Re:Working While You're Asleep
by graeme on Monday March 11, 2013 @11:57AM
(#5357511)
At low levels, it's possible to enter scaleable businesses with relatively low risk.
I started writing e-books for an affiliate. Took ~2 weeks to make the first couple books. Early sales justified continuing. Then mid-run sales justified continuing on a longer term scale.
I ran out of books to write, so I didn't scale that high - but I produced some recurring revenue with very little risk. At each point I knew my efforts would pay off at a certain level.
I started writing e-books for an affiliate. Took ~2 weeks to make the first couple books. Early sales justified continuing. Then mid-run sales justified continuing on a longer term scale.
I ran out of books to write, so I didn't scale that high - but I produced some recurring revenue with very little risk. At each point I knew my efforts would pay off at a certain level.