The speaker shares a valuable lesson about the importance of understanding market dynamics and pricing strategy when trying to sell a product, based on their experience in selling a plan set for a house they built.
Diversifying your sources of income is an important step on the path to financial independence. On average, millionaires have seven streams of income. In part 2 of our series on passive income, Eric shares the lessons learned and mistakes made as he created passive income streams for his architecture practice. In 2020, 90% of his small business revenues came from passive sources, bringing him closer to reaching financial independence. Join us as we explore these topics and more in this second episode in our series about passive income.
For show notes and resources please check out our website: https://twosidesoffi.com/