What Are Some Passive Income Ideas That Failed?

[eldavis]

This might have happened because you did not dedicate sufficient time to populating the website with useful content and popularizing the site.
The experience of consistently coming across useful content on a website is a sure avenue to keeping users visiting a site on a regular basis.

Yea, when going into a particular business or investment, your mindset matters a lot. Back then i had the mindset of quickly making money cause i have heard about people taking about it and it seems easy to make money. But i was not prepared for the reality i got.

 

[Passiveearner]

I think that many passive income ideas fail due to many reasons. The basic plan might be great but not great enough. This also includes manufacturing innovative products using extremely low-quality material.

 

[capri]

I must say that pyramid schemes and such kind of projects are more likely to fail because they are bound to fail. Such kind of projects fail because they are not at all involved in any kind of real commercial or business activity that could possibly generate great revenue in the first place.

By its very definition, a pyramid scheme is a bogus arrangement for generating passive income. This is because the longevity of these schemes is entirely dependent on the ability of members to keep drawing in new people.

 

[Passiveearner]

By its very definition, a pyramid scheme is a bogus arrangement for generating passive income. This is because the longevity of these schemes is entirely dependent on the ability of members to keep drawing in new people.

We are living in times where many HYIPs exist. These HYIPs are the real example of pyramid schemes. The fact of the matter remains that they advertise many offers and income plans that are not based on realistic income sources in the first place.

 

[Starmix]

There might be some idea that failed, but it's not a severe failure because it's just an idea not materialised, in case already materialised it might cause a sudden headache. Failed ideas happen if you failed to plan.

 

[Rubz]

Well, i've never tried earning through passive income so i do not have any passive income idea that did not work out or failed for me. I'm considering going into passive income though.

 

[Passiveearner]

I am quite sure that majority of the passive income ideas have failed because not all of them bring success. many people and entrepreneurs try many different things daily, but not all of them gain success in a short time period.

 

[eldavis]

We are living in times where many HYIPs exist. These HYIPs are the real example of pyramid schemes. The fact of the matter remains that they advertise many offers and income plans that are not based on realistic income sources in the first place.

Yes that's their strategy. They usually offer plans that are too juicy or enticing to reject. This is what they use to draw the attention of does they want to scam. Till date people still fall from it.

 

[timewo]

Investing online on websites like Express-wallet, masterinvest.top are some of the investment ideas which have failed for some investors, these websites are not allowing some investor to withdraw the money invested.

 

[SHAHID987]

My passive income idea failed when I was trying to get some passive income, when I invested in land but after sometime the price of that land started touching the bottom line I sold that land and face marked loss there.

 

[AruneBend]

There are a lot of ideas that failed well it's normal not all things can work and it's okey if you fail you need to look for other ways passive income is not easy to get so it's normal to fail