Trading Time For Money

It doesn't matter if you are self employed or if you work for an employer. We trade our time in exchange for money.

For those that work for someone else. Working harder, learning more and becoming an asset to the company often lead to promotions and a higher salary. That equates to more money for the same amount of time.

The same doesn't always hold true for the self employed. Many start-ups and small business go out of business within the first 3 years. For those that are successful hard work pays off with increased earnings and more money for time spent working.

How about blogging, internet marketing, affiliate marketing, selling on ebay or the 100's of other ways to make money online?

I spoke before here on the One Penny Project BLOG about leverage. Doing things that can be re-used to produce income in multiple niches. Using automation or tools to become more efficient.

It isn't about how many hours per week we work, it is about how much money we make during that time.

Would you rather work 4 hours per day at $50 per hour or 10 hours per day at $20 per hour?

Over the next few days I will be writing about ways to automate your online business. I also will do a writeup on my current Entrecard test.

Please consider subscribing to my RSS feed and also check out some of my older posts.

Michael