How Long Does it Take to Build Passive Income From Your Business

[SHAHID987]

I remember when I purchased an apartment, it took months in its documentation and giving it on rent but once it has been done I started taking its rent passively without any work. Just I used to go there and collect the rent.

 

[Passiveearner]

The actual amount of time it could take depends on many things such as inflation, purchasing power, demand of the products, etc. These are some external factors that may have a really big effect on the business.

 

[uptrendfinancialsignal]

Yes Building passive income depends on the individual because ones income may be involved which take some time to save or accumulate. With passive income you need capital to start the passive income

You have a very good point because building a passive income depend solely on individual experience and preferences however, it is very important to ensure that you create an avenue to create a passive income.

 

[cherry123]

Yeah, building a passive income depend mainly on individual experience and preferences. The money you have will determine the extent of the passive income you can build that's the truth.

 

[Golden9]

For most business ideas that generate passive income, two to five years will get you to a lave where you can earn passive income from them. The first year would be the most difficult and it's mostly where most people quit.

 

[IB D]

It would take you a very long time time and lots of hardwork to build a passive income from your business. Take for instance, you want to build a passive income from franchi, you would have to spend so many years to build a strong brand.

 

[cherry123]

Yes this is individual dependent. it would take a very long time for some people at other times it is short for others. it all depends on level of hardwork to build a passive income

 

[Blessed19]

Starting a business is a great way to build passive income. However, the main question that needs an answer is how long do you have to work in order to start making passive income from your business. How long do you have to work actively in order to start making money even while you are sleeping? I think this depends on your business niche and the market condition.

There are some businesses that one would engage in that would not require one to do much in order to start earning passively but some one has to be a hard-working person to even think about earning passively.

 

[Sammy_100]

it depends on how long you want the business to grow your passive incomes will grow fest when the business is going as plan, and following the rules and standard of the business will enable a speedy growth where more incomes follows your passive income accumulated.
that only will show you are making progress in business. Risk are always there in business

 

[Rubz]

I really do not know how long it would take me to build passive income from my business. This is because i have never had a business of my own.