As many of you know, we are in the Galapagos for a work trip. We are just past the halfway point of an 11-day content creation trip of three islands.
We've seen giant tortoises, blue footed boobies and manta rays. We've swam with green sea turtles and sea lions. (See photos at the end of the post.) It is an amazing family experience.
All of this made me think: If we weren't bloggers, just what would our life be like?
Here's the thing: We aren't rich. We aren't highly trained. We are just a young family from small-town Canada.
If we had a regular job, we couldn't easily take off for two weeks – leaving everything behind. In the six days that we've been here so far, we haven't even worked 2 hours. Well, aside from the time we spend creating content (8-10 hours per day). But this doesn't feel like work.
Because our sites just kind of take care of themselves we have done almost no work on them since we arrived. In fact, one of our sites just posted its highest traffic (and thus, profit) month ever – while we are hiking and snorkeling in the Galapagos Islands.
The beauty of online business is that it can create true passive income. By setting up specific systems, we can generate steady (daily) income – even if we aren't working. We have created a free course to help you learn how to start your income blog.
What is Passive Income?
Passive income is getting paid when you aren't working. It is the opposite of getting paid by the hour or the month.
Don't be mistaken. It takes work to create passive income – it is a business, not a get-rich-quick scheme. But with a passive income stream, you get paid for what you create – not the time you spend on it. If you create something great – your income reflects that.
There are unquestionably tens of thousands of better blogs than ours. There are many bloggers who spend longer writing their posts and editing their videos. And yet many of these blogs don't make any money.
There isn't always a direct relation between time spent and resulting income. Time must be spent on the right things. Writing a good post on a bad platform (one that isn't indexed by Google) or spending too much time promoting mediocre posts won't get you anywhere.
So it isn't as easy as just spending a lot of time on your business. It needs to be spent on the right things and in the right order. (We'll cover more on this in future posts.)
Creating passive income is best done online. And we have had good success doing this through blogging. Since we've launched this site, we have had a huge response to both our story and the content. And we have lots of amazing stuff planned.
Based on this response, we know that you have big plans too. We want to know your story. My question to you is:
Why Do You Want to Run an Income Blog?
There are many reasons to create passive income. Family, travel, volunteering or health. What's your motivation? Please share your reason(s) in the comment section below.