Passive Profits: Do It Once and Profit Forever

It’s practically universal to want to increase your income. Regardless of how much money someone has, they would still like to make more.

If you’re like most, you swap your time for money. Even highly paid, successful doctors and lawyers are limited because they have to trade their time in exchange for payment. Doctors can only see so many patients in a week. Their potential income is limited by time.

Passive income is money coming in that requires you to invest very little time. You may spend some time initially, while you’re getting it all setup. However, once it’s up and running, you’ll continue to receive income for a long time to come.