This has been the mantra of The Wealthy Pinay since the beginning. For more than a year, I keep on telling you to dream, believe and take lots of actions.

For so many months, I consistently share blog posts and videos that hopefully will encourage and inspire you to figure out that ‘freedom’ that most people aspire.

By now, I’m expecting that there’s significant progress with your life. Either you got promoted, increased your savings or something great had happened. I won’t be surprised because I know how powerful it is to have someone cheering you on and keeping your spirit high.

In my high school yearbook, I mentioned that my dream is to be a teacher. After college, my first regular job is actually a college instructor. How amazing, right? 
But soon I realized, I don’t have a passion for teaching. It’s not what I’m called to do.

Fast forward to 15 years later, I am actually teaching again. But instead of data programming and information science, I’m teaching women on how they can be wealthy. I’m teaching about money mindset and business marketing because I realized this is what I’m good at. 

So yeah, my high school yearbook turned out to be true.

Do you know what else is true? That I wasn’t born an entrepreneur. I didn’t spend my childhood selling yema or candies in school. I’m shy to talk to people and no one will ever think that I’ll be doing what I’m doing right now.

I spent my adult life working just like what everybody is doing. This is what’s expected of us, right? Graduate from college, find a decent job, get married, have kids, send kids to college, and hope that our kids can support us when we’re old.

But after the ‘have kids’ part, I aspire for more. I want my children to have an option to start their business and not just assume the role of an employee. I wanted to have my own car, own house, and lots of savings in my bank account. I wanted my parents to experience travelling and give them a good life. I started dreaming.

Unfortunately, those dreams didn’t materialize. After more than 10 years of being an OFW, nothing happened. Sure, there might be few nice things here and there but you can’t consider that as being wealthy. 

Until in 2015.

I didn’t win the lottery. I didn’t join any networking. I didn’t become smarter or more ‘blessed’. 

The only thing that changed is I took ACTION. I wanted a lot of things to happen but I’m not actively working on achieving them. In my mind I’m thinking, “Once I’m less busy, I’ll do that.” “I’ll start saving once my income increases.” “I will start a business when I have enough money.”

Everybody wants MORE. More money, more success, more freedom. But how come when an opportunity or an idea to achieve this ‘MORE’ presented itself, we hesitate? 

I think we know what needs to be done. We know that we need to take action, we need to learn a few things, we need to have courage. WE ALL KNOW THAT.

The problem is we are overwhelmed. 
– I don’t know where to start
– Will the idea work?
– What if I fail?

Sabi nila entrepreneurs are born not made so most of the stories we hear are successful people who started doing their stuff since childhood. So parang naiisip natin, “Well, do I have it in me to run a highly profitable business? Baka delusional lang ako.“

• Lifestyle mogul Martha Stewart built her first business (catering) in her mid-thirties. She was nearly fifty before signing a deal to develop the Martha Stewart Living magazine. 
• Vera Wang did not even begin designing clothes professionally until the age of 39. Before that age, Wang was a fashion journalist. 
• Reid Hoffman founded LinkedIn at the ripe old age of 35. While Hoffman began his professional life in academia, he soon decided that entrepreneurship held up more opportunities to change the world.

I can give you more examples but you get the drift. Starting a business doesn’t need to start when you’re 20 or 30. You can do it in your 40s, 50s, heck even when you’re retired. I can imagine the wisdom of a 70-year-old and how I’ll pay attention once they share everything they’ve learned about life, their career, their business. A retired goldsmith can start a business by teaching newbie goldsmiths about the trade and tricks of the job. Can you imagine being a mentor and at the same time earning from it??

How I wish I can convince you right here and now that the life you want is within your reach. It’s so near that I can already smell it. But I know that the decision to make a change starts from you. 

You might have a best friend who keeps on making bad decisions with men and your advices are always just thrown out of the window. She said she’d learned her lesson but after a few months, she’s back with the same douche dude. I understand that you’re frustrated because you care and wants her to be truly happy but how can you do it when she’s not helping herself?

I can only tell you so much but in the end, it’s your decision. I only hope you’ll start sooner. I have mentees who now have their businesses and life has changed drastically 100x better (their words) and it’s because they took actions and followed my formula step-by-step.  

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It’s your time and you’re ready for the next step.

The post Is it possible to start your business this year? appeared first on The Wealthy Pinay.

For several years now, this is what I’m striving for.

Freedom to do the things I love.
Freedom to afford these experiences.
Freedom to do them on my own time.

I was really depressed in late 2014. I wanted to quit my job, I wanted to be a stay-at-home mom, my life became boring and I wanted change. An opportunity came to work for another company so I jumped in – maybe this is the change I needed.

After 6 months into my new job and company, I’m depressed again. Sure, work is more manageable, salary and benefits are better but how come I was still feeling depleted?
That’s when I realized that I need to create the change I’m looking for. 

I focused on my mental health and start manifesting consciously. For 3 years, I keep on asking myself, “How can I have the freedom that I want?” “What does this freedom looks like?” “How do I know if I achieve it?”

And in that 3 short years, I created a lot of things – published a book, created several businesses, 2 blogs, and The Wealthy Pinay. But can I be truthful here? 

All these things ain’t easy. I didn’t wake up one day feeling I can conquer the world and then really conquered it. It’s more like, “Yes! I can do this” to “What am I getting myself into?” 

The book didn’t just write on its own. Planning a business is exciting and fun until you start building it (and working on it). Continuously creating content for TWP is not easy when you’re a mother, a wife, and you spend 12 hours a day at your daytime job. None of it is easy.

But I love it and I want more of this life! You might be aware that this June 2019, the family and I will go back to the Philippines for good. It’s a big leap of faith. We are leaving behind a comfortable lifestyle in Dubai to start something unfamiliar. Am I scared? I don’t want to sound cocky, but no. My faith is bigger than my fear.

But is it easy to start a business?

Well, based on experience and as I have seen from hundreds of startups, planning and starting a business is easy. For sure you’ve seen it too. Friends and family start selling stuff on Facebook. Actively promoting their product and service. Your newsfeed is flooded for weeks with their updates and then gradually… pffftttt! They’re gone.

Do you know what happened? They realized that selling is difficult. That promoting it on Facebook won’t translate to sales. And the greatest realization of all – they are actually shy and introvert to ask people to buy from them.

How do I know these reasons? Because I was damn one of them.

A newbie Lyn Joy started selling and promoting stuff but realized that ‘selling’ and ‘promoting’ are things that she didn’t want to do. She likes creating and solving problems but selling, no. The result? No one noticed her except friends and family who felt pity.

Unfortunately, no matter how great your products or services are, customers won’t buy from you in a heartbeat. I learned it the hard way. Our nail salon used to have zero sales in a day. It’s disheartening when rent and salaries still need to get paid.

It took a lot of training, trial and errors, and mindset shifts before I started to see change. Nowadays, our gross sales would be more than 100k monthly. My first book almost sold out in less than 3 months. The Wealthy Pinay website attracts thousands of views every month.

Can it also happen to you? Can you build a business from scratch and earn 6 figures a month? My honest answer?

It depends. It depends on how bad you want to make it work. It depends if you want change in your life. It depends if you’re willing to work hard for it and hustle like you never hustled before.

Does it require you to be intelligent, smart, good in numbers, extrovert, rich, have a big network, etc.? My honest answer again – NO. I don’t have any of that. You know my strengths? I am dreamer, a believer, and an action-taker. That’s it.

And I’m never like this before. I don’t necessarily consider myself as risk taker rather I’m so practical and logical that I would think twice before taking any big risks. But as I said earlier, I learned to have faith in God and I trust Him more. The fact alone that an idea is seeded in my mind, it means He’s guiding me and if I won’t take action because of my fear then where’s my faith?

If you don’t know, I created a 3-part video series on how you can start a profitable business from scratch.

Part 1 talks about finding the right business idea that suits your money personality.

Part 2 is all about Selling that is not icky or yucky – this video is up now.

Part 3 answers all your questions about starting a business. What if I don’t have money? What if I fail? What if it won’t work? I don’t know anything.

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This training is free and I’m doing this because I know you want change – that the life you’ve imagined for yourself is possible. I did it, and you can, too. I’m here to help you.

The post How to sell when you’re shy and introvert? appeared first on The Wealthy Pinay.

My intention is the latter obviously and this is something I really really want to write for a long time now but I waited for a number of months just to make sure I’m pretty confident and clear on my messaging.

Majority of readers I asked answered they want to start a business but the biggest hurdle is they have no moolah to start anything. My first reaction is telling them that they don’t need a lot of money to start. I can give hundreds of examples of successful businesses that start from very minimal capital.

You might be someone offering your skills now – a piano teacher, graphic artist, virtual assistant, web designer, calligrapher, etc.
OR
You might be someone like me thinking you have no freaking talent. Because although I might be interested in a lot of things – cooking, baking, sewing, drawing, swimming – my skills don’t go beyond the basic.

However, giving them the confidence is nice and all, but I decided I want to help further. The Wealthy Pinay mantra: Dream. Believe. Take Action.Consider this as the Taking Action part.

“I don’t have any talent.”
“I’m not good with anything.”
“I don’t have any passion.”

These were my beliefs just a few years ago. When I started blogging though, I realized that I’m good at communicating my thoughts. People can easily understand my explanation and I have a way to make my stories relatable..

I remember when I was in college there was this lesson that I can’t understand to save my life. I ended up getting a mark of 3 (pasang-awa). Then, to my horror, I was assigned to teach the same topic when I was already working as a college instructor. WTF! How can I teach something that I don’t even freakin’ understand?!?!

So I researched about the topic and practiced and practiced (it was some kind of math equation/computer science thing) until finally, like a light bulb moment, I understood the concept.

When it was time to present the lesson to my class, I explained the equation the way I understood it. And you know what happened? When it was time to check my students’ knowledge on the topic, 100% perfected their exams! That’s not best part yet. Because my students understood the concept very well, they started teaching the lesson to their friends outside my class. They had the confidence to pass on their knowledge to others. I was so proud

You can’t imagine how many times have I heard people tell me, “Matalino ka kasi!” and I’ll roll my eyes 99% of the time as if I’m being exorcised and just cringed. Because truth be told, I don’t feel intelligent. Yeah, I think I kinda make sense but intelligent? Nah.

Can I tell you a secret though?

I look smart and intelligent because of two things.
1. I focus on topics that I know.
2. I tell people what I know.

Number 1: I focus on topics that I know.

Being a wide reader, I kind of knowledgeable in a variety of topics and genre. I can have meaningful conversations about politics, latest celebrity gossips, business, fashion, religion, travel, and a gamut of other things although I won’t pretend to be an expert on any of them because I’m not. Having read one or two articles about the topic doesn’t make one a guru.

You see, no one was born an expert. We become better on something because of constant research, practice, and dedication.

I sound and look smart because I research on things that interests me and can get obsessive with it. I would buy books, join forums or Facebook groups, and attend online courses and training. As a result, I learn more about the topic than other people and not because I have an innate talent or born with an IQ of 140.

Number 2: I tell people what I know

Oh, this is another part of the secret. You might be good in gardening or raising cats. You know the calorie count of all the food that goes into your plate. You can maybe put your baby to sleep in 3 minutes (or any baby that you made eye-contact with). You are so darn good but you never tell anyone.

To start, you might have no idea that you’re that good. You see, most of us don’t see our own talents. We’re doing things so naturally, without any effort and can’t see anything special about it.

As I told you earlier, I have my way of explaining things in a very easy way. “Gosh! What kind of talent is that?”, I first wonder. But as it turned out, that skill is now very useful in my line of business. Heck, I have even written a book that readers consistently give positive reviews!

Identifying that you have the talent, knowledge and information is one thing. The more important part is sharing what you know. Keeping it to ourselves is useless and frankly, selfish. Knowing something useful and of value and not sharing it is a great disservice to everyone who could use your skills and knowledge.

“I’m already providing service, Lyn Joy, but I’m not very fulfilled.”

Virtual Assistant, Accountant, Web Designer, Carpenter, Tutor, Artists, Comedian, Actor, Nail Technician, Psychologist. I can name hundreds of professions and jobs wherein they exchange their talent, knowledge, and skills and get paid for it. They might be employed or freelancer. They do their thing because of passion and interest.

What are the major issues they experience?
1. They wonder if they can use their skills and knowledge to start their own company.
2. If they are a freelancer, finding clients is difficult.
3. And even if they find lots of clients, the problem is how to simultaneously cater to them without losing their sanity, sleep or quality of output.

The Solution? Productize your Knowledge and Skills!

How can you turn your knowledge and skills into a product and earn from it? Is it possible to have a business teaching what you know and good at? Of course, honey!

What kind of freedom this solution will give you? Let me enumerate the reasons:

1. You can be a stay-at-home mom and still earn money whilst scrubbing the crayon marks from your pristine white sofa.
2. You might be on your 3rd city in France, answering some client emails, while having another sip of your latte in this quaint Parisian cafe.
3. You decided to take a 2-month hiatus to do some volunteer work yet the e-book you just published is earning cash even when you’re away.

I believe in hard-work (more of smart work), but I also want a chill life. A life where I don’t really spend my time for money. I want the freedom to do things I’m passionate about without thinking if I can afford it. I want to be with my kids if they need me and not helplessly leave them because I need to go to the office.

At the same time, I want to help people. Might be Oprah-esque again, but I’m sincere when I say that I want everyone to believe that the life they want is truly possible, if they believe.

However, doing this for a number of years now, I realized that even though I want to help all human in this world, I can’t.
1. The desire to change comes from the individual himself. I can coach, convince, and encourage someone but it will all go down the drain if the person, himself, won’t believe the possibility.
2. Not everyone wants the same thing. This is a good thing, actually, because that makes this journey interesting.

So I know that this article might not be useful for a lot of people but at the same time, for sure this can be life-changing for few of you.

How can you turn your knowledge and skills into a product that generates income day-in and day-out?

1. Decide what skill or knowledge you would like to monetize.

As I said, you might be a Jill of all trades and can even juggle eggs while eyes closed, but you have to decide what exactly do you want to be known for? Do you want to be known as the yoga queen or a keto diet master? Or maybe you have the talent to release negative energy from people by using your knowledge of crystals?

What topic are you expert enough to teach others? To be an expert at something, you just have to be more knowledgeable about the topic than the person you’re teaching, and that’s it. Don’t over think!

To help you, take an inventory of your interests, skills and experience.

2. Research if your idea has a good market.

You see, I understand that you’re an expert in sleeping for 14 hours without having a headache afterwards. I congratulate you for that, but, ahmmm, I don’t think a lot of people might be interested to learn how to do it. But who am I to tell you otherwise?

Don’t go to topics that no one talks about, a red flag that maybe there’s really no viable interests on that. And at the same time, teaching something that is so saturated would mean 100x effort on getting attention for yourself.

You need to find that sweet spot when competition and market size is just right in the middle.

3. Remove all those limiting beliefs!

One of them for sure is, “Who the hell will pay for what I know?”. You’ll be surprised the variety of courses available online – from fool-proof techniques on how to put a baby to sleep, to how to teach men the art of romantic dating – and people buy! A desperate mom who hasn’t had a proper sleep for several days and tried all the tips and tricks available on the internet will not mind the USD 9.99 you are charging for your techniques.

Do you know that there are thousands of online courses about dogs? Yes, dogs. Those adorable, better-than-men, huggable man’s best friend. Who buy these courses? Obviously, dog lovers.

I’ve seen profitable online courses about orchids, crystals, manifesting, and millions of how-to’s about every topic imaginable.

4. Be clear on what your course’s output is.

What does your course trying to solve? What do you want your students to learn? What help do you want to provide? Whatever it is, you have to make sure you can communicate this clearly so your potential clients understand what you’re offering.

4. Make sure it’s a quality course.

Ok, this point is the make or break of your business. If your students trusted you with their money, you have to make sure that what you’re offering is truly beneficial for them.

Of course, it’s not guaranteed that the result will be the same for everyone because even in traditional schools, not all who took MBAs will be successful business owners. However, our goal is to give our students all the resources and information they’ll need to be successful on their own.

The testimonials and case studies received from your students will be your number 1 marketing tool so always over-deliver!

5. Determine the most effective delivery method to offer your service.

Should you create a website? Can you do it on Facebook groups? How about webinars? There are variety of ways to deliver your content. You can do videos, books, ebooks, groups. You can use different mediums and change it as per your requirement. The most important thing is to keep your students engage and provide them the best learning experience.

There you have it! A bird’s eye view of how you can monetize your knowledge and skills. I hope that this article inspire you that your dream life is possible. You just have to Dream. You have to Believe. And you have to Take Actions.

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If you are interested to learn more on how to create a profitable online course, I will have a 3-part Training Videos for FREE!

Note: This course is for Filipinos only. Nope, I’m not a racist but just because these videos will be conducted in English and Filipino (Tagalog). I can’t be bothered to translate it or add subtitles. If you are a foreigner who understands Tagalog, you’re more than welcome.

Part 1: 7 Steps To Make Your Business Profitable (January 25)

Learn the steps on how to make sure that your course and business is something that you love, gives you joy, and most importantly, PROFITABLE!

Part 2: The 5 Market Must-Haves (January 28)

What should you consider when deciding which topic to focus on? Learn the Big Mistakes that most of us do when selling (and how to correct them)..

Part 3: How To Attract Clients and Let Them Get So Excited to Pay You! (January 31)

You want to help, for sure. All heart-centered, soul-driven entrepreneurs always aspire to make a difference in their community and the world. But you want to earn money too, lots of it! In this part, you will learn how to market your online business and we’ll talk about pricing, copywriting, branding, and so much more!

And you know why I think productizing your knowledge and skills is a very good business to have? The e-learning market is expected to double to $325 billion by 2025. By just taking 0.01% of that pie will earn you more than 3 million pesos! And the good news is, when doing research about the market, Philippines have only just begun with this kind of business model. You will be one of the pioneers in the country.

Enter your details below and register your interest to receive the videos straight in your inbox starting January 25.

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Always live the life you’ve imagined for yourself

The post Zero to CEO – How to Productize Your Knowledge & Skills appeared first on The Wealthy Pinay.