Scott Allen ran a nice piece on passive income this morning over at Open Forum.  He takes a little time to talk to the sweetest of money you can make – the passive kind.  Sure you can inherit it, or find it in your couch cushions, or maybe pick up a random quarter on the street, but those all require various degrees of luck/chance or some decently rich relatives.  So if you don’t have that going for you and your couch cushions were only hiding lint and french fries, its time to step up to the entrepreneurial plate.

Scott does a nice job of laying out the definition of passive income – bascially that there are varying degrees of passivivity (that’s a word) but the main deal is that its money coming in without a lot of work required to “ring the bell” for every sale. 

The trouble with his post, and most entrepreneurial posts for that matter – is there arent any real specific ways of implementation.  Sure – the vague ideas of e-tailing, pyramid sales structures, and information selling are in there, but what I really need are the details! 

Unfortunately, you’ll never really find those.  Because if someone had the blueprint, they’d be doing it and not saying a peep to you unless they can turn that into passive income as well. 

My big advice would be to think about whatever business you are in.  How can you turn that into some sort of “how-to” manual that might be worth something to someone else, and then get it out on the web and sell it.  That’s far easier said than done, but its the basic premise behind tons of e-commerce businesses.