Passive income is a form of income that requires little to no effort to maintain and generate. It’s a dream for many and something that can bring financial freedom and stability. To help inspire you on your passive income journey, we’ve gathered 47 of the most motivational and thought-provoking passive income quotes from business leaders to entrepreneurs.
These quotes will give you the drive and motivation you need to start building your own passive income streams.
Let’s dive into 47 motivating passive income quotes to keep you going!
You can only be financially free when your passive income exceeds your expenses.
Money makes money. And the money that money makes, makes money.
To get rich, you have to be making money while you're asleep.
If you do not find a way to make money while you sleep, you will work until you die.
Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.
Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish.
The secret of getting ahead is getting started.
Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom.
Compound interest is the 8th wonder of the world.
Never depend on a single income. Make investment to create a second source.
Success is the child of drudgery and perseverance. It cannot be coaxed or bribed; pay the price and it is yours.
Your economic security does not lie in your job; it lies in your power to produce – to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth.
The worst thing you can do is get a 2nd job. The best thing you can do is start a home based business.
The goal isn’t more money. The goal is living life on your terms.
Success usually comes to those who are too busy to be looking for it
Residual income means never having to start over.
If you can’t stop thinking about it, don’t stop working for it.
There are no secrets to success. It is the result of preparation, hard work, and learning from failure.
Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble
If your determination is fixed, I do not counsel you to despair. Few things are impossible to diligence and skill. Great works are performed not by strength, but perseverance.
The greater the passive income you can build, the freer you will become.
The path to success is to take massive, determined action.
The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income.
The best time to plant a tree was 20 years ago. The second best time is today.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income…passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
Shop for assets, not sh*t.
To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis.
Money has the power to buy you things. But a much bigger power of money is in generating more money for you. Those who are able to manifest the latter, are never short of it.
Wealth like a tree grows from a tiny seed. The first copper you save is the seed from which your tree of wealth shall grow.
Some people want it to happen. Some wish it would happen. Others make it happen.
It’s what you practice in private that you will be rewarded for in public.
He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary.
I am a slow walker, but I never walk back.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
When people ask me what “American Pie” means, I tell them it means I don’t ever have to work again if I don’t want to.
You are too valuable to work a 9-5 job for 50 years.
Landlords grow rich in their sleep without working, risking or economizing.
The poor and middle class work for money…the rich have money work for them.
The key is to work extremely hard for a short period of time (1-5 years), create abundant wealth, and then make money work hard for you through wise investments that yield a passive income for life.
I remember saying to my mentor, ‘If I had more money, I would have a better plan.’. He quickly responded, ‘I would suggest that if you had a better plan, you would have more money.’. You see, it’s not the amount that counts; it’s the plan that counts.
You cannot have a million-dollar dream with a minimum wage work ethic.
If you want something, go get it. Period.
The most effective way of bringing in passive income is educating people.
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
I personally feel that the #1 benefit of having my expenses covered by passive income is that I get to keep doing a lot more of the kind of work I enjoy. I also get to work the way I want to work – where I want, when I want, how I want, and with whom I want.
There are people less qualified than you, doing things you want to do, simply because they decided to take action.
In conclusion, passive income is a crucial aspect of financial freedom and stability. By inspiring and motivating you to take action, these quotes can help you take the first step towards building a better financial future.
Whether you’re just starting out on your passive income journey or you’re well on your way, these quotes will provide you with the inspiration and drive you need to keep pushing forward.
Remember, it’s never too late to start creating passive income streams, and with the right mindset and approach, you can make it a reality.
Take these quotes to heart, and let them be a source of inspiration and motivation as you work towards creating the financial future you’ve always wanted.
Don’t wait any longer. Start taking action today and build the life of your dreams!
