Tuesday, November 05, 2013

Smart Passive Income #84 - Is your Idea good for Passive Income

This blog moved to a new location, please visit us at http://ramble.m2m.at.

How to know your ideas are good for passive income?

First remember the definition of passive income: Create a product once, setup an automated process to make money without further intervention ...
  • Do people need your product?
  • Does your idea scale? Does it matter if you sell it once or a million times?
  • Do you handle every order yourself (e.g. shipping, payment)?

No comments: