Making passive income is no easy feat, especially for beginners who may feel that the project could be too demanding for them.
Instead of giving up, finding motivation can be of great help. Many famous and successful people leave behind bits of wisdom that you can use to motivate yourself.
What are passive income quotes? Most passive income quotes include phrases and sayings from successful and renowned individuals on the importance and benefits of saving money, making sound financial decisions, and having a passive income stream.
The article considers some of the most uplifting passive income quotes from successful people. Beginners and other passive income entrepreneurs face challenging situations that can be quite demotivating.
Let's have a look.
NB - It is important to remain motivated, persistent, and patient and reading a few quotes regularly can be a good starting point.
27. "If you do not find a way to make money while you sleep, you will work until you die." – Warren Buffet
26. "You can only be financially free when your passive income exceeds your expenses." – T Harv Eker
25. “The key to becoming wealthy is the ability to convert earned income into passive income or portfolio income as quickly as possible.”– Robert Kiyosaki
24. "The key to financial freedom and great wealth is a person’s ability to convert earned income into passive and/or portfolio income." – Robert Kiyosaki
23. "Residual income is passive income that comes in every month whether you show up or not. […] It’s one of the keys to financial freedom and time freedom." – Steve Fisher
22. "The moment you decide to make passive income and portfolio income a part of you, your entire life will change." – Robert Kiyosaki
21. "My dad was a very rich man. One of the things he taught me is to focus my efforts on making passive income and acquiring the right assets to provide long-term residual income." -Robert Kiyosaki
20. "The best time, to plant a tree was 20 years ago. The second best time is today." - Ancient Chinese Proverb
19. "Passive income earners are always looking for ways to add more value in the hands of the people. They want to be generous and want to share. In return society rewards them with passive income streams such that they earn even without having to work". – Steve Pavlina
18. “He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary.” -Mokokoma Mokhonoana
17. "I personally feel that a major benefit of having my expenses paid by passive income is the ability to work the way I want, how I want to, with whom I want to, when I want to, and where I want to." – Steve Pavlina
16. "You cannot have a million dollar dream with a minimum wage work ethic."- Unknown
15. "Don"t work your way up, work your way out!" – Warren Buffet
14. "Every day is our bank account and time is the currency. No one is rich nor poor. After all, we all got 24 hours!" – Christopher Rice
13. "Financial independence is all about having more choices."- Robert K
12. "My favorite things in life do not cost me money. One thing is for sure, it is clear that the most precious resource we all have is time." - Steve Jobs
11. "Your economic security does not lie in your ob. Instead, it lies in your power to produce, to think, learn, create, adapt, and overcome. It is not about having wealth it lies in the power to create wealth. It is intrinsic." – Stephen .R. Covey
10. "I remember saying to my mentor, if I had more money I would have a better plan. He quickly responded that if I had a better plan, then I would have more money. You see, it is not the amount. It is the plan that counts." - Jim Rohn
9. "More important than how we achieve financial freedom, it is the why. Just find your reason on why you want to be free and wealthy." – Robert K
8. "Making an investment should be like watching paint dry, or watching grass as it grows. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson
7. "The reason most people miss out on opportunities is mainly because it comes dressed in overalls and seems like work." – Thomas Edison
6. "If you really understood the power of residual income, you would be willing to climb and mountain placed in front of you for the financial freedom that awaits you on the other side." – Unknown
5. "You can only achieve true accomplishment by doing something you love. Do not make money the goal, instead pursue the things you love, and then do them so well that people cannot take their eyes off you." – Maya Angelou
4. "Never, stand begging for that which you have the power to earn." – Cervantes
3. "Money is only a tool. It will take you wherever you wish but it can never replace you as the driver."– Ayn Rand
2. "There are no secrets to success. The result is all about preparation, hard work, and learning from failure." – Colin Powell
1. "The secret to making a lasting financial change is to pay yourself first and then make it automatic." – David Bach
Each quote shares an idea on how you can make the most of your money, skill, experience to help build something worthwhile.
Managing a passive income stream requires constant motivation. We only hope that some of these quotes can give you that extra boost to keep you going despite your situation.
For instance, if you are considering starting a passive income stream, you might find some of these quotes to be very inspiring. If you are going through a difficult situation concerning your passive income venture, you might find some motivation asking you to persevere, think, and create lasting solutions for your challenges.
Related Questions
How can I stay motivated? You can start by reading some motivational quotes and sayings. Motivation is personal. What you might find motivating may not exactly be the same for another. It is important to search for motivation within you instead of expecting it to come from the outside.
Does creating and running a passive income source requires motivation? Every business idea (including passive income ideas) requires you to remain motivated if you want to succeed. Running a business is quite demanding. Motivation helps you to build character and to overcome challenges.
Where can I get motivational quotes for my business? You can find quotes online, from your mentor, online or sometimes in the most unlikely of places. You must be willing to listen and determined enough to go for what you want.
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