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Anonymous

Hey I am on Medial • 1y

I know a lot of us want to start their own startup but before that I think we should work hard and create a passive source of income that can generate 2-3 lacs of profits every month. This should not take any badwidth of ours after it is established and then we can focus on new and larger ideas without worrying about monthly expenses. Diving into a startup without cash in hand/funding will always distrurb your mental peace. Correct me if I am wrong. This passive source can be an agency, a small shop somehwere in your city doing a traditional business. Or trading (trading takes time although). But you get the point. Let me know if I am think on the correct lines or if I am wrong.

13 Replies

Replies (13)

Anonymous 2

Hey I am on Medial • 1y

Easier said than done.

2 Replies

Anonymous 5

Hey I am on Medial • 1y

Having a rich dad helps solve this issue immediately xD

1 Reply

Anonymous 4

Hey I am on Medial • 1y

That's why you should at least do a job first, save some money and then jump into a startup.

1 Reply

Anonymous 1

Hey I am on Medial • 1y

Agreed but creating a passive source which can generate 2 lakhs a month is not easy and might take upto 3-5 years of hardwork.

1 Reply

Anonymous 6
•

Bosch Global Software Technologies • 1y

I did tried this it not only take mental peace but also the pace of your work.

Baqer Ali

AI agent developer |... • 1y

One more thing if you are creating passive source then you should also create a social media distribution in that time. Which can help and reduce a huge amount money for marketing of the company

Rishab Gupta

Entrepreneur • 1y

Yes, bro you are correct...

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