Kendra L’s Travelling Hopefully

  Can you spot me up there?

As a Silver Member of the Internet Millionaires Club Malaysia for USD12.90 a month, we get to attend Mastermind Sessions once every 2 months. On top of that, you receive 2 Master Resell Rights ebooks and 2 tele-coaching calls, as well as private forum access every month.

The purpose of IMC is to help Malaysians that are interested to make money online, succeed. IMC is the brainchild of Mr. Gobala Krishnan, who has been a successful Internetpreneur for the past 5 years.

The venue for this Mastermind was at Armada Hotel, a great location because it is midway between Kuala Lumpur and Subang Jaya, fair to those that either stayed in the South or further to the North since it is a midpoint. Besides, there is good public transport system (LRT and Busses) that arrives directly in front of Armada Hotel.

The Mastermind started at around 2.45pm (supposed to start at 2.20pm at the latest but stretched further due to unforeseeable traffic jams) after all the registrations were handled and the first speaker was Mr. Steven Wong (owner of www.stevenwongblog.com) who is an expert on blogging for money.

Make Money Blogging

According to Steven, if we are interested to make money from blogging, we should avoid the “make money online” topic for your blog. This is because this niche is very saturated and you will not see the financial results if you do. I do agree with his point but I still believe that if you feel this is the niche you are most interested in, go ahead and do it because who knows, you can bring to the table a whole set of new ideas, strategies, models, etc. that no one has thought of and this sets you apart from other online bloggers. Besides, the Internet is changing so rapidly that there will be new way of doing things every month and if you are able to capture that wave, you can expect to do very well.

Steven then proceeded to show us a few successful money online blogs that are very unique for example: midtownlunch and icanhascheezburger

Ways to monetize your blog from Adsense, Clickbank, etc. was also covered during the presentation. This topic was most benefiting to those who are new to blogging and are interested to blog for money as it was covered comprehensively.

Steven also offered a FREE ebook which can be found here stevenwongblog.com

Building a Profitable Virtual Real Estate 

The next topic speaker was Mr. Sunny Tan (owner of tips.com.my), who just went full time on his Internet Business in January 2008 and I found his topic interesting (and new to me) because it is about making money flipping website or a much more grand sounding name which is “Building a Profitable Virtual Real Estate”. How Sunny makes money online is he creates websites after doing keyword searches for niches that people are interested in and are searching on the Internet via search engines.

He then fills these websites with excellent content (content he writes himself or outsource to freelancer) and also monetize it and once these websites generate lovely traffic and is also earning good income from the monetization methods, Sunny would sell it off to interested buyers. See an example here: mypaperquilling

Sounds easy? Not really as Sunny puts in a lot of hard work and spent 11 days straight to build one website but the good thing is after slogging for 11 days, he is finished with the work and if the website is built correctly and promoted smartly (through article marketing, pay per click program, blog commenting etc) it will generate its own traffic and after a few months perhaps attract potential buyers that wish to continue managing the profiting website and buy the website from Sunny for a lump sum.  Sunny mentioned he has sold a website for USD2,000!

So in this Mastermind, 2 sets of method to make money online has been outlined and explained and this should set some creative juices flowing among some of the participants. We were informed that we will receive audio recordings and presentations in PDF a few days after the Mastermind (which we did).

After The Presentations 

After the 2 presentations (about 1 hour in total), we all gathered around the food and drinks area to network and talked to each other about the type of internet businesses we are promoting and I think next time, I will print name cards with details of my blog and websites which will be very good for branding. (Gobala did advise us to do so but I did not as I thought I was not ready).

During the networking session, if you have additional thoughts or questions to ask the 2 topic speakers, you can and which I did. According to Sunny, he creates his websites using Dreamweaver because he find that buyers prefer an easy set up package when they purchase a ready made popular website. With Wordpress, you need plugins and frequent updates which many buyers may find it a bit of a hassle.

I did not get a chance to speak to Steven who seems really helpful and friendly (next time hopefully and Steven is holding a blog workshop sometime in March). I also only managed a short hello to Gobala whom I think did a great job for organizing this Mastermind meetup and for starting the IMC.

There were a total of 25+ pax (not sure of exact attendees number) and I made some new friends all of whom are successful and doing well in their offline work. One thing I garnered from this for sure is that no matter your age, background, work type, and skills, as long as you have the hunger to learn about making money online and a desire to feed your hunger, you can succeed. Don’t give up! Here’s to the next Mastermind – I hope to have something to show by then.

For pictures and other information, please visit IMC’s website.

This entry was posted on Wednesday, February 27th, 2008 at 10:41 am and is filed under Blogging-logy, Internet Marketing related, Never, Never Give Up. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.