How to Turn Active Income into Passive Income with the Passive Income Operating System with Joey Muré
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 3 December 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
Joey Muré is Co-Founder and Partner at Wealth Without Wall Street, an online community that seeks to re-educate business owners & families on how money truly works. Wall Street is not just a street in NY, NY that puts Americans' money at risk but it is also a commonly taught mindset. Wealth Without Wall Street exists to help people who WANT to become Financially Free, without ever having to invest through Wall Street or becoming debt free.
Top 3 Value Bombs
1. Passive income is the money you created that will create money for you.
2. The key characteristics of the perfect place to store cash is it's liquid, it's protected and it's tax efficient.
3. Having financial freedom is when your passive income exceeds your monthly expenses.
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Sponsors
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Transcript
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| 0:00.0 | Boom. Shake the room, Fire Nation. JLD here and welcome to Entrepreneurs on Fire. |
| 0:07.4 | Brought to you by the Hubbyspot Podcast Network, the audio destination for business professionals |
| 0:12.0 | with great shows like truth, lies, and work. Today we'll be breaking down how to turn |
| 0:16.5 | active income into passive income with a passive income operating system. |
| 0:21.6 | To drop these value bombs, I brought to Joey Murray and to EOFire Studios. |
| 0:25.5 | Joey is the co-founder and partner at Wealth Without Wall Street, an online community that |
| 0:29.9 | seeks to re-educate business owners and families on how money truly works. |
| 0:34.5 | Wealth without Wall Street exists to help people who want to become financially |
| 0:37.7 | free without ever having to invest through Wall Street or becoming debt-free. In today, |
| 0:43.3 | Foundation, we will be talking about creating financial freedom, organized, storing, automating, |
| 0:48.6 | the key characteristics of the perfect place to store cash and owe so much more. And a big thing |
| 0:53.9 | of us sponsoring today's |
| 0:54.7 | episode goes to Joey and our sponsors. The Next Wave, your chief AI officer hosted by Matt Wolf |
| 1:01.2 | and Nathan Lance, is brought to you by the HubSpot Podcast Network, the audio destination for |
| 1:05.6 | business professionals. AI technology is transforming the way we do business and the media |
| 1:10.0 | landscape is fragmented. The Next Wave strives to be the leading podcast on AI technology is transforming the way we do business and the media landscape is fragmented. |
| 1:11.6 | The next wave strives to be the leading podcast on AI technology and how you can apply it to |
| 1:15.7 | growing your business. |
| 1:17.1 | Listen to the next wave wherever you get your podcasts. |
| 1:21.8 | Joey, say what's up to Fire Nation and share something that you believe about becoming |
| 1:27.4 | successful that most people |
| 1:29.2 | disagree with. What's up, Fire Nation? Man, I am so fired up to be with you today. |
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