I didn’t write an update post last month as there really wasn’t anything to report. However, there has been quite a bit going on since then, so, I felt a progress update was appropriate at the end of February.
Just as I stated in my last update, the blog hasn’t grown much in the last two months. However, I don’t see that in a negative light. The readers I have are sticking around, and the percentage of you that are commenting is pretty high. I love that, because it means people are engaged with what I’m writing. And, that’s far more important to me than a bunch of numbers anyway.
Also, I’ve decided to dump my posting schedule. I felt way
to too constrained. And, having to get a certain amount of posts up on the blog meant that by default, some of them were going to be ‘fluff’ posts.
I hate that.
If I’m going to write something, I want it to be valuable and useful. Looking back in my archives, it disappoints me to see articles that weren’t really all that useful, or, that I didn’t really put my heart into.
I would rather post twice a month and have that content me awesome, than post every day and have the information be sub-par. I know there is a lot of variance on this in the blog-sphere, but it’s just how I’m going to run things.
Ultimately, these posts are going to collect and sit on my site for years. I want each one to be as valuable as possible. Consequently, you might have to wait longer than you’d like to read fresh content. I’m not sorry. It’s better for both of us in the long run.
I’m THRILLED to say that
may my design business has gotten its start. I’m finishing up my first site for one of my employers, and have acquired my first real client (who has a fair amount of work for me). In fact, I’ve been so busy with all of that, that I don’t even have my portfolio Online yet.
It feels good to be making money on my own. When I started businesses in the past I always focused on the wrong things. Now, I have cash-flow from day one (and I don’t even have my site up yet). Doing it right this time.
Scalable vs. Non-scalable Careers
After reading “The Four Hour Work Week”, as well as Steve Pavlina’s blog, I’ve been pretty much convinced that scalable, passive income was the way to go for me (and for those of you that want to travel and live a care-free lifestyle). However, the reality is that building a business that generates money passively is not easy. In fact, it takes a great deal of time. (Years for most people.)
Regardless, I still always made a value judgment when it came to active vs. passive income, i.e., passive income is better than active income.
But I really think this issue is both context, and person specific.
I’ve started a service based business in one month, and went from zero to profitability in that time. Yes, the income is active and I’m going to have to work while I travel. But most services can’t be scaled (making them a fairly stable form of income), i.e., articles, websites, and SEO work can’t be done efficiently by technology, so, there is a great deal of demand. And, you can build client’s very quickly.
Honestly, if you’re wanting to get out of your job, travel, and make a major life change sooner rather than later, I think a service based business is the way to go. Sean Ogle made this recommendation to me at the start of this whole endeavor and I’m glad I listened.
A second issue with passive/scalable income is that your likelihood of success is statistically much lower. I know, I know. We all think we’re going to be the unique flowers that succeed with our brilliant idea.
But what if you don’t?
I would rather have to work here and there as I travel, and know that my dreams are reality, than take a big chance on not being able to do what I want. Passive income is still on the table for me and my future, but it’s going to come later.
A smart cookie would pursue both avenues. Just something to think about.