Everybody wants to make money – enough money, more money, extra money, money-money-money! How different would the economy look if people stopped wasting their time with slacking off and having hobbies that either cost money or don’t do anything for your bottom line. What if they spent more time making money?
It is actually fun having a business at home. If we are still working at a day job, commuting, and all the energy ripoffs that go with that, we do need some time to rest when we get home. It just doesn’t have to be longer than an hour. So that leaves hours where you have time to do something productive for yourself.
If you look at your home business as a hobby – it doesn’t mean you don’t need to take it seriously. Surely once you start seeing a little money being generated you will get serious to see that it continues and increases! With your own home business aka money making hobby, you are free to say ‘I don’t feel like it tonight’. That is part of the beauty of you being in charge.
However if you are really serious you will at least sacrifice some time and effort to get it set up and running so that it can generate what is called ‘passive’ income. Passive income does not mean you do not engage. It still needs to be set up and all the bases covered. The idea is that with ‘passive’ or online income, you don’t have to be there 24/7 – and you can even skip a day – unlike a job or a store.
Everything will still be running when you get back and you may be pleasantly surprised to see you have made X number of sales and have earned some money! This is all possible because websites run 24/7 and do not need anybody to open and close the door or mind the store. In the case of affiliate marketing programs their website will process the transaction and even provide customer service to your customers. They will let you know how much money they owe you!
… but this ‘passive’ deal doesn’t sound like as much fun as being engaged in a business where you come home and can’t wait to login and see what is happening. Even though your business may have been set up and is running ‘passively’ for the most part, you still should stay on top of things. Don’t ignore it or the industry for that matter. You need to know what is going on in your individual business as well as your affiliate programs and Internet marketing in general.