John Chow spoke today at Third Tuesday in Vancouver
I have to blog about this. I’m sitting on the Skytrain heading back home from Vancouver’s Third Tuesday. John Chow, a blogger who has managed to make a six-figure income from a blog about making money online and random ramblings from his “dot com lifestyle” , took the stage this time. And I’m inspired.
John might not be everyone’s cup of tea. He belongs to a group of people who look for ways to make money from things Web, like social media. If you live in Vancouver, you know that many people want the Web, blogs, and other social media to stay pure, ethical, unbiased… I say these are not mutually exclusive. Plus the Web is big enough for purists and monetizers to get along – or at least stay out of each others way.
John didn’t talk about how to make money blogging, specifically. Instead, he tried to show everyone that in order to have what he calls the “dot com lifestyle” – meaning, making ridiculous amounts of money by doing very little – we need to reprogram our brains. Because according to John, most people are used to working in a way which makes it impossible to make lots of money.
There was a good crowd listening to the Dot Com Mogul, John Chow.
He gave a few examples of people who had made a (really good) living online, threw some hypothetical yet thoughtful numbers (like the impossibility of making a million dollars a year even if you worked full time at $500 an hour). But from all the things he said, the one advice that stood out for me was to avoid trading “time for money.” Once done, income is limited to our available time.
…it is mindboggling… I mean, give me a freakin’ break, a blogger making a half-million dollars a year?! But not really, he has other sources of income – which, as he explained, take just a couple of minutes a day to manage.
Now, I know a few millionaires, but none who is not busting his or her arse off to make it happen. Then you have people like John Chow and Jeremy Schomaker (another millionaire from the “make money from the Web” camp).
What do you think about people who monetize the Web?
Schomaker with his for over $130K - a month worth of Google Adsense
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Hey Jose,
Thanks for the post and thanks for the getting that DVI to VGA adapter. Did Third Tuesday reimburse you for it? If not, send me the bill and I’ll take care of it.
John
Hey John,
It was great hearing from you yesterday. I was very curious to hear from someone who who had made it online, just as many of the people there.
About the adapter, it was no problem at all. I thought I could use it at home, but I can’t, so I’ll return it. Thanks for offering.
I’ll see you around, I’m sure.