The Internet Dream – Making Money While You Sleep

Isn’t it every entrepreneur’s dream that they create a really successful business that makes money literally while they sleep? I know when I was considering starting a new online business and came up with the idea of Skimp that one of the attractions was that it was an automated service (at least from my perspective) that could operate 24/7 without me needing to personally be hands on with each sale.

Of course I am some way off living the “Internet dream” at this stage, but it is nice when I wake up in the morning and see that a few orders have come through overnight while I have been asleep!

Despite this, I’m very aware that sales never happen by themselves. They are always the result of the work we are constantly doing to make it easier for people to buy using our service and we have found that customers whom we personally make contact with after their quote request (via phone or email) are more likely to convert into a order. This is something I’d like to collect more data on as we go but anecdotally it does seem to be making a difference at this point.

Is anyone reading this who has been successful in making money while you sleep? How have you done it and how long did it take to get to that point?

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