Part 5/8:
Royalties from Intellectual Property: Successful music, literature, or television contributions can yield lifelong royalties, showcasing true passive earning potential, albeit with intensive initial effort.
Affiliate Marketing: This is one of the more viable options for generating incremental passive income through recurring commissions based on referrals, although it also requires ongoing engagement to maintain traction.
Each of these methods has its advantages and drawbacks, reminding potential investors that there truly is no set it and forget it method to income generation.