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Jan 29, 2010

Free Downloads 2

After giving you the first download in my post last week, here is another free download which I find very amusing.

Chrome has a Boredom Button that is part of its extension It adds a new button to your Chrome toolbar. It will give you access to the funniest and the best web content when you're bored, or whenever you need that fresh spark of inspiration to go through that long work or long school day.

You may view or download it here.


There are other free giveaways that you may be interested in like submitting your URL for free to search engines. Do visit this URL!

Jan 28, 2010

The World’s Most Popular Password


It is very important to have your password to be secured. A good combination of proper characters and letters is best in creating a password. Using such a guideline, there are passwords that were created that are really very common. Well did you know that the password that is most popular is “123456”? And I even thought it was another password that was popular. I was wrong.

The analysts made a study on the insecure practices that were used and it was concluded that the most used passwords are those trivial dictionary words, short passwords, and those lacking the combination of numeric characters and capital and lower letters.

Some more major results mentioned that:

Around 30% of the users select the passwords wherein the length is less than or equal to six characters. Almost 60% of the users select their corresponding passwords from a very limited alphanumeric character set.

In 110 tries, a hacker will be able to access a new account on each second or around seventeen minutes to hack into about a thousand accounts. In addition, almost half the number of users utilizes slang words, dictionary words, names, or trivial passwords like adjoining keyboard keys, successive digits, among others.

The password that I thought to be the most popular belongs to the top 20 of the popularity of the password. After the famous “123456” follows “12345” and “123456789”.

Some more popular passwords on the list are as follows:


The rest of the passwords are rated by popularity:



Well one thing is for sure. Try to enforce the usage of stronger passwords like “long-term strategy” or maybe you can check out other lists on the internet to avoid making use of banned passwords. And always remember that “123456” is the first on the list of the most popular.
 If you are aware of this list and you are careful of making any mistakes of selecting a password, bear in mind that strong passwords are just the same with the weak passwords if the computer you are using is infected with malware.

Jan 26, 2010

Enjoying Facebook Lite


Hey come on…I know that you know Facebook already. I think almost everybody that I know from all walks of life, young and old, know and use Facebook. Would you believe that the users of Facebook amount to more than 600 million already? Well correct me if I am wrong with my figure there.


In addition, Facebook has so many features that will enable you to really explore everything about it whether it is related with games, applications, private messages, adding friends among others. I recently read a new Facebook setting that will permit you to make use of Facebook’s faster and lighter version always.


You may simply login here and check Facebook Lite box. You just need to choose your preference and voila! You will now be able to use Facebook Lite. I like this Facebook Lite a lot for the reasons like less functionality, better user experience, less clutter as no more app requests are present.





Well as others say, Facebook Lite is the new design of Facebook. It claims to be faster than the regular site. The design also changes regularly and keeps getting better as compared with the regular Facebook. You may notice that the important items for you are placed at the top of the page. It is considered a section portion with soon to be happening events that you are going to attend.


The names of the events are considered SEO friendly so that you may be able to search it in Google. More simplifications were done like the event pages too.


Other parts of the design of Facebook Lite are still complex although not in a bad way but still many parts are now simpler. Facebook are still improving on showing more content by using less code and by giving your social graph the chance to comment on a right inline basis.


Other changes made were that the Home tab was removed and you just need to click on the logo of Facebook to view your home feed. The search box works really fast and displays only the names.


The home page displays comment versions that are very detailed (with photos, links, among others). You will see in your home feed every post with comments. The page portions where the advertisements are usually found are now replaced with little tips. The chat feature has a popup application already.


I don’t know if everybody will really adore the Facebook Lite as compared with the regular site and I wonder if many will complain about it. Well, what do you think?

Jan 25, 2010

Using Google Analytics


You’ve probably heard of Google Analytics and you may say it is just the same with the other statistics website that you’ve encountered already on the web. It is actually a free tool to assist you in analyzing the information gathered on where the visitors of your website are originating from, how long the visitors will stay on the page, which of the pages they are going to visit and much more. It is significant that you gather and understand this kind of information if you really desire to succeed online.


Well, come watch the video with me as we go through the process of learning on how to analyze as much information as we can.




Jan 24, 2010

Free Downloads

We will be giving you a regular updated list of files whether ebooks, softwares, etc, that you may like to download for free anytime.


First on the list is this ebook courtesy of ZDNet and the information actually came from the readers of ZDNet; it further contains applications that are free and lightweight that you do not want to live without.  


You may view or download it here 


There are other downloads like the Boredom Button, among others.

Jan 23, 2010

Video on Making Money from your Blog



Making money from your blog is not that easy. You need dedication and utmost patience to see the fruits of your labor in terms of your blog. Watch this video with me now as we explore the tips on making money from your blog. This is especially dedicated to the newbies out there….











Jan 21, 2010

Talking About Web Hosting Technology


Through the many websites found on the World Wide Web, there are indeed many opportunities as it is the backbone of the online industry. The information are easily scattered worldwide by a button click. People correspond and easily communicate with each other all over the world by making use of the various features of such websites. But each of these sites will not survive without the advertisers, the readers and of course the host.

 Web hosting plays a major role in the online industry. It may serve as the largest searchable directory of website hosting and may contain information on all the providers of web hosting, promos, plans and discounts and even the clients’ unedited review.

 There are many things that may suppress your online business. There are limitations on merchant account and also email issues that may possibly slow your business. Another possible common that may suppress further your business is an inadequate hosting plan for your website. If you have an unsuitable web hosting plan, your website will look like an amateur e-commerce site after learning all the tricks and trades of the online industry.

 Try to take into consideration a period of six to twelve months when selecting a website hosting plan. Then search for a provider offering remarkable features that you will likely grow and live with for a long period of time. If you find one that will not work well, cancelling it will become a problem and a headache instead of handling a new learning curve for you.


There are different possible platforms available for website hosting like the drupal web hosting and the wordpress web hosting, among others. Drupal is one of the market's most widely used in terms of its tools for management and creation of a website, while you may rely on wordpress web hosting plans because of its very good community support aside from the free website plug-ins and themes for the enhancement of your blog's functionality.

Jan 19, 2010

Save your Money the Smart Way


Whatever your financial situation, it is really makes sense to make both ends meet. There are actually many methods to be able to buy the things you like on a regular basis as well as purchase major products with big discounts with only a number of clicks. In addition you need an emergency fund to be able to cover the emergency costs or if ever you lose your job. Just make sure that you get the best interest rate so that you may be able to access your money whenever you need it the most.

Well here is a video to illustrate on how you will be able to save money for your future. What do you think?


Jan 18, 2010

Making Use of Online Video for your Business


You may have learned that many of the businesses still bear the old theory that to be able to obtain new clients is simply to include their name as well as their face in the yellow pages or even on social directories found on the internet. In addition, they even get business cards that look professional and even a website. It is the saying “build it and they will come”.

Well the truth of the matter is the competitors are also doing those methods. In this modern age, it is really not enough.

Check if your business is noticeable online. Most of the advertisements found on the internet have a format that honors time. With an overabundance supply of the same format of claims, presentation and texts, your website has little time to be able to enable the visitor to act on it. Thus it is important that you locate a method to break through whatever your competitors are doing and making but it is not enough.

There are statistics that show that the websites even with their best appearances produce conversion rates less than one percent. It goes to show that for each 100 website visitors that you have, less than one visitor will email or call you.

You may think that this method will generate bleak results. But try to stick to your method no matter what. It is advisable not to direct your advertising budget to the yellow pages as you are still on the right way. It is just that you still haven’t controlled all the available power to you online.

The Need to Feel to Communicate. Most of the websites are just electronic versions of the advertising of the yellow pages. They do not entice interaction beyond the statement “Contact me for more information” and as a result, they do not entice trust as compared with their counterparts in print. The warm welcome feeling is not given like when you have a face-to-face meeting; in reality they can.

So the big question is how a business will compare and contrast itself from other competitors. Well of course, video on the web will make this possible on a bigger scale. Due to the fast improvement of technology, it is much easier to add to your site the warm face-to-face element, or even repeat a personal interview or even give to your website visitors the opportunity to check your status before contacting you on the telephone.

With the online internet video, an interview may be presented on your website that will answer all the concerns and questions of possible clients. You may likely keep them on your website on a longer basis and provide some insights into the so-called business behind the business. The owners of the business may correspond directly now with their site visitors and display their expertise aside from their personalities. This stuff may help you especially if you are a professional service provider.

This web marketing type may be benefitted by any business relying on the conveyance of the ability to trust. It is really the one-on-one feel and the perfect way to breed the much needed trust and interest to be able to oblige the possible clients to do business and make an appointment.

A web interview of high quality that is strategically on your website really will save you and your possible clients much time as wider audience will be reached within a minimum amount of time. Possible clients obtain the information needed to pre-qualify and even pre-sell themselves before they initiate contact.

At present some if not all will be able to give the best return of investment or ROI of any medium of advertising through online video. If such videos are properly set up it will have a higher rank than texts by Google and other major search engines. This is such a better way to be able to have a personal connection with potential clients as you will spend like in a face to face manner such important time with a possible client. Bearing that in mind just wait for my future post on tips of how you may be able to get the most out of your marketing efforts through video.

Anything you may like to add, feel free to do so.

Jan 17, 2010

Your Website’s Sharing of the Proper Data



Do you really know why you are putting up a website? We all have different reasons and information is found on various websites. For many businesses, they put up a website but they do not seem to put the right information. In other words, they do not fully maximize their websites so as to make it into an effective tool for selling.

For instance, there are even numerous small websites that give pictures of their services and products, however no pricing and more detailed information are included. If ever a client wants to see a product’s picture, you may easily make use of the images of Google. Easy, isn’t it? But really it is disadvantageous on your part as a website owner.

Other businesses with a retail store do not just relay out their price. Website visitors always have the need to check out first the full package of the product that is being offered so that they will be interested in getting your service or product.

These businesses do not want to pay large amounts of money to the professional web designers to be able to update their website’s information. Information is also not ready whenever the site was designed already. These businesses are also just plain lazy, aside from the fact that the website doesn’t have a price indicated for a particular product. The visitors will just simply press the BACK button or maybe search for another supplier.

Make your website easy to access and be sure that your product information is complete and detailed. Make sure that your phone number is visibly located at your site’s top page. Website visitors do not like to go through a contact page to locate your telephone number.

Make sure that your contact form doesn’t have as much as ten compulsory fields. Just get from your visitors the necessary information only and obviously you don’t need the date of birth or even the type of blood of your visitors. Just indicate in the fields the information that will be of use to you and you may also get only one email address or phone number to contact them further.

Put as much content to your website together with contacting a web designer. It is much advantageous for everyone to have a website that is rich in content, so that your visitor will really value the product or service being offered.

If you have further suggestions on how to further improve your website, feel free to suggest. I just hope some tips here will bear much significance in building your website.

Jan 16, 2010

2010’s Social Media Predictions


For business entrepreneurs and the global brand key players and teams of organizations that are driven by a mission, following the predictions and signs of the future becomes the utmost comparison between survival and extinction. The truth of the matter is that the burst of social media in the year 2009 has the same common characteristics with the general trends of business and the internet growth as a whole.

I know it is already the middle of the first month of the year 2010. But this post aims just to share to the professionals these predictions of how the world of business will be affected by social media as another year of opportunity is here for us.

Social Search Optimization or SSO is now the thing. Before, the internet industry came up with the SEO or Search Engine Optimization. And this is when Google came about to become a big, big business. They fought and remained to be on top with their ever-changing algorithms. Well of course, it is a known fact that to be the leader, one should always add information and data to your website in a consistent manner together with content that is rich in keywords.

At present, SSO or Social Search Optimization is now more important than ever and works in the same way within platforms of social media. But even if it is significant to be found inside Twitter, LinkedIn or Facebook and even if Bing or Google is indexing the social media platforms, it is really the content that is the most important in the online industry.

This goes to show that SSO really will go over SEO as relevant site content and social activity inform the results of the search engines.

“You” becomes the Brand. In the blog industry, the significant term is “social”. As a matter of fact, more than 80 out of 100 professional recruiters have plans to utilize social media platforms to be able to check those applying for a job. This goes to show that entrepreneurs and employees will be able to discover their presence in the social media and these social networks will either make them successful or otherwise in their own professions.

Social Media Networks Merge. In the year 2010, social media is seen to shift from growth to maturity as compared with the previous years from introduction, growth, maturity and even decline. There are many small microblogging sites that come and go. The theory of Facebook is continuously being adopted and imitated by smaller microblogging sites. Maturity is soon to come and will be in full force soon. This goes to show that many major active websites involved in social networking will disappear in 2010.

B2B adopts it. Before, B2B or business to business was hesitant to try social media and B2C or businesses that sell to the consumers were the first who played a major role in trying out new communication tools. Nowadays, there are many businesses who will tell their own success stories like the Serena Software having cost savings via the network building of ‘Facebook Friday’ and there are those businesses increasing in sales since they uploaded their own videos in YouTube. This is not the period of a “wait and see” approach. It is seen that the utilization of B2B is going to increase as more B2B buyers are utilizing the internet for their own research in purchasing and social media is seen as very important for the online businesses.

It is important to act now in the social circle in this year of 2010. There is too much to lose and there are many other limitless opportunities to gain.

Jan 15, 2010

Google vs. China: The Struggle Within


Have you heard about the Google in China story? Well as Computerworld would relay the story, it is indeed very interesting. As indicated, Mr. Robert McMillan reported and quoted an unidentified source saying:



"…they [hackers] apparently were able to access a system used to help Google comply with search warrants by providing data on Google users, said a source familiar with the situation, who spoke on condition of anonymity because he was not authorized to speak with the press. “Right before Christmas, it was, ‘Holy s***, this malware is accessing the internal intercept [systems],’” he said."



Apparently a spy system was already hosted by Google and this system provided the Government of China or any government with data from users. What they need to do is just to make a request the corresponding data through a warrant. The said internal spy system turned out to be Google's weak spot in security technology.

The question is why the Government of China will try to hack or enter into Google's system that provides it already with data of the users. The Chinese government was really gathering data on all the users of Google and not only their activists of the human rights. It was clear that China was attempting to spy on everybody and the internal spy system really compromised all the Google users.

This goes to show that Google gathers information about its users always and shows it in a format enabling it to hand it over to an agency of any government that commands a search warrant. Such a revelation is very embarrassing. In addition, Google mentioned something that China is going against human rights so that Google may get back at China but in fact, it was really vulnerability in the internal spying system of Google that really put all the users of Google in a compromised situation, and not just the activists of human rights.

Jan 13, 2010

Working Smart


Thinking clearly is important whenever you are already a working professional regardless of whatever your field is. By having enough sleep you will have a clear thinking and it will affect your job performance tremendously.

Sleep deprivation is such a very common thing in this age of modern culture. Each day, work seems to double and not much time to complete such. Thus the period of time to be awake is extended as well as there will also be an increase in the period of time to sleep. Sleep is really needed to reinforce particular body parts most especially the brain so that it may function optimally in a continuous manner. Thus when people believe that they may instruct their bodies not to have as much sleep as compared before, well they are absolutely wrong.

To improve the performance of your job needs a good night's rest. You may watch this video from moneywatch.com to learn more about this subject matter.




Well, what do you think?

Jan 12, 2010

Why Many People Quit Internet Marketing


Internet marketing has much potential that are available to many people although not to everybody. One of the most significant factors that contribute to the success of a business on the internet is aspiring to perform what it takes to undertake a particular task. The aspiration and ambition goes not just with the burst of enthusiasm but also with the perseverance through the different challenges you will likely meet as you go on.

In this post we will tackle the most common reasons why there are many people who just quit in the middle of a challenge of pursuing online business success.

Lacking the Motivation to Work. Many people thought that working on the internet and being your own boss will produce instant results. If you are your own boss, there is a tendency that you will encounter some pitfalls and nobody will really tell you on how to go about it. Yes, you will always be given instructions through your readings but if you lack the much needed motivation to work to be able to get the task done, then internet marketing will be useless for you.

Try to motivate yourself to execute some work even if such work doesn’t have much appeal to start with and results are not instantaneous at all. A much stronger focus and inner drive is required to be able to accomplish the online success that many people look for.

Lacking Confidence. If you are just starting to work online, there is the assumption that almost everybody does not have the necessary experience as the internet is still a new field for most of us. Our level of confidence is still not existing and for many people, this provides discomfort especially if you cannot see what you are achieving.

Whenever you work online, you should be able to accept that you still have a lot to learn and to be able to stick with the work no matter what. But not all have that ability. So the result is that the very first challenge or setback that will be encountered results in not succeeding with online marketing and eventually quit in the process.

A Strategy with no Business Plan. Undertaking any business venture type necessitates a strategy or a map on how you are going to accomplish a particular task. A strategy for a business plan is needed to be able to gather all your efforts so that every task will be done within the deadline. If a business has no strategy at all, frustration easily builds up and thus will lead to giving up the task eventually.

Being Afraid of Failure. This is a very common observable fact of the mind. Many are more at ease by not even trying at all. The fear of failure will withhold even the most intelligent and talented among everybody. This situation is the same for the people working online on the internet.

Goals that are Not Setting. Goal planning is important and is considered a vital component for any business to succeed. You should know what you are striving for in order to succeed. Goal planning consists of setting objectives that are achievable and realistic that may be stepping stones to make you closer to the results that you are seeking. If you don’t have the time to execute the setting of goals, you will be running your business without any direction and will be frustrated and quit in the long run.

Internet marketing is a challenging matter. However you will be extremely rewarded financially for all the effort. There are viable opportunities for anyone who will do business online. It is a realistic fact but still many people fail to do so as they do not have the ambition and drive needed to be able to succeed. It is usually a gut check to succeed on the internet.

I just hope this will guide you on striving more whatever tasks you are doing right now, whether online or not. What do you think?

Jan 9, 2010

The Proper Way of Living on a Budget


The New Year just started and I know many people spent more than their actual budget during the holiday season. Maybe it is time to start the New Year right by living on a proper budget. It just takes a lot of discipline and perseverance. Even if you are earning much, it does not necessarily follow that you will really save as much. It really depends on how you will manage your earnings and the way you live on a budget will really help you.

I am hoping this video will really help you in starting your year right. Well, what do you think?







For those viewing this post via feeds, please take note that this video is best viewed on the actual TCZ link itself.

Jan 8, 2010

Short Business Tips




Sales are important to any company whether big or small and cannot be overstated. There is really no business if there are no sales since the sales level establishes the health of a business. Here is the good news. You will be able to have an assurance of vigorous sales by studying on how to proceed with each procedure of the process of selling. Over the last few months, the TechnoConvergingZone featured some secrets of such booming businesses which I hope will be of use to most of us. This article will be updated regularly. So be sure to come back to be informed! 

Tip #1: What is a Winning Sales Plan?

Well, a sales plan is a guide for the owner of the business on how the resources may be used like the finances and manpower so as to be able to meet the sales target. You may make a sales plan regularly, say every month. Always be aware also of the season cycle that is affecting your business. Some of the holidays are better for some businesses than the others like the Christmas season and the Valentine’s Day. The weekday sales may also depend from the weekend sales. There are factors in such elements whenever you will make a sales plan.

Tip #2: How to Conduct a Sales Meeting?

Try to keep the meetings short and focused on the subject matter. Build the momentum. However let your staff do the reporting. They may report by twos to the whole group. A time limit should be set for each report and do not let anyone ask questions yet or simply butt in. Try to get a good facilitator with a specialization for this. Be sure to assign a person to record the minutes of the meeting for future discussions so that these will not take much of the time of everybody. In this way, the managers really know that you appreciate their time.

Tip #3: How to Make Use of the Grapevine to Boost Sales?

Innovation should be continued and make your product and service perfect as this will guarantee the best word of mouth advertising for your business.

Tip #4: How Will One Create A Store Logo?

Try to get the services of a good artist to create your own logo for your business. This should be able to tell what your business is all about. Bear in mind that the logo should work for the signage and should not be too long or too thin. Be sure it would not be readable. It should stand out among the crowd and not look ordinary like any other brand in the mall. Do not follow what everybody else is doing like the hanging back-lit signages. Do what really works for you.

Tip #5: How Does a Person Keep the Sales Team to Suffer from Being Burned Out?

Attempt to include them as part of the goal setting and the solution. Give them incentives and rewards upon reaching their goals. Vision should be shared with them as well. The people who are included in something big usually bear the big picture in mind instead of the obstructions. 


Tip #6: How Does a Person Make Such Marketing Materials that are professionally made?


You should have a clear and concise goal of the product that you are selling as well as your target market. Advertising materials like brochures, billboards and such should be able to relay on who you are and what you have to offer at once.

An Eye-Opener with Google Wave


One of my friends invited me to access particular software called the Google Wave. Google opened this beta software to just a limited number of audience but I guarantee that it will really make the users of email went haywire over it.

If you want to try this out, you have to wait as Google still has to make it readily available to the press and some developers. The tested version was available to some by invitation only and it was still in the development phase. If you want to try it out and have an account, you may try to contact me and maybe I can invite you and be my friend in the world of Google Wave.

The wave is actually a real-time email. It is fascinating especially when you are replying to a message or a wave you received in the system, the message recipient may be able to see what you are actually typing as you type it. Amazing isn’t it?

You may reply anywhere in the message. You may actually do this in a regular email but here in the Wave, your comments are easily read and picked out as the application bounds reply text in boxes that are colored complete with the embedded pictures of the authors. Wave really makes it look so easy.

But Wave is not an email. It is just a feature with a reply-anywhere with a combination of an interesting real-time function. It is a useful combination of instant messaging and email in one. It is architecture in its newest form of communication.

At the moment the users of the Wave may only communicated with the other Wave users only. The addresses in the Wave look like email addresses, but there is a doorway between Wave and the internet email. This is still a very serious limitation and the developers of Google will certainly correct this so that moving from the Wave gateway and the gateway of the standard servers of email will become possible, in addition to the IM services and other social systems like Facebook, among others.

Well, to show you more about Google Wave, here is a video stating still some more of the amazing features of the beta version of Google Wave. I suggest you try out the Google Wave and it is really an incredible eye-opener. I reiterate I may be able to give you some free invitations. I still have a few in my database. *wink* *wink*





Jan 6, 2010

Technological Predictions for the Year 2010


The Chinese have their own predictions in this Year of the Tiger. It just comes naturally for some fields like in technology to have also some predictions to go with it.

Now that we discussed the top five stories of the decade in my previous post, let us wait and see if the year 2010 will produce the Apple iTablet or whatever they will call it. Such big trends will be discovered in this coming year that will surely get the attention of those involved in technology. Well maybe we may watch this video taken from ZDNet about the themes of technology and some product announcements that may be focused upon.



Well, what do you think? Agree or disagree?

Jan 4, 2010

The Top Five Stories of the Technology Decade in ‘00s



Since we are now in the year 2010, I gathered from my readings the best five stories of the decade ‘00s. The decade produced the introduction and increase of usage of social networking till the Google IPO. It became a very significant decade for the innovation of technology.

Let us start with the top fifth story in this video.

• Salesforce.com came up with the idea that specific software emerged as a service. In this decade you just don’t purchase particular software. Salesforce increased their revenue to more than a billion dollars a year and all of your enterprise applications may be obtained on demand.

• The top four is the social networking. At the start of the decade we just correspond with each other personally by talking on the phone and shake hands. Nowadays, people use Facebook to poke people, to chat and also send some tweets and network also. It is not believable at all that social networking doesn’t exist at the start of the decade. Nowadays, Facebook is utilized by more than 350 million people worldwide and has been the latest of the game, so to speak.

• To summarize, Larry Ellison who is the most amusing of technological CEOs said at the beginning of the decade that the software market is matured already. Nobody believed him then. At that time you may purchase PeopleSoft and your stickers won’t stick. Thus Ellison purchase PeopleSoft, BEA, Siebel and eventually Sun. Any person that contended with Ellison ended up employed by him. You will always check on the revenues to verify. In the year 2004, Oracle earned more than a little $10 billion. In the year 2009, Oracle’s revenues earned more than $23 billion.

• This is the decade of the Apple period. At the start of the decade, Apple was recovering and in October of 2001, Apple came up with a device called the iPod. It changed the music industry until now. It was able to sold around 220 million units of iPod. And in the year 2007, Apple launched the iPhone and cooked up the idea of the App Store for a developer which would transform everything and has downloads of around 2 billion. At present each wireless provider is attempting to do exactly the same. Last quarter period Apple sold around more than 7 million iPhones and still increasing.

• After the Apple renaissance and it was big, Google was even bigger. In the year 2000, Google was a search provider to Yahoo and was considered a big error for Yahoo. Since then world domination started. In the year 2004 and month of August, Google offered their company to the public at around $85 per share and declared that their mission was not certainly to be bad and evil. Nowadays, Google is everywhere: cloud, search, Apps, display of advertisements, smartphones. You name a particular category and Google has it. It was really the decade of Google and is in the top list.


You may view this video to learn more about it. What do you think of the list provided?




Jan 2, 2010

My Dad is a Broke OFW (An open letter to all OFW’s): A Facebook Note


I thought of posting one of my facebook notes here in my blog in this economic period. You may like to share your opinions on this.


An excerpt from Financial Planners of the Philippines
Posted by Trace Trajano on October 16, 2009 at 9:14am

Now, who said savers are losers?

Kumusta na kabayan!

First, I would like to thank you for being an OFW. My dad used to be an OFW and I know the many sacrifices you are enduring right now just so that you can provide the best for your family. I admire you, I appreciate you and in my book, you are a true Pinoy hero.

Second, I would like to help you. I would like to help you in the same way I helped Bobet, a former OFW. Under my coaching, from being broke and in debt, in just 12 months Bobet became a millionaire. Bobet is in fact back in the Philippines. He no longer needed to work as a nurse here in the U.S. He no longer misses his wife and kids. He can now kiss and hug them everyday. He has achieved in 1 year what most OFWs will never achieve in their lifetime. How did he do it?

I taught Bobet the Secrets of Wealth. And if you want to be like Bobet, read on because I want to teach you the Secrets of Wealth as well. But there’s a catch. You will only understand the Secrets of Wealth by understanding how my dad, an OFW like you became broke.

I’ve experienced as a child what I call a roller coaster of wealth. In Tagalog, we call this “Gulong ng Palad” (Wheel of Fortune) because there are times we’re on top of the world and there are times we’re at the bottom. When my dad comes back from abroad it is like a fiesta. The alcohol is overflowing. The whole town seems to be at our door step and my dad’s pasalubongs never seem to run out. Packets of cigarette. Bottles of whisky. Chocolates for the kids. Jewelry for my mom. It is like we’re millionaires every time my dad goes home.

But we’re millionaires only for a short time.

Two weeks later, the money’s gone. My mom and dad start to argue. And my dad seriously considers going back to the ship. He borrows money from his mom – my grandmother (we call “Nanay”). One time, my mom and dad even asked me to borrow money from Nanay because both of them were already turned down. I guess that tactic worked because Nanay couldn’t say NO to his apo and we ate dinner that night.

Then things turn for the worse. The many friends who cheerfully greeted my dad’s homecoming are no longer around. Instead, creditors start hounding us, pounding at our door. At 8 years old, I am taught to lie and tell the creditor my mom is not around even though she is just there beside me kneeling and praying the creditor goes away.

From feeling like millionaires for a few days to being dead broke 2 weeks later – describing it as a roller coaster or a wheel of fortune is an understatement. My mom and dad managed to squander all their savings and more.

So 2 months later, my dad is back at the airport again. We have tears in our eyes once again as we bid him goodbye. My dad would have to work hard on a ship 10 months in a year mostly to pay off our greedy lenders and creditors.

My dad tried to invest – buying a tricycle but the business became bankrupt as fast as it was started. My dad recalled that tricycle with pride in his voice “It was the first stainless steel tricycle in our town”. He was proud of the product but he did not take the time to understand the business.

There were many days our home is literally dark because we couldn’t pay for the electric bill. Once, as a 9-year old boy, I was devastated when I saw my books have been sold so that we will have food on the table that day. Then the worst happened: we lost our home to foreclosure because there was no money left to pay for the mortgage.

Is the story above familiar to you? I bet most OFWs have the same lifestyle cycle as my dad. Rich one day then broke another.

Have you discovered the Secrets to Wealth in my dad’s story?

At its core, it really is very simple. You will be wealthy if you do the exact opposite of what my dad did.

Don’t waste your money by throwing a lavish home coming party for the whole town – SAVE your money instead. Have a small gathering with your family and loved ones. Your children will appreciate it more because they want your presence more than your presents. Get into the habit of saving at least 10-20% of everything you earn. The earlier you get that habit the wealthier you will become or the faster you will become a millionaire.

Bobet saves 50% of what he earns. No wonder he has become a millionaire in only 12 months.

But you cannot save your way to millions. You have to learn how to invest your savings. My aunt who used to work as a bank clerk, who earned 1/10th of what my dad earned as a seaman is now a multi-millionaire because she learned to invest her money. Your savings must go to “work” for you. They must produce good returns or profit. But you cannot stop there. You have to reinvest your profits so that your wealth can grow exponentially.

My aunt started a business butchering chickens in the wet market (palengke). She saved half of her profits and lived off the other half. She then put her savings to buy a store. The profits from the store and the chicken business were then invested into a farm. The profits from the farm, the store and the chicken business were then invested into a resort. The profits from the resort, the farm, the store and the chicken business were then invested into apartment buildings.

As a result of saving, investing, and reinvesting her profits, my aunt becomes richer and richer even as she works less and less while my dad because of spending, borrowing, then spending becomes poorer and poorer even as he works harder.

The choice is yours. Bobet chose to become rich and he put in the time to learn and apply the Secrets of Wealth. Bobet is now in the Philippines employing 30 people because of the businesses he started. 30 families now rely on Bobet because he applied the Secrets of Wealth and Bobet is proving you can become wealthy even back home.

I like you to be wealthy my friend. But the choice is up to you.

Dedicated to your success,

Trace

P.S. Please forward this to every OFW you know – in fact, forward it to everyone you know for that matter. Everyone needs to learn and apply the Secrets of Wealth.

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