I made a typical weekly schedule in Excel and used colors to delineate the time spent on each project. I work at home. I am at my desk at 9 AM, take a 15-minute Falun Gong movement break mid-morning and get a cup of tea, take a half hour for lunch, and stop around 5PM. Often I go back into my office for another hour and a half at 7:30 or so. Saturdays are absolutely set aside for creativity and Sundays are lie-about-smartly days. Adjust them to your needs and expectations.

But don't get disheartened by all this information. The best thing to do is to take action. The rest will fall into place over time. Yes - there will be difficult times, but if you treat these as a learning experience and pick yourself up each time you should be able to succeed.

If you find yourself super busy with no time to sit and watch the clouds change form, you might want to look at your reasons for saying “yes” to an activity. Do you have a need to please? Do you think you are the only one who can do it right? Is it something that used to serve you to do but doesn't any more? It's OK to say “no.” It's OK to elect to do only a certain portion of a project rather than be the leader. It's OK to stop doing some of the things you have been doing out of habit. Take a good hard look at why you are doing the things you are doing. And make a fresh choice. Accept only the ones that serve your current values and business strategies.

So how do you put your business on autopilot and enjoy all the good things that life has to offer? There are two ways to do it. You can combine the ways or focus on one method. Both ways will generate passive income for your business.

Third, there's the cost of staying in the game for the long haul. Even when you start to make a go of your enterprise, the growth curve may be flatter and growth slower for the first few years. Can you survive financially?

If you want to build a real business from home, you need a real business model. One that is scalable, that grows over time and allows you to make money even when you are not hard at work. Isn't that the idea behind passive income?

Businesses. Think about something you can do that will answer to people's needs. This is the beginning of a business idea. To top it off, this must be something of interest to you; otherwise, you might lose heart when the going gets tough.

A business is a great way to build your wealth because it is like tending to a farm that can help you harvest money. Just think of it this way - it's like planting a seed which represents the hard work you put into the services and products you provide to your customers and once they're ripe for the picking, you only have to harvest them and put it in the storage.

Launching a blog is incredible easy. Just give GoDaddy.com a call. Pay them for your domain name and hosting, and ask them to set you up with a WordPress blog. You can start with a free templet, though you should soon consider styling your blog with graphics that are unique and professional. Gather ideas from our competition and share them with a local Web site designer. You will be creating an environment for people to enter into. make sure to provide them with an environment that communicates quality.

Set objectives you must reach to attain this goal. Whether it's setting up a new affiliate marketing campaign every week or writing 20 articles a week, make sure you achieve your objectives. Nothing great was ever achieved without real, focused action.

Me: I'd want you to recall my previous answer. In addition, if you become jobless (for any no. of reasons) can you sustain yourself (& your family) for several years? You need to've a BACK-UP source of income - esp. passive income! This'll ensure your sustenance & security for years, even if you're jobless.

Dropshipping. You act as an agent for a supplier, called a dropshipper, where you obtain sales of the supplier's products through a website or blog or forum or Pay Per Click marketing and forward the orders to the dropshipper. They then fill the order and ship the product to the customer. You are compensated by receiving a fixed proportion of each sale.

The main premise of the Kiyosaki's Rich Dad, Poor Dad book is that you need to stop thinking like an employee and start thinking like an owner. One of the first steps in this process is to make you money work for you.

I like to choose a topic I am familiar with and that I can write about easily. It must also be a topic that will be of interest to my target market. This makes the entire process much easier and more profitable in the long run.

A good place to start is to do something that you are interested in. This way, you will enjoy what you are doing and it won't feel like work. Also, you are more likely to put everything into it to make sure it works.

To often people keep their savings in a traditional savings account. However, they could be earning higher interest on that money be investing in a high interest savings account, high yield cds, high interest money market accounts, or stock or bonds. Any of these option typically pay better than the tradition brick and mortar bank savings account.

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