The key point I want to impress is the CONSISTENCY of making residual income. Some business model are set up to create consistent, passive income – and some are not.
So $700 is not just $700.
Here's what I did today:
– Woke up – Turned on computer to check appointment – Have raw food smoothie – Took Jack to his first kids Yoga Class (He LOVED it) – Had bloodtest taken at kids hospital – Had lunch with wife and kids – Bought some art supplies and books and a toy for my son (a cool thing that encourages him to make create his own stories) – Bought some new dishes (our old ones might have had lead) – Drove home – Napped – Turned on computer for first time (NOW).
That's basically the overview.
It occurs to me as I write this that I don't know EXACTLY how many income streams I have. Some large. Some small. But maybe that's the point.
Multiple streams of income are ingrained in my DNA.
And I just started a couple new ones (that may benefit those who get with me quick) this past week.
2013 is fresh.
But make sure you are building towards something passive.
This is another tool I use that is not quite free, but I have tested and know for a fact that it creates a new profit of nearly $100 per month – all while building my social media reach and generating leads.
This is a super easy way I use to create a couple hundred dollars in affiliate commissions – even if you're really lazy.
You can use this to generate TRAFFIC on Facebook and Linkedin – even if you have ZERO friends. And it requires even less time that the free tool I told you about yesterday.
Running a business takes a lot of time. And one of the ways you can be more productive is called batch-tasking. All that means is that you can be more productive if you do certain, similar tasks in a row.
For example, if you go out and do errands, don't go to 1 side of the city, the the other for the second errand, then back again. Put that shit together!
Same thing with your home business. Don't flip from checking facebook to making a phone call to working on your blog…
You get the idea.
In this 2 part series, I'm going to be sharing with you what I do to automate my social media.