If you’re thinking of running a website as your main source of income, then you’re about to make a great life changing decision that will leave you with more spare time and with more financial freedom. Running a website is something that you can do in order to achieve truly passive income and this way be free of working the regular office hours, or of not having the resources that you would wish for at your disposal.
There are countless reasons why this is a great way to run a business. Here we will look at why you should build a site and why you should aim to achieve this kind of passive income.
You Earn Money 24/7: With a truly passive and automated revenue you will be able to earn money all through the day – even when you are asleep. Not only does this mean you get the incredible satisfaction of waking up richer, but you will also find that you don’t need to earn as much per hour. Five dollars an hour is all your site needs to generate for you to be making $120 – and suddenly that seems quite achievable.
You Can Work From Anywhere: If you have a website that is auto-generating your income, then this will mean that you can go abroad and still be making, or that you can work from coffee shops or from the beachfront.
You Can Do Another Job: While your website is bringing you in money you’ll have a lot of spare time to do other things. If you so wish, then that can include earning more money still from other sources. By earning money online at the same time as working a job (part time or full) you will be able to earn rather more than you could doing either of those things on their own and you’ll be well on your way to early retirement if your main site is a success. Likewise it also means that if one of your income streams should fail, you’ll still have a backup.
You Have No Boss: If you are earning money from a website then you will be truly working for yourself and that means that no one is in charge of you. This means you’ll never be reprimanded, and never made to take on more work than you want to. It’s an entirely stress free lifestyle.
You Are Able to Act on a Whim: If you are in full time employment and you get invited out, or someone needs something from you, then you won’t be able to oblige until you have booked time off work – no impulsive jaunts to Paris with your partner. However if your business takes care of itself like a website does then you can go where you want when you want and really enjoy all of the opportunities that life presents you with.
Cyril is seo professional at one of the known seo companies in Toronto. His key area of job profile is to perform web marketing for niche websites and blogs.
Featured photo provided courtesy of Alan Cleaver.