🎙️ Passive Income - The Glorious Exception or a Red Flag?
Is passive income the magic pill to create the perfect business, or is it a red flag sending you on a wild goose chase with the promise of no work for lots of money?
Let's unpack this together.
🚩 Why Passive Income Might Be a Red Flag 🚩
Sarah shares her thoughts on why pursuing passive income could be counterintuitive for female entrepreneurs like you. The essence of passive, meaning to do nothing, doesn't align with the spirit that led you to start your own business. It's about influence, control, and direct action – not sitting back and hoping for the best.
The Reality of Income Streams
Sarah explores the efforts behind seemingly effortless gains of traditional passive income streams. Whether it's real estate or stock investments, action and maintenance are inevitable. It's a gentle reminder that every income stream, passive or not, demands something from us – be it time, money, or energy.
The Appeal vs. The Reality
Sure, the idea of earning money in your sleep is alluring, but is it practical? Sarah challenges this notion, encouraging a mindset shift towards value exchange and active engagement in your business. It's not just about setting and forgetting; it's about continuous effort, learning, and adapting.
Building a Leveraged Business
Yes, you can create systems that generate income with less day-to-day input, but it requires initial (and ongoing) action. From developing a product or service that people want, to setting up a sales and delivery system, there's work to be done. And in a changing world, maintenance and adaptation become your constants.
Join The Moxie Movement
If you're ready to embrace action, align your business with your highest priorities, and maintain control over your journey, then you're ready to join the Moxie Movement.
🌟 What's Next 🌟
Stay Moxie, Until Next Time
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For more than 30 years The River Cafe in London, has been the home-from-home of artists, architects, designers, actors, collectors, writers, activists, and politicians. Michael Caine, Glenn Close, JJ Abrams, Steve McQueen, Victoria and David Beckham, and Lily Allen, are just some of the people who love to call The River Cafe home. On River Cafe Table 4, Rogers sits down with her customers—who have become friends—to talk about food memories. Table 4 explores how food impacts every aspect of our lives. “Foods is politics, food is cultural, food is how you express love, food is about your heritage, it defines who you and who you want to be,” says Rogers. Each week, Rogers invites her guest to reminisce about family suppers and first dates, what they cook, how they eat when performing, the restaurants they choose, and what food they seek when they need comfort. And to punctuate each episode of Table 4, guests such as Ralph Fiennes, Emily Blunt, and Alfonso Cuarón, read their favourite recipe from one of the best-selling River Cafe cookbooks. Table 4 itself, is situated near The River Cafe’s open kitchen, close to the bright pink wood-fired oven and next to the glossy yellow pass, where Ruthie oversees the restaurant. You are invited to take a seat at this intimate table and join the conversation. For more information, recipes, and ingredients, go to https://shoptherivercafe.co.uk/ Web: https://rivercafe.co.uk/ Instagram: www.instagram.com/therivercafelondon/ Facebook: https://en-gb.facebook.com/therivercafelondon/ For more podcasts from iHeartRadio, visit the iheartradio app, apple podcasts, or wherever you listen to your favorite shows. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
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