Another month is done and it's time to take a look at my alternative income for the previous month. In past months, I've given a number that was very specific, down to the cents. This month, I can't be as specific - the power cord on my laptop is broken, so I have to make a battery last a week, until the person from Ebay ships my replacement. (While I am happy to have saved around $40, I would have paid full price to get it faster - it simply wasn't an option that I could see.)
So this past month, my websites and other dividend income (which is minor) netted me around $2100 in profits. I'm sure some will come and say that I should be quite happy with that number, but it hasn't gone up in some time. Then again, I spent much of last month in Australia and Thailand, so I can hardly complain. The dollar per hour worked was actually quite high. Most months that would be the biggest piece of news...
This month, my business partner, had been selling the poo out the start-up business. Though I had the contact for the biggest client, the rest were all him and his contacts. I came back and found that he set our company up with a competitive recurring profit to my websites and dividends. I'm not quite sure how to classify the income though. It's a little like a manager's job, where you have to be around to make sure the excrement isn't hitting the fan. However on most days, I'm just making sure that everything else is running smoothly, which is fairly passive. I suppose there's the making of new sales as well.
I don't know whether to consider to consider it alternative income based on the definition at that link or not. I'm pretty tempted to say that it is, because the amount I'm paid is not tied to how many hours I work. Let me know your thoughts (even if they are that I need to come up with new words for doody) in the comments.
8 Responses to “Alternative Income Streams – October 2008”
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