Been trying to do this for years, never really succeeded.
In 2016 i've relaunched https://www.interssl.com/en/ but when i'm being honest there are just too many support incidents. So i just can't call it passive income anymore - even if that was the initial idea.
The margin of sales without support basically just covers the cost for the orders that require heavy support. Remaining income is basically blown for advertising and maintaining the site.
My conclusions:
a) think twice about potential time killers - even if the core business model per se is passive, it might turn out to be time intensive ...
b) i'd rather not go into reselling something anymore but rather sell my own product, gives me more financial headroom.
In 2016 i've relaunched https://www.interssl.com/en/ but when i'm being honest there are just too many support incidents. So i just can't call it passive income anymore - even if that was the initial idea.
The margin of sales without support basically just covers the cost for the orders that require heavy support. Remaining income is basically blown for advertising and maintaining the site.
My conclusions:
a) think twice about potential time killers - even if the core business model per se is passive, it might turn out to be time intensive ...
b) i'd rather not go into reselling something anymore but rather sell my own product, gives me more financial headroom.
my 2 cents.