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Brainstorming I started brainstorming ideas for a passive income business. I actually tried out a few businesses without too much success. Here were some particularly bad ones: Candy vending machine. I’ve been a longtime fan of Brian’s blog over at geniustypes. In fact his argument for starting up a candy vending machine is so persuasive that I [...] Yesterday I reviewed in detail some of the research I performed prior to starting up a business. I studied several business models from different industries and identified some favorable characteristics. It was around this time that I read Tim Ferris’s The 4-Hour Workweek. This book was a source of huge inspiration, and I combined it with [...] Continuing where I left off last time… While I had an intense burning desire to start up my own entrepreneurial venture, I literally had no idea where to begin or even what my business was going to be about. However, I did have a general idea of how I wanted my business to operate. From reading Rich [...] Deep down, I think everyone has the desire to make more money. Money can’t buy you happiness; it can’t buy you health, but it sure as hell can make life a lot more convenient. The Past Ever since I’ve become a personal finance junkie, I’ve tried to follow the advice of wiser people before me. I’ve: Created [...] I decided last week to dedicate 100% of my extracurricular time and effort into a new project. I don’t want to reveal what my new project is…. yet….suffice to say its a type of investment that i’m hoping will help me bring in some extra cash. Before I even started this process, I felt a whole [...] |
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