I am now successfully creating a new stream of passive income by November 1, 2012, that generates at least $1500 per month on average and endures for a minimum of 10 years, and I am doing this in a way that delivers strong value for many others around the world.
That is my passive income goal statement. Passive income is revenue made while not actively working. I am currently following Steve Pavlina’s passive income series and I am ready to make that dinero! I tend to have a bad habit of reading books, blogs, and magazines galore and never actually putting into action the words of advice given. I am finally deciding to just take some advice and run with it. This passive income series came just in time, because I have been thinking about creating another stream of income that works while I sleep.
I have been working on a book about my journeys to Haiti for about a year now and I still have not completed the book. I am ready to get this book completed and let it make money for me while I sleep. I will be following Steve Pavlina’s web series and also will record my journey to passive income on this blog.
I already made my goal statement, I have printed out my goal statement and placed it above my desk, I have made my goal statement public, and I am keeping myself accountable by recording my journey on this public space.
I think I will make updates about one time a week, to coincide with Steve Pavlina’s postings.
The progress with my book has been interesting; I had an original idea, then switched it and now I am back to my original idea. If I had to give a percentage of how much of my book is complete, I would probably say 15%. Realistically, if I write about 1000 words a day I can finish writing the first draft of the book by August or September. However, I set my goal to November 1, 2012, but I do not mind finishing before that deadline.
Do you have passive income?
An urban planning PhD student finding peace in creating a balance between the mind, body, soul, & environment.