Hope you crushed that homework from yesterday – setting your income goal. Seriously, that number is your North Star. Mine? $5,000 a month to fuel my travel addiction. That’s my “why.” What’s yours?
Now, let’s get down to brass tacks: where are you building your passive income empire? Are we starting from the ground up, or are you leveraging your current business?
Starting From Scratch: Fresh Beginnings
If you’re brand new to the game, this one’s easy. You’re building from scratch. No existing business baggage, just a clean slate and a world of possibilities. Don’t sweat it – this is a good thing! You get to build exactly what you want.
Leveraging Your Existing Business: Smart Expansion
Got a business already? Sweet! Now, we need to figure out if passive income streams fit into your current setup. If you’re on the fence, that’s cool. We’ll explore options in this program, and you can see what resonates.
Here’s the real talk: Even if nothing seems like a perfect fit, you can still leverage your existing audience. Stay within your niche, and you’ve got a built-in advantage. Or, you can always decide to start a new, separate passive income stream.
Your Actionable Step (aka Homework):
Decide. Are you building from scratch, or are you integrating passive income into your current business? Write it down. Get clear on your path.
Why This Matters:
Throughout this program, I’ll be talking to both camps. I’ll point out which options are best for starting from scratch and which can be added to an existing business. This will save you time and energy.
Let’s Keep It Real:
This decision is crucial. It’s about setting the right foundation for your passive income journey.
That’s it for Day 2. Get that homework done, and we’ll dive into some juicy passive income options tomorrow!
