Tag Archives: money

Business Tips – A T T A C K

Its been few weeks since AbangAbu never had chance to introduce new acronym. So this week i would like to share a powerful business tip that many want to read. Since this is the time that recovery process is begin to show up. It is sad that many business have to close shop during the global economy crisis.

What is sad that many who met with the disaster dont know how to get back into the game again. This was the case for AbangAbu who lost in an investment venture that been so bad. It took some time for AbangAbu to figure out on getting back on track, from preparing mindset and begin the recovery process that i would like to share with you.

So , The only way to get back into track after failure or disaster in business is to get up and A T T A C K.

Here you go in order to recover from setbacks and failures.
Continue reading Business Tips – A T T A C K

Saturday Sling

Time is running and it is approaching the end of the year 2009. It has been a blessing year as usual. Many things that AbangAbu experience this year. This is the time for us to reflect again all that had happen and how we have move so far this year.

AbangAbu had most challenging year this year and it has been the most rewarding year too.

Continue reading Saturday Sling

PROJECT $$-7 ($ehari $ejam) AbangAbu

Project $$ ini adalah untuk anda mengunakan satu jam dalam sehari untuk menjadikan kewangan anda lebih sihat dan sempurna. $ehari $ejam adalah inisiatif AbangAbu dalam menjadikan masyarakat Melayu menjadi lebih vibrant dalam dunia kewangan.
Semua yang mengikuti Project $$ merasakan kesan yang positif dalam keadaan kewangan mereka. Setiap yang paling baik tidak semestinya berbayar.. Teruskan dan kongsikan juga dengan teman teman dan kenalan anda supaya sama sama mendapat manfaat.

Hari ini dalam $ehari $ejam AbangAbu ingin mengambil kesempatan hari Ahad( hari keluarga bagi ramai ) untuk memberikan satu kaedah yang boleh menjimatkan wang. Selalunya hari Ahad adalah dimana sesebuah keluarga akan keluar bersama sama dan menghabiskan masa bersuka ria dan menjalinkan hubungan keluarga supaya lebih kukuh lagi. Bagaimana pun selalunya bersama sama masa duit juga akan sama sama habis!!!!!!

Continue reading PROJECT $$-7 ($ehari $ejam) AbangAbu

Return of STOCK TRADING Workshop

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Many of my readers know that AbangAbu have involved in stock trading since the age of 19. And also there was an article about my trading success in an interview where AbangAbu made $3000 to grow to $100,000 in 6 months during the 1991 period.

AbangAbu understand that many of you also wants to  take the opportunity  during this recovery period of the global economy.

As requested by many of my contacts as well readers who had emailed me requesting to run stock and share trading workshops. AbangAbu was too busy to conduct new workshops , however the helping heart in me really want to impart this knowledge to others.

AbangAbu was so lucky to find this person , a young person who is really good and passionate of what he is doing. He reminds me of my ownself when i was doing active tradings those days.
Continue reading Return of STOCK TRADING Workshop

Biz Tip : H I T

Hi Everyone, How have you been? I believe all of you are in great health . It been great for AbangAbu. Just that my son Muhammad Ashaz was put in isolation in NUH for 2 days hehehehe. My son age 16 months . AbangAbu stayed with him there now he is back. And you know what , 2 nurse join my Simpan Challenge

AbangAbu planned to launch a saving challenge campaign in September to cultivate the habit of saving within the community . Do support by joining and sharing the news withh whoever you know. I NEED your support. Click SIMPAN Challenge

Today , AbangAbu want to give a tip that will be very useful to make your business a HIT in your industry or area. Everyone would like to build a business that will be a hit. This tip is a very simple one and is important in building a long lasting business.

So AbangAbu believe in order to make your business a HIT ,you must have this HIT in you and business.

So here we go.

H = Honesty

AbangAbu realise than this is a very important element in making your business really hit. Honesty in provinding every single promise that you make to your clients or customers . By being honest to whatever things and being honest with everyone does really help you. AbangAbu had expiriences in this many times. And being honest will make people help you and also give you chances.

This will indirectly make yourself and your business a HIT with all of your customers and client. So choose to be honest in any situation that you might come accros. And also AbangAbu also had many times allows etended time for certain people just because of the honesty that they have.

I = Intergrity

The difference between honesty and intregirty in AbangAbu’s eyes is that honesty is more for others to see and intergrity is for oneself. In Business intergrity is a key element for long term success. Be true to you values and never do something that against your value even when you are in a difficult situations.

Don’t sell a product or service that you know that will never benefit the customers. I have many time come accross people that i coach and my clients that been given something that never benefit them in Insurance and othe investment products. I believe this type of people will lose their clients and future business.

So, keep in mind to have intergrity in whatever you do. A key to A HIT business.

T – Trust

Trust is so important to be build between the customers and the business, the employer and the employee, the boss and the staff , the supplier and the business.

By building a solid trust among these key links in the business. It will destined to become a HIT . Building trust is a journey and a skill. Being a friend , understand your customer and staffs and creating a powerful network will make your business a business that can be trusted.

Having people to talk about you to others is also showing about the important of building trust. This can bring you and your business very far. When people have that trust than as the owner you now carry a bigger responsibilities.

Having mentors and supporters that have trust in you is a key in making your business a HIT. AbangAbu have a few freinds and mentors that have 100% trust in me. When you know that they are people who trust you no matter what happen , will make you really work and strive to achive success.

The most important person that have the most trust in me is my wife. WIthout her trust in the time i were struggling , i wont be enjoying what i am enjoying now.

Trust from your family is critical for your long term success. Build it and dont do stupid things that can crash that trust .

AbangAbu wish all of you to have a HIT business that will grow. glow and globalize.

Last thing to do
1. Leave a comment on this post describing your name and also encourage others to join)
2. Want to attend some workshop on starting your own biz –MAP untuk KAYA

3. DONATE  click this post – I AM RICH BY GIVING

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Mentor Niaga: AbangAbu & Sujimy

MAP untuk KAYA happening on 22nd July 2009 in Singapore (REGISTER NOW- FREE)

AbangAbu really happy to let everyone know that a classic audio CD is in the making. A 10 CD business start up kit will be out soon in the market to help many of those entrepreneurs out there who need mentors and ideas and plans and many more key things that one should know when be in Business.

AbangAbu and Sujimy wished if there were something like that when we start our own as it will save us many years of our time in reaching success in business.

CLICK BELOW NOW

Last thing to do
1. Leave a comment on this post describing your name and also encourage others to join)
2. Want to attend some workshop on starting your own biz –MAP untuk KAYA

3. DONATE  click this post – I AM RICH BY GIVING

check out my MAP2BRICH eCoaching — 2 long, tactical tip per week. Save money or get a 100% refund.

Wednesday Wealth: 5 Get-Rich-Quick Scams To Avoid – Part iii

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3. The Old-Fashioned Chain Letter: The First Outlawed Scheme
Chain letters don’t grace our mailboxes like they used to. Back in the day, a chain letter – either promising financial or relational gain – was almost guaranteed half a dozen times a year. But today, snail mail chain letters have neared extinction, thanks to the Internet and its electronic counterparts. Another factor also helps in today’s reduction of letters received – it is now illegal to mail such paraphernalia.

You may receive a promise return of an impressive sum of money in exchange for mailing cash or personal checks to an equally horrific number of recipients. Oftentimes, these letters have been distributed to literally thousands of names, meaning while the first person on the list may be doing quite nicely for themselves, you more than likely will never see a cent of profit.

If you are looking for ways to discern authentic chain letters from deceptive ones, this is simple – they are ALL deceptive. Due to their illegality, you will be hard pressed to find one; however, if one gets caught up in your pile of bills and personal correspondence, throw it away and do not give it a second thought.

Whats your opinion? Do comment

Wednesday Wealth: 5 Get-Rich-Quick Scams To Avoid

MAP untuk KAYA  1st session worth $49.00 now FREE on the 19th March 2009 , Thursday  7.30pm to 9.30pm

This week AbangAbu want to share something important to know during recession period. As many are getting retrenchment benefit and may want to invest or find ways to invest.

As a guide AbangAbu want to share somethings that i believe good to avoid from investing in. And i always believe in getting the knowledge before investing. I recommend MAP2BRICH e coaching is something that you might want to get as one year online coaching on money.

So what are the those . read this article

With the Internet becoming our most universal media, the abundance of get-rich-quick schemes tends to increase every day. We live in such a wealth-driven society, it is no wonder people are drawn into the promises of the get-rich-quick idea. A good rule of thumb is to remember that if something seems too good to be true, it more than likely is. Staying practical and level-headed while trying to find ways to supplement your income will help you stay protected against Internet frauds and fake seminars promising instant fortune. Below is a list of the five most common get-rich-quick scams to reference when you aren’t sure if you should trust what you are reading online.

1. Pyramid Schemes: The Original Get-Rich-Quick Idea
While it may be a stretch to say it’s truly the “original,” it does seem as if pyramid schemes have been around forever. Making its debut in the form of a chain letter, a pyramid scheme is when a person partakes in a selling model with no guarantee of compensation. More commonly, people are “guaranteed” a certain amount of income when they spread the scheme’s idea to others. Tell ten friends and receive a bonus. Mail in a one-time fee to a dot com’s address, and watch the profits flow in. Do statements such as these sound familiar? Many of us have repeatedly seen them on Internet banner ads and pop-ups. While most know to ignore such advertisements, unfortunately many do fall prey to pyramid schemes each year.

Stay-at-home moms tend to be the largest demographic buying into pyramid schemes, as they love the idea of being able to help beef up the family income while working from home. The idea of being paid only by an earned “commission” does not often cross the mind of a mom as a scam, as she is distracted by dozens of other things and many of these sites include “testimonials” of other homemakers who are now apparently living in a beach house in Bermuda with their earnings.

A derivative of pyramid schemes known as multilevel marketing is another one targeted at home-based women. While reputable companies such as Avon and Party Lite can be a lucrative side business, the false hopes come in the form of a commission promise when workers convince friends and associates to join and start their own endeavor as well.

Protect yourself from get-rich-quick schemes such as these by only accepting work from home jobs that guarantee a base income. If they only want to pay you off of ad revenue or commission, follow your intuition. Many people know in their hearts when an organization is illegitimate; however, the concept of get-rich-quick money is tempting for anyone.

Wait for the 2nd one tomorrow.

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This week Entrepreneurs:Malay Arts Galery

MAP untuk KAYA session FREE on the 14th March 2009 , saturday . 2.30pm to 4.30pm REGISTER NOW

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How are you ? Brothers and sisters. Even Abangabu is really busy thanks to the two students who manage to do this weekly segment for abangabu.com.

So this week we have something to do with arts. So , come lets learn something form this entrepreneur.

Here the interview

Name of Shop: Malay Arts Gallery

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

We are selling Malay traditional handcraft and musical instrument. I would love to keep the heritage and not let it be forgotten.

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

Yes of course we need to have a focus mindset. To be successful in something,we also need to have a lot of patience.

Have you notice a certain advantages to being an entrepreneur?
It is more on the time working hours where it is more flexible.

Is it difficult to get financing for businesses? If so, why and are there any solutions?
Of course but if we know how to maintain and look after our finances properly,it’ll be no problem.

Did you have a mentor to help you get started?
Yes,he is my husband. My family helped out in this business too.

Approximately how much money did you invest before your business became profitable?
It is a lot because our items are mostly antiques and handcrafts so it do take a lot of money to purchase them.

What resources were most helpful to you when you were starting your business?
I get all my items throughout Indonesia,including Riau,Sumatra,Surabaya,Jawa,Bandung and etc.We travel there ourselves to ensure good quality.

What ways have you found to be most effective in marketing your product or service to get sales?
We do not charge for our delivery service as we think that our items are reasonable to counter for the delivery charge. We have websites and blogs so that it is easier for people to know where we are.

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 have to be brave and always focus in what we do. Do not always give up easily.

How do you manage juggling the responsibilities of being an entrepreneur?
It looks easy but actually its not. We have to make sure that all the things are available,taking orders must be efficient. And if things don’t have,we have to quickly find it. We also do delivery and it must be done well so that the things are not spoilt when reach the customer.

What’s next for you?
For now,not yet because it will be very hard if we think on the long run. If we were to have not just one outlet,we need top buy more stuffs and therefore we have to travel a lot. This takes up a lot of money and time.

Thats great!!!!!! so so much to learn yah….. Anyone have any suggestion do comment in the comment box. Enjoy the entrepreneurial journey ….

Biz Tips: W I S D O M

Recently AbangAbu sat down at think about entrepreneurs who been very successful, leaders who are great, and people who becomes legend. Why? Because i want to become one of those who left behind a legacy.

Those people never fear of any challenges that come to face them. They just move on and face everything till they get to the place they want to be.

Than i found out something. These people have WISDOM. They can see through tough times and achieve success in their life and made an impact on lives of others too. Positive impact i mean..

Currently the economy tsunami is hitting the whole world , and this is the moment people who had WISDOM will survive and become legends and legacy. And you entrepreneurs out there, you need to have WISDOM too. This week AbangAbu would love to  share about it . And let all of us have WISDOM ……..

So , this week WISDOM……

W- Will –

During this economic Tsunami ,Willingness to succeed. Williness to stay on , no matter whats happen in order to achieve the dream and vision. Willingness to put all effort . This is like a friend told me willingness to put blood, sweat, tears in the journey to achieve greatness. This is what all those legends have in common.

I- Implement

Implement new measures of cutting down cost of your business, Implement new startergy of geting new business , Draw up a new plan according to the current situation and resources available. The secret is staying relevent. DO implement. Many people have great plans and stratergy but failed to implement it. So Implement all the new measures that you have taken on.

S-Set target

Set target and internalize those target. Making it a must in making it happen.Target thats is challenging enough and at the same time something achiveable and realistic. It is always been great to use the SMART method when setting goals. Specific-Measurable-Atainanble-Realistic-Timeline.

D- Dedication

This element is very critical. Dedication towards the target that been set. Dedication toward the task that been asked to be perform. Dedication towards the responsibility that one has taken. Responsible to be dedicated.AbangAbu had many times failed to do this and keep on improving on it and than see results happening.

O- On the GO

No matter what people says, what is happening arounds us that is not our responsibility just dont let yourself stop from doing what you been doing correctly. The is no right way or wrong way but correct way, so choose the correct path and keep moving. Always ON the GO.

M- Maintain Positive Attitude

To do the above, you must maitain every moment maintain positive attitude. Mix with positive people, get on the habit of reading inspiring books that will make you stay positive .

AbangAbu believe with all these will make you to have the wisdom that one need to survive the current wave of economic tsunami. Get on the ship of the legends by having WISDOM

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