100% true as work and time is required to make the passive income a reality. The funny thing is I don't see this as passive income as it will become more than that once you see the potential. The $50 becomes $100 meaning you work harder as you see the results and all of a sudden the $1000 will be within reach. When I thought of passive I honestly meant $200 or maybe $300 per month but that is too easy now and the targets are so much higher meaning more work which is thankfully pleasurable.
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It's crazy how quickly it can snow ball...Like you said, 50 becomes 100 VERY quickly!
!CTP