Listen ""Planning for Passive Income with Your MSP""
Episode Synopsis
In this episode of The Distraction Advantage, Shannon Stone focuses on the concept of passive income. As an entrepreneur, Shannon discusses how established businesses can move beyond simply generating consistent income to achieving capacity, freedom, and scalability through the development of systems and assets that generate revenue without the constant input of time and energy. From repackaging their knowledge into downloadable templates, online courses, e-books, to entering reseller programs and referral or affiliate marketing, Shannon highlights the vast opportunities for passive income. He emphasizes that while setting up these passive income streams takes upfront work, they provide long-term financial security and flexibility, enabling business owners to take breaks, reinvest in growth, or pursue new ventures. The episode concludes with a teaser for the upcoming end-of-season episode.
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ZARZA We are Zarza, the prestigious firm behind major projects in information technology.