"Passive" as in, once started, they are kind of like perpetual motion. But many, such as YouTube channels, require regular inputs to make the big bucks. You can write a book that becomes a standard, but people will forget you, if you don't continue to publish.
"Passive" as in, once started, they are kind of like perpetual motion. But many, such as YouTube channels, require regular inputs to make the big bucks. You can write a book that becomes a standard, but people will forget you, if you don't continue to publish.
That’s why I like the term “income streams”.