BiggerPockets Business Podcast 43: Financial Freedom Through Multiple Streams of Income with Yaro Starak
Do you value freedom and time above all else? Are you craving a lifestyle doing what’s truly most important to you, while financially supporting yourself, your family, your hobbies, and your adventures?
Today’s guest has done just that, paving his own way and achieving freedom on many levels: financial, time, and mental. He’s taught thousands of people how to do the same. Today, he shares how you can do it, too!
Yaro Starak—an online entrepreneur earning a full-time income from the internet since 2004—walks us through his evolution of multiple businesses, identifying potential opportunities, and taking steps with minimal risk to start additional ventures. He debunks myths about passive income and digs deeply into the “how” of making a “laptop lifestyle” work.
Yaro gives actionable tips to identify areas in which you’re an expert, then use that expertise to earn income by sharing that information with others. He tells us the lessons he’s learned along the way: from early goals of simply making money to intentional, conscious decisions to do something you love to working with people you really enjoy.
And make sure you listen for Yaro’s recommendation on how to fast-track learning the ins and outs of a business you’re passionate about, closing your gaps in knowledge, and increasing awareness of how everything works before wasting time and energy charging full-speed ahead.
Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!
In This Episode We Cover:
- How he built his "lifestyle business"
- Focusing on starting a 4-hour work week business
- Why entrepreneurs are always looking for opportunities
- The 3 different types of freedom
- Figuring out how business works
- Why freelancing is a good starting point
- How he's able to manage his business
- His whole process in selling his courses and how you can do the same
- How to be good at the 80/20 rule
- The theory of constraints and sprints
- And SO much more!
Links from the Show
Check the full show notes here: http://biggerpockets.com/bizshow43
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