How to Make Money Without Working
When you crack the millionaire code, you realize exactly just how easy it is to make money. It’s not about working harder, getting a raise, or positioning yourself for a big promotion. There is actually a way to make money without working at all - and a lot of it.
It starts with having a mindset to actually not work and to do absolutely as little as possible. Sound impossible?
Think about this. How many people do you think want to have their house painted? Probably a lot, but we’ll assume through your own research that there is a lot of business to be had in your area, so you do the following:
- Find a reputable painter that charges $20 an hour + materials
- Find a college student willing to build a website for you for free, which he is happy to do to add to his portfolio
- The website advertises your fantastic painting service at $50 an hour, and has a registration form to hire you for your services
- That order is automatically routed to notify the $20/hour painter about the job
- The work is complete, and you are paid $50/hour, and you pay the painter his $20/hour fee
This is a simplified version of what people are doing everyday to make millions of dollars. The system is set up once, and it brings in money over and over again.
Rather then working to make money, self-made millionaires spend their time creating systems that earn money for them. In other words, when you stop spending time trying to make money and start creating systems that generate income, the amount of money you can make is endless. This is the power of leverage. In this case, using other people’s time.
There are many ways to do this: through real estate, trading currency, outsourcing, and creating online income streams.
Take the online income stream example. There are many ways to make money online, one of which is to sell affiliate products. Basically it is earning a commission for recommending people to purchase a product. Let’s say you know a bit about exercise or had some experience with a particular piece of exercise equipment.
- You visit the company’s website and sign up for their affiliate program, which provides you with a unique link and pays you $50 for every sale you refer.
- Anytime anyone clicks your link to visit the exercise equipment site and makes a purchase, you are credited with the commission.
- You write an article or review about the equipment and post your article for free online.
- Now your article is online forever, and about 5 times a day someone reads your article and visits the site. About once a month one of those visitors actually purchases the equipment and you make your commission.
Because you spent a little time building your own min-income system, you are making $50 every single month as long as the internet and that affiliate program exists.
That’s not a lot of money, but considering the whole process maybe took an hour, it makes sense to spend your time writing more articles or promoting additional affiliate products. After 2 months of spending 1 hour a day creating these income systems you now have 60 articles promoting affiliate products, and you are making about $3,000 a month whether you do anything else to promote the products or not.
In this example, you’re creating streams of income through leverage by using the Six Figure Yearly system.
Learn to develop a skill that can provide value, and you will be capable of creating income producing systems that can make you a comfortable living without working at all.
When you figure out how to create a system that makes even a small amount of money, simply repeat the process. Eventually your automated system will bring in a healthy stream of income for you.
Good post. Passive income after doing the active legwork is the way
to go.
Your story of the painter did a great job of sinking the principle
of passive income. Perhaps the painter may not be the best example
as usually people want to discuss with the painter on colours,
schedule etc. Still you have awakened some brain cells in my head.
Thanks and best regards
Very interesting article, doing leverage in order to make money?
Very cool. No wonder a lot of people are now into outsourcing.
This is Exactly the mindset I try to teach in my lectures. This is
the surefire way to become a nimillionaire without having to “work
hard” as many people say it. Excellent post. Thank you. Alex Kei.
thanks for your news letters. it has unvailed a lot in my life. I have enjoyed it so much and will take step from now.
Thank very much.
I actually did something similar to your techniques on a larger scale. I used to supply companies with massive bulk products. I had the contacts and the accounts setup. Basically all I did was phone work and had a website setup. I rarely got hits maybe 15-20 a day. But about once every 3-4 months I made a sale. Completed the wire transfer with the buyer. Ordered the trucks and had the products delivered to their businesses. Every sale netted me $10,000 in profit right in the bank each sale. All I had to do was make a call. And pay with the buyers money and keep the rest for myself.
Dont even listen to this. There is no way to make money without being a working stiff the rest of your life. The ppl that tell you its possible are trying to get money off of you, or are being paid by a sponsor to tell you stories of how to make money. It doesnt work. None of it works. Ive tried em all. You cant play the cards no matter how good you are you will lose, stocks dont work, and buying and selling dont work because nobody’s buying for your price and nobodys selling for your price. Face facts. Its over.
Sure you can make money without working, so we must be intelligent. Thanks for the post
The most difficult part would be to find a reputable painter who charges a low price. What if your business grows? How to find more such painters?
Please Reply!!!
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