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	<title>Domains for Sale &#187; income</title>
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		<title>Simple Manifesto #65: Automate your income</title>
		<link>http://www.cmgparking.com/2010/06/30/simple-manifesto-65-automate-your-income/</link>
		<comments>http://www.cmgparking.com/2010/06/30/simple-manifesto-65-automate-your-income/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 20:17:22 +0000</pubDate>
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				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Automate]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[Manifesto]]></category>
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		<guid isPermaLink="false">http://www.cmgparking.com/2010/06/30/simple-manifesto-65-automate-your-income/</guid>
		<description><![CDATA[This is part of our series on Leo Babauta&#8217;s Simple Living Manifesto. We invite you to join us on the journey. The 64th idea in the manifesto is: Strive to automate your income. This isn’t the easiest task, but it can (and has) been done. I’ve been working towards it myself. Article here. Gibson guitars [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.welivesimply.info/living/72-blog-posts-on-the-simple-living-manifesto/"><img src="http://www.welivesimply.info/wp-content/uploads/simplemanifesto-full1.png" alt="simplemanifesto" title="simplemanifesto" width="500" height="114" class="alignnone size-full wp-image-388" /></a></p>
<p><em>This is part of our series on Leo Babauta&#8217;s Simple Living Manifesto. <a href="http://www.welivesimply.info/living/72-blog-posts-on-the-simple-living-manifesto/">We invite you to join us on the journey.</a></em></p>
<p>The 64th idea in the manifesto is:</p>
<p><strong>Strive to automate your income. This isn’t the easiest task, but it can (and has) been done. I’ve been working towards it myself. <a href="http://zenhabits.net/automate-your-income-to-simplify-your-life/">Article here</a>.</strong></p>
<div class="wp-caption alignnone" style="width: 510px"><a href="http://www.flickr.com/photos/jdblundell/2336069670/" class="tt-flickr tt-flickr-Medium" title="Bingings drying"><img class="alignnone" src="http://farm3.static.flickr.com/2097/2336069670_0c18e7a6c7.jpg" alt="Bingings drying" width="500" height="333" /></a>
<p class="wp-caption-text">Gibson guitars on the assembly line (bindings drying) | Photo by Jonathan Blundell</p>
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<p><strong>Automate my income? Yes please!</strong></p>
<p>It&#8217;s a simple business principal &#8212; automate your process so you can spend less time working and more time enjoying life.</p>
<p>Yet so many of us are tied to a 40-hour work week, working for others, where we&#8217;re required to be in our office 8 hours a day for 3-4 hours of productive work.</p>
<p>Meetings, interruptions and sometimes seemingly pointless busy work may take up the rest of the day.</p>
<p>I would love to be at a place where I felt comfortable leaving all that behind &#8212; especially with the twins on the way &#8212; but I&#8217;m no where near that yet.</p>
<p>I&#8217;ve automated a few things but they&#8217;re no where near paying the bills yet.</p>
<ul>
<li>Between my two blogs I bring in $5-$10 a month with affiliate ads or other advertising. </li>
<li>Web hosting for a few clients brings in $50 a month.</li>
<li><a href="http://www.stpetersbrewery.info">My novel</a> is still selling a couple copies a month, so $5-10 a month.</li>
<li>And I do freelance work on the side, which brings in an average of $50 or so a month (its usually just minimal updates for sites already built).</li>
</ul>
<p>Add it all up and on average, I may bring in $150 for my various side projects. That&#8217;s better than nothing &#8212; and more than I was doing a few years ago &#8212; but to be totally honest I spend 5 hours or so a week writing blog posts or doing freelance work, so right now it all averages out to around $7.50 an hour.</p>
<p>And for me, the key has been to diversify and keep the work from overwhelming me along the way.</p>
<p>I don&#8217;t want my blogging or freelance work to steal time away from <a href="http://www.welivesimply.info/living/the-simple-manifesto-1/">the things that really matter to me</a>. I also don&#8217;t want either of them to become a burden where they&#8217;re no longer enjoyable.</p>
<p>But it&#8217;s an ongoing process and I&#8217;m always making improvements.</p>
<p>A year ago, I didn&#8217;t have any income from the novel or the web hosting. Now they&#8217;re a decent percentage of what I&#8217;m bringing in each month.</p>
<p><strong>And it&#8217;s automatic income.</strong></p>
<p>The hard work is completed. Other than a little maintenance here or there, I don&#8217;t have to spend time worrying about it or working on it. The work is done and now the money comes in as automatic income.</p>
<p>Of course these aren&#8217;t the only ways to automate your income. </p>
<p>Find your passion and something that excites you and then create a product or service around it. Some may succeed, some may fail. And some may fall somewhere in between. But you&#8217;ll never know until you get out there and try.</p>
<p><strong>Get out there and do what you enjoy&#8230; and live life.</strong></p>
<p>The world is changing and the Internet makes so many more things possible &#8212; like self-publishing a novel or e-book, or <a href="https://www.npr.org/templates/story/story.php?storyId=125783271">selling 100,000 copies of your songs online</a> (without a record label middle-man taking a massive cut).</p>
<p>And of course it doesn&#8217;t hurt if you&#8217;ve already simplified and realize you don&#8217;t need millions of dollars to make yourself happy.</p>
<blockquote><p>What does it mean to &#8216;need a (record) label&#8217;? We&#8217;re making a living. We&#8217;ve got a sustainable business. We&#8217;re growing every year, as a good business should. We&#8217;re happy. We don&#8217;t have to do things that we don&#8217;t want to do. We don&#8217;t have to please people that we don&#8217;t want to please. We get to make the music that we love. Yeah we&#8217;re not on the front of Rolling Stone Magazine and we&#8217;re not getting $10 million checks in the mail but we don&#8217;t need that to have a nice life. &#8211; <a href="https://www.npr.org/templates/story/story.php?storyId=125783271">Jack Conte</a></p>
</blockquote>
<p>And Everett Bogue writes:</p>
<blockquote><p>The longer I’m free from the system, the day job, the mundane trek from the train to the city to the desk, and back again, the more I realize that wasn’t very necessary in the first place. </p>
<p>We’ve been trained by the system, society, the employers, to believe we need to make more money than we do. </p>
<p>They tell us to do this so we can buy more than we need. </p>
<p>When you opt for a minimalist life, you suddenly don’t need to be making 70k a year anymore. </p>
<p>You can be fine doing two hours of important work a day, if you choose to do work that matters.</p>
</blockquote>
<p><strong>So the avenues are there. The opportunities are there. It&#8217;s just a matter of stepping up and doing.</strong></p>
<p><em>If you want to read more and get some great tips from someone who&#8217;s actually built a minimalist business with automatic income, be sure and check out Everett Bogues book, <a href="https://www.e-junkie.com/ecom/gb.php?ii=707686&#038;c=ib&#038;aff=33760&#038;cl=91858">Minimalist Business</a>. And yes, purchasing the book through WeLiveSimply not only support&#8217;s Everett&#8217;s writing, but mine as well.</em></p>
<h3>Join us!</h3>
<p>Write a blog post about the point above and then share the link in the comments below…</p>
<hr />
<p><a href="http://www.welivesimply.info/living/simple-manifesto-65-automate-your-income/">Simple Manifesto #65: Automate your income</a>
</p>
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