I’m looking to invest in a business that generates passive income. Any suggestions on the best types of businesses to buy for this? I’m open to any ideas, from vending machines to rental properties. What’s worked for you or someone you know?
If there was a truly passive way to earn money quickly, everyone would do it.
Any firm can become passive once it has scaled and streamlined its processes. In other words, front-load your work, accept a lower wage after a few years, and let someone else take over.
I always advice people to look into crypto currency even though it might sound like cliche. I have bought stocks in ETH and the returns have been quite commendable