It's not a concoction. It's not a terrible tasting juice.. Colostrum is nature's (Allah's S.W.T.) gift to us!
Keep a date tonight Wednesday 24 June 2009 8:30 PM at the Grand Ballroom, Palace of Golden Horses, Kuala Lumpur. The Chief Scientist of the Institute of Colostrum Research, Michail Borissenko will give a talk on the benefits of Aplha Lipid Lifeline bovine colostrum to human beings of all ages. Admission is free for everyone.
Wednesday 24 June 2009
Top 10 Most Irritating Phrases
Heading the list was the expression ‘at the end of the day’, which was followed in second place by the phrase ‘fairly unique’.
The tautological statement “I personally” made third place – an expression that BBC Radio 4 presenter John Humphreys has described as “the linguistic equivalent of having chips with rice.” Also making the top 10 is the grammatically incorrect “shouldn’t of”, instead of “shouldn’t have”. The phrases appear in a book called Damp Squid, named after the mistake of confusing a squid with a squib, a type of firework.
The researchers who compiled the list monitor the use of phrases in a database called the Oxford University Corpus, which comprises books, papers, magazines, broadcast, the internet and other sources.
The database alerts them to new words and phrases and can tell them which expressions are disappearing. It also shows how words are being misused.
As well as the above expressions, the book’s author Jeremy Butterfield says that many annoyingly over-used expressions actually began as office lingo, such as 24/7 and “synergy”.
Other phrases to irritate people are “literally” and “ironically”, when they are used out of context. Mr Butterfield said: “We grow tired of anything that is repeated too often – an anecdote, a joke, a mannerism – and the same seems to happen with some language.”
1 - At the end of the day
2 - Fairly unique
3 - I personally
4 - At this moment in time
5 - With all due respect
6 - Absolutely
7 - It’s a nightmare
8 - Shouldn’t of
9 - 24/7
10 - It’s not rocket science
Source:-
Telegraph.co.uk: Oxford compiles list of top ten irritating phrases »
The above is an interesting compilation and the Asians are not exempted from making such annoying phrases too.
In an interview setting, some specific phrases are also over-used. Most of the expressions are really meaningless. They were mainly used as “fillers” or to begin a new sentence, but when every sentence starts with a particular phrase or word, it can really gets on your nerves.
I’m sure many Recruiters will agree with me that some of the most irritating phrases that an interviewee expressed during an interview can be found below:
1 - To be honest with you
2 - Frankly speaking
3 - Exactly
4 - Don’t get me wrong
5 - As a matter of fact
6 - Nothing against my company or management, but…
7 - At the end of the day
8 - Just within these four walls…
9 - Not wanting to say anything bad about…
10 - With due respect
The tautological statement “I personally” made third place – an expression that BBC Radio 4 presenter John Humphreys has described as “the linguistic equivalent of having chips with rice.” Also making the top 10 is the grammatically incorrect “shouldn’t of”, instead of “shouldn’t have”. The phrases appear in a book called Damp Squid, named after the mistake of confusing a squid with a squib, a type of firework.
The researchers who compiled the list monitor the use of phrases in a database called the Oxford University Corpus, which comprises books, papers, magazines, broadcast, the internet and other sources.
The database alerts them to new words and phrases and can tell them which expressions are disappearing. It also shows how words are being misused.
As well as the above expressions, the book’s author Jeremy Butterfield says that many annoyingly over-used expressions actually began as office lingo, such as 24/7 and “synergy”.
Other phrases to irritate people are “literally” and “ironically”, when they are used out of context. Mr Butterfield said: “We grow tired of anything that is repeated too often – an anecdote, a joke, a mannerism – and the same seems to happen with some language.”
1 - At the end of the day
2 - Fairly unique
3 - I personally
4 - At this moment in time
5 - With all due respect
6 - Absolutely
7 - It’s a nightmare
8 - Shouldn’t of
9 - 24/7
10 - It’s not rocket science
Source:-
Telegraph.co.uk: Oxford compiles list of top ten irritating phrases »
The above is an interesting compilation and the Asians are not exempted from making such annoying phrases too.
In an interview setting, some specific phrases are also over-used. Most of the expressions are really meaningless. They were mainly used as “fillers” or to begin a new sentence, but when every sentence starts with a particular phrase or word, it can really gets on your nerves.
I’m sure many Recruiters will agree with me that some of the most irritating phrases that an interviewee expressed during an interview can be found below:
1 - To be honest with you
2 - Frankly speaking
3 - Exactly
4 - Don’t get me wrong
5 - As a matter of fact
6 - Nothing against my company or management, but…
7 - At the end of the day
8 - Just within these four walls…
9 - Not wanting to say anything bad about…
10 - With due respect
Friday 12 June 2009
Internet Age Multi-Level Marketing
Constantine Shpikat wrote to me recently. Here's an excerp from his message:
Get Started with perhaps the most interesting business in the world!
Ask yourself. Do your current lifestyle is what you've dream about?
you believe that things you did recent years will help you achieve your dreams in future?
If you answered "no" on both or one of this questions read carefully course "Own Your Life".
Intro
Lesson 1. Residual income
Lesson 2. A business that provides an additional source of income
Lesson 3. The real story behind Multi-Level Marketing
Lesson 4. More on Multi-Level Marketing
Lesson 5. Increase the value of your business
This course will give you more information about opportunity of building your own business and The System of building business which is the most simple and the most available that we have today.
It will take you about half an hour to read all five lessons.
Please contact me on skype if you are ready to start your own business.
---
Sincerely,
Constantine Shpikat
skype:nuke-ibm
http://www.ownbusinessopportunity.com/ - Own Your Life
Get Started with perhaps the most interesting business in the world!
Ask yourself. Do your current lifestyle is what you've dream about?
you believe that things you did recent years will help you achieve your dreams in future?
If you answered "no" on both or one of this questions read carefully course "Own Your Life".
Intro
Lesson 1. Residual income
Lesson 2. A business that provides an additional source of income
Lesson 3. The real story behind Multi-Level Marketing
Lesson 4. More on Multi-Level Marketing
Lesson 5. Increase the value of your business
This course will give you more information about opportunity of building your own business and The System of building business which is the most simple and the most available that we have today.
It will take you about half an hour to read all five lessons.
Please contact me on skype if you are ready to start your own business.
---
Sincerely,
Constantine Shpikat
skype:nuke-ibm
http://www.ownbusinessopportunity.com/ - Own Your Life
Tuesday 9 June 2009
It is All About Respect
Recently Dr. Ket-Sang Tai shared with me some thoughts on Permission Marketing:
Permission Marketing
Sun, Jun 7, 2009
Lifestyle, Web 2.0 Marketing
Recently I am getting a lot of emails from people who have subscribed to my training email list offering me their opportunities. The bigger my list gets, the more such emails I receive. Sometime I do get very annoyed by that. These people submitted their details for information about marketing and then they turn around and offer me their business opportunities. I am wondering if they are doing the same thing to other people. They assume that after I have sent them one email, they have the right to send me anything they like.
You know what… these people need to learn proper marketing. If you are doing the same thing, I suggest you read this article by Seth Godin on permission marketing.
Marketing has changed a lot in the past 5-10 years. Everyday we are bombarded by advertisements in the form of TV ads, radio ads, magazine ads, cold calling and leaflets through the doors. As a result, these forms of marketing is becoming less effective. This is where permission marketing comes in. It is all about respect. If you don’t have permission, people will not listen to you anyway, so what is the point?
You need to have permission from others to offer your products or business opportunities to them. An opt in list is a good example of permission marketing. People fill in their names and details in order to receive more information.
I think this is an important concept to learn. Seth Godin has also written a book on this. You can get 4 free chapters here.
ps: picture from Seth Godin’s website
To Your Success,
Ket-Sang Tai
By the way, I am also very much in Network & Multi-Level Marketing (MLM) and I will share with you some lessons on MLM in my next posting. Meanwhile, Please check out these websites:
www.newimageasia.com
www.colostrumresearch.org
www.klikjutawan.com/recommends/juta2wang
Permission Marketing
Sun, Jun 7, 2009
Lifestyle, Web 2.0 Marketing
Recently I am getting a lot of emails from people who have subscribed to my training email list offering me their opportunities. The bigger my list gets, the more such emails I receive. Sometime I do get very annoyed by that. These people submitted their details for information about marketing and then they turn around and offer me their business opportunities. I am wondering if they are doing the same thing to other people. They assume that after I have sent them one email, they have the right to send me anything they like.
You know what… these people need to learn proper marketing. If you are doing the same thing, I suggest you read this article by Seth Godin on permission marketing.
Marketing has changed a lot in the past 5-10 years. Everyday we are bombarded by advertisements in the form of TV ads, radio ads, magazine ads, cold calling and leaflets through the doors. As a result, these forms of marketing is becoming less effective. This is where permission marketing comes in. It is all about respect. If you don’t have permission, people will not listen to you anyway, so what is the point?
You need to have permission from others to offer your products or business opportunities to them. An opt in list is a good example of permission marketing. People fill in their names and details in order to receive more information.
I think this is an important concept to learn. Seth Godin has also written a book on this. You can get 4 free chapters here.
ps: picture from Seth Godin’s website
To Your Success,
Ket-Sang Tai
By the way, I am also very much in Network & Multi-Level Marketing (MLM) and I will share with you some lessons on MLM in my next posting. Meanwhile, Please check out these websites:
www.newimageasia.com
www.colostrumresearch.org
www.klikjutawan.com/recommends/juta2wang
Friday 5 June 2009
The Wheel of Life
Something to share, forwarded by Dr. Baha from my MRSM Pioneers e-group:
From Ordering Steak and Lobster, to Serving It - by Mary Pilon, Monday, June 1, 2009 provided by Carlos Araya used to order lobster, filet mignon and $200 bottles of red wine at the Palm Restaurant in midtown Manhattan. Now, he seats customers at its Tribeca branch. More from WSJ.com :
• Laid Off? How Bad Can It Get?
• Taking Career Cues From Hollywood
• Using Alumni Career Services Mr. Araya, 38 years old, lost his job in 2007 as a crude oil trader on the New York Mercantile Exchange. After visiting dozens of headhunters with no luck, he applied in August 2008 to be a host at the Palm to support his wife, two young daughters and mortgage payments. His salary has plunged from $200,000 to $25,000. If the financial crisis was the flood, then the Arayas are one of the families standing in the stagnant waters left behind. Some former Wall Street employees, highly trained and accustomed to comfortable salaries, are having trouble translating their specialized skills to other fields that pay well, and instead find themselves forced to accept low-wage work. Now, Mr. Araya is on the brink of losing it all and is doubtful that he will ever return to Wall Street.And he isn't alone. Nearly 25,000 jobs have been lost in New York City's financial sector since August 2007, according to the New York State Department of Labor. The finance industry in New York is expected to lose 56,800 jobs from the end of 2007 to the beginning of 2012, according to projections from the Independent Budget Office, a publicly funded information agency. John Carbonaro was let go as a floor clerk by Bank of America in January 2009, and despite his job-hunting efforts, remains a "Mr. Mom." Joe Morrone, a laid-off trading clerk from Prudential, has been unemployed for two years and struggles to support his daughters and grandson. He has had stints as a deli worker, a doorman and a bouncer. "I used to have three cars," Mr. Morrone says. "Now I share one".
More from Yahoo! Finance:
• The Best Time to Ask for a Sabbatical Could Be Now
• Are Layoffs Looming at Your Company?
• Here Comes Your Stimulus Bonus
Visit the Career & Work Center. The result is an unlikely stream of erstwhile Wall Street pros need help."I've got 'em all -- Lehman, AIG, Citi," says Bob Townley, head of Manhattan Youth in Tribeca, an organization that gave the Arayas financial assistance to pay for childcare while they are working. "I can hear it in a parent's voice when there's trouble. Others are too proud to ask for help."Many of these parents once made donations to Mr. Townley's program. Now they are asking for aid to pay for their kids. Mr. Araya's daughters, ages 6 and 7, are in an after-school program at Mr. Townley's center. Nowadays, during Mr. Araya's late nights at the Palm, reminders of his old life crop up when former colleagues come in. Some are encouraging and offer hugs. Others sneer, he says. "The way they look at you, you know they're thinking negatively," he says. Some are laid-off like him, and ask if the restaurant is hiring. As a host, Mr. Araya wears a suit and tie. He's on his feet most of the day, either escorting guests to tables or manning the podium at the front, answering phone calls, managing reservations on the computer and fielding orders from wait staff and managers. Although he's thankful for the work at the Palm, paydays can be bittersweet. "At the end of the week, I get my paycheck," he says, "and I think, 'I used to make this much in a day.' "
Matthew Craig/MJR for The Wall Street Journal: In Carlos Araya's new job as a host at New York City's Palm Restaurant, he sometimes seats colleagues from his former life on Wall Street. Mr. Araya's wife, Dennise, has gone back to work as an administrative assistant for a construction company and leaves home at 6 a.m. Mr. Araya often works until one or two in the morning and on weekends, leaving little time for the family to be together. He calls his daughters every night during his break at the restaurant on his cellphone to say good night. Mr. Araya now is the one who gets his children ready for school. He's learned to tie pony tails, inadvertently shrunk sweaters in the wash and knows which grocery store has the best price on milk.The Arayas stopped dining out, pulled their daughters out of ballet and tumbling classes, and dropped cable television -- even though the flat screen he bought when they first moved in still sits in the living room.Last month, for the first time, the Arayas didn't make a mortgage payment. Their savings are almost depleted. The mortgage, taxes and fees for the family's condo cost $6,200. Combined, he and Denise bring in $4,000 a month. Three months ago, he and his wife applied to restructure their mortgage. The bank told them it is still processing the request. They fear foreclosure and bankruptcy. Recently, their oldest daughter asked Mr. Araya if the family would have to move. He told her he didn't know. She countered: "How much money do we need?""The way she looked at me," Mr. Araya says, "I could tell she was counting the money in her piggy bank." He went into the bathroom and cried. After a few minutes, he dried his eyes and walked back into the living room.
Mr. Araya, the son of a cab driver, grew up in a working-class neighborhood in nearby Queens. Like thousands of New Yorkers, he used a Wall Street job to vault into a comfortable lifestyle that included his apartment -- bought for $960,000 four years ago -- in Manhattan's Battery Park City neighborhood and family vacations to Cabo San Lucas, Disneyland and Las Vegas. The Arayas purchased the condo in 2005 with a 20% down payment and a pre-construction price. The proximity of the two-bedroom, two-bathroom apartment to the trading pit allowed Mr. Araya to spend more time with his family and less time commuting. Ms. Araya diligently managed the family budget with Excel charts to ensure that they had no credit card debt, good credit histories even an emergency fund saved over five years that is now depleted. Mr. Araya says he would be lucky to find a buyer and break even on the apartment now. Mr. Araya dropped out of college in 1992 to work in the pits, where he quickly advanced from runner to trader. He shifted between large firms like J.P. Morgan Chase & Co. and smaller shops like Aren Brokerage Service, the firm that eventually laid him off. A wrestler in high school, Mr. Araya was known for elbowing his way through the loud commodities pits. Nights were late; mornings began at 4:30 am, fueled by coffee."You'd clock in and just try to kill each other till the bell rang," Mr. Araya says. He had a knack for the Merc job. He could gauge from the roar of traders' voices how the market was faring. He gained loyal clients, and was confident enough to engage in profane shouting matches with them on the phone. Mr. Araya still has dreams about the hand signals traders use to indicate orders. His trading jacket hangs in his closet. Every day lately, he spends two hours online, trolling job Web sites like Monster.com and e-mailing former colleagues. The leads have dried up, since some of them are laid off themselves. He's contacted headhunters, been on a dozen interviews in the last year and a half, but nothing has come of them."It was a hard reality at first," he says. "I used to see unemployed people and think they were lazy, that it was all on them. Now it's happened to me." Write to Mary Pilon at mary.pilon@wsj.com
The above scenario is also happening to even top level executives in Malaysia to put it quite mildly. Some people whom I work with and talk to nowadays say that it is rampant especially in the Kuala Lumpur/Kelang Valley area. They must know, because some of them were in that predicament before but to them it is also a blessing in disguise. Check out and have an idea of what we do by visiting:
http://www.newimageasia.com/
http://www.colostrumresearch.org/
From Ordering Steak and Lobster, to Serving It - by Mary Pilon, Monday, June 1, 2009 provided by Carlos Araya used to order lobster, filet mignon and $200 bottles of red wine at the Palm Restaurant in midtown Manhattan. Now, he seats customers at its Tribeca branch. More from WSJ.com :
• Laid Off? How Bad Can It Get?
• Taking Career Cues From Hollywood
• Using Alumni Career Services Mr. Araya, 38 years old, lost his job in 2007 as a crude oil trader on the New York Mercantile Exchange. After visiting dozens of headhunters with no luck, he applied in August 2008 to be a host at the Palm to support his wife, two young daughters and mortgage payments. His salary has plunged from $200,000 to $25,000. If the financial crisis was the flood, then the Arayas are one of the families standing in the stagnant waters left behind. Some former Wall Street employees, highly trained and accustomed to comfortable salaries, are having trouble translating their specialized skills to other fields that pay well, and instead find themselves forced to accept low-wage work. Now, Mr. Araya is on the brink of losing it all and is doubtful that he will ever return to Wall Street.And he isn't alone. Nearly 25,000 jobs have been lost in New York City's financial sector since August 2007, according to the New York State Department of Labor. The finance industry in New York is expected to lose 56,800 jobs from the end of 2007 to the beginning of 2012, according to projections from the Independent Budget Office, a publicly funded information agency. John Carbonaro was let go as a floor clerk by Bank of America in January 2009, and despite his job-hunting efforts, remains a "Mr. Mom." Joe Morrone, a laid-off trading clerk from Prudential, has been unemployed for two years and struggles to support his daughters and grandson. He has had stints as a deli worker, a doorman and a bouncer. "I used to have three cars," Mr. Morrone says. "Now I share one".
More from Yahoo! Finance:
• The Best Time to Ask for a Sabbatical Could Be Now
• Are Layoffs Looming at Your Company?
• Here Comes Your Stimulus Bonus
Visit the Career & Work Center. The result is an unlikely stream of erstwhile Wall Street pros need help."I've got 'em all -- Lehman, AIG, Citi," says Bob Townley, head of Manhattan Youth in Tribeca, an organization that gave the Arayas financial assistance to pay for childcare while they are working. "I can hear it in a parent's voice when there's trouble. Others are too proud to ask for help."Many of these parents once made donations to Mr. Townley's program. Now they are asking for aid to pay for their kids. Mr. Araya's daughters, ages 6 and 7, are in an after-school program at Mr. Townley's center. Nowadays, during Mr. Araya's late nights at the Palm, reminders of his old life crop up when former colleagues come in. Some are encouraging and offer hugs. Others sneer, he says. "The way they look at you, you know they're thinking negatively," he says. Some are laid-off like him, and ask if the restaurant is hiring. As a host, Mr. Araya wears a suit and tie. He's on his feet most of the day, either escorting guests to tables or manning the podium at the front, answering phone calls, managing reservations on the computer and fielding orders from wait staff and managers. Although he's thankful for the work at the Palm, paydays can be bittersweet. "At the end of the week, I get my paycheck," he says, "and I think, 'I used to make this much in a day.' "
Matthew Craig/MJR for The Wall Street Journal: In Carlos Araya's new job as a host at New York City's Palm Restaurant, he sometimes seats colleagues from his former life on Wall Street. Mr. Araya's wife, Dennise, has gone back to work as an administrative assistant for a construction company and leaves home at 6 a.m. Mr. Araya often works until one or two in the morning and on weekends, leaving little time for the family to be together. He calls his daughters every night during his break at the restaurant on his cellphone to say good night. Mr. Araya now is the one who gets his children ready for school. He's learned to tie pony tails, inadvertently shrunk sweaters in the wash and knows which grocery store has the best price on milk.The Arayas stopped dining out, pulled their daughters out of ballet and tumbling classes, and dropped cable television -- even though the flat screen he bought when they first moved in still sits in the living room.Last month, for the first time, the Arayas didn't make a mortgage payment. Their savings are almost depleted. The mortgage, taxes and fees for the family's condo cost $6,200. Combined, he and Denise bring in $4,000 a month. Three months ago, he and his wife applied to restructure their mortgage. The bank told them it is still processing the request. They fear foreclosure and bankruptcy. Recently, their oldest daughter asked Mr. Araya if the family would have to move. He told her he didn't know. She countered: "How much money do we need?""The way she looked at me," Mr. Araya says, "I could tell she was counting the money in her piggy bank." He went into the bathroom and cried. After a few minutes, he dried his eyes and walked back into the living room.
Mr. Araya, the son of a cab driver, grew up in a working-class neighborhood in nearby Queens. Like thousands of New Yorkers, he used a Wall Street job to vault into a comfortable lifestyle that included his apartment -- bought for $960,000 four years ago -- in Manhattan's Battery Park City neighborhood and family vacations to Cabo San Lucas, Disneyland and Las Vegas. The Arayas purchased the condo in 2005 with a 20% down payment and a pre-construction price. The proximity of the two-bedroom, two-bathroom apartment to the trading pit allowed Mr. Araya to spend more time with his family and less time commuting. Ms. Araya diligently managed the family budget with Excel charts to ensure that they had no credit card debt, good credit histories even an emergency fund saved over five years that is now depleted. Mr. Araya says he would be lucky to find a buyer and break even on the apartment now. Mr. Araya dropped out of college in 1992 to work in the pits, where he quickly advanced from runner to trader. He shifted between large firms like J.P. Morgan Chase & Co. and smaller shops like Aren Brokerage Service, the firm that eventually laid him off. A wrestler in high school, Mr. Araya was known for elbowing his way through the loud commodities pits. Nights were late; mornings began at 4:30 am, fueled by coffee."You'd clock in and just try to kill each other till the bell rang," Mr. Araya says. He had a knack for the Merc job. He could gauge from the roar of traders' voices how the market was faring. He gained loyal clients, and was confident enough to engage in profane shouting matches with them on the phone. Mr. Araya still has dreams about the hand signals traders use to indicate orders. His trading jacket hangs in his closet. Every day lately, he spends two hours online, trolling job Web sites like Monster.com and e-mailing former colleagues. The leads have dried up, since some of them are laid off themselves. He's contacted headhunters, been on a dozen interviews in the last year and a half, but nothing has come of them."It was a hard reality at first," he says. "I used to see unemployed people and think they were lazy, that it was all on them. Now it's happened to me." Write to Mary Pilon at mary.pilon@wsj.com
The above scenario is also happening to even top level executives in Malaysia to put it quite mildly. Some people whom I work with and talk to nowadays say that it is rampant especially in the Kuala Lumpur/Kelang Valley area. They must know, because some of them were in that predicament before but to them it is also a blessing in disguise. Check out and have an idea of what we do by visiting:
http://www.newimageasia.com/
http://www.colostrumresearch.org/
Wednesday 3 June 2009
When the Cat is Away
Haha.. if you are the Cat, obviously you can play golf or any sports at any time and don't have to be in your shirt-sleeves and tie pretending to be working but having golf on your mind or having to find work in a prank or staged protest march in the streets to supplement your miserable income.. :)
Monday 1 June 2009
Wealth is Health
The first concept we must understand to have healthy bank account(s) is about active (passion) and passive incomes.
Active income: You are paid according to the hours of work (or sometimes idling :) you do at the office. 90% of the population of a town or city earn wages or salaries. Some very talented people earn a living by doing what they are passionate about (how lucky) they are but to most people their passions will never generate a decent income to make a living. So, that's why most of us who are passionate about playing tennis, golf (except for winning the occasional portable stereo sets), badminton, music, painting, singing or even teaching and training/coaching people have to have a day job earning a monthly or weekly salary. For us to be able to engage in our passions full time we need to generate a passive income.
Passive income: You are paid perpetually (10% or less of the population are here), however to me real wealth or financial freedom is not really measured by how much money you have but the time and ability to enjoy it and to help others to become healthy and wealthy as well.Quite obviously these people are free to ;)
Have a proper breakfast at home, go the movies at any time of the day, laze around at the beach whenever they feel like it, go shopping at non-peak hours/season without having to line-up at the cashier to pay, write blogs haha.. :) and most important of all have time to be with the family and participate actively to watch their children grow up. I really enjoy and appreciate whenever I have the opportunity of sending and fetching my son to/from school and perform the zohor prayers then have lunch with him. I wish I will have enough passive income to do this everyday for at least until he graduated from the tadika and primary school.
Based on what I understand from the definition of financial freedom, my specialist doctor friend and my dentist have not generated a sizeable passive income from their years of hard work, quite simply because all of us have only 24 hours only in a day, although doctors, I firmly believe, are well-trained to work up to 20 hours a day :).. However doctors and lawyers and most professionals must meet patients and clients. It's active income. So do salesmen. Most salesmen I met are not passionate about selling and its sad because some actually hate selling. Sadder still, most of us do not have a passive income. Some of these professionals may look wealthy but they do very much need their salaries, commission and wages just like the rest of us.
We must now ask ourselves how much of our income is passive, including from all our unit trust investments and the interests and dividents from our bank accounts. The key is to be involved in at least 1 source of passive income every year. Some people I know generates passive incomes by taking up an agency to sell life and investment-linked insurance for a year until they are very competent and have built up a base of clients, then move on get a CFP licence to be a Certified Financial Planner to sell unit trust and other financial investment instruments which generates multi-level income and some even start with product MLM or direct selling to leverage on their existing networks.
Here's some examples of the sources of passive incomes that you may want to study according to your talent and/or passion:
* Investments that generates monthly or daily returns* Songwriters that earn perpetual royalties from their songs * Writers who earn royalties from their book sales* Insurance agents who gets multi-tier commission throughout the lives of their insured clients* Internet entrepreneurs who sell virtual and real products* Direct-selling members who receive multi-tier monthly income* Various jobs that earn royalties e.g. actors, computer soft-ware developers, video game inventors* Prospect List- builder who earns weekly, monthly rentals* & last but not least, *Real estate owners who rent out land or properties to individuals and corporations*
We must always ask ourselves:“How much time everyday have we devoted creatively & innovatively to generate passive incomes for ourselves and family? Don't you time it's time to wake up and do so?”
These 2 guys are doing something quite successfully, please take a look and maybe there's something to learn from them:
http://www.ecommercemastery.com/provider8/idevaffiliate.php?id=5350
http://www.rahsiawangpantas.com/index.php?ref=haliang1219
Active income: You are paid according to the hours of work (or sometimes idling :) you do at the office. 90% of the population of a town or city earn wages or salaries. Some very talented people earn a living by doing what they are passionate about (how lucky) they are but to most people their passions will never generate a decent income to make a living. So, that's why most of us who are passionate about playing tennis, golf (except for winning the occasional portable stereo sets), badminton, music, painting, singing or even teaching and training/coaching people have to have a day job earning a monthly or weekly salary. For us to be able to engage in our passions full time we need to generate a passive income.
Passive income: You are paid perpetually (10% or less of the population are here), however to me real wealth or financial freedom is not really measured by how much money you have but the time and ability to enjoy it and to help others to become healthy and wealthy as well.Quite obviously these people are free to ;)
Have a proper breakfast at home, go the movies at any time of the day, laze around at the beach whenever they feel like it, go shopping at non-peak hours/season without having to line-up at the cashier to pay, write blogs haha.. :) and most important of all have time to be with the family and participate actively to watch their children grow up. I really enjoy and appreciate whenever I have the opportunity of sending and fetching my son to/from school and perform the zohor prayers then have lunch with him. I wish I will have enough passive income to do this everyday for at least until he graduated from the tadika and primary school.
Based on what I understand from the definition of financial freedom, my specialist doctor friend and my dentist have not generated a sizeable passive income from their years of hard work, quite simply because all of us have only 24 hours only in a day, although doctors, I firmly believe, are well-trained to work up to 20 hours a day :).. However doctors and lawyers and most professionals must meet patients and clients. It's active income. So do salesmen. Most salesmen I met are not passionate about selling and its sad because some actually hate selling. Sadder still, most of us do not have a passive income. Some of these professionals may look wealthy but they do very much need their salaries, commission and wages just like the rest of us.
We must now ask ourselves how much of our income is passive, including from all our unit trust investments and the interests and dividents from our bank accounts. The key is to be involved in at least 1 source of passive income every year. Some people I know generates passive incomes by taking up an agency to sell life and investment-linked insurance for a year until they are very competent and have built up a base of clients, then move on get a CFP licence to be a Certified Financial Planner to sell unit trust and other financial investment instruments which generates multi-level income and some even start with product MLM or direct selling to leverage on their existing networks.
Here's some examples of the sources of passive incomes that you may want to study according to your talent and/or passion:
* Investments that generates monthly or daily returns* Songwriters that earn perpetual royalties from their songs * Writers who earn royalties from their book sales* Insurance agents who gets multi-tier commission throughout the lives of their insured clients* Internet entrepreneurs who sell virtual and real products* Direct-selling members who receive multi-tier monthly income* Various jobs that earn royalties e.g. actors, computer soft-ware developers, video game inventors* Prospect List- builder who earns weekly, monthly rentals* & last but not least, *Real estate owners who rent out land or properties to individuals and corporations*
We must always ask ourselves:“How much time everyday have we devoted creatively & innovatively to generate passive incomes for ourselves and family? Don't you time it's time to wake up and do so?”
These 2 guys are doing something quite successfully, please take a look and maybe there's something to learn from them:
http://www.ecommercemastery.com/provider8/idevaffiliate.php?id=5350
http://www.rahsiawangpantas.com/index.php?ref=haliang1219
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