Chibson
VIP Contributor
There is no doubt that creating passive income both online and offline requires some level of knowledge and skills and also some level of patience in order to achieve it.
But not with standing there are a lot of people that have been able to create passive income both online and offline because they put in some level of work and consistency. Creating passive income in the offline space requires a lot of monetary investment and a typical example is if you want to build a rental property.
You need to invest a lot of money and on the long-run you can be able to make passive income without even much skills. But in the online space you need a lot of skills and knowledge and not necessarily money for you to create passive income for yourself.
So the difference between creating passive income online and offline is that in the offline space you require a lot of capital and not necessarily skill but in the online space you require a lot of skills are not necessarily capital.
If you want to start ebook publishing online for example you don't need money to get started instead you need skills to write books that will make sales and generate passive income. So in your own opinion which is more preferable and easier?.
But not with standing there are a lot of people that have been able to create passive income both online and offline because they put in some level of work and consistency. Creating passive income in the offline space requires a lot of monetary investment and a typical example is if you want to build a rental property.
You need to invest a lot of money and on the long-run you can be able to make passive income without even much skills. But in the online space you need a lot of skills and knowledge and not necessarily money for you to create passive income for yourself.
So the difference between creating passive income online and offline is that in the offline space you require a lot of capital and not necessarily skill but in the online space you require a lot of skills are not necessarily capital.
If you want to start ebook publishing online for example you don't need money to get started instead you need skills to write books that will make sales and generate passive income. So in your own opinion which is more preferable and easier?.