Q&A: Passive book royalties from Craigslist, $60k pressure washing jobs, digital dashboards & importing products from China. Ep. #015. Small Business Ideas and Entrepreneurship
The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs
00:00
Exploring Investments in Book and Music Royalties
The chapter discusses the appeal of investing in book and music royalties as an alternative to traditional investments, highlighting their stability, attractive yields, and tax benefits. Stories of successful investments, such as a book royalty yielding $16,000 annually, are shared, emphasizing the stable growth potential. The conversation also covers unique investment opportunities, challenges in acquiring assets, and the concept of passive income through purchasing businesses at varying multiples.
Transcript
Play full episode
