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Messages - scithe

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1
It can’t be passive in the USA.

I can’t speak for other countries, but you are doing actions to get the income.

Even if you do it with a bot you had to set the bot up which makes it active.

That's not true at all.  With your logic there's no such thing as passive income.  I can't just passively open a bank account and collect interest because I had to open the bank account.

Please see the post above yours for HOW one would passively own a dropshipping business. 


2
I own a few in my domain portfolio and I've sold a few.

I am just curious if anyone else is holding any or selling them?  I am surprised there isn't more discussion about them already but I was also unable to use the search feature of this forum...perhaps because I am a new member.

3
Entrepreneurship , Business & Online Work Forum / Re: UPWORK VS FIVERR
« on: April 15, 2024, 04:51:40 PM »
The last time I was on Upwork they had actually added a gig section with pricing similar to Fiverr.

4
I think the better question is how can it become passive income?

A store needs new products as old ones become unavailable. So you'll need to hire someone to source new products and remove the old.
A store should advertise either through content creation or through paying for advertising.  So someone will need to do that.
Someone also needs to be able to handle any customer service.
Someone needs to keep track of the sales, profits and expenses and file taxes.

All you have to do is pay your people to do these jobs and that's pretty close to passive.

5
I have used Fiverr for over a decade as a buyer but I have never offered services there.

I actually just hired someone for a $5 gig last week.  What is different now is they've added their fees onto the buyers cut.  So I actually had to pay $7.67.

In the past I was mainly using Fiverr to find content writers and I had some mixed results.  In 2010-2011, the AI and content spinners were limited but even so, there were people trying to churn stuff out as their own and it was pretty badly written.

If someone is offering a gig, you may also find 2-3 other sellers with exact match descriptions.  If you are paying someone for a service, how do you know who the original offer writer is--especially when that description includes their credentials and skillset.

As inflation continues to rise, Fiverr will probably need to rebrand otherwise people might be resentful when they are paying $20 for a $5 gig.

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