Passive income is highly sought after these days especially by defensive entrepreneurs in their moonlighting side gigs.  The question on many people's minds is what is the ideal passive income?

I don't intend to tell you the "best" passive incomes sources in this post, rather I intend to share with you some of the characteristics to look for . . .

Passive income is ideal when it:

• Involves the customers coming back for more of the product or service
• Stimulates people to tell friends, family, and associates about the product or service
• Is automated for the entrepreneur
• Is an automated, regular purchase for the consumer

These are just a few of the characteristics a defensive entrepreneur needs to look for in the "ideal" passive income situation.

Like this post? Check out the related posts for more information.  You can also get email notification of new posts in your email by subscribing.  Your email address won't be used for any other purpose than to send you notification of a new post.

Related posts:
Wealth Creation and "Assets"
Passive or Residual Income
Creating Income Producing Assets
The Best Essay on Creating Wealth I Have Read So Far . . .