So like many others you want to start your own business.  Sometimes that can become a trap too… there is a very small book that you should read called the E-Myth by Michael E. Gerber.  It’s about how a business can quickly become a job that is very unsatisfying and how to avoid that situation.  It takes more than just this one book to build a good business but it is a start and a warning of what should be avoided.

This book is written in an easy to understand language and gives a real example of a woman going through struggles of an entrepreneur. She got stuck in that business but then with some mentorship managed to get it moving forward again. For sure one of the best books so far! I got my hands on the E-Myth Revisited.

Equating  hard work with value is very common and many people have the same association.

If it’s not hard it’s not worth anything to fix or correct.

I always feel that the work that I do is not rocket science but to a lot of people it is almost magic.

I have an affirmation that I say to myself “I achieve all worthwhile goals easily”.

 

Are you asking if planning  your whole life is normal?

I heard of a study that was done of Harvard graduates. Of all the graduates, something like 20% had a plan as to what they wanted to do with their life when they had graduated from school. Only  10% had the plan written down.

Twenty or thirty years later the 10 % that had the plan put on paper or written somewhere had 90 % of the wealth of all of the graduates…. Planning and especially writing it down  is a very good practice.

Some sources say that this study is a myth, but I believe it’s actually true. Writing something has a magical effect on the consequences. People accomplish more.

Nobody told me that when I graduated. But hey, it’s never too late to start!

Brian Tracy, for example, is a big supporter of writing down goals. He suggests to even do it every single day.

Yes, I know it`s good for me! But I just don`t find it that tasty. So I am trying to figure out ways to make broccoli taste better.

Perfect solution – Broccoli Smoothie!

I just tried the following:

 

Broccoli / Carrot / Lemon / Cranberry Smoothie

1 cup of Brocooli

1 Carrot

1 Lemon

1/2 cup fresh Cranberry

1 Apple (optional)

 

Do you have any recipes to share? I use Vitamix blender to make it.

Sometimes I wonder if chivalry is dead. My observations stem from how men treat women on public transit in Vancouver.

Just recently I was carrying a bulky box to an event. My dolly broke as soon as I got off the bus, so I had to carry the box on my own. A young man saw me struggling and right away offered to help. As he was carrying the box for me, he told me that he is from Brazil and just came to Canada 4 month ago. That right away answered my question why he offered his help right away. Vancouver boys keep their distance and rarely offer.

On another instance I had a big suitcase and I was trying to drag it off the stairs while wearing high heel stiletto shoes. Needless to say, I almost lost my balance. At that moment a Canadian man grabbed my suitcase and saved me from falling. But immediately I saw fear in his eyes and he even asked if it’s OK that he helped out, as if permission is required to do a good deed.

Hence my prediction for that sunny Brazilian guy is that for a few years of living in Vancouver he’ll encounter women who have their head full of some feminist nonsense and they will get upset at him for even thinking that they may be in need of some help. He may notice the person with a heavy bag and think to himself that maybe she doesn’t want to be helped.

A Russian man told me that one time he saw a woman with too many children and a baby stroller trying to get off the bus. One of her kids almost fell off the steps when mom was struggling with the baby carriage. That man quickly reacted and picked up the child, landing him safely on the ground. After that, instead of a thank you, he got yelled at for how he is not supposed to touch her kids.

At some point I was also in a habit of jumping up from my seat as soon as I would see an elderly person. It ended the day that one of those seniors physically pushed me back to sit down with such rage, insulted by the gesture to offer her a seat.

Well, I did get chased out of my seat this summer by quite a healthy-looking fellow who turns out just turned 65. He demanded to sit in the first row when the second row had a spare seat. Literally one step away! A gay guy sitting right next to me also in that priority seating row somehow didn’t get picked on and even started hissing at me to move faster. I had to get up, take my heavy suitcase, and move to the empty seat behind.

Karma sometimes gets those nasty people. On a non-crowded train a guy started picking up a confrontation with me because I put my purse on the seat next to me. Shortly after the ticket police came and turned out that he was riding without a proper fare. I was laughing at him as the officer escorted him out.

 

 

I’ve been a Youtube partner already for 4 years with varying experience. It’s up and down. For me personally it went downhill after Youtube started accepting just about anybody as a partner.

Do Youtube partners get paid?
Yes, we do get paid from the ads that play on the videos.

How much money do you make as a Youtube partner?
There is no set amount for how much. In Youtube contract, we are not allowed to disclose what we make. However, a woman I knew who used to be a partner told me that her average was 50 cents for every 1000 views.

Are there any alternatives to Adsense?
Yes, if you join a network, like StyleHaul, you will get paid for 1000 views. You’ll no longer have Adsense. But again, this payment information is not disclosed. Once you partner with a network they will ask for 40-30% of your monthly profit.Most networks pay on average $3-$12 per 1000 monetized views.

How often do you need to upload videos?
Things have changed, now you no longer have the pressure to upload all the time. Before they wanted videos uploaded weekly.

Is it worth it to do for the money?
Absolutely not, you got to love what you do. Money is a bonus and there is not too much of it there. Youtube takes a lot of money and a lot of hard work.

Any perks for partners?
Partners can also schedule videos.There are some addition things that used to be only for partners, but it doesn’t look like it anymore.

I was wondering when my next payment is coming, so I went to check Google AdSense and turns out they are discontinuing payments By check. My method of payment was showing as ‘none’ and I need to hook it up to my bank account now.

So Google already in 2007 announced its intention to discontinue paying AdSense publishers (bloggers, Youtube partners) by check. It applies to countries like Canada where electronic funds transfer (EFT) is available.

Google said “EFT payments are free of charge, less error prone, more efficient and the most environmentally-friendly payment method.”

 

In this video, Patrick Doyle, MBA, former investment advisor, discusses the Canadian Real Estate Bubble and describes 7 reasons it’s set for a crash. Should you think twice before buying real estate? He focuses mainly on Toronto, but that should apply to any city really.

Patrick says that Real Estate is a bad investment at the moment in Canada.  What happened 20 years ago doesn’t have an relation to what is happening today.

 

Reason #1 – The more you pay for something, the lower your subsequent returns are going to be. This is an economic fact.

Reason #2 – House prices are unsustainably high in relation to the incomes. Real estate growth is constrained by productivity and inflation.

Reason #3 – Over time, real estate can’t outstrip economic growth.

Reason #4 – Canadian debt loads are at unsustainably high levels.

Reason #5 – It’s cheaper to rent in Canada. Keep in mind that the first 14 years of mortgage payment are interest. Building equity by paying down a mortgage assumes that your house doesn’t drop in price.

Reason #6 – You can’t trust economists. Let’s say, CIBC says that owning a house in Canada is quite affordable.  They use a method called Ceteris Parabus which means that it is holding all other things constant. But nothing stays constant.

Reason #7 – The risk-reward isn’t there. Toronto will not become the next New York City.

 

 

 

I had a pleasant walk today in Vancouver on Granville street, looking at the Taiwanese festival. There was lots of exotic food, costumes, crafts, and people in general.

Flower Arrangements

 

Traditional Costumes

This reminded me of a Taiwanese friend / roommate I used to have. She lived with me during my university years in the same house.