2 ms·
Handing off work to employees is not passive income, or every business owner in the world would be "passive income". It's just a standard product business.
by RyanZAG 13y ago
Handing off work to employees is not passive income, or every business owner in the world would be "passive income". It's just a standard product business.
- _lex 13y agoCEOs are employees, and stocks are considered passive income. Granted, he might still have to be on the "board", but he could get pretty close to passive income. To spell this out: Most successful businesses eventually hire someone to run them w/o much intervention from the investors/founders. He can do the same.