Comments on: Trading Hours For Dollars

By: Jim Stroud 2.0 » Blog Archive » Reasons why you should not work for money

Sat, 30 Dec 2006 16:38:03 +0000

[...] John Chow lays out a compelling argument on why one should not work for money (but barter instead). In a nutshell… Taxes “If you trade hours for dollars, congratulations! You are the government’s biggest income source!” More Taxes “While a company can write off pretty much anything that is used in the course of their business, you have to use after tax dollars to get to work, eat your lunch, buy cloths, fill the gas tank, etc.” No Passive Income “Trading hours for dollar creates no residual or passive income – if you’re not trading, you’re not making any money. “ Only So Many Hours In A Day “It doesn’t matter how many dollars you trade your hours for, you are limited to 24 hours just like everyone else. And it’s really hard to trade hours for dollars 24 hours a day. That puts a cap on your income.” VERY INTERESTING VIEWPOINT!!! (But I still say, show me the money…) READ: Trading Hours For Dollars Do it now! Click here to subscribe to JimStroud 2.0. [...]

By: Can you be inspired by a Dot Com Mogul? » Knowledge comes from an inspiration - bit by bit at a time - inspirationbit.com

Mon, 25 Dec 2006 19:48:17 +0000

[...] Trading Hours For Dollars [...]

By: Passive Income Explained… Again. » SteveHealy.net

Passive Income Explained… Again. » SteveHealy.net — Thu, 02 Nov 2006 18:21:11 +0000

[...] After reading the comments over at John Chow’s Trading Hours for Dollars I’ve come to realize that many people simply did not understand him or were just too plain negative to even give it a chance, so I’d like to try and offer some suggestions to help explain some of the ideas behind passive income and how it is most definitely possible, and lastly, how it is FAR superior to a job. [...]

By: Gdog

Gdog — Thu, 02 Nov 2006 15:56:38 +0000

Invest in real estate and earn some big bucks!!!

By: Making Money With A Blog - October Recap « John Chow dot Com

Making Money With A Blog - October Recap « John Chow dot Com — Thu, 02 Nov 2006 11:57:50 +0000

[...] Success is an attitude. Someone with a loser’s attitude will never be able to do this because they’ll come up with a thousand excuses on why it won’t work. I have come across tons of these people. Many of them wrote some not-so-nice comments in my Trading Hours For Dollars post. If you want to be successful on the Internet, or anywhere else in life, you cannot have a loser’s attitude. It’s been said that from birth to age 18, you have heard the words “No you can’t” 185,000 times and “Yes you can” only 2,000 times. Therefore, it’s natural for most people to be negative about new ideas. Even if they were positive about the idea, they set themselves up for failure by thinking, “I’ll give it a try but it probably won’t work.” With that kind of thinking, it won’t work. [...]

By: John Chow

John Chow — Thu, 26 Oct 2006 05:14:03 +0000

Moron - Actually, I’m the employer.

By: Moron

Moron — Thu, 26 Oct 2006 02:34:12 +0000

Christ, you’re such a moron. You’re doing tons of employers favors by not working for them.

By: John S

John S — Thu, 05 Oct 2006 15:33:26 +0000

It isnt easy being an entreperuer. Most enterprenuers have to work far more then 40 hours a week to be succesful. Most businesses fail and that is just the way the system is meant to work. Not everyone can be rich. For every rich person there has to be at least 50 poor people (if not more) and for every entrepernuer there has to be 20 employees.

Many entrepeuers work 80 hour weeks for years before the ever turn a profit.

By: The Information Bank

The Information Bank — Tue, 03 Oct 2006 18:04:45 +0000

i never thought of a job that way. i really like your point about having your income capped because there are 24 hours in a day.

By: Tatiana

Tatiana — Mon, 02 Oct 2006 04:40:32 +0000

Thanks John for the insights - CORRECT
as they could be, and thanks David for
the reminder of the M.O.N.E.Y.T.R.E.E.

As for the people that felt offended by
what John wrote - he is not your enemy,
but by thinking the way you do - you are
your own enemy…Learn and Take Responsibility
for everything in your life…only so you’ll
be able to make as change, or to start a change
in your life’s circumstances.

There are plenty of positive posts that
I agree with here, and what Dex posted
is also the other side of the same coin
- it all depends what your priorities are…