The passive income lifestyle

It is very true that earning residual money from sales you made in the past is better then trying each month to get new sales. Lord knows I did that before for a few years and can tell you that selling one time commission products is harder because you need to get new sales to keep a positive cash flow.

That is not what most of the gurus or experts do anyway. That would be boring after a while.

You have to love what you do. If you earn a considerable income doing something you don't like that takes one hour a day... well... you have a great opportunity to embark on a new journey.

Donald Trump eats his lunch at his desk whilst working.

It's a tough job, but someone has to do it.

No one is doing that.

Making money is easy... it's keeping it that requires work. If you have a team of employees keeping the machine lubricated, and decision-makers making the necessary strategic changes, you could conceivably live that lifestyle. But for a solo entrepreneur, it would be short lived.

Affiliates will always find new things to promote.
Google will always make changes that impact your rankings and traffic.
Competitors will always analyze what's working for you and seek to one-up you - either by creating a better product, or "out-marketing" you. Or both.

This thing we call a "passive income" really isn't... in fact, I think you'll find that most of the people who claim to make a passive income actually work more than the typical 9 to 5'er. The difference is they've made work a part of their lifestyle, so it gives the "illusion" of freedom.

Sure, they're hanging out at the tiki bar at 2:00 in the afternoon on a Wednesday, but they're buried in their tablet the entire time. They take a lot of "vacations" but always have their laptop and other misc. devices to stay connected. They're pecking away on their phone responding to emails while out to dinner with their friends or at the beach with their kids. And if they stop doing any of these things, even for just a day or two, the next day will require 100% of their time just to catch up.

There is no such thing as a passive income in IM. Your "residual commissions" only last until the customers you referred cancel, or the company/offer you promoted ends or goes belly up - and many of them do on both counts. A passive income and a reliable income aren't the same thing, and everyone in this space is constantly seeking out new opportunities and managing existing ones to stay on track. Anyone who isn't living off of money that's already in the bank (or interest from it) and says "I only work an hour a day" is kidding themselves... they might only focus on it for an hour a day, but I guarantee you they're connected 24/7.

Most people in the business have to keep working. I have a friend who makes $$$ each month from his forum, but he's lazy and sooner or later a better forum will dislodge him.

My own software business makes about $100 a month now - in 2008 it was making $2000 a month. See what happens when you become complacent?

So passive income is a myth really.

The Sitting on the beach while watching your Paypal account fill up lifestyle was created to lure in newbies and sell a book by Tim Ferris

Yes if you are doing things right you can go to sleep at night and wake up in the morning and find that you've made X amount of dollars while you sleep but you are still going to have to put the work in the next day if you plan on sustaining that income.

Pretty much my goal. There are worse places to live, IMO.

It's not really passive income. It's more like very actively managed passive income, if you know what I mean.

I do not make residual affiliate commish. I do however, own memberships that throw off a significant residual.

I'm not bored.

I'm also not working 30 seconds a day. I work 40 - 60 hours a week AND That's with my assistant who works 40 hours a week.

The residuals are nice because they provide income consistancy but I'm ALWAYS spending my time working on the next project or doing consults.

My assistant handles all the busy work like answering the phone, book keeping, customer support emails and PMs .

I agree with those who say "passive income" isn't really "passive."

I think a better word for it is "cash flow".

There is what's called an "attrition rate" and that's basically how long a member "sticks" in a membership re bill program. For me, it's around 11 months.

Therefore my memberships need to constantly be promoted and new members constantly ADDED or things would dry up.

That, along with everything else I do, translates into a VERY full time job.

The good news is. If you do it right and do keep workingthe sum of your re bills each month can be greater than what's considered a high end annual income.

I am new to affiliate marketing.I just created my first blog.That passive lifestyle doesn`t sound boring to me.Achieving that lifestyle seems to be out of range at the moment,but I keep trying.I dream of that lifestye.

You don't need to spend all your time at the beach. You can go to many other places and do many other things.

True, love residual income when it's available. Thing is, clients typically are more reluctant to sign up to recurring subscriptions and the cancel rates are often quite high on many recurring income products.

Tim Ferris always seems a bit of a workaholic to me.

I make a perfectly good income from writing my newsletter for about 2 hours a week. 3 if I'm feeling particularly garrulous.

Does that mean I don't do anything for the rest of my time? Sometimes. I'm off to the theatre this afternoon and my wife and I like to eat out and go to the movies rather more often than most people.

But the reality is that I love Internet marketing, blogging, website building, php coding and all kinds of other related activities and don't consider any of them to be work. In fact, even the 2-3 hours writing my newsletter is hardly 'work' in any conventional sense.

The Internet lifestyle - which is what this thread is really about, whether it is generated entirely from passive income or just easy income - is about having freedom. Freedom to work when you want to, freedom to goof off when you want to and freedom to live your life without guilt.

It isn't easy to achieve, but it is a lot easier than serving a 5-year apprenticeship or slaving in a soulless, thankless office for most of your life (done that, glad to be out of it!)

Martin

Well, who told you to be still after you are done setting up the system? Why not rinse and repeat, and the some? You might just end up beating the other guys on the Forbes list.

The key here is to learn how to effectively outsource and delegate responsibilities. I could get away with working a four-hour work week and money would keep coming in (because I spent YEARS setting up my products and sales funnels, and building a network of affiliates)...but I work a heck of lot more than that, because it keeps me busy and it's intellectually and creatively challenging.

My point, though, is that outsourcing is the key. Your income will never be "passive" (and you won't get to fully reap the benefits of the internet lifestyle) if you're still shouldering all of the grunt work. As soon as it's financially possible, you've got to start building your team, piece by piece, so that you can free yourself up to focus on the big picture of your business. This can begin with hiring a "virtual worker" in the Philippines for a couple hundred dollars a month. From there, you can add a programmer, a graphic designer, a full-time content writer, customer service, and so on...

Getting bored of making money?

That's like saying:

Do you get tired of having freedom?

Do you get tired of having time to do whatever you want?

Just how important is freedom and time to you?

The 'passive income' or 'earn as you sleep' notion was fabricated by internet marketing gurus looking to sell info products. If you want to earn, you must find a product that pays residual (such as monthly web hosting or a subscription based site) and then constantly promote it again and again over the years, not just once. There is no set it and forget it plan in internet marketing. Even if your product pays out monthly, the marketing process will be continuous.

If it was so easy to set it and forget everyone would be loaded!

Bored of making money?? Bored seeing money hit the PayPal while I sleep?? Man that's a nice problem to have. LOL #RichPeopleProblems

Only if you don't count the variables of alcohol and pistols.

I have residual income from way back and I'm not rich yet. Companies go out of business, links are dead ect.

I do know some that live on the beach and work in Im, or travel and do it and make a full time income. They work though that is for sure. They still do everything they did at home. Let your guard down and someone will steal your castle.

Walmart could stop building right now and still remain on top for a long time. Do you think it will be that easy. There people work just as hard today as when they were new.

One of the many nice things about it is that it allows you to take some chances. You're liberated from the thinking of "oh, I have to make XXX amount to quit my job, or pay my mortgage"... etc

Most people I know in this business are serial entrepreneurs so they are always building something...that's just the nature of most entrepreneurs.

Personally, I like to work hard, build stuff, make it as passive as possible, then take a good chunk of time off. Then back to the grind because I DO get bored...or just need some entrepreneurial stimulation if you will.

The passive income lifestyle is nice but it has to be more than that. The secret is to have a love for what you do. If you're passionate about what you do you'll do great work. Plus passion will keep you going and you'll never get bored even when you're sitting comfortably and the money is rolling in.

Despite what they say, most internet marketers are not at this point where they can actually retire and get residual checks. Any type of online marketing takes active effort and when you stop promoting and optimizing for SEO, your sites become obsolete quickly as they are replaced by more relevant sites in Google search. Nothing lasts forever if you take it for granted, especially income from internet marketing.

if you feel bored that means you've lost the passion. Once you lost the passion and feel bored, don't worry about residual income, it won't happen.

I havent got to the point where I no longer have to work but if I did I would personally get bored because there would be nothing else left to do.

That's true actually. You dream big, achieve it and then think "oh that was easy" and suddenly you need a new dream for the "thrill" of it.

I'm not even close to the point of completely passive income, but I can think of dozens of reasons I'd never be bored with it: start another business, volunteer my time to charity, learn a new language, visit new countries, study a martial art, earn a scuba diving certification, take up surfing, chase women, register for cooking classes, write a book, renovate a house, road trip across the US, motorcycle through Vietnam, learn to play an instrument, go skydiving, build a family, coach a youth basketball team, etc.

Then again, my passion is for life (doing, learning, experiencing), not any particular "job" or "work".

Hi Zodiax!

No I'm living 800 meters from teh Gulf of Thailand now. Life is not boring. Mainly because I enjoy helping, writing and connecting, and I also enjoy having lived in tropical hotspots like Bali, Phuket and here in Pak Nam Pran, along with spots like Penang, and Quepos.....etc.....etc.

If you pick your niche based on your passion, and dig the tropics, each hour is exciting, and fulfilling, most of the time at least.

It's not for everybody though. Some travel blogger got totally sick of Phuket after 5 months. I would live there for the rest of my life if I ever settled down in 1 spot. My 5 months spent there felt like 5 days in many ways. Breath-taking scenery, and what a great spot on the southern tip of the island, where we stay.

As for the passive income bit, if you chase money then you'll be bored but if you follow your passion you'll never be bored. I enjoyed writing 2000 word posts daily and publishing 1 minute long videos, and I enjoy living in paradise, so I'll enjoy life.

Just a take from a guy who has been island hopping for the past 3 years, generating active and passive income

Tie your life to your passions, and creating service, and you'll enjoy the journey most of the time!

Ryan B

Living on the beach can get boring, even with tons of money pouring into your PayPal account. Even the richest go further and look for new and better ways to make more and more money elsewhere.

I dont know what people think. But I never get bored doing stuff when I see people pay me money everyday.

Not paid to my boss and my boss paid me.

You will not always get what you want. But if you try sometime, you might get what you need.

Well, if you get tired after a while living on the beach, fi you have enoguh money as you say, move somewhere else if that works for you. If you have the money, you can find things to do in order to maintain an entertaining lifestyle

lol can tell me which program or?

actually now ..I still cannot find a workable..realiable...program pay to my paypal...

Can you ever be bored when making money?

Well, i would wish to do charity and something never done before...

I dont know about you guys, but I would take that boredom all day long

I think it's the flexibility that is most attractive- of course that life style is not for everyone.

I get daily payments without doing nothing
much except light maintenance 1 hour or so
a week.

And I thought when this happened I, too,
would be sitting on a beach somewhere...

...sipping Pina Colada's.

Fact of the matter is...

...I simply love what I do.

I might take a break for a day or two after a
long project. See friends and family. Spread
the word and help them get into my game...

...strangers too, occasionally.

...then I'm BACK in the grind!

I can't control all the ideas that come to me
in dreams...

...from observation...

...studying...

...reverse engineering.

Sometimes I'll get a 'spark' and I just HAVE
to go forward with it just to see how it pans
out.

I'm too damn curious for my own good.

Sometimes the ideas are winners, most times
it's not, but it's fun to do regardless.

When they win I "Thank God for the idea"

When they lose, I do the same.

Because it is God he gave me the brain and
mind and body to ACT on these ideas.

With all things being equal...

...how CAN a entrepreneur rest on his laurels?

I've never met one who has, regardless HOW
wealthy, rich or well-off YOU think they are.

In OUR minds we don't see it that way.

In OUR heads we want to keep going, because
it's the implementing of the ideas...

...trying...

...failing...

...getting up and trying again until we succeed
that we go for.


At least I do.

I can appreciate ridding a bike better than if I
were BORN to know how to ride.

I'll never forget the bumps, bruises and scars
I got learning how to ride a bike.

So to this day, I appreciate a bicycle, perhaps
more than I do driving a car -- the learning curve
was simply almost non-existent.

The most successful people are the ones who
want to figure out a system that kicks out cash,
but it's the process of FIGURING IT OUT and
ACTING ON IT that keeps us coming back.

Not the money.

Not the income.

The Journey.

-- Joe Benjamin --

I have to work really hard still for my passive income (hmmm that doesn't make sense)...But I can do it from wherever. I usually pick the beach for months at a time.

Take Pat Flynn for example. Generating $70,000 a month but if he were to just stop, that number would drop like crazy. But he seems to love what he does and he innovates along the way.

I see real passive income these days as my real estate projects that literally require no work out of me and I receive a lease check each month. But it took quite a bit of capitol to get started.

ive done that before and my passive income died.

"if your not growing, your dying"

moral of the story: after your using the motivation of achieving what you "need," continue by refreshing that motivation to constantly improve to keep it alive.

Not bored here .. : )

I agree with the previous comments saying that you will keep working because you love the work.

While I am not a very successful Internet Marketeer (you get what you put in and I didn't nearly try hard enough), I had a six month period when I literally got a paycheck for putting my signature on a document, only once a month.
It was the best time of my life, and I was never bored. Even after it ended, my life was way better than before. It was the chance to explore a lot of different interest, travel, interact with all kinds of people, experimenting with what kind of person I could be.
In the end I sat back, reflected on it all, picked out two hobbies and a handful of people "to keep" and went back to a normal life without much trouble.

It might seem contradictory, but that period without work taught me how to work - I suddenly realized that I only put in effort when there was external pressure, so I acquired a lot of new habits to get myself working on personal projects, while before those always destined to be done "someday" (i.e. never).
So in that period I became productive, despite there being no need to.

I think if you were to use all the passive income to spend on yourself or family only, eventually you will get bored because you have nothing else left to buy, or you have been to the holiday resorts so many times the sight of them just makes you bored to death. And I think that's where most of us start out.

However, I think if you used your income for other purposes (and there are gazillions of them!!!) that do not centre around yourself, you will find new and ever lasting purpose. They say money doesn't buy happiness but I totally disagree with that. If you had a never ending source of money, imagine what an impact you could make in the world!!!

I think once you have lots of wealth, you'll develop the desire to help others. Once you start helping others, you'll realise that no amount of money is enough to help them all. hence you keep striving and continually raise your standards.

There's a quote from a famous entrepreneur (I forget who) that goes something like this...

"I gave up the 40hr work week to work a 60hr week"

I'm paraphrasing as they said it much more eloquently.

I think you get the jist of it.

I have some residual income from things I've done in the past that I no longer maintain or put any work into - i.e. Youtube videos I made about 2 years ago that point to affiliate products.

They still bring in commissions and I don't even know what YT account these videos are on or how to find them anymore. I lost all my records a year ago when my computer packed in.

I have 'passive' income in a sense from my email lists.

Messages in my autoresponder follow up series that continually have new subscribers opening them but I still have to funnel people onto my list for that to continue to bring income.

So I guess you could argue it's not really passive.

Am I the only person who finds the beach pretty boring anyway?

It's OK for a day or two but there's only so much sand and sunburn I can take.

People dream about living on 'paradise' islands but that would be my ideal of hell. I need to live in a vibrant city with lots going on or I get bored.

For me, passive income doesn't so much mean little or no work, it means convenience of what work I have - setting my own hours, working from a coffee shop (or beach, as the popular vision goes), etc.

As so many have said, if you don't like what you do, even if it's "passive" then it's still eating up your time and energy in stress and malcontent.

If you love your work, you could put 60 hours a week into your "passive income" and it would seem like so many minutes. Passive income is a state mind, to me.

My dream locale is a Craftsman bungalow about an hour from a medium-big city. Just outside Longview, WA, is the perfect area for me. About an hour from Portland, a few minutes from Longview proper, no state income tax, and you drive south to Oregon and buy sales tax-free, plus you get views of the river and get to drive on Ocean Beach Highway.

Note this is passive income so it should be supplementing your main source of income, so I'm not sure if I would describe it as being bored as much as making looking at it from the perspective of this being just one of the many additional streams of income that one may have.

I've actually put a lot of effort into thinking about this. I even wrote a little ebook on the topic (money, wealth, freedom...etc). I had some good fortune a few years back and obtained full freedom with more cash than I ever imagined (passive income from a forum I was a part owner in) and suddenly found myself facing this exact question..."I've attained freedom - now what do I do?".

The first thing I did was just sleep in wake up with a stretch and big yawn every day. After two decades of 7am starts I needed to sleep. Once I was up I'd bum around doing nothing new or spectacular treating every day like a Saturday. Watched a lot of TV and did pretty much anything I wanted to do. I'd jump up off the couch and jump in the car at peak hour just to feel what it's like not to have to be going to work.

Then I built a touring car with a supercharged V8 and drove it around the country aimlessly just exploring all the country roads for a few months until I blew the engine up and headed home.

All the while I was trying to think of new projects I could start, having really long conversations with other big thinkers, helping out when needed, even giving away cash was fun (big tips, paying full price...etc. It was just a little luxury that I thought I deserved.

Having a few bucks and having no financial or time pressures makes thinking big even easier so I started buying courses on video making, kept visiting here all the time and actually still had an interest in "playing" with IM and MMO and I took a deep interest in photoshop and other fun things. I bought a lot of WSOs just out of interest like picking up a magazine in the waiting room. I had no intention of using any of them but I'd try a few just because I find working online deeply satisfying.

So anyway, here's what I discovered (apart from "big money can come and go just as quickly as small money" ...lol). There are really only two things left to do once you've attained financial freedom (which I defined in a formula I created).

1) Indulge your hobbies
2) Follow your passions

All "freedom" type decisions can be broken down into those two categories. Anyone who thinks that being free will ever be boring has never really been financially free. It's the BEST existence. The big problem a lot of us have is recognising when we've made it. It happens way earlier than most people think (in my experience and I've interviewed hundreds on this very subject). The infatuation with "millionairism" is going to do us in. The reality is that financial freedom is much closer than we think - we just need to get some perspective. One thing's for sure, you don't need millions to be rich or wealth or free. That was my biggest discovery.

Even if you could generate this type of lifestyle. Most of us re not so lazy we would not find things to do with the money. Most folks with money will invest it in things that make more money. many of these things will create work for them.

When I first retired in 2003, at the age of 53, I was putting in a lot of time in my new venture of buying real estate. I checked my phone log one time, and I had spent more than 40 hours on the phone in that month, mostly talking to prospective home sellers. Going out to see properties and making offers.

It all took time, and most folks with money are doing such things I think.

lazy = no money.

half hearted = ok money.

Full bore head down bum up work ethic = What ever income you want.

Most people struggle to get past 1.

When all that they do not realise is that a little bit of work, like going to work monday - friday for just one week, you could build the most amazing product ever!!! That will attract many people, and much income.

But are people willing to put the hard work in? NOPE?

Its a tough world this internet marketing, but nothing was meant to be easy, LIFE in general is not ment to be eazy. But I have noticed the hard workers, and the passionate people always come through in the end.

FRANK kern is a classic people think he just jerks off all day, surfs, drinks beer, goes to slumber parties with bikini models and throws midgets off the balconey to bring in midnight.

The truth of the matter is these sorts of guys work their ass off to make it easier out the other end. There is no such thing as push button, and instant riches.....it all happens with hard work and determination.

I am sure FRANK KERN is the same as everyone. Even before FRANK KERN was not frank kern (we know him now as)....he had to start from somewhere, haggling and making mistakes and and hitting small home runs before it all came together for him. He would have to burn candle at both ends and work his TITS off to get to where he is today!

There is no EASY STREET in the world of IM, even though the sales letters out there say it is. And pave the yellow brick road and tell the prospect to click the red heals and be taken to a world of never never and beds full of money, and yahts and cars and bikini clad women rubbing their tits in your face while you try to count all your money!!! (Ummmm yeah, right I wish! LOL)

FOCUS on the HARD WORK now will pay off LATER! its hard to get your head around but it does happen.

I go back to the start of my post.

if you are lazy = no money.

if you are half hearted = then expect ok money.

IF YOU GO Full bore head down bum up work ethic = What ever passive income you want will come!.

Pretty simple really.

If you've reached the point where you're making enough money from 1 hour of work a week, then you're not the kind who likes to sit around. You won't be sitting on a beach doing nothing all week because that's not you. You worked your ass off to get to this stage and that's what you'll keep doing.

There's no end man. Life keeps going on. You'll have new ideas, new passions, and you'll want to keep exploring. You won't be bored. Why are you successful? Because you love what you're doing. To you it's not work. And you'll keep doing the things you love doing, you'd rather do that than laze away on a beach even though you know you can afford to.

Passive income reminds me of the saying "Find a job you love and you'll never have to work a day in your life."

Use that money to scale and join an MLM company. That way you can help people to start online, add value to their lives, teach them how to make money online and watch them quit their jobs! You can build great relationships with like minded people this way and you will have people looking up to you.

If you do this and start helping people out, I can guarantee you would be very proud of yourself!

As others have mentioned, doesn't exactly work that way.

First, those of us who have done very well in business are "wired" to always be looking for the next opportunity, the next challenge to improve or evolve...that means we couldn't stop even if we HAD to :-)

Second, there are always additional goals in life (at least in my case) that require additional money...what changes is what you do with it. In the beginning, I was just trying to get out of debt. Then, I wanted more stuff, a bigger house, a nicer car, etc.. Now, it's more about funding others, charity, using money in the best possible way to make a difference. That's what motivates me now. So it never really stops.

What DOES happen is that you become even more empowered to do your own thing. In the past, you may have had to work for someone else, do things you really didn't want to do, put up with a business or customer base you really found you weren't aligned to handle, etc...

When you reach a certain financial level you can call more of your own shots...while this is an even greater responsibility, it is also a nice place to be where you can really tap into your creativity and inner desire.

Make sense?

Jeff

There are certainly things that you can do to make passive income streams.

Many of them have been discussed here.

The MAIN thing is providing the marketplace with what it wants.
If you can do that, in the form of a information product or software
or whatever it may be, then you'll be in the money.

I think "passive" is a little misleading, but to me it represents not
having to put in as many hours as a traditional job. Nothing wrong with
that. Also, nothing wrong with wanting to work more and provide
more value to the market place.

Its all a matter of personal opinion.

But it stands to say that if you work persistently on your goals
and create a portfolio of offers so to speak, then you can be very
successful and not have to work *too* hard at maintaining those
income streams.

For me its not about not wanting to work hard or try or being bored... its about structure... I don't work well in a completely structure less environment. It takes a lot of extra effort for me to focus on one piece at a time in a project. I though am in a position where working outside the house is difficult so I have to find the willpower to make this work.

I don't feel bored because I keep busy. If the success had in the past is good enought to provide a comfortable lifestyle for you without much effort, it's all good, but you have to keep going. It can get boring if you retire in your 30s, but everything can change at any moment and it is better to have backup to your backup.

I tried sitting on a beach all day. It wasn't for me.

There's a good movie called Other People's Money. And in this good movie is a good line, delivered by Danny DeVito's Character, Larry: Make as much as you can. For as long as you can. Whoever has the most when he dies, WINS.

When you start out in this kind of business, you usually just want to make enough to leave your day job, put food on the table. As you progress, you want to put your kid's in private school, take vacations, buy toys, and invest in bigger and better ventures. And then there comes a point where more money equates to less of an impact in your personal life. It begins to mount up, this almost superfluous money. And at that stage, you might be heard uttering the line: Make as much as you can. For as long as you can. Whoever has the most when he dies, WINS.

Hey, i also think of something similar lifestyle. Hummm...but the reality is something different actually.

There's no reason to do all the work for yourself. There must be some time saving methods to promotion that don't require you to babysit your site 24 hours a day. Assuming you could find this type of residual income, there might be a way to automate the promotion process, such as hiring someone else to promote the site or product or placing Facebook ads to drive traffic to a landing page.

My dad used to say that smart people never get bored, as there are so many interesting things you can do, like playing an instrument, learning a language, a skill etc.

My target N.1 when I started with IM was to be able to travel the world and windsurf wherever I want, as long as I want. For the last couple of years, I've been able to do this and you ask if I am bored? Hell no!

So follow your passion!

And as for passive income, to make sure is doesn't decrease over time you should constantly grow your business, work on new projects and ideas.

Cheers

Svetlin

Residual Income is fantastic. Of course you have to put in much work to get that Residual Income.

I guess I consider myself an over night sensation. Maybe the 5 year Over Night situation that is

But seriously when you do start making so called residual income you still have to maintain things which will continue to be work. There is no way around that

The more money you make the more headache you have in managing, investing , and spending it


- Robert Andrew

That is a myth. Every successful entrepreneur I know works his butt off in order to A) Become successful and B) Continue being successful. Every - single - one - of - them.

Don't believe the "4 hour a week" hype.

Lomg term passive income, unless you have some magic formula, is a myth.

Those guys all work their asses off, all the time.

Look at Mr Passive Income, Pat Flynn. He is always working at something new, networking and promoting his ass off.

Work hard, play hard, tell people how easy it all is, sell product based on all your hard work, repeat.

Not that easy!!

I never get bored of taking my kids to school, going to the gym, and just hanging out with my wife all day.

I do get some work in and am in front of the computer a few hours a day, but most of it is just to check stats on systems I have in place.

Not fully passive, but much better than what I was doing about 16 months ago.

Night and day.

Well done JasonDinner! Do you have a specific place in your home for work? Curious how you set that up. Do you focus on anything particular in internet marketing?

Passive income is the bomb. For those who don't think it exists - sorry to say but - you're wrong. It absolutely exists -

• Interest from savings in the bank is 100% passive,
• sales from books is 100% passive,
• subscriptions from membership sites with downloadable content is largely passive.

I've had all of these and the best way to get money is passively. Rest assured - it exists and compared to most other normal forms of earning money (e.g. a job or small offline business) it's a abso-freaking-lutely possible.

As for what to do with your time; you're kidding...right? You'd have to be. What do you do in the evenings, on weekends and during holidays/vacations? You indulge your hobbies and explore your passions. With a largely (or fully) passive income the world is your oyster! Learn an instrument, join a band, ride motorcycles, potter around the house, your city, your state, your country or (with enough passive income) the globe. Spend time with people you like, love or want to get to know. Help out people less fortunate. Explore new hobbies or become a collector.

In my experience two of the highest desires in life (and I've interviewed hundreds of people on this very topic so I'm speaking from direct experience) are...

1) Freedom
2) Hang out with cool people

Once you have freedom life really takes on a new perspective. You might spend some time on the beach and if you're an internet addict (like me) you'll have your smart phone with you just to see what's out there. As for internet marketing being nothing but a business designed just to make more money and that's it - I have to strongly disagree. I do it not only to make money, I do it to promote my product but that often leads to desire number 2 - hanging out with cool people. Even if I was earning thousands and thousands of dollars a week from savings on interest (100% pure passive) I'd still be out there selling my book in the hope of meeting even more cool people to add to my life.

Hobbies and passions are the two things left after (and once) you've managed to achieve enough passive income to not have to worry about money if not ever again then at least for a long time. Trust me, you'll NEVER be bored to the point of distraction. But let's say you have momentary boredom and you're kicking back on the couch wondering what to do; with passive income you'll soon be jumping off the couch in excitement at something new you just thought of to do or explore.

It's not only possible and desirable, it's the best way to live.

I think it was internet marketer and solo-seller Paul DeSousa who said something along the lines of ...

"Internet Marketers - The Only People Who Work 20 Hours a Day so they can make money while they sleep"

The quote isn't accurate, but it has a good and valid point.

Just like any other business, it is "hard work."

However, you can work at your own terms, and if you have arranged your business correctly, you can work from almost anywhere with an internet connection and you can get up early, do some work for an hour or four and then have the rest of the day and evening off.

What to do with your time?!

I know I have no problem filling my sparetime... Get a hobby!

The fact is that there is no such thing as a truly passive income. There is always hard work. The more work you put in the more you get out.

Honestly, if that's what I got into this business for I wouldn't have started it lol - I am doing this because I can tap into my potential - a job would never allow me to do that ... sure I want to go on dream vacations etc but that's not the main goal for doing online business for most and for myself.

Top producers still keep going at their business and they keep scaling even when they make millions, they do it because they want to see how far they can go in terms of their own potential and they want to change lives!

Lol, this thread is so funny

Want to have passive income?

Train people to become like you, make a good team,
don't be greedy, help people and learn financing

Why would you be bored from making a passive income? If you're making a passive income then you can go out and do whatever you want. Therefore, you should never be bored.

I think that the internet marketing can be everything but boring. I am still learning and changing things every day, and worth every minute.

Don't check your PayPal so much. Use your money to invest in larger internet businesses and offline businesses. Create a change in the world. Find a way to spend your money so everybody benefits. Don't live on the beach, live in the forest right next to a waterfall. Learn advanced meditation techniques and examine indigenous peoples cultures. Learn new ways of living, new ways of having fun. Go snorkling, travel the world, go hiking and biking, meet new people, invest into insect farms: Tiny Farms - the edible bug company - Home
Use your imagination...

You earned your money. You're only not used to living a lifestyle when not on a 9-5 job. Everybody works a 9-5 job and you work 1 hour a day because they are slaves, and you are not, because you decided to create your own business and make your own money.

Sounds like your running a GPT website.