Building Passive Incomes Is Hard Work.

So if you have read my previous post about passive income and it all sounds great I am afraid to say the is a negative point. The bad news is that while getting money to work for you is great once it is all in place but often getting a passive income set up can be very hard work.

This is particularly true if you are trying to do it on-line where there is lots of competition or you are trying to build up a passive income fast. Usually on the internet you are less likely to end up getting money to work for you and more likely investing time that will continue to pay "dividends" long after you invested the time.

Time is your friend here, just consistently work building your passive incomes and you will succeed. If you can reinvest what you earn you will find you income grows much faster. For instance if you create a website that is earning a little bit each day take that money and invest it in shares to help build up an extra stream of income.