“One of the lessons of history is that nothing is often a good thing to do and always a clever thing to say.” Will Durant
Been thinking a lot about this “passive income” thing lately. Are you as an internet marketing newbie still working a full time J.O.B.? Is the idea to replace that “active” income with something equal to or much better than, with “passive” income? I think many of you are in that boat.
There are two very important questions you MUST ask yourself (and answer, in writing!) before we proceed with this line of thought…
1. How much passive spendable income per month would it take for you to be able to live your ideal lifestyle?
2. How much free time do you need per day/week/month, etc. to actually enjoy that ideal lifestyle?
I don’t think too many people ask themselves that second question…
Anyway, here’s the outsourcing project idea I’m contemplating. Would you be interested in following along as I attempt to create a $10,000/month passive income flow by combining outsourcing with some form of internet marketing like “mini-sites” and or “niche sites”?
The idea would be to create a feasible business plan, ie time lines, resources needed like time, money, etc…then implement it. I’d probably start by interviewing the owners of both an outsourcing program, and either the mini-site or niche program.
And I would let you follow along as I play with this project in the form of multi-media stuff like pdf, mp3’s, podcasts, video, etc.
If enough people show interest, ie. YOU!..then I’m ready to get started. Just let me know in the comments.
Thanks. Looking forward to having some fun with this, ‘cuz I think that if you see this actually work for me, you might know someone who could make it work for them…;-)