07 May 2008

Passive Income

Passive income is the part of income that is coming in with minimum effort on your part. An example shall be as follows:

A fisherman goes out to the sea to for his morning ‘blessings’. He threw out his net and catches some fish. He also places 5 fishing lines across his ‘hotspot’. The 5 catch is his ‘passive income’.

In real estate, the senior manager will receive a small percentage of the sale’s commission when his realtor closes a deal as a passive income. A simple way to see an opportunity of creating a passive income is by integrated values. The art of discovering new methods of creating good values can enrich our lives.

Entrepreneurs have the opportunity to retain good staff by paying them a passive income from their total sales. All part time bloggers are on the road of securing passive income.