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The Chris Harder Show

474. Simple Ways to Create Passive Income

The Chris Harder Show

Chris Harder

Business, Entrepreneurship

4.91.5K Ratings

🗓️ 29 April 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

In This Episode You Will Learn About:

  • The importance of building a passive side hustle
  • The best passive side hustle choice
  • Getting over imposter syndrome
  • Finding free resources

 

Resources:



Show Notes:

Every person needs a passive side hustle. This is not negotiable. It's important to build something that pays you when you're not working, instead of your income requiring a large investment of your time on an ongoing basis.

Your financial goal should always be to get to the point where, if one of your income sources disappeared tomorrow, you would not have to change your lifestyle. Most people aren't there yet, but a passive side hustle — not a busy, time-consuming, expensive side hustle — is the way to get there.


Follow me on social media @ChrisWHarder on Instagram and check out chrisharder.me.

Transcript

Click on a timestamp to play from that location

0:00.0

You must build a life where if anyone, even if your biggest one,

0:05.4

went away. Your biggest income source went away today. You would not have to change your lifestyle

0:09.0

immediately tomorrow. Welcome everybody to the Chris Harder show where we are making you

0:18.0

unapologetic about your pursuit of success. Knowing that when good people like you make good money,

0:22.8

they can then do great things. My name is Chris Harder and several times per week. I will bring you

0:27.8

epic guests, solo episodes, and every single tool trick and skills that you need to grow your

0:32.9

business, grow your money mindset, and to grow your wealth to levels that you have never reached

0:37.3

before. I've ended up in a unique place in life where I've got the experience, the connections,

0:41.8

and all of the secrets that it takes to be successful. And I'm lifting the curtain to reveal it

0:47.0

all to you in an effort to help put you in a position of abundance so great that you can then be

0:52.5

as generous as possible. So let's lock arms and let's get started.

0:58.8

And we're back. With another episode of he said, she said, I'm so excited about today's episode.

1:05.2

Why is that? Because I know it's going to help so many people, and this was the start of everything

1:11.2

for us, what we're going to talk about. Well, it's going to be a wake up call for a lot of people,

1:14.4

which helps a lot of people, right? And that is, I feel like every single person needs a passive

1:19.8

side hustle period. It's no longer even a non-negotiable. And I think when people hear that,

1:25.1

there might be two camps of people. Camp number one says, yes, I know I do. Let's do it. Let's go

1:29.9

build one. And then camp number two says, oh, I'm already so busy. And I don't even have a spare

1:36.2

dollar and a spare minute. How am I supposed to create a passive side hustle? But neither camp,

1:41.3

neither camp. I don't think says, well, I don't need one of those or I wouldn't want one of those.

1:46.2

I guess I got to start, and you can tell I'll get passionate about the subject, but

1:50.1

I've got to start by even defining what it is. A passive side hustle means a little business

...

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