Jay Abraham & Rich Schefren - The Masters of Passive Income

On today’s show, this is going to be an epic master class with two of the most brilliant minds we know, Jay Abraham and Rich Schefren. Jay and Rich go way back, having known each other for close to twenty years. In today’s economy, this will be the most valuable information that any business owner can take and actually use, to make money and turn things.  

Both Rich and Jay give their insights around a host of opportunities in today’s world to help people and businesses leverage their existing assets in such a way that will benefit them and you as the deal maker. There are also some great examples of folks who knew where to look and find opportunities that others were missing and basically created arbitrage situations that led to passive income for years to come. We know your mind will be reeling with possibilities after listening, and when you are done you will want to listen to our previous episodes where we chatted with Dana Robinson and Markian Sich on how they are able to create passive income as well with real estate investing and online businesses.

“This is the time where there is so much opportunity, and the reason is there is so much opportunity is because during times of tremendous uncertainty as well as some form of recession, what happens is there are many businesses who are a lot less active than before, and that leaves a lot of their assets dormant...which makes them a lot more receptive to other ideas and possibilities. ” - Rich Schefren

“Right now there are 5 or 6 windows of screaming opportunities that are starting to close..first one if there will never be a time in the history of entrepreneurship where more business owners and professionals are open to doing deals, collaborating, joint venturing, profit partnering, letting you sell things to their audience....that’s one thing. ” - Jay Abraham

Some Topics We Discussed Include:

• How to think like Tom Sawyer
• How to see and seize opportunities to be the toll booth/money taker
• Putting the Pareto principle and Venn diagrams into play
• Examples of ways to help businesses right now which will benefit you for years to come (even if you do not have any capital to start with)
• The real reason Jay stopped selling his courses
• Examples of prosperity pathways and how to identify where opportunities exist
• And much, much more!

Resources From Jay Abraham & Rich Schefren:

• Strategic Profits - Rich Schefren
• Jay Abraham - Jay Abraham

References and Links Mentioned:

• Are you ready to be EPIC with us?! Then grab our EGP Letter here!
• Join the Facebook Community - be sure to hop in our Facebook group to chat with us, our other amazing guests that we’ve had on the show, and fellow entrepreneurs!
• This episode is sponsored by Easy Webinar, be sure to check them out as well, with this special discount for our listeners.
• Passive Income Hacks & The Legalities Of Running An Online Business - Dana Robinson
• How To Create Passive Income From Real Estate - Markian Sich