Short Inspirations And Success Advice
July 23, 2009 by admin · 27 Comments
I was reading a book on short inspirations and success advice so I thought of sharing with you….
“The way to get ahead is to start now. If you start now, you will know a lot next year that you don’t know and that you would not have known next year if you had waited.” William Feather
“People are not against you; they are merely for themselves.” Gene Fowler
Action may not always bring happiness… but there’s no happiness without action.” – Benjamin Disraeli
Talent alone won’t make you a success. Neither will being in the right place at the right time, unless you are ready. The most important question is always: “Are you ready?” – Johnny Carson
“Have patience. All things are difficult before they become easy.” Saadi
“It is in the moment of your decision and action that your life is shaped.” – Anthony Robbins
“The greatest mistake one can make in life is to continually fearing you will make one.”
“You can give without loving, but you cannot love without giving.” Amy Carmichael
Feel free to leave a comment for the quotes and if you have your own to share, share at the comment below. 
To your success,
Patric Chan
www.SuccessTrace.com
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Creating Wealth On The Internet
July 19, 2009 by admin · 3 Comments
In my earlier blog post, I’ve mentioned about creating wealth from the internet. Here’s a simple step-by-step summary to achieve this:
#1. Determine Your Market On The Internet
The first thing you need to decide is your market. Meaning, who do you want to serve? Examples of markets could be like pet, fitness, health, gardening, etc. Once you know your market, then only you build your internet business IN IT. There are 3 main things to consider when selecting a market:
Your Interest – If you’re given the option, it’s always better to build an internet business in a topic that interests you. I mean, if you like flowers, wouldn’t it be great to start an internet business that is related to flowers than a business about motorcycles?
Profitability – Well, there’s no point building a business that you like if it won’t be profitable right? Profitability means that the market is a buying market. Ask yourself – do people pay to learn about flower arrangement information? How about buying flowers online?
Reachability – This is the part that many got it wrong – for instance, someone who like golf and know that the market is profitable might not achieve success online. The reason is, is he able to reach the prospects in that market? If it’s too competitive, then this market might not be suitable for you.
#2. Your Product To Sell
There are different types of products you can sell online. The one I would recommend is an ‘info-product’ like ebook, audio course, email course, streaming video, etc. As far as I’m concern, this is the best product because it can be created by anyone, its high value, can be automated and ‘free’ to produce. An example of an info-product could be like an ebook called, “7 Secrets Of Flower Arrangement At Home” or an audio course called, “My Secrets To Arrange Flowers At Home”.
#3. Your Webpage
Noticed I did not use the word, ‘website’ but ‘webpage’. You don’t need an amazon.com website to make money online! All you need is a page which has to offer what you’re selling. And the main component on your webpage is WORDS so that you can engage your webpage visitor to read your offer and order your product after that.
#4. Getting Traffic
Now that you know your market, have a product to sell and set up your webpage, the next step is to get traffic to your webpage. The quickest way to get traffic is by buying ‘pay-per-click’ ads from Google called the Google Adwords Program. They’ll be able to send traffic to you as quickly as within a few hours and you’re only charge for the clicks.
#5. Continuous Improvement
At this stage, you’ll either be improving your sales conversion on your webpage or create new products to be sold in your current market to increase revenue.
I know these steps work very effective because this is the same system that I’m using to make money on the internet.
To be honest, if you’re new to creating wealth from the internet, all of this can be exciting but at the same time, complex. I was in the same shoe as well when I first started 6 years ago but now, it’s child’s play.
The trick is, if you’re not ‘greedy’, it’s really not hard to start making a few hundreds in the beginning and move to a $1,000 in your first month.
Importantly, get started now. You’ll learn along the way.
Patric Chan
SuccessTrace.com
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You Can Be Wealthy In 2 Ways…
July 16, 2009 by admin · 11 Comments
The first method is to save as much as you can.
That works but that’s not my style because it takes way to long – I’ll be a grandpa by the time I turned millionaire. Again, nothing’s wrong with that but I really want to spend the money I’ve made to reward myself – not just leave it to my next generation.
The other one is to find a medium that will ‘connect’ you with wealth as quickly as possible. I’ll talk more about this in a short while but I want to lay out the fundamentals first.
To become wealthy, it breaks down to 3 major components –
i. Your Mindset
You have to know how to think smart when you want to create wealth. There are plenty of books out there that will teach you this but one thing I want to point out is the knowledge of knowing how to invest on yourself to become wealthier. This is the only way how your wealth can sustain and grow.
ii. Your Attitude
Doesn’t require a genius to explain this to you – you got to have the right and positive attitude to be wealthy. For one, it’s really hard for someone to be wealthy if he doesn’t acts abundantly or have the drive to be wealthy.
iii. The System
Perhaps, a better word to use than ’system’ is the ‘medium’. Now that you have the right mindset and attitude, you need a medium to connect you with wealth. You see, wealth IS already there, right in front of you to take. But there’s a missing gap in between you and wealth — which makes it impossible for you to reach it. The ‘medium’ is the invisible missing gap.
Pulling out the ideas from to the book I read, One Minute Millionaire, there are four powerful mediums that can make you wealthy.
- Real Estate
- Stocks
- Business
- Internet
All of them have one thing in common – they’re all using LEVERAGE.
Real Estate is leveraging on other people’s money (banks).Stocks is leveraging on the successes of other businesses.
Business is leveraging on other people’s time and effort (employees).Internet, which is my favorite leverages on many things including low cost (or zero), global reach and it’s ‘open’ 24 hours a day – even when you’re sleeping.
You’ve heard of ‘nothing down’ concept for real estate, right?
Well, that’s true to a CERTAIN EXTEND. I can share with you a real life example – I bought a million dollar property ‘nothing down’ by getting a loan from the bank. So every month, I’ll need to pay mortgage and the basis of ‘nothing down’ is to collect rental payment to pay for the mortgage. Theoretically, that’s true but in reality, I’m paying 4K a month because I couldn’t find people who want to rent it yet.
So you could be in the same shoe and lose money. Not really a ‘nothing down’ right?
We could debate all day long that this is possible and I would agree with you. You could be a real estate guru but that’s NOT THE POINT.
With internet, it’s truly a ‘nothing down’. You could get started with almost zero cost to build a business. And if you flop, well, you did not lose any money.
One more thing I want to tell you about Wealth – it’s not as hard as it used to be. In this new age, people can make money easily with these mediums. So if you think it’s hard, you really need to reconfigure your mindset again to prosper.
I would appreciate your comment if you have found any value in today’s post. I read every comment personally so at the same time, I would get to know you.
Patric Chan
SuccessTrace.com
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Wealth Incapability
July 6, 2009 by admin · 13 Comments
I really don’t know how to start this article so that it won’t offend anyone.
You see, the more I’m exploring ‘human success’, the more truth I’ve uncovered about human behavior that leads to them success or failure. Sometimes, people cannot achieve success because they think they can.
I know this sounds confusing so let me explain…
If you want to think big, make sure you can be big. I’ve seen people let go of real opportunities because they think these are too small for them - they feel that they deserve bigger opportunities. First, you have to understand the concept of ‘thinking big’ here. Thinking big does not mean that you ignore ’small’ opportunities because most of the time, big opportunities will come once you’ve proven yourself that you’re capable of handling opportunities.
When these people get obsess with their big goals, they miss several steps. For a start, you can get all excited about your big goal and expect people to help you achieve your goal – but in reality, maybe this ‘big goal’ of yours does not seems attractive to other people at all? Because of the over excitement, you’ve forgotten to ask yourself, “What can I do for you so that you can help me back?”
Simple law of success – reciprocity. If you do something for someone, it’s much easier for someone to look into your favor in the return. But hey, if you’re all into ‘thinking big’, what happen to other people’s ’small goals’?
Another problem with thinking big in a wrong way is you get your mind blocked. You don’t want to take advice because you don’t like to hear ‘negative’ feedbacks of what you should or should not do. You’ll say to yourself, “They don’t understand and it’s their lost”. Well, maybe you’re right but if 10 people say you’re wrong – don’t you think you should take some time to evaluate your thoughts again?
You can tell when you meet an over-thinking big person – you say something to him, he’ll nod his head but he doesn’t ‘get it’ and he’ll tell you again about his dream and goal and expect you to do something to help him.
Understand this simple rule of success – if you want to achieve big goals in life, you need people to help you. Big things do not happen with just your 2 hands. For that to happen, you need to understand what these people’s personal goals are. If you can’t help them, then think of what you can give back to them if they’re willing to help you. It could be as simple as paying them money or exchanging other values that you have.
One more thing – I notice that most ‘thinking big’ people do not have the money to do big things. I was once in that shoe, that’s why I know. You see, that’s the problem with all these motivational seminars and books out there. They get people all highly motivated that they can do it but in reality, it’s not happening.
Am I saying that you can’t do big things with no money?
Absolutely not.
But my message is this – wouldn’t it makes more sense to take advantage of small opportunities to make money first so that it can fund your big goal? Unfortunately, most people don’t think that way.
And finally, you don’t know what you don’t know.
Talk to more people, open up your mind. Trust me, you’ll see things much different then.
I’m writing this is not to rant but with the intention that YOU GET IT and be more aware of what’s going on around you.
Patric Chan
SuccessTrace.com
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