Make Money While You Sleep

There are many courses online and in print which advocate methods by which you can make money while you sleep, or vacation in the resort of your dreams. The courses advocate the concept of easy money, in which you expend minimal risk to set yourself up for long-term success. The risks are described as minimal, while the returns are shown to be exceptional.

The concept the courses operate on, however, is not necessarily a false premise. It is possible, and it is certainly done at many points in time by many individuals, in which financial returns are garnered while the proprietors sleep. However, the path taken is often not described, or deliberately misconstrued so as to demonstrate higher than normal yields with lower than normal elements of risk.

If you are in business for yourself, however, and are looking for ultimate financial success (note that this is not the only form of success, nor do I advocate this form of success over any other), then you should be looking for such a system.

The basics of the system are to invest your time, money, and effort into an endeavor today which will continue to pay off years down the line without further expenditure. As an example, a songwriter may spend years writing a hit song – however, for decades after the first rendition of that song, the songwriter will be paid every time that song is played without any further investment of time.

If you are in a product-based business, then you should be looking to create a product which may involve significant effort to generate the first version, but to create many versions of the product will require minimal additional work. If you are in a service-based business, then you should be looking to create a system for providing that service via other people, and taking a commission for their work. This is akin to running a franchise – while you put in the effort to create a unified brand that is recognized, you do not expend effort in running the day-to-day business.

Do you really want to be doing the same thing every day, where earning each dollar requires as much effort now as it did when you first founded the business? Or would you rather create a strategy that will change the nature of your work into the parts you enjoy, and leave the financial returns to a system that has been set up properly for success, that will pay for itself over the year?