I’ve been hearing a lot about “passive income” lately – the dream of earning money without lifting a finger. While the idea sounds enticing, I think it’s important to demystify this concept.

In reality, what many label as “passive” income usually requires significant upfront effort, continuous oversight, and regular adjustments. Whether it’s writing a book, setting up an online course, or investing in stocks, none of these avenues guarantee income without some level of involvement.

It’s easy to get enticed by online gurus painting a picture of lounging on beaches while checks roll in. But behind every “passive” success story, there’s a tale of hard work, persistence, and constant learning.

Does this mean passive income ventures are not worth pursuing? Absolutely not. But let’s approach them with realistic expectations and the understanding that no reward comes without effort.

What are your thoughts and experiences on this? Would love to hear from the community!

  • Zomburai@alien.topB
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    1 year ago

    It exists for the ultra-wealthy–people that on paper are the CEOs of a dozen companies each but in actuality spend their days posting on Twitter or going on “business retreats”.

    It doesn’t exist for the peons like you and me.