Easy Money for Lazy People

Download or read book Easy Money for Lazy People written by Luke Gregory and published by Createspace Independent Publishing Platform. This book was released on 2016-10-13 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you KNOW the Fact and Fiction of Passive Income and Making Money Online? You can start a passion-based business and bring it to the point where you're earning more money for less direct effort on your part. That is the essence of passive income: structuring your business so that you can leverage your time into higher earnings for fewer hours of direct involvement. There are so many websites, seminars, and e-books available on the topic that the information can be overwhelming. Some say you'll be working 60 hours a week because passive income isn't so passive, others claim that you'll become lazy once your new six-figure income starts rolling in -within the next year to boot! My favorites are the ones that manage to simultaneously claim you'll be working sixty hours a week while also becoming lazy. And, no matter what, the key to all of these programs seems to be happy thoughts, whether they're mixed with hard work or cocktails on the beach. I can assure you, the methods in this book are not going to include promises that money will come floating to you from the sky atop a pink unicorn whose magic is powered by your positive thinking. The unicorn will be purple, obviously. No, unfortunately, the myth about passive income is not true. The Lottery remains the only way to become wealthy by doing nothing. You can take that bet if you want to, but wouldn't you rather bet on yourself instead? Myths are usually based in reality, and the reality is that you can become wealthy by doing something you love. You can't guarantee the lottery, but you can count on yourself. You can create a passion-based business and bring it to the point where you're earning more money for less direct effort on your part. That is the essence of passive income: structuring your business so that you can leverage your time into higher earnings for fewer hours of direct involvement. Before you can do this, however, you have to understand the facts about passive income, among other things. You see, there are all sorts of ways you can create a business in which you're doing fulfilling work while building a good income. However, your income won't be passive unless you are taking a passive role in the business. Depending on what you want to do, it may be a while before you can or want to take a passive role. Even then, the passive role isn't as passive as it sounds.