When it comes to defining what passive income really is, a lot of individuals confuse the basic meaning and misinterpret it’s application. This kind of misunderstanding leads to a lot of missed opportunities and dead end projects and ultimately missing out on the extra income.

Passive income is created income that is earned with little effort after the initial hard work that is applied during the start up process. A ton of individuals forget about the second part or don’t even realize that there is a second part to passive income. To be clear, there is no magic button that you flip that automatically gives you money month to month. If the passive income isn’t sourced from an asset, then an individual has to produce something of value to create passive income.

If you have visited the assets page, then you probably know that assets have the potential to provide passive income. However, investing in assets may be more time consuming when looking to replacing your income and arriving at the end game of financially freedom.

Here are some ideas to help get you started if you are interested in creating passive income for yourself.

Affiliate Marketing

E-books

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Affiliate Marketing

E-books

E-Commerce

YouTube / Blogging