How to deal with losing a source of income

How to deal with losing a source of income

It can happen to anybody. One day you are earning well, the next day you are deep in debt and out of a job. Life is a test, and we all go through different stages in the tests of life. One test that almost everybody faces at some point in their life (or multiple) is losing a major source of income. Whether it is a job, a business or an investment, losing a large source of your monthly revenue can be a depressing and stressful event. In such cases, do the following:

1. Trust Your Creator

In Islam, we have a concept called Tawakul (trusting God) which simply means that we believe Allah’s plan is best for us and we live our lives with full trust in that plan. This means when things don’t go our way it is usually for the best and there is some benefit in that for us, even if we can’t understand it immediately. This belief helps a Muslim get through any difficulty with optimism and hope.

I have experienced this at multiple points in my life. In 2008, I lost my job as a school teacher. As a result of that, I got a much better job at the Islamic Online University which I still work today. In 2014, I got conned by a scammy book dealer, as a result, I learned to self-publish my books and am earning a decent profit from ongoing book sales. And then this year, in 2019 I lost a major contract that was making up 50% of my income. As a result, I had to dig deeper and invent a new source of income for myself. So I became a freelance writer and was able to make up that income through freelance projects. In fact, I am enjoying those freelance projects a lot more than the job I lost.

The point is that Allah’s plan is best. If I hadn’t lost in the above three cases, I wouldn’t have gained much better sources of income in return. The losses were necessary to push me in the right direction. The same applies to you. So trust Allah’s plan, He knows best.

2. Never put your eggs in one basket

One of the reasons I was able to overcome major financial hurdles in my life is because I don’t keep my eggs in one basket. This means I don’t restrict myself to one source of income. If you have only one source of income and it goes downhill or gets taken away, you are left in a very difficult situation. This is what happened to me in 2008 and since I have been very careful to ensure I always have multiple streams of income. You should too.

If you are working a job, set up side streams of income like online businesses, a second after-hours jobs, investment accounts or freelance work in the evenings. Do whatever is necessary to protect yourself and your family from financial loss. Yes, it isn’t possible to never experience financial problems if that is what Allah has destined for you, but having side streams of income helps to cushion the fall. So prepare for the difficulties by working on as many side streams of income as possible.

3. Dig deeper and find something better

The majority of people I meet are grateful for the hardships they faced in life. This is because these hardships shaped their personalities and pushed them in the direction that led to their eventual success. A difficult situation is simply an opportunity to dig deeper and find something better for yourself. It is a chance to reinvent yourself, find your true calling and emerge a better person. Take every obstacle as a challenge to do better and to be better. Do this and you will always find yourself rising after every challenge.

One of the things I love to teach people is how to build their confidence to overcome challenges and achieve their dreams. This is why I have put together a revolutionary course on building your self-confidence the Islamic way. You can access the course today at a 50% discount by using this link. Grab it today and you will also receive FREE access to my course on public speaking. Sign up here if you are ready to start building the confidence to achieve your dreams.


Every single one of us will face difficulties at different points in our life. Allah had promised to test us with restricting our finances, so when we should be spiritually, financially and mentally prepared to handle such tests. By having firm Tawakul in Allah, building multiple streams of income and using every difficulty as an opportunity to be better, we can come out of every financial difficulty on a higher level.

If you benefited from this article, join our self-confidence course to learn over two dozen more ways to improve the confidence. Sign up today and you will get a 50% discount + Free Access to my public speaking course.

Posted by Ismail Kamdar in Business, 1 comment

How To Set Up An Online Business On The Side

Online BusinessHow To Set Up An Online Business On The Side

We may be living in the best time ever to start a small side business with very little capital. The inventions of the internet, social media, and online marketplaces have made the start-up costs and running costs of many businesses very low. This creates a unique opportunity for anybody interested in starting an online business on the side.

I started my first online business in 2015, which is this very website Islamic Self Help. Currently, I work two online jobs while running two online businesses. Both of which are very successful. Over the past few years, I have discovered many ways to build an online business which requires very little capital but produces a steady flow of profit.

In this article, I will share with you a few tips on getting started with your first online business.

1. Look at businesses with low costs

This includes businesses that offer digital products (like my eBook and online course business), or which provide services (like my freelance writing business). If you can find something you like which has low costs, you can set it up quickly, and start producing a profit even faster. Look into fields with low overhead, and high profit margins. These are the best fields to start your first online business in.

2. Get a website

For most online businesses, a website is necessary. A website gives you a base of operations. It allows you a place to list your products, interact with customers and be discovered by new customers. Decide on a name, buy the domain, and start setting up your website. This is were you will list your products or services, and operate from.

3. Gain a social media presence

Your social media presence is how people get to know you and your business. It is true that some people may discover you with a Google Search. And others may learn of you through word of mouth.

But in the modern era, social media is the fastest way to grow and gain new customers. Set up your social media pages, link them to your website and start growing your pages through beneficial content.

Quick tip: Focus on organic growth, and avoid buying social media followers.

4. Set business goals and work towards them

It isn’t enough to set up your website and social media page, and hope people will come. You need to work constantly at growing your business. Begin each month by setting your goals for the month, then dedicate an hour or two a day to work towards these goals.

The goals could be launching a new product, gaining a certain number of leads, hitting a sales quota or putting out beneficial content. Set your goals and work towards them. For most online businesses, you just need an hour a day to make it work.

5. Invest in your own mind

Since 2013, I have invested thousands of dollars into studying entrepreneurship, online business, marketing, sales, and many other skills that were necessary to grow my business. If you want to succeed in the online marketplace, then you need to start with investing in yourself. In our online course department, we offer a variety of online courses that can assist you in gaining the necessary skills to succeed online.

6. Don’t give up

Online businesses may be cheap to set up and get rolling. But they take time and effort to grow into something truly great. Do not give up. You will have good months and bad months. Focus on learning, experimenting, growing, and gradual progress. After a few years, you will find yourself enjoying a much higher quality of life thanks to your online business.

Summary of Tips:

  1. Choose a business with low overhead
  2. Set up your website
  3. Grow your social media presence
  4. Work towards monthly business goals
  5. Invest in your own education
  6. Never give up

If you want to learn more about setting up an online business,
Join our online course on self-publishing

The course is available at a ridiculously steep discount if you use this link.
You see there!

Online Business Course


Posted by Ismail Kamdar in Business, 0 comments

Muslim Entrepreneurs Summit 2018

World-Class Muslim Entrepreneurs Reveal Their Most Closely Guarded Secrets To Making A Halal Income Online

Free Online Event For Muslim Entrepreneurs Teaches You The Systems and Strategies To Teach You How To Create A Thriving Online Business & Be Part Of The Digital Revolution.

The event starts on:

Monday, January 29, 2018 4:00 PM SAST


Muslim Entrepreneurs Summit

Islamic Self Help’s Founder, Shaykh Ismail Kamdar, will be presenting at this event on the topic: A Muslim Business Owner’s Guide To Productivity. 

Here is a quick preview of his presentation:

To get the full presentation, sign up for the summit today.


Is This Event Really For Me?

If you fall into one of the following categories, then this event is perfect for you.

You Are Currently Unemployed Or In A Job You Hate & You Want To Start You Own Online Business.

The idea of starting an online business intrigues you, but you don’t know where to start.

It all seems so overwhelming and confusing.

If this sounds like you, this Summit is definitely for you.


You just started an online business and it seems that everywhere you turn, there’s some new promotional technique or social media strategy.

You feel overwhelmed & confused and don’t know which are the right strategies for you. You just want to make your first $1,000 online.

This summit will show you how to start earning your first dollars online.


Your online business is already making some money, but you want to scale it up a notch and turn the trickle into a steady stream of income.

If so, this Summit is definitely for you. You will  learn business building strategies that will take your business to five figures and beyond. 


You have a successful online business that is already earning a full-time income, but you are ready to take it up a notch to six-figures and beyond. 

If so, then this summit is the best place to learn from…..because you will be learning from people who have done so themselves and who are willing to share their closely guarded strategies and secrets with you.  


NOTE: The links in this post are all affiliate links.

Muslim Entrepreneurs Summit

Posted by Ismail Kamdar in Business, 0 comments

The Self-Publishing Revolution: Doing It Yourself

The Self-Publishing Revolution

“What do you mean by the self-publishing revolution?” You may ask. Is it violent? Is it a war? What’s this all about?

Relax, the self-publishing revolution is as peaceful as it gets. Its a revolution in the field of arts. In writing, producing, designing and content creation.

In the beginning

Once upon a time, if you wanted to succeed at any art you needed a publisher. If you were an author, you would take your draft to publisher after publisher, receiving rejection after rejection. Eventually, if you were lucky, someone might give you a chance and publish your book.

Likewise, if you wanted to produce an education course. Or a nasheed album. Even if it was just publishing an article.

Then the internet happened! And with it came the revolution.

Self-Publishing and Beyond

Today, with the internet you no longer need to face rejection. You don’t need to find a publisher. You can publish your latest article straight to your blog. As soon as your book is ready, it can be up for sale on Amazon. And you can even launch your own online learning academy.

I know.

Because I did all three at Islamic Self Help.

In the past two years, Islamic Self Help has been a platform for publishing dozens of articles, 10 eBooks and 5 online courses.

This feature is about one of those premium online courses. And if you are interested in doing what I am doing, then you have to read this.

How to self-publish your works

At Islamic Self Help, we want to help other artists do what we do. We want to help you self-publish your works. This is why we designed a course to teach you everything you need to know about self-publishing.

Launched January 1st 2017, our premium courseHow to Self-Publish Your Book in 90 days‘ has helped over 50 students learn the ins and outs of self-publishing.

Through a series of 86 video lessons, we take you from the very beginning (idea generation, draft writing) to the higher levels (email marketing, sales).

The good news that this course isn’t just for authors!

If you have anything you want to self-publish, an eBook, articles, poetry, even videos, then this course is for you!

What would you get out of this course?

Imagine being able to turn your passion into a source of side income. Imagine being able to make money from the sale of your product in your sleep!

If you are serious about publishing your art, you owe it to yourself to learn self-publishing.

Self Publishing will:

1- Grant you autonomy

2- Keep you in control of the sales and distribution of your products

3- Help you publish faster

4- Increase percentage of income per sale

5- Protect your copyright over your writings

Can you handle it?

Warning: This course is long and comprehensive. Featuring over 100 lessons (including notes, tests and videos). But it is just the beginning.

Practicing what you learn, and self-publishing your own eBooks and products will be the real challenge.

If you are up to the challenge, then we are offering you a special discount for our Self-Publishing course.

Utilize this link to access the course at an 80% discount!

Do so and not only will you save $400, but you will gain instant access to all 80 videos today!

What are you waiting for?

Your journey towards self-publishing begins now!

Self-Publishing Revolution

Click the picture to grab the 80% discount today!

Posted by Ismail Kamdar in Books, Business, 0 comments

The Myth of the Work/Life Balance…and what to do instead

The Myth of the Work/Life Balance

The Myth of the Work/Life Balance

The myth of the work/life balance: Does work/life truly exist?

It was after work hours and I was at a shopping mall with my family. While waiting for my wife outside a store, I received an urgent email from work. The email informed me of a problem at work that required my immediate attention. I stood there for about five minutes trying to think up a solution.

I then figured out the quickest possible solution and implemented it. While waiting for my wife, I sent a quick email to an employee informing him of what to do. When I got home that evening, the employee emailed me back to inform me that the issue had been resolved.

This is the modern world. Work and family time mixed together. Solving a workplace crisis while shopping with your family. It got me thinking about the whole concept of work/life balance and how practical it is in the digital age. Here are my thoughts.

Unrealistic expectations

What does work/life balance mean to you? For some people, it means having enough time everyday for work, family religion and self. For others, however, it may mean spending equal time with family and work. This second idea is unrealistic. Such a balance rarely existed in human history and isn’t practical to maintain.

I would go as far as to say that work/life balance itself isn’t maintainable. Life is messy. It has ups and downs. Sometimes work is easy and family life is a mess. Sometimes family life is rosy and work is overwhelming. And there are days when both go smoothly. To expect to maintain a balance in all situations is not realistic.

Instead of focusing on balance, we should focus on the following:

1. Quality Time

It may not always be possible to give 100% to work or family, or both. Instead of focusing on quantity, focus on quality. If you have just an hour to your kids today, make that hour count. If you have six hours of work together, make those six hours count. Focus on improving the quality of your time.

For family, that may mean having a meaningful conversation, sharing a fun activity or just relaxing together in silence. For work, it may mean utilize dead hours for personal development, taking on additional responsibilities or catching up on those delayed projects. Quality is more important than balance.

2. Be in the moment

Whatever you are doing, be there and be attentive. During family time, put your phone away and give your kids and spouse undivided attention. During a high concentration task, be focused on the task and close all distractions, even if it means putting your phone on silent. Attention is key to making every moment count.

3. Be realistic

You not always going to be able to operate at 100%. You will have down days, lopsided days, mixed days. There may be days when you need to work and handle a family issue at the same time. Be realistic in your expectations of yourself and life. Balance isn’t always possible, but achieving realistic goals is.

4. Cut yourself some slack

You are going to mess up at times. You may have to work all night on a project for one week. Or you may have to spend a week nursing an ailing relative at the hospital, neglecting work. You may experience days of pure exhaustion when you can’t give time to either. Remember that you are human, so don’t expect too much from yourself.

Cut yourself some slack on days when you are unable to give it any semblance of balance. And try to make up for those days on other days.

5. During times of work crisis, increase time spent on that

There may be days when your work requires more of you. A week away from home. A long night of research and writing. That sudden business trip. A workplace emergency. Things like this happen. During such times, you will need to spend extra time on work. This is natural.

Your family should understand, but they probably do. More importantly, you should understand. As a working person, you will have days when work is all you do. That is part of life, and you need to accept that.

6. During times of family crisis, increase time spent on that

Family crises happen too. Funerals, interventions, and emergency room visits are all a part of life. During such times, you need to focus on the family. Be there for them. Lead the way in solving the problems. It may mean neglecting some work, or taking a few leave days.

This is part of life and during such times, balance is not possible. So focus on the crisis, and make up the lost work time when things settle down.

7. Double Crisis? Get Help!

It is very rare to face a workplace and home crisis at the same time. In case such happens, you need to realize that you can’t do it alone. You either need a colleague to take over the work matter, or a family member to step in and handle the family issue. Either way, you need help so don’t be ashamed to ask for it.

Conclusion: Do the best with each day

Life doesn’t have much balance. Some days are smooth, some are tiring, some are scary. Make the best of each day, and don’t beat yourself up if you are unable to find balance on difficult days. What is important is quality attentive time, not equal time.

I believe we can live much healthier lives if we focus on the quality of our time, rather than trying to attain unrealistic goals. So make each day count. But when you can’t, don’t sweat it, just find a way to make up for it.


Posted by Ismail Kamdar in Business, 6 comments