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Don't sleight PIH because of your preconceived notions that they are all "businesses are based on spammy blogs, apps, and affiliate sites". A lot of these peopl
by johnward 13y ago
Don't sleight PIH because of your preconceived notions that they are all "businesses are based on spammy blogs, apps, and affiliate sites". A lot of these people are creating valuable product that people are willing to buy. How is that any worse than whatever widget startup with no business model trying to sell themselves at a billion dollar valuation?
- ilamont 13y agoSorry I didn't make that clearer -- "whose passive income businesses are based on" means "who operate a subset of passive income businesses that are based on" (no longer possible to edit). FWIW, I've read Ferris' book, and agree with a lot of what he says. I also realize that passive income can be generated by products that deliver real value. Some are mentioned on this thread. But the movement has also spawned a lot of low-value products pumped up by SEO or spammy tactics. It doesn't help the image of passive income.