The Paul Minors Podcast: Productivity, Business & Self-Improvement
Education:Self-Improvement
PMP #211: The realities of earning a passive income
Passive income is often portrayed as the holy grail of earning money online; make money while you sleep, sounds good right? But before you quit your job to embark on the passive income lifestyle, I thought I’d share a few realities you may want to be aware of.
To add some context for new readers, my business currently generates revenue in a few different ways. Primarily from providing consulting services but also from digital product sales, affiliate marketing, sponsorships and ad revenue. Some of these revenue streams require more effort than others. While I get some revenue without having to do anything afterwards (e.g. affiliate income), every revenue stream requires effort to create and maintain.
Show notes (please leave me a comment with your questions and feedback) » paulminors.com/211
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Intro/Outro Music: "Synthia" by Scott & Brendo
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