particularly like the definition of passive Income given by
a blogger (Willy Lim from The Financially Free Advisor) at
Leadsleap blog.
He commented the difference between Active and Passive Income,
which I couldn't agree more.
The difference between active income and passive income
is somewhat like the difference between planting vegetables
and planting fruit trees.
Planting vegetables : you get to prepare the land, sow, fertilize, water, harvest and sell them within weeks, but you have keep
doing it or your income stops. That’s active income.
Planting fruit trees: you still prepare the land, sow, fertilize, water, but you have to wait 3 years before it starts to bear fruit and you can harvest and sell it. This is Passive Income.
The difference between Active and Passive Income is you need only
to do it RIGHT once! After the fruit trees bear fruit, you just have do a little maintenance (like watering and adding fertilizer) and you get all the fruits you want!
Of course..not all fruit trees requires 3 years to bears fruit; the
same goes to passive Income. At Qyao,to join as members is FREE and you receive $15 just for signing and testing the system.
For a limited period now (w.e.f 16Aug08), to upgrade to Elite Members at $10 per month for 3 months, you are entitled to $150 bonus !!
Opportunities in Qyao ranges from :
* seach engine submissions (which can generate easily $30 per day),
* Online advertising activation (generates up to 50% profit on the
amount in Advertising account) ,
* traffic generation (multi tier that can come over a few thousands
in about 3 months) and
* from referrals.
Do check this brilliant from of passive income and you DO NOT have to wait 3 years to harvest from your fruit trees !
