Howdy Reader! Two kinds of income: direct and residual. Direct income means you do a job and get paid. Residual income means you build something once and get paid many times. I've been working to build residual income for a long time. The thing with that kind of income is that it's less of a sure thing. Ad revenue is great, but if the source of the traffic dries up, it goes down. Royalties are great, but if the publisher changes the rules, it's gone. Direct income, though, has advantages. It's typically faster than building up residual income. There's no ownership afterwards, but you get paid, sometimes quite a bit. For the rest of the year, I'm going to hit on direct income. I'm going to ramp up my selling on eBay. I'll build some residual income streams along the way, sure. But to get to profit in 2025, I need some faster money. This is my best bet. I don't see it as a forever thing, but until the end of the year, it's the primary thing! Let's grow and be productive together! ~ John When you're up for it, here are some other ways I can help you:
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Howdy Reader! We had a guest pastor at church this weekend. I had met him before and knew that he attended the church at one point. Before the service, he was commenting on how much things had changed. "Yeah, we left around 2014 or so." I said, "We started attending in 2009 and you had already left." Anyway, I don't blame him. Time goes by quickly, and it goes by more quickly as you get older. Last year becomes last decade when you least expect it. That's why it's important to do what you...
Howdy Reader! Starting a side hustle is exciting. Especially for someone who is drawn to bright shiny things like me, haha! I'd plan a little bit, but I'd often go overboard on the supplies I'd need. For example, I still have a ton of padded envelopes left over when I got a bunch of CDs to resell. I'd justify the large quantity by pointing to the lower per-unit cost. But this is of no use if they just sit there! The last few times, though, I've restrained myself a bit better: I got a thermal...
Howdy Reader! I grew up in Corning, NY. You may have heard of Corning Ware or Corning Glass. That's the place. It's also the place where Steuben Glass was made. My grandfather and father were both avid collectors of art glass. They kept many of their Steuben Glass catalogs. These sell on eBay for more than you might guess. This is part of my end-of-year push to profitability. So today I organized the catalogs I have by size so that I could purchase shipping supplies. That, and I got my first...