Passive Income Is a Lie — Build Passion Income Instead
All businesses require work, but you can decide what kind of work and when to do it.
There is no such thing as passive income because there’s no such thing as a passive business. All income comes from some form of work, the difference is simply when you put in the bulk of that effort — before, during, or after the income.
Unless the “passive income” comes from a truly passive investment source like stocks or bonds. But even then, it takes time and accumulated knowledge to choose the right investments to make, not to mention the work required to earn the capital used to invest.
Some people think of property investment as passive income, but have you ever heard a property that requires no maintenance and finds its own tenants?
You can work up-front as an investment into your business (passive income), or you can do the work as it comes in exchange for a paycheck (active income), but no matter what, you have to do the work.
“If passive income is a weighted ball, a traditional job is a weighted cube. Cubes cannot build momentum. You stop pushing, it stops moving.”
— Megan Holstein
