Gurus selling you on passive income that doesn’t require effort are showing you exactly how to have money pass you buy. Yep, passive income, isn’t as passive as you have been sold and it is costing you a fortune! Let me show you what passive income really looks like in today’s video!
► Subscribe to my channel here: https://www.youtube.com/channel/UCs–ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1
Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.
He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.
Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!
If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.
Interested in getting a Financial Checklist to you back on the right track? Click the link below:
Follow Me Online Here:
Interested in going deeper?
Killing Sacred Cows – https://amzn.to/2lMbX1i
What Would Billionaires Do?: https://wealthfactory.com/go/?p=wealthlabs&w=bsb-wl
#GarrettGunderson #WealthLabsPodcast #MoneyMatters
This video is about Passive Income Streams (and the TRUTH no one wants to tell you) / Garrett Gunderson
I had a passive income business making me money after a lot of upfront work but it collapsed. The collapse was due to my service never giving enough value to customers. I managed to sell a big chunk of it during the beginning of the collapse to diversify out of it but the rest of it became worthless. I basically had to start over so it's no different than real work.
I found you Jesus.. I knew you was coming to save us! J/k Great video!
And wait again on a lighter note where are you living in beautiful irland is it Galway or Dublin the cap thanks nice talking to you so far looking forward to hear your reply.
That's cool surendra okay what you do in Ireland student or professional or employee ? Based on your ? You must be thinking growing professionally and financially in your life so let me know about that thanks
I thought you were Jesus telling me how to invest. I clicked.
Its modern jesus!!
Diversification is huge. The feeling of security you get is then what allows you to go heads deep on building up another income stream and scale without fear of putting your eggs in one basket or things not working out when you try something new.
Passive income on rental properties. Most of it go right back into maintenance. Plumbing, painting water bill, lawn maintenance. That is if you take care of your property.
That hair color thou 😎
GREAT CONTENT!! Let me just share to you a quote, "A wealthy person is simply someone who has learned how to make money when they're not working." – Robert Kiyosaki. You become financially free when your passive income exceeds your expenses!
In other words, don't be a dumb ass. I love it.
Never depend on a single income make an investment to create a second source stock trading is the fastest rising system of investment I remember when I started stock trading I lost some fund but I have the mindset that business is all about loss and gain but unfortunately, luck found me till I was connected to my Ethan. I invest weekly I recovered all I have lost, the best account manager I've seen is Mr.Ethan Hartman
Garret, I can’t believe your channel hasn’t blown up! This stuff is incredible! I just got started as a producer in Oklahoma, and am definitely using your principles. I appreciate it brother!
Garrett have you looked at the cloud based Real Estate Brokerage eXp? Has a RevShare model that has worked very well for me re active passive income.
Totally, thanks for the tip
Each and every day am taking more responsibility and accountability for my mental capital, relationship capital and financial capital. Thank you Garrett!
Great information reflects the knowledge and experience of yours thanks will help wannabe investors to take better informed decision