Passive Income

I don't want to be a wage slave. In my career, I don't ever want to ask for a raise, like I'm getting permission to stay out late. I'm an adult, I shouldn't have to ask permission. If I succumb to that setup, then the institution has gotten me. They've fully domesticated me into a numbed servant.

The more I think about it, the more convinced I am that an entrepreneurial career is the only way I can work and be really satisfied.

Hourly wages don't make any sense to me at all. In my current job, I am incentivised to work slowly and inefficiently, when in fact, my employer(s) would be better served by a quick turnaround on projects. They should be paying me reverse-hourly wages. I should start with a certain pay, and have deductions made progressively as my delivery time lags. That way, I'm paid well if I focus and complete projects on time, and my employer gets the product faster.

I want to get paid, not for my time, but for the value I deliver. I only have so much time. I have infinite value.

I want to set up multiple streams of passive income. An example is something I did this summer. I spent an afternoon drawing this picture of Barack Obama. I did it at the beginning of the summer, and had meant to do it much earlier than that. But I drew it and uploaded to a site that sells your designs on tees and gives you a commission. All you have to do is design and upload.

Want one? Click Here.

I've made over $70 in that time, from $3 commissions. I did that in one afternoon. I should make a habit of this.

And this is with NO promotion on my part. I've already shown that I can do guerrilla promotions successfully. If I'd pushed this at all, I think revenue could have been, would have been (will be?) multiplied many times over.

This isn't event the tip of the iceberg. There are a thousand different opportunities for passive income, little money machines waiting to be built, seeds to be planted. I think I'll start planting.

NOTE: That shirt is more a sign of my entrepreneurial penchant than my political leanings.