As the son of a small business owner, I realized at an early age that true financial independence only comes to those who own their own business. My father and his friends that were financial independent, all owned their own business.

And, not just any business, they all had businesses that made money even if they were not there. They could be out of town, or on vacation and their If they were sick or on vacation their business still made money, in business, we call this PASSIVE INCOME.

Passive Income is where you do not have to always be actively engaged to make money, it runs on autopilot.

You have to do a lot of work upfront, then some regular maintenance, but after that, it generates income on autopilot. It is like the investor who spends weeks or months researching an investment and then when they finally invest in that great deal, they get the return on their investment.

If you can set it up, Passive income is a pretty slick. True financial freedom is usually only achieved by those who figure out how to do it.

You can never be laid off, sick or injured. An example of passive income would be when someone has employees earning money for them or a website.

Money is made two ways online, advertising or selling products. With technology, both can be turned into passive forms of income. A website can be a great way to generate Passive Income.

And when that website starts to grow, you can be on vacation and making money or Passive Income!

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