Thought experiment (with a lesson!).

Posted | 0 comments

This post is one of my free weekly LIONS CLUB newsletters and is unlisted (and therefore exclusive to my subscribers), but you somehow made it here (you sly dog!). Now that you are here, feel free to share, comment, or ask a question below. And if you haven’t already, sign up for my free weekly LIONS CLUB newsletter to receive more great posts just like this one. Enjoy! 🙂

Thought experiment (with a lesson!).

Here it is: what would you do with $30,000 / month of passive income?

Think about it for a little while and them come back and read this. 🙂

This is more of a philosophical question than a business one, but it’s important to think about. Why?

Because it will give you a clear idea of what it is that drives you. It’s actually a much more powerful question than “what would you do if you were rich?” This is because it puts a tangible number in your head and forces you into an actual analysis instead of a sort of fantasy / daydream.

For example, after thinking about it, it might turn out what you want to do is spend more time camping and hiking (this demonstrates that the real luxury you seek is more time). Maybe if you had those kinds of earnings, you would do an extended backpacking trip through Asia (in which case it becomes clear that location independence is what most matters to you). Perhaps you’d go to some less fortunate part of the world and try to help out (in which case charity is where your heart lies).

See what I mean? A lot of times the answer to this question turns out to be unrelated to any expensive purchases at all (or maybe you just have a few initial luxury items you’ve always wanted, but then after that a standard income would cover the lifestyle you desire).

In addition to answering this question as a hypothetical exercise, this question is one you may have to answer for real one day. 🙂

Why? Well, think about it:

First off, $30,000 / month is $1,000 / day, which is totally feasible in this business. This business is unique in the sense that it is about as difficult to get from 0 to $100 / day as it is to get from $100 / day to $1000 / day. Needless to say, there is a huge difference between those levels of earnings, but consistent traffic spikes happen all the time in this business, and those numbers are compounded when you have a massive portfolio of websites.

But just because your answer might make you realize you really don’t need to make that much money to be living the life that you want, it doesn’t mean that there isn’t a reason to strive for those numbers anyway! For me personally, most of my monthly earnings go into a bank account (or more specifically, investment vehicles), and that money saved up gives me total peace of mind, which to me is the greatest luxury imaginable.

So…what you would with $30,000 / month of passive income?

Hopefully your answer helps clarify what really drives you and then leads you to the kind of life you truly want to live. 🙂

Mike Omar 

Register for my video course(s) on Udemy (100% free)

If you have any questions about this email, feel free to reply and I will answer you as quickly as I can!

Note: I have made this automated newsletter using AWeber. No website (or Facebook fan page, etc.) is complete until it has a sign up form to collect email addresses (otherwise, you’re leaving money on the table). Every business in the world should have an email list, as well as a newsletter they send out on a regular basis. No matter what kind of online website you have (business website, personal blog, etc.), get a sign up form on there and start collecting emails immediately (even if you don’t have a clear idea of what you’re going to do with that mailing list yet). One of the most common regrets of anyone with an online presence is “not having started collecting emails sooner.” 

AWeber is hands down the most powerful (and affordable / easy to use) email marketing tool for managing and growing automated mailing lists. It is also the most effective tool I have when I need to communicate to my entire audience all at once about anything at all. I highly recommend starting a mailing list as soon as you start your online business, no matter what your goals are. I have a video lesson that shows you how to use AWeber here


You can also learn my entire Make Money from Home LIONS CLUB lesson plan in book form (also available on Kindle)! To learn how to build a $5,000 per month passive income website portfolio, completely step-by-step in book form, click here.

You may also be interested in my book that teaches you how to start a profitable blog (also available on Kindle). It has similar principles as my other book, but the overall strategy is different. If you’d like to learn how to build a blog about a topic you love, develop a loyal readership, and make money online doing it, click here

My personal website portfolio is made up of both of these types of businesses (generic passive income websites and cared-for blogs), and I suggest you build both kinds of websites for your business as well.

About the LIONS CLUB:

The Make Money from Home LIONS CLUB was founded by me (Mike Omar) to help people learn how to make money from home and escape their dependence on an outside job. Remember that the goal here is not only to make money from home, but to gain FREEDOM and TOTAL AUTONOMY.  The more money you can make on your own, the closer you are to never having a boss or a work schedule or limited vacation time again.

Navigating my website:

About – The about page is my FAQ page answering who I am, why I created the LIONS CLUB, how my free online school works, how to get the most out of it, and other common questions.

My Story – Here you can read my story about how I went from a corporate drone to broke and unemployed to a full time passive income earner.

Resources – This page lists the best tools I’ve come across to build my online business. I would recommend bookmarking this page for future reference. Every important tool I’ve come across and used regularly to develop my online income is on this page.

Required Reading – Here are some of my most highly recommended books ever, for financial success, personal philosophy, and good ol’ pleasure reading. It’s really hard to not keep adding books, so I narrowed it down to my absolute favorites.

Inspiration – This is a list of the top 20 earning blogs online today.

Action Plan – Here is my step-by-step, 100% free, video series on how to make money online, with an intended initial goal of $5,000 / month in passive income.

High Quality Outsourcing – My services website where you can outsource the entire SEO backlinking process through my personal team.

A few things you should know about my blog and newsletter:

·  I will never share your email address with anyone for any reason.

·  You will never get more than three or four emails from me per month.

·  The information in the newsletter cannot be found on my blog.

·  All the information in my newsletter and on my blog is, and always will be, 100% FREE.

Like me on Facebook: Sign up:

Leave a Reply

Your email address will not be published. Required fields are marked *

Share now!