Comments on: Alternative Income Streams – October 2008

By: The Other Guy

The Other Guy — Tue, 28 Oct 2008 15:16:24 +0000

I suggest you assign yourself a portion of the profit from your new business as earned income, and the remainder as dividends – passive income or alternative income. Regardless of the amount made, working for oneself is often much more rewarding then working for someone else.

By: The Digerati Life

The Digerati Life — Sun, 05 Oct 2008 02:23:07 +0000

When will tell me the details of your other project? :)

By: Matt

Matt — Sat, 04 Oct 2008 17:02:42 +0000

That’s a fair amount of profit for a month. I am hoping to get to a point where I can generate even a quarter of that. We will see.

I am going to have to go dig around your archives to check out what streams are working for you.

By: KushMoney

KushMoney — Sat, 04 Oct 2008 13:21:57 +0000

I had my best month with a profit of $169. I know it’s not much but its a start. This month will be much better. I really need to focus on passive income but I can’t help but it flip websites for quick cash. I am always working with a very small budget since all the profits go towards bills to make things easier around here.

I am shooting for $500 – $1,000 this month. :)

By: Justin

Justin — Sat, 04 Oct 2008 12:48:43 +0000

Sounds like you are making some good money online! I need to figure out what you’re doing.

By: Rich Credit Debt Loan

Rich Credit Debt Loan — Sat, 04 Oct 2008 04:06:01 +0000

Would this be that business idea you mentioned a while back… Seems profitable and yet under you 6 month original estimate. Congrats! Multiple income streams rock!!!!!

I had my best month ever… 3 significant and different income streams. Blogging actually lost money but only cause I significantly ramped up my expenses to shoot for growth. my top line revenues was the highest it has ever been at just over $6K for the month from personal websites.

By: Eric

Eric — Sat, 04 Oct 2008 00:42:35 +0000

$2K passive profit sounds good. Since that is your profit, would you be willing to describe your expenses?

By: Solomon@ThingsI'mGratefulFor

Solomon@ThingsI'mGratefulFor — Fri, 03 Oct 2008 20:26:20 +0000

I’ve made nearly £100 this month, by joining bingo websites via a cashback site and withdrawing all of my winnings. All told, it’s taken me a couple of hours to do. It’s not passive, but it’s still a very good return, I think.