Making Money On Vacation

August 21, 2007

I had a wonderful time off last week. It’s great to spend time away from your business…where you don’t even think about it for a week or more. You come back refreshed and re-energized. If you can’t take time fully away from your business, you don’t own a business. You simply own a JOB…and a poor one at that (good jobs provide paid vacations).

As always, while I was off, money kept coming in. Products were sold. New subscribers were added to my lists.

What I found most interesting though was that my RSS feed subscribers and email subscribers to this blog went up while I was on vacation. Even though I didn’t have any new posts added here over the last week, I came back with more subcribers than when I left. There was less traffic here on the blog while I was off, but I personally care more about the long-term subscriber numbers.

When was the last time you took a complete vacation? This means not answering your cell phone (it wasn’t even turned on all last week), not answering business related email, and not reading any business blogs.

One thing I realized is that I’ve been letting Friday’s slide into work lately. My favorite schedule is working Monday through Thursday with a 3 day weekend every week (except for occasional conferences a few times per year).

Well I started off by answering emails Friday morning…and then I kept giving myself excuses why I should do a little more on Friday. Eventually I started letting work slide into Friday as a work day. BIG MISTAKE! I could tell the difference over the past 2 months as I was getting tired of working on into Fridays and accomplishing less on other days.

So I will reinforce my normal schedule of Monday through Thursday only. This keeps me full of energy and excitement for when I’m working with my clients and on my own businesses.

What schedule works best for you? You might love long weekends like I do…or you might thrive on longer vacations. Maybe you prefer taking off a day every other day. It’s up to you to determine and possibly even experiment with what kind of schedule produces the absolute best results.

It’s so easy to allow yourself to work more, but you’ll quickly find those extra hours are not accomplishing anymore. You’re simply wasting them because you’re not at 100% focus. It’s not a contest to see who can earn the most money the fastest. To me, it’s all about earning more, working less, and having fun doing it.

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4 Responses to “Making Money On Vacation”

  1. Ryan Healy on August 21st, 2007 11:03 am

    Excellent observations, Terry. Like you mention in your first paragraph, I own a job. I’m a copywriter. But I am moving toward owning a business.

    I did not work over the last two weekends, but I still made money, which was pretty cool. That’s never happened to me before. Now that I’ve experienced it, I want to duplicate it. :-)

  2. Terry on August 21st, 2007 1:45 pm

    Hi Ryan,

    A portion of what I do does require manual labor. I do coaching and also copywriting at times. So don’t feel bad.

    It’s addictive though once you find the automatic income streams which I have several. Products qualify…affiliate links…joint ventures…etc. I always try to help anyone in a “service” business establish automatic forms of income in some way in addition to what they’re currently doing.

    You feel so much more free when all your bills and basic income are paid for by automatic income instead of working income.

  3. Rebecca Dean on August 21st, 2007 4:17 pm

    Hi Terry,

    A great reminder! I find myself slipping into a 7-day work week sometimes… the quickest route to burn out.

    Thanks and take care,

    Rebecca

  4. Othmane MEZIAN - Kingdom of Morocco on August 27th, 2007 1:31 pm

    Dear Mr Terry,

    N.B : Sorry, my English is not so good

    Let me thank you for being my fisrt internet marketing expert that made me discover (in early 2001) the most wonderful business ever : “Online Information Marketing” where you make your site work for you instead of working for your site.

    Your sites, newsletter issues and articles were worth gold for me!

    For the post, I rate it 10/10

    Thanks a lot :)

    Othmane MEZIAN - Rabat - Morocco
    Webmaster at :
    http://www.police-caractere.com

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