Passive income is a hot topic these days.  There are many myths about this holy grail of entrepreneurial efforts in starting and running small businesses.  I thought I would debunk a few myths about passive income:

1. Passive income is easy-- Not true.  Actually, there is a great deal of work, planning, organizing, and maintenance that goes into a successful passive income business.  The "easy"part that other see is usually after the entrepreneur has poured their blood, sweat, and tears into a successful venture
2. Passive income is hard-- Not true.  Granted as just discussed, there is a great deal of upfront work involved.  True a good passive income business can be set it and forget it, if you get it "right."  The thing is "right" is usually arrived at after much trial, error, and readjustment until you have a smooth running system-- a machine
3. Passive income is impossible to achieve-- Not true.  Achieving passive income is difficult, but not impossible.  It requires a good idea and even better implementation.  It requires a system or process that can work day and night-- with or without you
4. Passive income will get you rich quick-- Possible, not probable.  Yes, it can happen, but more than likely, the real money is built over time.  If lightening strikes for you-- congrats, but watch that the success is not a short-lived flash in the pan.  Nothing worthwhile is every easy-- it takes some effort

If, as a Defensive Entrepreneur, you seek passive income, don't be discouraged-- just be sure you eyes are wide open and your expectations are in line with reality.

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