How To Start An Internet Business From Anywhere. Even Malaysia!


Posts Tagged ‘entrepreneurship’

An Entrepreneurial Mindset: Brad Sugars

Tuesday, June 2nd, 2009

I’m not sure if some of you know, but I actually studied Engineering in Melbourne, Australia. One of the things I noticed about the country was that there was a very keen innovative spirit amongst the people.

I guess the ‘innovative spirit’ is contagious, because it was due to some of the businesses I saw while studying there that made me resign from my job in Malaysia and go full time into Internet Marketing, creating websites and Web Design in general…

Although America probably has the most well known entrepreneurs in the world, Australia has its fair share too. One of these entrepreneurs is a man by the name of Brad Sugars.

Brad Sugars is the founder of a World wide franchise called ActionCOACH (formerly known as Action International) when he was in his early twenties.

One of the things he did in his younger years (which some of us don’t even do now) is that he attended seminars, even if he had to pay for them just for the learning experience. I encourage people to do this, in fact there are plenty of seminars which are being offered free for you to learn from.

Brad Sugars started up Australia’s first self-serve photocopy center while he was still studying in University, from which he built up a mailing list (it’s all in the list!) and sent out a regular newsletter to his customers. These were primarily small business owners whom he targeted for his coaching services.

If you’ve read Rich Dad Poor Dad (and I did, when I was 16) you’ll be familiar with Robert Kiyosaki. Robert and Brad share somewhat similar concepts in terms of business development and concepts and perhaps the main reason for this is in 1993, Sugars teamed up with author and entrepreneur, Robert Kiyosaki to teach marketing and business development strategies to Kiyosaki’s students.

I follow the same belief that Brad follows when it comes to formal education, although a great experience:

“When you go to university or college,” Brad says “You are not being educated, you are being schooled.”

“Rather than drawing out from people in the learning process, education is about pummeling information in and hoping some of it sticks.”

Which is why when people come into the working world, they can struggle, because you have to think for yourself, you aren’t spoon fed information by your lecturers anymore.

In that case, being an Entrepreneur must seem like a nightmare huh?

Brad shares alot more of his mindset and some of the interesting stories of his business growing up at his website http://www.aboutbradsugars.com. I encourage you to pay it a visit and read about his story, more so for his mindset rather than tips on how to start a photocopy shop…

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Brad Sugars

After all, it’s your mindset that helps you succeed in business, more so than anything else.

Cheers,

-William Lee

Making Millions Online – All Just Hype?

Wednesday, April 22nd, 2009

Creating any old website online doesn’t mean you’ll become an Internet millionaire. Not everyone who tries can do it.

Although there are plenty of success stories out there, you still have to use your common sense. Those millionaires chose a need in a market segment and created something to fill it.

Their business made sense. (Except that guy who made the million pixel page)

Are there Internet millionaires out there?

Of course ther are, just think Google, E-bay, Amazon, Digg.com, Engadget and a host of other websites. That’s your proof.

With so many websites out there, is it possible to become one too?

Well of course it is, but it’s not going to be easy. You need to fill a need that your target market segment are asking for.

The Internet is a great way to sell products and services, and alot of people have made a great deal of money online this way.

Some comapnies operate completely off the Internet. Think some of those design companies that exclusively do Elance jobs. There are some very rich companies on that website!

Before e-bay there were no auction sites, before Amazon no online book selling sites. But look how successful those sites are now.

Internet millionaires start with an idea and make it into reality. They make their product/service stand out from the rest. They believe in their idea so much they risk their own money and other people’s money to bring their idea to life.

They then make their business so big that the competition doesn’t worry them at all.

Can you take that risk?

If you want to be one too, you’ll need to find a market that is largely untapped. You’ll then have to take some financial risks to get your idea out onto the Web.

If it works, you might become rich, if not, you might lose all your money.

I ask you again, can you take that risk?

Well I’m gonna try, who’s with me?

-William