nayku
Member
Greetings Warriors!
So for today's topic I thought it would be interesting to hear some of the other users here on BizWarrior discuss passive income "businesses." But what is a passive income business? Isn't this what every owner of a business strives for? Well, yes and no.
A passive income business is generally referred to as something that is very small, operated by a single person, almost completely automated, and doesn't generate a whole lot of revenue. (but this doesn't mean it can't)
Here are some basic examples below:
Some people, including myself, don't have the necessary income to start up a small business and have resorted to small passive income businesses as a way to save up and fund a future business venture.
I cannot work currently as I am enrolled full-time in college and devote a majority of my time to studying and completing projects. I am currently looking to expand my horizon and delve into new and fresh ideas whether they be passive income business or something I can do on the weekends.
Here are some of the things I currently do, including how much revenue it generates. And if you're interested in how I do it, you may post below, or send me a PM.
So for today's topic I thought it would be interesting to hear some of the other users here on BizWarrior discuss passive income "businesses." But what is a passive income business? Isn't this what every owner of a business strives for? Well, yes and no.
A passive income business is generally referred to as something that is very small, operated by a single person, almost completely automated, and doesn't generate a whole lot of revenue. (but this doesn't mean it can't)
Here are some basic examples below:
- Selling digital downloads (software, apps, etc)
- Selling eBooks
- Cryptocurrency swing trading
- Vending Machines
Some people, including myself, don't have the necessary income to start up a small business and have resorted to small passive income businesses as a way to save up and fund a future business venture.
I cannot work currently as I am enrolled full-time in college and devote a majority of my time to studying and completing projects. I am currently looking to expand my horizon and delve into new and fresh ideas whether they be passive income business or something I can do on the weekends.
Here are some of the things I currently do, including how much revenue it generates. And if you're interested in how I do it, you may post below, or send me a PM.
- Selling digital software (written by me)
$350-$800/month - Real Money Trading (RMT)
$150-$250/month
- Cryptocurrency swing trading
$100-$500 (very sporadic depending on market)