Often, you see many ways to make passive income online. Some guru who looks like they already figured out life a bit more than you. Then you look into your wallet to part with your savings. Little did you know you are a tiny piece in the marketing puzzle driven by sales funnels, copywriting, and ads.
Think about it, if that guru is marketing to millions of people, what makes the idea unique or you, the buyer, special? There’s a saying, “If it’s popular, then it’s already too late”. So, if anything is marketed as “Done-for-you”, “Set-it-and -forget-it”, “Make 10x in X days”, “Double your investment”, there’s a 99% chance it’s scam.
So what should you focus on?
Learn something that will be with you forever - A skill. You can make money on demand, as much as you want, and within your control. The hairdresser or barber in your locality probably never worries about getting the next customer. The question of making enough is subjective, so even if you make $20k a month, you could still have unpaid bills. But a person with no skills faces far much worse. Most of the passive income ideas online require capital and the most profitable ones require consistent cash flow to monetize.
