Category Archives: entrepreneurship

01 Jul

Half a year – gone. Summer mood but yet we need to report :)

We marked the first 6 months of 2019, and we kick into the second half of the year. Unlike the beginning of the first 6, now summer is in full swing, so planning for work, achievements and budgeting takes wayyy more effort. 
Having in mind the location where I live – Malta, the island spirit of beaches barbeques and boats, even if you don’t have a boat, the whole laid back feeling rubs on you.

Here are my purely summer goals:

  • I have set a summer goal to get tanned this year – which will happen for the first time in the 6 years I live here – working on that ūüôā
  • Also, I decided to work out more as I found the joke “how to have a beach body 1. You have a body, 2. You go to the beach” too amusing. Which means TLC is needed.
  • I also decided that I fancy having a keto diet, which means bbq as many times as possible – my ancestors will be proud with me :))) 

Hedonistic goals aside, what’s cooking in the financial kitchen of the girl on a journey?

Investment portfolio

With regards to investing I must say that things are steady with the p2p lending platforms. Iuvo group, Envestio and Mintos continued a stable high yield (according to the size of the investment, of course). I have noticed that Envestio has not published any new projects, but I wasn’t going to invest anyway, so for me, it is good enough that the very small amount I have invested there has a stable return.¬† Klear is one of the platforms which is with a conservative yield of 7,5% comparing to other p2p(more than their own prognosis), but they are very selective with their customers. Very rarely there is a credit line with more than two instalments delay. In that respect, I would say a very stable platform where my money feels safe.¬†

A bit of a disappointment with Housers. I invested in a project in April, and it did not collect enough funds, they decided that they will have two more cycles of 20 days of investing, which left my money hanging without generating anything. No breach of rules here, but unlike Envestio who don’t offer any opportunities, they watered down with a bit too many opportunities at the same time. Which led to the slow financing of some.
All my development loans are doing well there. Yet to experience a buy-to-sell profit from the platform, rentals are steady. 

I sold my shares of the only investment which didn’t generate any rental – my very first investment, which I got on the secondary market. When buying from the secondary market, there is no fixed rent. Growth mistakes… 

This month I made a very exotic investment, which will not generate any income in the near future but will increase value with time – I invested in art. An artist I follow since a few years and I think that her paintings beside gorgeous, will increase in value. For now, I will get the pleasure to enjoy the painting.

Debt situation

I have hoped to be able to retire my car debt by my birthday – on the 14th of August. I got a side hustle for that purpose and also some small online gigs. It seems I will get pretty close to that but I have not calculated that some payments come in when reaching a threshold and after a certain period of time. So my small passive income flows will be of help but I doubt all will happen on time for my birthday. Having said that – I will be really close and by October that will be crossed off for sure. 

October is the month I plan to reach my yearly goal for the investment portfolio as well.

Job and entrepreneurship

Despite being in a pickle for having fewer hours than I am used to at my day job, I am open to seeing new opportunities for working online. I am currently testing low content niches on Amazon kdp, alongside with the book I published for Cimen Runar (adult content). 

I am lucky to have graphic design skills which I keep up my sleeve, and created some very good manga/ comic layouts and some tarot card diaries. For my content, I chose the pen name Mimi Seva. 
Also working on a prompt self-development workbook, which has to be published by – yep my birthday :)))

We have a running joke with a friend of mine about the parking lot (not trying to steal it from him, as it has its place in the second book of the trilogy) – let’s say I quote him.

If there are too many free parking spaces on a parking lot, you suddenly have a problem – you can not choose where to park. 

I have a similar problem – with regards to choosing an online occupation which has immediate remuneration, all is fantastic with my current projects, but they take time and patience. And when you are on a debt repayment journey, patience is not high on the priority list. I am well aware that you don’t eat the fruits when you plant the seed, but you better have some fruit-bearing plants in hand.


Happy second part of the year!

Read about my Iuvo-group experience here
And about my Housers experience here
About my Klear experience here
And you can check my whole portfolio here

02 Jun

Monthly Report for May 2019

As every month I try to summarize what went according to plan, what was achieved, moments of celebration, and moments of the hall of shame.

As a starter this is a month to be grateful. It is advisable to practice gratitude at any time, but when the universe in the form of friends, family and colleagues (and even the tax department) manifests a lot of your desires, that puts an extra bright smile on your face.

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21 Apr

How to close sales

This month I attended 3 courses simultaneously and my mental capacity was engaged in learning new skills more than being creative in one form or another. That is the reason why I skipped 2 entries of the blog. 

I wanted to share the new skills obtained, but at the same time, it felt like it is too early to do so. It would feel like giving an expert opinion while being a newbie. 
There is one thing which I can talk about with confidence though – sales, more specifically how to close sales.

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17 Feb

The benefit of discomfort

Why adversity is sometimes beneficial

Discomfort can be a great drive to success, if we use the force properly, and with caution. There are few ways to go about that and to harness the energy which the momentum creates to exceed our own expectations. Here are two strategies which are really a pain in the behind, but have proven to be means to an end. 

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06 Feb

Your kids might fill bigger shoes than yours – business school for kids in Malta

Influencers Interview: Natalia Lupu the founder of Biz Buzz Business Kids Malta

I was introduced to the school for young entrepreneurs of Natalia by a mutual friend. Biz Buzz Business Kids Malta, as the name shows is a
business school for kids in Malta.

I firmly believe that testaments and word of mouth are the greatest advertising. That is a genuine expression of gratitude for the good service or product. In this case my friend was sharing how much fun her daughter had with her very first business venture. Her daughter is 9 years old and already has tasted the gratifying experience of creating something from scratch. She had to overcome shyness and harness her creativity, all backed up by a financial plan.

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06 Jan

5 lessons I have learned from my failed businesses


1.A goal which is not measurable is just a dream!


We are told very often that we shall follow our dreams, which is a wonderful advise to give wings to someone, so they gain the courage try what they are truly passionate about but that can be sometimes too much of encouragement.
Depending on one’s tendency to get motivated there is a great chance of success due to the encouragement of other people or despite other people. Go big or go home is not a good always a good advise, when someone does not know the knots yet.

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