Watch4thehook Business & Entrepreneur Podcast: A Small Business Podcast for Small Business Owners
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Leveraging Your Creative Entrepreneurship Ideas as a Way to Make Passive Income
Manage episode 483949163 series 3461774
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Passive income as defined is money earned with minimal effort (emphasis on minimal). Often times from investments or pre-existing assets that generate income over time. There is a difference from active income, which requires ongoing work to earn money. Honestly, most income is active income even when most dress it up as passive income. Passive income streams require initial effort to get them set up. Once they are up and going, they can provide a steady income source with little ongoing involvement. In this episode we will discuss a few ways or areas where you can help generate passive incomes.
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165 episodes