4 ms·
1. Active, not passive: This is income made by actively promoting the book upon its release as stated in the post. 2. Past, not future: This is historical reve
by dilemma 10y ago
1. Active, not passive: This is income made by actively promoting the book upon its release as stated in the post.
2. Past, not future: This is historical revenue based on active marketing. It is unlikely that it will bring the same income in the future without marketing.
3. Revenue, not profit: The nice cover design is something others would need to pay for if this is to serve as reference, but this cost isn't taken into account.
TLDR: He isn't making $400 ($360) in passive monthly income and it is unlikely he will in the future.
- galfarragem 10y agoPassive income is just an alias for a delayed active income with uncertain ROI.
- cylinder 10y agoPeople are constantly misusing the term "passive" when they mean "residual."