Tag Archives: passive income

How and Where to Outsource Your Work to Create Passive Income

If you want total freedom to do what you want to do each and every day, you must learn to work smarter and not harder. The key to this mindset is outsourcing your work. After all, if your goal is to create passive internet income, then doing most of the work is out of the… Read More »

Starting a Business Online? Don’t Wear the Three Hats

The three hats that all or most entrepreneurs wear are the- Visionary hat Managerial hat Technical hat Starting an online business (or any business) can be rather daunting, especially if you’ve never done it before. There are so many things that need to be done before you get to the point where you can sit… Read More »

Why You Shouldn’t “Be Your Own Boss”

Now, before I break this down, this post isn’t about building a startup company and perfecting your “elevator pitch” to woo potential investors. This is about not having to answer to anyone but yourself and working your own hours. We’ve all grown up hearing things that refer to “being your own boss,” but look deeper… Read More »

Begin With the End in Mind

In his best selling book “The 7 Habits to Highly Effective People” author Stephen Covey emphasizes how important to begin with the end in mind. To sum it up, before you set out to do something, know exactly what it is you want to achieve. I can’t stress hard enough how important it is to… Read More »

Understand the Cashflow Quadrant

Made popular by best selling author of “Rich Dad, Poor Dad” Robert Kiyosaki, the “Cashflow Quadrant” changed my mental attitude on how I choose to work. As Kiyosaki says, basically, there are 4 types of people in the world of business- Employees, Specialists/Small Business Owner (like a doctor, lawyer, accountant, etc…), a Big Business Owner,… Read More »