Tuesday, December 31, 2013
SG Social Media Guru: Can you actually make money online? A true story of a Singapore serial entrepreneur ...
Can you actually make money online? Since my early retirement from the Singapore Armed Forces in 2011, I have been working as a social media consultant where my primary role has been to help small businesses use social media platforms to position as well as publicize their product and services. Even as I work in the social media space, I have remained skeptical about people's claims of making money on the internet. I believed that all these were just Ponzi or MLM schemes where the founders made money from the people dumb enough to buy their hype. Being a businessman, I believed, and still believe, that money can only be made when true value is exchanged i.e. people only pay when you give them something they value.
All this changed recently when a close friend challenged me. He said, "Justin you tell people that you are a social marketing consultant and that you can help them make money using social media platforms. Have you actually made any money yourself? Or is all your work and frameworks theoretical?" I was stunned. He was right. I talked the talked, but did not walk the talk. Angry but humbled, I set myself the challenge to prove that I could use my knowledge, experience and frameworks to make money online.
To make the challenge meaningful (and to show that anyone can do it), I set myself the constraint that I would not be allowed to use any money to build the online business - apart from the cost of an internet connection of course. Thus, if I could actually earn any money, it will be because of the skills, knowledge and frameworks which I have developed.
The outcome of that challenge was the creation of 2 blogs - SG Wedding Guru and SG Tutors. Today, I am proud to announce that I have succeeded! Using just my knowledge and my social marketing frameworks, I have monetized both blogs.
Having reached "initial maturity", I started phase 3 (monetization) 2 weeks ago. Since then, in the past one week alone, I have earn a combined income of $416 from SG Wedding Guru and SG Tutors. Nothing phenomenal you might say, but if you consider that the money was earned without spending a single cent on my part, I think it is. Also, it is just my 1st week's earnings and I am confident that these earning, while meager now, will grow as the value of the blogs grow and they enter the maturity phase. My assessment is that I will be able to able to comfortably earn around $5,000 a month working just 1 or 2 hours a day on these 2 blogs.
I can therefore now conclusively tell you that yes, it is possible to make money online with zero dollars - if you know how.
Now that I have proven that my knowledge and framework works, I believe even more strongly that I can help Singapore small businesses succeed. If you are a small business in Singapore striving for that break-through, I can help. Additionally, if you are an individual who wants to be financially independent, I can also coach you to succeed. Following the steps that I have taken, I will help you identify, build and monetize your own online business so that you can make money online.
We guarantee that you will earn a minimum of SGD5 per day everyday!
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