Let's say you have some money laying around...

Banned 12 years ago

No, it won't. Don't ask about how to invest money here on the forum. There's enough of these kinds of threads as it is, and I doubt that the OP's of these threads have any money.

If you did, then it really doesn't make any sense to solicit advice about what to do with your money. I don't mean to be callus, but if you search the threads, this type of question is asked too often.

Plus, I made this mistake once about 3 years ago, asking other people what I should do with my money...you know what happened? I burned close to $15,000 that I worked my ass off for. So if you do have some money, then take time to figure out what options you have, but do not solicit advice from others. It's not their money.

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1 reply

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sbucciarel

Banned 12 years ago

Originally Posted by TheRealDudeman

No, it won't. Don't ask about how to invest money here on the forum. There's enough of these kinds of threads as it is, and I doubt that the OP's of these threads have any money.

If you did, then it really doesn't make any sense to solicit advice about what to do with your money. I don't mean to be callus, but if you search the threads, this type of question is asked too often.

Plus, I made this mistake once about 3 years ago, asking other people what I should do with my money...you know what happened? I burned close to $15,000 that I worked my ass off for. So if you do have some money, then take time to figure out what options you have, but do not solicit advice from others. It's not their money.

^^^^^^
This. There's not much in the way of a passive business model unless you just hire a bunch of outsourcers to build something or other, but normally you need to supervise and hire them, so that's not passive either.

As for just investing, I know nothing of stocks, mutual funds, etc. and would never ask advice for that kind of investing on an Internet marketing forum.

[ 4 ] Thanks

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agmccall

12 years ago

Originally Posted by jkennedy

I've got a few extra grand laying around that needs to be put to work.
I want to invest it outside of my current business.

Here are the criteria:

1. Put the money to work, not myself. Don't have time outside my business to spend hours a day focused on another project, so it must be passive where I can put money in and return a profit.

2. Fast turn around or monthly residual. Don't want to be waiting two years to get a turn around on the money.

3. Small risk. I don't mind a little risk, after all I'm an entrepreneur, but I want to invest in something that I can be confident will provide a return.

Yep, not an easy model to come up with... if it were that easy everyone would be doing it... right?? The focus here is the money. This isn't about trying to find the cheap easy street. This is about putting money to work to get a return. After all, it takes money to make money (real money).

I figure this would help others in here as well.

Mutual Funds
Lending Tree
Hard Money Loans
Options Trading
Go to Vegas and put it all on RED

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J. P. 12 years ago

Originally Posted by agmccall;7882615
Go to Vegas and put it all on [B

RED[/B]

Only after watching it hit BLACK a minimum of 3 times.
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WarrenPeterson

12 years ago

Sure what you are talking about already exists. They are called mutual funds. If you want bigger return, take the bigger risk and directly buy one set of stock in one company (though I highly recommend not doing that). If you want an even bigger return join a VC group or become an angel investor.

Money only generates returns based upon the risk and quality of investment.

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Devin X

Banned 12 years ago

Originally Posted by agmccall

Mutual Funds
Lending Tree
Hard Money Loans
Options Trading
Go to Vegas and put it all on RED

Originally Posted by WarrenPeterson

Sure what you are talking about already exists. They are called mutual funds. If you want bigger return, take the bigger risk and directly buy one set of stock in one company (though I highly recommend not doing that). If you want an even bigger return join a VC group or become an angel investor.

Money only generates returns based upon the risk and quality of investment.

@OP...see what I mean?

Thanks
1 reply

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teepee

12 years ago

You're probably in the wrong house. Sober up!

Thanks
1 reply

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pwtmike

12 years ago

Originally Posted by mialove

You know, a few month ago i wanted to open exactly the same thread, but i guess "it's to good to be true", and this is one you got this kind of response.

In my case, i decided to take a mentor. I believe it will save me a lot of mistakes on the way.

There is a lot of things you can do, but everywhere is the risk.
Example of passive busyness model:
To make an amazing click bank product in a hot niche, to invest in very good copy, to test, get affiliates and here it is - great passive income.
Now, where is the problem?
To come up with original and interesting product, its not easy at all.
And if you will do something that already exist, you will not get a lot of promotion.

Originally Posted by jkennedy

Thanks for the input.
I already have a successful business revolving around product creations, etc.

What I am looking for is a little something on the side.
Apparently people seem to take this thread as a joke.
I think it's funny myself, that folks don't realize there are actual businesses out there that generate passive income that are leveraged based on the amount of money you put in, and not the work.

That's all I'm talking about here. And the risk, let's just throw out the risk factor... as I don't think some understand what I mean by "low" risk.. not to be confused with "no" risk.

Let me just throw some examples out there of businesses that leverage money for passive income.

- Vending. You put in the upfront work of finding good placement. You hire a teenager to run the route for you. With good placement the risk is small and the return can be very high and easily scale-able by leveraging profit to put up more machines.

- Rent/lease/loan. Property, low value loans, etc. There is more risk but the game is the same. Hire property management. An leverage profit for more output. It's a low touch business that makes money for you with little work and leverages money as the worker.

- Outsource services. There are too many to name. You can outsource almost any kind of service. No touch, and is only limited to the amount of funds you can put in to hire more workers.

Sure, I can invest in any one of those, but that's not the point. The point of this thread is to bring up more ideas. So, who's up for more?

This is good thinking. You need to first have some elegant idea which solves a problem that a large group of people have. You then need to get to know this group of people. What things do they say? what do they think? where do they hang out online? where do they shop? and what do they buy? You will want to ask alot of these questions and prepare the data points to be plotted. Look for patterns in the data and figure out what makes sense. Identify as much as possible with regard to this audience. Then, and only then can you even begin to create something that is passive. Once you understand who you are selling to then the channel you take to sell to them is even less important. It can be any form of digital product, course, ebook, audio, video, software, etc... You have your audience analyzed. you know the data... you know what the market trends are. You now use good models. You can build the best solution by looking at the competitors who are already providing for that market. If you want something passive, a marketplace like clickbank (there are many others) can provide this. So to answer OP question, which is a pretty good question for an IM forum.. how do I put my money to work to create something passive? You analyze your audience. You learn their language. You create a product that is a solution to their problem. You speak their language. You use a marketplace like CB to distribute passively like any physical product in any physical store. And if you do this well you then have something cool.

nuggets.

Thanks

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jkennedy

Banned 12 years ago

Thanks for the input everyone.

Let me clear a few things up.
1. I'm not stupid. 2. I'm not naive. 3. I'm not gullible 4. I'm not a newbie.

Just because someone has a suggestion to do something does not mean I will do it.
What I am doing is crowd sourcing ideas. Not asking for "advice".

Any idea considered would be well researched by myself.

I make damn good money in my current business. But I'm always looking to expand and make more, of course. So I'm using this thread as a sort of brainstorming session.

I find this the perfect place for a question like this. After all, it is one of the biggest forums on the net about making money right? What better place to get ideas?

Someone mentioned losing $15k by doing what someone else told them to. Not to pick on you, but you apparently didn't do your homework. I always do my homework and never have I let myself waste such a chunk of change.

I don't mean this message to be derogatory. It's just that I seem to be getting flamed here for presenting a question to gather information and ideas. Is that so wrong?

Honestly. A brainstorm session would have been great, but I'd rather not be ridiculed like some naive and gullible pest who plans to throw money at anything someone suggests.

I didn't get to a six figure business by being naive.

So shall we continue with a serious discussion now?

Thanks
2 replies

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sbucciarel

Banned 12 years ago

Originally Posted by jkennedy

Thanks for the input everyone.

Let me clear a few things up.
1. I'm not stupid. 2. I'm not naive. 3. I'm not gullible 4. I'm not a newbie.

Just because someone has a suggestion to do something does not mean I will do it.
What I am doing is crowd sourcing ideas. Not asking for "advice".

Any idea considered would be well researched by myself.

I make damn good money in my current business. Put I'm always looking to expand and make more, of course. So I'm using this thread as a sort of brainstorming session.

I find this the perfect place for a question like this. After all, it is one of the biggest forums on the net about making money right? What better place to get ideas?

Someone mentioned losing $15k by doing what someone else told them to. Not to pick on you, but you apparently didn't do your homework. I always do my homework and never have I let myself waste such a chunk of change.

I don't mean this message to be derogatory. It's just that I seem to be getting flamed here for presenting a question to gather information and ideas. Is that so wrong?

Honestly. A brainstorm session would have been great, but I'd rather not be ridiculed like some naive and gullible pest who plans to throw money at anything someone suggests.

I didn't get to a six figure business by being naive.

So shall we continue with a serious discussion now?

Maybe I'm blind or stupid or gullible or a newbie, but I didn't see anyone ridicule you or flame you. As for how smart and rich you are, I don't think you really need the advice of us peons, do you?

Thanks
2 replies

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jkennedy

Banned 12 years ago

Originally Posted by sbucciarel

Maybe I'm blind or stupid or gullible or a newbie, but I didn't see anyone ridicule you or flame you. As for how smart and rich you are, I don't think you really need the advice of us peons, do you?

I wasn't talking about you. I was mainly speaking to the first who replied. It sure felt like I was being condemned by his reply for making such a post.

Might I add that I thank you for your original input. I see you around here often and you are always so helpful to most and you have my full respect.

I wasn't trying to brag or anything. Just trying to clear up the fact that I'm not the kinda person to come here and start dumping my money on every suggestion. Again, I just wanted to gather ideas.

What I'd rather not happen is this turn in to a giant argument and bashing. I don't have anything against anyone here and I apologize if I have offended someone.

Just posing a real question for some real answers.

[ 1 ] Thanks
1 reply

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sbucciarel

Banned 12 years ago

Originally Posted by jkennedy

I wasn't talking about you. I was mainly speaking to the first who replied. It sure felt like I was being condemned by his reply for making such a post.

Might I add that I thank you for your original input. I see you around here often and you are always so helpful to most and you have my full respect.

I wasn't trying to brag or anything. Just trying to clear up the fact that I'm not the kinda person to come here and start dumping my money on every suggestion. Again, I just wanted to gather ideas.

What I'd rather not happen is this turn in to a giant argument and bashing. I don't have anything against anyone here and I apologize if I have offended someone.

Just posing a real question for some real answers.

No problem. I personally didn't see that his post was rude or argumentative, but I've seen a lot of really, really rude and inflammatory posts on this forum so it takes more to get me riled up.

But some of us don't know you or how much you make or your capabilities. We see a lot of newbies come here and say they've got a bunch of cash to spend. Some of us get protective at that point. We know what's going to happen. They're going to start getting pms with great suggestions on how you can spend that cash ... mostly by transferring that cash to them for something or other. So not knowing whether or not you'd be likely to fall for some of that stuff, some of our advice is for the protection of people who might. You've cleared that up pretty well, so sorry for the harsh response ... it just came off as a bit much at the time.

Now with this new understanding, maybe you'll get some better ideas.

Thanks
1 reply

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jkennedy

Banned 12 years ago

Originally Posted by sbucciarel

No problem. I personally didn't see that his post was rude or argumentative, but I've seen a lot of really, really rude and inflammatory posts on this forum so it takes more to get me riled up.

But some of us don't know you or how much you make or your capabilities. We see a lot of newbies come here and say they've got a bunch of cash to spend. Some of us get protective at that point. We know what's going to happen. They're going to start getting pms with great suggestions on how you can spend that cash ... mostly by transferring that cash to them for something or other. So not knowing whether or not you'd be likely to fall for some of that stuff, some of our advice is for the protection of people who might. You've cleared that up pretty well, so sorry for the harsh response ... it just came off as a bit much at the time.

Now with this new understanding, maybe you'll get some better ideas.

And you know what.. haha, my inbox is indeed being flooded with offers..
I can definitely see where some would need that protection.

These guys and their PMs, they can't be serious. I can't believe people fall for this stuff, it's so sad. I guess he was right, I almost regret posting this.

Where is the serious conversation around this place?

Thanks

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theory expert Banned 12 years ago

Let's say you have some money lying around and you contact theory expert. You want passive income pass me the ball. I am seeking the championship title.

Your welcome.
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PerformanceMan 12 years ago

Originally Posted by jkennedy

Thanks for the input everyone.

Let me clear a few things up.
1. I'm not stupid. 2. I'm not naive. 3. I'm not gullible 4. I'm not a newbie.

Prove it.
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- jkennedy Banned 12 years ago
  
  Originally Posted by PerformanceMan
  
  Prove it.
  
  Ooo, a challenge :-)
  Well, don't think I can really "prove" it here but it is what it is.
  
  Thanks
  
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Rbtmarshall

12 years ago

so you have a six figure business, and are looking for suggestions on how to turn a few grand into residual income with low risk and fast turnaround?

you should already know the answer to that, you sound pretty confident with yourself, why ask us(the forum members) for advice... just create some more rehashed crap and sell it for the quick buck under another sockpuppet

Thanks
1 reply

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jkennedy

Banned 12 years ago

Originally Posted by Rbtmarshall

so you have a six figure business, and are looking for suggestions on how to turn a few grand into residual income with low risk and fast turnaround?

you should already know the answer to that, you sound pretty confident with yourself, why ask us...

I'm confident with my business yes. But I am humble and of course I realize that just because I have a decent business (there are many that make so much more) that I'm not the beez knees and still have a lot to learn.

Even the highest CEOs have brainstorm sessions to gather input and ideas.. I still don't see what's wrong with that.

Sure, I'm good in one business.. but hey, maybe I'm missing out on something more? Maybe someone knows about something I don't where I can take some of the extra cash that I don't reinvest into my current business and turn a little more profit.

One good answer, researched and tested, could mean a whole heck of a lot to anyone.

Thanks

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Rbtmarshall

12 years ago

well, you've started with no basis for any kind of brainstorming. the 3 rules you laid out are nothing more than a dream, not really a brainstorming opener.

everyone would like a guaranteed low risk fast income generator.

there was one guy a few days ago pitching a service.

I think he wanted 650k investments... all you had to do was invest, he would take care of the rest while you just sit back and collect the residual income at a guaranteed return of 18% minimum.

does that sound like something you might be interested in?
I'll try and find the link.

Thanks
1 reply

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jkennedy

Banned 12 years ago

Hehe, nice one. No I'm not into scams of course.

From my point of view the 3 rules made a great staring point.
Everyone would love to have it, it's damn near impossible to find.
Hence the reason for the post and ultimately a great discussion for a brainstorm..

The topic should be "How do you do it?"
When I brainstorm, I find a problem... in this case the "million dollar question of how to find that elusive business... it DOES exist. Someone is doing it, somewhere. There is someone who does almost every impossible thing we can think of.

So we take that problem and pop out a bunch of ideas, examine them and try to find a solution.

Good reply though, thanks for the input and participation.

Originally Posted by Rbtmarshall

well, you've started with no basis for any kind of brainstorming. the 3 rules you laid out are nothing more than a dream, not really a brainstorming opener.

everyone would like a guaranteed low risk fast income generator.

there was one guy a few days ago pitching a service.

I think he wanted 650k investments... all you had to do was invest, he would take care of the rest while you just sit back and collect the residual income at a guaranteed return of 18% minimum.

does that sound like something you might be interested in?
I'll try and find the link.

Thanks

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Rbtmarshall

12 years ago

Here is it: http://www.warriorforum.com/main-int...c-targets.html

Thanks

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John Romaine

12 years ago

Quite possibly the most dangerous way of starting a thread on the Warrior Forum.

".....I've got a few extra grand laying around"

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jkennedy Banned 12 years ago

Originally Posted by John Romaine

Quite possibly the most dangerous way of starting a thread on the Warrior Forum.

".....I've got a few extra grand laying around"

Excellent point, So I've changed up the original post a bit.
- Thanks
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JohnyEnglish

12 years ago

'Yeah my speech like a god and mine the best'

Thanks
1 reply

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jkennedy Banned 12 years ago

Originally Posted by JohnyEnglish

'Yeah my speech like a god and mine the best'

What??? :confused:
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- Shane Bellone 12 years ago
  
  I'd check out Empire Flippers / Adsense Flippers marketplace.
  
  Their websites are generally safe investments and they have a great reputation.
  
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WarrenPeterson

12 years ago

The issue is that there really isn't any real brainstorming you will get in this context.

Investing has been pretty much the same for as long as there has been a fluid currency to invest with.

Want safe, go with funds, want more risk and potential, go with individual stocks. Both can be a big crapshoot unless you have real insight and knowledge behind your choice. I know people who thought they had an 'in', and lost 7 figures fast.

If you are really serious about bigger ideas, then move over into the VC world and the angel world. That is where some really great magic happens. Big risks, big rewards.

But small risk, limited participation (ie a fund), and fast returns simply don't exist, the math doesn't work....

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Kay King 12 years ago

1. I'm not stupid. 2. I'm not naive. 3. I'm not gullible 4. I'm not a newbie.

and perhaps
5. not serious

You are looking for ways to make

fast money
guaranteed income
passive income
ongoing income
no work
low to no risk

i.e., all of the hyped headlines you'll find on one IM "product" after another. All of the unrealistic expectations every newbie starts with - but you say you aren't new...so....

Those trying to make money for themselves will try to sell you crap by PM -those who are making money will think "get real".
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butters

12 years ago

I am going to Vegas for new years... I reckon I am a sound investment, only a smallish risk involved, could possibly quadruple your money, just saying

.

Thanks
1 reply

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theory expert Banned 12 years ago

Originally Posted by butters

I am going to Vegas for new years... I reckon I am a sound investment, only a smallish risk involved, could possibly quadruple your money.

I like your thinking. can I wire your money to Cuba?
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- butters 12 years ago
  
  Originally Posted by theory expert
  
  I like your thinking. can I wire your money to Cuba?
  
  Thats cool, ill go to cuba first
  
  Thanks
  
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Sharpay

12 years ago

Originally Posted by jkennedy

Brainstorm... To find the impossible business model..

Here are the criteria:

1. Put the money to work, not yourself. It must be passive where you can put money in and return a profit.

2. Fast turn around or monthly residual. Don't want to be waiting two years to get a turn around on the money.

3. Small risk. Everything has a little risk, after all we are entrepreneurs, but invest in something that we can be confident will provide a return.

Yep, not an easy model to come up with... if it were that easy everyone would be doing it... right?? The focus here is the money. This isn't about trying to find the cheap easy street. This is about putting money to work to get a return. After all, it takes money to make money (real money).

I figure this would help others in here as well.

Well... you could always leverage Facebook ads with the right targeting.

That's what I've been doing! Heheheh.

In all honestly, I've had this reply open for over an hour and I've been trying to think of something besides just facebook. Unfortunately I am a newbie, so I got nothin'

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jungl

12 years ago

Don't do mutual funds. Index funds almost always outperform when you take into account fees, etc. Also, most "managers" just hug the index and make a few bad plays on the side anyway, which is why you'd be better off with an index fund. A good read is A Random Walk Down Wall Street by Burton Malkiel.

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theory expert

Banned 12 years ago

Originally Posted by jungl

Don't do mutual funds. Index funds almost always outperform when you take into account fees, etc. Also, most "managers" just hug the index and make a few bad plays on the side anyway, which is why you'd be better off with an index fund. A good read is A Random Walk Down Wall Street by Burton Malkiel.

Dude this thread is a joke lets just ride the mutual funds wave for fun. We know index funds is the best investment in comparison, but, that's neither here nor there in this thread.

[ 1 ] Thanks
1 reply

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WarrenPeterson

12 years ago

Originally Posted by theory expert

Dude this thread is a joke lets just ride the mutual funds wave for fun. We know index funds is the best investment in comparison, but, that's neither here nor there in this thread.

Exactly, there is no point going into the details of fund types here... Next we'll be deep into the religious debate of load versus no-load, broker alliances, and then cats and dogs living together!

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butters 12 years ago

Originally Posted by WarrenPeterson

cats and dogs living together!

I couldn't resist

Dogs and Cats Living Together - Mass Hysteria End...
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- WarrenPeterson 12 years ago
  
  Originally Posted by butters
  
  I couldn't resist
  
  Dogs and Cats Living Together - Mass Hysteria End of the World Mashup HD - YouTube
  
  I was kind of asking for that, wasn't I?
  
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  Signature
  
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  Then you need this: 21 Days To Business Success
  
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mialove

12 years ago

You know, a few month ago i wanted to open exactly the same thread, but i guess "it's to good to be true", and this is one you got this kind of response.

In my case, i decided to take a mentor. I believe it will save me a lot of mistakes on the way.

There is a lot of things you can do, but everywhere is the risk.
Example of passive busyness model:
To make an amazing click bank product in a hot niche, to invest in very good copy, to test, get affiliates and here it is - great passive income.
Now, where is the problem?
To come up with original and interesting product, its not easy at all.
And if you will do something that already exist, you will not get a lot of promotion.

Thanks
1 reply

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jkennedy

Banned 12 years ago

Originally Posted by mialove

You know, a few month ago i wanted to open exactly the same thread, but i guess "it's to good to be true", and this is one you got this kind of response.

In my case, i decided to take a mentor. I believe it will save me a lot of mistakes on the way.

There is a lot of things you can do, but everywhere is the risk.
Example of passive busyness model:
To make an amazing click bank product in a hot niche, to invest in very good copy, to test, get affiliates and here it is - great passive income.
Now, where is the problem?
To come up with original and interesting product, its not easy at all.
And if you will do something that already exist, you will not get a lot of promotion.

Thanks for the input.
I already have a successful business revolving around product creations, etc.

What I am looking for is a little something on the side.
Apparently people seem to take this thread as a joke.
I think it's funny myself, that folks don't realize there are actual businesses out there that generate passive income that are leveraged based on the amount of money you put in, and not the work.

That's all I'm talking about here. And the risk, let's just throw out the risk factor... as I don't think some understand what I mean by "low" risk.. not to be confused with "no" risk.

Let me just throw some examples out there of businesses that leverage money for passive income.

- Vending. You put in the upfront work of finding good placement. You hire a teenager to run the route for you. With good placement the risk is small and the return can be very high and easily scale-able by leveraging profit to put up more machines.

- Rent/lease/loan. Property, low value loans, etc. There is more risk but the game is the same. Hire property management. An leverage profit for more output. It's a low touch business that makes money for you with little work and leverages money as the worker.

- Outsource services. There are too many to name. You can outsource almost any kind of service. No touch, and is only limited to the amount of funds you can put in to hire more workers.

Sure, I can invest in any one of those, but that's not the point. The point of this thread is to bring up more ideas. So, who's up for more?

Thanks
2 replies

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WarrenPeterson 12 years ago

You just changed the criteria of your conversation...

Now you are talking about starting companies where you are the owner, versus the owner/operator. Any business can fall under that model...

All entrepreneurs should be diversified into these sorts of activities. Individuals (ie non-entrepreneurs) diversify their investments, entrepreneurs diversify their business holdings. I agree entirely that you should own (in whole or in part) multiple companies, of different models, including ones where you are 'simply' an investor/owner instead of being active in the company or an owner/operator.
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salmanijaz

12 years ago

Originally Posted by jkennedy

Thanks for the input.
I already have a successful business revolving around product creations, etc.

What I am looking for is a little something on the side.
Apparently people seem to take this thread as a joke.
I think it's funny myself, that folks don't realize there are actual businesses out there that generate passive income that are leveraged based on the amount of money you put in, and not the work.

That's all I'm talking about here. And the risk, let's just throw out the risk factor... as I don't think some understand what I mean by "low" risk.. not to be confused with "no" risk.

Sure, I can invest in any one of those, but that's not the point. The point of this thread is to bring up more ideas. So, who's up for more?

If i were you (i hope soon

) i will look for some upcoming trends like mobile marketing .... though its rising as we speak but there is a lot less saturation and much more opportunities for growth. Also the risk of failing like all other business models is there but i think its much minimal as compared to the one you mentioned in your post ....

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tpw

12 years ago

If I leave money lying around my house, my kids will steal it.... So I don't.... :p

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Shane Bellone

12 years ago

@TryBPO

You guys are quick to jump in after being mentioned. One of the many reasons I'm looking forward to purchasing one of your websites.

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Daniel Evans 12 years ago

Let's say you have some money laying around...

Aye, this be my problem too.

It was only this morning I stubbed my toe on my gold bullion doorstop.
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WarrenPeterson

12 years ago

Originally Posted by jkennedy

T...
I like the idea of investing in troubled startups, but my question is.. if they are in hot water, they obviously have something very wrong going on, why would one invest in a failing business? Are you thinking possible to take it and try nd turn it around?

OK, now we're getting to some meat.... this is a great question!

Yes sometimes these are very good investments. You're not buying/investing for their revenue stream, you are investing for their concept, patents, contact list, strategic partnerships, etc.... They are out there, but not easy to find and/or validate. (However, none of them will meet your initial criteria. Those are all serious work, stress, and risk.)

The VC and Angel world is all over this, as are the takeover companies, but they are all (in general) at a higher price point. With your background, I'd instead be looking at the 'small' sites, where the owner had the idea to start something, but has no clue how to run a business and just wants out, so to speak. Find one of those (that is where your work is, up front), perform your analysis on it, and if you see it working, then hire someone to run it (this is part of your risk, now liability and the 'fun' of employees) - with you providing insight and direction (this is where your time is).

After time, your work, risk, and time are all minimized, but it will take some time to get there...

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Let's say you have some money laying around...

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