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The Secret to Working Less: Making Money That Doesn’t Depend on Your Time

  (Transcribed audio) Let's explore this critical idea of disconnecting from…disconnecting the personal time invested from the money that you earn.  Disconnecting your personal-work-invested time from the money that you earn.   It's absolutely essential. It's a central idea; it's a critical idea.   Whether you're Warren Buffett or 50 Cent, or literally anybody that hopes to retire; that plans to retire. That's the central element that makes it possible. Right?   At some point you want the money that you need in order to sustain your life and your lifestyle to keep coming in without you having to keep working for it.   That is what allows you to survive, and maybe even thrive, without working every single day. And if you…once you do that, once you have the money coming in without you working, then you can retire.   And if you never get to where money is coming in without you working, then you can never retire. Or you become dependent on somebody else. ...

A Personal Definition for Wealth

Rethinking Wealth When we think of wealth, the image that often comes to mind is an extravagant amount of money, a figure so large that it’s hard to even comprehend. But what if wealth isn't solely about having more money than you know what to do with? What if it’s not about money at all? By rethinking what wealth means to you personally, you might discover that attaining it is more feasible than you ever imagined. The textbook definition of wealth is "an abundance of valuable possessions or money." But let's delve deeper into this concept by examining two fundamental questions:      1. What is abundance?      2. What are valuable possessions? Understanding Abundance Abundance is defined as a very large quantity of something, but what constitutes a "large quantity" is entirely relative. For someone who grew up in poverty, an abundance might be $48,000 a year, the median American salary. For someone from an upper-middle-class background, it might take millio...

Passive Income MVP - Asset #3: Your email list

Now we get to your email list.   Understand the value of your email list. With social media and affiliate marketing, you could already be making money, so what's the need for an email list?  Here's the thing: Most tips about making money online focus on doing it fast by capitalizing on the latest trends and developments.  What you want to build is consistent money, scalable money, and resilient money .  The online business long game, the space where the most money is made, is about creating deep connection with your audience.  On top of that, it becomes a way to super-charge your business; whenever you release something new, be it a video, a new course, or a new product, you've already got people who want to hear what you say ready to go. How do we do it?   It takes a few things: 1. A link to a landing page.  This is a SIMPLE page that shows 2 things: what the visitor can get by entering their e-mail address, and a place to put their email a...

Passive Income MVP - Asset #2: Your Free Offer

The 2nd of 3 assets for our Passive Income MVP is a free offer . This is something  of value to your audience that you are willing to give for free. I've never made a free offer.  How does that look? A free offer gives more meaningful value than what you are already giving through your content, but can be a natural extension of that content. For example: A tool or template that you made for yourself to be more organized that you can give to other. Personal stories addressing how you overcame common pitfalls. An e-book detailing how to create or implement something. Music or visual art that you created. An ongoing newsletter that includes Daily encouragement. Success mindset tips Sharing your journey Reviewing the current media related to your content Ideas can come from engaging with your audience, or just from your own passion.  No pressure to get it perfect, because it can always be improved or replaced! The most important aspect of your offer is that is has to represe...

Passive Income MVP - Asset #1: Your Platform

  Asset 1 in the Passive Income MVP can make us money right away!           How?  By getting attention on our content and money making links.         There's no reason to not get started making posts on one of FREE platforms, today!  I want you to take action, so let's address some of the barriers. 1. "I don't know where to post.  YouTube, TikTok, LinkedIn, Pinterest, there's too many options!" First, it doesn't matter.  Every platform has people, so every platform is can work.  I suggest doing what's most comfortable, because it'll be the one that's easiest to start and grow. Second, use YouTube.  I know, I just said it doesn't matter, but it matters enough to include YouTube no matter what.             I'll make a whole article about why but the short of it is this: longevity .  Better than any other platform, YouTube content has the potentia...

Simple (and Free) Passive Income Blueprint

 I'll skip the intro. Here's a simple passive income system that you can create 100% for free, and start building immediately. The system require you to create 3 assets.  If you focus on these, you can find all of the information you need to make them happen. Asset 1: A consistent, meaningful online presence. What does that entail? An online presence: Have a place online where people can come and see something you've put there.  The important part is that it's yours.  You'll have opportunity to make it as big and as awesome as you want it to be, but the important part is creating it and using it.  You can do that today. Meaningful: After someone visit's your online space, they should be clear on what they got from the visit, and what they will get if they come back.  They are free to take it or leave it, but it's clear what they are taking or leaving.  This is often referred to as "choosing you niche." Consistent: Regularly add content to your onli...

The Reason You Work

  Why do you work so hard to get money? Take a minute and answer that for yourself. I'll bet that your reason would fall very nicely into these categories: to take care of yourself to take care of the people and things that are important to enjoy life as you see fit This is important to make clear to yourself.   The answer is insight into something waaay more important than money: your values . Earning money is supposed to facilitate connecting you to what you value. But here's another question: How much time do you spend investing in and enjoying what you value? Let's Make It Plain Here's the problem.  If I say that the things I truly value are my family, my friends, giving to others, and enriching experiences, then I would expect my life to reflect that. But is that the case? Let's say you spend 8 of your best waking hours each day working, plus 1-2 hours getting ready for, and traveling to and from work. That's 40+ of your best hours each week, when you'...