Different stages involved in generating Passive Income!

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Different stages involved in generating Passive Income:

1: Work hard, No Income
2: Work hard, less Income
3: Work hard, average income
4: Work less, High income

How can We generate Passive Income?

This is a very commonly asked question and there are different stages involved in generating a passive income, as mentioned above.

The stages mentioned above clearly indicates why many people fail.


The duration of the above mentioned stages is directly proportional to the ‘Right Efforts’ that we put in.

Please note: In the above sentence I have mentioned ‘Right efforts’ and not just efforts.

Success in generating passive income will be dependent on how people sustain and hold on through the different stages.

During a survey, 100% people answered saying that they are willing to generate a Passive Income source. However, 80% of them quit in the first 2 stages. And from the rest 20% who reaches the 3rd stage, 50% of them quit then and there.

This is why, we see very few wealthy people who actually accumulate wealth.

In other words, to make it clear, Accumulating wealth and earning money are two different things.

Earning money is something that almost every one of us do. But the problem here is, many of us do it through active income – jobs, traditional business, specialists, etc.

As said, the biggest drawback is, we hardly enjoy the income we earn, because we have to trade our time for money.

Accumulating wealth is where we are enjoying the time and money as per our wish. Wherein, we are not trading our time for money. As mentioned, there are many trades like that. For example: Blogging, Network marketing, content creation, you tube, etc.

These people can utilize their time and money  as per their wish.

They even earn when they sleep.


What is the secret of generating passive income?

Consistency in efforts.

You know, the funny part is we all know about being consistent. And that will lead us to success.

But the challenge is we are not able to practically implement it. 

We all work for a better future, but very few do it consistently day in and day out.

When we start our journey in creating passive income, we are going to go through the 4 different stages.

There is no shortcut for this. Read hell lot of books, but with out practically being consistent you are not going to succeed.

The main work that we need to do is analyze which stage we are in and keep the consistent efforts in place.

Many a times, you will feel like quitting. Trust me, you will.

In such cases, stop and analyse which stage we are in and continue our consistent efforts till we reach the stage 4.

Don’t Miss to Read- The Secret: Money.

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Jaqueline Standen
Jaqueline Standen
3 years ago

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