Tag: business
The Biggest Book on Passive Income Ever 4!
How do some people get to live the life of their dreams? They get to travel where they want and buy whatever they desire. Their lives seem impossible to obtain, especially if you are in the nine-to-five daily grind. But I am here to tell you that you can remove yourself from the rat race…
Passive Income: Royalties vs. Automation
Today we have a showdown between two of my favorite passive income sources; royalties and business automation. Both of these passive income sources fall under the business pillar of our Retirement 4-50 plan. For a refresher, Retirement 4-50 consists of four separate pillars- retirement income, investment income, rental income, and business income. Read the book…
How to Build Passive Income from Royalties
“Passive Income” are the most important words in our financial vocabulary. These words help us separate ourselves from the act of making money. However, it takes hard work to build that initial product that will in-turn create passive income for us. I like to separate our passive income journey into four categories: Retirement (pension, TSP,…
8 Reason to Start a Micro Business
Starting a business is a big deal. So big in fact that most people are too intimidated to even try. But not every business has to set the world on fire. It just needs to help YOU achieve F.I.R.E. There are many reasons to start a small business. In this case, I will focus on…
5 Takeaways from “Dirt Rich”
I love surprises. I had never heard of this book before yesterday but it was on my Amazon recommendations once I finished my last book. Wow, I glad that I read it. “Dirt Rich” by Mark Podolsky is a book based on land sales with a huge undertone of financial independence. In fact, at some…
5 Takeaways from “How to Start & Run Your Own Bed & Breakfast Inn”
You can tell by the title of the book what business I am looking towards in the future. After reading this book, I do not want to run a full-on Bed & Breakfast Inn, however, I can take many elements from their business model. “How to Start and Run Your Own Bed & Breakfast Inn”…
Automation: And Your New Business
Running a business is great. Collecting passive income from a business is far greater. But how do we set ourselves up to collect passive income from our new business start-up? It takes critical-thinking, specifically in the initial planning phases. When you are starting a business, you need to map out your goals from the very…
Going to start a business with my kids
The more I study the wealthy, the more I want to adopt some of their methods. The rich buy cars and houses for their children and also ensure that their children have a college education. The wealthy do this as well but also have businesses where the children will be hired and promoted within the…
