Well, maybe just not working and making money... if you have a product that needs no maintenance, you have someone that loves boats putting the boat in and out, and you have endless time to do other things.. It's pretty close
@@cncmarineboats How about I make myself a 3mx7m Plasma CNC and i can make a passive income making a passive income for people who want to weld flat packs together lol
@@cncmarineboats not even close. Needs no maintenance? You dont service your boats? You dont clean your boats? You dont build them? Passive income means putting something in motion and walking away never to have to touch it again and it creates perpetual income. That is clearly not happening here.
It’s all relative. To most people, commercial real estate qualifies as “passive income”, even though it requires maintenance, customer turnover, etc. Compared to selling boats, this income is certainly “recurring”, if not passive.
i think you misunderstand the meaning of the term "passive income"
Well, maybe just not working and making money... if you have a product that needs no maintenance, you have someone that loves boats putting the boat in and out, and you have endless time to do other things.. It's pretty close
@@cncmarineboats How about I make myself a 3mx7m Plasma CNC and i can make a passive income making a passive income for people who want to weld flat packs together lol
@@cncmarineboats not even close. Needs no maintenance? You dont service your boats? You dont clean your boats? You dont build them? Passive income means putting something in motion and walking away never to have to touch it again and it creates perpetual income. That is clearly not happening here.
They have no clue what passive income means.
It’s all relative. To most people, commercial real estate qualifies as “passive income”, even though it requires maintenance, customer turnover, etc.
Compared to selling boats, this income is certainly “recurring”, if not passive.