’t throw you off course.

Ritual #2 – Exercise

Nobody wants to exercise in the morning. 

That’s a given.

All you want in the morning is to go back to sleep. However, there are two big reasons to exercise.

First, it’s likely the only time in the day when you will. Let’s be honest, you won’t exercise after a long day of work. You won’t exercise at noon. You won’t do it before you go to sleep.

Exercising is hard already. You’ll find 1000 reasons to leave it for tomorrow and that tomorrow is always pushed forward.

The morning for most people is likely the only time when it makes sense.

The second reason is that you’ll benefit more if you exercise in the morning. 

All exercise is good but if you do it before sleep, you will have trouble falling asleep. If you do it in the noon, you may feel hurried to get back to work so you’ll just go through the motions.

So if you do it early, on an empty stomach, you’ll train your heart, you’ll have more energy and you release endorphins into your bloodstream. This will make you happy and focused.

Now you need not run 10 kilometers.

What good exercising means is up to you. For some people it’s aerobics, for 10 – 15 minutes. For others it is lifting weights. For others yoga. I’ve learned that any exercise is better than no exercise so do what makes you happy here.

I also suggest exercising apps like FitStar (now known as FitBit Coach) as having someone telling you what to do next makes it far easier to follow.

Ritual #3 – Read Something

And when I mean something, I don’t mean your Facebook feed.

Train your mind with some good non-fiction. Read from a business book. Or a self-improvement book. Or watch a TED talk. Ten – fifteen minutes of this is enough and in time it will add to huge benefits. If you read just ten pages in the morning that’s about a book every three weeks. It adds up.

This is the same as exercising. It’s likely the only time you can do it and ideas compound. You will not change your life from reading once for ten minutes but if you do it every day, you’ll be way ahead of the competition.

Or as Brian Tracy says, the more you learn, the more you earn.

Building wealth was never about hard work. It was about knowing what to do, having the skills and the mental tools to make things happen. And these don’t come out of nowhere. They come from courses and books and audiobooks. 

Alternatively, if you commute, you can do it during that. Play an audiobook while driving to work. Read a book while you’re in the taxi or bus or subway or whatever you’re taking to work. Put that time to good use instead of checking Instagram and Facebook.

Ritual #4 – Offer Gratitude

You attract what you think about.

This is not LoA but common sense. Our thoughts determine our behavior. Our behavior determine our results. Our results determine our life.

So if we focus on the negative, we have the behavior that gets more of that. It’s like our thoughts are the steering wheel of our life. 

So when you focus on what’s right, what do you get? More of what’s right. It’s no secret, no magic trick. Positivity leads to behavior that builds more things to be positive about.

You can be grateful in writing or you can talk about it or you can visualize. Some people like to make lists about all that is good and works in their life. Others like to repeat this in the mirror.

As long as you recognize what’s working, everything will do.

Ritual #5 – Plan Your Day

It is freaking incredible how many people start their day without knowing what they want to accomplish.

This is like going on a vacation without even knowing what country you want to visit. Yes, it can make for some nice adventure but most of the time, you’ll end up lost and confused. 

Set your goals.

Decide on three things you want to accomplish today. This doesn’t mean that this is all you’ll do but these will be your MVPs aka most vital priorities. 

If you do these, you can call your day a victory. 

Get clear on what you want to achieve or you’ll spend all your day in reaction mode and that’s a wonderful way to get nothing done.

So How Should Your Day Look Like?

This is up to you.

Some people like steaming (inhaling the steam from essential oils). Others like running and others journal in the morning. Some rituals take as little as 20 minutes while others take 90 – 120 minutes. The important thing is that you do something that works for you and you stick with it. 

Are you using a specific morning ritual right now?

How does it look?

Best regards,

Imran

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Why You Should Thank Your Haters https://theprofitsinstitute.com/start-business/why-you-should-ignore-your-critics-haters/ Sun, 23 Dec 2018 07:16:46 +0000 http://theprofitsinstitute.com/?p=195 You may think once you become successful, people will love you.

That those around you will admire you and will want to learn.

That you’ll be seen as a hero.

That everyone around you will recognize all the hard work, effort you’ve put in to get to where you are now.

And I’m saying… that’s unlikely.

This is because while some people admire achievement (and I encourage you to surround yourself with these folks), most people will care more about themselves. To be more specific, they’ll care more about how you’re making them insecure, through your success, than any merit of praise you deserve.

So yes, some people will love you.

Some people will appreciate you.

And some people will treat you well.

But you need to be prepared for the opposite too. And this is facing the hate, insecurity and jealousy of others.

Why Pleasing Everyone Is Impossible!

Now, this isn’t a rant. This is not my purpose. But it’s rather to tell a truth, which is that no matter what you do, some people will not like you.

You can create the perfect product and you’ll still have refund requests. You can practice for 500 hours for your speech and someone will still find it poor. You can spend ten years of your life developing your business and someone who never had a business before will find something to criticize.

And you know why?

Because nobody likes to feel inferior.

Imagine this scenario.

Let’s say you’re overweight. And you have two other friends that are overweight too. Life is good. You eat together. You have the same hobbies. You feel comfortable and accepted when together.

But one day you change everything.

You throw away all your junk food. You get a gym membership. You walk more. You exercise every single day.

Do you think your friends will admire you?

Say “yes, do more of this!” Or “you’re amazing”?

Do you think they’ll encourage you on your new path?

No. They won’t. They won’t care. At worst, they’ll try to discourage you because you make them look back. You make them feel guilty about how they’re not taking any action to feel better. You’re a source of anxiety now.

“The Monkey Experiment”

I heard this story, this experiment.

So scientists wanted to study the group behavior of monkeys. They’ve set up a simple system. They would put a banana at the top of a ladder. Each time a monkey would grab that banana, the researchers would water hose all the monkeys.

This would create a negative association, just like if you touch a very hot object and you’d burn yourself, you would make sure to not touch it again.

Then a few interesting things happened.

First, each time a monkey would try to grab the banana, all others would jump on it and prevent it from completing the task, sometimes violently.

Second, the scientists replaced the monkeys one by one. So from the original ten monkeys, they replaced each one until there was a new group. This new group never suffered the water treatment. Yet, when a monkey would try to grab a banana, the others would stop it. “Banana = water jet” became a group culture and survived through communication even after they replaced the members.

While this is fascinating, it’s also a good example of how things work in real life.

We like to hate on things. We have no reasons. 

For example, many people grew up with the idea that money is evil. They’ve never faced this themselves, they’ve never faced experiences to show that money is evil, but this is what they’ve heard all their lives.

So as adults, they tell others that money is evil, even if they don’t even know why.

So it is with “haters”.

Haters hate. They don’t know why. 

But I guarantee you that for every person that wants to learn from you and appreciate you for what you’ve achieved, there will be a dozen that will feel bad they have achieved nothing and will want to ruin your party.

It’s not fair, but it’s just how life works.

Your poor friends don’t want you to be rich. You being rich makes them feel worse about them being poor. Your poor friends want to hear from you you’re struggling because then they can say “well, at least I’m not the only one, this is the situation for everyone around me”.

“Just Move Forward And Ignore The Critics”

So what do you do then?

Just do your thing.

Let people be negative. Let them criticize and condemn you. You keep building wealth. You keep getting better. Their criticism has nothing to do with you and everything with them. 

You’ll soon find some amazing people to keep you company who will do the opposite. They’ll support and love you and treat you as you deserve. This is because we always learn to associate with people like us.

Fitness freaks spend time with fitness freaks.

Entrepreneurs spend time with entrepreneurs.

Lazy people spend time with other lazy people.

Poor people are surrounded by other poor people.

You do your thing and you’ll build a new group around you with ease. 

Oh, and one last thing.

Don’t try to “save” those that criticize you, those that “you’ve left behind”. It never works. If they want to be saved, they would do something about it. They want to feel good and self righteous, not to advance in life. So don’t get caught up in this drama.

Best regards,

Imran

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The 24 Hour Money Making Plan https://theprofitsinstitute.com/start-business/you-have-only-24-hours-how-do-you-start-a-business-from-scratch/ Sun, 23 Dec 2018 07:07:37 +0000 http://theprofitsinstitute.com/?p=192 Let’s ask a question. A hypothetical one.

You’ve lost access to all your money. You also have none new income stream. All you have is about $150 in your PayPal account, a laptop, a place to work from and an Internet connection.

You also have your skills and your previous connections, friends, partners.

And your goal is simple.

Build a business in 24 hours that will earn you a steady income of at least $100 a day. I know this is not much, especially for Singapore, but remember that you’re starting with nothing and all your capital is just $150.

Can you do it?

Yes, and I’ll show you how.

I’ll show you three models. And yes, you can apply these whenever you want. You need not be in such a situation.

Arbitrage – Buying Low & Selling High Other People’s Skills

You’d think everyone price shops online for buying services.

You’d be wrong.

Most people don’t care about the cost as long as it is convenient. For every penny pincher you have ten people who will just pay whatever you ask.

And this opens an interesting opportunity for you.

You find work other people want to do and then you farm it to someone else. Basically, you find someone to pay you $5000 for a service and then you pay someone else $2500 (and make a big deal about how you’re overpaying) for the same service.

Your only work is to find the demand, find the supply and get the money. You may also have to check the work but it takes just a few minutes.

This is how most marketing agencies work.

When you hire someone, you’re not working with that person. You’re talking to the account manager. You’re talking to the person handling your job, not doing your job.

So you’re going to this guy, pay him $2000 for a website. And you think John from Nebraska, United States is doing the work.

Nope. You’d be so wrong.

John will then go to Sanjay from Delhi, pay him $500, offer him a $250 bonus if he does it on time and on specs and then pockets the difference. While Sanjay is working on his website, John watches Netflix.

It is wrong?

No.

Sanjay in this case would never get this opportunity and for him that $500 is a fortune. He would get $200 for the same work in his country. So it’s a win – win – win. You get your site, John gets his money, Sanjay gets a superb pay for his work.

And you can replicate this model with ease.

You can go on UpWork and find opportunities there. Or look in your network. And then you go to Fiverr or one of the Filipino or Indian outsourcing sites and find someone to do it.

You pay nothing in upfront. You release money to the supplier only when it’s done, and it’s done as you like it. 

This is the soul and heart of commerce. You buy low and you sell high. I guess you already know your $300 Nike shoes are made by some worker in Cambodia being paid $2 per hour. And this is how it has always been. The same works with agencies. Find opportunities. Take the money. Find someone cheaper, preferably half the price to do it. Pocket the difference. 

Instant profit day. Your total costs? Maybe $50 – $100 in membership fees on different sites and 20 – 30 minutes to manage all of this.

Affiliate Marketing – Leveraging Other People’s Products For Your Own Profit

Creating a product takes a lot of time and money.

And unless you know what you’re doing, it’s usually not the best starter move.

However, you can always sell what others have done and earn 50%, 75% and even 100% for your effort.

I’m talking about promoting digital products from ClickBank and JvZoo. The idea here is simple.

You find a product that you like.

You look at the commission structure. This is usually between 50% and 100%. Since product developers are interested in building their lists, they don’t care if they lose all their money on the upfront. I mean, it costs the same to deliver one digital product or five thousands. There’s no actual cost.

You then sign up for the service. I think all are free as an affiliate. Only the private affiliate networks ask you for money and you don’t need them now.

And then you leverage whatever audience you have.

If you have a big Facebook list, you can create a video presenting and selling that product. If you have a blog, then you can write an article there. If you have a mailing list, you email promo or a sequence.

You already have access to some audience. It’s impossible you don’t. You don’t need a mailing list of 50.000 people. Even a normal Facebook list has buyers. Even your personal list right now. 

I mean, take it this way, aren’t people on your list who want to lose weight?

Or earn more money?

Or improve themselves?

I doubt it. Buyers are everywhere, not only in formal lists. You have them in your email list, on Facebook, on LinkedIn. And even if these are not targeted lists of people who have a problem, want what you’re selling, can afford it and are actively looking for a solution, you can still find buyers there.

You can find a product in 30 minutes.

You can write a nice post to promote it in another 30 minutes.

You could have sales coming in the same day. Some affiliate offers pay by PayPal which means you’ll get the money within 24 hours. Others take longer but it’s still quick.

Freelancing – Trading Your Time For Money

First, let me say I’m not a big fan of this.

I believe a business is when you have systems working for you when you earn money by creating something that brings you money.

Freelancing is not one of those things. You trade your skills for an income and it can work for some people but it’s not something to do long term.

If you had only 24 hours to get a side income, and you had no other options, freelancing could work nicely for you.

You get an UpWork or freelancer.com account. Or you go to Warrior Forum in the “Looking To Hire Section”. Or you write a post on social media promoting your service.

You’re very likely to get a job. If you’re a good writer or you know how to use Photoshop or you can offer tax advice or any other skill, you’ll find people who need it.

Then you’ll offer this service and you’ll get paid for it. It’s not glamorous but you can easily earn a few hundred dollars within one day if you do it. It is money on demand with the downside that you don’t earn after for your effort.

Most business models I teach you focus on doing the work once and then enjoying the benefits again and again. 

With freelancing, you do the work once; you get paid once and then you start again. Sure, you can work with the same person but it’s a translation of time to money.

But again, in some circumstances, if you have some spare time or you want a quick buck, trading your time for money is a sure way to earn that little (or much) extra.

So Which One Of These Make The Most Sense To You?


Making money is not about hard work.

It’s about knowing what works and doing that.

If you take someone who has no skills and no know how, no matter how much he works, he won’t get a lot. But if you take a millionaire, strip him of everything he has and let him start over, he’ll make thousands or tens of thousands of dollars just like that.

Money and building wealth is not some secret force that only a few lucky one posses. It’s just a matter of knowing what to do and following instructions. It’s like having the key to a lock.

You put it in and it’s open. You’re in.

Best regards,

Imran

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How To Earn Just A Few Extra Bucks… And Why It Is Not Worth It https://theprofitsinstitute.com/start-business/how-to-earn-just-a-few-extra-bucks-and-why-it-is-not-worth-it/ Sun, 23 Dec 2018 06:27:40 +0000 http://theprofitsinstitute.com/?p=189

So let’s say you don’t want a business. You don’t want to earn money while you sleep. You don’t want to double or even triple your existing income while working half or less time.

Instead, you want to earn a few extra dollars this month. Maybe you want to go on vacation or you want to buy that new plasma TV. Or maybe you need some money fast but in all cases, you’re not committed to this long term, you want a quick and easy buck.

How can you do this?

Let’s cover a few options.

To make it simple for you, let’s have rules.

First, it can’t take you over ten hours a week. This is the maximum allowed. Also, it is preferably under $100 for your investment. I assume you already have a laptop and an Internet connection.

Not all are fit for you.

Some require specialized skills and some may not fit your personality. But if you want several low or no cost ways to earn an extra buck using the Internet, this is the list to read.

Option #1 – Become An Online Writer

You can find with ease people who need articles, blog posts, eBooks and content. Your job here is to write about the topics they need.

If you’re passionate about writing or about a specific topic, it is a good way to go. This is especially good if you are an expert into some niche, like martial arts or repairing iPads. This means you’re far more likely to find good gigs to fulfill.

The pay is not amazing but you can get $15 to $20 for every 1000 words written. It is low because there are many writers and third world countries are pushing the price down. But if you love writing and you’d write no matter what, out of sheer passion, you may as well be paid to do it.

You can find jobs on sites like UpWork and Warrior Forum for free. You can also pay for access to some job boards although I don’t see why you’d do that, there are many free options.

Option #2 – Work as a VA or administrative assistant.

In this role, you do a lot of things for another online entrepreneur. It’s not a glamorous job but if you have no particular skill, then you can take this route.

You can expect to be paid somewhere between $5 and $10 per hour, maybe more if you can bring something unique to the table. A VA does everything from market research to answering emails to writing short articles. It’s a jack of all trades job and while I think you can earn more money flipping burgers at McDonalds, it suits some people. 

For example, if you’re retired or on a medical holiday or stay at home mother / father, a temporary VA job can be good. It allows you to earn extra money and gives you something to do. 

Option #3 – Teach English online.

Yes, again, not the most glamorous job but it pays $20 per hour. I have met many Europeans living in Asia and funding their entire trip by teaching English on Skype.

There are even English schools that hire teachers to work from home. Your job is to talk with someone in English and to teach him or her some ideas. Your marketplace will be mostly Chinese / Taiwanese / Korean / Japanese but you can find customers of all nationalities.

It pays better than doing VA work but if you don’t love languages and helping people, it can become very frustrating, fast.

Option #4 – Do Transcriptions.

Another low paying online gig but for this one you require no skills. All you have to do is transcribe from audio sources. From what I’ve seen online, you’ll be earning about $5 to $10 per hour (not per hour of transcription but per hour of work). 

Most customers come from the legal and insurance field where having transcriptions of conversations is required. 

Option #5 – Do Graphic Design.

If you are good with Adobe Photoshop, Lightroom and other photo manipulation packages, then you can earn good money. This is also true for video editing as I hire graphic designers and video editors and I pay quite a lot for them.

Your options here range. You can go to 99 Designs and “auction” against others, providing a spec copy and hope you’ll be selected. You can go to freelancing boards and apply to jobs there. Or you can even offer something on Fiverr, something you can do in a minute or two. Five bucks each time is not much but if the job is easy, then it can make sense.

Option #6 – Work on Fiverr.

If Fiverr sounds like a joke, I don’t blame you. But I’ve been there lately to buy something and I’ve seen gigs in the $5000 and $10.000 area. Fiverr has stopped being a $5 marketplace a long time ago. Most of the gigs that make sense there are way above that price.

The rule here is to start with a low end package, something you can deliver with ease. Then you add upsells for faster delivery or copyright or whatever else makes sense. Soon your five-minute gig that used to cost $5 now costs $40, and it takes a bit more to deliver.

Don’t make fun of Fiverr. I know people earning $15.000 – $20.000 / month only through this platform.

Option #7 – Get on Patreon.

Patreon is basically a site that allows people to support creatives, especially video publishers and writers. It eliminates the need to create your own funnel and your own payment system.

If you have a blog, you can be on Patreon and others can donate money to you or pay for exclusive access. This works if you have an established audience. It’s like when you pay for HBO, you pay an extra $5 per month to get access to all those movies.

Patreon makes it possible for content creators to get paid for their stuff without using Google AdSense, without affiliate marketing and the hassle of doing all of this themselves. Plus, you’ll get exposure and draw donations directly from the site.

So what method is right for you?

Let’s be honest, most of these make no sense if you have a high-paying job. Even if you’re unemployed, it makes more sense to just find something that pays a decent wage. However, if you love doing it or you want to learn more about IM, then you can try them.

My advice is that instead of looking to earn an extra buck, to actually build an online business. This is because you’ll work very hard for that $250 per month extra but you’ll find it a lot easier to earn $2.500 or $25.000 when you do things right. 

It doesn’t pay to aim low, especially in online marketing.

Best regards,

Imran

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