Misconception of Passive Income and the Importance of Core Market

Achieving passive income requires significant time, energy, effort, and work to reach a state of supposed 'passivity.' Many successful individuals and companies focus on a core market, emphasizing intense focus on one primary area where they can excel, rather than seeking multiple streams of income. The core market approach has been demonstrated by tech entrepreneurs and successful companies like Microsoft, Apple, and Sony, who have achieved their success through a specialized focus on their core market. The concept of passive income is debunked by the example of Richard Branson, who despite owning multiple companies, is actively involved in their management, indicating that there is no true passive income in the way it is commonly perceived.