How to invest time instead of money to earn passive income

If you’re like most people, you know investing is a great way to build wealth. However, most assume that to get richer you have to be rich. But there is another way. It’s what bootstrap entrepreneurs with no seed capital do to get ahead.

Sweat Capital and Sweat Profit

Have you heard of Sweat Equity before? Sweat equity is the contribution we make to a project through our own efforts, as opposed to buying a stock with our money. Sweat equity could also be the value we add to our property, but we’re not talking about that type of sweat equity. I bet you have a lot of that kind of sweat capital, but the problem is that it won’t pay you dividends until you sell your house. Sweat equity investments can not only be lucrative, but also bring significantly higher returns than capital investments. There is a catch though, you only have so much time in a day. This is why it’s so important to focus on things that will not only bring you income now, but will bring you even more in the future.

Sweat equity is effort that adds or produces an asset

Most people think that an asset is only bought. But that is not the case. Here is a list of cash producing assets that can be built with Sweat Equity.

  • Write a book
  • Write a song or an album
  • construction of a product
  • Creating an educational course
  • building a network
  • Building a customer base

All of these things can be built with sweat capital and can pay off long after the work is done.

It is said that the rich get richer and the poor get poorer. I used to believe that when I worked for someone else. That was the second stupidest thing I’ve ever done. The stupidest thing was even applying for the job. When I got access to the financials of the company I worked for, I discovered that smart people get richer. Others are grateful for a pay rise to cover inflation.

It’s time to have a plan B

Employers have shifted from the notion that an employee is a long-term asset to the company, someone who needs nurturing and development, to a new notion that they are available. Before the boss dumps you, you need to find a way out of the relationship.

Don’t fool yourself into thinking that the boss loves you very much for what you do or that the company plans to keep you comfortable forever. Nowadays, that only happens to horses that have given their best. You are where you are because you are a money machine. The only problem is that you don’t make any money for yourself.

Building a network and customer base

We’re not the best-selling authors, musicians, product inventors, or educational thought leaders. All of these ways to use sweat to build equity require a talent. We don’t need any special talents though, as all you need to do to start your investment in building equity is build a network.

Anyone can build a network.

In fact, everyone already has a network. They simply don’t have a vehicle to turn this network into a money-making asset. If you want to learn how ordinary people like you are using the power of networking to free up time, earn passive income and create your own schedule.