Archive for July, 2009

Business Strategy 2009 – 2010

Khalid / July 14th, 2009 / 1 Comment

Recently I posted that I intended to follow a strategy that will last until 2018, when I turn 30. The 9 year plan will definately be succeptible to change, however my intentions are to hit specific targets year by year and so providing I am able to do that whilst building my business, it should be a success (fingers crossed!)

Over the past year my $100 a day challenge has come back with mixed results, and on some months I have smashed the target, whilst on others I have failed. Developing and selling websites is profitable, but the true money lies in retaining your profitable assets for long term gains, rather than short term cash flow.

Unfortunately, whilst I had student debt looming over my head I didn’t have this luxury, and so I continued to sell everything I owned until I was “out of the red and into the black”. Now I want to concentrate on retaining assets unless I cannot add to their value.

Between now and 2010 my targets are as follows..

  • All valuable domains have a fully functioning website
  • 1st page ranking for 50% of live websites
  • Monetise ranked websites
  • Sell assets that cannot be built on

The first year will allow me to generate further revenue from any sales and plough that money into websites I intend to retain and/or new ventures.

Check back soon for next year’s business strategy!

Good luck with your pursuits,

Khalid.

Monteiths Bar in Edinburgh

Khalid / July 10th, 2009 / No Comments

If you are ever thinking of visiting Monteiths Bar for a drink or meal, please read this first!!!

Christy and I like to go out for a meal once every week if we can, and sometimes we’ll get together with friends and do something special.

Last week, Thursday July 2nd, Rob invited me out with his girlfriend Amy, and we went along with Stephen and Catherine too. Stephen also brought his cousin, who was over from South Africa. Christy’s birthday was the day before so it was nice to get out with friends and have a few drinks.

Rob had booked Monteiths Bar on the Royal Mile, so I did a quick Google check and unfortunately read some not-so-good reviews. Rob had been there before and assured me it was a nice place, so we ignored the reviews and went ahead.

Upon arrival, the waitress – who turned out to be the manageress – forgot Stephen’s drink, then turned up with three cocktails instead of two. Easy mistake, so we let it slip, despite waiting a further 10 minutes for his drink.

When it came to ordering food, the menu had only a handful of dishes on it, and a few were not available, making our choices very limited indeed. However, we let that slip too, and I ordered a pastry covered meat dish…which the waitress advised would take 35 minutes to cook as I wanted it well done! 35 minutes to cook a mains is a joke, especially in a professional kitchen!

I can’t remember what Rob ordered, and that’s because his meal was never cooked. You see, the waitress forgot to order Rob’s food, thus we all ate whilst he watched. He was told about 3 times his meal would be “5 minutes” and after about half an hour, he cancelled his order. Seemingly the food was “being dished up” by that point.

Whilst he was waiting, Rob ordered a cocktail, which the waitress – remember also the manageress – didn’t know how to make. She asked one of her staff “do you know how to make this drink”. Who allows someone to manage a cocktail bar not knowing how to make the cocktails on the menu? Rob’s drink didn’t turn up until he reminded the waitress about it.

Upon fishing our food, Rob asked to speak to the manager, which we found out was the waitress who had been serving us. She apologised without much sympathy and didn’t really do much to retain us as future customers. She removed Rob’s cocktails from the bill and discounted 10% from it, however it felt like she couldn’t wait to have us leave because of the embarrassment.

I left my business card as the bar had no contact information for the owners. I requested one of them contact me and I was assured this would happen. 7 days later I am still waiting on that call.

One mistake you can live with, two is simply careless and three or more is a joke, especially in a place that charges £25 for a main meal and £7 per cocktail. As a result of their gross negligence, general attitude, crap service and failing to call me, Rob setup Monteiths Bar Sucks to ensure others know what to expect.

We’re not out on a mission to sabotage the business, but after the service we received we wanted to let the World know how rubbish Monteiths Bar in Edinburgh was.

If the owners ever read this, I hope it has served as some useful information on how your business is being run.

Khalid.

June 2009 Earnings

Khalid / July 6th, 2009 / 2 Comments

June was a quiet month for me earnings wise as I have been concentrating on startup projects and not in a rush to sell anything. Adsense project me in just over $60 and I had a few quotes so we could say daily earnings we at $3.

I managed to bag a nice new name back in an old market I used to earn from. The last time I checked the plural was for sale at over £6,000 so my investment at very low £xxx was a bargain in my opinion.

The plan is to rank and monetise this site so it will pay for my part time article writer to update three websites three times per week. I will re-visit these websites in 6 to 12 months once they are established to begin ranking them for their chosen terms.

Good luck with your pursuits,

Khalid.

To A Friend

Khalid / July 1st, 2009 / 3 Comments

I dedicate this post to my friend, Jamie Cockburn, who has sadly passed away after suffering from extremely fast acting leukemia. He continued to fight until the bitter end, surviving two leaks to the brain, nearly two weeks of chemotherapy twice a day and cardiac arrest. At 24, his life was stolen. The doctors decided it was best to switch off his life support as it was cruel to keep him suffering.

This poem is by Charlie Daniels…

A brief candle; both ends burning
An endless mile; a bus wheel turning
A friend to share the lonesome times
A handshake and a sip of wine
So say it loud and let it ring
We are all a part of everything
The future, present and the past
Fly on proud bird
You’re free at last.