WEEKLY CASH CHALLENGE: This week $200

Hi all, AbangAbu had heavy fever starting sunday evening. So this week Weekly abangabu.com’s cash challenge meet a bit late .

Good news is that the cash prize for this week is $200 . So dont miss this opportunity.

Previous winners list.

4 Steps to be winner in weekly cash challenge:

1) download free e book ABU success Method from www.abangabu.com

2) Write your answers for the week in the comment box.

3) Subscribe to the MAP2BRICH ecoaching as questions will be also might come from here. Those who subscribed stand better chance.(optional)

4)Visit abangabu.com daily as the tips and hints for the challenge might be there .

Note: Those who have not download the ebook are not eligible to win the cash, The system will only recognizes the emails that already download the ebook list.

THIS WEEK CHALLENGE:

1) What is the name of the money management system that AbangAbu recommend to use?

2) What is the acronym DANCE stands for?


So dont wait any longer participate and get the cash ……..

All the best and good luck

This week challenge sponsored by TheBOSS

Co- Sponsored  MAP2BRICH

*If you like to sponsor the cash do contact abangabu@nowasia.sg

Announcement

Hi brothers and sisters,

I could not update the monday money as i been down with heavy fever… today just got some strength to come down a while to office….

Hope , tommorow will be back and will present the monday money segment … remember this week the prize is cash $200 dollars…….

Heavy fever what the best medicine?

Sunday News : Updates

hi , dear brothers and sisters,

Been few days since i last update my blog. Things been very very busy and great for AbangAbu.

Had many Program Bijak Belanja at AMP , Masjid An Nur, MAEC Admiralty, Talk at Ang Mo Kio primary school.

It has been wonderful sessions and i believe all sisters and brothers who atrtended had gain so much of powerful knopwledge about finance.

This coming week will be great as well insya allah.

The Weekly Cash Challenge for this week have no one win and the challenge will going to be in the 4 week without winner. This mean the cash prize will be $200 dollars.

I am also happy and grateful to annouce the sponsor for the Weekly Cash challenge for the month of MAY will be Makmur Restaurant.

This week 1st question will reamin the same . the second question will be related to Restaurant Makmur. so those who wanna win gi makan kat sana……. thats a hint for the next challenge

AbangAbu wish all of you all the best and yes get the cash….. check out all the pass winners . it is real cash.

WEEKLY CASH CHALLENGE @ $150 cash waiting for you

Weekly abangabu.com’s cash challenge meet all of you again this week. This week’s challenge offers $150. There were no winners for the past two weeks.

Previous winners list.

4 Steps to be winner in weekly cash challenge:

1) download free e book ABU success Method from www.abangabu.com

2) Write your answers for the week in the comment box.

3) Subscribe to the MAP2BRICH ecoaching as questions will be also might come from here. Those who subscribed stand better chance.

4)Visit abangabu.com daily as the tips and hints for the challenge might be there .

Note: Those who have not download the ebook are not eligible to win the cash, The system will only recognizes the emails that already download the ebook list.

THIS WEEK CHALLENGE:

1) What is the name of the money management system that AbangAbu recommend to use?

2) What is the acronym GETRICH stands for?

3) What the best tips you like form abangabu.com

So dont wait any longer participate and get the cash ……..

All the best and good luck

This week challenge sponsored by TheBOSS

Co- Sponsored  MAP2BRICH

*If you like to sponsor the cash do contact abangabu@nowasia.sg

MONDAY MONEY: Weekly Cash Challenge @ $150

Weekly abangabu.com’s cash challenge meet all of you again this week. This week’s challenge offers $150. There were no winners for the past two weeks.

Previous winners list.

5 Steps to be winner in weekly cash challenge:

1) download free e book ABU success Method from www.abangabu.com

2) Write your answers for the week in the comment box.

3) Get Kompas Wang workbook as questions might also be from the book.Those who already have it will stand better chance to win.

4) Subscribe to the MAP2BRICH ecoaching as questions will be also might come from here. Those who subscribed stand better chance.

5)Visit abangabu.com daily as the tips and hints for the challenge might be there .

Note: Those who have not download the ebook are not eligible to win the cash, The system will only recognizes the emails that already download the ebook list.

THIS WEEK CHALLENGE:

1) What is the name of the money management system that AbangAbu recommend to use?

2) What is the acronym GETRICH stands for?

3) What the best tips you like form abangabu.com

So dont wait any longer participate and get the cash ……..

All the best and good luck

This week challenge sponsored by TheBOSS

Co- Sponsored  MAP2BRICH

*If you like to sponsor the cash do contact abangabu@nowasia.sg

Friday Fact: This Week Entrepreneur

WEEKLY CASH CHALLENGE @$100…Why Wait GRAB it

MAP untuk KAYA workshop free session…

Again, This week job of interview done by Nadrah and Syirah … thanks for them..

here is the interview for this week and enjoy reading and learning…

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Name of Shop:Vintage

  1. What kind of business do you have? What inspire you to become an entrepreneur?

My stall sells clothes clothes,skirts,tops, that are in-trend right now with teenagers. There is

also Muslimah clothes available. I wanted to try and venture in this business in selling and hoping that it will one day be successful.

  1. Did you need to have a certain mindset to achieve success?

I am still unsure because I am currently trying out this business line.

  1. Have you notice a certain advantages to being an entrepreneur?

Not yet because I am still new.

  1. Is it difficult to get financing for businesses? If so, why and are there any solutions?

Yes. We need to think thoroughly first about the cost of rental.

  1. Did you have a mentor to help you get started?

Yes,only my husband who give me a lot of support and guidance.

  1. Approximately how much money did you invest before your business became profitable?

Hmm. Approximately around $10000 – $ 15000.

  1. What resources were most helpful to you when you were starting your business?

It is all my own items that is still wearable.

  1. What ways have you found to be most effective in marketing your product or service to get sales?

Usually,i will tell my friends and from there the cycle goes on. Maybe one day I would like to published my stall in the newspaper.

  1. What tips can you give others who want to embrace their dream but, don’t have the confidence or feel they don’t have what it takes to succeed?

We need to give it a try so we know what it will bring even though we are new to it. Take things slow and easy and do not rush. Even though the economy is not that good,we still need to be brave to penetrate the market.

  1. How do you manage juggling the responsibilities of being an entrepreneur?

As for me there are a lot of responsibilities being an entrepreneur. I must make sure that all the clothes must be sold. I still have to attract customers’ attention. And if possible,try to lower the cost of the items here.

  1. What’s next for you?

Never thought of that yet.

Tuesday BizTips: RAMP

WEEKLY CASH CHALLENGE @$100…Why Wait GRAB it

MAP untuk KAYA workshop free session…

Great to write again today on tuesday tips. I believe all of you are having great time and enjoying every moment of it. GREAT is the only way for us to grow successful. So Get Really Excited About Today………

Ideas, ideas, ideas,  a lot of it coming up every moment. Look at something suddenly an idea pops up. read something again ideas pops up. I believe this is also the case of many of you too. However , are every ideas can make money?  I believe it is not. We have to RAMP all ideas to get the right one. This is a technique that i been using since i learned about it.

AbangAbu is a creator by financial test and ideas seems always be up there in my mind. Thus , today i want to share how to RAMP our ideas and find the real money making ideas. Are you ready to RAMP?

Lets …. R…A….M….P.

R= RETURN

This is the first thing that you should ask when analyzing an idea. Discuss about the exit strategy before even you begin. This is also happen to be AbangAbu’s rule in investing.

Ask if it is profitable?Will the revenues be higher than your expenses? What is the Investment needed? How much start up money?

The first step is analyze everything about return on Investment.

A= ADVANTAGES

What are the advantages that your idea have? Barries to entry like competitors, regulations, ect .if there are many barriers to entry, it will be difficult to enter the market.

Do you have a proprietary advantages such as patents or exclusive licenses on what you will be selling? What are the distribution channels? Is it thru internet, sales people, retails? Can you develop a unique distribution channel.

M = MARKET

Who are you selling to? You must know the target market that you want to sell to? Analyze them , where they are? what they love doing? what they are earning?

All the above questions will help you in the pricing, what will you price your product or service? Mark up? Pricing is a very important in a business survival just slightly below marketing on the importance.

P = POTENTIAL

Today , business is about team . It is a team sport. If you want to grow big you have to team up or build your own team. Find a team that is right for the business not just because they are your friends.

Do you have knowledge in what you want to do? Is the timing right to launch it? Is the market ready to accept the idea? Does the ideas fit the goal that you have?

With RAMP method and questions you can RAMP your ideas into a viable business.

For those of you really serious about making your business succeed during this period never miss this WORKSHOP in KL…. Bisnes Berapi

See you again tommorow in wed wealth.

Monday Money: Weekly Cash Challenge $100

Monday Money from AbangAbu.

Hi all, make mondays as a day to look forward as www.abangabu.com will be giving cash on mondays to you… the winners on weekly cash challenge.

It’s look like that the cash prize in going to $100 again as no winner for last week. AbangAbu want to see winners this week. So hopefully all will be participate …..  click on the link below now.

Weekly Cash Challenge: GRAB $50 weekly.

This week sponsors are MAP2BRICH and  THE BOSS and  KOMPASWANG

This challenge is supported by  All About Youth

PS: Program MAP untuk KAYA 1 day workshop is on 9th MAY 2009. Saturday 10am to 6pm.

Do attend the free session on wednesdays at 25 peck Seah Street , #07-09 beside tg pagar MRT

Register here

Friday Facts: This Week Entreprenuer

Weekly Cash Challenge: GRAB $50 weekly.

AbangAbu love to inform you that more entrepreneurs had been interviewed and will be publish on regularly basis . This is because of the help from two Poly students that been doing the interviews for AbangAbu.com.

Nadrah and Shira. Thank you.

So again this week . I am presenting this week entrepreneur

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Name of Shop: Is Cahaya

  1. What kind of business do you have? What inspire you to become an entrepreneur?

I’m selling malay clothes,accessories and head scarfs. I wanted to try in this business line so as to earn extra income.

  1. Did you need to have a certain mindset to achieve success?

Yes. Of course we need to have a certain mindset to achieve success. It depends on individual mindsets on business.

  1. Have you notice a certain advantages to being an entrepreneur?

Yes,there is,but there’s not a lot of advantages. Because to me, being an entrepreneur, means I am the boss and at the same time I am the worker. Therefore, I have to find all the products myself.

  1. Is it difficult to get financing for businesses? If so, why and are there any solutions?

Yes,i have in terms of replacing the money that we invest on our products with the purchase of customers.

  1. Did you have a mentor to help you get started?

Not really a mentor but my own daughter is helping me to get all the clothes. We get our products from Singapore and Kuala Lumpur. There is also my friend from India who supplies me with the head scarfs.

  1. Approximately how much money did you invest before your business became profitable?

Quite a lot but since my shop is small, I don’t really require a lot of money to invest in this business.

  1. What resources were most helpful to you when you were starting your business?

My friend from India as I stated earlier to supply me the head scarfs.

  1. What ways have you found to be most effective in marketing your product or service to get sales?

We published our shop in the newspaper and through the internet. Apart from that, our regular customers’ word of mouth will lead to an increase in our daily sales.

  1. What tips can you give others who want to embrace their dream but, don’t have the confidence or feel they don’t have what it takes to succeed?

Firstly, do not be afraid to give it a try. If you never try, you’ll never know the outcome.

  1. How do you manage juggling the responsibilities of being an entrepreneur?

I have to be more focus in terms of my daily sales profit, and think of different ways to increase my sales.

  1. What’s next for you?

If God’s willing, I would like to expand my business maybe outside of Singapore.