Passive Income 101: Learn How to Make Money While You Sleep and Stop Trading Time for Money EP233
The fastest way to burn out is to keep trading your time and energy for money. Most of us weren’t taught there was any other way to make money, other than to be actively involved in generating it. This created the belief: If you want to be successful, you have to hustle and grind for it. I wanted that cash, that freedom, that success, so with my old belief system, I worked 12-14 hours a day, 6 days a week to get it. I was exhausted and miserable. Yes I made good money, but I was I too fried to enjoy or appreciate it. There is a MUCH EASIER way to generate the wealth you desire, and I had to learn the hard way so I could teach you a better way. Hear me on this; it is essential you create streams of passive income, where you make money without being actively involved. Examples of Active Income: live coaching or consulting, 9-5 job, personal training, public speaking, events, and retreats Over 90% of people only make money from active income. This has a cap on it how much you can make, as your time and energy is a very limited resource. This is usually when another false money belief pops up for people…”well it takes money to make money, so I can’t create passive income.” I’m going to share with you exactly how I started and built up multiple streams of passive income, to where it’s responsible for 70% of annual cash flow. Welcome to ProjectME the Podcast with your host Tiffany Carter, who takes the mystery out of making BIG money. A former NBC and CBS TV journalist, turned multi-millionaire entrepreneur, teaching you all things wealth, health, worth, and business. You can follow Tiffany on Instagram @projectme_with_tiffany on Facebook @projectmewithtiffany and watch her TV episodes on ProjectME TV with Tiffany Carter on YouTube.