Cash-flow muses
jlees: I'm glad to read that people have actually set up decent, wholesome businesses that fulfil the criteria of cash-flow muses. My reaction when reading the book and even now is just to think 'set up one of those dodgy affiliate sites, ebook sites or drop shipping resellers', none of these being something I ever want to do.The idea of spending a month making something and then the rest of your time reaping in the profits with low overhead is a great one. Not only does it give you the freedom to work on a startup (or whatever) without worrying about rent, but I'd warrant it gives you a fair bit of credibility too - and a possible exit, even; cf. the recent post about Mingle^2 which took 66.5 hours to build and which got sold to a competitor.Edit Actually, I kind of have a cash-flow muse of my own. I helped build up a gaming blog to the point where it pays significant money to writers, and am retained as a columnist there, contributing about 1 hour's worth of work every Saturday. Without going into too much of the gritty detail, if I doubled that to 8 hours of work a month, I'd about cover my rent. However, there's a catch; as my startup's become more exciting, I've had no time to play the game I blog about, and have stopped writing. I can imagine this working a wee bit better if I was writing a column a week for TechCrunch or something similarly in line with the 'day-job', though.