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Old 09-23-2007, 11:55 PM   #4 (permalink)
norbert
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Join Date: Nov 2006
Location: EU
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Once you understand what money is, it doesn't matter whether you do it on the internet or in the real world.

Earlier, there was no money. People had to exchange their products and services directly. This required both parties to be interested in what the other had to offer. Money was invented to solve this problem so that anybody can exchange with everybody else.

Today, you still serve others but use money as the medium to exchange more efficiently.

The way to get rich is to start serving some people, then their friends, the friends of their friends etc.

The way to get financially free is to build up enough passive income streams to cover your monthly expenses. You can purchase passive income streams from your earned income (pay others to create websites, write content, sell ads etc) or you can create streams yourself (building a blog and selling ads on it).

The challenge is to find balance between the two

Hope this makes sense to you!

Best Regards,
Norbert

Last edited by norbert; 09-24-2007 at 06:09 PM.
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