Today is the end of my $500 challenge and i regret to say that i actually failed to meet my target. I failed miserably. Through this challenge, it makes me realised important values that i am lacking and on the other hand, i learnt my mistakes as well.

So why did i failed to meet my target? One fatal mistake is ” LAZY!” As mentioned, my plan to make that $500 is to make 10 niche sites, selling each for $50. And up to now, i only done 2 niche sites. Why is that so? Because i had been telling myself, “Hey relax, theres still tomorrow, i will do the others tomorrow, will rest and slack for today!” And due to this, i only spent around 2 days instead of the whole month to do the sites. I am disappointed in myself. Have been thinking, if i am consistent, am i able to meet that target? I still remember a very “nice” advice given by one of my lecturer, mr eng. He told us about the 2.4km run thing. What he trying to protray to us is never do last minute work and tell us to always be consistent in our work.

Another thing i learnt is the competition in the industry. I guess i seriously need to improve my skills. I am lagging damn behind. Apart from listing my niches sites for auction, i had been observing other niche sites as well and while observing, i felt so depressed. There are far lot of niches site that are FAR better then what i had created and are selling at lower price. This is another very important thing that is lacking in me. I lack the skills in web developing and designing. Looking at those sites allows me see the “light”. I sucks in web designing and development. This is quite a setback for me, as i have always been thinking that developing websites is my ”strongest weapon” that i had. This make me realised that if i did not put in the effort to improve my skills, i will not be able to survive in this industry sooner or later. Competition is stiff and your competitors never wait for you. This is what i realised.

Things had been going smoothly for me in the past 2 years and i think that this make me “slack” and makes me NOT to realise that importance of upgrading oneself. You maybe good at this point of time, but as times goes on, things may change. You may find yourself lagging behind people that you once surpassed. While you have been thinking in your sweet dreams, ” i am good, i can train lesser, my competitors wont be able to surpass me”?, your competitors had been training consistently and finally there will be a day where they totally surpassed you.

Although i failed in this challenge, i am not going to stop here. I will be picking myself up, improve things i lack, and then, when i feels its time again, i will challenge myself again..

Below is how much i earn : $50 for one niche site, and $60 for another.

So in total, i only earn $105.66/$500.00 and this is an utterly defeat for me.

As promised, congratuations to Mr Hong Beng Hwee and Mr Mike J. Pruett for being the winner of the domain name lucky draw. Had sent an email to you regarding how you will be receiving the domain.