Passive Income

 

Passive Income is the idea that you deploy time and/or money and receive income with no further work.

You have to do something to generate passive income upfront, but then you can rely on that income into the future.

 

Passive Income model …

Do the most of the work upfront, for nothing (no returns).

Once finished, your work has the potential to keep earning you money, into the future, with minimum, or no work..

 

Passive income is how the rich continue to build wealth.

When you don’t have money, you can leverage your time and effort to create income streams that will grow into the future.

As you accumulate money, you can deploy that money (and even combine it with your time) to generate more and more passive income.

 

Passive Income

… it takes Time or Money.

 

Food for thought …

As a full-time employee, your income is considered 100% Active Income.

Financial Freedom is achieved when your income (Active Income) shifts to 100% Passive Income !