Fully automated passive online casino software business

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Many nomads get started on the path to location independence by earning money through a skill set — often by freelancing or developing a service business.

For a newcomer, I always recommend this as the easiest way to go from zero to a full time, location independent income.

That being said, we all want to know how to make passive income online. The dream of money ticking into your account while you sleep beside a beach in Thailand is an alluring one.

The goal here is time AND location freedom. I can tell you from personal experience: In my previous post I broke down the difference between passive and active income for location independence.

They are not passive by definition. The big question is, can you create a product better than the best affiliate product you might promote instead? Note you can also use an affiliate product to test the market, and then create your own product if the results look good.

You take orders for physical products, and you only purchase the inventory from the supplier after a customer has placed an order.

They then ship it out for you. Another option is to sell a service, such as SEO, social media marketing, web design or video creation. Anyone here have a fully automated business?

I am a new entrepreneur and am exploring options for my online, product-based business. I see services such as Shipwire, Shopwise, various payment gateways, graphic designers for logos, etc.

These services are often a little more expensive than doing it from scratch but they seem robust and well integrated with each other, thus streamlining everything and making it more efficient.

It appeals to me Only thing to keep in mind: I laid the groundwork and ran each website for at least a year.

It's the only way to get to know the business, solve issues, detect possible improvements, etc. Only if you're happy with the entire process can you start writing it down and outsource it.

I still work more than full-time, but on other projects, that I hope to outsource in the future.

That's kind of the problem. Those of us that are capable of building something like that don't actually do the 4 hour work week, ever.

We just move on to the next project. I wish I knew how to change that and learn to relax. Most people learn after getting burnt out or realizing they can't take the money with them when they die etc.

Same here for past 5 years. Thought I'd get back into the game, but just haven't had the motivation. Make saving goals, determine your retirement lifestyle needs, kids college, whatever.

Just build a business or empire around your ideal lifestyle so that you're never "working If that's what you love doing, then there's nothing else you should be doing!

This is what some people don't understand. I don't necessarily build a business to make a million bucks. I say to myself, "I really enjoy doing X.

How can I monetize it? I like creating a business for the challenge and the fun. Not to make a fortune so I can sail around in a yacht drinking mai tais.

I've always wanted like, say, a week on a decent sail boat. It needs to have satellite TV and internet. Sail that boat 12 miles off shore so you can't see land, anchor it, and just relax for a solid week.

If I want to stay on Reddit all day, then I do. If I want to fish, swim, etc. Complete isolation for a week is all I want.

That would be awesome. But with a wife and kids it would be difficult. Often times my "mini vacations" are late nights at the office!

There is a common misconception people have about the goal of the 4-hour work week. They think that it's to reduce your work week to 4 hours and then you're done.

He doesn't want people to stop working. This is Tim's real motive with the four hour work week: Take your 40 hours of work and turn it into 4, take this new free time to build more businesses or projects that can repeat the same steps.

It's a continual process of building income streams and automating them to be passive. It's the best way to leverage your time to do the things you truly love, with no worry, no strings attached.

Diversifying your streams eliminates all the eggs in one basket trap. If one fails, so what, you have 5 more that got your back, it will be easy to re-create and experiment with getting another stream back up.

It's a repeatable process. It's not for everyone though, you have to be disciplined. The hard work can be worth it.

Imagine waking up every day and having more money in your bank account than when you went to sleep the night before.

You can't achieve that when you work for someone else. Neither is right or wrong, determine what is most attractive to you.

I interpreted the 4 hour work week as the time spent on work during one of his mini retirements. He doesn't need to work during this time, except for a little checking in on his business.

But the 4 hour work week is only for a few weeks. Maximum a few months, each year. The rest of the year he's still grinding like everyone else, trying to start new business.

But would you be happy not working all the time? I personally want the freedom to choose But I will always pursue projects, thats just who I am.

It's in my nature to look for problems to solve and to work on developing the best solution to them, nothing beats the sense of discovery when you strike those really good ideas that are truly better than anything currently offered, then solving all of the problems that your bound to encounter in the course of commercializing it.

For a current example there is a m long volcanic fissure eruption right now in Iceland I need to be in a place where I can instantly drop what I'm doing and run across to the world to see something cool.

This is a big part of what is driving me too. I want to get to a point where financially I can think like some big name creative people have.

Did he expect it to make money, no,could he afford to do it, yes. When I started working hard I thought to myself: Then I realized that I would never be able to sit down and game all day.

I felt both good and bad about it. I do take extended holidays, mini-retirements as they're called in the 4 hour work week.

Helps tremendously with work-life balance and joy of life. Also, I moved from my home-country-where-it's-always-raining to another country where the sun is always shining: Some Adsense sites, some affiliate sites mostly lead generation in dating and finance , 1 online shop importing an American food product to my country.

Emerson said men oscillate between repose and truth, but each prefers one more than the other. You can tell the man of repose by his beliefs. They're usually the first he has come in contact with.

The first political party. Usually that of his father's. Actually my favorite part of the book was his vacation strategy.

Two months on, one month off. The vacation month he'd learn something physical dance, jui jitsu and mental usually a language.

Are these affiliate sites or dropship sites? How long did it take to build sites and rank them? What advice do you have for someone wanting to do similar things?

Affiliate, Adsense and 1 shop with physical products that a family member is packing and shipping. A site can be built in a few days with WordPress and rank in a matter of weeks if there's not too much competition.

Otherwise, a few months to a year. You never know beforehand which site is going to work. I have about websites. A site that I was happy with when it reached euro per month last year, suddenly started doing per month.

I would say, once the site is completely finished and has good content, link building is the most important contributing factor to success.

My websites are mostly aimed to the Belgian market though, where it's probably still relatively easy to rank. Didn't have as much success with international sites.

Wow thanks for the reply man. I've been trying to get my own affiliate sites off the ground lately and there's some great tips here, thank you: Yes, I probably got lucky, from being born in the correct part of the world, to the education my parents gave me, to being in the right spot at the right time to learn about website building and online marketing.

It has been a process of years to come where I am now. On the other hand, I do pride myself on a keen insight to 'how stuff works', learning by seeing, finding loopholes and gaming systems like ranking 1 for certain keywords is.

And I don't think I will stop working, as long as I'm enjoying it. The mini-retirements might be getting longer and longer and I might spend more time with my family than work, but launching business and seeing them grow is fun.

Additionally, it's very difficult to automate client service, and even difficult to train people to provide great client service which is very different from customer service.

All of my businesses are full automated. From selling my books to running my chat rooms to my YouTube videos to selling my software. I wouldn't run a business any other way.

Time is more valuable than money to me. My goal was to create passive income to a point where I could disappear for a year and my businesses would still run.

I have a degree in computer science and engineering, but honestly, I don't think a degree is required. For example, in the first semester of college, I was coding programs and selling them on a website I created while using Paypal as a payment system.

It was simple and automated, because you can take PHP templates that automate emailing users after they pay you. And since these are digital goods, it's really as simple as emailing someone an email attachment with your program on it.

I had learned all of the coding prior to going to college on my own by reading tutorials online. As for my autobiography, it's the same process as above.

But I also created my own website to sell my book, because Amazon take a fairly large cut from your profits. As for my YouTube vids, I had no training in that at all.

Just need a catchy title and interesting content that people would deem worth sharing. I learned how to edit videos by watching free tutorials online.

And nowadays, there are so many templates out there that I probably don't even need to code to get some sort of ecommerce website running.

How do you run your youtube passively? It only takes me a few hours to create a video. Once you upload it, the income is passive from the ad revenue.

It's definitely not an hourly type of job. Nothing to live off of unless you do this weekly or something.

But it's still nice to have an extra revenue stream while doing something you like. Almost everything I do, I only do it because I like doing it.

It's like getting paid to do your hobbies. And I highly suggest others to do so as well. But this video has , views and no ads that I see.

Is the submitter of this video making any money off it you think? I want to do what I enjoy and use youtube as a source of income, but then I see a video like that and realize I don't understand the whys and hows of youtube quite enough.

The way youtube works is that anyone can post video on youtube and youtube may decide to put an add on that video to make a dime for themselves.

However they've figured out that it would be a wiser investment if they were to share their advertisement revenue with the video creators to encourage the video creators to make more and spend more time on the videos thus increasing the views and profit on advertisement.

To make money off youtube videos you must first apply to become "partners" with youtube. If a particular video never has advertisement chances are that the creator didn't apply to become partner and isn't making a profit off the video.

You can learn how to apply to make revenue off your video and learn more on this process at: That would be illegal if they monetized it.

If you want to make videos for a living, you have to own the content. It's like the lottery if you don't know what you're doing.

If you get good at what you're doing, then it wouldn't be hard to make money on each app you make. Even my weakest performing apps make money.

Think of it like acting. Not everyone's going to be a millionaire actor. What differs the first from the latter? Talent, looks, personality, voice, and a little luck.

Same thing with the app store. My conclusion is this: Don't think of it as trying to win the lottery. Think of it as doing a hobby you love doing.

If you don't love doing this, then don't do it. But if you love doing it and don't make much money from it, then what's wrong with that? And if you love doing it and make a lot of money from it, then well, that's the jackpot right there.

It's a no-lose situation. The people who lose are the ones who don't love what they're doing. Yea, they're available on Amazon as well.

Or can certain degrees help more? I'm going for an electrical engineering degree but I highly doubt I'll be able to use it much for an internet start up or apps.

The degree itself is meaningless. However, I find that you know beyond a shadow of a doubt you're entrepreneurial if you're working on businesses WHILE pursuing school.

Don't forget that one of the main purposes of going to get a degree i. I'm in the UK, and here there's a lot more scope for people to study a course at Uni with little or no job prospects, like history, geography or geology.

They then go into all sorts of lines of work, from banking, consulting, marketing, tech etc. It's less about the content of what you learn, it's more about what you learn about life when you're there.

In my opinion, school forces you to have a much wider understanding of the world than you would otherwise learn by yourself fueled by your own interests.

Actually, without going to school, many topics won't interest you just because you don't even know they exist. In your opinion, what's the argument, if any, against simply looking at the curriculum and syllabus for a course of study at a good university and then forcing yourself to follow it by yourself?

Because it's a pretty tall order in my opinion to justify throwing all that time and money at anything other than what your 1 goal is, and I assume over half the people in this subreddit have succeeding at entrepreneurship as their 1 goal.

I think one objection might be that it helps with your networking but I can't think of many other good reasons. Devil's advocate from someone who went to an 'ooh, aah' school and learned almost jack dick of practical value.

One, you have less discipline studying on your own for most, not all, people. College has a quasi- social pressure and society built in for you to focus and study.

Two -- the main benefit of college for me was largely social. The one thing I would change would be study something more useful like CS, and learn some of the philosophy and psychology on the side rather.

Also, the big state school would probably be much more useful and valuable than the expensive 'elite' school, to be honest. If you have not received an email within 24 hours?

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AND playing blackjack online brings with it a massive advantage denied to players in the casino! Typically online poker book of the dead mexico sites generate the bulk of their revenue through the "rake". Those of us that are capable of building something like that don't actually do the 4 hour work week, ever. Now multiple that by six teams and you can see how effective they are. If one fails, boxwetten what, you have 5 more that got your back, it will be easy to re-create and experiment with getting online casino paypal deposit king casino bonus stream back up. If you are looking for something for nothing? If the "live" player manages to get dealt a hand at the start that the team cannot beat, each wette+ the team will fold. A few of these opportunities didn't work out for me. Has built in free slots jackpot. If I remember right, OP buys successful websites and makes money off no deposit 100 casino bonus. The casino blackjack table we used for the demo film has a min. Actually, I started out as a pot dealer.

Watch as we only bet the minimum on hands we cannot win and then bet the maximum when the software tells us that we cannot lose. The casino blackjack table we used for the demo film has a min.

The demonstration film runs for approx. It is not a professional production, but a short demo done by us.

Due to the devastating effectiveness of this software, we have decided that we will be adding a playing time restrictor.

This we hope will help prevent over use and abuse of the software, thus not bringing unwanted attention to you or our software. The playing time limit will be set at 20 minutes.

This may not sound a lot of time but believe us, it is more than enough time to rack up a few thousand dollars The more you have in the bank the more you can bet on winning hands — Subject to the tables maximum bet limit!

Watch the older version minute demo for its effectiveness, and how quickly the bank rises! We are setting the software so once the software has been started it will run for 20 minutes continuously.

You can stop the software before the 20 minute time limit. If this is deactivated before the time limit is reached? The software will not reactivated for the 24 hours.

After the 20 minutes the read part of the software will shut down for 24 hours. You will know when the software has stopped as the voice commands will stop Please email us for a copy of the version 1 demo disk.

We have stopped using the link to watch the demo online due to unwanted attention!! When asking the question "how does the software work" The saying ignorance is bliss is an apt quotation when it comes to our read and voice blackjack software.

This "Partner Beta Package" can be ordered in conjunction with our unique play before you pay auto play robot guarantee. If the trial auto play poker robot fails to run you keep all the hardware laptop etc.

You can ring and book a home site tutorial visit at anytime one voucher per-package - You must have your voucher code to hand when booking.

At the end of each session the software will email both parties the play log which shows the daily totals. Due to the nature of the software and App.

We will not take an order for this particular package unless we have had a chat with the applicant. Our Texas Holdem Robot Teams have now been updated!

Will can provide you with and set you up with a team of nine artificial intelligent auto play poker robots that once they at fully installed and running at the same table will share information through their own dedicated server with each other!

The information they will share will included what cards they hold, what cards they are being dealt etc. Now with one click set up.

A team of up to nine robots can be set up around a table the software will automatically read the table and adjust the amount of robots require to sit around a table accordingly.

There will be one free non-robot seat left at each table. Whenever someone sits at one of the tables where your team is sitting, the team comes to life.

They will "talk" to each other sharing their hands, new cards as they are dealt etc. The teams will take up their seats at the chosen tables, but will only kick into "life" when the last seat is taken.

The team can do this as on top of being able to communicate between each other, they also include a program that allows them to calculate what the maximum hand the "live" player can have and manged to get, knowing what each robot is holding and being dealt.

Once one of the team hold the guarantee winning hand, they will then each raise and then over time fold until the "live" player either decides to call or folds the hand.

Whenever the "live" play folds his hand, all but the robot with the winning, or highest hand will fold and win the pot.

Again if the "live" player calls, all but the robot holding the higher, winning hand will fold and the robot holding the winning hand will also call and take the pot.

If the "live" player manages to get dealt a hand at the start that the team cannot beat, each of the team will fold.

But you do not have to know the rules of poker, anything about poker or do anything. The teams of auto play poker robot will do it all automatically.

With the version we have now made running a teams of poker robots extremely easy to do. You need to just log into the online poker site, open a table and then click sit the team button on the robot software interface, a one minute process.

The software and the team robot will automatically do the rest take sits, wait for last seat player, then auto start. It will then stop when they player leaves, wait and start again when the next player joins the table.

You do not need to do anything. Each table's team can be set to stop playing when they reach a daily win limit, again we can do this for you.

Talk to one of the team to discuss the ideal daily limits you wish to set. We would recommend that you set theses at varying daily limits.

Once the set limit has been reached the team will automatically leave the game and auto re-join 24 hours later and start again if the table logged to has been taken?

To give you an idea of the winning potential, the team robots are designed to be most profitable at the larger limit tables which have minimum bet limits as well as high table limits.

However the bigger the table limit and minimum bet limit the more the "live" player will lose and the more the teams make you.

Even if the "live" player only plays four or five hands, they will still have lost, at least a few hundred pounds. Now multiple that by six teams and you can see how effective they are.

The poker team software now requires no funds to get started! We have now made this version fully compatible with even more online poker sites.

These new poker site you can claim free money bonuses when you first sign up. To restrict availability and use of the team software, it will only be available as part of our "partner beta package" Details of this package are above.

Online poker and blackjack is a massive market; billions and billions. People have always looked for ways to get an advantage and beat other poker players.

One way is to use an auto play poker robot. We receive emails from people who have purchased a poker robot from adverts emailed directly to them, usually by Spammers?

Only to find that it does not work correctly due to being just a basic robot that loses. Then you find out that to purchase a full program on its own will start from approx.

But always remember, you pay for what you get. So the more expensive the program, the better the software will be. Top software is never going to come cheap.

We supply programs for third party auto play poker robot: What they do not realise is that the winholdem auto play poker robots are just the basic interfaces.

It can be connected to poker tables and will play, but as it has no program brain it will lose. You of course also need to know the ins and outs of poker and write this into the program.

As seen and tested by the Mail on Sunday back in ! We programmed and ran a winholdem auto play poker robot with our basic program in their offices.

We have several different poker programs for you to choose from. Each program runs differently and plays in a different way, from our basic program up to our Vex RGN program and team set up.

We are now restricted to one account per person per site! By making our robot programs available for third parties to use we are increasing our income stream.

The more people we have running the robots with our programs the more commission per robot we receive. This is an extra income we would not be able to receive without a team of clients running their own robot s with our programs.

If someone at a table is already using an auto play poker robot with a program installed, our software picks this up and will not allow your robot to sit at the table.

Thus making sure you never play against someone else with a programmed robot. Below is an overview of each program, what each robot programme does.

At the end of each playing session, when you log your robot off, we are automatically sent a log of that days play.

Then on the 1st of each month blackjack weekly you send us our relevant commission payment by card or direct monthly transfer. If you fail to send the due payment, please remember we can disable your program until payment is made.

This is a standard, but advanced program. The program has been designed to play the percentage game.

The program is designed and programmed to play very aggressively with the top 8 potential winning hands. All other hands it plays the percentage.

As soon as the robot program has a top 8 hand it plays to win the hand, and bets aggressively. The program is designed and programmed to play very aggressively with the top 5 potential winning hands.

As soon as the robot program has a top 5 hand it plays to win the hand, and bets aggressively. With all other hands it plays the percentage.

As soon as the robot program has one of the top 3 hands it plays to win the hand, and bets aggressively. The next generation of poker robots and programs.

The research and program team we have used Auto — Robots over the last four years have been developing their own Vex Rgn Robot program.

The Vex Rgn program developed by Auto Robots does the following, over the original program. The Vex Rgn program includes software that memorizes and reads the table.

This will allow the Vex Rgn program to do the following over the standard robot programs: A It will enable the Vex Rgn program robot to know with Robot will know what hands each of his competitors have , as well as what is in the flop.

B This enables the Vex Rgn program robot to know with Basically the Vex Rgn Program will be able to read the table with It will know with Once the Vex Rgn program has kicked in, please use the robot sensibly.

We do have to be very careful with the Vex programs as confidentiality is our number one priority with it. Therefore if your order is accepted we will require a confidentiality agreement to be signed by you.

The agreement will only be sent to you once we accept your order. All the details of the Vex Rgn Program, i.

Sites to play, tables, limits, running instructions, how to keep updating your auto play poker robot s database up to date and how the Vex programs work!

You can set up a maximum of nine robots around one table. There will be one seat free non robot at each table. This team play is ideal for large table limits IE: However the bigger the table limit, the more the free seat will lose and the more the robot will make.

The team programs, Vex RGN both connect to our servers during game play. The more robots you run, the bigger the profit potential. You can start with one robot and add new robots as and when you like to build your own team of robots.

The team robots are programmed to talk to each other telling each other what cards they have, read the table etc. The potential is enormous.

If you need any help or advice please email our online programming team at any time, who will be happy to help. We supply and develop other software for online casinos.

However these are only made available to existing clients. Below is an image of our brand new vex-rgn software that includes an upgrade to allow you to see what each of the other players are holding and being dealt.

This will be added to the package and activated when released. We can design a program for your needs. Just tell us how you want the program to run your auto play poker robot, and we will design a program to your specifications.

You can upgrade your program at anytime and cost apply. Non server code written programs can be amended to clients requirements, but PTM hold no responsibility for the stability and results cannot be guaranteed once the clients requests have been amended.

It on requires 10 to 20 minutes of work each day to start up and then turn off the software. There are many sceptics out there and some poker sites try to scare you off, but a correctly set up robot cannot be detected and sensible playing of your robot will not bring unwanted attention to your account.

The golden rule is do not get greedy! Plus, as you will read in different independent articles, you can make a fair profit.

Starting with one robot and building up until you have a team of robots. Once set up we can link your robots to as many tables as you like, so you really can maximise the robots potential.

Auto-play poker robots that, once set up, play the whole game for you. They play the cards, call and place bets. You can walk away and let the auto-robot play the game for you, it is as simple as that!

The software comes preinstalled which includes, set up and running. You can leave the robot playing while you are shopping, at work or even overnight while you are asleep?

The robots are also programmed to mimic toilet breaks by leaving the table for mins and then returning!! We supply everything pre-installed on the laptop and tablet and delivery to you before invoicing for payment!

But we will supply for information on the best way to run a successful robot. But do not be to greedy! Once the robot is playing then you can just leave it playing by itself!

A deposit of approx. Many casinos also offer new clients signing up bonuses.. You can run as many robots as you like at one time. Full easy to follow instructions and support.

We are not going to supply you with definitive figures ourselves as that would be impossible, but we have supplied a copy of a statement plus we are going to let the Mail on Sunday article, the msmbc web site and live news desk report tell you what robots are earning for their owners so you can see the potential.

We are restricted by how many robots we can run. Making our robots available for third parties to use we can increase our income.

The more people we have running robots the more commission per robot we receive. Though the online casino industry do frown on this type of software!

But to keep your robot s away from prying eyes, we also use security software to ensure that your robot is undetectable.

This is not a must on all poker rooms. Each of our robots comes with a fully written winning formula program. Each formula program takes hours of programming.

The longer the robot runs, the more information it stores, the greater it winnings potential. The robot has a built in memory as well as a full winning program.

So as the robot plays, it gets stronger and stronger. But if you have purchased our pre-installed laptop package? Then please only use this hardware for running the software.

You can use your robots anywhere that there is an internet connection broadband recommended. Remember though, a robot fully installed and using the security set up software we can provide and set it all up for you cannot be detected and just show up as a normal human player.

So all the figures quoted in the Mail etc. All applications and clients are kept totally confidential. We do not and will not pass on or divulge any of your details onto any third party!

You can play in the knowledge only you and our consultant will know that you are using our software. If once you have your software you feel you need help?

We will included one free home visit with your package. Outside EU flights and accommodation to be paid. Limited edition blackjack read and voice includes unlimited home visits worldwide.

Summed up in a few lines. A dealer gives you two cards. You win when you draw a total greater than the dealer but not exceeding Once the province only of those who frequented casinos in person, blackjack now can be played for BIG cash returns from the comfort of your own home — thanks to the internet.

AND playing blackjack online brings with it a massive advantage denied to players in the casino! You see, playing blackjack in a casino means you are legally required to use only your skill and judgement.

In other words you are not permitted - by law — to use calculators, written notes or any other devices that would give you an advantage.

But with this blackjack software package, you can cover all blackjack tables. We have just added this new option dedicated exclusively to the game of blackjack.

A complete pre-installed, ready to go blackjack software D1 that is exclusive to this package not available in any of our other options.

This Amazing blackjack software D1 comes pre-installed on its very own laptop and ready to start using immediately, no waiting.

The most comprehensive blackjack software available anywhere is now available through us and exclusively pre-installed on its very own laptop and ready to start using the minute you boot up the laptop.

It is has all been done for you. The software amongst other things will now also tell you:. You do nothing but follow the instructions.

So if you are new to blackjack and Know nothing about the game, or how to play, it does not matter. This software tells you what to do next.

Works on every online casino blackjack table that plays with either: Has built in anti-shuffle. So whether a casino shuffles after each hand, game etc.

The software still works. You can set up nine robots around three different tables 27 robots in total There will be one seat free nonrobot at each table.

But the bigger the table limit, the more the free seat will lose, the more the robots will make. We can set up your robots so they are playing twenty-eight different tables.

These would be ideal for a starter, as they can start on low limit tables. Whether you have team set up or single set up, you can swap the tables you wish to play on at any time.

Well, these are all examples of course. But they give you an idea of the potential. We will start with a very small hourly profit per robot and build up.

These figures are for running 28 robots at 28 different tables. The research and program team we use Auto — Robots over the last four years have been developing there own Vex Rgn Robot program.

What does the Vex Rgn Program do over the original auto play robot programs? Well, the vex Rgn program developed by Auto Robots does the following over the original program.

The vex Rgn program includes software that memorizes and reads the table. This will allow the vex Rgn program to do the following over the standard robot programs:.

Robot will know what hands each of his competitors have and also what is in the flop. So very basically the Vex Rgn Program will be able to read the table with Maximum a few months, each year.

The rest of the year he's still grinding like everyone else, trying to start new business. But would you be happy not working all the time?

I personally want the freedom to choose But I will always pursue projects, thats just who I am. It's in my nature to look for problems to solve and to work on developing the best solution to them, nothing beats the sense of discovery when you strike those really good ideas that are truly better than anything currently offered, then solving all of the problems that your bound to encounter in the course of commercializing it.

For a current example there is a m long volcanic fissure eruption right now in Iceland I need to be in a place where I can instantly drop what I'm doing and run across to the world to see something cool.

This is a big part of what is driving me too. I want to get to a point where financially I can think like some big name creative people have.

Did he expect it to make money, no,could he afford to do it, yes. When I started working hard I thought to myself: Then I realized that I would never be able to sit down and game all day.

I felt both good and bad about it. I do take extended holidays, mini-retirements as they're called in the 4 hour work week. Helps tremendously with work-life balance and joy of life.

Also, I moved from my home-country-where-it's-always-raining to another country where the sun is always shining: Some Adsense sites, some affiliate sites mostly lead generation in dating and finance , 1 online shop importing an American food product to my country.

Emerson said men oscillate between repose and truth, but each prefers one more than the other. You can tell the man of repose by his beliefs.

They're usually the first he has come in contact with. The first political party. Usually that of his father's.

Actually my favorite part of the book was his vacation strategy. Two months on, one month off. The vacation month he'd learn something physical dance, jui jitsu and mental usually a language.

Are these affiliate sites or dropship sites? How long did it take to build sites and rank them?

What advice do you have for someone wanting to do similar things? Affiliate, Adsense and 1 shop with physical products that a family member is packing and shipping.

A site can be built in a few days with WordPress and rank in a matter of weeks if there's not too much competition. Otherwise, a few months to a year.

You never know beforehand which site is going to work. I have about websites. A site that I was happy with when it reached euro per month last year, suddenly started doing per month.

I would say, once the site is completely finished and has good content, link building is the most important contributing factor to success.

My websites are mostly aimed to the Belgian market though, where it's probably still relatively easy to rank. Didn't have as much success with international sites.

Wow thanks for the reply man. I've been trying to get my own affiliate sites off the ground lately and there's some great tips here, thank you: Yes, I probably got lucky, from being born in the correct part of the world, to the education my parents gave me, to being in the right spot at the right time to learn about website building and online marketing.

It has been a process of years to come where I am now. On the other hand, I do pride myself on a keen insight to 'how stuff works', learning by seeing, finding loopholes and gaming systems like ranking 1 for certain keywords is.

And I don't think I will stop working, as long as I'm enjoying it. The mini-retirements might be getting longer and longer and I might spend more time with my family than work, but launching business and seeing them grow is fun.

Additionally, it's very difficult to automate client service, and even difficult to train people to provide great client service which is very different from customer service.

All of my businesses are full automated. From selling my books to running my chat rooms to my YouTube videos to selling my software.

I wouldn't run a business any other way. Time is more valuable than money to me. My goal was to create passive income to a point where I could disappear for a year and my businesses would still run.

I have a degree in computer science and engineering, but honestly, I don't think a degree is required. For example, in the first semester of college, I was coding programs and selling them on a website I created while using Paypal as a payment system.

It was simple and automated, because you can take PHP templates that automate emailing users after they pay you. And since these are digital goods, it's really as simple as emailing someone an email attachment with your program on it.

I had learned all of the coding prior to going to college on my own by reading tutorials online. As for my autobiography, it's the same process as above.

But I also created my own website to sell my book, because Amazon take a fairly large cut from your profits. As for my YouTube vids, I had no training in that at all.

Just need a catchy title and interesting content that people would deem worth sharing. I learned how to edit videos by watching free tutorials online.

And nowadays, there are so many templates out there that I probably don't even need to code to get some sort of ecommerce website running.

How do you run your youtube passively? It only takes me a few hours to create a video. Once you upload it, the income is passive from the ad revenue.

It's definitely not an hourly type of job. Nothing to live off of unless you do this weekly or something. But it's still nice to have an extra revenue stream while doing something you like.

Almost everything I do, I only do it because I like doing it. It's like getting paid to do your hobbies.

And I highly suggest others to do so as well. But this video has , views and no ads that I see. Is the submitter of this video making any money off it you think?

I want to do what I enjoy and use youtube as a source of income, but then I see a video like that and realize I don't understand the whys and hows of youtube quite enough.

The way youtube works is that anyone can post video on youtube and youtube may decide to put an add on that video to make a dime for themselves.

However they've figured out that it would be a wiser investment if they were to share their advertisement revenue with the video creators to encourage the video creators to make more and spend more time on the videos thus increasing the views and profit on advertisement.

To make money off youtube videos you must first apply to become "partners" with youtube. If a particular video never has advertisement chances are that the creator didn't apply to become partner and isn't making a profit off the video.

You can learn how to apply to make revenue off your video and learn more on this process at: That would be illegal if they monetized it.

If you want to make videos for a living, you have to own the content. It's like the lottery if you don't know what you're doing.

If you get good at what you're doing, then it wouldn't be hard to make money on each app you make. Even my weakest performing apps make money.

Think of it like acting. Not everyone's going to be a millionaire actor. What differs the first from the latter? Talent, looks, personality, voice, and a little luck.

Same thing with the app store. My conclusion is this: Don't think of it as trying to win the lottery. Think of it as doing a hobby you love doing.

If you don't love doing this, then don't do it. But if you love doing it and don't make much money from it, then what's wrong with that?

And if you love doing it and make a lot of money from it, then well, that's the jackpot right there. It's a no-lose situation.

The people who lose are the ones who don't love what they're doing. Yea, they're available on Amazon as well. Or can certain degrees help more?

I'm going for an electrical engineering degree but I highly doubt I'll be able to use it much for an internet start up or apps.

The degree itself is meaningless. However, I find that you know beyond a shadow of a doubt you're entrepreneurial if you're working on businesses WHILE pursuing school.

Don't forget that one of the main purposes of going to get a degree i. I'm in the UK, and here there's a lot more scope for people to study a course at Uni with little or no job prospects, like history, geography or geology.

They then go into all sorts of lines of work, from banking, consulting, marketing, tech etc. It's less about the content of what you learn, it's more about what you learn about life when you're there.

In my opinion, school forces you to have a much wider understanding of the world than you would otherwise learn by yourself fueled by your own interests.

Actually, without going to school, many topics won't interest you just because you don't even know they exist. In your opinion, what's the argument, if any, against simply looking at the curriculum and syllabus for a course of study at a good university and then forcing yourself to follow it by yourself?

Because it's a pretty tall order in my opinion to justify throwing all that time and money at anything other than what your 1 goal is, and I assume over half the people in this subreddit have succeeding at entrepreneurship as their 1 goal.

I think one objection might be that it helps with your networking but I can't think of many other good reasons. Devil's advocate from someone who went to an 'ooh, aah' school and learned almost jack dick of practical value.

One, you have less discipline studying on your own for most, not all, people. College has a quasi- social pressure and society built in for you to focus and study.

Two -- the main benefit of college for me was largely social. The one thing I would change would be study something more useful like CS, and learn some of the philosophy and psychology on the side rather.

Also, the big state school would probably be much more useful and valuable than the expensive 'elite' school, to be honest. Yes, I think it'd be perfectly possible to do that provided you have a strong enough drive and are intelligent.

Depending on how good the professor is and the subject, you may be missing a lot of the context and insight you'd get from class discussions.

A good chunk of what I learned in my college classes didn't come from the books themselves. Maybe with technical subjects or hard science this applies less, but with business case studies, for example, you'd get so much more added value from listening to how different people analyze it.

Thing is, the decision to set your own schedule and focus on teaching yourself anyways is quintessentially what a school is meant to do.

No one can teach you but you. Oh wow I didn't even notice your username, I'd say you're decently well known on here lol.

Oh man, I should have looked at the username. Keep up the good work! In the thousands and then stopped. MiTiS' record label decided last year around Sept to start taking the money raised in the video by filing a copyright infringement claim on the video.

Oddly they allowed the video before several times and then backed out of it later on probably after seeing it doing so well.

But I already started paying for her school stuff out of my own pocket anyway. The video was only a way to get her to accept my assistance without her feeling like she owed me anything.

I think what you'll find is that "passive income" is a myth perpetuated by people trying to sell you a book.

If this were truly legit, you'd have an army of millionaires exiting real estate and banking and instead establishing turnkey e-comm sites.

It had some bigger months early on but now has seemed to have leveled out. Other than answering student questions, which I actually enjoy, I can't say I spend more than 30 minutes a month on it.

All promotion comes from organic udemy searches. I remember going through your course when you first released it, thanks again for the reddit coupon you gave out!

I started couple startups. In one of my startup that i created a production yields management system. Initially it took about 2 months to launch it but after that everything was automated and I was putting is about 2 hours a week and making about 4k a month on it.

For the past 6 months i have put in about 20 hours total and still making 8k a month on it. I must be missing something.

What exactly are production yields and why does it require it's its own software? I'm curious how you marketed such a software and why it is superior to what was already being used.

You know more about this so could you explain a bit about it? There was no marketing. So i created a simple system that lets their customers login into the portal and few their order details and where in the process its at and same for their vendors if they raw materials is received and when it was received.

All the system changes are notified by email automatically. As the parts come of the line and are packed in to the boxes the boxes have a 2d barcode that the app creates for each order and its scanned when the total parts are reached a notification is sent to shipping and shipping updates the order when its sent to carrier to delivery.

And the customer is notified through out this process. So you discovered a niche that was done in an acient way and upgraded it with new simple technology?

I do independent consulting e. The important parts are having intimate domain knowledge and having said knowledge in an area that is niche enough that it doesn't make economic sense for a larger company to build an application tailored to that market.

But if you can get there it's a great opportunity. Not one where you're going to be filthy rich or anything, but where you can make a decent living working light hours for yourself and maybe have an employee or two.

Having the niche information and ability to get the process developed simultaneously is a great crossover. I was speaking at a conference recently and met a married couple who lived in Colorado and owned their own business creating software for textile manufacturers.

They were both managers in said factories back in the 80s, built some software back in the 90s, and have been milking that sales channel to now textile manufacturers outside of the US.

Being childless helps, of course. But I imagine it's a pretty sweet lifestyle. Work hours a week as a couple, spend a lot of time following your passions, and make enough dough to afford it all.

Whereas if they were to do they same they'd surely make less, but a much smaller percentage less. That's why I am envious of such people who are able to find a niche and make the most of it.

And, joy, I get to work with those people every day! It would give you great seed money for a more profitable business too.

That is what my eventual goal is. I want to have large self sustaining businesses that give me a nice paycheck that I can use for other stuff.

My other stuff happens to be having a family, going to college pretty much until I die, and building invention after invention and having people market and sell them for me.

It is so much fun and I can't seem to stop doing it. If I had someone to do the marketing I would do the inventing part.

Marketing is such a pain. I know how to do it now but I just don't like doing it. This, everyone, is how you fund a start-up. Consult at a high hourly rate while developing IP to sell as products.

I don't have a startup, although your advice is sage. I am a full-time consultant. It's a little depressing in that I know exactly my maximum income since it's a function of my hourly rate times the number of hours in a day.

And best of all I enjoy what I do and I don't ever tell this to my clients, but honestly, I'd do a lot of this for a fraction of the cost because I do find it intellectually stimulating and interesting.

I should put "try" in quotes because this is Labor Day weekend and yet I got up at 6: How would you suggest building a clientele as an independent consultant?

It seems like it would be hard to get people to hire you unless you have some sort of experience to vouch for you. Did you do something before this that built that?

How did you find a sales rep in the given sector? I really need someone with knowledge of the industry with contacts. Did you pay them a salary?

I don't have enough revenue to offer up a pre-sales income yet but I would definitely be willing to provide a solid commission structure and even equity upon reaching goals we agreed upon being reached.

I flip houses, and it's not a lot of work. But really, it's because I'm leeching off of a couple of guys who are putting in real work. My friends own their own construction company, and they buy bank foreclosed properties.

Basically, I invest money that helps them buy more houses, and I get a really nice return from them. But I could cut that amount of time down- I spend that much time studying stocks because I actually enjoy it, and I have a lot of free time, with no real job.

If you're referring to the houses- we typically make an agreement on what my return on investment will be before I even hand them the money.

A couple of times, they have given me the option of taking a percentage of the profit, but I have always gone for the guaranteed return.

I actually don't even remember what the percentage that they offered me last time was. It takes these guys a long time to flip a house, because they pick real projects- like hurricane Sandy houses.

I won't put all my eggs in one basket with those guys though. I don't want to wind up on an episode of American Greed as a victim. I also manage a million dollars of rental apartments that I own, just opened a pizza place, and have almost k in stocks.

Oh my, what an amazing response! How did you begin your journey? The flipped houses business obviously takes time for you to see a return, as well as investment capital.

However, in terms of the rental property, how did you begin? How is the pizza business? I know the food industry is brutal, so what made you go into this market?

Actually, I started out as a pot dealer. I didn't have any skills, and as an actual pothead, I thought it was obviously the best thing for me to get into.

It was medium risk, high reward, and I needed money. The plan was to try to save up money to get involved with actual legal business- while networking.

I've always been a believer in "it's not what you know, it's who you know. Some of them I made real friendships with.

I may have been selling pot, but most people realized that I was honest and intelligent. And over the years, I've been invited into business opportunities a bunch of times.

A few of these opportunities didn't work out for me. But basically, the house flipping opportunity was all about forming a real friendship over years with someone.

The pizza place also was all about knowing the right person. My partner has been in the restaurant business for years. The rental properties was kind of my idea, but I used people who were actual friends of mine to help me pick properties and do carpentry work.

It wasn't all fun and games. As you can imagine, many of the people who I met in the pot world turned out to be real losers.

Everybody has always tried to scheme me out of money. And sometimes it worked. But that's my basic story. Thanks for your kind words.

I elaborated a little more in a response to someone else, if you're interested. I'm not a day trader- more of a buy and hold investor, so it wouldn't have a whole ton of updates.

My current advice is to buy Alibaba on day 1 when it IPOs next month, and hold it. I'm actually currently writing a book called How To Be Happy 2.

I'm a pretty successful guy at life, and I've made a lot of money without working very hard. I'm hoping to make it available for free when I'm done if you want me to send you the link.

My book will not waste your time. I recently left my job conducting stock research for an asset manager. I've never looked into personal trading because it's prohibited by the SEC, but in a few weeks I'll legally be able to invest on my own.

I'm confident I would make a return on my money by knowing how to trade on news from public sources, but not sure how much of my savings I should tie up in the market.

I've been adding money to it over time. I personally use schwab. I use Schwab because I already had an account with them.

I kind of wish I was with a different company, but not badly enough to move my money out. I will say that Schwab's customer service has always been excellent for me.

I'm not sure how much of your savings you should tie up in the market. Personally, I'm very aggressive when I feel like I have a winning opportunity, and you sound like you would do really well in stocks.

You might even agree with my opinion that this bull run is not about to end, at least through New Year's. How much you invest- I don't have advice for you there, but scared money don't make no money.

It won't grow unless I put work into it. I spend a long time each week talking to suppliers and finding new products.

The only paid marketing I do is using Amazon ads. Amazon do the rest. I made sure that I have a lot of positive reviews on the product by contacting customers who leave account feedback and ask them to leave a product review as well.

I started off with just one product that I imported from China and branded. There are very few barriers to entry so I'm not going to tell you what it is other than it's electrical accessory.

Since then we've branched out, buying stock from Hot UK Deals and selling it on. Looking into Christmas products now, got a few ideas!

You go to the amazon seller central, set up an FBA shipment, saying how many you want to ship to amazon warehouses, then they automatically calculate how many to send to which warehouses.

You print shipping postage not free and the amazon shipping label free , stick it to the boxes you're sending the stuff in, and mail them.

If you packaged it right, that's the last thing you need to do. FBA lets Amazon ship it instead of you when people order off of amazon. FBA gives customers the Prime option.

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