How to Make Passive Income with a Business in 2020 - Building Multiple Income Streams

On this video, we are discussing How to Make Passive Income with a Business. We define passive income as something this is income that you are not working directly to make, in essence, making money while you are not working. One important point to make is that is not to imply that there's absolutely no work involved to create passive income streams. There's always some amount of work to set things up. We discuss why creating multiple income streams is important and how you can set up your business to be run independent of your every day involvement.

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Must Read Books
Rich Dad Poor Dad by Robert Kiyosaki
The Cash Flow Quadrant by Robert Kiyosaki
The 4 Hour Workweek by Timothy Ferriss
Think and Grow Rich by Napolean Hill
The E-Myth Revisited: Why most small businesses don’t work and what to do about it by Michael Gerber


Equipment used to shoot this video
Canon M50 Mirrorless Digital Camera


Canon EF-M 15-45mm Lens


LimoStudio AC Light Stand Mount Umbrella Holder, AGG886


Movo VRX10 Video Microphone with Shock Mount


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Keywords: personal development, entrepreneurship, small business, investing, passive income, self help, building small business, business advice, building wealth, how to make passive income, creating wealth, side hustle,

personal development,entrepreneurship,small business,investing,passive income,self help,building small business,business advice,building wealth,how to make passive income,creating wealth,side hustle,