Passive Income Category Archive

Virtual Real Estate

Wednesday, June 13th, 2012

In addition to earning passive income from physical real estate, you can also generate income from virtual real estate. Virtual real estate is online property, including domain names, websites, and online services. A virtual pub in an online game world is an example of virtual real estate. If you’ve ever registered a domain name or […]

Passive Income From Real Estate

Tuesday, June 12th, 2012

Real estate investing is one of the most common ways that people become wealthy. You can buy real estate such as houses, apartment buildings, office space, retail space, etc. and rent it out. You can also make money from the appreciation, assuming that real estate prices rise while you own the property. When renting a […]

Passive Value

Saturday, June 9th, 2012

I wanted to share this photo I took because it depicts a nice example of providing passive value. Coming up with the idea and adding this wall art required a one-time investment of time and energy. But once it’s shared, it can continue to provide value in the form of laughter and amusing conversations for […]

Are You Still Broadcasting Doubt?

Friday, June 8th, 2012

As you read through this passive income series, suppose you start seriously thinking about creating your own passive income streams. You talk about some ideas with your friends and family, and you get a negative reaction. Perhaps they suggest that passive income is beyond your reach and that you should just settle for a job like […]

Passive Income is Not an Escape

Tuesday, June 5th, 2012

If your motivation for passive income is escape, you’ll most likely fail. Passive income is fuel to expand what you’re already doing. Trying to add fuel to what you don’t want is a recipe for self-sabotage. You will give up before you get very far. Trying to build passive income streams on top of a […]

Self-Discipline and Social Pressure

Sunday, June 3rd, 2012

A big part of self-discipline comes from social pressure. This is how people in the military can become very disciplined, particularly in special forces. They don’t want to hold their team back, so they have to do their best. Loyalty to their teammates holds them to a higher standard. Loyalty to their country or to […]

How to Earn Passive Income From Intellectual Property

Thursday, May 31st, 2012

In the next several posts in our passive income series, we’ll explore a number of strategies for earning passive income. Let’s begin with one of my personal favorites… Intellectual Property Intellectual property refers to mental creations that are associated with legally recognized rights, such as material that can be copyrighted, trademarked, or patented. This includes articles, […]

Passive Income Systems

Thursday, May 24th, 2012

To generate passive income, you need a way to maintain your income without having to do so much grunt work to keep it going. If you have to keep working each day to avoid seeing your income drop, then you’re earning active income, not passive income. Passive income continues to flow even when you aren’t […]

Is It Fair to Earn Passive Income?

Friday, May 18th, 2012

Some people have asked whether it would be sustainable if everyone tried to earn passive income, so let’s get that out of the way before we continue with this passive income series. I think the supposition here is that certain jobs don’t adapt well to passive income strategies, and therefore certain work is best suited […]

You Earn Passive Income by Being More Generous

Monday, May 14th, 2012

Now that we’ve covered setting your passive income goal and a bit about the mindset of passive income — I hope you enjoyed the humor in the last post — let’s explore the details of how to actually create passive income streams. We’ll start out fairly high-level here and then drill down into the specifics […]