Do You Need Skills To Generate Passive Income?

[Good-Person]

Earning passive income refers to a process where you tend to make money by investing money. Usually such kind of methods do not generally need a lots of skills. This is because you may need to depend on others in order to do that. For example, when you get involved in crowd funding, then you may depend on others because they are the ones who use their skills to generate income. Do you also need skills in order to do that?

 

[tray59]

Earning passive income refers to a process where you tend to make money by investing money. Usually such kind of methods do not generally need a lots of skills. This is because you may need to depend on others in order to do that. For example, when you get involved in crowd funding, then you may depend on others because they are the ones who use their skills to generate income. Do you also need skills in order to do that?

Earning online required that we have a skill if you don't have a skill definitely dear you can't really work online,even the paid to post forum which we are working on here need our skills to type better grammar

 

[Nomad]

In order to generate passive income, you need two things, one, skills, and two money. If you have both, it will be easier for you to build passive income, however, if you have just one of these, you can still generate passive income. By utilizing your skill, you will have to create your product and service to make passive income, or invest money and generate passive income.

 

[Grant]

I'd say you need some skills to figure out ways of gaining passive income. It's not easy to find income that comes without much work. But you have to do work to find this passive income, because it's not easy to find ways of gaining passive income these days.

 

[tray59]

I'd say you need some skills to figure out ways of gaining passive income. It's not easy to find income that comes without much work. But you have to do work to find this passive income, because it's not easy to find ways of gaining passive income these days.

Yes even what we are doing now it's our skills that we use to work here anything online need your skills,once you have the set skills you can really make a lot of money which will surprise you online,for instance if you want to work on upwork and Fiverr you must have an isolated skills which can bring you income from those platform

 

[Good-Person]

I'd say you need some skills to figure out ways of gaining passive income. It's not easy to find income that comes without much work. But you have to do work to find this passive income, because it's not easy to find ways of gaining passive income these days.

Skills are required whether you are generating money in a passive manner or if you have opted for a real, active job. However, since many people do not have the right kind of expertise, they usually depend a lot on others. This is why they usually hire professionals who could help them earn profits and generate passive income.