OK so now it's clear what we should be trying to build… We need a real business that can scale. It must have very few moving parts and people to deal with.
Passive Income = Freedom. The greatest feeling on earth is not owning an alarm clock… These days, I live in paradise and I wake up whenever I want. This was my ultimate goal. We want to spend our days on the beach and our nights in bed with a sexy Asian girl right? 😛
So what's the answer? Sell information. This can be video courses, membership sites or books. The easiest way to start right away is by creating an ebook. I sincerely believe selling ebooks is the easiest way to make money online right now.
Think about it… Once you write an ebook it's done. You sell it online and it's purchased via online payment then downloaded instantly. No cash to collect, no shipping and handling, no warehouse full of products. No hosting costs or site management. It's completely hands off once you create the product. This is a beautiful business model that will make you laugh at all those stressed out bar owners you see in south east Asia!
