Why Every Entrepreneur NEEDS Passive Income NOW with Chris Miles

EPISODE · Oct 28, 2024 · 22 MIN

Why Every Entrepreneur NEEDS Passive Income NOW with Chris Miles

from Entrepreneurs on Fire · host John Lee Dumas

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 Money Ripples Podcast. Top 3 Value Bombs 1. Don't put your money in retirement plans because they don't work. Its all about how much income is coming in to pay for your lifestyle. Its important to make sure you just don't have your business to build up but also you have other streams of income coming in so you can work because you want to and not because you have to. 2. Focus on things that bring more on the business. Find those profit centers that create the most revenue, best clients and least expenses. 3. Don't re-invest in your business. Re-investing in your business means you are not profitable and you will constantly spend more money and will be trapped. You have to take your profit home by buying real investments like real estate that create passive income. Create Freedom and Prosperity Today - Money Ripples Website Sponsors HubSpot: Get ready for growth, without the growing pains. Visit HubSpot.com/spotlight to see the dozens of major product updates that'll make impossible growth feel impossibly easy Vanta Helps SaaS businesses of all sizes manage risk and prove security in real time. Vanta has a special offer waiting for you of 1,000 dollars off at Vanta.com/fire

NOW PLAYING

Why Every Entrepreneur NEEDS Passive Income NOW with Chris Miles

0:00 22:03

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Real Construction Talk Compass Leadership Real Construction Talk is a podcast for leaders in the construction industry. The truth is that "as the leader goes, so goes the company." RCT's goal is to open dialog about what really happens on the job site and in the office to help owners and leaders grow, deal with hard situations and fix leadership problems. More info on RCT can be found at http://www.realconstructiontalk.com and is powered by Compass Leadership LLC: http://www.compassleadership.coach. Explicit Eavesdrop on Us Jessica Terzakis The honest business podcast YOU NEED IN YOUR LIFE! We talk about what it's really like to be in business: the good, the frustrating, the "am I the only one going through this?!" kind of topics. You're in the right place if you're looking for less "how to's" and more real conversations about what you're going through as an entrepreneur.Come eavesdrop on our conversations-it'll be like joining us at the kitchen table after working a full day in your business. Explicit Big Old Life: Heather Blackbird interviews people on planet earth. Heather Blackbird loves asking questions. This podcast is a learning experience. Join me, Heather Blackbird, as I talk to people about their lives. Frequency of new episodes is a little all over the place and I'm learning as I go. Big Old Life is a small way of talking about the vastness of life, one person at a time. If you are reading this or found this podcast it's probably because someone you know gave you a link to it. :) Explicit Love Thy Neighbourhood Time Out London Time Out London editor Joe Mackertich invites famous Londoners to show him around their favourite bit of the city. Listen in as your favourite celebs share tall tales and weird anecdotes about the spots they love. One area, four locations: it’s time to learn to Love Thy Neighbourhood. A new episode every Tuesday.Find these places for yourself on our Love Thy Neighbourhood Apple Maps guide here & save to stay up to date. Explicit
URL copied to clipboard!