Online Data Entry or Passive Income?

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Online Data Entry or Passive Income?

Sure there are some real jobs out there doing online data entry from home, but do you really want to make a paltry hourly wage when you could be earning passive income instead? Doing online data entry might sound like a great job, simply because you can do it from the comfort of your own home, but really what is the point if you are being paid just like at any other job? A job is still a job, and if you want to make the money you still have to show up and do the work. Ugh.

Passive income, on the other hand, is about getting paid when you don’t want to work. It’s about making money when you are out on the beach or still sleeping in your pajamas. For example, I can go on vacation for a week and while I am gone, my passive income streams bring in over a hundred dollars. That happens while I am gone, on the beach, no computer in sight. Now, did I have to do some work in order to set that up and get that going? You bet I did. It does take some effort to build an online asset that produces money over and over again for you. But it beats the crap out of working hard and typing away for a few bucks an hour.

If you write an article and publish it on your website, that article can pay you over and over again. Let’s say it is strictly an average article and maybe it will only bring in about a dollar each week. Well, that is 52 bucks per year! And if you keep at it and keep building this into an online asset, that article is going to make you, say, 300 bucks over the next 6 years. And how long did it take you to write it? It takes me about 15 minutes to write an article at this point. I usually try to write about 10 to 20 articles per day, simply because I am pretty fast at doing so and I know the long term payoff involved. In some cases I am making several hundred dollars per hour when I write an article, I just don’t get the money all at once. I know it will roll in steadily over time as the website grows and my earnings increase. This is the power of making passive income instead of working for an hourly wage.

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