What are the Best Ways to Make Money without Working for it?

by Patrick Meninga

Maybe I am just lazy, but I have always hated working for money.  It started when I got a job at the age of 16 at a Kentucky Fried Chicken restaurant.  It was my first day of work.

My very first day!

And I said to myself

“There has got to be a better way than this.”

That was a huge reality check for me.  I thought that work would be easy, or that I could just sort of tune it out and then get to the part where you get paid.  I had no idea how long 8 hours really was.

It was a cruel wake up call for me.  I was 16 years old, and I thought to myself:

“I can’t keep doing this for 50 more years.  No way.  I’d rather kill myself!”

So that was how I felt, right off the bat, about hourly work.

Over the next 15 years or so I kept doing it though, and basically stayed employed full time through the whole thing.

But then I got wind of an idea on the internet.  The idea was this:

I could set up a system that made money for me.

That was my bright idea.  And I became infatuated with the idea of earning money without having to work for it every single day.

So I started to try and build such a system.

I failed.  I failed miserably my first few tries, and I could not seem to generate any passive income at all.

But I did not mind these failures much, and I did not let them discourage me.

I said to myself:

“I might fail, but I am going to keep trying until I nail it.  What have I got to lose?  My friends come home from work and they watch television.  I come home from work and I try to build businesses.  I might not succeed at first, but I have the next 50 years to keep working at it, and hopefully master it one day, and thus I will be free of my day job.”

That was my attitude.  Why not keep trying?  Building passive income became my new hobby.  It was what I did for fun rather than waste my life on television and video games.  I sold my Xbox 360 and got busy building a website.

I would say that it took almost 2 full years of sort of half hearted effort on the website before I saw the potential in it.  Before I saw that it really could liberate me from my day job.  So when it crossed a certain earnings threshold, I finally got excited, finally got serious, and I said

“OK, now I am going to pour some serious energy into this project so that I can buy my freedom from my day job.”

So I took a month off work at one point and I doubled the size of my website from about 500 articles to almost a thousand.  Then over the next year I added another 500 articles or so.  All the while I focused hard on maintaining quality.

Eventually I added a forum to the site and a real community started to form around my ideas.  It was earning a full time income and I was able to quit my day job.

So that is my advice to you if you want liberation from your day job:

Use your spare time to build a lean business.  I used a website, but you could use anything really.  Stop wasting your time consuming media and use that time to build a business.  Invest your time rather than risk a bunch of money on a new business.  The internet is perfectly suited for this.

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