I grew up with a father who owned his own business along with my grandfather before him. My father had many other friends who were fellow business men as well. As I watched these men and their friends over the years, I began to notice something. Those who were truly financially independent, owned their own business.
Not just any business either, businesses that made money when they were not there. If they were sick or on vacation their business still made money. It is called PASSIVE INCOME.
Passive Income is passive. Meaning, you do not have to be actively engaged, it runs on its own.
There is a lot of upfront work to get it going, along with some regular maintenance, but once going, it runs on its own. It is like the author who spends months writing a book and then when its picked up by a publisher, they get royalty checks from then on.
Financial freedom is usually only achieved by those who figure this Passive thing out..
With Passive Income you are always making money, you can never be laid off, sick or injured. Examples would be when someone has employees earning money for them, investments earning income (not lately), or even a website.
Money is made two ways online, advertising or selling products. With technology, both can be turned into passive forms of income. A website can be a great way to generate Passive Income.
And once you have lots of traffic, this is when your passive income really starts to grow, so no matter what you are doing, youre making money!











