Recently, I had to take some time off work and it really reminded me just how important it is to build a business that provides into to you without your need to actually work and focus attention on it for a bit.
Some call this passive income, and while I feel it is a misleading word, some business models definitely offer ou the ability to not have to work for money.
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BUT, to get to this point and have income be passive income, you NEED to put in the work for a long time and mostly...it is unpaid work.
You can't launch successful products with dropshipping and then take a month off after. Well, you could live off the profits for a bit, but what's going to be there after you come back from your margaritas and tacos down in Puerto Eescondido?
Having been doing e-commerce for 2 years, I've got a large email list which my email manager write content and sends emails to.
This is passive for me. Being, it doesn't rely on me doing the work.
BUT, A LOT of work went into building this list over the last 2 years.
In this video I explain the 2 main ways I plan to build and grow a special type of income for my future self - one that doesn't equate time with $.