3 ms·
Authoring a book is very passive income. Passive income is defined as high upfront work and very low maintenance work. Other than possible marketing tasks the
by max76 8y ago
Authoring a book is very passive income.
Passive income is defined as high upfront work and very low maintenance work. Other than possible marketing tasks the author's job is done once the book is published and collects money on every sale.
- enraged_camel 8y ago>>Authoring a book is very passive income. Authoring a book, sure. But the parent poster implied that he/she continuously writes these stories, i.e. many of them, hence why they said it is "hard on the imagination".
- max76 8y agoEach book is passive income. I'd consider a prolific author as someone that makes a series of passive income intellectual properties.
- enraged_camel 8y agoI guess with such a generous definition of "passive income", anything is passive income. I mean I'm still getting paid for the features I wrote for my company's software two years ago!
- bighi 8y agoIf you're getting paid for things you're not ACTIVELY working for, guess what... that's PASSIVE.
- bluntfang 8y agoI wouldn't include "high upfront work" as part of the definition. It could be close to no work and still generate income.