Maybe some of you don't quite understand my concept. Since I have time to kill, I drew this. Here's what most of us is trying to do (see pic below), blogging or working for money. The problem is, you need to constantly update your blog (or make research) to keep visitors coming (as well as the money). So there will be this 'responsibility' to update the blog. You need to work (to update, make research etc) in order to get money. You work for money (which I don't want).
My concept on the other hand is to make the money work for me. First thing is to get an idea to create something very useful or cool. Then I will evaluate whether this thing can walk by itself and whether it can viralize by itself. After these 2 conditions are met, I will proceed with the idea and do the programming.
Next step is to publish and promote. When something is useful, people will tell others (viralize). Theoritically, number visitors will increase until it reach equilibrium and due to it's usefulness, people will use it frequently. I don't need to update anything and the best thing is (hopefully) the money flows without me updating or working on anything. Then the process repeats but the circle does not return back to me like above. So I have a lot of free time to enjoy and money works for me (that's what we call passive income!).
You see, it is not about getting a lot of money. It is about trying to get rich and financially free, trying to enjoy your life and trying to spend your time as minimum as you can with work. Even if if the websites fail after few years, or if the concept fails, I am not going to get frustrated because I spent very little time in front of the computer. I only spent few hours or days in the beginning (programming).
So I hope you understand my concept. Wish me luck. :D
The only difference between a rich person and poor person is how they use their time - Robert Kiyosaki
Hmmm, do you mean to create ebook? Those informational products especially on how to make money online and internet marketing?
ReplyDeleteDo the work once and reap endless stream of passive income!
No. This is adsenseface, not ebookface. :p
ReplyDeleteBesides, ebook do not have any sustainability. Once you sold it, the person who bought it will never buy it again.
You bloody shit how come you got this idea?????
ReplyDeleteyou peek at my secret project file ka???
its the SAME idea as mine!!!
Here is my concept FOR YOUR reference.
niche > content > traffic > monetization
and this is my philosophy:
DO WORK once time only. THEN wait for the money
come EVERY SINGLE DAY.
To tell you the truth, i already did this for 2 years.
and the good news is...
ITS WORK!!!
later if you request, i will let you see my adsense earning SS recorded starting from dec 2007 till mac 2010.
want or not?
hehehee
Its me.
matieu
Yes I want Matieu please. :D
ReplyDelete