Anyone here know how to make money?
Serious question... does anyone here know how to make a lot of money?
I have been a student of the self-help genre for many years. Robert Kiyosaki, Anthony Robbins, David Allen (heard of him?), Robert Allen, Ken Roberts, etc. I've bought into different money making systems. Nothing has worked so far. I'm not blaming the gurus or their systems mind you. I am just explaining where I am coming from.
While doing a mind dump for GTD, I created a someday/maybe item for myself that says:
"Earn a full time salary through passive income."
Looking at that sentence now I realize it is a goal and not a project. That's okay. The important part is that I captured it in my trusted system. Now I need to process it.
I know this forum has a diverse crowd. I would like your opinion on how you would go about achieving this goal - breaking it down, defining it better, taking actions, whatever. If you already earn a full time salary from passive income, I really want to hear how you did it.
Find something you are passionate about
I think the simplest way is to find something you are really passionate about, and that could be anything, then see if you can make a career out of it. You tend to find that the people that have been really successful in this world have had a real passion for something.
I don't think any income is passive, the word passive means 'lacking energy or will' , 'lacking initiative or forceful qualities' how can you generate income based on that?. Even with Web products that might be sold 24/7, there is always hard work involved. Orders to be processed, complaints, refunds, administration. I don't believe passive income exists.
Behind every successful person is one key element, a lot of really hard work performed over a substantial period of time. If that hard work is directed in a worthwhile manner then one of the benefits may be lots of money. But I think if you are doing anything just for the sole purpose of making money, you will probably fail. You need to focus on providing a product or service that people want. Providing your customers with something of value.
"Earn a full time salary through passive income." is a potential outcome of finding something you are really passionate about, making a business out of it and working hard. But I wouldn't view it as a goal to start with. Your goal needs to be measurable and specific. If you are going to set goals, set them high, then work hard to achieve them.
All the best
The Only Real Way To Earn Money Is To......
The only real way to earn money is to WORK HARD.
Wether you start an online business as we have or
working offline.Hard and Dedicated work will get the job
done.No other way,online or off.
So,get with it.
Just my two cents worth...
Well, I understand the question completely. It sounds like we may have somethings in common.
As far as 'work hard" "find something you love" "etc'... all of that rigamarole... there's still more to it than that.
I haven't figured it out completely myself.. YET... but I am getting closer.
What I can tell you is that I have been working 15+ hour self employed days since 1986 and have not been able to achieve the INCOME that I made in 1984...when I was employed. I made $140,000 that year....and quit because I didn't like the work.
I'm close again...and I believe that GTD will help get me there. But in the interim, I've read Baldoni, Carnegie, Covey, Corcoran, Peale, Bruce, Blanchard, McKay, Ziglar, Peters, Popcorn, Cooper, Naisbitt, Robbins, Gibran, and just about anything else you can name.
All of those are great thinkers... but I don't thing (now) the books weren't ABOUT making money. They were about organization.
For me at this point, making money has to do with getting paid for your services, at a reasonable rate, and being fair with the customer.
At the beginning of this year, I began working on that part of my business.
I always have been lucky and have attracted good clients. Since I started billing for my time more 'appropriately', my income has tripled. My workload is still about the same...and I have lost a few clients...but I'm ok with it.
Anyway...that's my story and I'm stickin to it.
btw... I started this AM with setting up GTD on the OLD trusted system I used in 1984. It was suprisingly very similar to what I had... which helped me move pretty quicly.
Here is a link to the blog about it... with some pictures of my 'new' system.
http://www.surfinwithstan.com/gtd .... the images are under the "materials" tab... and there is a link to the cards I created. You'll have to have MS Publisher to view/print/use them though.