How To Make Money While You Sleep

Episode 236 of the Beyond the Hustle with Liam J Ryan podcast, hosted by Liam J Ryan, titled "How To Make Money While You Sleep" was published on October 15, 2023 and runs 11 minutes.

October 15, 2023 ·11m · Beyond the Hustle with Liam J Ryan

Summary

Liam discusses the importance of investing in the UK in 2023, emphasising the need to shift from relying solely on earned income to generating investment income. He explains how investing in the right properties can lead to long-term financial stability and the ability to build a legacy for future generations.  KEY TAKEAWAYS The ultimate goal is to become an investor and make money while you sleep. This requires doing something different while you're awake and understanding where to put your money for long-term growth. Most people rely on earned income from a job or business, which can be risky if there are changes in legislation, business models, or unexpected events. Building investment income is crucial for financial stability and freedom. Property investing is highlighted as a safe and lucrative asset class in the UK. By investing in the right properties in the right locations, individuals can benefit from passive income and capital appreciation. The power of compounding is emphasised, with Warren Buffett stating that it is the eighth wonder of the world. By reinvesting profits and earning consistent returns, individuals can double their money every few years. BEST MOMENTS "Most people don't know what to do. They make money, they spend money. The more they make, the more they spend."  "If you do not find a way to make money while you sleep, you are going to work until you die."  "Income follows assets and one of the reasons that I absolutely love property investing is that you do the work once and you get paid for a lifetime."  "You're building a legacy for your children, your family, your futures." VALUABLE RESOURCES The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk Instagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017 You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life Hosted on Acast. See acast.com/privacy for more information.

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