I guess I had to change some of my ways of thinking about what I was attempting online. I was having great fun writing at hubpages.com – but I was making little money with it. My writing had improved and got faster but I didn’t want to be a copywriter. Ironically just as I made this decision I had a couple of offers from people via hubpages.com which would have taken me down this route. Why didn’t I take this route?
In the end I want a business not a job. A job gets you paid when you do it, it might even give you some paid holidays and sick leave, but at the end of the day you get paid for your time. A business generates passive income. Income is stuff that happens when you are not working. While we travelled Australia we made $1000’s a month: every month our tenants paid us regardless of whether we were working! (We do employ property managers otherwise it wouldn’t have been passive income!). Content writing (for someone else) and endless other “work from home opportunities” will pay you for your time or output: but that’s not a business. In the same way as buying a lawn mowing franchise is not a business.
So how is a business different from a job?
A business takes time and knowledge to setup: a decent, legal business is not a get rich quick scheme: if someone offers you the opportunity to earn $X in Y days its a con – fullstop.
A business is not necessarily all fun and glamour: the people making $20,000 a MONTH on the internet – you never heard of them. They are quietly making their cash by providing a product consumer wants to buy. They don’t have famous blogs with 1000’s of subscribers showing on their feeds: blogs don’t make money : well making money online blogs certainly don’t.
Similar Posts:
- Building a Legitimate Online Business – Two Years On
- Do You Have a Plan B to Support Your Passive Income Business?
- How To Create Your On-Line Business For Beginners
- Passive Income Goals 2010
- On-Line Income Cash Flow is King
Do You Want to Make Online Income
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