This is something I used to talk about years ago in my online businesses, and I had a revelation of sorts that made me think....This would be a timely post!
Back in the day, a buzzterm in entrepreneurial circles was....Passive Income.
It was like this utopian situation where you could just sit on the beach, drink fancy drinks and watch your bank account grow automatically. You never had to work, was the dream and promise, all you had to do was pay $47 a month to some internet marketing guru and your life was set!
My challenge to this popular framing of online businesses went like this....
Passive income is great. However you need to put in the work and get active before anything 'automatic' happens.
My angle was always, put in the work. Develop and focus on one income stream first, and build that up. Once it's got a solid foundation, the 'passive' starts. And it's actually something I truly believe in even today.
Now sure, there are the stories of instant riches, some kid developing some app and making millions in a week or less. But overall, the people that seem to stick with this stuff and find success, put in the work.
Now I'm going to bring this home right now for the blockchain....
I have earned a ton of $HIVE and $LEO during my time here. And most of it, is from my 'active' efforts.
I write.
I curate.
I develop relationships.
It's hardly the stuff that is pushed in today's AI centric world. Let the machine do all the work!!!!
However I was reminded this past week, on why being active on the blockchain is still a really good investment of your time. If you remember, I was on 'vacation' two weeks ago. And while I was on the road, I made 1 blog post in 7 days. The result of that was pretty much...Zero rewards.
Now flip it to pretty much blogging and curating all of last week and the rewards have shown up once again. Now don't let me fool you, I'm hardly a 'well rewarded' creator on chain. I get some support from the LEO community, which I'm grateful for, but overall, I get a few bucks from a blog post.
But guess what?
My activity meant, actual rewards instead of getting a big fat zero from just a few weeks ago. That's the power of being active here. Which in turn, if I pull out and look at the big picture.....Translates into some pretty cool passive income options. But if you don't have the capital, invest your time and effort here.
The blockchain has rewarded me greatly over the years, and I look forward to staying the course and continuing to create and build my active income streams up here....Which in turn.....Gives me the opportunity to grow some passive ones.
