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Its Spring! End of a Quarter Report – How To Manage the Dollars

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So its the end of another month – another quarter anywhere so how is my journey to passive income online.  Well to be honest its been flat-lining since my record of making over $2000 in one month – in July. Bouncing around at the same level give or take in US$ terms, dropping in local currency because of the strength of both my local currencies (yes I run accounts in two countries – I don’t recommend it!). Oh and finally spring has sprung – downunder in Perth anyways – finally I might add, so much for global warming its been freezing here for far too long. The photos in this post were taken in King’s Park, Perth a couple of weeks ago – yes we have quite a display of wildflowers at the moment. New Custom Thesis Theme I’ve been spring cleaning this blog too – a couple of you have noticed that the design has changed a fair bit.  None of my doing – Costa who makes cool custom WordPress themes at blogigs.com wrote to me saying that my previous design hurt his head and here is a new one. Well OK I can take a hint – I [...] Read more »

How Can I Make Passive Income Online?

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We were talking last night, my partner and I, considering what we want to do in 2010 when his current contract comes to an end  and the obvious question came up – do I make enough passive income online for him not to work anymore.  The short answer is not quite – but we are getting close. What’s more I am definitely now of the opinion that it would be a huge financial risk for me to go and get a job now compared to my making money online – and here’s why. Passive Income in the Real World Every month no less than eight groups of people pay me – they are tenants in various properties we own in New Zealand.  I hire a property manager so I count that income as passive – every month money goes into our account at home. There is a catch though – every month money goes out of that account too – usually just a little more than went in – all going well it will balance – but if you have a month where you need to replace not one but two hot water cylinders – it does not! We didn’t [...] Read more »

Do You Have a Plan B to Support Your Passive Income Business?

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Now I like planning – its so much more fun than doing. I’m quite good at planning too -just ask anyone who has been travelling with me. But business planning is a whole different game – I know the theory: Decide what the end is – say $1,000,000 in round figure and by when. Work out where you are now  – that’s easy just done the taxes Work out how to get from 2 to 1 Hmm yeah oops – 3 is kinda the problem in my experience. This blog started as my attempt of at least an online diary of my journey of 100 sites – but got re-named when I figured I was the ONLY person who ever searched for that keyword LOL.I thought that might be close enough to a business plan – I may have been wrong … Last month I wrote about making $1500 from Adsense and Affiliates this month its pretty much the same – slightly different winners and losers but generally, overall add up to about the same figure. I’m actually fairly happy with that – August is usually a very slow month online and I wouldn’t have been at all surprised to [...] Read more »

Online Income and Work Life Balance

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I took the weekend off – I drove 300km and checked out the golf course at Augusta, went whale watching, ate too much, drank too much local red wine. Did I login? Did I check my email? Did I approve comments? Did I check in with clients that it was OK to take the weekend off – no to all of those above. You see I used to have a J.O.B (Just Over Broke) – I used to have to apply for leave or arrange not to be on-call to go away for the weekend. I don’t do that anymore. Instead, I put an “out of office reply” on my main email account and disconnected. It wasn’t that hard for me – I must admit taking breaks and travelling is what’s important to me. Yes sure I’d like to make a zillion dollars a week – but only if I can still take off every month or so for a holiday! Although I now have a lot of American friends online, I still don’t understand the need to work 24/7 – if you are desperate to pay the bills sure – but for those who aren’t? To be honest if [...] Read more »

Online Income and Dancesport

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OK that title got you to click through because a) you don’t know what dancesport is and/or b) you are not sure what the connection with online income and Dancesport is. So just to clarify – dancesport is competitive ballroom dance and no there is absolutely no way you can earn online income with it – its what I spend my online income on! It does however fit well with earning an income online because it gets me up off my backside which would be a lot bigger than it is if I didn’t dance about 5 nights a week! Just to clarify I’m the blond in blue and my partner Paul is the one who bankrolls my lifestyle as well as being my dance partner and this is my very first attempt at a youtube video! Comments are welcome and YES we know the rhumba is out of time! BTW if  you double click the video below it will open up on youtube and then you can make it a bit bigger! Read more »

Making Money with An Online Gold Rush

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I had to explain my business to my accountant recently having finally made some online income to declare! Its been a while since I tried to explain my business to someone who, although they had their own website and is very computer literate, really had no idea what I was talking about.  The thing is that people think because the Internet has only be around for 40 years and Google for less than 10 years, maybe making money online is all different and there has never been a moment like this in history before – well I beg to differ  – there is nothing new under the sun and understanding history is certainly useful in avoiding the mistakes others have made. The Internet Marketing is like a gold rush people – Klondike, Otago, Victoria, doesn’t matter which country: gold is found, some people make money, many don’t, some companies are made others die, and society changes forever. For those of you are not familiar with history: gold rushes brought incredible wealth it a few and incredible hard work and death to many more – and I am a firm believer that understanding history can sometimes stop you repeating it.  Your [...] Read more »

How To Make Over $2000 Online

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I have been on and off doing full-time Internet Marketing as a way to make a full time living since Oct 2007. As recently as March I made a total of $144 from Adsense and affiliates, April was the first month I made the $100 Adsense payout within a month. In July 2009 I made $1500 from Adsense and Affiliates (what I can passive income) – with my freelance work my income came in at $2800 for the month. Where I’m from, New Zealand, that is about the same sort of money that a junior teacher would be earning – not bad if I do say so myself. I dunno what full-time income is your part of the world but my definition has always been about US$1000/week – what I could make if I could get a job as a Business Analyst, Test Manager again.  I am not there yet – but in March I was ready to quit – now I feel like I’m close to success -my partner finally thinks there is something to this online lark – and I know that once you have the momentum its so much easier to build on it. The Secret to [...] Read more »

Online Income How To Make $1000 Online!

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Well oops – I see I haven’t done an online income post for a while – and now its the new tax year in Australia this is as good an excuse as anything to avoid doing my taxes! Back in May I had some new goals – so lets report against though shall we – well it amuses me – sorry if you find it boring! What has happening in the interim is that my passive online income has doubled from May to June.  My overall income including some freelance work was US$1400 – not too shabby really – considering where I’ve come from. OK I’d struggle to live on that amount in Australia, though I certainly could in some parts of the world, but at least its more than I would have earned on the dole! And I figure its just the beginning because certainly the passive component of that (about 50%) will only keep on going up. Update on Current Business Goals Get those 10 sites up and running with backlinks built and starting their run up the SERPS. Hmm not quite – “excuse” below Build more backlinks to the hubs which make me money- after all they [...] Read more »