When I started my trading journey, my objective was to achieve financial freedom. My approach has always been to aim for 20-30% returns per year. This is a pretty amazing return by any standards and I still remain confident that my approach can make these returns, but in order for these returns to deliver an amount I can live on, I would need an account North of 200k – this was the problem…..
I started researching alternative ways of making money. My expertise lies in technology, numbers and patterns and so I naturally gravitated toward exploring online opportunities. I also came across a phrase that intrigued me – passive income
Wikipedia define passive income as “an income received on a regular basis, with little effort required to maintain it.”
For most of us passive income means dividend payments and rental income but for some it means something totally differant and potentially infinitely more lucratrive. I started finding out everything I could about passive income. I found website after website (after website) discussing this topic.
Some of these website were making outrageous income claims! Claims like “How I made £13,546,677 in my sleep and how you can too”. Now guys, if you’ve read any of the AtticManTrader website, you’ll realise that I am no mug, infact I get severely pissed with snake-oil salesmen! But, I was sure there was some substance to some of the claims – So I dug deeper.
These guys talked about making money online using a whole plethora of techniques, systems and methodologies. As my understanding of this market evolved, I wondered if it would be possible to create a system of my own that could be used to generate an online passive income stream.
It then dawned on me that one of the successes around AtticManTrader was in the honesty and transparency with which I tell my trading story. If I could bring this approach to my new venture I would have an interesting an valuable proposition.
MoneyMakingMuses.Com was born. Together with my business partner Aled Davies, we built MoneyMakingMuses.Com – creating a passive income online 1 click at a time. The website will chart our journey as we develop an online passive income stream. We will be totally transparent in our approach (which focuses on finding keyword niches where there is imbalance between the demand for those keywords and the supply of content into those niches and then creating websites that fill those niches).
If you like the approach that I take with this website (total transparency), then please head on over to MoneyMakingMuses.Com, where we are taking the same approach to developing an online business. We are close to launching our first website (Which is in the Diet and Nutrition category) and we will be sharing EXACTLY how we not only decided on the niche, but also the steps we’ve undertaken so far in order to have the BEST chance of success.
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