How do you spend your time? Is any of it spent earning passive income?
Why is how you spend your time important? It’s important because time is valuable and what you do with it costs you. If you don't like wasting money, then don't waste your time either. It's often said that time is more valuable than money. Is your time valuable to you? What is it worth to you? If you're not generating any extra income in your bank account during your leisure hours, then you're not spending your time wisely.
Passive Income is a stream of income you choose to create that can pay you any time of the day or night - 24/7.
- While you’re at work on your 9-5 job
- While you eat breakfast, lunch, dinner, and snack time
- While you sleep
- While you’re on vacation
- While helping your child with homework
- Whenever
Don’t squander it. Leverage it. Otherwise, you won’t have anything to show for something so valuable. Creating this type of income can be fun and worth the time. Here is a great article on the subject. Also, check out my “What is Your Time Worth Worksheet?”
3 Ways to Win with Passive Income
- Take Your Skills Online
- Find a Profitable Product to Sale Online
- Write a book
Look for more ways to win coming next week.
ENTREPRENEURSHIP EMPOWERMENT: “Winning with Passive Income." This week 3 of 7-week series explores doable income streams to help empower women in entrepreneurship. Learn about various tips, tricks, and tools for the entrepreneurial-spirited women in You! Be inspired to Live Your Dreams Awake in 2018!
To get your ideas flowing, check out my free webinar replay: Supplement Your Income with Passive Income. Need help getting things going? Let’s chat. Schedule a complimentary 30-minute Breakthrough Call.
I’d love to hear your feedback. Please like, share, or comment below.
Pat B. Freeman
Inspirational Business Speaker|Empowerment Coach|Vision-Building Expert
Passion: Entrepreneurship
Audience: Professional Women
Turning Inspiration into ACTion & Passion to Profits!
Coming Soon!
1 Comments
Jan 29, 2018, 9:38:14 AM
LaTonya bell - Love it pat you are doing great things.