Archive for February, 2009
This is a Guest Post from RJ Weiss. RJ is an aspiring financial planner, who runs his own website, Our Financial Planner.
Passive income doesn’t have to stop once the money is earned. Wouldn’t it be nice to earn passive income, off passive income?
This step isn’t for beginners. If your passive income isn’t enough to cover your bills, continue using this website for guidance to get you there.
Since the title of this blog is Smart Passive Income, this post will show you the most efficient way of turning passive income into more passive income.
The probable structure of your business, being that you’re a “solopreneur,” allows you to receive an extraordinary tax break, plus a great investment opportunity. Due to your structure, you’re allowed to create and design your own retirement plan, known as an Individual or Solo 401K.
Click to continue…
I’m away on my honeymoon in Hawaii! I’d like to thank Jen from The Green Ninja for the following guest post. Jen is a freelance writer who writes creative and unique material about writing online and always provides interesting reads. Check it out!
I am a geek. I know this about myself. I am passionate about all aspects of being a total and complete nerd. Science, astronomy, physics – you name it and I want to read/talk/play a board game about it.
When another geek is spotted within a hundred foot range, tractor beams activate somewhere and suddenly there we are, talking excitedly in high pitched voices about the Large Hadron Collider or the new science related bill that has reached Congress. My eyes light up and my arms wave around quite a bit. This is called passion.
Click to continue…
This is a guest post from passiveincomefamily.com. I’ve been following this blog for a while now, and I really enjoy reading every new post. Feel free to check out to visit PFI’s website and subscribe to the RSS feed.
Are you one of those people who are curious about creating passive income, but are still unsure of the potential it can provide to you? Springtime is right around the corner, so what better time to talk about how creating passive income is just like growing a new lawn. That may seem like a strange comparison, but one that is very similar when you break down the steps.
About a year ago, I was one of those people who were curious about passive income creation. I had always been fascinated reading about people making a career out of building this form of income without relying on a 9 to 5 job. I finally decided to dive into it head first. While I have been successful along the way, there are a few things I wish I had done differently during the last 12 months. If I had the steps identified below in front of me last year – I would probably be a lot further along than I am today. Hopefully some people can use these steps to build a successful passive income portfolio – or a healthy lawn!
Click to continue…
Another page in my life is about to turn. As you probably know, I’m getting married soon. VERY soon. Two days in fact, and so the last week has been one of the craziest weeks in my life. I’m really lucky to be earning passive income as my fiancee and I get programs printed, work on our party favors, glue place cards together, etc. I can’t really imagine how we’d get everything done if we were both working 9 to 5 jobs. If you got married while both you and your life partner were working full time jobs, I commend you – I really do.
I’ll be in Hawaii next week as well (woo hoo!) on our Honeymoon. I’ll definitely show you some photos once I get back. Thusly, my traditional “monthly income reports” may be a few days late, and I apologize in advance for that. I think you understand.
Click to continue…
I’m sure you’ve heard these before:
“30-Day Money Back Guarantee!”
“If for any reason you’re not completely satisfied with your product, send it back to for a full refund!”
“Guaranteed or Your Money Back!”
“If you don’t lose 100 lbs. in 5 minutes, we’ll refund your money 100%!”
Ok, maybe that last one is a bit exaggerated, but you get my point. Guarantees are everywhere, but they aren’t just for show – they are implemented as a psychological tool of marketing warfare.
Click to continue…
I’m proud to say that I have failed.
Wait…what?! “But Pat,” you say. “you’re earning upwards of $20,000 a month, you have a leading website in a specialized niche, you work only 10 hours a week max, and you’re making money while you sleep! What do you mean you’ve failed?!”
Let me elaborate. While in school, we’re brainwashed to think that failure is bad. This is why we studied so hard and worried so much about our grades. If you get an “F” in a class, you’ve failed. You don’t get any credit, and you have to retake the class. In order to succeed, failure is NOT an option. As much as I respect the schooling system and everything it has taught me – the one thing I can say about doing business online is that failure is not a bad thing.
Click to continue…
This is part two of my series on banner advertising, which again I believe it to be pretty easy money. I’ve gotten a lot of great comments on part 1, and I’m happy that I’ve started some debate about a few things, which you can read about in the comments section if you’re curious. Please feel free to add your own opinions to the discussion.
Moving on…I think the hardest thing for anyone to figure out is how much they should be charging for ad space on your website. What’s a reasonable price? What’s fair for both parties? Before I get into pricing, I’ll go over the types of ads you can offer first because those will have an impact on your prices too.
Click to continue…
Imagine you’re a farmer who owns a good amount of land. On your land, you grow some crops, milk cows and raise pigs. Mmm…bacon. Anyways, you notice that you don’t really use all of your land. There’s a huge chunk of it that you know has really good soil, but you don’t really have the manpower or the energy to grow anything there yourself. If another farmer came up to you and said, “Hey! You have great land there. Can I use the land you’re not using to grow some of my own crops? I’ll pay you and you won’t have to worry about anything.” Would you let him do it?
Click to continue…
I’m going to step away from income, money and internet marketing for this post and tell you something really important that I just realized today. I can tell you exactly when and where I had this revelation. It was 3:30pm today, February 7th at the corner of Scripps Poway Pkwy and Scripps Highland Road. Why was this so important? Because this happened:
Click to continue…
After being all excited and getting over the fact that I could actually say “I, Pat Flynn, own my own business” (I can’t wait for my 10 year reunion), I soon realized that this is really serious stuff. There’s much more to it than just filing papers with the Secretary of State and having a really cool stamp thingy that has my company name on it.
Last week, I met with a CPA to help me with the finances of my business. I learned so much in that hour, but the most important thing I learned was that in order for a business to function properly, AND in order to maintain the protection of my personal assets (which is the main point of starting my LLC), I must separate my business finances from my personal finances.
Click to continue…
Passive income doesn’t have to stop once the money is earned. Wouldn’t it be nice to earn passive income, off passive income?
No, I'm not a millionaire, but I am living off of passive income made online. I'm here to show 
Enter your name and email below to get Free Instant Access to the most comprehensive guide available on how to Publish, Market, and automate a killer eBook. 
Digg
Facebook
StumbleUpon
Technorati
Twitter
YouTube
