Less Work and More Money is Possible

The key, says About Entrepreneurs Guide Scott Allen, is developing passive income, income that doesn't require your direct involvement. Because as long as you're directly involved in doing the work that generates the income, there's always going to be a limit to how much you can earn, and it can only increase very slowly.

In this article Scott explains two basic types of passive income, and a third type of income that, while technically not passive, is a key strategy for earning more and working less.

Related: Turn Your Services into a Product - C.J. Hayden on how professionals can earn more money.