HOW TO EARN PASSIVE INCOME: Work from Home and Make Money by Peter Kibet Koech

CHAPTER ONE
INTRODUCTION
1.0 Introduction
This chapter will take you through the meaning of passive income and other
key terms used that are used in this book. Passive is when the earner uses
little effort to grow income. Creating an earning income passively stream is
far from easy. It takes an enormous amount of effort and investment of your
time with very little return in the beginning. It involves an overall sense of
frustration and an enormous learning curve. However, it's one of the most
worthwhile investments of your time that you need to engage in.
1.1 Active Income
Active income is income that is received after a service has been performed.
These include wages, income from businesses, tips, salaries, and
commissions. This is money that comes from active engagements. The
reason why it is called "active' is that one has to do something to earn it.
That is to say, there should be some duties and responsibilities to be done
for it to be considered active.

HOW TO EARN PASSIVE INCOME: Work from Home and Make Money by Peter Kibet Koech