There’s a video on the Thirty Day Challenge blog that has changed the way that I use the internet. The Challenge hasn’t even started yet and there’s already been some really good lessons. This video opened my mind to the power of using sites like SumbleUpon, Del.icio.us, Technorati, Facebook, personal blogs, and Flickr [...]

Royalties are one of the basic categories of passive income. There are many opportunities to make royalties online with little or no capital investment. That makes it appealing to a lot of people.
College’s make big money with their vast amount of inventions, and payments for royalties. However, without much experience it may [...]

My post about having a good exit strategy attracted the interest of a consulting company interested in letting my readers take a survey. They raised an interesting point that there is an increasing number of babyboomers out there that have many small and medium sized businesses but don’t have a proper plan for succession. [...]

My ambition is for this site to be a resource for anyone interested in making a passive income. The shtick is that I’m going to be personally attempting to get a new passive income stream going approximately every 5 weeks until I reach financial freedom. Once that happens I will shift my focus [...]

The challenge hasn’t even begun, but I’ve already learned about quite a few things.  Much of it I was already aware of but had never taken the time to utilize.
Here’s a list of things that have changed the way I use the internet over the past week:

StumbleUpon - I used to just use it for [...]

This is great news. Alexa rankings, though seriously flawed, serve as a way to rank websites. They use a toolbar that is installed in the browser to let them know approximate relative traffic levels for every website on the internet. This ranking is used by several companies to assess the value of [...]

I read this book a while ago but never got around to writing a proper review of it. The valuable part of this book is the focus on actual numbers and learning some basic accounting. But it also contains a solid path to creating wealth from start to finish.
Loral Langemeier doesn’t believe in [...]

In my attempt at getting a business running online last month I relied solely on paid traffic by buying Google Adwords. There’s probably a lot I have to learn about buying traffic with PPC (Pay Per Click) systems. The biggest thing that I learned about AdWords was that it’s expensive.
Perhaps it was the [...]

An exit strategy is a plan to cash out of the business. Even if you plan on keeping the business running forever under your control it’s still important to have an exit strategy in writing. It can be part of the business plan.
The exit strategy serves to keep the business ready in case [...]

This past weekend I was scheduled to think of an idea to test for my second business. It kept me awake all night Friday trying to find just the right idea.
At about 3am I finally realized that the best thing to do is to dedicate the month of August to the Thirty Day [...]