There’s No Better Time to Start a Passive Income Business than Now

The concept of passive income has been around forever. Since passive income does not have to be actively managed, it is much more scalable. This affords entrepreneurs even more time to pursue both active and passive income opportunities. I’ve started many of these businesses myself over the last decade, as well as helped others. With … Read more

Why Real Estate Investment is the Ultimate Adventure for Entrepreneurs

Have you ever been on a rollercoaster and felt your stomach drop as you plummeted down a steep incline? That feeling of exhilaration mixed with fear makes roller coasters so popular. But did you know that real estate investment can give you the same adrenaline rush? Investing in real estate can be a wild ride, full of … Read more

10 Proven Passive Income Ideas for 2023

There are many ways to generate passive income and change your financial future. Whether you want to earn just an extra $1000 per month on the side or go into something full-time and replace your current salary, different passive income ideas require different work and time. Upfront work is required, so don’t expect to get … Read more

How to Diversify Your Income Into Multiple Revenue Streams

This as-told-to essay is based on a conversation with Grace Ryu, a 23-year-old content creator based in Houston. The following has been edited for length and clarity. I quit my tech job in March 2023 to explore other income streams. My 9-5 took up too much of my time, and I wanted to focus on … Read more

Turn Your Creativity into Cash With This Home-Based Side Hustle

Opinions expressed by Entrepreneur contributors are their own. The allure of starting a home business has never been stronger, with many people either supplementing their 9-to-5 income or leaving their day jobs altogether to follow their creative entrepreneurial dreams. With the rise of easier-to-navigate ecommerce platforms and social media marketing, people are finding unprecedented opportunities to turn … Read more

How a Side Hustle Led to a $1 Million+ Passive Income Stream

This as-told-to essay is based on a conversation with Chris Haroun, CEO and founder  of Haroun Education Ventures . It has been edited and condensed for clarity. After I graduated from business school at Columbia, I worked at Goldman Sachs for five years. Then, I switched to the hedge fund industry, and Citadel hired me and relocated my family to … Read more

How to Make Extra Income While Working Full Time

Is your dwindling bank account impacting your health? The American Psychological Association (APA) released a survey showing that money stress impacts Americans’ health nationwide. And, as it turns out, the wealthy are also stressed about money — not just those in lower-income households. You can eliminate some of that financial stress by earning additional income, even if you … Read more