... the skeptic arises: The idea behind smart passive income is to work hard once, create a product and sell it using an automated process, not having to invest any more time into that particular product ... compared to a nine to five job where you only get money when you actually do work ...
Pat postulates two formulas:
9-to5 ... time * wage = income... meaning you get only paid when you work. To get more income you need to work more or increase your wage ...
passive income ... product = income... meaning once you have a product you have income ... well, ... the product does not need maintenance? ... no updates? ... no continuous marketing efforts?
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