Comments on: How not to get super-rich: the passive income scam http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/ Entrepreneurship, marketing, personal devlelopment Mon, 15 Mar 2010 21:33:04 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: The 4 Delusions of Entrepreneurs | Dale Callahan http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12998 The 4 Delusions of Entrepreneurs | Dale Callahan Wed, 10 Feb 2010 13:27:45 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12998 [...] streams of income.” Before you dive headlong into that pursuit, you might want to explore the truth about passive income, especially as it relates to making passive income from [...] [...] streams of income.” Before you dive headlong into that pursuit, you might want to explore the truth about passive income, especially as it relates to making passive income from [...]

]]> By: Janet http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12956 Janet Tue, 09 Feb 2010 02:16:07 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12956 I personally know several people who make thousands of dollars per month in "passive" income, but it took them 3-5 years (on average) of extremely active work to build the income-generating asset. And most of them worked full-time at a day job during those 3-5 years, so it took tremendous energy, persistence, willingness to forego sleep and a social life, etc. Now after all that work, they aren't super-rich, just comfortable, but I think they would say it was worth it because the income is sufficient to skip the day job now and they can be very selective about how they spend their time. I personally know several people who make thousands of dollars per month in “passive” income, but it took them 3-5 years (on average) of extremely active work to build the income-generating asset. And most of them worked full-time at a day job during those 3-5 years, so it took tremendous energy, persistence, willingness to forego sleep and a social life, etc. Now after all that work, they aren’t super-rich, just comfortable, but I think they would say it was worth it because the income is sufficient to skip the day job now and they can be very selective about how they spend their time.

]]> By: uberVU - social comments http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12929 uberVU - social comments Mon, 08 Feb 2010 14:32:03 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12929 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by TheFunkyAgency: RT @jonathanfields How not to get super-rich: the passive income scam | Awake At The Wheel | Crossroads of Work & Play http://bit.ly/HES0w... Social comments and analytics for this post…

This post was mentioned on Twitter by TheFunkyAgency: RT @jonathanfields How not to get super-rich: the passive income scam | Awake At The Wheel | Crossroads of Work & Play http://bit.ly/HES0w...

]]> By: The Entrepreneur Test: Are You Delusional? http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12891 The Entrepreneur Test: Are You Delusional? Sat, 06 Feb 2010 16:04:10 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-12891 [...] streams of income.” Before you dive headlong into that pursuit, you might want to explore the truth about passive income, especially as it relates to making passive income from [...] [...] streams of income.” Before you dive headlong into that pursuit, you might want to explore the truth about passive income, especially as it relates to making passive income from [...]

]]> By: HGH http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-8003 HGH Wed, 08 Jul 2009 15:05:56 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-8003 On the other hand, I’ve spent more years than I would have liked working just to make someone else loads of money and me not that much money. On the other hand, I’ve spent more years than I would have liked working just to make someone else loads of money and me not that much money.

]]> By: passive income http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7430 passive income Sun, 10 May 2009 03:16:03 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7430 While not truly being passive income, affiliate marketing has now become the online income method of choice. It is not difficult to see why, when people are making thousands of dollars a month. While not truly being passive income, affiliate marketing has now become the online income method of choice. It is not difficult to see why, when people are making thousands of dollars a month.

]]> By: Jeremy Hill http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7284 Jeremy Hill Fri, 17 Apr 2009 10:04:46 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7284 The other source that's being forgotten about is donations. If you run some kind of research or charity site that has facilities for users, then I'm sure donations are a viable option. The other source that’s being forgotten about is donations. If you run some kind of research or charity site that has facilities for users, then I’m sure donations are a viable option.

]]> By: Jacob http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7236 Jacob Mon, 13 Apr 2009 10:36:24 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7236 That is certainly true, although it would be wise to not rely solely on programs such as Google's Adsense, but to have affiliates as your main revenue stream. That is certainly true, although it would be wise to not rely solely on programs such as Google’s Adsense, but to have affiliates as your main revenue stream.

]]> By: Ellen http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7225 Ellen Fri, 10 Apr 2009 09:35:22 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-7225 The only passive income method I know of is online advertising for other advertisers. Although initially it certainly is not passive, a lot of work has to go into a website before it gets enough visitors to make advertisers interested in your site. You need to be committed and educated on a number of things such as SEO, html and webdesign. The only passive income method I know of is online advertising for other advertisers. Although initially it certainly is not passive, a lot of work has to go into a website before it gets enough visitors to make advertisers interested in your site.

You need to be committed and educated on a number of things such as SEO, html and webdesign.

]]> By: What Would You Do With a Billion Dollars? | Billionaire Woman.com http://www.jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-6742 What Would You Do With a Billion Dollars? | Billionaire Woman.com Fri, 06 Feb 2009 00:04:38 +0000 http://jonathanfields.com/blog/how-not-to-get-super-rich-the-passive-income-scam/#comment-6742 [...] Jonathan Fields says he would be a conduit. He would give it all away, after taking care of his family and needs. Of course he would pick the places where it went, but basically he would send it off to the causes or places he believes in. [...] [...] Jonathan Fields says he would be a conduit. He would give it all away, after taking care of his family and needs. Of course he would pick the places where it went, but basically he would send it off to the causes or places he believes in. [...]

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