Gary Vaynerchuk: Passive Income is a Bulls*** Internet Dream

Love this. The lengths that people will go to believe in this fantasy are matched only by the cravenness of the sales pitches around it. You need to accumulate assets in order to generate large amounts of passive income. You need to work like a dog over many years and not spend in order to accumulate those assets. There’s no in between unless you win the lottery.

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  1. The Financial Post - Just another WordPress site commented on Aug 30

    […] New York, agreed with Vaynerchuk’s sentiments, and shared his own thoughts about the video on his blog. “You need to accumulate assets in order to generate large amounts of passive income,” Brown […]