Of course, you can make honst money in Internet info-products, or affiliate marketing, or other such areas where people tend to get drawn to "passive income" fantasies. But, to make real money over the sustainable long-haul, you must treat these like any other business. In other words, you must provide real value to real customers with a real need.
When you are working you have a fixed amount of time that you can possibly work. You can only work so many hours in a day, so many days a week and for only so many years. It is during that time that people have to pay for their most expensive things in life; homes, children and then save for retirement. Add in a debt load that cannot be paid down with the current income being generated and no additional time to work, it becomes a cycle that has no end.
About Blog Hi, I’m the Passive Income Earner. I also go by other names, such as Canadian Dividend Growth Investor. I’m based in Canada and I’m on a journey to build a passive income with dividends. In this blog, I share my experience in personal finance and investing, including mistakes I made and lessons learned. Occasionally, I will also write about financial and investing concepts I learn. Follow this blog to know about my journey on passive income through dividends.
PPS oh you thought I was done did you?! The other parts of the book, although not truly passive income generation focused, are amazing too. I know things like the low information diet and killing interruptions have made a huge difference to my success – and if I can try and get a little more consistency in my adherence to them, then happy freaking days!