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 Which online business to choose? My true story, This is my personal true experience

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TSsunny2008
post Mar 7 2012, 04:39 PM, updated 6y ago

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I know there are so many people who want to have real online income and earn online. Too many people struggling and getting conned by BS training programs. Let me share my true story if that can help you in anyway.

I came to Malaysia 3 years ago after winding up my Technology consulting business in Australia.

The first thing I did was by attending seminars of SUCCESS RESOURCES. I attended many of those seminars and attended many of the courses. I spent considerable amount of money and time. I won't say it's all bullshit but at least I learned few things. I would say 5% of my knowledge came through those courses but mostly were all rubbish. And yes, true, majority of these guys do earn from their followers and training programs online.

If anyone has heard of Even Chia, ok, what I learned from him was about Adsense/Micro niches. Being a very aggressive businessman, the first thing I did, setup 200 micro niches and started buying many adsense websites from flippa in those days. I spent about MYR200K while aggressively buying many adsense based websites. My earning reached something like RM10K per month because I had been buying many existing established websites. I am talking about end 2009 and early 2010.

Hmmm, my experience. Not really cool. Still struggling because I kept spending more and more to buy more and more websites but not all sites can last longer and they can't keep making money unless you spending equally on SEO which cost too. I was new so I kept trying whatever methods I could and pushed my adsense income max to RM15K. That was the peak. The challenge was to maintain this income which was hard because many older sites keep loosing income over time due to lack of SEO work and not every new site was good enough. So I kept struggling. You may think RM15K revenue is cool enough, however please note, I was not alone. I had a team of few staff members working for me. I come for a corporate background and very corporate mindset. I won't work from home or work alone by myself. I would rather rent office space, hire few people and get them busy on my projects. What for I am in business? I am in business not to work so hard and work day and night. I am in business to work as little as possible but earn as much as possible. I know many won't agree so let's not argue on this point smile.gif

In the meanwhile, I started trying affiliate commissions and I bought many affiliate commission sites. Affiliate commission wasn't cool enough because I got many of my google adwords accounts suspended because google wasn't happy about such sites. I tried many things, I worked on forum marketing, blogs, ads, affiliate, adsense and the max turn over I reached was RM30K. Please note, this is just the turn over, it does not come in my pocket because I don't work alone. I have my team of developers who get all sites ready for me and follow whatever I need them to do. I had admin girl, I had accounts girl who in fact handling my left over Australian business which was feeding the business for sometime.

I had blown up more than RM500K already while trying too many things, however I could say yes, I had online business, I am surviving but it's not something too good either because every day we had challenges, every day trouble, every day getting accounts being suspended on forums, google, affiliate sites. Because of my past technology background and experience, I had many virtual machines, every VM has an IP of different country and I manage many different accounts from many different countries. I did everything I could. The biggest challenge is capital. I had a land in Australia, I sold, I had a lot of my stuff that I sold off. I basically sold off most of my assets. I had a house here in malaysia, I did re-financing to get more money out of it. I had to take loans, cards and everything and at the same time had to keep up with my monthly payments.

Mid year 2010, I met someone who told me about selling on Ebay. In fact I had an ebay account since year 2002 that I used as a buyer mostly. I may have hardly sold 2-3 garage items the max. I had no idea how people make living out of ebay. I spent RM5K and sent 2 of my staff members to go and learn ebay and come back and we try this ebay thing. The trainer was Mr Chan of Netbiz. He is my good friend with his office in Sri Petaling smile.gif

We sold couple of things on ebay and I could see that we can make some money here. This is where I got myself personally into this area and started exploring it aggressively. I started buying things direct from Chinese factories and started selling them on ebay Australia, ebay malaysia, Ebay USA, however severe competition won't let you earn much. My total business volume was between RM50k-RM60K by that time. I gained enough experience competing on ebay and I started expanding the business aggressively to websites, amazon and too many other channels including lelong, mudah, kijiji, souq.come etc. The most profitable of all is always your own website. And website can't make money unless you spend aggressively on SEO of your website. I had been growing it all aggressively. This year was tough because I had sold off all my assets by that time and with little left over, I had been growing the business. I flew to US and UK just to setup my companies over there and to setup my Amazon accounts under company names in these countries and shipped many of our products to their warehouse. I managed to get my accountants in these countries for yearly accounts, filing and taxation purposes. It becomes more complex when you have legal company setup in different countries and I went this far.

Now, after almost 1.5 years, Ecommece is my only and only business. I have sold most of my affiliate/adsense websites. I have many ecommerce sites. We selling almost MYR300K a month and had a turn over of more than MYR3+ MIL in just 1 year smile.gif I have more than 20 people in my team sitting in Philippines, Pakistan and Malaysia. However I still have a long way to go and achieve a lot more than this.

So if you say that people don't earn online then this would be wrong or if you say people bullshitting and earning from their followers only then this would be wrong too. I don't have followers. However yes, I am building up because too many people want to learn from me on how did I build up my Ecommerce business and in fact I started giving lectures already in US/Canada and now doing in Australia and few other countries. However remember, earning from training is not the income I consider as online income. It has got nothing to do with the online income that I developed through ecommerce. The only purpose of those training programs is just to build an army for myself where we can create a bigger impact together with that army such as product branding, bulk buying wholesale deal where I know I have an army who can sell it if required. So I can't consider the training programs income to be my online income.

For me, my pure net online monthly income would be anywhere between RM30K - RM35K max at the moment. However remember, IT IS NOT IMPRESSIVE. Because I have burned up RM1 Million of my own capital to reach this stage. So for me this is not impressive what I have achieved. I wasted most of my money in those stupid training programs, adsense, affiliates, trials and too many trials and experiments. After too many trials and experiments I finally reached Ecommerce. So my real investment on ecommerce business wouldn't be more than RM100K but the earlier 900K was wasted in experiments.

I am very positive. Now I have got a great business model and I am expanding it very fast and reaching RM10MIL in annual revenue is not more than 16-18 months away. At least I am on the right track. smile.gif

Remember, ecommerce may not be right for you or everyone. I know there are people earning tons of cash in adsense but I couldn't achieve that despite my aggressive business attitude. So my point is that not everything can be your cup of cake. At least for me Ecommerce is the future and I am good in it smile.gif

Thanks
Sunny Ali

This post has been edited by sunny2008: Jun 7 2020, 12:40 PM
nauman
post Mar 7 2012, 05:26 PM

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Wow, I like your motivation. I think this thread should be pinned so others can learn from your experience too.

Would like to have a 1 to 1 conversation with you smile.gif

gregghawes
post Mar 7 2012, 06:14 PM

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Completely with you, adsense is a waste of time and money for anyone that wants to make a living online, its for people that have well established websites that weren't built to make money but for a love of what your blogging about. Ecommerce is so easy to make money from, there is less competition and high profit margins. You dont even need your own products, just check out what your friends are manufacturing or selling and profit share. My most profitable website is a 4 year old PR1 website with less than 250 visitors a day selling bathroom fittings that cost between 0.50rm - 15rm each for the UK market and makes rm6k profit a day, if i stopped selling products for that website and put ads on it, I wouldn't even be able to buy a coffee.

The most valuable skill you can have to make money online is SEO, the better anyone is with SEO the more money they can make.

This post has been edited by gregghawes: Mar 7 2012, 06:21 PM
LisaSurirumah
post Mar 7 2012, 06:32 PM

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i am speechless.. i wud love to become like you but it must be backed up by having tonnes of money.. unfortunately, my source of income is innity.. sad.gif
TSsunny2008
post Mar 7 2012, 06:40 PM

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Absolutely correct. Adsense is perfect if you are real genuine blogger who is posting not for the purpose of making money but out of passion and for you it is free money now smile.gif
For typical marketers who want to use Adsense as an IM tool, it doesn't really work well.

QUOTE(gregghawes @ Mar 7 2012, 06:14 PM)
Completely with you, adsense is a waste of time and money for anyone that wants to make a living online, its for people that have well established websites that weren't built to make money but for a love of what your blogging about. Ecommerce is so easy to make money from, there is less competition and high profit margins. You dont even need your own products, just check out what your friends are manufacturing or selling and profit share. My most profitable website is a 4 year old PR1 website with less than 250 visitors a day selling bathroom fittings that cost between 0.50rm - 15rm each for the UK market and makes rm6k profit a day, if i stopped selling products for that website and put ads on it, I wouldn't even be able to buy a coffee.

The most valuable skill you can have to make money online is SEO, the better anyone is with SEO the more money they can make.
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Added on March 7, 2012, 6:45 pmDear Lisa,

I agree. What I have done is extreme. Not everyone would have luxury to spend or risk a million ringgit to try and experiment something. To be successful you gotta have money + experience + brain + capability with passion & determination.

However what can work for you or many of my friends now? Learn from my experience. This is the best you can do. I have destroyed enough cash in this learning exercise. Those so called Success Resources Internet gurus did not teach me anything that I wanted from them. However I kept spending and kept experimenting and after spending so much money I have come to the conclusion that Ecommerce is indeed the best and worked well for me. So now, you don't have to spend money in any experiment and trials.

Now at least you know someone who has made money out of ecommerce and very soon I am going to post all my training on this forum absolutely free. I'll put step by step guide on how to find profitable keywords, profitable niches, how to do product research on internet, on ebay using terapeak and how to source, and where to sell and how to sell. So it's all free because I am simply passionate about what I do. So if you are capable and able to grasp what I am teaching then you do it yourself with little cash and feel free to ask me questions you have. I am happy to assist smile.gif

Thanks
Sunny

QUOTE(LisaSurirumah @ Mar 7 2012, 06:32 PM)
i am speechless.. i wud love to become like you but it must be backed up by having tonnes of money.. unfortunately, my source of income is innity.. sad.gif
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This post has been edited by sunny2008: Mar 7 2012, 06:45 PM
danisoft
post Mar 7 2012, 09:47 PM

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Seeing the responses, I believe this post should be pinned to help others also. smile.gif
Kellyogr8
post Mar 7 2012, 11:13 PM

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I want to start doing business online but I don't have any clues until I see your quot. I attended few of the success resources however I have not signed up any of them because their story didn't convince me. And your experience is a good one. Thanks for the sharing May I know where to get more information. I really look forward to attend your training. Thanks again.

This post has been edited by Kellyogr8: Mar 7 2012, 11:57 PM
Saady
post Mar 8 2012, 08:46 AM

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Very nice post, but there are many questions in my mind. I am coming next week to KL, Can we schedule a meeting please?
TSsunny2008
post Mar 8 2012, 11:47 AM

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Sure dear, anyone can reach me on sunny@extremecommerce.org. I'll be glad to assist. No worries.

Thanks
Sunny
iWill
post Mar 8 2012, 11:59 AM

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Why only in 2010 you know about eBay? It's been around since 1995...
TSsunny2008
post Mar 8 2012, 12:16 PM

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I had ebay account since 2002. Only had been using it to buy products and occasionally to sell few things. Never used it commercially before for the purpose of business. smile.gif
Got it suspended within months of selling things aggressively due to many violations which I took very lightly as I never knew ebay is so tough, opened second account, got suspended, 3rd also suspended because someone filed a fake VERO on it. Now operating many in many countries through various IP addresses in virtual machines under different IDs of customers.

QUOTE(iWill @ Mar 8 2012, 11:59 AM)
Why only in 2010 you know about eBay? It's been around since 1995...
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iWill
post Mar 8 2012, 01:22 PM

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QUOTE(sunny2008 @ Mar 8 2012, 12:16 PM)
I had ebay account since 2002. Only had been using it to buy products and occasionally to sell few things. Never used it commercially before for the purpose of business. smile.gif
Got it suspended within months of selling things aggressively due to many violations which I took very lightly as I never knew ebay is so tough, opened second account, got suspended, 3rd also suspended because someone filed a fake VERO on it. Now operating many in many countries through various IP addresses in virtual machines under different IDs of customers.
*
You run RDP using window servers? That too will get you caught eventually.
TSsunny2008
post Mar 8 2012, 02:04 PM

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QUOTE(iWill @ Mar 8 2012, 01:22 PM)
You run RDP using window servers? That too will get you caught eventually.
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It can't. I have been using them for long enough. We disable the routing table so VM won't go out without VPN of that country. For every account we have different VM with their country specific VPN. We never mix them around to avoid cookie caching and stuff.
3antz
post Mar 8 2012, 02:36 PM

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Hi Sunny, thanks for the great sharing.
I have a question if you would. You mentioned about having employees in various countries, but what about stocks? Do you ship them from your home country to whichever part of the world it is coming home or do you stockpile them? Hope to hear your input on this. Thanks in advance smile.gif
TSsunny2008
post Mar 8 2012, 03:09 PM

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Dear, our biggest warehouse is here in Bandar Tasik Selatan where we stock majority of the products. We also stock them in Amazon's warehouse in USA. So we can decide weather we ship the item from KL or we ship using Amazon's shipment if the order has come from US. We also stock in China, however we don't ship to customers from china because shipping from china may not give them a good impression specially when you have your custom built brands. So Chinese warehouse is only for the purpose of long term storage from where usually ship them to Malaysia via sea freight.

I hope this helps smile.gif
Thanks
Sunny

QUOTE(3antz @ Mar 8 2012, 02:36 PM)
Hi Sunny, thanks for the great sharing.
I have a question if you would. You mentioned about having employees in various countries, but what about stocks? Do you ship them from your home country to whichever part of the world it is coming home or do you stockpile them? Hope to hear your input on this. Thanks in advance smile.gif
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nauman
post Mar 8 2012, 04:23 PM

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Your story is really inspiring and motivating...

Since you are talking about ebay, I have a question... I am new to selling at on-line auction. What sells the best on eBay? What doesn't sell? also if I want to start an online business is their any legal obligation involved, like formation of a company or other bylaws.. ?



QUOTE(sunny2008 @ Mar 8 2012, 03:09 PM)
Dear, our biggest warehouse is here in Bandar Tasik Selatan where we stock majority of the products. We also stock them in Amazon's warehouse in USA. So we can decide weather we ship the item from KL or we ship using Amazon's shipment if the order has come from US. We also stock in China, however we don't ship to customers from china because shipping from china may not give them a good impression specially when you have your custom built brands. So Chinese warehouse is only for the purpose of long term storage from where usually ship them to Malaysia via sea freight.

I hope this helps smile.gif
Thanks
Sunny
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Chuckiekey
post Mar 9 2012, 11:30 AM

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wow, you are really lucky to have such knowledge. btw, so free to type so much?
iWill
post Mar 9 2012, 11:52 AM

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QUOTE(sunny2008 @ Mar 8 2012, 02:04 PM)
It can't. I have been using them for long enough. We disable the routing table so VM won't go out without VPN of that country. For every account we have different VM with their country specific VPN. We never  mix them around to avoid cookie caching and stuff.
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I hope you didn't try to outbid another buyer on your product to gain more profit that way.
TSsunny2008
post Mar 11 2012, 12:04 PM

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No way smile.gif This is called Shill bidding and ebay is smart enough to detect it and suspend the account right away. By the way we don't do any auctions at all. We only do fix price listings smile.gif
QUOTE(iWill @ Mar 9 2012, 11:52 AM)
I hope you didn't try to outbid another buyer on your product to gain more profit that way.
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iWill
post Mar 11 2012, 12:15 PM

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QUOTE(sunny2008 @ Mar 11 2012, 12:04 PM)
No way smile.gif This is called Shill bidding and ebay is smart enough to detect it and suspend the account right away. By the way we don't do any auctions at all. We only do fix price listings smile.gif
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Ok. Guess you just use a few accounts for the items to get better chance of selling.

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