Comments on: Quick Question: Are You Planning to Earn a Living Online or Off?

By: Modernape

Modernape — Thu, 05 Nov 2009 17:05:55 +0000

Totally online for the last 3 years, but I do miss that human contact, especially as I used to work in close teams. But you can’t have it all (or can you?)

By: David Walsh

David Walsh — Wed, 28 Oct 2009 01:38:10 +0000

Scalable online ventures, fueling unrestrained offline experience. Online creates enables serious time leverage and potential for totally disproportionate ratio of time invested vs. income produced. Life’s too short to be valued by the hour. Good conversation topic Corbett.

By: jen

jen — Tue, 27 Oct 2009 17:17:03 +0000

Hi again Corbett,
I was able to go down to 4 days really from managing our money well. Also my coaching is bringing in some money.
It has been great, giving me more time to pursue my other interests and get used to managing my own time too.
Thanks Jen

By: Kenn Wilson

Kenn Wilson — Tue, 27 Oct 2009 16:15:00 +0000

I’m not Jen but a few years back I did something similar. I was working full-time at a job I was unhappy with. When review time came along I countered the offer of a pay increase with a work decrease. It was accepted and I began working Monday through Thursday, with three day weekends. Well worth the paltry $5k/year I gave up for it.

By: Kenn Wilson

Kenn Wilson — Tue, 27 Oct 2009 16:11:33 +0000

Mostly opportunity, in both cases. In the first case, I noticed a gap in a particular market and think I’ve got a good shot at filling it. Startup costs (both money and time) for this particular venture are fairly low so I’m going to take a shot at it. There’s very little chance it will become my primary source of income but production is quick and easy and it could be a nice revenue stream alongside my other work (not quite passive income, but it does have fairly low time requirements).

The second idea, which is pretty much just talk between my wife and I at this point, was inspired by a business we found out of state that we think would do really well in Portland. Startup costs and time commitments are much higher with this one so we’re still just toying with the idea. It could be good though, and could definitely become a primary income source if it takes off. And once it’s settled in a bit, a few employees could handle most of the day-to-day operations. But we’ll see.

(comment replies were being spam filtered, so I just noticed this question)