The Passive Income Paradox

13/06/2023 19 min Temporada 1 Episodio 8
The Passive Income Paradox

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Episode Synopsis

I want to delve into a topic that has gained tremendous popularity but often comes with misleading messages: the Passive Income Paradox. Today, we'll have some real talk about the misconceptions surrounding passive income and why it's time to shift our mindset toward predictability.In our quest to scale our businesses, passive income stands as one of the most coveted methods. Who wouldn't want to make money while sleeping or leisurely sipping a margarita on the beach, as influencers would have us believe? However, the unfortunate truth is that many people misunderstand what passive income truly entails.Creating a sustainable "passive income" stream requires consistent effort, whether through investing time or money. It's crucial to dispel the misconception that passive income equates to a lack of involvement or work.In this episode, we will explore the nuances of predictable income and uncover the steps necessary to establish a reliable revenue stream. By embracing the predictability mindset, we can navigate the Passive Income Paradox and pursue a sustainable path to financial independence.We’ll cover:Shift from Passive Income to PredictableLeveraging Your Existing Client Base to Fuel Predictable IncomeSources of Predictable IncomeWhat about a Nutrition Concierge Program?Content Cure:>>CLICK HERE TO DOWNLOAD THIS WEEK’S CONTENT BUNDLE<<This week I am providing you with The Ultimate Guide to Creating Predictable Income. Your goal for this week is to review the guide and, after evaluating your practice and client base, identify a way in which you might leverage your influence and client success by establishing predictable income. For full show notes, head over to livingplaterx.comIf you found value in this episode, click the "Follow" button so you don't miss out on more support to help you grow your practice! Connect with me on Instagram and LinkedIn.Visit Living Plate Rx to learn how thousands of professionals just like you are growing their practices with our resources.Love this podcast? Write a review and give it a 5-star rating! I’d love to hear from you.