I often talk about the ideal business model. This is mostly due to the fact that I plan to make my living from income that I can turn into passive income instead of working the 9-to-5 my whole life. I know it sounds crazy to many, but it seems like it would offer me a lot of benefits and will be hard to turn down. As a result of being motivated, I know that I have to keep my expenses low in order to maximize my return. As I have talked about, one of the benefits of blogging is the low overhead costs. This allows for a smaller risk and more net income.
Many people speculate as to what it takes for a business to be successful. This is hard to nail down in generalities, yet people try. People write books about the 7 steps to be a successful X or 3 ways to achieve your goals. The possibilities for these types of books or post topics are… Read More »