And if the matter is not discombobulated enough, we need to presume that these guys are actually making money the way the way they say they are without questioning the veracity of their claims. Cos if you did that you’d be a hater!
They’ll then tell you that their results are not typical… which is just a clumsy gambit to hide their subterfuges. Of course, since the majority of folks in the industry are just as guilty of this BS, they’ll do intellectual cartwheels and somersaults to justify the unjustifiable and defend the indefensible. They’re guided by financial expediency rather than principle.
In the process, they erode the trust of most newbies who enter the scene and at a time when we should be moving away from fracturing people’s dreams of building an online business with passive income, these guys accelerate the process and cause thousands of people to lose thousands of dollars and leave the scene with a bitter taste in their mouth.
As info-product creators, we make a few thousand per launch depending on how large your launch is. A hefty chunk of that goes to affiliates. The remainder is probably just nice to tide you… until your next launch. Or you keep sending emails promoting anything and everything you see… And they call this passive income. Right. My ass.
The truth of the matter is that most marketers launching products are on a hamster wheel constantly having to churn out stuff to keep moving. They have no assets. They’ve quit their day job only to do the same thing at home and work more hours. They do have some freedom… But that is still NOT passive income.
So, what then is passive income?
Passive income is income that will sustain you even if you take a break for a year. Passive income means that you don’t need to constantly launch products to stay afloat.
An authority site which has tons of traffic and sales is passive income. Rental properties are passive income. Even a damn loan shark has a passive income. Constantly releasing PLR products or make money online products is NOT passive income. I don’t care what anybody else says.
Many of these guys launch twice a month… I launch 3 or 4 times a year. Take a guess at who really has passive income.