Cash Machine: Are You Building One or Just Another 9-to-5 Job?

Steven3 responsesGeneral

When you first dove into the blogging pool it was probably because someone told you it was the perfect way to earn money and get a real life. You’d no longer be tied to a time clock and you could work whenever you wanted to because a blog was like a little 24/7 salesman who never needed a break. Now that you’ve been at it for a while, you’re wondering how you could have been so naïve. You’re not building a cash machine. This is just another 9-to-5 job!

building a cash machine

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It’s true. Building a successful, sustainable online business takes a lot of work. A lot more than you were probably lead to believe. And, while it’s true that anyone can make some kind of money online, if you want to make build a successful, money-sucking online business you’ve got a learning curve to deal with, too.

But, no matter how hard you think you’re working right now, there are some big differences between making money online and ‘just another 9-to-5‘ job.

Working conditions: Maybe you don’t remember that JOB you had, but I remember mine and I’m not going back. Six days a week, up at 2 am, 45 minute commute. Then work like a dog for 12 or 14 or 16 hours, drive 45 minutes to get home, gulp a quick meal and get to bed, and do it all over again the next day. And the work was physically and mentally grueling – lifting and toting 50 pound bags of flour, standing in front of a hot oven all day, taking care of idiotic customers while trying to do the work of 3 people.

You think blogging is hard work? You think you’ve been mislead? What time did you get up this morning? And what time did you actually sit down at your desk and start working? And how long did you sit there? Did you have the TV or music on in the background? Were you surfing the net while you were ‘working‘? Taking phone calls? Playing WOW? And didn’t you just take the weekend off?

Before you start complaining about blogging being ‘hard work‘, take a good look at what you’re really doing with your time, and then compare it to what you did at your job.

Potential income: The problem with a job is you’re limited in how much you can earn. You might be guaranteed 40 hours a week at $30 an hour. And if you’re lucky you might get a few hours of overtime at time-and-a-half. So the most you can earn each week is $1500 or $1600. Period.

If you’ve got a family and a mortgage and car payments, that’s not going to go far. And if you want to make extra money, to buy a new car or take a vacation or just to start building a nest egg, you’re going to have to work more hours. There are only so many hours in a day.

Maybe you are putting in a lot of hours working online right now, but your earning potential is unlimited. Eventually you’ll learn everything you need to know, it will all come together, and you’ll start making money. That time will come sooner than you think and when it does you’re going to think that blogging is the coolest ‘job‘ in the world. In fact, you’ll probably start working even harder so you can make even more money.

Residual income: And to prove that you really are building a cash machine and not just working at another 9-to-5 job, show me a J.O.B. where you can make money 24/7, 365 days a year, whether you’re at your desk or not. Even if the job you had was easier than blogging, even if you could work as many hours per week as you wanted, the one thing that working online has that your J.O.B., doesn’t is residual income. Once you learn everything you need to know about building a successful online business, you can set it up and forget it. Move on to setting up another one, get it to the point where it’s generating income and forget it. It’s simply rinse and repeat.

Eventually you’ll have so many blogs and websites built, and you’ll have created such a huge network of successful Internet properties, that you’ll never have to glance at your computer again. You will, though. You will glance at your computer, because you’ll want to, to see how much money you’re making every day.

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3 Comments

  1. David

    Well, you do have a point there. there are some cool benefits to working online. I can take a day off when I want to. I haven’t reached a point where I can take every day off, but you never know.

    On the other hand, if your income goes down, you know you are in trouble. This is particularly true if it slips enough where you can’t keep your business running any longer.

    But if you can keep it running, you could say it is a better deal than that or that 5-5 job, you left behind.

  2. Lisa

    That’s my dream – but it takes a lot of time. And you MUST enjoy it. I’ve been at it over 2 years now. The worse things get at my day job (layoffs, etc) the harder I work on the online stuff each and every a.m. and night.

    1. Absolutely, it takes a lot of time and hard work! But the outcome is so rewarding that it completely out-weights the effort needed (at least from my point of view). I wish you the best, Lisa!

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No thanks, I have enough money