Passive Income Category Archive

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 […]

Jobs vs. Passive Income

Friday, May 11th, 2012

Many people have the limiting belief that passive income is weird, unusual, complicated, or confusing. As I’ve mentioned previously, passive income isn’t particularly difficult in practice. In many ways, earning a living through streams of passive income is easier than earning a living through a job or as an independent contractor, especially in the long run. […]

Commit to Your Passive Income Goal

Monday, May 7th, 2012

Now that you’ve set a specific passive income goal (as per the Set Your Passive Income Goal post), it’s time to strengthen your connection to this goal. The idea here is to begin believing in your goal so that it becomes more real and solid, not just some airy fairy fantasy. Put Your Goal in Your Face […]

Set Your Passive Income Goal

Monday, April 30th, 2012

As we transition into the how-to aspect of passive income creation, let’s begin by having you set a goal for what you want to accomplish here. Why are you reading this series? Is it just for entertainment’s sake? Do you hope to learn something that you might apply later? Or do you actually want to […]

The End Game of Passive Income

Friday, April 27th, 2012

Let’s talk about the reality of what it’s like to create streams of passive income and how it compares to working at a regular job. What I’ll share here may surprise you. With a typical job, you’re more or less directly trading your working hours for dollars. You may receive an hourly wage, a salary, […]

What Is Passive Income?

Thursday, April 26th, 2012

I want to kick off this passive income series by clarifying what I mean by passive income. I prefer to define passive income fairly broadly as revenue you earn even when you aren’t actively working. Another name for passive income is residual income. By contrast active income is money that stops coming to you when […]

Passive Income Series

Wednesday, April 25th, 2012

In the weeks ahead, I’ll be blogging an extended series on how to earn passive income. Passive income is money that comes to you even when you’re not actively working, such as royalties, investment income, and revenue from automated business systems. I started earning passive income in the 1990s by creating, selling, and licensing computer […]