Active Vs. Passive Income
Growing and scaling a business can be tough- but definitely necessary. One of the best ways to effectively scale your business is to expand your various forms of revenue.
And the best way to expand your revenue streams without burning out is through passive income.
This prevents you from having to put a cap on your income potential.
Most of us learn how to make what is known as active income. This is income you earn by actively showing up and actively working. Meaning that when you don't work you don't earn. This is what your 9-5 is or when you work with clients one on one.
On the flip side passive income is money that you earn without having to actively show up and work for it. With passive income you put in the work on the front end and then it requires a small amount of work on the back end to keep the income flowing in even when you're not "working".
When you create a passive income you can expand your reach and revenue without exhausting yourself.
Plus you can make money in your sleep or on vacay like all the famous guru's you see online and it doesn't get better than that!
Whether you're looking to save time and energy, or increase your revenue or both learning to create passive income is a must. If you desire to learn how to make that happen join my upcoming workshop called Passive Profits.
