Many online entrepreneurs don't think TRUE passive income is possible.
But having made 8-Figures and counting in passive income online over almost two decades, I can definitely attest to this NOT being the case.
But... I get asked this all the time.
What is the BEST passive income business model online right now?
I have to be honest, there isn't one!
Now don't get me wrong, some are better than others... So let's BREAK IT DOWN...
What makes a GOOD passive income stream versus a BAD one?
The GOOD:
If you have to 'work' more than an hour or two per week, it cannot really be classed as PASSIVE. But ANY model can essentially be made 99.9% 'passive' if you have somebody else running it (HINT: Outsourcing!)
Look, if we're honest, there's not likely to be many SIGNIFICANT...
So... We ALL want it but most people never get it.
That wonderful PASSIVE INCOME!
For over a DECADE (yes, 10+ years) I have made 6-figures in PASSIVE PROFITS... That means, I did all the work up-front and got paid MONTH after MONTH after MONTH, on AUTO-PILOT...
...And yes, it may sound a bit cliché, but I made that money IN MY SLEEP.
Why? Because I'm from the UK and my customer base has typically always been 80% in the United States.
Which means, I go to sleep and wake up RICHER!
So, how come MOST people never make a penny of truly PASSIVE income but I've been able to make MILLIONS from it?
It's not because I'm smart, trust me lol...
ANYBODY can do this. But you have to have the RIGHT strategy and be willing to put in the WORK!
So, I hear you saying,
"Matt, I'm willing to put in the work, just tell me what I have to do for it?!?"
I'll tell you right now...
There's no ONE best strategy, but ALL of the strategies require you to FRONT LOAD the work.
So expect to go ALL IN,...
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