O,h passive income – one of the most misleading terms I can think of. Passive might suggest that money come to you without any your action from your side and tell you what, this is quite opposite. I’d say that’s just a name to call some model of making money. Basically it involves working your ass of for X amount of time, very likely without any instant profit. So you can say: like opening most of businesses. Weeeell kind of, key however (this word and other similar like: although, but etc. will be overused in this note, so brace yourself – I’ll really need it to make a point) is to set your business in this way to automate most of processes and in a long run being able to earn money continuously while doing something completely different. There are many, many types of PI and all this is fascinating (zero sarcasm – it really is) – if you’re intrigued I strongly recommend you to listen to one of PI guru Pat Flynn on  http://www.smartpassiveincome.com/. …