‘Can You Remove Yourself From Your Online Business?’ by John Chow
Chow says, “And even if you could, do you want to?
Before we dive into this question, let’s go back in time. Let’s go all the way back to 2006 when John discussed the notion of trading hours for dollars. By far the most conventional way to make money is with a traditional job. You go into work, you put in your hours and, in exchange, your employers pays you. In effect, you’ve traded hours of your life for a certain number of dollars.
And while this is by far the most common way for most people to make money, it is an inherently flawed model. Aside from the issues related to income tax, the biggest problem here is that you can only earn your dollars while you’re trading in your hours. There are only so many hours in the day and I can’t imagine you want to trade all 24 of them every day. That just doesn’t make sense“.
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