Forget About Money
💵 4 Passive Income Ideas That Make Me $75,966/Month in 2024! | Cody Berman ✌️
Aug 9, 2024
Cody Berman, an expert in passive income generation, shares his journey from a disc golf business to making $75,966/month through diverse strategies. He discusses leveraging digital products, real estate, and affiliate marketing to achieve financial freedom. Cody emphasizes the mindset needed to embrace failure and resilience on the entrepreneurial path. He offers practical advice for beginners on balancing side hustles with full-time jobs, highlighting the power of small, consistent actions in building wealth.
42:28
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Quick takeaways
- Cody Berman showcases how diversifying income through digital products, real estate, investments, and affiliate marketing can create significant monthly earnings.
- He emphasizes the importance of persistence and learning from failures to successfully transition into generating substantial passive income over time.
Deep dives
Cody Berman's Passive Income Journey
Cody Berman's entry into passive income was influenced by a transformative read of 'The 4-Hour Workweek' by Tim Ferriss, which shifted his perspective on wealth generation. Initially, he believed high hourly earnings meant financial success, but this book taught him that true wealth comes from building passive income streams. He started with a disc golf manufacturing company that, despite its initial hands-on nature, evolved into a streamlined operation utilizing a fulfillment center. Over time, Cody’s focus shifted toward digital products, such as printables and online courses, leading to significant financial success and prompting him to share this knowledge with others.
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