Be Your Own Boss

A guide from an entrepreneur to being your own boss.


Dada’s Law on Income

Posted by adam.dada on July 16th, 2008

Chicago, IL
By A.B. Dada

There’s an old adage people are familiar with about getting services from others: “You have 3 options: get it done fast, get it cheap, get it high quality. Pick two.” I have my own law on income that tilts this adage: “You have 3 options to making money: make it fast, make a lot, make it with little work. Pick 2.” I call it Dada’s Law on Income, although I’m sure someone else coined the phrase before me and already gave it a name. Props to those who can find it.

If you want to make money fast and and with little work, you’ll probably make little to no money. You may even eventually lose more than you spend to get it. Not a good solution. The lottery is one of these areas. So are ponzi schemes.

If you want to make a lot of money with little work, it won’t come quickly. Blogging for advertising income is one way you can do little over a long period of time and generally do fairly well.

If you want to make a lot of money and do it quickly, it will take a LOT of work. Go out and get 4 jobs and you’ll see what I mean. Not easy, but it can be done.

So if you asked me how to make money, quickly, and with little work, this is all you needed to know. I even included examples of how to do it. Just pick two!

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