The Myth of Easy Money | 005

In this episode, the we discuss the myth of easy money and passive income. It can be tempting to believe the marketing around making easy money through things like affiliate marketing, digital products, online courses, etc. However, no income stream is ever fully passive and that anything you sell will require some maintenance and your time.

Think critically before jumping on bandwagons and highlights factors to consider like your skillset, interest level, startup costs, and commitment. The key is monetizing what comes naturally to you.

• No income stream is ever 100% passive - all require some maintenance and time investment
• Pick a business aligned with your natural skills and interests - don't just follow trends
• Understand the startup costs and be ready to commit time before jumping in
• "Easy" money ventures like rentals or Airbnb still require a lot of effort
• Research market saturation - high competition makes marketing/standing out harder
• Monetize what comes naturally to you based on your skills and interests
• Energetic alignment alone won't guarantee business success - strategy still required
• Avoid falling for myths and marketing around passive income ideas

In summary, be wary of promises of easy passive income. Understand that any business requires an investment of your time, money, and strategic effort. Play to your natural strengths and interests. Research market saturation and competition. And don't rely on energetic alignment alone - you still need business strategy. The easiest income comes from monetizing your innate skills.