Financial Freedom


5
Aug 09

Startup Idea

This post isn’t something that would give readers a heads up or advisory notice on what I have in mind about startups. This is just a reflective post.

Two years ago, I had this vision of putting up an online site (not to be divulged here) that I knew would click. My hubby and I thought of that site and suggested it to someone else, who may have the money and the position to do so (although technically it would be my hubby and me who would be doing the hard stuff). Sad to say, it wasn’t sold. Then a few weeks back, I was searching the Web, and gotcha, a new Web site popped up on the sponsored listing of Google…wow, the business had the same idea that I had. Uggh. Oh I thought that it’s now fully functional after several months of press releases, but, no, still blank – just the usual interface of “COMING SOON TO ….” I wish I would get someone to backup my business idea in this place. If only I am in my home country, putting up any business wouldn’t be a big problem. Anyway.

Just a week ago, another idea hit me! I knew this startup idea would work here and elsewhere and would generate a lot of money and users. I can’t wait to get started!


2
Jul 09

Paper beads jewelry

I got a new hobby – that is, making of paper beads jewelry. The process is enjoyable and economical. I have lots of colored magazines at home so instead of throwing them away, why not make use of them first. (In fact, I haven’t read all of the mags here at home.)

My friend and I went to the City the other night to buy some beads and strings to accessorize the paper stuffs I made; but, heavens, they were so costly! I will buy beads in the Phils. during our vacation six months from now.

Here are the stuffs I made out of paper and (some commercial beads to accessorize):

Bookmark: not made of paper, but of string and one wooden bead

Bookmark: not made of paper, but of string and one wooden bead


12
Jun 09

On setting priorities and in choosing who we want to be

Being a new mommy, I have a lot of things to do, really, a myriad of things to do at home and with my personal life. Oftentimes I am baffled with what to prioritize!

Stephen Covey says it well in a video from YouTube (embedding disabled so just click on this link to view the video).  It’s just a matter of choosing the important things on our to-do list and not reacting on urgent, unimportant/trivial things.

Prior to watching the video, I already wrote my to-do list for today. I crossed out those that were already done. I prioritized those that were easy-to-do. I still have three pending things to do from the 10 ToDos that I identified for the day.

One thing I do know is that – no matter how busy I would seem to be (in my mind), my priority is my baby. When she’s awake, I interact with her a lot. I talk to her, read her a book, teach her the ABCs, and count to her the numbers 1-10, and other fun things to do. I make it a point to ask my baby these two questions: “Are you OK?” and “Are you happy?” as borrowed from the greetings of Misterduncan in his Learning English with Misterduncan videos. My baby may not answer me yet, but the cute smile that she gives me is enough guarantee that she’s perfectly doing all right.

It’s also my priority to record her feeding pattern for the day. I have a quota to meet. She should consume at least 600ml for the day during her 2nd month. I started recording it this month, but was only consistent in recording her feeding pattern since June 9. Soon I will make a chart of her weekly feedings.

I am still coping with the demands of household chores, in particular, in cooking our meals, and in maintaining the cleanliness of our house. It’s just two months since I gave birth so my body is still recuperating from the rigors of sleepless nights. But, in totality, I am overjoyed of having a baby who surprises me everyday with her new antics. I was just saying to my husband that when it comes to our baby, it’s as if I’m dealing with a year old baby or a 2-year old baby and not with a 2-month old. (pwera bati!)

From now on, it would be my habit to record my ToDos for the day, and screen out the important things and do them right away.

In a related video, former CEO of iBeams Peter Desnoes, talks about knowing what’s important in one’s life and being solely responsible for that in order to know who/what a person wants to be. He explained it well through his words to live by:

Figure out where you want to go and then you figure out the path to get there.

At the end of the day, no one is responsible for the trip, for that journey than you.


11
Jun 09

Cash Management or your company will go to pieces: THINK CASH!

I got preoccupied with downloading of e-books from KnowFree (how I love freebies, particularly, when it comes to harnessing my mind!).  Good thing my baby’s a sleepyhead today. I should be sleeping, too, but goodness, I couldn’t take my hands off from the keyboard. I downloaded a lot of e-books today. I still have a lot of e-books pending to be read. Haha.

I browsed the Cash Management (making your business cash-rich without breaking the bank) book by Tony Dalton, and I got really hooked. I decided then to continue reading about it. This is just a preliminary review of the book. I am not making a thorough review yet of this book since I am just in the first few pages, but, one thing that struck me is that it’s not enough that a company is making profits. The question is, how positive is its cashflow? How is it being managed? Continue reading →

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