708. Simple Ways to Create Passive Income

Earn Your Happy

Lori Harder

Entrepreneurship, Business

4.8 • 2.8K Ratings

🗓️ 27 April 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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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: ownit64.com 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. One of the greatest opportunities for creating a passive side hustle right now is course development. The way people want to learn is changing forever. They want to move straight from Point A to Point B, and that’s what courses do for them. They’re not as intensive to build as people think, and once it’s launched, it will start selling while you sleep. It’s time to take your future into your own hands. The world is too dynamic to rely on just one source of income.

Transcript

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0:00.0	Thanks again to growthday.com for sponsoring this podcast.
0:03.8	Growth Day is the world's number one self-improvement system.
0:07.1	It has all the tools, motivational classes and life coaching you need to fulfill your
0:11.6	potential.
0:12.6	If you love journaling, tracking your habits, setting your goals like I do, and learning
0:17.3	from inspiring motivational speakers and wellness coaches, then you're going to love growth
0:22.9	day.
0:23.9	I teach on growth day every single month and I'd love for you to join me on the app.
0:30.2	Go to growthday.com for a free trial.
0:32.6	Join 300,000 people making self-improvement away of life.
0:36.7	Visit growthday.com to start your new life with a free trial today.
0:41.3	I hope to see you there.
0:45.7	You must build a life where if anyone, even if your biggest one, went away, your biggest
0:51.9	income source went away today, you would not have to change your lifestyle immediately
0:54.9	tomorrow.
0:59.5	Welcome to the Earn Your Happy Podcast.
1:02.2	I'm Lori Harder, founder of LightPink, bestselling author, three-time fitness world champion, and
1:07.3	I'm a crazy, multi-passionate entrepreneur.
1:10.3	My journey has taken me everywhere from being a broke waitress, barista, retail associate
1:16.4	and personal trainer with massive anxiety and no belief in myself to later becoming
1:22.4	a multi-millionaire in love with my life.
1:26.2	In 2007, my husband and I lost everything.
	...

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