4.8 • 3.8K Ratings
🗓️ 15 November 2024
⏱️ 18 minutes
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#838 Passive income is a myth. That might sound weird coming from the "passive income guy," but many people misunderstand the path to success and financial freedom. This is what's stopping them from building a thriving business! I just stumbled upon a mind-blowing example of this on X. Paddy Galloway, a YouTube expert, shared a DM from a teenage fan who was ready to shut down his channel after investing months and thousands of dollars in online courses and hiring editors. Listen to today's session for my reaction to this exchange because it perfectly illustrates why people struggle with building an audience! When the kid fessed up to not even being passionate about making videos and just being in it for the money, I lost it! This episode is a reality check for anyone chasing passive income without a genuine desire to help others. Show notes and more at SmartPassiveIncome.com/session838.
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0:00.0 | What does the future hold for business? Ask nine experts and you're going to get 10 answers, |
0:04.3 | bull market or bear market, inflation's up or down. Can someone please invent a crystal ball? |
0:09.3 | Until then, over 38,000 businesses have future-proofed their business with the NetSuite by |
0:14.0 | Oracle, the number one cloud ERP, bringing accounting financial management inventory HR all into one |
0:19.7 | fluid platform. |
0:24.4 | With one unified business management suite, there's one source of truth giving you the visibility and control that you need to make quick decisions. |
0:27.6 | With real-time insights and forecasting, you're peering into the future with actionable data. |
0:31.7 | When you're closing the books in days, not weeks, you're spending less time looking backwards |
0:35.0 | and more time on what's coming next. |
0:37.2 | Given the opportunity to do enterprise resource planning, NetSuite is what I would use. |
0:42.1 | Whether your company is earning millions or even hundreds of millions, |
0:44.9 | NetSuite helps you respond to immediate challenges and seize your biggest opportunities. |
0:49.5 | Speaking of opportunity, download this CFO's guide to AI and machine learning at netsuite.com slash |
0:54.7 | SPI. The guide is free to you at net suite.com slash SPI. NetSuite.com slash SPI. |
1:01.4 | Let's talk about the balancing act of running a business. So you're here to make a difference, |
1:05.0 | but it's easy to get lost in the mess of juggling all the tools, one for payments, another |
1:08.4 | for scheduling, another one for email, but then you're constantly switching between all of tools. One for payments, another for scheduling, another one for email, but then you're |
1:11.6 | constantly switching between all of them. And it's hard to keep your focus on what truly matters, |
1:15.4 | right? Serving your clients and growing your vision. And that's why I'm excited to share |
1:18.6 | Stan store with you. Just smartpassiveincome.com slash Stan, S-T-A-N, bookings, courses, payments, |
1:25.2 | all in one simple, powerful platform. No more bouncing around |
1:28.3 | between tools or feeling overwhelmed. With Stan, your business stays streamlined and stress-free, |
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