Episode 7
Exploring the Art of Passive Income: Insights and Strategies May 8, 2023 with Rachel Jimenez
Rachel explains that active income involves trading time for money, while passive income involves putting in upfront time and effort to create something that can generate income long-term. However, she cautions that the term "passive income" can be misleading because it does require some level of ongoing work, such as marketing and maintenance.
Listen on Spotify Recommendations from this episode The Bridgerton Series by Julia Quinn
Book, at 56:27
"no or hearing that their idea is bad but again it will just save you so much time in the long run I have more to say but I will let you go to your third book and then this is the fun one at like the Bridgerton series um I'm a romance novel fan so that one those are just super fun for me and I think it's like you can read all these business textbooks all days long and then you stay up till midnight because your brain is just"
The New Business Road Test by John W. Mullins
Book, at 53:29
"I would say it's directly analogous to the question you state is the question you answer right are you trying to answer all the wrong questions in your life you know so I love that yep the next one is the new business road test which this one Gareth and I so Gareth is how we know each other but we both read this in our entrepreneurship classes so these are very like textbooks Bookie I'm sorry but they're really good good but it's"