Passive Income Business Ideas

Passive income Business ideas to some, may sound like a foreign phrase and to others, it's like having a "Snuggie" on a cold winter night... you get a warm, soft and fuzzy feeling. Since starting a business can sometimes appear to be as risky as walking across a four-lane highway in L. A.'s rush hour traffic... passive income ideas increase the reward factor and is why many make the great decision to look for and start a business of their own.

The main reason, for some people's fear, is, according to the Small Business Administration, 80 percent of all small businesses fail within their first 5 years. Also according to the experts it normally takes 6 years in successful "traditional" businesses before you will turn a profit. That is after mortgaging your home, working from 8 until faint, eating Ramen Noodles everyday for years and practically destroying your health.

Conversely though, you can't work a job and achieve financial freedom; Even if you're lucky enough to have a job for the next 25 years. According Robert Kiyosaki those days, for the vast majority, are gone forever. However there are new, innovative, passive income ideas for making money the way that the rich do.

Read below as we explain what passive income is and why JP Getty's quote about leverage was Right on the MONEY!

What does Passive Income Mean?

Passive income allows you to perform a service sell a product once and receive payments over and over again for that same action. Eg. Investment property that you purchased once and your tenant pays you every month for as long as they live there.

Donwload Passive Income Business Ideas app for learn more!