Is it REALLY possible to make money doing nothing?

11 years ago

Well, I'm confused...

First, you're saying you can make money doing nothing...

And after that, you're saying you have to work in order to make money.

I'm sorry, but this post makes no sense at all... (At least to me...)

~ Dave

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blackli0n

11 years ago

Originally Posted by Amazing Dave

Well, I'm confused...

First, you're saying you can make money doing nothing...

And after that, you're saying you have to work in order to make money.

I'm sorry, but this post makes no sense at all... (At least to me...)

~ Dave

I edited it a bit. Does that make more sense now?

The point is that you have to work hard to reach the point of making passive income, BUT...it's totally possible.

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TheRockstarWriter

11 years ago

Originally Posted by blackli0n

I edited it a bit. Does that make more sense now?

The point is that you have to work hard to reach the point of making passive income, BUT...it's totally possible.

Did you read your own title?

Is it REALLY possible to make money doing nothing?

And then your post goes into a bit of a ramble about you can totes make it if you just put your mind to it and work super hard (and that main idea is a problem all on its own, see: "take massive action!"). So one of the following things has happened:

1. Clickbaiting.

2. You don't understand writing.

3. You forgot what you meant to write after writing the title.

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blackli0n

11 years ago

Originally Posted by TheRockstarWriter

Did you read your own title?

Is it REALLY possible to make money doing nothing?

And then your post goes into a bit of a ramble about you can totes make it if you just put your mind to it and work super hard (and that main idea is a problem all on its own, see: "take massive action!"). So one of the following things has happened:

1. Clickbaiting.

2. You don't understand writing.

3. You forgot what you meant to write after writing the title.

I guess it IS a mess. I was trying to be helpful, I don't have anything to sell.

And I guess the title could be better worded to say "It's possible to making residual income".

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TheRockstarWriter

11 years ago

Originally Posted by blackli0n

I was trying to be helpful

Hey, that's an inherently good thing. It's also a responsibility, so make sure you really know what you're trying to say and that you have accurately conveyed that message before you hit submit.

Originally Posted by blackli0n

And I guess the title could be better worded to say "It's possible to making residual income".

There you go. Although to avoid being just more "go get 'em" white noise among a bunch of people who say the same thing but couldn't back it up, I'd offer up proof that you know what you're talking about, or just post an inspirational quote on a nature background

.

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blackli0n

11 years ago

Originally Posted by TheRockstarWriter

Hey, that's an inherently good thing. It's also a responsibility, so make sure you really know what you're trying to say and that you have accurately conveyed that message before you hit submit.

There you go. Although to avoid being just more "go get 'em" white noise among a bunch of people who say the same thing but couldn't back it up, I'd offer up proof that you know what you're talking about, or just post an inspirational quote on a nature background

.

You know...I understood myself perfectly fine when I wrote it. It isn't until somebody else points something out to you that you realize others see it differently. I was much more focused on how I felt and the message I wanted to give rather than how someone else might perceive it.

In regards to showing proof...I'm trying to inspire, not brag or sell advice. And no way in hell would I ever want someone to be able to connect my WF alias to who I really am on the internet (my web presence pulls over 200k-uniques a month). I enjoy being anonymous right now.

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TheRockstarWriter

11 years ago

Originally Posted by blackli0n

You know...I understood myself perfectly fine when I wrote it. It isn't until somebody else points something out to you that you realize others see it differently. I was much more focused on how I felt and the message I wanted to give rather than how someone else might perceive it.

Somebody willing to admit they're not perfect? You win the Internet (no sarcasm).

Originally Posted by blackli0n

In regards to showing proof...I'm trying to inspire, not brag or sell advice. And no way in hell would I ever want someone to be able to connect my WF alias to who I really am on the internet (my web presence pulls over 200k-uniques a day). I enjoy being anonymous right now.

To each their own, I guess. My personal view is that once you step outside of talking ideas/theory and start saying "you can do it, and I back that up with my experience" it is probably good idea to prove you had the experience. This is the Internet, where anyone can be anybody (as you're well aware with your other personality).

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blackli0n

11 years ago

Originally Posted by TheRockstarWriter

Somebody willing to admit they're not perfect? You win the Internet (no sarcasm).

To each their own, I guess. My personal view is that once you step outside of talking ideas/theory and start saying "you can do it, and I back that up with my experience" it is probably good idea to prove you had the experience. This is the Internet, where anyone can be anybody (as you're well aware with your other personality).

I think if I had to "prove" my experience everytime I wanted to share advice or inspire/help others, I would probably be too lazy to do it. You're talking to a guy who makes money doing nothing. Even if you wanted to pay me to actually explain stuff, I probably wouldn't want to do that either. I just can't be bothered!

Good luck to you!

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dewayneboyd

11 years ago

Originally Posted by blackli0n

You know...I understood myself perfectly fine when I wrote it. It isn't until somebody else points something out to you that you realize others see it differently. I was much more focused on how I felt and the message I wanted to give rather than how someone else might perceive it.

In regards to showing proof...I'm trying to inspire, not brag or sell advice. And no way in hell would I ever want someone to be able to connect my WF alias to who I really am on the internet (my web presence pulls over 200k-uniques a day). I enjoy being anonymous right now.

You call yourself a monetization designer, yet you are making 9K per month from 6 million unique visitors? LOL. That ain't very good, man. You're either not telling the whole story or you are LOL bad at monetization.

And yes, you are trying to sell advice. You say right in your sig that you are a coach.

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blackli0n

11 years ago

Originally Posted by dewayneboyd

You call yourself a monetization designer, yet you are making 9K per month from 6 million unique visitors? LOL. That ain't very good, man. You're either not telling the whole story or you are LOL bad at monetization.

And yes, you are trying to sell advice. You say right in your sig that you are a coach.

Hahaha...I'm no IM expert, my friend. I just figured out how to make the money at last. AND DUDE! I just realized, I screwed up the numbers. That was supposed to be 200k uniques/month. I fixed it just now. So either way you look at it, I'm not the best but I think I'm ok with my results regardless.

And don't you worry about my signature, ok? I can assure you it's not my business or income to sell IM information. That signature is there dissuade people from asking me for free advice...and at the very least, offer me tons of money before asking me...so far, it hasn't happened. But don't you worry, I'm not competing with any of you Warriors with WSO's or whatever you call it. You can even click on my site and see that I'm offering nothing there, either.

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Karen Blundell

11 years ago

Originally Posted by blackli0n

And no way in hell would I ever want someone to be able to connect my WF alias to who I really am on the internet (my web presence pulls over 200k-uniques a day). I enjoy being anonymous right now.

that is a very smart move - I wish I had been as smart back in the day

but live and learn!

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blackli0n 11 years ago

Originally Posted by Karen Blundell

that is a very smart move - I wish I had been as smart back in the day but live and learn!

Absolutely, Karen. It's important to value privacy and being able to live without having to constantly be the BRAND that people know you for. I'm at the point where anybody could Google me, talk about me, people in my "niche" (or industry) are recognizing me on the streets. It sounds flattering at first, and then starts to be a bit annoying, and then finally you feel obligated to say hello and smile and chat with every stranger simply because they recognized you from your work.

I have a famous brother, too....and he tells me it takes him 1-2 hours to say BYE when he leaves the room because everyone wants a piece of him. Weird stuff, I tell you.
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Walter Cyclid

11 years ago

Originally Posted by TheRockstarWriter

There you go. Although to avoid being just more "go get 'em" white noise among a bunch of people who say the same thing but couldn't back it up, I'd offer up proof that you know what you're talking about,

To that I would say why should he offer up proof. Nobody else in IM does.

Seriously though, I have been researching and working with many different IM marketing methods and monetization models for years now, and I can honestly say not one IM guru so far has shown me proof that their marketing methods or procedures work. That doesn't seem to stop too many of them from saying they've proven something though. LOL

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Black Prince

11 years ago

Originally Posted by Walter Cyclid

Seriously though, I have been researching and working with many different IM marketing methods and monetization models for years now, and I can honestly say not one IM guru so far has shown me proof that their marketing methods or procedures work. That doesn't seem to stop too many of them from saying they've proven something though. LOL

The problem is that 'proof' can be easily faked. I know some (former) Warriors have been busted for getting lazy with fake Paypal screenshots. Even if photo grabs aren't faked, usually there's no telling the source of the sales.

But that is not to say it is all fake. The thing is ... anybody who has been around the IM game for a while knows how it works: traffic, offer, conversions. Once you really get your head around that concept, you don't really need proof. You either get how a tactic/strategy can improve that formula or not.

For example, lots of marketers who were around in the mid-2000s will tell you about the Bum Marketing Method. It basically involved finding specific keywords that hit a formula, writing articles, submitting them to EzineArticles, and banking with an affiliate link in the author bio. And it worked.

Was it the greatest strategy for a long term business? No. But it should have shown people that if you get targeted traffic to an offer, you can make money. That has not changed in the years that have passed. And if anything, it is easier than ever to find that targeted traffic and set up shop.

What I'm saying here is that you can even learn from those 'gurus' who do not provide proof. They are clearly making money by driving targeted traffic to their product. That is the only secret in internet marketing. After that, it's just about tactics to increase that traffic or boost that conversion rate (and thus, your bottom line.)

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ColdWritingLLC 11 years ago

Originally Posted by blackli0n

The point is that you have to work hard to reach the point of making passive income..

And our point is that you started your post by saying it was possible to make money doing nothing and you go on to explain what things you have to do to make money. So your first sentence and your title are in direct opposition to your intended post.
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Will Edwards

11 years ago

Originally Posted by Amazing Dave

Well, I'm confused...

First, you're saying you can make money doing nothing...

And after that, you're saying you have to work in order to make money.

I'm sorry, but this post makes no sense at all... (At least to me...)

~ Dave

It is DEFINITELY possible to make money doing NOTHING - absolutely correct.

However, you first have to put in a lot of work.

Will

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colibri2014 11 years ago

What he really means is that he worked and learned and made a lot of mistakes and over 6 years gradually built a business that is now an ASSET that gives passive income whether he works or not. That is the ideal situation for ANY business. Build it over time so it makes money whether you work or not. PERFECT. But there is a lot of upfront work.
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JohnFinch

11 years ago

Originally Posted by Amazing Dave

Well, I'm confused...

First, you're saying you can make money doing nothing...

And after that, you're saying you have to work in order to make money.

I'm sorry, but this post makes no sense at all... (At least to me...)

~ Dave

He was trying to be a little like those NLP seminar guys.
You can make money with doing nothing, after you made everything.
Now you can sit back and relax.
THis is very subjective since if you love what you`re doing you can`t stop "working".

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cferfland247

11 years ago

Doesn't make sense to your first answer and then you come up with a magical idea. So how it can be doing nothing as you already worked to come up with an idea?

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ColdWritingLLC

11 years ago

This, ladies and gentlemen, is an example of how quality writing is more than just throwing buzz words around and expecting your audience to go along with you.

The two posts above me are both on point - not only is it not possible to make money while doing nothing (as, by definition, the act of making money is something) but you then go on to say that not only is possible but only through not doing 'nothing'.

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JasonB

11 years ago

SO basically after you worked your ASS off you made money..... now you don't have to do anything to make money?

Still doesn't make sense.

I'm doing nothing right now and made nothing, but yesterday I worked my ASS off and made money...lol...Make sense?

JB

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blackli0n

11 years ago

Originally Posted by JasonB

SO basically after you worked your ASS off, now you don't have to do anything to make money online?

Still doesn't make sense.

I'm doing nothing right now and made nothing, but yesterday I worked my ASS off and made money...lol...Make sense?

JB

YES EXACTLY...I am (now) making money everyday doing NOTHING.

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John J M

11 years ago

Ah guys, get off your high horses.

The guy is just trying to say it's a good idea to work hard upfront, create multiple income streams, and I'll add outsource whenever possible.

That will bring you to a place in which you have to do a lot less work. You'll still have to manage everything, so "no work" would be false, but the point is understood.

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Daniel Evans

11 years ago

"Work now. Prosper later and work less"?

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Karen Blundell

11 years ago

I know what the OP meant -

Whatever happened to kindness? Have we become so cynical that we think everyone has ulterior motives?

yes, you can make money doing nothing once you do whatever you have to do to set up your passive income streams - it's been proven time and time again -
I am working on that quietly myself but I am still providing a service to existing clients while I build that passive income. Fact: it doesn't happen over-night unless you have a huge advertising budget to finance the best copy-writing, the best paid advertising. etc.

here is the most important truth:
it takes some money to make money - and the more money you have, the more you can leverage that money to make more - that is the real secret that none of the so-called gurus will ever teach you.

Now that is not to say you can't do it on the cheap. I know full well you can - but that way is far harder - and a longer road to freedom. And sometimes you are left to wonder if it's all worth it.

yes, it is

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datingworld

11 years ago

Originally Posted by Karen Blundell

I know what the OP meant -

Whatever happened to kindness? Have we become so cynical that we think everyone has ulterior motives?

yes, you can make money doing nothing once you do whatever you have to do to set up your passive income streams - it's been proven time and time again -
I am working on that quietly myself but I am still providing a service to existing clients while I build that passive income. Fact: it doesn't happen over-night unless you have a huge advertising budget to finance the best copy-writing, the best paid advertising. etc.

here is the most important truth:
it takes some money to make money - and the more money you have, the more you can leverage that money to make more - that is the real secret that none of the so-called gurus will ever teach you.

Now that is not to say you can't do it on the cheap. I know full well you can - but that way is far harder - and a longer road to freedom. And sometimes you are left to wonder if it's all worth it.

yes, it is

Thanks Karen for posting; you have some very interesting points in it.

OP might have not used correct words but Yes it is possible to make residual income without doing anything BUT to reach to get that residual income, you have to work, you have to sweat and you have to spend money.

I personally have a residual income which doesnt require me to do anything but it took me year to reach to this point and I know many more people enjoying decent residual income.

Good Luck to all

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Greg guitar

11 years ago

Originally Posted by Karen Blundell

here is the most important truth:
it takes some money to make money - and the more money you have, the more you can leverage that money to make more - that is the real secret that none of the so-called gurus will ever teach you.

That "real secret" is simply a truism, not a secret. How can the "gurus" keep something so obvious and self evident to themselves? Now can we talk about retiring the word "guru", which surely has to be one of the most overused words on the forum? While we're at it, how about scaling back on the almost as tired term "secret"?

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Joan Altz

11 years ago

Building that initial skill set and putting it all together into something that makes money is where a lot of people who are willing to work hard get stuck, which is why outsourcing from the beginning for those who can afford it is sometimes the best option. But even outsourcing takes some skill.

I'm one of those who don't think it's possible for everyone to make it to the point where they can quit their job.

Some people lack comprehension.
Some people are just too lazy.
Some people are too scatter-brained
Some people are too negative
Some people just suck at doing anything

It's not always about "taking action" or "staying focused". For some, yes, but not for all.

Many of the types I listed above, however, can get ahead using two methods:

1. Complete, done-for-you services
2. The right coaching program or mentorship for them.

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