Comments on: Passive Income Creation – It’s Like Growing a New Lawn

By: pfincome

pfincome — Thu, 26 Feb 2009 11:57:44 +0000

@DDFD at DivorcedDadFrugalDad.com, Thank you. You are absolutely right! Passive income does not happen overnight and it takes a lot of time and hard work – just like growing in a new lawn.

By: pfincome

pfincome — Thu, 26 Feb 2009 11:56:49 +0000

@Sarah H., Thanks. I use to be in the golf course management field so I have a lot of past experience lawn maintenance. My latest passion is creating passive income so it seemed like a perfect comparison.

By: pfincome

pfincome — Thu, 26 Feb 2009 11:55:23 +0000

@Passive Income – Lis, Thanks for the kind words. Great point on Google. While a lot of people rely on Google for page ranks, focusing on it too much is not allowing you to be diversified.

By: pfincome

pfincome — Thu, 26 Feb 2009 11:53:47 +0000

@Jennifer, Using the seed method is my preferred option as well – not a lot of upfront capital but a lot of hard work.

By: pfincome

pfincome — Thu, 26 Feb 2009 11:52:19 +0000

@Paul Morales, Thanks. Having multiple streams of income protects from things like the recession we are living through right now. The key is to build them as passive income streams so that you can work to replant new ones.

By: pfincome

pfincome — Thu, 26 Feb 2009 11:49:36 +0000

@Enrique S, I believe it is extremely important to diversify your passive income streams as well as any other income streams you may have that are not passive. Thanks for checking out PFI! I will hop over to your site and check it out.

By: pfincome

pfincome — Thu, 26 Feb 2009 11:48:19 +0000

@Jeff, Thanks for the kind words. I have had several passive income streams fail on me already in my short career at it. The key is to keep going at it and let the strong ones survive – while replanting new ones!

By: pfincome

pfincome — Thu, 26 Feb 2009 11:46:23 +0000

@Su Prieta, Thanks! Good luck with your passive income building.

By: DDFD at DivorcedDadFrugalDad.com

DDFD at DivorcedDadFrugalDad.com — Wed, 25 Feb 2009 12:48:54 +0000

Solid post! Using planting is a good analogy because people must realize that it doesn't happen overnight. Instant gratification desires need to be shelved in efforts like building a business. It requires time, attention. and patience. DDFD at DivorcedDadFrugalDad.com´s last blog post..Spring is Coming: A Gardening Recap

By: Sarah H.

Sarah H. — Tue, 24 Feb 2009 14:06:30 +0000

Great analogy comparing your lawn to passive income! Sarah H.´s last blog post..Meal Plan Mondays: 2-23-09