A while ago I stumbled over the Smart-Passive-Income Blog. Pat Flynn writes about his experience making money doing “nothing”. Turns out the nothing part is actually hard work, but the making-money part is impressive …
… so I went back to the first post wishing to learn and get inspired …
This is my journey following his steps, rambling about his fortunes and misfortunes … Of course reading about his monthly income reports, there is jealousy … Come on making that kind of money, doing nothing (even, if that “nothing” takes quite some effort) … Could it be it’s a hoax? Or is he a real-life superhero? We will see, or not, or just dream about being rich … (well just rambling … that’s why there is this huge amount of “…”s).
What is smart passive income?
In a “normal” 9-to-5 job you get paid for the actual hours you work (or at least look like you are working). Which means, you do not get paid when you are not working. In addition your payment is limited by the hours you work. To get more money, you can work more, or need to get a higher rate.
With smart passive income you generate a stream of income which – once set up – does not depend on your working hours. Accessible via the Internet people are able to “consume” your products even while you are sleeping.
So what’s really keeping you from earning a passive income online?