Subscribe to unrev
Did you get here on your own?

Creating Passive Recurring Income Streams by Delving into What you Love

Slowly but surely since I graduated from college a number of years ago, I have been brewing a recipe for creating passive recurring income streams by delving into what I love.

What I love is learning foreign languages. Among other things, of course.

So what I do is learn foreign languages online, research methods and resources that save me time and energy (and often money), write about my experiences and keep on keeping on. With a steadily increasing flow of money coming in every month, naturally.

Are you interested in something so much that you would sit around on the Internet doing it all day? If so, whatever that is, it's your passion.

Make that passion make money for you. Follow along here over the coming months (hey, I have a busy life sailing around the world) and you'll not only see me create enough money to keep me cruising, you'll also learn how to do it yourself. At home. Without a credit card. But you need a bank account - to accept the cash flow!

Hey - if you had an interest (like learning foreign languages) and turned it into enough digital numbers appearing on a recurring basis in your bank account that you can go to an ATM anywhere in the world and take out the cash (for, supplies, repairs, etc) and keep on riding the global wave, well, I believe you'd keep it flowing.

Not to drop hints too early, but cash in with passion, friend.

Initial Disciplines for Making Money While Learning Mandarin Chinese Online

ChinesePod Logo

Been thinking a lot again about how to make all this language-learning stuff make real money online. It already is making real money, but more could be accomplished with greater cash flow.

What I do currently is make money (through affiliates) helping people find (mostly free) language learning resources online. I'd like to extend that to helping people learn how to use the Web to learn languages - what tools and sites to leverage, what resources are best for individual languages, the real deal on learning for free and paying for products, etc.

The best way is to get into the fray myself! So I have laid out some disciplines to accomplish this week (all done a week from today - why wait?). By posting them here, I am committing to these things for myself and for the readers. If I don't work hard on making this sailing scallywag life last, it'll become less and less feasable and the work will never evolve into what I envision (and beyond).

Here are the steps I am going to do this week to put myself into the fray with learning Mandarin Chinese and get deep into what the people I am researching and documenting for experience themselves.

. sign up for a premium account at ChinesePod
. use Free Language to do a roundup of the best resources on the Web for learning Mandarin Chinese
. create a screencast guiding learners through these sites, highlighting the most useful stuff, and post this on YouTube, Free Language and Freestyle Language
. choose a social language learning network (or two) and have language exchanges with two Chinese people
. dig into Second Life materials for learning in the virtual world just to see what it's all about
. start blogging in Mandarin Chinese (yes! see it soon on Freestyle Language)

FYI: My experience with Mandarin Chinese ranges from classes at university to traveling in the south of China in 2001 and living in Beijing in 2005. I have since used the Pimsleur Method on and off, as well as numerous books and the Chinese in a Flash system.

I'll be back around soon...

Oh yeah, the money all comes in through generating more traffic to my websites. These Web Sites inform people about useful stuff for free, like learning languages and making money online.

Mind Dump on the Fly or the unrEv olves

Dumping my mind into gedit is about all I can do right now. There is a flow moving through my head - ideas about making the Web Entelechy tighter and thoughts on models for making money on the Worldwide Web.

It all revolves around building and maintaining a personal flow of information to establish credibility in a niche and mounting a Web 2.0 type of project to incorporate Web aspects of language learning in a unique way. I'd like to do both - which would mean Free Language and Babel Kebab, or something of the sort. The issue I am working with is time...

But what do I really want to do with time?

In my present situation, time can be spent sitting and working online or sailing and learning languages. A vast simplification, and variations can occur within, but it's a fact given my sailboat size (can't fit a big satellite Tech Bubble on top of the mast) and current income vs liability ratio (debts to pay that are getting paid so no flash! with satellite hookups on board - yet).

How am I going to make more of what I want happen?

Application of the 80/20 Rule begins right now!

Of course, that would mean I would need to stop spilling my guts and get to work blogging on Free Language, incorporating the affiliate links more smoothly, beefing out resource sections for each of the languages, etc. I will get around to doing this, but right now, I need to work some things out in my head.

See... this is not just some dude blogging here. It is my heart and soul effort to make a totally free, global lifestyle a reality for myself and for others.

Hence why I ponder on building a solid reputation through content and resource creation online, and entertain building a new type of Web 2.0 language-learning website, one that pays everyone on all sides of the equation - learners included. Both are ways to make this a reality myself while also showing and allowing you to do it, too. You who bother to continue reading or just happen to fall on a nice tidbit on your first visit and decide to subscribe to the feed.

See that's how it flows these days. These feeds are like our most up-to-date take on what's going on in our niches. I have an overload of feeds on Free Language and don't know what to do to keep it all going alone. So many feeds for so many languages... the thought starts to emerge to get individuals to maintain languages and share the revenue. And this will happen, in due time!

Flowing with time here, it's obvious that the more money you can pull out of the least amount of time is key. Even better is to break the link therein. The online work I do is not a traditional trade of time for money, like a Normal Job. It is an investment of time right now for a steady, recurring payout for the "forseeable future" (oxymoron?). The more you understand your industry (niche) and the better you implement affiliate programs without selling out, the more cash flow and "expert" status you build. It helps to be passionate about the topics of your web resources - it'll keep you locked in long hours when the time in needed. That's why I chose foreign languages.

So what I have decided to do is start opening up to the world. I figure I'm just a dude living a different lifestyle. I have learned a few things along the way, but the best is yet to come. The best of how to sail around the world and actually make money online at the same time, how to learn foreign languages using the Web and other resources at your disposal, what the scoop is on the shamanic medicine called Ayahuasca, what it's like to live a life completely out of the 9-to-5 daily world of any country. This is my ideal unrev. Yours will be unique. And since I was cheeky enough to coin the term and start using it, I figure it's time to make it do what it does and that is create free individuals who thrive on their passions.

Welcome along for a ride. Did you get here on your own?

Syndicate content