Friday, June 12, 2009

Getting organized

I was pushing my feeble cranium to decide how to turn my chaotic thoughts about passive income into something that the reader might understand. Therefore, I decided that instead of spewing forth words in a haphazard manner, I should get organized. I think in might be beneficial to give you a monthly report of my passive income streams. This way I can really begin to tweak things, and start to grow this business.

So today I am going to sit down, and find out what my starting position was at the beginning of the month, so to better prepare to report my passive income at the end of the month.This is going to take some time today, so forgive me if this particular post is not the most informative.

I think tomorrow, I am going to go into how I have been generating an above average pay level at Ehow.com. Until then however, it is time to start number –crunching.

Thursday, June 11, 2009

I Begin

The truth be told, I have made half- hearted attempt to discover ways to make an actual, sustainable income online for over two years. I have tried the scams, the semi-scams and the "it just doesn't work"s. Finally I am seeing some light at the end of the tunnel. Firstly I decided that passive income is the way to go. Passive income is money that keeps on coming, like royalties or residuals. I am a writer, so as an example, I can write a 500 word article and get paid a one time fee of say $15. However, if I find a site that pays well enough, I can instead receive residuals of maybe $1.30 per month. Not much money now, but it is continuing income ... forever. That is the bare-bones idea of passive income. Work hard now, build several streams of income, relax and enjoy the fruits. I think I have found some sure-winners in this game, and I want to share them. Also, I would love to hear the ideas that you bring to the table. My goal with this blog is to create a win-win for all of us. I want to sit on the beach and collect my online passive income.