Why Passive Income is a Trap
We live in a world of unprecedented opportunity. Learning a skill and finding a career you enjoy is now easier than ever before.
With the inception of the internet, it is now possible to make money outside of work hours, potentially even while you sleep — what some people may call ‘passive income’.
One definition of passive income is ‘income that is acquired automatically or with minimal labor to earn or maintain’, and is a topic that has increased in popularity considerably over the past decade.
A simple YouTube search of passive income will return thousands upon thousands of videos claiming to help you make passive income ‘easily’.
These videos often come with a thumbnail stating something like my six sources of income, but there is one thing that the majority of these videos neglect to mention:
That selling the passive income dream is the business.
That their ‘passive’ income stream relies on thousands of people believing they can make money with minimal or no effort.
Returning to the above definition, people selling the passive income dream focus considerably more on the ‘income that is acquired automatically’ part rather than the ‘labor’ part.