tag:blogger.com,1999:blog-15073283799145107842012-06-13T09:25:19.625-07:00Living Off the Internet (Living On It)True stories of a self-employed professional who works from his living room on the internet.Tough Customerhttp://www.blogger.com/profile/16475922495991584291noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1507328379914510784.post-35310557132860455222012-06-12T16:57:00.002-07:002012-06-12T16:57:17.222-07:00Agencies: A great way to earn a passive income after putting in some hard work<div dir="ltr" style="text-align: left;" trbidi="on">Hello World! I remember typing out this greeting over two decades ago when I decided one summer to do a short course in HTML. Not that I remember anything about HTML tags or ever really use it in my daily life. But that was the beginning of my career online as an internet professional or a business person on the world wide web.<br /><br />About one year ago I decided I finally had enough of the office cubicle easy-chair lifestyle. I wanted to do something for myself. An intern who had once worked under me told me that he used to freelance on the internet. Years later, I put it all together so that I was confident I could match my current paycheck by working out of my living room. But my initial struggle to climb uphill in the competitive world of freelancing is another story for another day.<br /><br />Today, I have <a href="https://www.odesk.com/companies/QUTBULL-HODA-BUSINESS-SOLUTIONS_~~b36f5054958f0170" target="_blank">my own agency</a> for freelance workers and I put my own two feet in the choicest projects - mostly <a href="http://www.slideshare.net/tuahashakircma/damps-business-plans" target="_blank">business plans for internet start-ups</a>. On the side, my agency workers are busy with their own contracts through my agency and earn me something of a passive income, since all the payments for their work come through my agency and I keep a percentage of the proceeds. All I do is facilitate the matchmaking and the initial training and development.<br /><br />It's quite easy setting up your own agency. Simply find your way to one of the freelancing sites through the site links and banners on <a href="http://www.qutbull-hoda.com/" target="_blank">my website</a>. You will be able to build an online team and recruit a world of talent as an employer on these sites.<br /><br />Setting up an account will require you to provide your name and payment details so you can pay your contractors. Once you set up your firm, you can hire freelancers and try to secure bids. You will need to be an excellent negotiator and sales person as well as a talented recruiter to pull this off since the competition is quite stiff. However, agencies always have an upper edge since they have a pool of resources that can do the work.<br /><br />Beware there is a steep learning curve, particularly if you do not have much experience managing people or driving sales. The rewards too are quite reasonable. Over time, a smooth functioning agency requires little more than a few hours of administration in the week (and this too can be easily outsourced) while it can earn a revenue stream of thousands of dollars in the month if there are a lot of projects being worked on.</div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1507328379914510784-3531055713286045522?l=iliveoffthenet.blogspot.com' alt='' /></div>Tough Customerhttp://www.blogger.com/profile/16475922495991584291noreply@blogger.com0