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who has a Business Plan?

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    #11
    Originally posted by Jog On View Post
    I don't have a written business plan yet but I'm on course to start living off passive income and not having to get up and go to work for someone else within the next 2 years.
    Jog on, mind if I ask how you are generating residual income, and how much you think you need on a monthly basis?

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      #12
      Originally posted by TazMaN View Post
      Jog on, mind if I ask how you are generating residual income, and how much you think you need on a monthly basis?
      At the moment I have a few websites that generate about £200-400 a month in commissions from selling other people’s products and displaying Google adsense ads which pay me every time someone clicks on them.

      I’m (my Ltd) is paying a programmer in the Ukraine to build me a software app that I will sell as my own digital product, I’ll offer an affiliate program which will pay 50% commission so other people can sell it for me as well. I’m also doing a web based business growth course run by the guy who coaches some of the biggest names in internet marketing and so far it’s very very good.

      Internet marketing is quite hard but I’ve been doing it for a year and a half now so am starting to see results. Having your own product is much better than just promoting other people’s stuff so that’s what I’m doing now.

      There’s a lot of rubbish make money online/get rich quick out there but it is possible to do it if you approach it from a ‘build a business’ perspective and not a ‘make money/get rich quick’ perspective. It’s nice waking up and checking your stats to see that you’ve money in your sleep.
      "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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        #13
        I have a detailed business plan.

        Go to work
        Pay tax
        Grow old
        Die


        So far on track.

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          #14
          Originally posted by Jog On View Post
          At the moment I have a few websites that generate about £200-400
          It's porn, isn't it?

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            #15
            Originally posted by Jog On View Post
            At the moment I have a few websites that generate about £200-400 a month in commissions from selling other people’s products and displaying Google adsense ads which pay me every time someone clicks on them.
            ......

            Jog On, this sounds quite interesting. Can you tell me how I can get into this? i.e. any good books you can recommend?

            PM me if it's easier.

            Cheers.

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              #16
              Originally posted by TazMaN View Post
              Jog On, this sounds quite interesting. Can you tell me how I can get into this? i.e. any good books you can recommend?

              PM me if it's easier.

              Cheers.
              Send me £200 and I'll let you in on the secret.

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                #17
                Originally posted by Jog On View Post
                I’m also doing a web based business growth course run by the guy who coaches some of the biggest names in internet marketing and so far it’s very very good.
                Can you send me a link on this please
                Fiscal nomad it's legal.

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                  #18
                  Originally posted by Tex View Post
                  Send me £200 and I'll let you in on the secret.




                  The business model of the less scrupulous people out there.

                  'Earn a squillion dollars this year!'
                  'No hard sell!'
                  'No cold calling!'
                  'Just send us a cheque for $49.99 and we will reveal the secrets to fast wealth!'

                  Rule #76: No excuses. Play like a champion.

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                    #19
                    Originally posted by Xenophon View Post
                    The business model of the less scrupulous people out there.
                    Too right. Don't knock it if it works.

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                      #20
                      Originally posted by DBA_bloke View Post
                      It's porn, isn't it?
                      You'd be surprised what people will pay for the "Boris-cam"
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