4 ms·
Passive income generally means that hours spent don't directly translate to dollars. All passive income solutions (that I know of) require some initial investme
by sprobertson 14y ago
Passive income generally means that hours spent don't directly translate to dollars. All passive income solutions (that I know of) require some initial investment. Maybe "time-scalable income" would be a better term?
- pan69 14y agoI understand that. But if you spend 80 hours per week on it, is it still "passive" or do you simply have two jobs? To me the idea of "passive" income is that you might spend a certain amount upfront but after that initial push it doesn't require a lot of attention, i.e. passive.
- sprobertson 14y agoWell if he's spending that much time on it, then yeah I'd agree, not passive. In the interest of naming arbitrary cutoff points I'd call anything more than 10 hours a week not passive.