Have you ever considered a Passive Income Challenge? I ask because it might just be the number one complaint I hear from my clients is that they are always just trading time for money.
I know a lot of readers of my blog sell physical products, so I have to ask you, do you have any passive income or digital products to go along with them?
One of the keys to building a sustainable business, that doesn’t burn you out, lies in the ability to leverage your time by creating passive, recurring income.
Now, that doesn’t mean you don’t have to work. In fact, building up that stream of passive income will take a lot of work indeed. But once you create the systems, you can leverage them over and over and over again to create a steady cash flow that no longer depends on you and your time.
Just imagine the freedom that would bring! And it’s not that difficult to do, with just a little planning…
For the month of December, this is what I am going to be focusing on. Helping you plan and create a Passive Income.
Of course, you love your clients, you enjoy helping them solve their biggest problems and watching them succeed. You genuinely like the work you do, whether it’s helping out with a technical glitch, or talking a client through a tough mindset issue.
But no matter how much you love your chosen field and those you work with, two things are holding you back:
- You—just like everyone—have limited hours available
- If you aren’t working, you aren’t earning money
By definition, these two limitations put a cap on your earning potential. And while you may not want for anything—you may, in fact, be leading a wonderful, blessings-filled life—you still cannot make the impact you want to make, simply because you’re lacking in either time or money.
If you’re working all the time, then you have precious little time to…
- Volunteer
- Travel
- Enjoy your kids and their growing up years
- Pursue a hobby
- Learn a new skill
- Or anything else you’d like to spend your time on
And if you aren’t working, well, then you have less money for…
- Family vacations
- Charities
- Church
- Education (for you or the kids)
- Exciting new hobbies
- Or whatever else makes your heart sing!
It’s a true catch-22, isn’t it? You need to work more to earn the cash to build the life you desire, but the life you really want can’t be had if you’re working all the time.
The answer? Passive income.
Ask any successful entrepreneur, and they’ll tell you that having multiple streams of income is a game-changer.
As I mentioned above, this isn’t a way to never work again. In fact, building up that stream of passive income will take a lot of work indeed. But once you create the systems, you can leverage them over and over and over again to create a steady cash flow that no longer depends on you and your time.
Just imagine the freedom that would bring! And it’s not that difficult to do, with just a little planning…
This is why for the final month of 2020, I will be focusing only on helping YOU create a passive income stream that is right for your business.
There are 3 ways you can make sure not to miss a single day!
1. Join the Leave the 9-5 Facebook group.
Each day I will be going live inside the Facebook group to talk about how and why you should be adding passive income to your workflow.
2. Sign up for the daily emails.
Sign up on the Passive Income Challenge page and Each day, you’ll get an email from me with a tip or a strategy designed to help you learn about the importance of adding passive income streams to your business model.
3. Keep an eye on the blog.
Every day for the full 30 days, I will be posting here, on the TVS Blog what you need to know about creating your passive income.
Finally – If you realized that in order to reach your goal you’ll want to set aside time to really create your passive income streams! Then you’ll want to consider the 30 Day Passive Income Challenge Fast Track option. More on that will be available on launch day!
So – set your calendar, join the group or sign up on the page and get ready to start creating multiple income streams!
See you on December 1!