Re:Instapainting – From $4k in debt to $32k/mo in passive re...
by graeme on Thursday October 27, 2016 @12:29PM
(#12806548)
Oh, I don't need to do any of that regularly. Doing those things fall under growth activities.
The SEO and email system more or less runs itself. But, y'know, if I completely ignore it for two years something might change.
Mind you, I have some components that have run since 2013/2014 with no change at all. Most of my system is like that actually.
There are website updates required, but a contractor does that. I just monitor reports.
So there's somewhat more work than I think you're thinking of, but not much.
What I'm getting at is: If I adjust SEO targets, mailing lists, app or interface code say monthly to keep things moving along, it really isn't passive.
I'm not thinking about annual taxes, or one time problems (DNS issues, certs, payment provider changed) etc.
But routine, regular work absolutely includes any regular updates to website code, transaction providers (add/remove vendors etc.), SEO techniques, etc. If you are tweaking the business weekly/or monthly it is just silly to call it passive.