I am a 30 year old UK Based IT Consultant and Internet Entrepreneur. I have been building websites for as long as I care to remember. Over the last three years I have developed an interest in generating additional income.

Recently I have found bloggers like JonnyFD and Matthew Woodward which has taken this interest even further with it now becoming an interest in generating the holy grail – Passive Income.

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Passive income is an income received on a regular basis, with little effort required to maintain it. The American Internal Revenue Service categorizes income into three broad types, active income, passive income, and portfolio income
https://en.wikipedia.org/wiki/Passive_income

 

With that in mind, I am trying to develop a whole heap of different Passive Income streams without putting all of my eggs in one basket and not copying anyone else. So that I have my own story to tell you when i have achieved the holy grail.