Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.

Friday, 1 May 2009

How do I hone my execution abilities?

(Thanks to Ethan Bauley's little blurb that inspires this post)

I have talking a lot about visions, ideals, strategies et al but very little on execution, which is equally important. I remembered once how my inadequate execution has lead to a disaster by a startup. So, vision and execution has to go hand in hand.

What do I mean by execution? I am referring to understanding processes. Seth Godin called this emotional intelligence:
Process, on the other hand, refers to the emotional intelligence skills you have about managing projects, visualizing success, persuading other people of your point of view, dealing with multiple priorities, etc. This stuff is insanely valuable and hard to learn. Unfortunately, it's usually overlooked by headhunters and HR folks, partly because it's hard to accredit or check off in a database.
My day job already allows me to learn about execution on national level projects. I want to get my hands a bit more dirty. So, I had to go beyond my day job. This is the stuff that I had done to hone my execution skills in startups.

Doing product development with startups
I spent at least a working day every week helping out at 3-4 startups. I participate in the product development aspect and sometimes maybe be the project manager. Through this, I have learn to communicate the project vision so that everyone understands and are motivated by its ideals. I enjoy this aspect tremendously as it connects my ideas to actual implementations.

Making connections

This is pretty abstract but I am referring to the art of convincing people so that connections or partnerships happen. I find this to be extremely difficult to master, although it is absolutely essential. This ties in with the art of communication in general but it is more subtle. For example dropping suggestions at the right moment to connect people.

Learn interaction design
I am not a coding guy. So, I try to complement the startups by picking up the skill of interaction design. Most of the founders are techies so what I bring to the table is something they are lacking. How do I learn? Practicing and constantly referencing stuff like this and this. Doing the actual designs is also a good way to communicate your ideas.

There is more to execution than what I have described. If you have anything to share, do drop a comment as well.