Summary

The author describes how they earned over $2,700 during a particularly lazy week by leveraging multiple passive income streams that were developed through careful planning and action.

Abstract

The article details the author's experience of generating significant income without active work, emphasizing the importance of having diverse income streams. The author, after a lazy week following travel, shares that they still managed to make nearly $3,000. This financial stability was achieved by creating a strategic plan to build various income sources, including courses, ebooks, sponsored posts, writing, client work, gig jobs, and investments. The author highlights the necessity of taking deliberate action to materialize these income streams, such as writing an ebook about website flipping. The article concludes by encouraging readers that achieving passive income is possible for anyone willing to take action and build a foundation for valuable, income-generating assets.

Opinions

The author believes that having multiple income streams is crucial for financial success and stability.
They emphasize that passive income is attainable through careful planning and consistent effort.
The author suggests that anyone can replicate their success by following a similar approach of setting clear financial goals and working towards them.
They advocate for the power of passive income, stating that once a foundation is built, minimal ongoing work is required to maintain income.
The author expresses the satisfaction of earning money passively and encourages readers to take the first step towards creating their own passive income streams.
They offer additional resources, such as their income reports and a recommended AI service, to support readers in their journey to financial independence.

My laziest week this year made me over $2,700 — Here’s how

Photo by OVAN from Pexels: https://www.pexels.com/photo/person-sitting-facing-laptop-computer-with-sketch-pad-57690/

Earlier this month I had a super, duper lazy week. I just couldn’t work. I couldn’t do it.

I was coming off of travel from a short weekend trip. It was an incredibly fun time and jumping back into the swing of things on Monday just didn’t happen.

It took a while for me to get my mojo back and during that downtime I still made nearly $3,000!

Here’s how I did it…

Making nearly $3K in a week on virtually no work

This can happen for anybody, seriously.

It just takes having systems in place including multiple income streams.

The 5 Income Streams that Fuel My Business

Plus, a Sneak Peak Inside One Income Stream

medium.com

It took me a while to get here but now, if I need to take a little break like if I’m sick or busy with my personal life, feeling lazy, whatever, I can still make money!

Here’s what I did to get here…

Step 1: Make a plan

I decided I wanted to make a lot of money.

To me, that was at least $10K/month.

I knew that multiple income streams were how I was going to get there so I made a list of all the income streams I think I could generate.

It looked kind of like this…

Courses
Ebooks
Sponsored posts
Writing
Client work
Gig jobs on Upwork and Fiverr
Investments

Step 2: Take action

Next, I took action.

I knew what I wanted and how to get there. I just needed to actually do it.

So, I started slow and began with this tiny ebook…

I Wrote a Book About Website Flipping

About 7 years ago or so I discovered the world of website flipping.

millennialnextdoor.medium.com

It took me months to write my second book.

I got super serious about work, made mini-goals throughout the week to hit, and kept working on my plan to grow my income.

This month will be one of my highest earning months ever! (If you want to see my income reports, my paid Substack members get it every month)

Takeaways

Really simple stuff here.

Create a plan for what you want and then take action.

Many of the income streams I have are passive in nature. So, I don’t necessarily need to be doing anything with them to earn money.

The first part of passive income is to lay a foundation and build something valuable that can bring you money in the future.

Once the foundation is built, little to no ongoing work/maintenance is needed to continue earning income.

It is the best feeling to wake up, check your email, and see that you made money overnight!

Again, this is something literally anybody can do.

If this is you, my biggest advice is to take action.

You probably already know what you want to do and how to get there but, it will never happen unless you pull the trigger.

What do you think?

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