New Year's Resolution – Passive Income

January 27th, 2009

The term passive income is something I’ve noticed around the freelance and design blogs websites for a while now. It’s a way of earning money from something that can be created, and once it exists income (hopefully) can trickle in from either subscriptions of customer purchases – this obviously depends on what the product / service is.

2009 is the year that I kick off my passive income project, and the product? T-Shirts!

I’ve wanted to print custom T-Shirts for ages, I designed a couple for a club night I promoted a couple of years ago and they were really cool – in my opinion. I got another T-Shirt that I designed printed up for a Christmas present and that went down really well with everyone that saw it – I was really quite proud at how well it came out.

Because I can design and build websites, the online method of selling the T-Shirts will only cost my time to initially set up and hopefully not too much time to run – hence the passive part.

Yesterday I purchased the domain name and hosting for Worm Sign T-Shirts and I’ve so far designed 3 of the 12′ish designs I’m hoping to launch with. At the moment I’m not putting too much pressure on myself to get it done because I’m really enjoying the fruits of my labour, I have a deadline in my head and it’s realistic – but I’m not going to stress over making it, because ultimately I want this to be a fun project as well as a serious money making machine – can it be both of those things? We’ll see.

I’ll definitely be adding more posts about this project on this blog, including a few designs as they get finished and progress on the website as a kind of case study.

Tags: Design, passive income, shop, tshirt, worm sign