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Online Business Passive Income Rants

Passive Income and What People Think

Making an online passive income from Internet Marketing is the strangest thing. When I had a job as a geologist few people understood what I did – but no one doubted that I was well-paid for it, when I worked in IT even fewer people understood my job, but they took for granted that I made money. Now I do something really simple – I put up websites, based on topics people search for, I use SEO techniques to rank my sites and I make passive income.

And even now that I make enough passive income to go travelling for 2 months they don’t understand how I make money. That’s OK – I’m used to that. What kinda of amazes me  is that – they don’t believe that I make money either! Now frankly I don’t give a shite whether they believe me or not- my partner believes me – he sees me pay the bills, my bank manager is happy, my accountant is advising me to make provision for tax – but the other people – they seem to think I’m delusional.

Prague Castle, Praha in the Snow, Czeck Republic

If you are starting out this game – here’s some advice. Don’t expect anyone to be supportive or believe in your dream. In may be nice to think those closest to you will be your greatest support – in fact from what I see on the Keyword Academy forums – that’s very, very rare. In fact anyone who has a financial interest in you making some money will probably be loudest in their calls for you to get, retain or focus on, your “real job”, Or an education to the one.

I haven’t seen that many people fail in this game – but 95% plus of people who start don’t make more than $10. They don’t fail though because they never put enough work in to have even have tried. I know –  I wasted at least a year – not  working – at the end of it – I’d acheived very little.

I’ve been around long enough to see who succeed and who fail in this game. This is utterly subjective and totally unscientific – but I am convinced that most people that succeed with making a passive income online – do  share some common characteristics:

  • they are bloody minded;
  • they don’t give a damme what anyone else thinks of them;
  • they are out of other options – because of age, skills, location etc they couldn’t get a “real” job even if they wanted one;

If you are worried about what your family/friends/partner thinks of making money online – get a job – this game is not for you.

Now I have some very boring things like goals and objectives and plans to achieve the same.  I have business .

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Making Money Online Online Business Passive Income Rants

Passive Income: My Dream! I Do Believe!

I have a dream: to do what  I want when I want – and I am very, very lucky to be living it! Passive income isn’t a terribly easy goal – but  I am getting there – and I think I just turned a big corner, let me explain. Not income wise, but in the psychological, mumbo-jumbo department!

confusion

When I did my last update I had had a pretty bad month. I lost my part-time job in late January – and it had stuffed up my productivity! How so? Even with only 2 days a week work it gave my week structure. Now it was gone and I appeared to be going nowhere. I admitted my frustration in a private forum I am a member of (sorry closed to new members at the moment – I’ll let you know if it re-opens) – and got jumped on pretty hard. I thought my problem was keyword research – but it wasn’t – the problem was I hadn’t down enough work!

That is not to say I wasn’t spending all day at the beach, nope worse than that, I was distracted by forums, commenting for fun, twitter and a whole lot of other unproductive stuff! In fact an on-line friend asked me what sites I wanted to promote in a mutual-help group he was starting – and I didn’t have any I could be bothered with anymore!

I wasn’t being lazy – not logging on lazy – but I was unfocused I hadn’t figured out what I had to do to succeed – even though I did know – and have known for nearly a year – build more sites! For goodness sakes the original name of this blogs was “Journey of 100 sites!” Had I developed 100 sites – nope!

I got mad – first at my colleagues in the forum – and then at myself!  Someone called me stubborn –  I laughed out loud – its odd how someone who has never met you can pick out some major personality trait like that!

My main issue was:  people say you can’t achieve unless you believe that you will achieve – but I don’ t believe in anything I can’t touch: the Easter Bunny, Father Christmas and God being my main examples.

I’m not much into the pop psychology, “law of attraction” crap. I did however, somewhat in desperation, do a bit of a google – and came up with the concept of visualisation.   Sorry I don’t know where I got the check list from  – I wrote it on a bit of paper – and it was very useful- leave me a comment if you recognise the source! Having decided on what your goal is: in my case passive recurring income from niche sites – you need to go through the following steps:

  1. Is the result possible. Do other people do this?
  2. Is the result possible by me – do I have the skills?
  3. Do  I really want this result?
  4. Do I deserve the result?
  5. Does the goal contradict my other beliefs?
  6. Create a plan to achieve the goal
  7. Do the steps in the plan contradict my beliefs?
  8. Do you can do the steps in the plan?
  9. Do you believe you will do the steps in the plan?
  10. Believe that you will achieve the goal.

OK nothing better to do at midnight when I couldn’t sleep so I worked thru the steps.

  1. Yes I know other people who make  over $10k /month with this model.
  2. I believe I have the skills – the technical stuff is pretty easy, the writing is fine, I can outsource what I can’t do myself
  3. Oh yes!  I felt like trapped in corporate IT. Even if there wasn’t a financial crises  I wouldn’t want to go back! Its waaay too good havin control of your life.
  4. Why the fuck not? No one will get hurt in the process and I certainly own my partner over a year of him working and me not producing any income.
  5. This was infact my initial issue with Internet Marketing – but I found out a while ago that its perfectly possible to sell on-line without ripping anyone off.
  6. Plan – its in my head – its not that hard:
    1. find long-tail keyword to target
    2. find a way to monetize
    3. build site
    4. promote site to top of SERPs
    5. rinse and repeate
  7. No
  8. Yes
  9. Yes
  10. Well bugger me  I think I might believe in my goal now!

Sorry for the ramble – now I have to go and build some more sites!

EDIT – this post moved me to tears writing it – and this video totally expresses what I not have the skill to say in words:

http://youtu.be/RxPZh4AnWyk

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