Look at these people - wealthiest people on the planet - Bill Gates, Warren Buffett, Mark Zuckerberg & Jeff Bezos....
Google online and see if they mention anything about financial freedom or passive income
They don’t even use the word - it’s NOT even in their vocabulary!
None of them got into business because they want to be financially free
NONE, Nada, zero, zilch!
It’s because they love what they do - and what they do solve problems or human needs on a mass scale
Because if their goals is financial freedom or passive income, none of them have to work yes?!
They accomplished that many years ago
They have way more than they could spend, they don’t have to keep working
But they do!
Have u read the book 4 hours work week? By Tim Ferris?
You might have been misled by the title - coz u look at any of these guys
None of them I guarantee u - work 4 hours/week or even 4 hrs/ day
they don’t need the money, why are they still working?
Property investment gurus, financial advisers, stocks or forex investment gurus had been over-using and abusing the term financial freedom and passive income.
Guess what, I am going to tell you today why financial freedom is a fantasy and passive income is bullshit.
You see, the truth will set you free but first it will piss you off.
I want to debunk the myth of passive income here.
Just like financial freedom, this term has been misused in every situations imaginable - MLM, real estate property investing, forex trading and insurance agency recruitment.
You see, just because your income is passive now, it doesn’t mean it’s everlasting
Most people think it’s easy, it’s effortless and it’s quick to create passive income
People told me
‘I read Rich Dad Poor Dad 3 months ago but how come I am not financially free now or getting any passive income?’
or People told me - “I learned from the the best property investing course guru in the country, how come my rental property doesn’t give me enough passive income yet to be financially free now?”
It’s the wrong expectation
Most people just tried that for 30 days or even 1 year and it’s not working as what they expect and they said ” I failed!”
NO, you haven’t failed, it’s how it supposed to be - it takes time and lots of learning because we are not taught about this in school.
And this issue becomes a PROBLEM when you don’t have any HIGH INCOME SKILL!
See how all this ties together?
It takes lots of work, time, energy and effort, not to mention trial and error to get even 1 stream of passive income, it does not happen overnight as most people thought and certainly NOT easy as most people thought
You got to be really good in your high income skill first before talking about passive income.
Talking about passive income, why you think it is 100x easier to create active income, rather than passive income?
1st level question - Why creating passive income is hard?
Because we are not taught in school, agree?
Then lemme ask you, 2nd level question , is there any subject called ‘Passive Income 101?’ in school?
If there is, I’d have taken it. But nope.
Further, lemme ask you a 3rd level question, why it is not taught in school?
Why don’t school equip us with the skills to generate other forms of income, aside from active income?
Think about this - school is designed to create employees -
And who create & control the school anyway?
Corporations, governments - If you study the history, governments and corporations got together and they said -
'We need more workers, we don’t have enough workers - Let's create a system to create more workers’
And that’s why you got schools - these subjects and syllabus in the first place
Knowledge taught to you that enable you to be a competent worker
Not to guide you to discover what you are good at or teach you to pursue your passion and monetize your innate skills
For more lesson in this series, go to - [ Ссылка ]
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