How to Simplify Passive Income in Your Life

FREE Masterclass - Build Multiple Streams Of Income Around One Topic

This is the time of year we are all facing the hustle and bustle of the holidays while a contrasting desire of rest and relaxation calls forth from within. Winter has a way of showing us how much we long for freedom and flexibility in life.

Whether it's financially having the means to provide an excellent Christmas, or time flexibility that allows us to travel and enjoy Holiday events without having to maintain the pressures of work.

We know passive income is the solution that meets both of these demands.

But, where is the best place to start when we feel shackled by time and money.

Today's episode outlines three ways to simplify passive income in your life.

1- Get clear on a topic and find ways to create multiple streams of income around that topic.

2- Commit to the process. Try is the lowest form of commitment, you need to be 100% in the game to see success.

3- Be consistent. Commit to your plan for 1 year and consistently take action in that year to see real results.

Things to avoid:

Avoid the desire to chase passive income streams that appear lucrative (but don't really seem interesting).

Avoid switching plans frequently. Find one thing and stick with it.

Avoid building passive income around topics that are not interesting to you.

To truly build a freedom lifestyle it's imperative we build a business that doesn't feel like work when we work it. Don't be fooled into thinking that if you only had to do something for 5 hours a week, even if you don't love it, you could do it. Time and again this has been proven wrong.

Even Neil Patel spoke about this in a YouTube video he did. He built a passive income stream based on fitness and health, but doesn't even like that topic. Even though he made hundreds of thousands of dollars, it eventually faded away and was replaced with what he does love... marketing.

You can make multiple streams of income from one topic. Join me Tuesday November 29th for a free masterclass on exactly how to do this. https://www.lindsaysutherland.com/passive-income-machine

Learn how to build up to 6 passive income streams with 1 topic.

Leverage the power of 80/20 principle to grow your business.

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