347: The Myth of Passive Income and How You Can Still Profit from It

Many people believe that passive income will solve everything.  They don’t realize the price that needs to be paid to keep their personal brand recognizable through books, courses, and trainings. In this solo episode, I go into what passive income means to personal brands and how it’s different than what Robert Kiyosaki teaches in his book “Cashflow Quadrant.” When thinking of passive income, we often think of investing in real estate. But as you buy more real estate, more energy is required to keep making money. However, you don’t need physical property to make passive income as a personal brand. You can sell your intellectual property. Listen in for what I recommend to truly make a passive income. Get My Marketing Proposal Templates Save $150 on YATB Live Recordings You can now get the recordings from the event for $150 off! I want you to be able to experience the wisdom that speakers like Marissa Nehlson, Lauren Johnson, and Travis Chappell shared. Get all of the recordings, and some bonus sessions, for just $47: Click here to redeem this offer Brand You Funnels Info Session: I created an all-in-one online marketing and customer management platform for people who are ready to get real business systems in place. This includes calendars, customer onboarding, email marketing, online courses, and more. Every month I am hosting a free live training on how I’ve used this system to run my business. Learn more and sign up at brandyoufunnels.com. Get Your Free Audio Copy of You Are The Brand Today! Get the audiobook version of "You Are The Brand" absolutely free: http://www.mikekim.com/yatbaudio Get details on the physical book: http://youarethebrandbook.com/ Connect with Me on Social: Instagram LinkedIn Facebook Twitter YouTube Subscribe to You Are The Brand Here: Did you know? The You Are The Brand Podcast was recently listed as an “all-time bestseller” in Apple Podcasts for marketing. Subscribe free to get new episodes every Tuesday: iTunes Stitcher Spotify Podbean EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to Danny Ozment. Find out more at emeraldcitypro.com