Round Table | I Don't Think I'm An Entrepreneur. How Can I Create Passive Income?
Passive income is an excellent way to generate extra income, whether you have a side hustle or a small business venture that gives you additional cash flow each month. With passive income, you can have money coming in even while you pursue your nine-to-five job. Then, when you can finally build up a solid passive income stream, you might want to leave your full-time job. Either way, a passive income gives you that security. If you think you must be an entrepreneur to create passive income, that's not exactly the case.
Tune in and hear Joey and the Financial Freedom Coaches share their thoughts about the following:
What is an entrepreneur?
Do I need to become an entrepreneur to create passive income?
Where can I create passive income regardless of being an entrepreneur?
And more!
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05:00 - What are your thoughts on this: “I don't think I'm an entrepreneur. How can I create passive income?”
08:45 - “I don't think I'm an entrepreneur. How can I create passive income?” – Has that thought ever come to your mind?
11:43 - How do you define an entrepreneur?
13:33 - Is our goal to create value for other people, or is it to get to financial freedom, or are those things aligned or at odds?
14:08 - Would you change or add anything to this definition of an entrepreneur?
14:59 - Does someone need to become an entrepreneur to become financially free?
30:51 - What are some practical places people create passive income regardless of being an entrepreneur?
38:07 - Did you think of yourself as an entrepreneur when you opened a short-term rental in the mountains?
40:20 - Any specific ideas on creating passive income regardless of being an entrepreneur?
43:14 - What are your final thoughts?
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