Welcome to this week's episode of Financial Fluency. I'm talking to Sylvie McCracken. I've known Sylvie for a little while and she was one of the first ever Periscopers I followed!
As an entrepreneur it can be hard to think that the buck stops with you. The effect on your income of a child being off school, or something like breaking a leg can be huge. Sylvie understands this and believes that passive income is something which ALL of us entrepreneurs should have as a kind of insurance.
We talked about outsourcing, health, what iTunes meant for passive income and more.
Favorite Quotes!
This has got to be a business. Aint nobody got time for hobbies right now - Sylvie on getting into blogging
It's addictive - I want to outsource everything - Sylvie on outsourcing
Have them organize your child's party with a pony! - Jen on the first steps into outsourcing
When the internet decides to break, it's all hands on deck. So I have three coders. - Sylvie
Passive income seems like the golden goose - Jen
I think of passive income as like insurance for entrepreneurs - Sylvie
We were kind of luddites - Jen on finally getting her music on iTunes
Links:
Fancy Hands