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by astura
2998 days ago
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No, not usually, that's more like "part time job" or "side hustle." Just like nobody (hopefully) will say driving for Uber is passive. People often don't know what "passive" means, this question gets posted here a lot and most of the responses are not at all passive. A lot of people mean passive = non-wage income, not so. If it requires ongoing time and effort to make money, its not passive. There's some grey/in between area though, real estate can be passive (1 unit with long term tenants) or a full time job (multiple properties, distressed properties in need of significant repairs, or something like AirBnB - unless you've got employees doing all the work). Same with stuff like writing, if the effort is already done and you just sit back and collect ad revenue or referrals, that's passive. If you're actively writing blog posts regularly, its not passive. As far as the FBA case, if you've hired someone to do all the finding deals, packing and shipping, it is pretty much passive; if you've got a white label product and you've set up your suppliers to ship regular shipments from China direct to Amazon's warehouse, its probably pretty passive at that point. |
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