A Little Discourse On Real Passive Income

I thought I would put this down here as their are some sharp minds who would like to debate, ridicule, joke or even agree with my reasoning.

The only REAL path to truly passive income is Venture Capitalism. Before you click away though I am not really talking about the Rich Peoples version but something that we can all afford to do.

When I look at Shark Tank, my favorite TV show, I see a bunch of people who are all billionaires or have something approaching that. Now I am not going to pontificate on how they got there money much, some hard work, loans, a bit of luck. The fact is, they have it, they could all retire right now and live a life of luxury. but for some reason they choose not too. They probably just enjoy doing what they do, and good luck to them.

In no uncertain terms though. Whatever they put money into on Shark Tank is collectively a drop in the bucket for them. Just the interest on their core money probably covers the little investments they make each month. And, after investing, do they really help run the persons business, give advice?, nope, I'm sure they have teams of trusted people to do it for them. They just turn up now and again to have their mugs pictured with the success stories.

Cuban said that 30 percent of the business fail, that still means 70 percent don't. With moderate successes and really good ones I'm sure they get there money back, often many times over and it's ongoing until the product demand dries up. This could be years though. Sure, it's a risk when you invest in anything. But, their are risks that can be gauged well by experience as to be acceptable.

This is the closest thing to pure passive income I have ever witnessed.

So how can the rest of us benefit from that concept. We don't have billions to invest?.

Some of us think that when we go into IM we hardly have to work and can get riches overnight. That's not the case, unless we hit a rich vein of demand and get lucky. It's very rare. Most give up in a short space of time, disillusioned. Go back to working for others.

Using the Warrior forum special offers as a yardstick it boils down to, I have done this, I will teach you how to do it too. So you set about following their (sometimes lacking) instructions and if it does not produce results quickly, or get bored with it, you move onto another WSO. Over time, you may pick up some skills but not be earning and give up.

Then you get the We Will Do Everything For You offers. They will set up an excellent site or funnel based on a good product or service and when it gets to the end of the sales page they casually mention: And all you have to do is drive the traffic. Oh dear, heart sinks, not really doing everything for you is it! You don't have the money for radio or TV ad's either.

Funnily enough, recently, while thinking about this small scale venture capitalism Idea I had no less than 2 emails drop into my inbox with people offering to do just that. Do everything for you without the missing pieces. So they are out their. sure, a risk, but not so much of a risk that if I pay them a modest fee or monthly subscription that it would leave me destitute and broke. I am talking about spending money that you may have left over from working a job and if it does not work out you could cancel your subscription to the service. Even if you find an offer to set up a site or service that is appealing and you have to independently source traffic to it, (not talking about adwords here, more some company that would do it for you) then even that would be worth considering.

I am not talking about sourcing people in Thailand or something here, fraught with hazards. Just saying to a company, here's my site, send traffic to it. I will pay you. Check your ROI at the end of the month and if its not making a profit, cancel and move on.

Remember, I am talking about minimum work, passive income.

Considering the amount of people who venture into IM, open their wallets and shell out their money on course after course, and the failure rate is colossal. I would rather do the small investments into ventures like I have described above.

Your thoughts...