The Trick to Creating Multiple Streams of Passive Income EP200
If you want financial freedom versus getting rich, most of your fresh income needs to be passive.
Otherwise you end up being a slave to your business, which you created in order to have more freedom and flexibility in your schedule and life.
I know because this is what the first 7 years of my business felt like. Eventually, this lead to a major health crisis, which forced me to stop the presses, and have to learn an entirely new way of living and operating my business.
Fast-forward five years and now 70% of my fresh income is passive. Meaning, it requires very little regular effort to generate that income. 30% of my income is active, meaning I trade my time for money (ie. Coaching, speaking, sales training, podcasting).
This is freedom my Posse, and this is what I want so badly for all of you.
Let me teach you how to start incorporating passive income into your life and brand.
Remember it is one small step at a time. I started with investing an extra $200 a month into the stock market….then I started selling other people’s products as an affiliate marketer, then I added my own products, and it all has now compounded into dozens of streams of passive income flowing in each month.
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.