Hello everyone.
When I first started studying marketing and business the first suggestion I received from some successful people in my niche was to first establish a source of passive-income. For some this is placing ads on their personal website or otherwise capitalizing on their hobbies (e.g capitalizing on your forum hobbies with signature campaigns), and for others this means developing a product or service-solution which manages and sells itself.
Passive-income sources should be thought of as an investment. Like any kind of asset, it can be analyzed to determine whether your time-input is sufficient for your income-output. For example, if it takes you X hours a week to post on forums and you make $X.XX... maybe it would be more cost-efficient for you to learn a trade-skill, or take on some over-time, or make YouTube videos to promote your personal website or hobby. ¯\_(ツ)_/¯
Whatever it is you do, whether you manage an online-store or you post on BitcoinTalk forums on your weekends, share your knowledge with us so we can all support each other.
Shalom aleichem.
Passive income is essential for entrepreneurs. Warren Buffett once said: "If you can not make money even when you sleep, you need to work harder to make the money passive."
I like the above statement, I think we should invest in real estate. Or you can invest in some altcoins that bring bonuses to you after every month. that is ICX or NEO.
Poll
