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> Do you work for a salary? If you do, the shareholders (or private owners) of the company you work for earn a passive income off of you. This is a straw man.
by linkmotif 9y ago
> Do you work for a salary? If you do, the shareholders (or private owners) of the company you work for earn a passive income off of you.
This is a straw man. Yes, you can invest in something and earn dividends. But someone is very actively managing that company. If someone was managing that company for 4 hours a week, you probably wouldn't want to be an investor. The people who are earning "passive" income from such an investment aren't just paying me the salaryman, they're also paying my salaryman manager.
> or you can package your efforts in a product and earn exponentially more by scaling the sale of that product.
Right, but as I said in my GP, if you have a cash flowing product—which is already a huge and rare accomplishment—and you decide to spend 4 hours a week on it, you're a fool because your company is either growing or it's shrinking. So you want it to be growing.