Want to stop selling time and start getting passive

by chtfld
12 replies
Hey guys. I've been on the forums for a couple years now, usually showing up for a few weeks at a time every couple months when I get an itch.

This time around I'm putting more energy into my efforts than ever before and would love to hear how other people handled similar points when they were getting started.

Here's the thing. In terms of raw numbers I have actually been pretty successful online. I started a little over five years ago as a content writer and have done pretty well for myself. I average more than $6K a month and in really good months, when outsourcing, can hit almost double that.

But, I'm still selling time for money. I work 40+ hours a week and then there's always the chance that my better paying clients go on vacation or I have a slump so I have to work even more hours. So, it's time to get passive.

I have a PLR site I've been working on in recent weeks, hoping to get traction, and I have some affiliate sites that have been floating around in the background for a couple years, and I launched my first WSO with a JV in March, but nothing has really caught hold yet.

What did you do when you were at that point - tired of selling time for money and really dedicated to getting something out of your IM efforts? I feel like I need to diversify my efforts to maximize the chance of succeeding, and then I feel like if I do that I will shortchange myself on each of the things I do. I want to go 100% into whatever I do but until something gets some traction, I'm finding it hard to decide which of those things it should be.

It's a funny state of limbo to be in and I'm definitely not complaining (I am having a blast learning how to drive traffic, writing PLR sets and testing WSO strategies), but at the same time I have to jump start an income here soon or spend some more time writing.

Thanks for reading - I'd love your insights.
#passive #selling #start #stop #time
  • Profile picture of the author Ken Somerville
    Hi Buddy.

    Sounds like you are at the crossroads. What I tell all the people that I deal with, is to learn about marketing. Start creating lists, and setting up passive income streams. Jv's are great, but you need a list to promote to are the product to promote to a list.

    If I was you I would do what I did. I found a lucky break. Someone showed me a 20 buck product, that lead me to a group that changed my life, and how I market online.

    I don't normally just give this link, I normally tell people to learn the basics with the free course, but as you have a lot more time in, you will understand more about what I am talking about. So if you want to join a group of six and seven figure online entrepreneurs, then see if you will be a fit for us, and we a fit for you. To join is by application. And you get a 12 video course, that will blow you away with the information, that we share.

    http://bit.ly/wfcJPt


    I know that this will put you onto the path to reach the next level in your business.

    Your Friend in Internet Marketing
    Ken Somerville
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    • Profile picture of the author chtfld
      Originally Posted by Ken Somerville View Post

      Hi Buddy.

      Sounds like you are at the crossroads. What I tell all the people that I deal with, is to learn about marketing. Start creating lists, and setting up passive income streams. Jv's are great, but you need a list to promote to are the product to promote to a list.

      If I was you I would do what I did. I found a lucky break. Someone showed me a 20 buck product, that lead me to a group that changed my life, and how I market online.

      I don't normally just give this link, I normally tell people to learn the basics with the free course, but as you have a lot more time in, you will understand more about what I am talking about. So if you want to join a group of six and seven figure online entrepreneurs, then see if you will be a fit for us, and we a fit for you. To join is by application. And you get a 12 video course, that will blow you away with the information, that we share.

      http://bit.ly/wfcJPt


      I know that this will put you onto the path to reach the next level in your business.

      Your Friend in Internet Marketing
      Ken Somerville
      Hi Ken,

      Thanks for your great response. I have been reading a lot in the last couple of weeks about list building. That and building a brand for myself seem to be my two biggest obstacles right now - I need to make sure when I have something to sell there is a big enough audience to announce it to.

      I took a look at the link you provided and it looks great. I'll read it again a little more thoroughly and check it out. Might be a good fit for what I need - a little bit of a direction in what to do next.

      Thanks!
      ~Anthony
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  • Profile picture of the author Michael Ten
    I've not had success at what you are talking about...

    But to get there, I know that I must never give up ever, because if do then it increases the chances that I will not succeed dramatically.
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    • Profile picture of the author chtfld
      Originally Posted by Michael55555 View Post

      I've not had success at what you are talking about...

      But to get there, I know that I must never give up ever, because if do then it increases the chances that I will not succeed dramatically.
      Thanks Michael - you're totally right. In the past I gave up when things got tough. This time, there is no giving up. Going to power through even if I do wander randomly for a few months to get there, haha.
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  • Profile picture of the author wijan56
    i think passive income is the best income because you can go anywhere you want and do anything you want without worrying about your work.

    keep spirit bro .
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  • Profile picture of the author John Romaine
    Originally Posted by chtfld View Post

    What did you do when you were at that point - tired of selling time for money

    I quit my job.

    If you havent read it, get a copy of Cashflow Quadrant by Robert Kiyosaki. Everything in that book had me quitting my job and working towards financial freedom.

    I now make a 100% living online - passive.

    Although I do have a bad habit of sitting in front of the computer for days on end.
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    • Profile picture of the author chtfld
      Originally Posted by John Romaine View Post

      I quit my job.

      If you havent read it, get a copy of Cashflow Quadrant by Robert Kiyosaki. Everything in that book had me quitting my job and working towards financial freedom.

      I now make a 100% living online - passive.

      Although I do have a bad habit of sitting in front of the computer for days on end.
      Thanks John - Kiyosaki is great. I've read enough of his stuff to know he has it right, but haven't read that particular book. Will have to pick it up (perfect timing - I'm in a bookstore right now).

      I hear you too - this laptop is attached to me at the hip these days. Thank goodness IM and AM are so much fun
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    • Profile picture of the author DGFletcher
      How do you passive income a list?

      It seems to me that it wouldn't be passive.

      You'd have to write a new email to them every two days or whatever.
      Yes, you could sit down and write eight weeks of new emails to them, but that's still not passive.
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      • Profile picture of the author chtfld
        Originally Posted by DGFletcher View Post

        How do you passive income a list?

        It seems to me that it wouldn't be passive.

        You'd have to write a new email to them every two days or whatever.
        Yes, you could sit down and write eight weeks of new emails to them, but that's still not passive.
        True, but even spending a day or two every few weeks writing emails is passive enough for me Heck, it'd probably keep me from getting bored.
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  • Profile picture of the author louiseneal
    great thread..
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  • Profile picture of the author Sam Khaled
    Throw your Money Machines and Set on Autopilot then ENJOY
    --Any System can be set to Automation
    --Don't Work for MONEY Let the WORK FOR YOU
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    >You Already In Pain
    >>You Already in Hurt
    >>>Get A Reward From IT

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