Tuesday, 19 February 2008

Web Entrepreneur Blog

I thought I'd start a separate topic called "Web Entrepreneur" to cover all the things related directly to this line of business. This is the topic to follow if you're interested in making money online.

Let's clarify one thing: I make good money from the web (and it's getting better all the time) but I'm no Sergey Brin or Larry Page. Although I fantasize about building a multi-billion dollar online empire, it's more likely that my estate will be worth less than a single billion. For me it's more about building a decent passive income that will give me a great lifestyle and eventually be passed on to my kids. So far it's gone swimmingly — I pulled back from full-time work in 2000 and left my last part-time job in 2007. I doubt whether I'll ever have a real job again.

I'm 41. It took me almost 10 years to build my online income to the point where I could eschew employment, but a lot of that was spent making wasteful and time-consuming mistakes. One thing that helped keep me on the right path was reading other people's stories and benefitting from their experience. By maintaining this blog I hope to give something back and maybe help you decide which things will work for you and which things to avoid.

BTW I hate the term "Web Entrepreneur" because it's such a nasty cliché. Why did I use this term? Well, that could be the subject of an upcoming post. Stay tuned.

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