Understanding Passive Income – According to Two Virtual Entrepreneurs!

https://www.youtube.com/watch?v=qeV4jp63IRo

Following on from last week’s video with Dan Andrews from TropicalMBA.com, where we discussed Virtual Entrepreneurship, this week we attack the time-honored subject of Passive Income.

What follows is another light-hearted collection of random ramblings on the subject, peppered with a few golden nuggets of information, and a massive amount of props to my buddy Pat Flynn from SmartPassiveIncome.com (including a special appearance from Pat, too!).

I’ve discussed the subject of making money online a lot on this blog, particularly on the VBL Podcast with guests such as John Chow, Pat Flynn, Chris Garrett and Glen Allsopp to name just a few. Why? Because passive income is a massively popular subject, and shows no sign of slowing down anytime soon.

We discuss many points in this video, and break down what it means to incorporate passive income into your life as a virtual entrepreneur in general. You’ll find that this conversation was a little more serious than the first one – however, we did still have a few more out-takes for you at the end, just like last time.

If you have any specific questions on the subject of passive income that you’d liked answered, just drop them below, and likewise – if there are things that are working for you online, when it comes to your income that you’d like to share, feel free below, too.

The ‘Passive Income Threesome’, with Pat Flynn (Part 2): Ideas for Different Types of Passive Income

Hey! If you’re visiting via the Smart Passive Income blog, thank you for dropping by. You’ll love the content that Pat and I have put together for this video series this week!

On Monday I posted the first part of this 3-part video clip series on the subject of passive income, that I recorded with good friend and fellow blogger, Pat Flynn whilst we were both in Vegas last month for BlogWorld 2010. We had some great feedback from it – if you contributed, thank you. In that video we discussed what passive income actually is as a business model and how it fundamentally works.

In today’s video myself and Pat discuss several different passive income streams ideas that anyone out there can get involved with almost immediately – as long as you’ve got something of value to bring people, obviously!

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The ‘Passive Income Threesome’, with Pat Flynn (Part 1): What Actually IS Passive Income?

First up, if you’re coming over from the Smart Passive Income blog, thank you for dropping by. You’ll love the content that Pat and I have put together for this series!

As some of you might already know, passive income is a big part of living what I like to call the ‘Virtual Business Lifestyle’. It’s a subject that we’ve discussed on the blog more than once, for sure, and one of the best-received posts we’ve done on the subject was the second edition of the VBL Podcast with Pat Flynn, from the SPI Blog.

Last month, as some of you may know, I attended BlogWorld 2010 (if you haven’t read my report and checked out the video, do so here). After striking up a great friendship with Pat this year, through our online entities, several Skype conversations and the fact that we share Filipino blood (well, kinda!), it was nice to sit down with him on more than one occasion to talk, eat, laugh and discuss business. It was one evening, however, when we spent a good amount of time together, that we shot this 3-Part video clip series on the subject of passive income, that I begin unveiling today…

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