[...] energy from me and a wider commitment. If I want to write an article “five ways to create passive income”that will be big on the internet will take a few days to plan and intense writing and some tea or [...]

[...] “I want to find people who talk about passive income,” and search for the term “passive income.” You can also search for supporters of a person or a person with “passive [...]

This article by Brian Lee is one of the most sensible things I have read in a long time and will certainly put a link to it in my next article that I post on my site.

It reminds me of a comment made by Bill Myers one time when he was speaking in the UK once – and that was, to get control of finances quickly consider cutting expenditure by finding an area of the country that was cheaper to live in. You can do the same with material items too, and once debt and outgoing are cut, everything is easier.

Thanks!

This is great article! I am also writing article about active and passive income. I may say that this is an interesting post as well. Thanks for the info!

More power to your site!

That’s a great case study for how it can be done.

Nice post!

I launched my first AdSense supported website just over 3 years ago. I didn’t know what to expect, but have been very pleased by the results. Some of you readers might be encouraged by my story as well as yours, so I’ll include a nutshell version here.

My first year on the web was probably the hardest one. I was spending about 4 hours a day, sometimes in the middle of the night, building new resources for my website. When you are making less that a dollar a day you tend to get discouraged. Still, I persevered. By the end of the year I was making $500 a month, and 64,ooo people were visiting my website every month.

Year two brought more visitors, and a greater reward for my effort. I was now trading 4 hours a day for about $1,500 a month. Still not great, but promising.

Around the end of year three I struck gold. More than 340,000 visitors a month were visiting my primary website, and I was making $4,200 from a collection of passive income sources, including AdSense and private advertising.

I don’t know where things will go from here, but it’s clear that you are in fact able to “leverage” you time in exchange for a passive income on the web.

I wish you the best in your business pursuits!

Hi Brian,

I’ve actually bought the Cashflow 101 game and it’s very effective to change your attitude towards money.

Since I read Rich Dad Poor Dad my life changed. I took a lot of risks and I’m putting all my energy to achieve financial freedom.

I just wanted to let you know that I cannot stop reading your articles. I just started reading them a few days ago and I feel like I have had a major shift in my life as a result. I have been truly enlightened and I am going to take your advice on the books that you have recommended. Thank you for changing my life!

for some more passive blog income, you should link the book references in this article to an amazon affiliate account…

The concept of passive income has been more heartily embraced by recent generations. It is a different time with rapidly changing media. Income options have become much more diverse as a result. Thetraditional view of wealthinvolved working hard, putting your nose to the grindstone, pulling yourself up by your bootstraps and any other cliche one can think of, today’s generation favors working less and earning more. It makes sense, and a little innovation can create ways

[...] time with rapidly changing media. Income options have become much more diverse as a result. The traditional view of wealth involved working hard, putting your nose to the grindstone, pulling yourself up by your bootstraps [...]

“With passive income, your money works for you, instead of working for your money.”

Great post

Thank you!

[...] Passive Income | Genius Types [...]

[...] talks about how to do it in The 4-Hour Work Week, and my fellow blogger Brian Tracy calls it Passive Income (also see his excellent Five Ways to Create Passive Income). Author Robert Kiyosaki, among many [...]