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Making Money Online with Lisa Johnson

Bonus Ep - A frank discussion about the problem with selling passive income

Making Money Online with Lisa Johnson

Lisa Johnson

Business, Entrepreneurship, Marketing

5.0567 Ratings

🗓️ 9 March 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Welcome to this bonus episode of Making Money Online where I want to share a very frank and honest conversation about the problem with selling passive income and why the term 'passive income' is so triggering to some people.

Joining me is my business partner, Abigail Horn, who when she first heard about me and saw the work I was doing actually didn't have a good reaction to my content and was a sceptical follower.

And it's not the first time I've heard this. 

There are people who think I must be exaggerating about my launches or the success my clients have because how can you work less, but earn more? 

So today I want to talk about what passive income is, what it's not and how to take what you already know and make money from it without trading time for money.

What You'll Learn In This Episode:

- Why passive income doesn't mean passive effort, it's just a different way of working. 

- What I think a better name for passive income would be to move away from the misconception that passive income means you don't have to work.

- How you can leverage your skills or knowledge to help others without trading your time for money.

- Why adding a recurring revenue stream to your business can help you have more time and more freedom. 

Resources:

- Download my FREE Launch Strategy Guide

- Visit my website www.lisajohnson.com

- Follow me on Instagram @lisajohnsonstrategist

- Follow me on Facebook @lisajohnsonstrategist

- Subscribe to my YouTube channel 

- Join the Race to Recurring Revenue

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to Making Money Online with Lisa Johnson, the podcast that tells you what it really

0:09.2

takes to build a business and the simple steps to get you there. I'm determined to share with you

0:13.9

the reality of easy, simple business marketing tips to make passive income so that you can start

0:19.5

making money online.

0:29.3

Making money online is sponsored by Nicola J Rowley PR, helping entrepreneurs and brands get visible through strategic storytelling. If you're serious about being seen and impacting the lives

0:34.0

of others, harnessing the power of PR is the best way to grow and scale your

0:38.3

business. Visit NJRPR.com for more details and read Nicola's bestselling book, The Power of

0:46.4

PR. Hello, we've got a little bit of a bonus podcast going on. I haven't done a bonus podcast

0:52.4

for a while, but sometimes I'll be having a

0:54.8

conversation with a friend and I'll think, we need to talk about this on a podcast. And so I stopped

0:59.8

the conversation and go, let's do this on a podcast, which is what we're doing today. So I've got

1:04.1

Abigail Horn with me here. Now, you know, I've already. She's been on the podcast before. She's one of

1:09.3

my business partners in authors and co.

1:13.0

And, you know, she's she's well known in this industry now as being somebody that helps female entrepreneurs get themselves known.

1:21.0

So the reason I wanted to bring Abby on is because we were talking about how, and actually Abby has admitted this herself on her own

1:29.3

pages and her own posts, that when people first meet me or hear about me, generally they don't

1:39.7

have a good reaction at first. Abby's not the only person to have said this, by the way. There's many

1:44.8

people that have. So Abby, talk me through when you first saw me talking about the raised

1:50.9

recurring revenue and passive income, what you saw. I heard about you from my clients. So this is a

1:58.2

little bit twofold because I hadn't sort of seen you myself. I was hearing about you from my clients. So I think one of the immediate things that comes up is on I do an in office. This is something wrong with me. What I, what aren't I delivering that you think you need to go and get elsewhere? So there's this little bit of self-sabotage of why do you need to work

2:17.8

with somebody else. I don't do that now, but I did at the time, like I was really protective.

2:23.2

And the second thing was that they were just raving about it for helping people make this

...

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