Mohamad Alasadi

Why Having Multiple Sources Of Income Is Important In 2022 Did you know that millionaires have, on average, seven sources of income? This means that at any single given time, millionaires are earning income, be it passive or active income, through seven various methods. No matter what your professional goals are, everyone would love to build income streams that contribute to their earnings and help them reach their goals in life . After the pandemic took its toll in 2020 many people realised that the status quo they've blindly been following all was a lie and that their jobs are not as safe as they thought. People quickly realised how finding alternative ways to pay the bills is no longer just a luxury, but a necessity. The gradual rise in popularity of the gig economy has led to hundreds of thousands of people finding new ways to monetize skills that may have been dormant in the past. Whether that's through becoming a freelancer on Fiverr or a driver on Uber, technology ...

6 Signs That You Have A Great Business Idea A big mistake many entrepreneurs make is guarding their newfound business ideas with their lives. A business idea is worthless, it's just an idea, a thought that hundreds, even thousands of others around the world have probably thought before. The issue, a lot of times, is not finding 'THE' business idea, the problem is more so narrowing down your choices based on all the options available. A while back, I wrote an article that outlined a list of 102 lucrative business ideas entrepreneurs can start . The article talked about 102 different opportunities that anyone reading the article had the opportunity to dabble into. However, entrepreneurs don't need 102 business ideas, they need one solid idea that they stick to . While there are a ton of opportunities available, not all businesses are made equal. There are subtle factors that one must consider when narrowing down their list of business ideas. These factors can help you s...

5 Ways You Can Use Social Media To Your Advantage Social media is a double-edged sword. While the majority of people are at the mercy of the digital world, there are a handful of people harnessing its power to their own benefit. These people have managed to turn social media into a relentless force of good, earning them an income , reputation, or whatever else they yearn for. However, most people who spend their time online are in fact wasting their time. Research shows that people spend, on average, 3+ hours per day on their phones, browsing through various social media platforms. Within a month, those are 90 hours spent on social media, adding up to 1080 hours per year. In theory, if you spend those 3 hours per day reading a book , you can get through 204 books per year. This, of course, assumes that the average: Reading speed is 250 words per minute Book length is 80,000 words It's normal to 'escape' every once in a while and scroll through Instagram , however, it's...

Valuable Lessons Learned From Writing 200 Articles A little over 200 days ago, I set myself a challenge. For the longest time, I struggled to build successful businesses because I hopped from one idea to another , lacking the consistency needed to see an idea through. This weighed on me heavily, and something had to change , or else I could never achieve the level of success I had hoped for . I challenged myself to be consistent - I started a small, personal blog under the domain, mohamadalasadi.com and wrote one article every day. Like everything else up till that point, I thought that this was something I'd quickly leave behind. However, something small and seemingly insignificant turned out to be one of the biggest things I've ever done in my life. 100 days after the challenge had commenced, I wrote an article called ' 100 Days 100 Blog Articles Later: Lessons I Learned .' This article talked all about the lessons or skills I had acquired over the last few month...

3 Business Ideas You Should Avoid Starting Starting a business is difficult . Most people who ever dream of starting and building successful companies quickly find their hopes and dreams crushed by the never-ending burden that comes with this commitment. It takes much more than a great idea to build a successful business. It takes years of courage, years of learning , and years of commitment to finally start seeing some traction. Not only will you be working on a new business, but you will also be working on yourself and your mindset simultaneously . 90% of people, maybe closer to 99% of people, never make it through the adversity. Most people give up at the first sign of resistance. As soon as the going gets tough, they're wooed back into their comfort zones . The remaining bunch usually end up giving up some time down the line. While all business ideas are different, there are some that can literally turn your life into a living hell. Some businesses are nothing but energy, ...