May 9th, 2007
Online Income VS Passive Income
They are not the same 
Some people had actually think that passive income is online income, this is not true. However, passive income can come from the Internet. Allow me to elaborate, online income can mean a lot of things such as taking up a freelance online job, writing articles or selling domain names. These are not passive.. simply because you have to constantly work for the money. The moment you stop working, so does your income.
There are many people working freelance and are earning a good amount of money. Some of the popular sites for freelance job are Guru.com, RentACoder.com and GetACoder.com.
Passive income is one that generates constant income even after you have stopped working. Some examples are investments (stocks, funds, real estates etc), royalties or through the Internet (PPC - Adsense, PPA - affiliate marketing etc). Most site owners generate passive revenue by utilizing Google Adsense program so as to profit from the traffic clicks on the advertisements.
The Power of Passive Income
Everyone of us only has a fixed amount of time per day. The only way to generate more income is to either work more / longer or charge more per hour rate. Charging more per hour can be impossible especially for normal employees. A feasible way is to leverage on the Internet to allow us to ‘work’ and generate revenue 24 hrs per day.
One great example that I always use is affiliate marketing. By setting up appropriate websites to promote others’ products, this can actually draw in a significant amount of passive income. Top affiliate marketers often earn up to USD $50,000 per month. I am currently experimenting in this industry and see how its working out for me 
In short, creating passive income streams is the way to go especially in this Information Age. Do share your methods for generating online passive income with me in the forum
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Comments
Yeah, online income and passive income are totally 2 different things. It’s great that you clarify that and cleared people misconception. But I guess you miss out one source for passive income online. It’s doing Internet Network Marketing. Works exactly like affiliate marketing but you can get residual income instead.
Alex Yeo
June 29th, 2007
i think we all should think about the vulnerability of 1 source of passive income.
we should diversity and generating multiple source of income…
i am sharing my learnings and thaughts at
http://passiveinternetincome.blogspot.com
check it out dude!
shrimphead
July 20th, 2007
There are a million and one ways of generating passive income.
The ways of marketing godfather Jay Abraham may be different and not suitable for everyone.
Besides affiliate programs, residual recurring income products or internet or offline network marketing, another source of passive income could be what Jay Abraham does…
That is, you empower other businesses to be successful, by giving entrepreneurs your time, energy and expertise, and instead of or over and above charging them your consultation fee, these businesses give you a share of their profits (i.e. a percentage equity) for life.
Dividends on shares is also passive income but that is another school altogether.
Mohamad Latiff
August 29th, 2007
Perhaps ?
برامج
September 18th, 2007
Hear ye Hear ye.
Passive Income =/ internet income.
At least most of the time. Unless u have other contributors to your blog or that you have a strong affiliate following that keeps promoting your product which is recurrent billing as well.
thanks for the post!
Paul
http://www.passivelifeincome.com
Paul
September 16th, 2008