The 7 Truths & Myths About Passive Income

The Tai Lopez Show - A podcast by Kast Media

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Problems hiring? Go to ziprecruiter.com/taifor a smarter way to hire for FREE!Visit netsuite.com/tai to download your FREE guide, “Seven Key Strategies to Grow your Profits”Go to stamps.com, and click on the microphone at the top of the homepage and type in TAI—to get a 4-week trial plus free postage and a digital scale without any long-term commitment.“Don’t ever let people oversimplify.” - Tai Lopez(click to tweet)Most of us got a job the moment we turned 16. Little did we know that this would program us to believe that employment was the only way to make money. Go into work, do what’s told of you, and a deposit will land inside your checking account every 2 weeks. On today’s episode of The Tai Lopez Show, we are breaking down income from a passive vs. active perspective. By addressing the myths and truths, we can distinguish between the two, and prioritize what our next venture should look like. Tune in to this episode, so you know how to find the balance between passive and active sources of revenue!Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“I personally don’t want 100% passive income.” - Tai Lopez(click to tweet)Points to Keep In MindSemantics means how you define the word, passive depends on your definitionThe active/passive income conversation is a false dichotomyThe truth is somewhere in the middle, not in the extremesStart your own Home Sharing Management Company (HSMC) on AirbnbSeek out affiliate digital marketing as another passive income sourceDon’t get paralyzed by overthinkingYour brain’s amygdala stores your fear/memoriesRead Civilization and Its Discontents Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.