Passive income doesn't exist. Someone is always working. The speaker argues that low-labor income only comes after years of building systems and doing valuable work for people, and that chasing shortcuts is selfish. Focus on contributing value instead.
Passive income doesn't exist because someone always has to be working for it. There is no system in which money is just made. There can be passive income for you after you set up systems for other people to be working in that thing. And that takes years to create. Passive income is not a thing that is just set up and then it is there forever. Passive income comes as the result of there being a business that exists that operates and does really good work for a core group of people. Passive income can only come on the other side of a lot of good, hard, intentional work that is in service to other people. People want to bypass that part and get right to the passive income. That's selfish. You'll get to it much faster if you think about contributing value to a group of people. And then over time that can grow into very low labor income. We need to make low labor income a thing. Screw passive income. It's not real low labor income. Let's get on board with that.
