Didn’t get the ALevel results you were hoping for? So what!

That day has arrived again – ALevel results day. Around this time each year, thousands of kids are nervously waiting for their results which will determine if their life is going to be successful and happy or if it is going to be a miserable existence – at least that is what they think.

But here’s the thing -  the results of your A Levels are not as important as you may think in determining if your life is going to be happy one or a miserable one, no matter what your parents or teachers tell you. Obviously in some cases your Alevel results will be important, if you need them as a stepping stone to a career you are dead set on pursuing such as a solicitor, doctor or teacher, as you will need the grades to be able to go to University and carry on that path.

However the majority of young adults (16,17,18) do not have a clue what they want to do for a career and therefore will usually choose something they MAY have a remote interest in and then continue to follow this path in university also. I personally know lots of people who have chosen the wrong path in both school and university and have wasted years of their lives doing something they have no interest in.

I know people who have left school with literally nothing and have become successful doing things they actually enjoy as opposed to what they THINK they might enjoy. I know others who have been to University, spent years studying and qualifying in their chosen subjects, have £10,000′s of debt and now work in Mcdonalds as a choice. I know PLENTY of people who have gone to University, spent years studying subjects they had no interest in (or have lost interest in),  have £10,000′s of debt and are now self employed or working in a job which they could have got without going to University and have never been happier.

The key to a happy life is exactly that – choosing something that makes YOU happy, not your parents or your teachers. People laugh at Mcdonalds workers and look down at them, I am the total opposite as I think they show the best characteristics of someone who wants to achieve something in life vs moaning that the world owes them a living.

If you haven’t achieved exactly what you wanted from your ALevel results today, then don’t stress and just use this as an opportunity to reassess what you are doing – are they the right choice for you ? will you be happy if you do achieve them ? if the answer is yes, then you can always resit them next year and carry on as planned – remember life isn’t a prewritten book,  you are the one who writes the pages. If the answer is no, then this blog post has shown you that there is more than one way to be happy in life and to rethink what would make you happy and to maybe follow a different path.

I will leave you with one of  my favourite quotes – “When I was 5 years old, my mum always told me that happiness was the key to life. When I went to school, they asked me what I wanted to be when I grew up. I wrote down “happy.” They told me I didn’t understand the assignment and I told them they didn’t understand life.” Anonymous

Making money isn’t complicated – people make it complicated.

Seeing as I haven’t blogged for a while, I thought I would spend 30 minutes on this rainy Sunday afternoon writing this short blog post.

The title says it all. Making money isn’t complicated – people make it complicated. Too many people think that making money is complicated or too hard, when in reality it isn’t. I am not going to write a huge boring essay on why making money is easy and people are looking at it all wrong, but I am going to show you a very simple example of what I mean.

If I said it was quite easy to make £100,000 in a year from now would you believe me ? You would probably say it is impossible and it couldn’t be done. However if you concentrated on what is actually possible you would actually realise it is easy to make £100,000 in a year from now if you don’t think too hard about it and overcomplicate things. Instead of thinking of it as an impossible goal, why not try and make it a possible one ?

Let me give you an example. To make £100,000  in a year from now, all you need to do is find something which you can make £50 profit on and sell 2000 of them. That would be 2000 x £50 = £100,000. I think most people can now see that making that £100,000 in a year isn’t as ‘impossible’ as they first thought.

It could be anything from items purchased in bulk from China and sold on eBay for a profit, to buying second hand items from sites such as Gumtree and reselling them for a profit on eBay or similar sites. If you don’t have any money to start buying anything, then you can even get stuff for free from sites such as Freecycle or Freegle where millions of people give stuff away for literally nothing. So there really is no excuse to not start making extra money. Stop complicating things and using complications as the reason you haven’t started doing something, as they are just excuses.

The point of this post isn’t to make out that making £100,000 in a year is as easy. It is to point out the fact that seeing things different can go a long way in making money, and applying this logic to other things will go a long way in helping you achieve your goals.

I have always been an active believer in reinvesting profits into your business to make you more and more money as time goes on. It is very hard to stay focused on a business without taking some money out for your “efforts” and “reward” but I believe that this is one of the biggest reasons that most SME businesses fail. So remember, if you start making money then reinvest that money back into your ‘business’ as that will be your biggest stepping stone to success and it is how every successful business has been built up to what it is today.

Happy Sunday !

My favourite story of all time

I thought I would share this little tale with you all, as I have shown a few people over the years and it still makes me smile everytime I read it. It is not my story but I read it somewhere and decided to save it a few years ago. I saw something today which reminded me of it, so I have decided to share it with others.

Greece Fisherman

A management consultant, on holiday by the beach in Kos, watched a little fishing boat dock at the shore.

As usual he started calculating the ‘pro’s and con’s of the visible outcome’. Noting the quality of the fish, the consultant finally  asked the fisherman ‘How long did it take to catch them?’

“Not very long.” answered the fisherman.

“Then, why didn’t you stay out longer and catch more?” asked the consultant.

The fisherman explained that his small catch was sufficient to meet his needs and those of his family.

The consultant asked, “But what do you do with the rest of your time?”

“I sleep late, fish a little, play with my children, have an afternoon’s rest under a coconut tree. In the evenings, I go into the community hall to see my friends, have a few drinks, play the Mridangam, and sing a few songs….. I have a full and happy life.” replied the fisherman.

The consultant ventured, “I have an MBA from IIM and I can help you…… ” He said.

And continued by enumerating the a series of events

1.‘You should start by fishing longer every day for extra fish.
2.You can then sell the extra fish you catch.
3.With the extra revenue, you can buy a bigger boat.
4.With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have a large fleet.
5.Instead of selling your fish to a middleman, you can negotiate directly with the processing plants
6.Depending on ROI and market conditions, Maybe even open your own plant.
7.You can then leave this little village and move to a city or maybe even out of India.
8.From there you can direct your huge enterprise.’
Quite a business plan it was, hearing which the fisherman asked, ”How long would all that take?”
“Oh, ten, maybe twenty years.” replied the consultant.

“And after that?” asked the fisherman.

“After that? That’s when it gets really interesting,” answered the consultant, laughing, “When your business gets really big, you can start selling shares in your company and make millions!”

“Millions? Really? And after that?” pressed the fisherman.

“After that you’ll be able to retire, move out to a small village by the sea, sleep in late every day, spend time with your family, go fishing, take afternoon naps under a coconut tree, and spend relaxing evenings having drinks with friends… A beautiful life”

” That’s what I’m doing right now”, said the fisherman and went his way.

Apprentice Candidates 2013

It is that time of year again when The BBC show “The Apprentice” hits our TV screens once again. There is already lots of specualtion as to who the Apprentice Candidates 2013 will be.

This page will keep you upto date with all the latest Apprentice Candidates 2013 and their pictures and profiles, so stay tuned for more soon !

Apprentice Candidates 2013

24 generic domain names purchased

I thought I would do a quick blog post to a list of domain names I have invested in today.

If you have any interest in any of them, then please email me direct frank@34.co.uk and we can discuss further

Her.co.uk
Scrummy.co.uk
Showtime.co.uk
Relationships.co.uk
Whatever.co.uk
Wand.co.uk
Walnut.co.uk
Stroke.co.uk
Confidential.co.uk
Confectionery.co.uk
Dominate.co.uk
Pickle.co.uk
Profitable.co.uk
Treacle.co.uk
Eager.co.uk
Busy.co.uk
Cherish.co.uk
Term.co.uk
RabbitHutches.co.uk
Birth.co.uk
Gizmos.co.uk
Settlement.co.uk
Proceed.co.uk
Might.co.uk

Lord Sugar started his business empire with £50. Or did he ?

Lord Sugar is forever telling us that he started his business with just £50. What he fails to mention is that was in 1968 and £50 back then would be worth approx £715.50 today according to the ThisisMoney inflation calculator (can be seen here)

Lord Sugar

Whilst I admire Lord Sugar for his achievements, I feel a comment like that is totally misleading to his ‘Apprentices’ and in particular his ‘Junior Apprentices’.

Maybe in this years series of ‘The Apprentice’ and ‘The Junior Apprentice’ he should inform them of that minor detail he seems to have left out previously. A true entrepreneur knows that attention to detail is critical to success, and it seems rather silly to leave out such a crucial fact like that.

Question time with Frank Paul – Talk to Frank !

Happy New Year everyone ! I hope you are all looking forward to 2013 and are creating opportunites for yourselves to enable a better quality of living and give yourselves more freedom.

I get asked questions all the time both in person and via email, asking what I do, why I do it and how I do it (amongst other things !), so I thought I would publish some of the questions I get asked and share the answers on my blog so all my readers can benefit from the knowledge.

Question Time

Since I done my interview with Siteopia last Friday (link here), I have had quite a few emails from people who had read the interview and wanted to know more. If you would like to ask me a question about ANYTHING then feel free to contact me via my domain website 34 or drop me an email frank@34.co.uk and I will publish the best ones along with my answers on my blog. Rest assured that some questions I will spare your blushes and not publish who actually asked me the question if you prefer.

Here is an email I received from Ian Vaughan who happens to live less than 10 miles from me, asking some questions about domain names :

What sites do you find best to sell your domains ?

I don’t find any sites ‘best’ to sell my domains to be honest. I seldom use Sedo (only a small handful of my names are actually listed on there) and have only used Domainlore.co.uk a few times over the years, and that was usually to offer names I was selling to donate the proceeds to charity. I just let people find me and contact me direct about a specific domain I own and go from there, and also my main domain selling site 34.co.uk usually helps people find me too. This is the best way for me personally and something I am currently doing to aid people in finding me easier is creating a specific landing page on each domain informing them that the domain name is available for sale or lease and my contact details to get in touch.

What sites do you use to value your domains ?

I don’t use any sites to value my domain names as there is no such thing as an accurate ‘machine’ calculation for the value of any specific domain name as there are too many factors to take into place, not to mention the most important one – someone who wants to buy your domain will only pay a maximum price they want to pay and what it is worth to them, regardless of what any machine says. I value my domains on a number of factors, which is coupled with experience of the domain business along with the size of the market of that individual domain and what I feel the domain name is personally worth for me to let go of the domain and the opportunity. Every domain I own has the potential to be turned into a real money earning business and sometimes it is hard to let go of specific domains I have become personally attached to because of this.

Do you develop your domains into actual sites and monetise them with affiliate partnerships, lead generation or adsense until they sell or just park them on the likes of SEDO and wait for a buyer?

There is no one answer for that question as I do a combination of all of them. Some names I develop into actual sites and monetise them with lead generation, ecommerce, affiliate marketing or even a ‘real’ business and other names I will do nothing with until either a). I get around to developing the name OR b). someone wants to purchase the domain name from me.

What do you look for when buying domain ? a recent post mentioned looking at a high CPC but I would look more toward exact traffic volume and low competition

I never look at the CPC when buying a domain. I can spot a good domain a mile off and if it whets my appetite in the first 3 seconds of me seeing it, I will then begin to assess it further. I go through a mental ‘tick box’ scenario such as “How big is the industry”, “Does the domain have multiple uses”, “Are there lots of others who could be interested in this domain”, “Could I monetise this myself and how”, “Does it get lots of searches” etc.

Hope that helps Ian and good luck in 2013.

One other question I thought would be fun to add to this first post, was from someone who will remain anonymous :

I notice from the pictures I have seen of you, that you have Jedward style hair – is that intentional ?

Lol nice question ! I can assure you it is not intentional and I had never even thought of this until you asked me. Thanks for the question though, hope that satisfies your curiousity :)

If your business operates from a .co.uk domain name, you should be VERY worried !

The new .uk proposal could put your established .co.uk website out of business

The new .uk proposal could put your established .co.uk website out of business

If your business operates from a .co.uk domain name then you should be very worried about the recent proposal from Nominet (they are the apparently “not for profit” charity that looks after every .uk domain)

They are planning a new ‘safer’ and shorter alternative to the current .co.uk (and .org.uk) domain names which will be .uk – sounds great yes ? In theory it does, but when you actually look into what Nominet is proposing it is actually very alarming, and as a business owner in the UK you really need to take note and action to what the Nominet proposal could do to your business before it is too late, and you are displaying a ‘CLOSED – OUT OF BUSINESS’ sign on your website.

Would you be happy for a potential competitor to set up a website on the .uk equivalent of your .co.uk domain name which you have been building for years and has cost you bundles of cash ? Confusing your customers who have been visiting your established .co.uk website for all those years AND losing you £1,000′s of business in the process ? Of course you wouldn’t but surely Nominet wouldn’t let that happen anyway would they ? THEY ARE !

In the current proposals, the current .co.uk owner of any given domain name DO NOT HAVE AUTOMATIC RIGHTS to the .uk equivalent of their .co.uk domain name which they have spent years and countless money marketing and building up their brand and website, only to be shafted by the very people who are supposed to be looking after them.

The UK economy has suffered from a devastating double recession over the past couple of years with 10,000′s of businesses stopping trading and going bankrupt - if you were fortunate to survive the recession then you may not be so lucky with this – do you really want to go out of business due to a totally flawed proposal ?

Edwin Hayward a UK domain name expert since 1996 has compiled a document aimed at showing UK business owners the issues they face with the new domain name proposal and I urge EVERY SINGLE UK BUSINESS OWNER to click here and read this document and the effect it will have on your business if this proposal goes ahead.

DON’T GO OUT OF BUSINESS DUE TO IGNORANCE ! IF YOU CARE ABOUT YOUR BUSINESS, YOU NEED TO READ THIS NOW !

What Is Twitter and How Does Twitter Work ?

What is Twitter ?

Living in Wales where colour TV has only been available since 2009 and people parade around their Nokia 3210 like it is an iPhone 5, it will come as  no surprise that Twitter is virtually unheard of. The people in Wales who use Twitter usually fall into one of the following four categories of people :

1. The young trendy people who usually have it on their latest iPhone
2. The ones who are trying to talk to celebrities, so they can tell their mates down the pub that they once spoke to Keith Chegwin
3. The people who have opened an account and tweeted a single tweet which compromises of “Just joined and trying to figure this out”
4. Those who are trying to promote their businesses in a different way to the others in Wales who put up a notice in their local corner shop pushing their ‘earn £200 a week stuffing envelopes’ type businesses.

When I am out in Wales watching over my flock of sheep and listening to the harp playing in the distance, I often get asked by people if I am on Facebook, to which I reply ‘I prefer Twitter to be honest, so you’re better off following me on there’ to which I am met with A.  a vacant stare OR B. ‘what is that mush’ so I decided to do a blog post so I can direct people to this self explanatory post instead of trying to explain to them.

So what actually is Twitter and how does it work ?

Twitter is a social networking website which comprises of short updates (tweets) that have a maximum length of 140 characters. Individuals, who use Twitter, are usually people who want to quickly update their followers about what they are doing or interact with others who they may or not be following. Twitter is mainly used for socialising but an increasing number of businesses are now using Twitter for promoting their own companies and they are gaining followers whom they can inform about their brand and company products, and therefore providing a great connection with a potential customer.

‘Followers’ are those who want to be updated about a persons or companies tweets and if they are following that person or company, then their public tweets will appear in their ‘timeline’. If you decide to follow someone on Twitter, then that person or companies tweets will appear in your own timeline.

You can ‘tweet someone’ by starting the tweet with @theirusername (‘theirusername’ being the person’s username on the Twitter website. So mine would be @TheFrankPaul).

If you are following someone on Twitter who is also currently following you, you then are able to contact that person via ‘direct messages’ (which are more commonly known as private messages)

If you would like to follow a young, trendy, iPhone using, Welsh, celebrity liasing , business promoting tweeter then you can follow me by clicking the link below.

follow THE Frank Paul

This “world wide web” will never catch on The Sun 20th May 1991

The Sun 20th may 1991