4 ms·
I definitely think a lot of these passive income evangelists tend to have had a fair amount of luck, finding the right niche opportunity at the right time and t
by rwhitman 13y ago
I definitely think a lot of these passive income evangelists tend to have had a fair amount of luck, finding the right niche opportunity at the right time and then thinking their experience is applicable to everyone.
Personally I've had nothing but failures in my attempts. And I've definitely met a number of people who did have success at one point but are back to working full time after the well ran dry. The assertion that this is a low risk path for everyone I think is a little misguided
- unlucky 13y agoThe amount of luck needed is the same as any other industry that you are trying to break into. It is far more common to hear about the crazy success stories of a niche than the ones of grinding for years with little money and eating PB & J. It is only low risk if you aren't fully committed to it.