But you have to write the book first
Posted: Sat Feb 08, 2025 6:41 am
That's true, but there is no such thing as truly passive income.
Some people sell writing books as passive income
“Write a book, publish it on Amazon, and you’ll earn passive income.”
You have to keep up the time you put in beforehand.
It is not passive .
It is delayed.
The same applies to stocks.
You must first earn chile telegram screening the wealth that you invest in stocks.
You earned it with time .
So don’t come with this “ passive income ” nonsense.
You have to manage to decouple your income from your time .
To create it indirectly delayed and leveraged.
For example, if you write a book,
If you invest for six months, you can sell it for the next six years or, if it becomes a classic, the next 60 years.
This means you have separated your income from your time.
For example, if you do consulting.
If you are a coach and do one-on-one work, then it is still very much tied to your time.
Some people sell writing books as passive income
“Write a book, publish it on Amazon, and you’ll earn passive income.”
You have to keep up the time you put in beforehand.
It is not passive .
It is delayed.
The same applies to stocks.
You must first earn chile telegram screening the wealth that you invest in stocks.
You earned it with time .
So don’t come with this “ passive income ” nonsense.
You have to manage to decouple your income from your time .
To create it indirectly delayed and leveraged.
For example, if you write a book,
If you invest for six months, you can sell it for the next six years or, if it becomes a classic, the next 60 years.
This means you have separated your income from your time.
For example, if you do consulting.
If you are a coach and do one-on-one work, then it is still very much tied to your time.