The "Passive Income" trap ate a generation of entrepreneurs

https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

Article

  • Passive income grift (dropshipping, digital products, courses) consumed a generation’s energy
  • These schemes sold freedom but delivered dependency on the next scheme
  • Real wealth-building requires skill, relationships, and sustained effort

Discussion

  • Several commenters: Tim Ferriss’s 4HWW started this decades ago, article ignores that
  • Pushback: pursuing autonomy/freedom isn’t inherently a trap — the scammers are the problem
  • “It was an ouroboros that had incorporated in Delaware” called the best line
  • Counterpoint: rent-seeking and get-rich schemes predate the internet by centuries

Discuss on HN


Type Link
Added Apr 17, 2026
Modified Apr 17, 2026