Many people believe that passive income will solve everything. They don’t realize the price that needs to be paid to keep their personal brand recognizable through books, courses, and trainings. In this solo episode, I go into what passive income means to personal brands and how it’s different than what Robert Kiyosaki teaches in his book “Cashflow Quadrant.”
When thinking of passive income, we often think of investing in real estate. But as you buy more real estate, more energy is required to keep making money. However, you don’t need physical property to make passive income as a personal brand. You can sell your intellectual property.
Listen in for what I recommend to truly make a passive income.
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If you like this podcast and are thinking of creating your own, consider talking to Danny Ozment. Find out more at emeraldcitypro.com