#83: 5 Things You Need To Know About Passive Income

0

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.

Here are a few things that I’ve come to realize throughout this journey that I hope you've learned as well.

PIMD End of Year Community Survey

Passive Income MD wants to know who YOU are, so we can better serve you and give you the best resources and opportunities to achieve financial freedom and create a life you love. This is also a way for YOU to get to know and better understand this amazing community that we all form together. 

Take 5-10 minutes to fill out the survey here and you will be entered in a raffle for a $50 Amazon gift card and a chance to spend a virtual Happy Hour with Peter Kim in 2022! 


Wish you could watch any of the content from previous Leverage & Growth Summits or PIMDCONs? You still have time to get a massive discount (over 50% off) on your purchase of a VIP All-Access Pass for our past conferences! 🎁 The sale ends today, Monday 11/29 at 8:59 pm PT!

Here’s a breakdown of how this episode unfolds…

[2:51]

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. 

[9:42]

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 things, 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. 

Subscribe & Review in iTunes

Hey there – are you subscribed to my podcast? If you aren’t, please show your support of the show by doing so now. I don’t want you to miss a beat, so if you’re not subscribed, there’s a good chance you’ll miss out on those. Click here to subscribe to iTunes!

If you’re one of our super special listeners, I would be really appreciative if you also left me a review over on iTunes. Those reviews help other people find my podcast. Why not spread the insight to help other physicians and professionals on their passive income journey? Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know why you enjoy the show so much. Thank you!

OTHER WAYS TO ENJOY THIS POST:

Download a Transcript (coming soon!)  

Download on iTunes 

Join the Passive Income Docs Facebook Group

Join the Passive Income Professionals Facebook Group


Journal Club 6-26-20 Investor Club