This Article is About
how to make good money
what is passive income
bricks and mortar
mortar business
money time
wealth creation
new money
initial investment
time money
personal development
Do You Want To Know How To Make Good Money?
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Do You Want to Know How To Make Good Money?

If you want to learn how to make good money, there is one very important concept that you must learn. This one bit of knowledge can change the way you think about money, time, wealth creation, and personal development. Do you want to know what that is? Good, here it is:

The best way to make good money is with passive income.

No, the only way for most people to make really good money is with passive income.

What is passive income?

Let me explain. Most people in this world make the traditional form of income. You go to work, do your job, and get paid for it. This is known as trading time for dollars. If you stop working, you stop getting paid as soon as your employer gives you the final portion of your wages.

If you want to make more money, there are two or three things you can do. You can work more hours. You can get a promotion. If you work on commission, you can work harder or smarter or both to earn more commissions. Those are your options if you are trading time for dollars.

On the other hand, passive income is like an investment. You invest your time, your effort, your money, and your creativity into something that makes money for you on an ongoing basis. If you want to make more money, you can invest more time, money, effort, and creativity into new money making ventures.

For instance, a landowner who rents property out to tenants and hires someone to manage the property earns passive income. They make the initial investment into the property, the construction, and everything else that goes with this type of business. Then they hire someone to take over and do all the hard work of making sure the tenants pay rent, keeping the grounds updated, etc.

The owner only has to make sure the manager is doing their job.

The problem with this is the overhead is really high. This is true of any bricks and mortar business. You have to pay the lease, utilities, and employees. You have to make sure the benefits are in place (if you have any). You have to make sure you are complying with safety standards, etc.

This is too much for the average person.

So, do you want to learn how to make good money as an average person? Of course you do!

The internet has opened up huge potential. There are so many online income opportunities we can take advantage of. We can now connect with a world wide marketplace from the comfort of our own homes. Or the beach. Or Starbucks. Just about anywhere, really.

The key to making good money for the average person is to invest our time, effort, creativity, and money (you can get started without spending money), into building online real estate.

Here is your 3 level process for building online money making properties:

  1. Build content on the internet worth reading or viewing (videos or written content works best).
  2. Find ways to get people to view your content.
  3. Figure out how to monetize your content to make you money.

It sounds easy, right?

Unfortunately, each of these steps takes some learning to do. And once we've done some learning, it is necessary to take action on what we have learned.

Building an online business doesn't take place overnight. But if you are willing to invest your time, effort, creativity, and other assets (including money, when you are ready) into online real estate and not give up when things get tough, you will make money on the internet.

I believe in you. Believe in yourself and take that next step.

If you liked this article, go ahead and leave a comment, Like it on Facebook, or Tweet it to your friends. You'll have my gratitude.

Street Talk

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