Hey Guys,
Damn this is an awesome thread. Passive/Residual income is literally my DREAM.
I always thought if I could Juuuuust make a residual income of 1.5K-3K per month
I would be free to go anywhere in the world and volunteer on as many permaculture
projects as I wanted.
It's a shame that so many of us have to go into debt to get a permaculture education
and attend workshops and apprenticeships. I know I've taken massive financial risks
doing no-pay permaculture internships simply because I want to gain experience...though
I found that's a hard trap to get out of, because you enjoy the work but it pays you nothing.
So here's my residual income background.
-Read the Four Hour Work Week which really got me thinking about the possibility of what was possible.
-Filmed Paul's RMH Dvd kickstarter, which definitely proved that a PERMACULTURE residual income stream was possible.
- I invested some money in rooftop solar 5 years ago which gives me $150 per month for the next 3.5 years.
-Invested in a climate change film (Chasing Ice) that did REALLY well, and it made me realize what I could have earned
if I got residual income from that.
Here's my permaculture income strategy
1. I've currently launched my first of a few online courses, which are products that could generate residual income.
- An online course on travel planning
The Epic Travel Adventure Course
- A Regenerative design course I'm building with Neal Spackman
Sustainable Design Masterclass
2. Create several more online course products over the next several years to reach that threshold, and hire V.A's to manage the marketing of them.
Currently my residual income stream is super low, but I'm inspired by what I'm seeing here!
-Raleigh Latham
www.greenthumbfilm.com