Hello and welcome to the very first official blog post. If you’ve already read the welcoming post, you’ll know a little about me and the journey I’m on. If not, you can check it out on the home page of the website.
As I write this, I’m currently one year and three months into my journey. The idea for Path 2 Passive came to me when I was 30, but it’s only recently that I’ve realised the benefits (and potential income) of documenting it.
Passive Income #1 – Agistment
My first passive income stream came about almost by accident. My partner and I had just bought a new house with three acres of flat, fenced land. Not long after, I came across a Facebook post from someone looking to agist their horses nearby.
Now, I knew absolutely nothing about horses (still don’t!) but figured it was worth a try. I told them the previous owners had kept horses on the property and invited them to take a look. They did, and before I knew it, two horses were grazing in my backyard — bringing in a tidy $60 per week.
Simple!
Within just three weeks of starting this journey, I had my first passive income stream established. I’ll share a detailed breakdown of this in a separate post: Income Stream #1 – Agistment.
Planning the Next Steps
With the first stream up and running so quickly, I had time to plan ahead. Through research (and a bit of brainstorming), I came up with a shortlist of potential income streams that fit my lifestyle:
- Selling eggs
- Writing an eBook
- Stock market investing
- Blogging
- Starting a YouTube channel
- Selling fruit and vegetables
I didn’t want to get too carried away at the start — after all, this is a 10-year journey, and overwhelming myself early would only hurt progress. But mapping things out gave me a clearer vision and helped me see which streams I might need to start earlier.
Long-Term Stream – Stock Portfolio
I already knew from experience that building a stock portfolio takes time. The earlier you start, the better. My plan was simple: invest any income I earned into shares that would eventually become one of my 10 streams.
Here’s the math:
- Target: $50 per week in dividends
- Required portfolio: around $65,000 in stocks
- Average return: 4% dividend yield
At first glance, $65K might sound like a lot. But with compound interest (and income reinvested along the way), this goal is realistic if the other nine streams succeed.
Passive Income #2 – Egg Farming
With the long-term stock plan in place, it was time to move onto the second stream. This choice was obvious: I already had chickens. My thinking was simple — “50 chooks take about the same effort as 5.”
So, Egg Farming became Income Stream #2.
Here’s a quick calculation:
- To make $50/week → I’d need about 10 cartons of eggs
- 1 carton = 12 eggs
- 10 cartons = 120 eggs
- On average, 23 hens can produce around 120 eggs per week
That means a flock of 23 chooks would hit my $50/week target (at $5 per carton). This is a conservative estimate, but the main goal early on is turnover and building a customer base.
For now, I’ve ignored the cost of feed and focused purely on the income side. Once I scale up, I’ll look into reducing costs — maybe even by growing my own organic feed.
Wrapping Up
So far, this journey has taught me two big lessons:
- Opportunities can pop up where you least expect them (like horses in the backyard).
- Planning ahead gives direction, but starting small keeps things manageable.
Two streams down — agistment and eggs — with plenty more to come. Next up, I’ll dive deeper into Egg Farming and share progress updates along the way.