The Game Plan

Like all things in life, in order to succeed you need a plan. I am putting my plan here in order to document it for myself to hold myself accountable, but also for my devoted readers to know what I am trying so you can, at the very least, gain comedic value from my suffering. My plan for “passive income” is as follows:

Good Blog Content – My first commitment has to be to content…I do not want to waste my time, or the time of my devoted readers. My “thesis statement” is to create content that can help others save money, or at the very least provide comedic value.

DIY Projects – Every penny I save is one penny less I have to earn. I will do custom posts with my DIY projects to document them for entertainment, but also for the potential partner program benefits (more on that below). These projects can range from DIY irrigation systems, to furniture I have made/will make, to lawncare strategies…stay tuned!

Photo by Pixabay on Pexels.com

Amazon Mechanical Turk – Several of my devoted readers have probably heard about this, and I have looked very seriously into it as well. I will cover this topic in a separate blog post, but I do not think this is a very viable option for the “Road to One Million”.

Affiliate Programs – Some of you might have heard of different affiliate programs. My post will cover how they work at a high level; at the very least it will explain why so many people share links to products in their YouTube videos, blog posts, etc. The short explanation of it (using Amazon) is that if i complete a DIY project that uses items from Amazon, I can include those in my blog, and if that “special someone” follows the link and buys the product I can collect a portion of the proceeds from Amazon. Thanks Jeff Bezos!

Online Tutoring – Yes, I know this is NOT PASSIVE INCOME…it’s more of an active income source, but I have tried this too so I want to write about it. This has some interesting potential from the impact that you can make in people’s lives by helping them learn a subject, so I will be covering this in depth in a future post as well. The hipster woman in the stock photo below seems to be having a good time with it.

Photo by Karolina Grabowska on Pexels.com

Fiverr – Yes, once again, I know this is NOT PASSIVE INCOME…it’s more of an active income source. Fun fact though…I do not feel like I have any skills that I can use to make money on Fiverr. But, it is a very fascinating website, and I have watched several videos of people that have used Fiverr with good results. If one of my devoted readers have a skill that is conducive to Fiverr this might be a good option for you.

Daytrading?!?I have actually done this. This will probably be a series on my fall (not really a rise) on the daytrading topic. I think this can be successful for people, but I have invested a great deal of time on this to only have it hurt me…stay tuned for the fascinating series on this…

Photo by energepic.com on Pexels.com

CDs and Saving Accounts – I have tried this one too. The main concept around this is that the greater the risk, the greater the reward. So, since CDs and saving accounts aren’t very risky you can guess where this one is going…

Collecting Items – I have watched several videos on collecting things (maybe collecting Pokémon cards…maybe not), but the main point that I gained from the research was that the most powerful value multiplier over time is time. This goes back to the basic economic principles of supply and demand, and owning something that has a limited supply but growing demand (enter toilet paper shortage during coronavirus epidemic). I plan to write a post around this topic, and the main items to know to buy the right things to gain value so that your shelves do not look like the stock photo below…

Photo by Daria Shevtsova on Pexels.com

Ad Revenue – As you have noticed, I have enabled ads on my blogs to generate some small amount of income. Hopefully they will not be too obnoxious to my scores and scores of devoted readers. I really think I have a chance at making $0.00000001 per view of my blog…

General “Saving Money” Topics – This is a “catch-all” topic. I hit on this some with the DIY projects, but just saving money in general (once you train yourself to do it) can be a big help. It could be as radical as “never, ever, ever eat out again” or as simple as choosing a cheaper alternative, shopping for value, or shopping at specific times. Saving money makes people feel good…like the guy in the stock photo below (but he’s excited because he finally got his tags off his new red sweater).

Photo by Andrea Piacquadio on Pexels.com

Toss a Coin to Your Writer… – Sheer desperation, and guilt trip time…if some one stumbles onto my website and decides that they want to help me, 100% of the proceeds go to the “Road to One Million”…AKA me and my not poor not starving family. Or, look at it this way; you are paying for a daily dose of my wit? Is that…better? I’m not sure…

Photo by Pixabay on Pexels.com

ANY AND ALL SUGGESTIONS – I am open to any ideas that any devoted readers have! HELPFUL suggestions are appreciated…winning the lottery is not a helpful suggestion!

Road to One Million Milepost: 0 out of 1,000,000 (aka I have made $0 so far)

Photo by Leo Cardelli on Pexels.com

Published by Ethan P.

Ethan is a 30-something that wants to retire early to spend more time with family (like most people). Ethan enjoys talking in the third person, long walks on the beach, pizza, and nerdy things like Star Wars, superheroes, and saving money....but not Clue...Ethan does not enjoy Clue.

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