HOW TO CREATE MULTIPLE STREAMS OF PASSIVE INCOME AS A FREELANCER | The Ambition Show Podcast | Episode 36

The best way to stop trading your time for dollars is to develop multiple streams of revenue that create passive income. Today, that is precisely what we are going to do. By the end of this show, you should have at least one new revenue stream identified.

 

1. PASSIVE INCOME: WHAT IT IS AND WHAT IT AIN'T 
   • What is passive income
   • Biggest misunderstandings
2. HOW TO MAKE IT AS AN ENTREPRENEUR
   • Create. Sale. Earn
   • Ownership

 

WHAT TO READ

The Guide to Passive Income: How Affluent Investors Build Generational Wealth” by Andrew Lanoie

 

• In an unprecedented time, millions realize they can no longer count on just their 9-5 job or one income stream. These pages contain the exact strategies Andrew Lanoie used to retire from the rat race in his 30s. And he will teach you 11 of the best income-generating assets available today. What Andrew is talking about is truly passive income. The kind you can make in your sleep. The type that trickles into your account each month or each quarter, regardless of whether or not you even get out of bed. Only by generating this kind of income can you achieve the type of financial freedom and wealth to enjoy life on your terms. With enough passive income, you can stop living a life of worry and start living one filled with abundance, confidence, and tranquillity.
• Three (3) key takeaways from the book and how it helps the listeners
  • This book was written and published during the pandemic, so the 
  • This book is perfect for understanding how different assets can generate passive income and how to get started. You do not need to be a seasoned investor or someone that has a working knowledge of investing
  • Not trendy. As an investor, especially one serious about creating long-term gains and consistent income, trendy topics or investment instruments are the opposite of what you want. Andrew goes in-depth about all the methods of generating passive income, starting from day one.
• How to purchase the book
  • https://www.amazon.com/Guide-Passive-Income-Investors-Generational/dp/0578882213/ref=asc_df_0578882213/?tag=hyprod-20&linkCode=df0&hvadid=533302342524&hvpos=&hvnetw=g&hvrand=18243791418063818373&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9021744&hvtargid=pla-1384106414322&psc=1

 

TAKE-A-WAYS = FREE OFFER(S)

• Learn about investing on STASH: https://www.stash.com/learn
  • Subscribe to the YouTube Channel: https://www.youtube.com/@theambitionshowpodcast
  • Create your eBook from start to finish in Canva: https://www.canva.com/templates/?query=ebook

IMAGES USED

• Video by Anna Nekrashevich: https://www.pexels.com/video/marketing-businessman-person-laptop-6794223/
• Video by Monstera Production: https://www.pexels.com/video/digital-art-showing-profit-maximization-6282186/
• Video by Tima Miroshnichenko: https://www.pexels.com/video/shiny-black-car-6873503/
• Video by Luis Quintero: https://www.pexels.com/video/close-up-view-of-a-camera-on-blur-background-1998560/
• Video by Anamul Rezwan: https://www.pexels.com/video/construction-site-1197802/
• Video by Pixabay: https://www.pexels.com/video/crane-856350/

 

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