SHIFTING GEARS TO PASSIVE INCOME

I’ve been following Steve Pavlina on personal development since 2010, and many of his thoughts and thinking resonates with me, and his latest series is on passive income – what it is, how to to create it etc. That sparked me to stop and go deeper in depth about what I’m doing now and where I’m going.

I’ve decided to make the shift towards passive income. That means that I shift gears to focus on building systems that deliver value automatically to people, and it’d be a recognized social value with returns. Why do this is because I want to be able to serve more and more people doing or building a system one time, that will serve people for a long time, and earning me passive income – that simply makes more sense to me in every sense of the word, be it physically, financially, everything.

Going deeper, honestly, I don’t want to have to do grunt work each day in order to ensure that our income levels don’t drop, which is purely active income. I’d like our incomes to keep growing and flowing even though we’re not actively working. I’ve three main projects that I’m working on at this point in time:

  • Urbanrehab Pte Ltd – our Singapore based brick and mortar business providing physiotherapy and hand therapy solutions. Started in 2008 as a small one-man-operation, today we run a clinic in central business district of Singapore with a 3 person workload. Profit level has grown by leaps and bounds, but primarily active income.

Goal: conversion of active to passive income over the next 12 months.

  • NigelChua.com – this website that you’re reading right now is a website dedicated to personal development and self growth, mainly for conscious and courageous living. It started in 2009, has seen some changes from self-hosted from BlueHost to Site Build It! and back to self-hosted with BlueHost again, where it’d stay for good. Has affiliate links and products but no income yet.

Goal: create more great value articles, drive traffic and tweak along the way.

  • XtendHealthAsia.com – a health supplement review website where I review health supplements (some are what I take personally, some are based on reviews) and give raw/honest opinion on what is good or not good for consumption based on user reviews, manufacturer correspondence and medical/scientific research driven, to help people get better health. Has affiliate links and products but no income yet.

Goal: create more great value articles, drive traffic and tweak along the way.

Generally, Urbanrehab is the main and biggest income earner, so I will continue to build it up and convert more active income to passive income. I will likely sell off the business in 3-5 years time once it grows to 5 or more clinics, and I’d like to focus my other publishing businesses.

What about you? What is your plans? Are you working now? Passive or active income? Share your story here.

For those looking for an additional source of income, I used Site Build It! to build Urban-Rehab.org and that website has grown for us about $20,400.00 so far in the past 12 months, selling physiotherapy and hand therapy services. I built the website once, and enquiries are still coming in – if you have a business that can do with extra help marketing your services, I’ll urge you to consider Site Build It!

You can read my Site Build It! review here, or see my personal SBI Walkthrough here. Or if you want to make some money selling other people’s products or services (you call that affiliate marketing, you can do that too like what I’m doing with NigelChua.com and XtendHealthAsia.com).

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About NigelChua.com
www.nigelchua.com

JOIN ME IN INTUITIVE, LOVING, GENTLE AND GOOD SUCCESS AND SELF MASTERY THAT ACTUALLY MATTER. NO HYPE. NO BULLSHIT.

Hang around here for some time, you’d see that I don’t well with hype or bullshit. I can smell that typically a mile away, and I hate that shit too.

I’ve been working on myself and on NigelChua.com for years, since 2006, and only in late 2019, I started to focus on intuitive and loving leadership, entreprenership and personal development.

Here are some areas that I work on a consistent, ongoing basis.

Back To Home / Main Page

See the Tools & Resources I use to improve my life, businesses, health, build passive income and more.

The core topics I cover in NigelChua.com is:

  1. Eternal life and salvation: Jesus Christ is the Way, the Truth & the Life
  2. Fix your health: get healthier, live longer, run faster, more energy, fuck more
  3. Passive Income Lifestyle: Become financially secure by building assets that provides multiple streams of passive income that’s more than your living expenses
  4. Personal Loving Relationships: Attract, build and grow relationships you love
  5. Philanthropy: giving to the poor and needy
  6. Philosophy: Conscious, purposeful and positive living
  7. Productivity: How to become more efficient and productive in important things. Mastering them causes you take less them whilst increasing productivity.
  8. Insure yourself and your loved ones (Health insurance is important)
  9. Add-on Adventures: Become rich and wealthy
  10. Add-on Adventures: Build businesses that add positive value to your society and life
  11. Success Principles

Take action TODAY: One year from today, you’ll be one year older. What would you have done by then?

Where To Next?


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