How to Get Wealthy on the Internet: The 4 Step Process to Generating Passive Income
Hello. It's Tim.
This week, I finished reading American Gods by Neil Gaiman. I can't stop thinking about it.
"America is a bad place to be a God."
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1. How to Get Wealthy on the Internet: The 4 Step Process to Generating Passive Income
This formula will work for you, as long as you follow the process in the right order and with the right intention.
In this article, I will teach you how to get wealthy.
It's a simple process, but that doesn't mean it will be easy. Buckle up.
Let's get started.
2. The Opportunity (and Need) for Innovation in American Healthcare Tech
I came across this graph last week and I have been obsessing about it ever since.
What's so shocking about it is the clear correlation of shrinking costs between industries that embrace technology and rising costs for industries that shun it.
Why does healthcare continue to be so archaic and stupid? Especially considering the buh - buh - billions of dollars that can be made through effective innovation.
I wrote an essay on The Blank Page which I think you should read.
3. Ed Latimore: How to Make Time Work For You
I love this dude.
This week, Ethan and I invited my friend Ed Latimore onto the podcast.
It was a very wide ranging conversation, but Ed gave us some amazing insights and experience that has helped him grow his blog and his brand to INSANE levels.
He's a great person and I loved the chat.
Click here to listen on iTunes and here to listen on Spotify.
4. Want More Paid Brand Sponsorship Opportunities?
I'm loving Justin Moore's newsletter.
Join 3,791 creators and get weekly updates on paid brand deals & sponsorships (plus dumb memes only influencers understand). Subscribe for free: https://sparklp.co/prtn/0b383d
5. The Solution to Fight Inflation
April 12th 2022
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This girl gets it!
If you only do one thing on the internet today, please let it be that you watch this video.
6. How to Instantly Show Your Value
I recently discovered the work and writing of Wes Kao. She is a cofounder of the altMBA, which is a ground breaking cohort and educational series published by Seth Godin.
This article is one of the simplest and most articulate sales copy frameworks I've read.
When I rebuild The Bootstrapper, I will use these methods.
7. Marketing Ethics: Selling Doesn't Have to be Sleezy (5 Real - World Examples)
During any discussion about marketing ethics, I’m always reminded of a comment a former coworker made decades ago: “I’d never date anyone who works in marketing.”
When I inquired about his reasoning, he replied:
“It’s just so sleazy. Choosing that line of work says a lot about a person.”
Since I was young and impressionable, that sentiment stayed with me. So I was naturally conflicted years later when I wanted to learn how to become a freelance writer and discovered copywriting and content marketing.
Marketing isn't sleazy. In fact, good marketing is honest and effective. Read this article to learn the true difference.
8. The Most Valuable Form of Leverage
I truly hope you are beginning to understand how crucial it is to use leverage to your advantage to make money.
I feel very strongly about the concept of combining labor and systems to manufacture the absolute most powerful form of business leverage.
This short video explains a lot.
Bo Shao - The Math Genius
Last week, Tim Ferris interviewed Bo Shao.
I admit, before I listened to the episode, I had no idea who Bo Shao was, but I'm so happy I got to discover him.
This episode was fantastic. Bo is clearly a genius, but in the interview he is so open and vulnerable about the troubles, hardships, and stress that comes with his gift and he speaks so personally about coming to America and the relation to the Chinese culture.
It was amazing. I hope you listen to it.
Final Thought - "Fiction is Good For You"
When I was a kid, all I read was fiction.
The home I grew up in was very small and was built in the 1950's. We had an old gas powered heater with big square metal air ducts. The heater was in the basement and it was directly below my room, which meant the hot air pumped directly through my vent. Each morning, I would wake up very early, sit by the heater and read. I can still smell the air and visualize the tree outside of my bedroom window.
I read mostly Goosebumps, but I also read Mr. Poppers Penguins, Tom Sawyer, The Catcher in the Rye, Shiloh, Hatchet, The Samurais Tale and endless other titles.
These stories made me want to be a writer, and still do.
I'll never forget the feeling I had while reading the last page of Where the Red Fern Grows. It floored me. It was so beautiful.
These stories left a huge impact on me, and I think about them often, even today.
Somewhere along the line I stopped reading so much fiction.
I've turned to history books, business books, self development books and everything in between.
But, I never stopped reading Neil Gaiman, and after finishing American Gods, I am rededicated to reading fiction and allowing my growth to come from my personal perception of stories that other people tell me.
I learned so much from reading American Gods, but mostly, it forced me to ask more questions.
Fiction is good for you. It's good for your brain. What's a story that you love?
Hit reply and let me know.
Talk to you next week.
Tim