The Online Investing AI Blog

Passive income is often touted as a work-free, pain-less, time-agnostic way to earn money.

The logic goes like this: You employ a few vehicles that can earn money on a 24-7 basis. You can invest and earn money through trading or dividends. You can create a blog or web site. You can do some affiliate or search engine marketing.

And, alakazam, you make money.

It works. Or, it can work.

But passive income does require four distinct phases that do require your attention and due diligence.

Research
Researching your market and defining your strategies will take some time and effort.If you want to use dividend-producing stocks to create passive income, for example, you need to find the best, safest stocks that produce steady dividends.

Set-up
Depending on your choice of tools, there can be some set-up time, too. Setting up a blog might not take a lot of time, but an affiliate web site may take some doing.

Building
When it comes to web-based passive income, building traffic can be a slow, lumbering process. People who go from zero to thousands of visitors in a few weeks are the exception, not the rule. Generally, you’re constantly experimenting with what works and what doesn’t work to build more visitors to your site.

Maintaining
Even after you have built your passive income empire, you’ll need to maintain the business. It probably won’t touch the nine-to-five obsession, but it won’t be work-free either.

So, the goal with a passive-income business isn’t necessarily no-work; it’s work you can do and time you can spend when and where you want to. It’s also work that you enjoy–or, at least don’t mind.

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