How do you define “wealthy”?

June 19, 2008

A comment on my post asking for guest posters got me thinking, someone called “Rich” said to get someone who is actually wealthy.

So, how do you actually define “wealthy”? Most people would probably say having a lot money means you are rich or wealthy. I made more money when I was working a 9-5 job together with my internet income, but I was always stressed and hated my job. I often felt sick in the stomach on Sunday nights when I thought of another five days of work.

I used to mark down the days on my calendar until my next vacation. I don’t earn so much now, but I feel so free everyday. I no longer dread Mondays or any other day. I have almost been able to eliminate everything in my life that I didn’t like doing. I can live everyday just as though I am on vacation.

I have some properties, earn passive income from the internet and the work I am doing now on my internet websites, does not feel like work at all. “Do something you enjoy and you will never have to work a day in your life”.

Material possessions for me are just extra baggage. Most people would look at someone with a big house, expensive cars and toys and say that they are wealthy. They probably don’t even think about the debt the person might be carrying on those possessions. Warren Buffet has lived in the same house his whole life and seems to live a very humble life.

So for me, wealth is the freedom to live how and wherever I like. To work as little or as much as I want without it affecting my lifestyle.

How do you define being wealthy?

My China visa woes

June 15, 2008

I have been in China for a few months now and since I last posted about getting a visa to stay here for the Olympics, I still haven’t gotten it yet.

Worst still the agent has my passport and my previous visa has long expired. The Chinese government is getting very strict now as to who can stay here while the Olympics are on. People who have been here for years are having to leave the country.

The agent who is getting my visa assures me there is no problem and it will be ready soon. Problem is he has been saying the same thing for the past few weeks. Sometimes it gets me really worried as to might or could happen and other times, usually after a couple of beers I just think it will be a fun story to tell people in a few years.

It makes me feel pretty uncomfortable not having my passport, living in a communist country. It is also the longest I have stayed in the one place for quite some time. Even though I am planning to stay here for a few more months yet, I am dying to travel somewhere else.

Shoemoney quits webmasterradio

June 11, 2008

Just after I wrote about how much I enjoyed listening to Shoemoney on webmasterradio.fm he quits. I can understand though, as I am sure a lot of work goes into preparing for the show, getting guests and writing a recap every week.

I have been pretty diligent lately working out everyday and one thing that keeps me going is having interesting podcasts to listen to. If anyone knows of any good ones, please let me know.

Podcasts are great, but they seem to be overshadowed a little now by video. Video is also great, but if it is only a shot of an internet marketer speaking, I can’t really see the point.

My blog hacked

June 8, 2008

Thanks to Mid life travel and Work on a boat for email me about this site, I found that it had been hacked. The hack is very sneaky as no matter what I did I could not see the re-direct.

Do a search in Google on wordpress and anyresults.net and you will see that this is a common problem and you are still vulnerable if you are on the latest version.

There seem to be a few variations and my case seem to be the same as described here.

This is pretty scary. Spammers and hackers seem to be going out of control. I hope the owner of anyresults.net is investigated. I seem to have spent most of this week fixing script related problems because of increased security from Dreamhost, which of course is a good thing, but it is taking time away from writing content and marketing my sites.

Shoemoney and his Fighters website

June 6, 2008

The Shoemoney show on webmasterradio.fm is currently one of my favorite podcasts. Shoemoney is doing live shows regularly and just by his nature you can pick up some great tidbits of information from his interviews and him just ranting.

He has been talking a great deal about his latest project fighters.com. Shoemoney could make plenty of money now by selling ebooks or internet marketing courses, but he doesn’t. He focuses on projects that he has an interest in and goes all out doing it.

Having lived in Japan for a long time I used to be a big fan of K1 and Pride. I could really get into doing a site like fighters.com if I lived in the U.S. Shoemoney recognized the importance of getting a good domain name and he paid somewhere from $50,000-$100,000 just for the domain. The previous owner originally wanted $250,000 for it. Since he bought it, he has already been offered three times what he bought it for. If you are going all out like he is on a site, I think it is worthwhile getting a domain which is memorable, especially in an area where people might not be tech savy.

He is also doing a lot of off-line advertising like sponsoring events and doing ads on radio through Google, which again having a domain name which is easy to remember is really going to help. If you look at the site they have anything from 1000-2000 people online at anytime.

Listening to the podcasts has given me motivation for my next website. The domain I have for it, is not as good as what he has, but I think it will still work well.

I will be happy when the Olympics are over.

30 day challenge preseason starts

June 3, 2008

I did the 30 day challenge last year and the pre-season is just starting up again now. I learnt a lot about online marketing and has really helped me with my websites.

If you are an experienced marketer looking for something new or totally new to internet marketing, I strongly suggest you take part. It is a lot of fun, a good opportunity for networking and you might learn a thing or two.

The 30 day challenge (30DC) site is here: www.thirtydaychallenge.com. It is free to take the course and there is no pressure to buy any of their other information/courses.