Ever since people started lending other people money thousands of years ago, it's been possible to earn passive income.
But things have changed a lot over the centuries and they’re changing all the time now as technology advances.
That means there are so many different ways you can earn passive income beyond the old fashioned way of collecting interest on a loan.
So how does passive income work nowadays?
It can sound too good to be true. It sounds like making something out of nothing. And a quick google will pull up hundreds of stories of people who say they’ve been wildly successful at it.
So how do you know what’s real?
Here’s the reality. We’re not creating something out of nothing. We are investing time or money into creating this stream of passive income for the future.
Let’s dig into what that really means.
Listen to the full episode to hear:
Learn more about Gillian:
Work Less, Earn More is the podcast that explores how to get the most out of every hour you work. Gillian Perkins brings more than a decade of experience as an entrepreneur and educator to help you design a business that's not only flexible and fulfilling, but highly profitable. She shares strategies that are working in her own business to save time and maximize profits. She also features interviews with successful business owners on how they’re achieving big things in their businesses with crazy-little time investment. Share Work Less, Earn More with an overworked entrepreneur you know who could use a change of pace!