Passive income quotes can keep you inspired, even when the chips are down. So we’ve put together some of our favorites. Some of these quotes don’t directly relate to passive income, but certainly have some cross over and relate indirectly.
Passive income is a holy grail for many entrepreneurs. It’s the end goal of many business plans: to keep the cash flowing in, without having to work for it (or at least not much). But the journey to that magical place is often long and arduous, and it’s easy to get lost along the way.
The Path to Achieving Passive Income Is Full of Road Blocks
The setbacks can be immense and can often break your spirit if you’re not resilient. But never forget why you’re doing this. The reasons you’re fighting tooth and nail to get your business off the ground. Because once you achieve that goal, it’ll all be worth it. But you have to work through lots of setbacks and difficulties to get to the final goal.
To help you stay focused, or have a renewed focus, we’ve compiled a list of our favorite passive income quotes. These words of wisdom come from some of the world’s most successful entrepreneurs, writers, and businesspeople. Hopefully, they’ll give you the push you need to keep going.
And if you’re looking for a path to create a passive income, learn our take on the best way to create a passive income.
Passive Income Quotes to Remember
“The greater the passive income you can build, the freer you will become.”
– Todd M. Fleming
“You can only be financially free when your passive income exceeds your expenses.”
– T. Harv Eker
“If you do not find a way to make money while you sleep, you will work until you die.”
– Warren Buffett
“The worst thing you can do is get a second job. The best thing you can do is start a home-based business.”
– Dave Ramsey
“Never depend on a single income. Make investment to create a second source.”
– Warren Buffett
“Patience and perseverance have a magical effect before which difficulties disappear, and obstacles vanish.”
– John Quincy Adams
“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.”
– Mark Twain
“You can’t connect the dots looking forward; you can only connect them looking backward. So you have to trust that the dots will somehow connect in your future. You have to trust in something; your gut, destiny, life, karma, whatever. This approach has never let me down and has made all the difference in my life.”
– Steve Jobs
“Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid for your personal efforts alone, but for the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial and time freedom.”
– Steve Fisher
“Money makes money. And the money that money makes money.”
– Benjamin Franklin
“Compound interest is the 8th wonder of the world.”
– Albert Einstein
Summing Up Passive Income Quotes
While building passive income streams may not be easy, it’s worth it in the end. These powerful words of wisdom can inspire and refresh your resolve to achieve your goals. So don’t give up; keep pushing forward, and eventually, you’ll reach that coveted prize of a stable, passive income.
And if you’re looking for some top training on how to create a passive income for life, click to see our recommendation for training.
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