The Untold Reality of Passive Income

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.8 • 1.4K Ratings

🗓️ 28 May 2023

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

CLASH OF THE TITANS - Go To moorevleeds.com to find out more In this episode, Rob breaks down all things passive income, including what it really is, common misconceptions and how you can make it work for you! Rob Reveals: Why passive income can be a scam Successful passive income takes hard work and time His formula for wealth What counts as an asset How to create sustainable, realistic income streams His thought on crypto Also featured: Why we need to talk more about money in society How to create ‘spinoff’ passive income building How to make yourself and brand an asset BEST MOMENTS “The easiest bullshit scam to peddle is passive income” “You have to work hard to not work hard” “You have to have fair exchange to build scalable and sustainable wealth” “When you're naïve, when your emotions are volatile and when you’re self-worth is low you’re more likely to fall for unrealistic schemes and scams” “I don’t do advice, I do experience” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 See omnystudio.com/listener for privacy information. disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

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0:00.0	Can you really build multiple streams of recurring income?
0:04.8	I am Rob Moore, host of disruptors and author of Money.
0:07.9	This is Harry Kumar, who is producer of disruptors and our interview host.
0:13.1	In this episode we're discussing all things passive income.
0:15.7	Is it real and legit or is it a scam?
0:18.4	How do you protect yourself from all the bullshit out there?
0:21.3	Can you really build multiple streams of recurring income?
0:24.8	Now money is one of my favourite subjects and I think we need to talk a lot more
0:28.7	about money in society and culture.
0:31.0	We need to change the way our education system is built around money.
0:34.8	Is passive income real or is scam?
0:38.0	Both.
0:39.6	So it's the easiest thing in world creation to sell.
0:47.4	So if you think about cosmetics and filters in the world of making people more beautiful,
0:56.1	the quick pill, the fat burner pill or the reduce and reverse aging cream,
1:06.1	they're really easy to sell and to oversell.
1:10.4	And in the world of business and entrepreneurship and starting a side hustle,
1:15.9	the easiest bullshit scam to pedal is passive income.
1:22.2	And what you have to ask yourself is if someone is peddling passive income,
1:28.7	do they have multiple streams of passive income?
1:32.0	Are they teaching you what they've done or are they teaching you as their mainstream of income?
1:39.6	So I've been a property investor 17 years and I probably had 50 properties,
	...

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