Tag: Financial Independence
The Average Millionaire has 7 Streams of Income
The average millionaire has seven streams of income—how many do you have? My wife and I will reach $1 million in our dividend portfolio in roughly five more years. However, we are not obsessed with becoming millionaires. You see, we are just following the steps that I laid out in my book “4 Steps to…
New Year’s Passive Income Resolution 2022
Happy New Year 2022! (Pause) Now it’s time to get to work. This year we have a big mission to complete. You can call it a goal or a resolution—the name doesn’t matter. We will take life seriously and build a passive income stream of $100/month by the end of 2022. “But Josh, $100/month is…
S.E.O. and Your New Business
How do you like getting things for free? Well, I know I love to receive as many freebies as I can. When it comes to business, the primary way to draw people to your product is through advertising. Most advertising you will have to pay for, but there are other ways to get free attention.…
Multi-Generational Investing
Becoming rich isn’t as difficult as people make it seem. Basically, you need to stay out of debt, live below your means, and invest your money. Every dollar you earn should have a mission to make you more dollars. My parents raised me to work hard for money and pay expenses, and the rest is…
Write Product Reviews for Passive Income
Do you love shopping? Do you love writing? Okay, so probably yes to the first one and no to the second one. However, if you can combine both of these things, you can start a nice passive income stream for yourself. Writing product reviews is one of the best ways to utilize a website or…
Start an Automated E-Commerce Business
Who wants to be a millionaire? We need to be careful because there is a lot of hype around the E-commerce business, especially when it comes to Amazon FBA. Today, I want to look at running an e-commerce business and converting it into an automated business for passive income. E-Commerce is the buying and selling…
Start a Passive Ecommerce Business
Starting an online business is all the rage nowadays. It’s understandable because who wouldn’t want to work from home and make tons of money. Of course, if it were only so easy, right? Today, I want to dig into not just running a successful e-commerce business but a passive e-commerce business. I am all about…
The Metaverse 101: Enter the Metaverse
I have completed many written series over the last year I have been blogging. However, none may be more vital to investors than the one I am writing today about the metaverse. We are still in the very early stages of Web 3.0, and we will need to leverage everything we have learned about investing,…
5 Takeaways from “Ecommerce 101”
“E-commerce 101” by Francois Maingret is especially valuable as we slowly transition from Web 2.0 (social media-driven) to Web 3.0 (the metaverse) and all that entails. Every transaction we make in life is some form of business, so understanding how businesses function is vital as investors. I started my web business roughly 18 months ago,…
CryptoCurrency 111: Real Estate Tokenization
The world is an exciting place, and every day it grows bigger, at least digitally. I just finished reading my first book on the metaverse, and boy, are we in for a ride. However, it will be where the digital and physical worlds overlap where we will make the most profits. Currently, there are two…
5 Takeaways from “The Metaverse”
“The Metaverse” by Terry Winters is a critical book for all investors. I grew up in the 1980s and 1990s, so I watched the rise of the internet. The metaverse will have a similar effect on humankind, and as investors, we need to get ahead of the movement. The media identifies the metaverse as Internet…
How To Write 1000+ Words Every Day part II
When it comes to publishing articles and releasing books, there is one question you will need to ask yourself. Do you want to be a writer, or do you want to sell books? The two things differ vastly, and you will need to decide early on which you prefer. I prefer to be a writer.…
Choose Your Passive Income Adventure 2
Life offers us many choices—some are hard, some are easy. Finding the right person to marry is a difficult decision. Deciding what house to buy can be more manageable—trying to determine what passive income stream to build is tricky. We should all know that we need passive income in our lives. There is no other…
Financial Independence through Real Estate 2
The average person can take themselves from rags to riches by leveraging real estate. Real estate has probably made more millionaires than the stock market and business combined. Of course, that is just a guess, but leverage is a powerful bedfellow—and nowhere is leverage as accessible as real estate. Where else can you go and…
RE Lifestyles 4: Single-Family Vs. Multi-Family
What are your passive income goals for the long term? How many different sources of passive income do you want in your ecosystem? These questions are vital because they will help you determine what level of real estate ventures you pursue. Welcome back to the Real Estate Lifestyles series (Part 1, Part 2, Part 3),…
How to Create Passive Income 104: For The Average Person
Passive Income is a word that most average people are not familiar with in America and other countries. It’s not our fault because our parents taught us to “work for money.” Indeed, our parents, education system, and society taught us how to become great employees. The problem with being a good employee is we start…
5 Takeaways from “Starting Your Career as a Contractor”
“Starting Your Career as a Contractor” by Claudiu Fatu fills an integral part of my knowledge of the world of real estate. As a real estate investor, there are four top professionals you will interact with to perform the best deals: lender, property manager, real estate agent, and general contractor. I have already read books…
How to Create Passive Income 103: For Advanced
There is a vast world of passive income, and now we are traveling deeper into the abyss. If you haven’t already, please read the first articles in the How to Create Passive Income series here (101, 102). Let’s jump right into the mix. Advanced Investing. Building wealth over time in the stock market doesn’t take…
How to Create Passive Income 102: For Intermediates
Today, we are going to get into some more advanced topics concerning passive income. If you haven’t read “How to Create Passive Income 101: For Beginners,” please do so before reading further. I am jumping right into the fire. Intermediate Investing. Last time we talked about building a dividend growth portfolio. I love DGI portfolios,…
How to Create Passive Income 101: For Beginners
Are you new to the world of passive income? I’m sure you have heard all the talk about how cool it is to have passive income flowing while you sleep. You probably haven’t heard how difficult it is to start building streams of passive income, right? When I say difficult, I don’t mean complex. I…
