The Truth (And Myth) About Passive Income

There are few words in an online entrepreneur’s vocabulary that are more seductive than Passive Income. The term is widely used by multilevel marketers and savvy entrepreneurs across the web to close sales on eBooks and training programs for one simple reason: the vision (of sitting under a palm tree while your bank account effortlessly collects money) sells.Wikipedia describes passive income as “income received on a regular basis, with little effort required to maintain it.” But is

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