A couple of years ago I started a food blog with my mom (www.theyummylife.com). She does all the writing, and I do programming, design, and monetization. I spent a lot of time setting it up originally, but now it only takes a few hours each week of my time. Right now we're making $5000-6000/month after expenses, and I get 40% of that.
My main business (a bootstrapped SaaS startup) generates more than that, but the profits are mostly being reinvested back into the company, so I don't think it qualifies as passive income.
My main business (a bootstrapped SaaS startup) generates more than that, but the profits are mostly being reinvested back into the company, so I don't think it qualifies as passive income.