Definition
Earnings derived from a rental property, limited partnership, or other enterprise in which a person is not actively involved. It is income that requires little to no effort to earn and maintain.
Why it matters (in Poovi’s context)
Enables financial independence and reduces reliance on traditional employment, aligning with goals of increased personal productivity and freedom.
Key properties or components
- Scalability
- Automation
- Minimal ongoing effort
- Initial investment (time/money)
Contradictions or debates
None.