Residual and Passive Income
Because working for life is overated.

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goal setting

dollabillMy first year of dibbling in passive income is near an end, even though I have only been publicly blabbing my mouth with this blog for a few weeks, I have had an actual monthly revenue of income trickling in for almost 12 months. I am about to let you all in on a little secret, my story starts back in February of 2008, the day I got my first drop of passive income.

It was a usual day of being a freelance hero. I was sitting at my desk reading some blogs much like you are doing right now, when I went to the old trusty browser and loaded up my email. ‘You have been invited to beta test our network’ the email read. Apparently I was chosen to be a part of the GraphicRiver.net pre-release. I was allowed to setup an account and get a jump-start before the site went public. This would allow me to build a portfolio and setup shop so when the curtains dropped I would be able to start making some money.

Fill your tank with the right gas.

I did some browsing of the site, and I saw one fatal mistake that 90% of the users were making. They were all uploading every little graphic they have ever made, nothing that could universally used throughout the design world. I went with the opposite, I sat down and created a Web 2.0 Background Designer, a simple,

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money goalsSo the New Year is just around the corner. It is time to stop and enjoy some time with the family, tell the wife or husband you love them as well as think about the year to come. This is a great time to reflect on last years accomplishments and set youself in the right direction for the upcoming year. Time to set some goals and stategize on how you are going to be accomplishing what you wish before next time this year, but what makes a goal a good goal?

Good, Great, GOAL!

It is not hard to just come up with a goal. It is quite easy as a matter of fact. You can come up with them all day long, but lets pick one apart, in fact, lets pick my goal apart. “I wan’t to make $1,000 dollars of residual income each month.” So we have our goal, but is it realistic? Is it measurable? Here are a handful of key terms that come to mind when goal setting:

  • Written
  • Challenging
  • believable
  • specific
  • Measurable
  • & Have a Specific Deadline

I think these terms sum up a goal rather well, but you do not necasarilly need all of them to make a goal a good goal. Some of the terms like believable and challenging are relative terms

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