Anything passive still requires some active up-front involvement, at least at first. Building a "money tree" still requires you planting and watering the seeds.
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Free registration at the forum removes this block.Anything passive still requires some active up-front involvement, at least at first. Building a "money tree" still requires you planting and watering the seeds.
I already have a business flipping houses that takes up most of my time. I have been talking to business brokers and am looking for something that has a manager in place so that it can be as passive as possible for me. Does this even exist? There are people that own large conglomerates that are not involved in the every day operations. Is this realistic for me?
For example, Berkshire Hathaway has over 60 subsidiaries, and Warren Buffett hires effective managers for each one. But my buddies broker said that most of what I will find will be hands-on owner operated.
I would still argue that it's passive. MJ chooses to be on the forum because he enjoys it.anyway, this forum is an asset for MJ DeMarco
but this is not really passive for him
because instead of doing things outside his home without a second guess about the forum , he is online all the day here watching the forum
we can reframe it as kind of a job : watching the forum all the day sitting at his desk
this is not really passive even if he is technically free
because his time is involved
.
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