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I think the number one reason more people aren’t in the online business industry is that they don’t understand what a passive income stream is. Lucky you, you’re about to read a story about what it is.
Making passive income is like babysitting:
“Okay Jenny, Mr. Wright and I are heading out. Kids are upstairs, sleeping. Feel free to put on a movie, do some homework, or anything you’d like and we’ll be back by 11:00.”
“Are you sure there’s nothing more I can do? You’re paying me $12 an hour for each of your boys and that’s $24 an hour. Surely, I could clean your kitchen or something?”
“No, no, that’s quite alright. Only, I’ve just now thought of it. Christina called me this morning and said she couldn’t find a sitter.”
“That makes sense. Tonight’s the homecoming game and most kids my age are either playing in it or cheering at it.”
“Well, we have a spare room upstairs. Would you mind if her three girls came over and crashed for a few hours?”
“It’s all the same to me, I suppose. If I’m just here watching a movie, three more kids is no real difference. Heck, I could ‘watch’ even more than that.”
“Oh, I’m so glad you said that because Erin just texted me to ask if her Siamese triplets could also spend the night but don’t worry, she’ll pay you for all three individually.”
“But Mrs. Wright, supervising eight sleeping kids is no more work than supervising two. Wha–?”
“Good, so we’re agreed. Eight kids… $12 an hour for four hours. When I get back tonight I’ll write you a check for $384.”
Dumbfounded, Jenny flicked on the movie and thought to herself, “You know, maybe I will spring for extra toppings and cinnamon sticks this time.”
You can build your own online business to replace your job, supplement your job or as an alternative to looking for a new job.