I made a statement a little over 12 months ago about a business plan during the Thirty Day Challenge. A statement that caught the eye of Ed Dale who repeated it to everyone doing the Thirty Day Challenge. That statement went something like “I have this cool business model plan where I can build and sell websites (with attached affiliate continuity) using the 30DC”. This year’s 30DC built on that idea and people are selling the one or two sites they made. To ice the 30DC cake, 30DC inc is now openly BUYING websites, waving real cash…the fruit is hanging so low here, it’s dragging on the ground.
So have I been able to build and sell multiple websites ? NO. Why? Because I have tried to do it ALL by myself.
How is that passive? How is that moving towards the four hour work week model? How can I pick that low hanging fruit?
Get someone else to do it!
“Oh” you say disappointed “Outsourcing*. You know that’s really scary. I wouldn’t know where to start….”
I thought the same thing and I had real life experience with outsourcing. As part of my day job I spent a month in India training people to take over work from Australia. All went well, but as soon as I left and came back to Australia it was like everything that had been trained was forgotten. Even though all of the steps were documented, there was this massive problem with execution.
I initiated an investigation and found that the issue really was cultural rather than due to any misunderstanding. Indian society is built on respect for authority, so much so that the expectation is that the manager (person next in the ladder of authority) will solve all issues by making a decision. If that person does not exist then things tend to grind to a halt. After I left, there was no one there to tell them what to do when X happened. Outsourcing is handing over everything and letting someone get on with it with no input from you. That clearly was not the case here. Don’t get me started on the 3 monthly staff churn either….
This experience put me off of out-tasking any of my web work, but also trapped me into only having a finite number of hours to fit everything in . Like everyone else in this world I only have 168 hours a week…not much is it? Especially if you have a day job like mine that eats 40 hours, plus sleeping time that is another 56 hours, plus family time etc etc…and then you have 4 hours a week left to build websites to sell. Logically I will never have enough time in my current situation to create and maintain enough websites to make an income from; which is why I haven’t been able to do it…until now.
So what has changed?
After listening to a podcast**that made mention of an outsourcing service that was being used by people like me, I was curious enough to go listen to the audio at Replace Myself. I was impressed enough to sign up “just to see what it was like”. Twenty four hours later I was hiring my first employee.
Everything came together perfectly
- the skill set was right
- the work ethic was right
- the cultural norms were right
- the university education was right
- the price was MORE than right
- the English was right
- the fact people put “experienced using Market Samurai” in their resumes was right
My first employee, Angelica, is working her way through the 30DC as we speak. She sends me daily emails of what she has done (with screenshots!) and also adds her opinion on the philosophical and motivational training by Karl. She really wants to get to the writing part because she loves article writing and research. I am embarrassed to admit that for her 40 hours a week I am paying her a measly USD$35 during her probation period, that will go up to around $50 after three months. Money that will be recouped in the first site sold, and with multiples being created, it’s gravy all the way after that.
I am so excited about this that I am prepared to write this blog post and risk being shouted at for one long infomercial. The thing is, you would be MAD not to do this. Totally insane. This is the REAL passive income making exercise that everyone strives for. Listen to the audio at Replace Myself and sign up if it is right for you.
* Most people use outsourcing when they really mean out-tasking.