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Passive

Posted in Daily Observations, Effective and Efficient, Entrepreneurship, Malaysia Personal Finance |
Money-sign tap - Building Passive Income

Building Passive Income

When tackling most problems, it’s often good to have an active approach.

Sometimes, however, it’s also good to look at the problem from a “passive” perspective. One good problem that would benefit alot from a “passive” approach is your income source.

A mentor, currently earning 6-figures income (per annum) in a giant corporation, sums it up by saying, “All these figures are just temporary. There’s absolutely no security. You should focus on building your passive income instead.”

Are you putting more focus on your paycheck or working hard building up your passive revenues?





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  • http://mtsen.com mtsen.com

    yes indeed, its all about owning a system that generate passive income for you …

  • wm

    Arhhh…..i'm one that is trap by a giant corporation ….hardly any time to think of anything else besides deadlines. it's like airasia in here, the turnaround time is very demanding.

  • http://www.meshio.com yowchuan

    Building a passive income generator is not going to be a one or two month's project. The good thing is that you can build this on your own free time.

    It's probably going to take you years but it's going to be a freehold farm where you can continue to reap the rewards even after your boss sacked you.

  • http://www.bold-talk.blogspot.com eugene

    you got ideas about building passive income, bro? i know you are a fianciai adviser, and you can charge me for a fee for it…