Hey, this is Leo, for actualized.org.

And in this video, I'm going to tell you the truth

about passive income is a really interesting thing and if you're studying material or products on how to start your own business

maybe you want to start an online business, maybe you want to start an online business, maybe you want

to start an offline business, you know, whatever you want to do. One of the things you hear

talked about a lot when you're doing that, just getting started is the whole passive income thing.

And there's this ideal, kind of this holy grail that everybody talks about, which is passive income.

And now that I've been in business for about five years for myself, I live primarily off passive income.

I used to live a lot more off passive income than I do now.

Now I have a little bit more active income now that I do one-on-one coaching.

But the passive income thing, so I've learned quite a bit of money with passive income,

and I have a couple of ideas, just some thoughts that you should understand about passive income,

because I think that some of the stuff out

there that you can watch on YouTube or anywhere else can be a little bit misleading.

There's really three main points here that I want to make about passive income. Number one is

that it's awesome. It is awesome. Number two is that it's not really as passive as you're

told. And number three is that it's dangerous. And I really want to cover why it's dangerous and some of the traps and pitfalls of passive income.

Because when we start off, if you're working a salary job if you're working a 9 to 5

job the way that I was before I started my business then you're probably thinking

like well passive income that means what that I get to sit at home in my underwear and do nothing and I'm still getting income and that's basically what it means it means that if you're on vacation

You're still getting income it means that if you're on vacation you're still getting income. It means that if it's Christmas

or if it's a labor day you're still getting income. It means that if you go on vacation somewhere

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