Learning how to earn money online with passive income can be difficult if you do not have experience or mentors to teach you how to do it.
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So, what is passive income? For this video, we are going to refer to a cash flow that is deposited in your bank account, PayPal, or that is verified every month or week without having to do much after configuring the system. Some online entrepreneurs consider this residual income, but the idea is the same. Rich Dad Poor Dad taught how to get rich by accumulating income-generating assets, and we'll cover some excellent online methods in this video.
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Now you must understand the great difference between two types of content. The first one is called Skyscraper, and that's because the traffic, the interest and the money graph look like a skyscraper. A lot for a couple of days, and then it comes down to cents. The second type of content is called Evergreen, and like the tree, it stays fresh and valuable throughout the year. My "how to get more videos from YouTube subscribers" will get views and will add value to life in at least 5 years from now, while the video of my friends from him making a rare change of bottle will not. Evergreen content offers you money every day, every week, every year for the rest of your life.
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Video credits to Practical Psychology YouTube channel