⚠️ Passive Income is a Life
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- čas přidán 17. 06. 2024
- Why? Because 90% of them fizzle out if you stop putting in the effort to keep them running. Whether it’s a course, an eBook, or similar: If you stop posting, your sales will probably drop too.
Sure, the product can generate income once created, maybe even delivering an outsized return. But it isn’t truly passive - like an ETF, where your money works for you without continuous effort.
Let’s be honest about the hustle behind “passive” income streams. 🌟
#PassiveIncome #OnlineBusiness #MakeMoneyOnline
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So true.
Thank you for your comment and let's build those real businesses to invest in ETFs 👍.
@@ChrisSpiegl 👍
Funny that you exported a whole thing with all takes 🤣 makes me feel better that others not that smooth as final version of video. Assume that you will reupload soon 🙂
Glad you enjoyed that… That's when I forget to place the In/Out point for Export 🤦. Luckily, CZcams has the video editor, so I'll just trim the other videos out and don't have to re-upload. Thank you for pointing it out so I could fix it.
On top 🍒 that online platforms take out 30-50% from sales, taxes, expenses, and at the end "clear" cash will be just a few cents. Absolutely brilliant concept, but more like utopia, unfortunately... 🤝 young people will not believe you though 🤣
What mic do you use?
Those platform fees are real. Though they do provide some serious services (consider you'd have to host all your own videos - and we are doing so on one of my companies - it's expensive and complicated, not to mention the audience that you get by using the discover/search/recommended features)! It is the cost of doing business - just like paying TAX, insurance, gear, etc. is.
The mic I used here is the Deity W.Lav Pro, placed behind the buttons, recorded in the Tentacle Sync Track E 32bit float recorder, and edited with Supertone Clear, and FabFilter Pro-Q and Pro-MB.