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  1. #1
    Newbie Affiliate Ian's Avatar
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    January 18th, 2005
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    Just read an interesting article from Allan Gardyne and thought it may be pertinent to users here. Hate to see all your hard work lost due to unforseen health circumstances.

    Get well soon Allan!

    Here is the article worth reading:

    ========================================================
    1. What hospital is teaching me about Internet marketing
    ========================================================

    I'm sitting up in bed in hospital writing this. I'm here for 10
    days or so getting immuno-suppressant therapy for a rare blood
    disorder called aplastic anemia.

    A dual drip line has been sewn into my upper arm and it stays
    there 24 hours a day. They're pumping me full of a cocktail of
    chemicals to try to teach my T-cells to stop attacking my immune
    system.

    The doctors insist that what they're giving me isn't chemotherapy
    but it seems awfully similar to me.

    The effects of the treatment the first day weren't nice. The ill
    effects included rigors - the shakes so bad I could hardly talk.
    I felt as though I'd been thrown out in the snow naked. I had
    raging temperature, and then I was so hot I felt as though I
    was lying on a heated bed.

    If a few drops of this non-chemotherapy stuff happen to fall on
    the floor, the nurses call it a "cyto-toxic waste spill" and they
    wear plastic aprons and thick rubber gloves to clean it up.

    And this is the stuff they're pumping into me.

    Come to think of it, every nurse who enters my room always wears
    a plastic apron and rubber gloves.

    Believe it not, this is the less invasive option. If it doesn't
    work, the next line of attack, in about six weeks, will be a bone
    marrow transplant, where they kill my bone marrow and then pump
    in someone else's.

    Relax guys, you don't have to launch a bone marrow drive. I'm
    lucky. One of my sisters turned out to be a perfect match.

    It's all pretty scary stuff, and it's given me plenty of time to
    think.

    I don't want to sound too morbid, but perhaps you ought to think
    about this...

    What would happen to YOUR Internet business if you were run over
    by a bus tomorrow?

    Or what if you were incapacitated? Yes, I know - I didn't think
    it would happen to me, either.

    Or what about burnout?

    It's easy to suffer burnout when you work crazy long hours for
    far too long. Are you prepared for it? I ignored the warnings for
    years. I eventually slowed down a bit, but too late to prevent
    this illness.

    What if you merely grow old, or tired of the business and want
    out?

    Do you have an escape plan?

    Even if your Internet business is just a part-time one earning a
    few hundred dollars a month, you wouldn't want to see that thrown
    away, would you?


    * Do you have a spouse, business partner or friend who could
    step in and run your business?

    * Even if the person you have in mind has the necessary skills,
    could they find all the information they needed, such as
    passwords?

    * If there are regular procedures you do, are they written
    down - in such way that someone else could follow them?

    * Would the business collapse totally without you?

    * Imagine if the person looking after your estate wanted to
    sell your business? Would they be able to find a neat list of
    all your web sites? Would they have any idea how to go about
    selling the business?

    * Could your business be sold? For how much?

    * Would the business be sold for a fraction of its true worth,
    depriving your spouse and children of many thousands of
    dollars? Considering the price you're likely to get, it might
    make more sense to get someone else to run it.


    Consider this...

    You've probably spent several years creating a business on the
    Internet. Wouldn't it be an awful shame if the fruit of all that
    effort was thrown away because you hadn't told anyone how to
    handle it?

    Here's your action plan:

    TODAY, start a Letter to Survivors file on your computer. Start
    jotting down a few things they'll need to know. Keep the advice
    simple and easy to understand.

    You could also use this 41-page Estate Planning Organizer:
    http://www.kathleencotton.com/articl...-organizer.pdf

    Tell someone the Letter to Survivors exists. You can also write a
    note - a Letter of Wishes - and attach it to your will. It could
    tell people where to find the Letter to Survivors. Such an
    attachment won't be legally binding but it's still extremely
    useful for the person trying to sort out the mess after you've
    gone.

    If you have employees, consider giving at least one of them more
    training, so they're ready to step into your shoes. You should be
    doing that anyway, so you can take decent holidays.

    If you don't have an employee, I strongly urge you to consider
    hiring one as soon as you possibly can. It frees you up to do the
    things you prefer doing and gives you time to step back from the
    business and do some serious thinking.

    If you're like me, you'll find that your best money-making ideas
    come when you're taking a break, not when you're working.

    Ian Lee, M.Sc.

    Internet Marketing Strategist / Affiliate Manager
    EYI, Inc.
    ilee_NO_SPAM@eyi.us
    http://www.eyiproducts.com
    604-596-9766

    Personal Sites: ADS-Links.com | HealthCastle.com

  2. #2
    Web Ho - Design B!tch ~Michelle's Avatar
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    Excellent read!

    It has inspired me to get a list of directions and things typed up.

    Thanks for the post!

    ~Michelle

    ****************************
    "All I ask is a chance to prove that money can't make me happy."

    "Work to become, not to acquire." -- Confucius

  3. #3
    ABW Ambassador Jane's Avatar
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    Good advice. I am going to have surgery myself next month and have been thinking I need to write down all my passwords. Most all of them are currently in my head. After a week in the hospital on drugs I might not even remember them myself. I am lucky that I have had lots of warning on my upcoming surgery. More often than not things happen in an instant and you don't have time to take care of these things.

  4. #4
    Newbie Affiliate Ian's Avatar
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    Agreed Michelle.

    Allan rasies some interesting points. You can broaden the scope of things and relate them to any business or belongings. It is especially true for Internet businesses as all of your knowledge (password, id's, tips, secrets & plans etc...) are inside your head. It raises the question:

    "What is my Plan B?" - Who will my belongings and business benefit / goto; who will continue to run it after I am gone. This also brings up the issue of a Will.

    Michelle, glad you were inspired as much as I was.

    Now who is ready to hire me for some relief / backup work?

    Ian Lee, M.Sc.

    Internet Marketing Strategist / Affiliate Manager
    EYI, Inc.
    ilee_NO_SPAM@eyi.us
    http://www.eyiproducts.com
    604-596-9766

    Personal Sites: ADS-Links.com | HealthCastle.com

  5. #5
    Newbie Affiliate Ian's Avatar
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    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by jane:
    Good advice. I am going to have surgery myself next month and have been thinking I need to write down all my passwords. Most all of them are currently in my head. After a week in the hospital on drugs I might not even remember them myself. I am lucky that I have had lots of warning on my upcoming surgery. More often than not things happen in an instant and you don't have time to take care of these things.<HR></BLOCKQUOTE>

    Jane, the password thing was one of the first things that came up in my mind.

    Hope your surgery goes well and here is wishing you a FAST recovery!

    Ian Lee, M.Sc.

    Internet Marketing Strategist / Affiliate Manager
    EYI, Inc.
    ilee_NO_SPAM@eyi.us
    http://www.eyiproducts.com
    604-596-9766

    Personal Sites: ADS-Links.com | HealthCastle.com

  6. #6
    Newbie
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    Thanks for posting my article, Ian. Glad you folk found it useful. I've updated my will, but don't have plans to need it any time soon ;-)

    All the best from Down Under.

    http://www.AssociatePrograms.com

  7. #7
    Newbie
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    Hey, I just noticed. I'm a "Newbie". I love that

  8. #8
    ABW Veteran jc101's Avatar
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    Very good thread...

    _________________________
    xtremeshopping inc. goal financial free by 4/6/2004 (my Birthday!)adorable,nice, sweet, committed member. :0)

  9. #9
    Newbie Affiliate Ian's Avatar
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    Hey Allan!

    Glad to see you made it! Hope you are doing well and on a quick road to recovery. Know that you and your gracious sister will be in my thoughts

    As a side note to others who is also thinking about their Will, I suggest you purchase a "Standard Legal Will Kit" from your country of residence (if one exists). Usually they are electronic. Go through the entire program. A good one will make you think about issues and help you generate real world answers BEFORE visiting a lawyer. It will most likely decrease your legal fees as you will have prepared a bunch of "never thought about issues".

    Estate planning might sound like a problem for the super rich and wealthy (like many users here ), but like Allan said, a Will is not something you plan to use anytime soon. And after learning about what you can potentially lose (and the frustration you might put on your family members), better be safe than sorry.

    All the best Allan!

    Ian Lee, M.Sc.

    Internet Marketing Strategist / Affiliate Manager
    EYI, Inc.
    ilee_NO_SPAM@eyi.us
    http://www.eyiproducts.com
    604-596-9766

    Personal Sites: ADS-Links.com | HealthCastle.com

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