#83 5 Things You Need To Know About Passive Income
I used to think that passive income was simply earning money in a way that isn’t proportional to the time you put in. And while this is true on the most basic level, what I didn’t realize is all the other stuff that comes with passive income and how the journey affects you.
Episode Highlights
I used to think that passive income was simply earning money in a way that isn’t proportional to the time you put in. And while this is true on the most basic level, what I didn’t realize is all the other stuff that comes with passive income and how the journey affects you.
Here are a few things that I’ve come to realize throughout this journey that I hope you’ve learned as well.
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Episode Breakdown
It’s true that passive income can result in time and freedom. But getting to that point is going to require one of three things, either time, money, or energy.
With any sort of investment, any sort of passive income venture that you have, whether it’s a business, whether it’s investing in real estate, whether it’s doing this kind of thing, know that it will take time and with persistence, you increase your chances obviously of creating success and it’s not going to happen unless you continue to have persistence.
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