Have you ever considered farming out your passive income work to freelancers?
(For example, having them write affiliate marketing articles.)
The idea is pretty appealing, because it's much more scalable than solo work.
After a small initial investment on articles and graphics and web design, I start earning, and can commission more people to do the same, and then earn more.
Thoughts? What are some examples of this way of doing things?
kind of, I used to send like 100 emails a day to SEO, web design, etc. companies offering my web content writing services for $20 an article and then getting women on WAHM and other (English-speaking) work from home style sites to do the work for $8 an article. It profited okay, but so much fucking work involved. Dealing with freelancers is a full time job and not at all "passive". You simply can't trust them, as they have no stake in your success. You will find it is more work to manage freelancers than it is worth. Every time.
Sounds like a good deal.
But I intend to keep my articles to myself, on my own website, and earn advertising or affiliate revenue directly.
The idea is that the freelancers sell something for a once-off profit that I will rent out for a long time and for a much higher profit.
But then that means less money for the employees, who can go out and do the job themselves as opposed to working for you.
Who the fuck wants less money?