As I mentioned earlier, Steve Pavlina is writing a series of blog posts teaching people how to create streams of passive income, and I am following along. In his recent post he emphasized the importance of committing fully to the goal of creating passive income.
One of his suggestions was to post your goal where you can see it every day. My goal is:
I am now successfully creating a new stream of passive income by September 30, 2012, that generates at least $300 per month on average and endures for a minimum of 10 years, and I’m doing this in a way that delivers strong value for many others around the world.
I just copied Steve’s goal — I liked the wording — but changed the dollar amount. His goal is $2,000 per month. I picked $300 per month. I chose that number because I’m currently earning about $30 a month in passive income from the Google ads I stuck on my BrickBreaker site. I figure 10 times my previous best is a worthwhile goal.
I printed out my goal and left it on my desk next to where my coffee mug goes. That’s guaranteed to get my attention every day.
I’m also posting the goal here on my blog to solidify my commitment a bit more.