How to earn while sleeping...

in #money7 years ago

Put the money to work for you.
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You see, we live in the age of technology, the age of automation and recently the age of artificial intelligence.

Yet, more than 90% of people still trade their time for money.

And I get them. I also thought this the normal way of making money. I've been financially uneducated and I thought most of what my parents, my friends, media and most of the people were telling me.

Because this is what people that didn't trade their time for money wanted us to know.

After realizing this, the good thing is that you discover that there are really some ways of making money without having to trade 1 hour for $20.

The bad thing is that you still have to work for some time. Maybe, in the beginning, you have to trade 1 hour for -$20 bucks per hour. But now it's called investment.

You invest some of your time and money in your own business.

You come up with an idea (a product or service) that you test and you find out that people really need it. You work hard to implement that service / produce that product. You try to bring it in front of the crazy crowd that is amazed by it, and amazingly you make some bucks.

Now you have to grow and automate it. Hire someone to take care of your marketing. Work with a fulfilment center. Depending on the type of business you may want to hire more people or less.

For example, there are a lot of blogs that make $100k per month with only one employee (usually a writer) and the owner gets most of the profit, while working just a few hours per week.

So, after you grow your business, you can be sunbathing in Malibu and the money will come to you.

This is the power of passive income. Learn how to put money to work for you, and you will not trade your time for money ever again.

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