07th Jun 2009
From Zero to Hero – Introduction
If you have read any of the blogs I created at enlightenedindividual.com you know the intention of the site is to develop myself to become a better person through improving my health situation, social skills, self development and monetary situation.
As you might know; I have started exercising running 5k, and next is starting to earn money from home, using internet.
While I have written a bit on FOREX, and saving money, I have decided to give myself a challenge; within a year I want to create a nice additional income from online within 12-18 months.
It will be an interesting experiment, and I hope I will succeed.
I will write articles on what I will be doing and my progress during the experiment on the money development sides, but will also post some information on free lancing, publishing etc for other opportunities to earn money from home. And if I find interesting I mind try some freelancing as well, but it will not be part of this challenge.
The experiment is similar to Chris Ferguson’s poker experiment, if you haven’t heard about it; you should Google for “Chris Ferguson Challenge”. The point of his experiment was to start with 0 dollars, playing free rolls (free tournaments to win a few dollars), till he had enough to keep grinding till he came to us$ 10 000. He succeeded within 15 months I think.
Anyway; I do not encourage gambling, and do not want to earn to living by gambling. Call me stupid or something, I don’t care. I know many people have gambling problems, and I do not want to earn money from something where I am encouraging other to play and lose/win money. What I did like about the Chris Ferguson Challenge was two things: He created 3 rules he played by all the time and he succeeded because he is professional and determined.
And just for the fun of it tried playing free rolls for month to see if I could read books and learn the game enough to win some money; and within that month I won us$ 13. (It took Chris Ferguson 7 months to earn us$ 6.50). I believe I earned quickly because I played a crazy kind of poker when I started, and later got more like a rock, before I again played some crazy. And of course I was really lucky. I never played any of that money as I couldn’t find it morally right to earn money this way, and of course it was really time consuming, and needed a good deal of luck.
Anyway; my challenge will be dealing with websites and online marketing, and most likely product creation. My goal will be to earn us$ 10 000 as Ferguson, and have sustainable websites generating money for me each month after the challenge is close (12-18 months – I haven’t decided exactly which of the is most realistic as I haven’t planned everything in detail yet)
I will try starting the challenge 1. July 2009 as some of my university papers are finished by that time and here is what I hope to be able to do:
Step 1) create 5-10 blogs, and market them.
I assume, before really investigated it; It will take at least three months to market and have them ready for advertising. Within the next month or two I hope to create enough to buy hosting for 3-5 more sites.
Step 2) Create 3-5 websites with affiliate programs or self created product.
These sites will of course be hosted by a cheap hosting company and have unique names. When creating those three pages I hope to be able to use knowledge I acquire from the 30 days challenge 2009 with Ed Dale. Yes, I will take part of the 30DC 2009 to educate myself, and share my experience on this site.
There will be a third step as well, but I will keep it as a secret till I have researched more upon the possibilities, but in theory the first two steps should be enough to reach my goal, but there might be a step 3 which will include more about creating a online business with outsourcing of some of the work. I will of course inform you about outsourcing for better creating of site and product if I earn enough to do outsourcing.
Anyway: The title of this project will be Kentaki’s From Hero to Zero challenge.
If you want you can do the same as me; I will write a bit more on plans I have for market analysis, niche research, marketing etc when we get closer to July.
I would love for other to work with me. Let me correct it; for others to do the same as me; and let us exchange ideas and knowledge to help each other.
I would also like a partner or someone to cooperate with in the Ed Dale’s 2009 challenge, so please email me at kentaki@enlightenedindividual.com, or leave a comment in the comment field if you want to join me.
At least I do not want to work from salary to salary for someone else; I want use some of my time to start creating something that is mine, and work to create something earning me money while I spend time on stuff I enjoy, and people I care about.
As a last note: this project is not meant to be quick way earning money: It is meant as a long term project creating sustainable revenue, helping me create more opportunities, and more projects. I hope to succeed and get out of the rat race where I work for other people, and other companies.
-Kentaki-
If you have read any of the blogs I created at enlightenedindividual.com you know the intention of the site is to develop myself to become a better person through improving my health situation, social skills, self development and monetary situation.
As you might know; I have started exercising running 5k, and next is starting to earn money from home, using internet.
While I have written a bit on FOREX, and saving money, I have decided to give myself a challenge; within a year I want to create a nice additional income from online within 12-18 months.
It will be an interesting experiment, and I hope I will succeed.
I will write articles on what I will be doing and my progress during the experiment on the money development sides, but will also post some information on free lancing, publishing etc for other opportunities to earn money from home. And if I find interesting I mind try some freelancing as well, but it will not be part of this challenge.
The experiment is similar to Chris Ferguson’s poker experiment, if you haven’t heard about it; you should Google for “Chris Ferguson Challenge”. The point of his experiment was to start with 0 dollars, playing free rolls (free tournaments to win a few dollars), till he had enough to keep grinding till he came to us$ 10 000. He succeeded within 15 months I think.
Anyway; I do not encourage gambling, and do not want to earn to living by gambling. Call me stupid or something, I don’t care. I know many people have gambling problems, and I do not want to earn money from something where I am encouraging other to play and lose/win money. What I did like about the Chris Ferguson Challenge was two things: He created 3 rules he played by all the time and he succeeded because he is professional and determined.
And just for the fun of it tried playing free rolls for month to see if I could read books and learn the game enough to win some money; and within that month I won us$ 13. (It took Chris Ferguson 7 months to earn us$ 6.50). I believe I earned quickly because I played a crazy kind of poker when I started, and later got more like a rock, before I again played some crazy. And of course I was really lucky. I never played any of that money as I couldn’t find it morally right to earn money this way, and of course it was really time consuming, and needed a good deal of luck.
Anyway; my challenge will be dealing with websites and online marketing, and most likely product creation. My goal will be to earn us$ 10 000 as Ferguson, and have sustainable websites generating money for me each month after the challenge is close (12-18 months – I haven’t decided exactly which of the is most realistic as I haven’t planned everything in detail yet)
I will try starting the challenge 1. July 2009 as some of my university papers are finished by that time and here is what I hope to be able to do:
Step 1) create 5-10 blogs, and market them.
I assume, before really investigated it; It will take at least three months to market and have them ready for advertising. Within the next month or two I hope to create enough to buy hosting for 3-5 more sites.
Step 2) Create 3-5 websites with affiliate programs or self created product.
These sites will of course be hosted by a cheap hosting company and have unique names. When creating those three pages I hope to be able to use knowledge I acquire from the 30 days challenge 2009 with Ed Dale. Yes, I will take part of the 30DC 2009 to educate myself, and share my experience on this site.
There will be a third step as well, but I will keep it as a secret till I have researched more upon the possibilities, but in theory the first two steps should be enough to reach my goal, but there might be a step 3 which will include more about creating a online business with outsourcing of some of the work. I will of course inform you about outsourcing for better creating of site and product if I earn enough to do outsourcing.
Anyway: The title of this project will be Kentaki’s From Hero to Zero challenge.
If you want you can do the same as me; I will write a bit more on plans I have for market analysis, niche research, marketing etc when we get closer to July.
I would love for other to work with me. Let me correct it; for others to do the same as me; and let us exchange ideas and knowledge to help each other.
I would also like a partner or someone to cooperate with in the Ed Dale’s 2009 challenge, so please email me at kentaki@enlightenedindividual.com, or leave a comment in the comment field if you want to join me.
At least I do not want to work from salary to salary for someone else; I want use some of my time to start creating something that is mine, and work to create something earning me money while I spend time on stuff I enjoy, and people I care about.
As a last note: this project is not meant to be quick way earning money: It is meant as a long term project creating sustainable revenue, helping me create more opportunities, and more projects. I hope to succeed and get out of the rat race where I work for other people, and other companies.
-Kentaki-
Posted by Kentaki under 
Zero to Hero 
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