Every month I try my best to compile all the income and expenses that I occur in my pursuit of building and living the passive income lifestyle and please understand that I didn’t get to where I am overnight or through miracles – it is an ongoing progress, and has been a long road filled with lots of hustle and my fair share of mistakes.
And yet, through persistence and passion and continuous focus for progress, I’m slowly and surely building something amazing for myself, my family, for you to learn here in NigelChua.com
PASSIVE INCOME INTERNET BUSINESSES (PIIB): USD 65.59
Xtend Life Natural Health Supplements USD$ USD$ 21.52
- 4th April 2017 USD 6.52
- 13th April 2017 USD 6.20
- 26th April 2017 USD 7.88
SellHealth USD 86.97
- 6th April 2017 USD 17.99
- 16th April 2017 USD 68.98
PASSIVE INCOME INVESTING (PII): SGD 857.90
- Global Investments SGD 562.90
- M1 SGD 295.00
The month of April yielded slightly more sales (total 5 sales) and it went into a positive net profit area, but I have a problem with this – the main issue I have is because the income/sales are unpredictable, almost adhoc. Both these categories, from Xtend Life and SellHealth, are based on outright product positioning ie when a reader visit the site, they can browse the entire products available/recommended (similar to how NigelChua.com’s resources page are), and they either buy, don’t buy and leave.
Most teachers in the internet marketing space say that the approach is not good, because most people take 7-10 exposures before they decide, and hence getting them to subscribe to a mailing list will work better over the long term. Which is why you have started to see that I’ve installed some lead optin generators on NigelChua.com – these same option program applies to the new dating site I’m experimenting on, and what interesting for the dating site, there is zero product listed – just content and content. Once the content is completed, I will promote the content and website, and readers can benefit from the contents as is, without any optins, but if they want to accelerate and improve their outcomes faster, they can access my curated dating products and programs only by signing up to the mailing list.
Well I’m not sure if it’d work, but I’m trying that out, though it may take 6 months or more before the traffic is sizable enough to make good returns – if I can finish my contents within 6 months, I will also set aside $200 – $500 a month on solo ads to build the mailing list too – keep you posted on this. I’m trying to be very focused on one project but it’s not easy.
Weirdly enough, this season in my life there is a lot of opportunities and offers coming my way, not those shady ones, but real businesses in the physical world coming my way. Good in a sense there is more opportunities, bad in a sense it’d take me away more from my online venture. Ugh.
As usual, the dividends that come in from income/dividend stocks come in at very fixed and periodic timings, and I’m pretty happy about this. I recently checked my stocks account (yeah, I seldom check them) and I found that I’ve made a capital gain of 10% average across all my stocks, which means I can sell them to make a decent profit…but of course, that isn’t my style. I’m holding them for predictable cash flow.
Table Of Contents
JOIN ME IN INTUITIVE, LOVING, GENTLE AND GOOD SUCCESS AND SELF MASTERY THAT ACTUALLY MATTER. NO HYPE. NO BULLSHIT.
Hang around here for some time, you’d see that I don’t well with hype or bullshit. I can smell that typically a mile away, and I hate that shit too.
I’ve been working on myself and on NigelChua.com for years, since 2006, and only in late 2019, I started to focus on intuitive and loving leadership, entreprenership and personal development.
Here are some areas that I work on a consistent, ongoing basis.
See the Tools & Resources I use to improve my life, businesses, health, build passive income and more.
The core topics I cover in NigelChua.com is:
- Eternal life and salvation: Jesus Christ is the Way, the Truth & the Life
- Fix your health: get healthier, live longer, run faster, more energy, fuck more
- Passive Income Lifestyle: Become financially secure by building assets that provides multiple streams of passive income that’s more than your living expenses
- Personal Loving Relationships: Attract, build and grow relationships you love
- Philanthropy: giving to the poor and needy
- Philosophy: Conscious, purposeful and positive living
- Productivity: How to become more efficient and productive in important things. Mastering them causes you take less them whilst increasing productivity.
- Insure yourself and your loved ones (Health insurance is important)
- Add-on Adventures: Become rich and wealthy
- Add-on Adventures: Build businesses that add positive value to your society and life
- Success Principles
Take action TODAY: One year from today, you’ll be one year older. What would you have done by then?
I’m the founder and writer here at NigelChua.com; as well as serial entrepreneur, therapy business entrepreneur, digital entrepreneur, investor and also happy husband, father and Christian. Loves good success and freedom.
Learned early in life on importance of making more and entrepreneurship. Started and sold off a business for 7-figures; built another 7-figure one and growing it further, as well as building/investing into other businesses.
I help and consult people how to diversify their income by starting offline or online business to create financial freedom for themselves plus achieve balanced good success in their lives.