posted on: 2/12/2012 11:56:05 PM EST
What is passive income?
what is passive income, generate income, generate money

 VISIT WEBSITE (learn more)

Passive income is an income you receive without doing any work. An example is a landlord who collects rent checks every month with no effort on his part. This is a great income to have! Who wouldn't love to be able to generate income without work? Many people come to the Internet in search of an easy way to generate money. Does passive income really exist? How did the landlord in our example get to that point? Let's see.

One possibility is that our landlord worked hard for years and saved up money to buy his property. Then he looked at different properties and picked the one he thought would be best for him. Once he bought it, he might have had to do some repairs. He might have had to remodel it. He also possibly had to find tenants. Now, he sometimes has to find new tenants or try to collect unpaid rent. He also does a little work to maintain the property and occasionally gets an emergency call if there is a flood or something.

An online business owner is a lot like this landlord. Most successful entrepreneurs did not get that way overnight. When you read sales letters claiming someone is earning thousands every day on autopilot, what you usually find out if you buy the product is that it takes work to set it up and time to get the same results. An online business, like an offline business, has to be built. It can take time, effort, work, patience and dedication but will continue to generate income for years. If you are interested in building your own online business, sign up here as a free member and I will be in touch.

Of course, our landlord may not have done any work at all. He may have inherited the property. He may have employees who handle buying properties, maintaining them and doing all the work involved. The landlord may not know anything about any of it. I used to think that you had to be rich to generate money without doing any work, but now I think it's possible. If you would like your own passive income stream, sign up here as a free member and learn how you can get started.

An online business is a great way to take charge of your life and your future. I hope you have found this information helpful. Get to know me better, visit my profile! Thank you for reading.

BUSINESS OWNER COMMENTS:     leave comment
  ** You need to be a member of IBOtoolbox to comment. Click Here to create free account.
Jennifer Bencosme   1453 day(s) ago
Thank you Ally and Lonnie for taking the time to read my blog and comment!
Lonnie Glosup   1453 day(s) ago
Passive also implies that you do not have much ability to have an effect on it, either by choice or design. I prefer residual income. Earn it for sure, yet the stream of income continues because the value to the consumer continues too. ~LonnieG
Ally Stewart   1453 day(s) ago
For me, the best thing about working online is that I can work from anywhere in the world where there is an internet connection.

  Facebook member comments

  Select a press release to view
12/18/2012  What it takes to make money online
12/15/2012  Building an online business requires planning
12/13/2012  Make money online without competing
12/10/2012  Learning makes perfect?
12/6/2012  Happy Anniversary!
5/29/2012  EZ Wealth Solution: Just The Facts
4/29/2012  Is EZ Wealth Solution a scam?
2/12/2012  What is passive income?
2/6/2012  Types of advertising
2/1/2012  Is this the best business?
1/30/2012  Who Are You?
1/27/2012  My Journey To A Successful Online Business