I want to make more money

I want to make more money:

Earning a lot of money to live without working is something that we would like practically everyone. Have enough money to spend time with your family and friends and dedicate yourself to doing what you really like. Let’s look at the secrets to making money and how you can earn a lot of money to live without work.

Can you live without working? If you want to live without working, what you need is to earn a lot of money. As simple as that. ***** The answer is a resounding YES.

Of course you can live without work, but the kit of the question is how to earn a lot of money to do it.

If you are not Paris Hilton and you have never had the lottery (you are more likely to receive the impact of lightning 3 times than being the graceful in the Euromillions), you need to ingeniat them to earn a lot of money and how much sooner better

Are there secrets to making money?… Let’s see how you can get it.

Earn a lot of money if, but how much? The first thing we have to make clear is … so you want to live without working?

It’s not about being a bum without doing anything, but let’s be honest: If you suddenly received an inheritance from a distant uncle that leaves you 40 million euros, I’ll play my neck that you would not spend the next 40 years of your life working 8 hours a day as an administrative or factory employee.

When I talk about living without working, I mean having enough money to have the freedom in your life to do what you want in each moment, without missing anything:

• Decide what you want to do in each moment.
• Enjoy free time with your family.
• Travel and know the world.
• Being able to buy what your family needs at any time.
• Undertake projects that you are passionate about.

How much money do you need to earn to live without working? Doing a quick calculation, if you want to have a monthly salary of € 5,000, you would need € 60,000 per year, multiplied by 50 years, your financial freedom has a cost of 3 million euros.

All this without getting into details such as taxes, inflation, etc.

The problem is that working for 8 hours a day as an employee you will not get your financial freedom, at least in the short term (I do not want to wait until I’m retired with 67 years to have free time and so to be able to enjoy life).

Working as an employee you are selling your time for money.

If you work 160 hours a month with a salary of € 10 an hour, you are working 8 hours a day for a salary of € 1,600 per month. ******* Earning a lot of money as a short-term employee is quite complicated for several reasons:

• Your salary is decided by your boss and the increases are coming very slowly.
• You can not work more than certain hours a day, since you need time to sleep, eat, etc.

With this I do not mean to stop working, but if you want to earn a lot of money in the short term, it is very difficult to get it working as an employee.

Do you recommend me to create my own business? That’s where the shots go, but it’s not about any business.

By setting up your own Italian restaurant, you can earn a lot of money, but you can not live without working, since you will need to work 10 or 12 hours a day to make your restaurant work.

On the other hand, if the restaurant has good income you can get someone to manage the business, but that person’s salary is going to suck most of the income of the business and can that you do not have enough money to obtain your financial freedom.

Do not look for more secrets to make money.

The solution is to create a business that you control, that is scalable and that generates passive income.

• Controllable businesses.
• When the visits of your blog are 100% organic, that is, they only come from
• Google, you do not have control over the income of your blog, because at any time Google can worsen your positioning and visits stop coming.

For this reason most of the blogs you read are dedicated to creating a list of subscribers, because if your blog has 50,000 subscribers, you really do not care what Google does.

Scalable businesses. They are businesses in which there is no sales or income cap.

If you have an ice cream shop, your income is limited to the number of hours your store is open, the amount of ice cream you have in stock, etc.

An example of a scalable business is a social network such as Facebook or Twitter, where there is no limit as to the number of users that may have.

Passive business:

These are businesses that generate income without you having to actively intervene so that the benefit occurs.

My blog generates income 24 hours a day, while I can be sleeping, walking or playing with my children.

Instead of investing your work for money, you need to invest your work in a system that generates income on its own continuously.

The annual income of my blog in 2014 was approximately €18,000. If you think I spent about 4 hours per week we have:

• 52 weeks for 4 hours per week of work: 208 hours of work.
• €18,000 of income/208 hours of work: €86 per hour.
• In August, you may only dedicate 3 or 4 hours to the blog throughout the month, but the blog generated €2,600 in revenue.

Earn lots of money and how to make a lot of money.

• Examples of controllable, scalable and passive businesses.
• Schedule a plugin to later sell it.
• Write an eBook and sell it on Amazon.
• Create an online course and market it with affiliate programs.
• Create an online community.

For more examples of how to earn passive income you can read 17 examples of passive income.

The majority of ordinary people live on active income, that is, income that is obtained by an investment of work and direct time.

The employee of a company obtains active income, since he receives an income in exchange for carrying out his work for about 40 hours a week. If it does not work, it does not generate income.

The positive thing about an active income as an employee is that you get short-term income.

Nothing else that you are hired by a company, you know that the following month you will receive your payroll. The downside is that you generate limited income because for many hours you work, the normal thing is that your salary is always the same, or perhaps only adding an extra if you pay overtime.

If you are self-employed and have your own business, you are in the same situation, because if you can increase your income, but these are limited by your personal production capacity. The limit of your business are the maximum hours you can work a week and on the other hand, if you are sick or you go on vacation, you stop generating income.

The ideal would be to perform an initial job that would result in stable and scalable income, that is, income can increase considerably without having to invest more money, more work or more time to increase .

Let’s see then that they are passive income and some examples of passive income.

Passive income are those that are generated without you having to work on them actively. Normally you do an initial job to start generating long-term passive income, without having to continuously work to obtain them.

The idea is not to work with a scheme of so many hours of work for a given salary, but to work less now in a more intelligent way, to generate passive income by said work for several years.

Generate passive income = earn money online? Not all passive businesses are online businesses, there are businesses with which we can get passive income (and we’ll see some below).

Even so, the Internet is an ideal platform to create passive businesses, since it allows our business to work 24 hours a day, in an automated way without having to work on them. in a direct way and being able to obtain scalable revenues.

Despite this, not all businesses on the Internet are passive businesses, since there are people who have an online business and dedicate 9 or 10 hours a day to its operation.

I suppose you will not mind much having to dedicate many hours to your online business in exchange for your income.

It is not a matter of obsessing with generating residual income without doing anything, but rather having the motivation and enthusiasm for having created your own business that generates income, making something that you like, with freedom of schedules and without having to meet 8 hours a day of work supporting the breath of your boss in the neck.