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John C.
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What’s your definition of passive Wendy?

Income can be generated by leveraging your time or your money.

If you have lots of cash or equity, you can invest it and passively make about 10% per annum. You can invest in shares, realestate or private companies – as long as you choose well any of them can make you passive income without too much ongoing effort.

Do you mean the “make money while sitting on a beach drinking Pina Colada while not risking anything” type of passive income? No, that doesn’t exist except in the imagination of some smart internet marketers!

Cheers,
John