One of the primary goals many entrepreneurs have when starting up a new business is to someday reach a point where they can put the business on autopilot (mostly) giving them the free time to focus on other areas of interests while creating a constant revenue stream. This in a nutshell is the whole idea behind passive income, which is lifestyle that continues to grow in popularity. First time entrepreneurs often struggle with the technicalities of actually automating their web business so that they can take orders and make money while they sleep. Well, today I’m going to show you a simple and yet very effective technique to create your own automated income system through such services as e-junkie so you can focus your time on what matters most. More »
Courtesy of ucb pat
Making money online is something many of us as entrepreneurs aim to do. Pat Flynn was an Architect who lost his job a little a little over a year ago. Being down on his luck, he decided to give entrepreneurship with very little background in the area. Over the course of the next year he was able to generate over $200,000 in sales from his small online business. Pat now works full time on his business as an entrepreneur with no plans of ever going back to the daily 9-5 workweek. I’ll let Pat himself tell you all about it from how he did it (step-by-step) to what you can do to have the same success as Flynn. More »
How would you like to get paid while you hang out by the pool on a nice summer day? This might sound like the start of a sales pitch that is too good to be true, but let me stop you there. Passive Income is defined as money that is received on a regular basis with very little effort required to maintain it. It’s also true that a growing population of people make their entire living through the concept of passive income. So naturally at this point you might be asking yourself “How does one actually make money though passive income?” More »
