Passive income is any money earned in a way that does not require too much effort.


Depending on the amount of work you do on the front end, this could be a little extra cash every month, or it could completely replace or even exceed the income you make from your business.


THINGS TO KNOW BEFORE EARNING PASSIVE INCOME


1. Usually it's not entirely passive

While it is true that passive earnings are generally much less work than active earnings, some effort will still be needed, ahead of time.


2. You may need to try a number of different strategies before you find one that works.


When you create your first passive income stream, you're probably going to be super excited to see what's going to happen with it.


3. You're going to need multiple streams to make things work.


It's rare to find a successful business owner who has only one passive income stream.


Most successful business owners earn passive income through:


Online courses

Affiliate marketing

A podcast

Book and eBook sales

Ads on niche websites

I hope you write your book and share it with the world.

#getpublished
#manuscripts
#editing
#aspiringauthor
#author
#publishedauthor

I'll keep this in mind.
Thanks for sharing

Great insight