Creator Dictionary

Q: What is another name for Passive Income?

Passive Income is also known as: Residual Income, Automated Income. Revenue that a creator earns with minimal ongoing active effort after the initial work of creating the income-generating asset has been completed. In the creator economy, passive income sources include ad revenue on evergreen videos, affiliate commissions from linked content, and sales of digital products such as courses or templates. True passive income requires significant upfront investment of time and resources.

Q: How does Passive Income relate to the creator economy?

Passive Income is a Monetization concept in the creator economy. Revenue that a creator earns with minimal ongoing active effort after the initial work of creating the income-generating asset has been completed. In the creator economy, passive income sources include ad revenue on evergreen videos, affiliate commissions from linked content, and sales of digital products such as courses or templates. True passive income requires significant upfront investment of time and resources.

Definition

Revenue that a creator earns with minimal ongoing active effort after the initial work of creating the income-generating asset has been completed. In the creator economy, passive income sources include ad revenue on evergreen videos, affiliate commissions from linked content, and sales of digital products such as courses or templates. True passive income requires significant upfront investment of time and resources.

Related Terms

Monetization★ Featured

Passive Income

Definition

Related Terms

Ad Revenue

Affiliate Marketing

Diversified Income

Online Course

Digital Product

Evergreen Content

Print-on-Demand

Evergreen Video

Ebook

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