This month is all about automation, and creating courses is actually a GREAT way to build an online business that sells on auto-pilot. And the thing is, EVERYONE has something to teach.

What is trading time for dollars?

Trading time for dollars is when you're spending your days working and your income is capped at however much you can output. If you work 40 hours, you get X amount for those 40 hours and then you’re capped. So literally, you are trading your time for dollars. 

It’s not realistic to think that everything can be on autopilot or that passive income can be totally passive, but we want to get as close as we can. Once you reach the point of maximizing your passive income, your hour can be worth $1000 vs. $50.

And you’re not just getting paid when you show up. You’re getting paid behind the scenes with your funnels that are constantly selling your content that is living on the internet forever. There’s so much opportunity, but our goal is to get out of the rat race and start being efficient with our time.

Time is your most valuable gift

Time truly is your most valuable gift and this is why I hate hourly pay structures. With all hourly jobs, you show up for your eight hour shift and that’s all you do. You get paid for eight hours no matter how hard you work or how quickly you work. For me, I want to make the most money in the least amount of time. I want to be as efficient and productive as possible, making the biggest impact I can in the least amount of time. Time is so valuable and it’s something you can never get back.

Investing in business is not just with money, but we have to think of the time investment we are putting in. If we’re only focused on trying to build-build-build, and it’s taking up all our time because we’re not being efficient and not looking for the scale potential, that’s the same as trading time for dollars. So, when we’re building an online business, the awesome thing is that we can sell our content or services pretty much on autopilot.

How can we do this?

The scaling potential is HUGE in the online space. One of the reasons  I left the local space was that if I was going to scale, my operating costs would be through the roof. Compare that to an online business where your operating costs can be low and your reach can be huge and impactful. Read More...

EPISODE LINKS

Click here for info about my FREE God-Given Online Biz Masterclass! I will be teaching you how to build an online business that is in alignment with your God-given calling.

If you struggle to find time to be in the Word and pray, you’re not alone! That’s why I created the monthly business Bible study membership. The Set-Apart $7 Entrepreneur Club gives you a bitesize Bible study that you can do in seven minutes a week. Join now!

Check out my free community of faith-based entrepreneurs

Follow Ashley June Co. on Instagram

Subscribe and leave a review on Apple & email me a screenshot at team@wildandradiant.com to get a FREE COFFEE