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Why Entrepreneurs NEED Multiple Streams of Passive Income with Chris Miles

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Manage episode 292776231 series 12018
Content provided by John Lee Dumas and John Lee Dumas of EOFire. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Lee Dumas and John Lee Dumas of EOFire or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Chris Miles, the Anti-Financial Advisor, teaches entrepreneurs and professionals how to get their money working for them TODAY! He’s an author, and podcast host of The Chris Miles Money Show.

Top 3 Value Bombs:

1. Don’t get caught to an entrepreneur trap where you really don’t have a job. You might make millions of dollars in that business, but when that shutdown and you’re in trouble, then that’s something to be aware of. You must have multiple streams of income.

2. The 2 streams of income are residual income which you get through your business. The other is passive income which comes from outside your business like investments.

3. We’ve been trained that we have to have financial advisor telling us what we have to do. The truth is, you’re an entrepreneur. You’re your own boss. You should be the boss of your own money because nobody should care about your money more than you.

Check out to Chris' Podcast - Money Ripples Podcast

Sponsors:

HubSpot: Listen, learn, and grow with the HubSpot Podcast Network at HubSpot.com/podcastnetwork!

BLUblox: Get 20% off BLUblox blue light blocking glasses at BLUblox.com/fire or enter code FIRE20 at check out!

  continue reading

3683 episodes

Artwork
iconShare
 
Manage episode 292776231 series 12018
Content provided by John Lee Dumas and John Lee Dumas of EOFire. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Lee Dumas and John Lee Dumas of EOFire or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Chris Miles, the Anti-Financial Advisor, teaches entrepreneurs and professionals how to get their money working for them TODAY! He’s an author, and podcast host of The Chris Miles Money Show.

Top 3 Value Bombs:

1. Don’t get caught to an entrepreneur trap where you really don’t have a job. You might make millions of dollars in that business, but when that shutdown and you’re in trouble, then that’s something to be aware of. You must have multiple streams of income.

2. The 2 streams of income are residual income which you get through your business. The other is passive income which comes from outside your business like investments.

3. We’ve been trained that we have to have financial advisor telling us what we have to do. The truth is, you’re an entrepreneur. You’re your own boss. You should be the boss of your own money because nobody should care about your money more than you.

Check out to Chris' Podcast - Money Ripples Podcast

Sponsors:

HubSpot: Listen, learn, and grow with the HubSpot Podcast Network at HubSpot.com/podcastnetwork!

BLUblox: Get 20% off BLUblox blue light blocking glasses at BLUblox.com/fire or enter code FIRE20 at check out!

  continue reading

3683 episodes

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