The Financial Independence Show Making Over $75,000 per Month with These Passive Income Streams
Aug 28, 2024
Cody shares his impressive journey of generating over $75,000 in monthly passive income. He breaks down his top four income streams: digital products, real estate, affiliate marketing, and stock market investments. Listeners will discover practical strategies for beginners, the importance of persistence, and innovative ideas like running an anonymous Etsy shop. The discussion also emphasizes personal growth and the emotional rewards of mentoring others on their financial independence journey.
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Focus on Passive Income
- Focus on building passive income streams, not just trading time for money.
- Rich people build assets that generate income regardless of their direct involvement.
First Passive Income Streams
- Cody's first passive income venture was a disc golf manufacturing company with streamlined online ordering and fulfillment.
- His first truly passive income came from digital products.
Four Main Income Streams
- Cody earns over $75,000 per month from four passive income streams: digital products, real estate, stock market investments, and affiliate marketing.
- His digital products bring in the most, netting around $60,000 monthly.