Yes same here, i have not started earning passive income, but i hope to do so soon. Passive income is extremely important and i believe every business owner and as well entrepreneurs, should seek to achieve this.
How long did it take to establish your first passive income?
- Thread starter nomad
- Start date
That depends on the source of your passive income. If you buy dividend paying stocks, you may receive dividends within six months or sooner. However, if you plan to publish a book and receive dividends, it may take some time.
If you are refering to online passive income, it took me 2 years to establish passive income from Spotify streams for my musical beats.
It took me about a year to establish my first passive income stream. I started by creating digital products and posting articles on my blog. It was a slow start, but eventually, the money started rolling in without me having to actively work for it.
It took me almost eight years of training and setup before I could get my first passive income rolling in.
- Thread starter
- #31
What passive income do you have? Is it investment based, or did you create your own product that is bringing you passive income.
