Passive Income is a Lie – Don’t believe everything you Read
Yes, passive income is a lie. It’s a lie that a lot of online “entrepreneurs” want you to believe. For income to be truly passive, it has to magically arrive in your bank account all on its own. Everyone knows that’s impossible but some how, some way, people get hoodwinked into believing it is possible.
There is such a thing as “almost passive income” and that’s what I’m writing about today. “Almost” is not the same as “truly” but it’s as close to passive as you can get.
Generating Passive Income requires Non-Passive Actions
If you read enough websites that talk about it, you’ll become familiar with terms such as “passive income” and “residual income”, with someone’s definition to go with each. A dictionary can tell you what they mean, without the bullshit you have to wade through at some sites.
Cause and effect is where I’m going with this. You have to do something for something else to happen. Things don’t just happen, even if people like to phrase them as such. The first step is a decision and that’s active, not passive. You can remove most of the activity surrounding your income, but it’s still not 100 percent passive. 100 percent passive, or truly passive, is impossible.
You can set things in motion and treat it like it’s truly passive and it can be truly passive, but only for a limited time. Eventually, you’ll have to do something active (non-passive) to get things going again.
Using this Website as an Example of Temporary Truly Passive Income
The last time I wrote anything anywhere was on the 13th of this month, nearly a week ago, and it was the previous article I wrote here. As far as money goes, I made as much in that time period as I did when I was writing every day.
So, in essence, I was getting truly passive income for nearly a week. But it’s temporary. If I decide not to write for something close to a year, I seriously doubt I’ll get a lot of new visitors and returning visitors will get tired of waiting for something new.
I guess I’m trying to explain things in the best way I know how. The fact is, truly passive income will never remain truly passive income. You have to put the wheels in motion and can get your income in an almost passive way, but not truly passive – at least not for longer than a temporary time period.
There’s a saying I really like to repeat these days: Don’t believe everything you read on the Internet. It’s even more important when someone says they’re going to teach you how to do what they do and that very act itself is a lie.