Do you still dream? Do you think that a Passive Income is just a bad dream for you? You only received a certain small predetermined piece of the cake and you will always stay poor because of that. You can clearly see that that there is not enough for everybody. You believe that money does not grow on trees; that it takes money to make money; that the higher the return, the higher the risk and you must study hard, get a good job, and work hard and you will be successful! It is much too risky to venture out of your comfort zone and you keep on re-affirming these words and therefore it will always be difficult to make money.
What is a Passive Income
What is Passive Income? It is income that is produced not by the constant labour of a person, but by the assets that belongs to that person. This is work that was done long ago and which keeps on generating an income without him doing anything more about it. It is a stream of income that just keeps on coming without further work. You earn a passive income from royalties, franchise fees, employees or agents working for you and recurring income from investments.