Why I avoid making money.
You must think I'm crazy.
Who would avoid making money?
Let me explain....
Instead of making money, I prefer to invest my time building a passive income.
What's the difference?
Making money is one-time. Passive income is recurring.
Some friends and relatives ask me why don't I just help people to create websites, since I know, how.
You see, creating a website for people will earn me some money but if I use the same time to promote or create a new system, that system can earn me recurring income for years.
Let me give you more examples to further illustrate the difference.
Trading stock is making money. Building a portfolio of stocks for dividends and long-term capital gain is passive income.
Promoting an ebook is making money. Promoting a membership program with recurring commissions is passive income.
Having been in the internet marketing niche for nearly 10 years, I have seen so-called gurus come and go.
The problem with many gurus is that they focus on just making money.
They may make a lot of money initially, but when they get tired or lazy, their income drops quickly.
I focus my time on building a passive income.
Although my earnings can be slow initially, it adds up over time.
At times when I am lazy, my income may shrink but very slowly.
That gives me enough time to take a breather and continue building my passive income.
So, while you focus your time and energy on building your business, be mindful of whether you are simply making money or building a passive income.
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