Day 21: How To Create a Passive Income Online Business in 2021

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Do you want to create something passive that makes money while you sleep? Stay tuned!

I’m currently living in a van (yes, by choice) and traveling across the United States. Today I am in the Florida Keys and have not worked at all! That being said, here is how much I have made…

How is this possible? When I was growing up, I was taught that the best way to make a lot of money was by climbing up the corporate ladder. Nobody ever told me that I didn’t have to work 40 hours a week to make a liveable and comfortable income. I never would have imagined that I could sit on the beach, kick up my feet, and make a full-time living.

No — I don’t sit with my butt in the sand and drink mai tais every day. That’s not what the epitome of making money online and being successful is. This post is about teaching you how to save a little more of your time and how to turn your side hustle into a passive hustle.

So far, you’ve learned lots of different ways to make money online. The strategy that I’m about to share with you applies to all of them. My 30-day free course is geared towards beginners so you’re probably not making a full-time living from the internet just yet. If so, I’m positive this post is still worth your time to read.

Concept #1: Outsourcing

Disclaimer: I know that mentioning this strategy is going to upset some people. I am here to share what has worked for me, and this just happens to be one of them. You don’t have to take my advice. Or you can! Your call.

I was born and raised in America; it is a blessing to live here. There are other places in the world that the value of one dollar means so much more than what it does here. Tim Ferriss first taught me about the concept of geoarbitrage which is basically using one currency to buy goods or services from a country where the initial currency is worth more. This means that those who live in…