Part 5/10:
In a recent video, I touched on my experience with passive income from a book I wrote. Some viewers mockingly questioned my monthly royalty earnings of approximately three pounds, missing the underlying principle of such income streams. The essence of passive income is not its immediate monetary value but its potential for growth over time.
It cost me virtually nothing to write that book; my investment was merely time and effort. Unlike traditional income, once a passive income source is established, it can potentially generate money indefinitely without ongoing input.