Entrepreneurship Category Archive

Passive Income Walkthrough

Tuesday, September 4th, 2012

I think we’ve all waited long enough. Let’s begin the walkthrough of creating a new stream of passive income from start to finish. If you haven’t already been following the passive income series that I started in April, I encourage you to begin with the first post and get caught up when you can. The […]

All Your Excuse Are Belong to Us

Monday, September 3rd, 2012

I have many friends who are broke and other friends who are very wealthy. When people are broke, their favorite excuse is “I don’t have enough money.” When people are wealthy, their favorite excuse is “I don’t have enough time.” Anyone can come up with an excuse to avoid taking action, and their excuses always […]

Exercise Your Freedom Fully

Friday, August 17th, 2012

Many people become self-employed to have more freedom and flexibility. Not as many take full advantage of those benefits though. It’s common for people to find themselves self-employed in ways that make them slaves to their desks. They may have removed their old boss, but they ride themselves just as hard as their old boss […]

Branding is Fear-Based B.S.

Monday, July 30th, 2012

Branding, brand management, and brand strategy are rooted in fear and are completely unnecessary. This is true whether we’re talking about business, product, organizational, or personal branding. The primary aim of branding is control. But people don’t generally like to be controlled. So branding is largely done at the subconscious level; if it were done […]

How to Earn Passive Income From Live Performance Art

Wednesday, July 25th, 2012

Recently I attended the Winnipeg Fringe Festival, which is a festival of theatrical shows. This one included 30 venues with rotating shows running 12 hours per day. I managed to see 25 plays in 5 days, including musicals, comedies, murder mysteries, clown shows, acrobatics, performance poetry, and more. I was very impressed with the talent of […]

Generating Ideas

Friday, June 15th, 2012

As we go through this passive income series, you may start getting ideas for how you can create new streams of passive income. How do you know which ideas are worth pursuing? Keep It Simple It’s easy to bite off more than you can chew with your first passive income idea. If you already have […]

Virtual Real Estate

Wednesday, June 13th, 2012

In addition to earning passive income from physical real estate, you can also generate income from virtual real estate. Virtual real estate is online property, including domain names, websites, and online services. A virtual pub in an online game world is an example of virtual real estate. If you’ve ever registered a domain name or […]

Are You Still Broadcasting Doubt?

Friday, June 8th, 2012

As you read through this passive income series, suppose you start seriously thinking about creating your own passive income streams. You talk about some ideas with your friends and family, and you get a negative reaction. Perhaps they suggest that passive income is beyond your reach and that you should just settle for a job like […]

Passive Income Systems

Thursday, May 24th, 2012

To generate passive income, you need a way to maintain your income without having to do so much grunt work to keep it going. If you have to keep working each day to avoid seeing your income drop, then you’re earning active income, not passive income. Passive income continues to flow even when you aren’t […]

Jobs vs. Passive Income

Friday, May 11th, 2012

Many people have the limiting belief that passive income is weird, unusual, complicated, or confusing. As I’ve mentioned previously, passive income isn’t particularly difficult in practice. In many ways, earning a living through streams of passive income is easier than earning a living through a job or as an independent contractor, especially in the long run. […]