Chris Koerner
π€ SpeakerAppearances Over Time
Podcast Appearances
Like, this has to work.
And it does.
It just does.
A lot of people are looking for passive income from side hustles.
And I wondered what your opinion was on passive income, because it's a word that comes up so often in the comment section of this channel.
But when we're doing sort of sentiment analysis on what people are, what they're interested in, passive income seems to be a bit of a buzzword.
Yeah.
It's the silver bullet, right?
It's the financial Ozempic, you could say.
What is passive income?
How would one define that?
I would define it as income that you receive that you don't have to continually put effort towards, like buying treasuries, earning 4% on your money, and you don't do anything, and you just get paid.
And it's very hard to find, especially early on.
Like we have to be willing to create active income, sweaty income, ugly income, like by whatever means necessary.
And the more we do that, the longer we do that, the more realistic true passive income actually is.
Sweaty, ugly income.
Give me an example of some sweaty, ugly income that anyone listening right now could create.
What are your favorite examples of non-obvious businesses that people have started that have resulted in passive, sweaty, ugly income?
Yeah.
I mean, most things that I've started have been just that.