There are lots of definitions of passive income, and yes—I’m aware of traditional methods such as investing in real estate and in the market. I do both of those, but that’s not what this website is about.
In my experience, the best form of passive income—and what I focus on here at SPI—is the following:
At Smart Passive Income, I teach you how to build online businesses that take advantage of systems of automation that allow transactions, cash flow, and growth to happen without requiring a real-time presence.
In other words, we don’t trade time for money.
Instead, we entrepreneurs invest our time upfront, creating valuable products and experiences that serve others, because that’s really all a good business does—it helps other people solve their problems.
We work hard now to continually reap the benefits later.
And unlike real estate or getting involved in the market, the barrier to entry is much lower. There’s far less money needed to invest, the rewards can come in much faster, and what you create is something you can become recognized for.
My first online business, which served the architecture and design community, was created for only $6.95/month, and within 18 months it had generated over $200,000! That’s when I was hooked and I hope to hook you too!