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Joining the podcast today is Gloria MacDonald, founder of Life Alchemy Inc, who has built a business helping Network Marketers build passive income. Previously, network marketing has been a very time for money exchange, but Gloria shares new solutions on the market for people who want to create truly passive income, for people who want to invest their money to make money rather than build a team or actively sell products.
What I admired most about Gloria was how her passion for financial diversification and how it has driven her to build a multi-dimensional brand in the network marketing world.
Here are some key topics we talk about.
Connect with Gloria MacDonald at www.gloriamacdonald.com
4:05 - 4:22 Ditch companies that make you focus on 1
4:22 - 5:10 Passive Income in network marketing
6:14 - 6:45 Passive Income idea for people that 100% of people make money without doing any extra work
7:43 - 8:43 How residual income works
8:49 - 9:05 - Opportunities to make money 100% without selling or recruiting
16:36 - 17:26 The power of YouTube to get new team members without ever talking to them.
21:17 - 22:21 - Gloria's turning point
23:53 - 24:32 The power of an email list
25:11 - 26:11 - What one strategy does Gloria recommend to grow an email list
Want more episodes like this? Check these out!
What is the importance of keyword research? and how can you do it without being a tech wiz?
He replaced his wife's income in 18 months with niche blogging and so can you.
Passive Income made daily with crypto (and it's NOT day trading!)
Mentioned in this episode:
Text PIE to 33777 to get your copy today.
Discover 5 ways to earn $5k a month with Passive Income
Founder of Blogger Evolution Chris Myles joins the Passive Income Examiner to share his journey of going from working full time to creating a fully passive lifestyle via niche blogging which leverages strategic affiliate marketing.
Chris is a very down-to-earth easy to understand guest who does a great job of explaining his strategy in a fully digestible way.
When he and his wife discovered they were pregnant with their first child his wife shared with him how she wanted to become a stay-at-home mom. In order for her to have that experience she leaned on Chris to find a way to replace her income.
After being a chronic side hustler, he buckled down and put all of his focus into niche blogging. Once focuses he was able to replace his wife's income in only 18 months and soon after replaced his own.
Now, Chris and his family live a very different life from the one they lived before his son was born. Things that are different in his life are:
In addition to living a freedom lifestyle, he helps other working parents escape the rat race by teaching them how to create a profitable blog with an emphasis on organic strategies and not on paid ads to drive traffic!
Chris also has a podcast called Blogger Evolution where he gives to-the-point valuable suggestions and content that is very helpful.
On this episode we talk about:
Connect with Chris at https://courses.bloggerevolution.com/a/2147515694/kUYRnzwW
Connect with The Passive Income Examiner at www.thepassiveincomeexaminer.com
Looking for ways to connect with like-minded individuals, others, who are looking to escape the rat race and build freedom businesses leveraging passive income?
Discover the Freedom Business Community with curated information to help you plan your journey and execute it, step by step.
With three levels of access to choose from this community is designed to help everyone, from beginner online marketer to advanced, build and scale legacy businesses.
We start by learning the ropes to building a business and then move into wealth-building strategies that teach you what to do with your passive income once it is rolling in.
You can unroot yourself from your 9 to 5 and experience the joy and happiness that comes with a freedom business. Click the link below to join.
www.lindsaysutherland.com/freedom-business-community
Want more episodes like this?
Amazon Retail Stores: Can You Really Make Money? https://player.captivate.fm/episode/e168113b-da6c-4204-871b-de0e61d9ce46
Podcasters, YouTubers, Course Creators! Check out this software that will save you OODLES of TIME! https://player.captivate.fm/episode/cc42d7cc-76ea-4a4a-b892-60255e44f600
How to build a better social media presence with work-from-home-mom Kaitlyn Pierce. https://player.captivate.fm/episode/67810b6a-909f-40fc-b860-9e97b786e225
Mentioned in this episode:
Text PIE to 33777 to get your copy today.
Discover 5 ways to earn $5k a month with Passive Income
PIE Tribe Exclusive Webinar
This podcast is hosted by Captivate, try it yourself for free.
I've been podcasting for 2 years now and when I started I built my system based on what my podcast coach recommended. As time has gone on, I've longed to automate and cut the time I spend podcasting down without limiting the number of episodes I produce.
I made it my mission to automate my podcasting experience as much as possible so that I can limit the amount of outsourcing required and make my life easier.
If you are podcasting or are considering starting a podcast this episode will be very helpful to give you a comparison between Podbean and Captivate. I used Podbean for nearly two years and only began researching other hosting platforms to find out what newer more advanced tech was out there. I never knew I'd find a platform as robust and easy to use as Captivate.
Switching my hosting platform was very easy. Although I was concerned that it would be problematic and stressed about the transfer... Captivate pulled my episodes over easily. Uploading new episodes is simple too. I love how the system walks me through important steps of adding elements to my episode that will improve show growth and listener experience. Podbean offered some of the same features, but it was in the "Advanced" section which is an easily overlooked expandable menu.
Captivate.fm saves me time by:
Looking for ways to connect with like-minded individuals, others, who are looking to escape the rat race and build freedom businesses leveraging passive income?
Discover the Freedom Business Community with curated information to help you plan your journey and execute it, step by step.
With three levels of access to choose from this community is designed to help everyone, from beginner online marketer to advanced, build and scale legacy businesses.
We start by learning the ropes to building a business and then move into wealth-building strategies that teach you what to do with your passive income once it is rolling in.
You can unroot yourself from your 9 to 5 and experience the joy and happiness that comes with a freedom business. Click the link below to join.
www.lindsaysutherland.com/freedom-business-community
This podcast is hosted by Captivate, try it yourself for free.
Other bonus features I love with Captivate.FM include their ad management system. It allows me to add ads and switch them out as promotions change. Listen, this ALONE is a huge reason to consider Captivate.FM. Simply record your commercial, or upload a commercial provided for you by a sponsor, then use their system to "bulk" place ads on all of your episodes with one click. YES< One CLICK!
Then, when sponsors change or promos change, you can swap out that ad with one click. YES< ONE CLICK. LOL
Now, for those of you that don't like this option. (I mean, really, who is that?) You can still hand-select and manually load ads, or include them in your original audio file.
Plus, Captivate's "Growth Labs" offer a slew of high value courses for podcasters looking to increase downloads and reach with their shows.
There are still so many features I have yet to use with Captivate.fm. Some I know about and haven't tried yet, while others I am still learning about. It seems like each time I log in I find something new to discover.
For example, I learned just this week that I can host up to 3 podcasts with my membership and create a NETWORK! WHAT??? I know, it's incredible.
I had already been thinking about launching a new podcast and was even thinking about using a free hosting platform because I didn't want to pay another membership fee. This was a priceless addition to my membership, which, by the way, was only a few dollars more per year than I was paying on Podbean.
With a network I can plug ads in for affiliates or sponsors across all podcast shows and manage them again in one place with ONE CLICK. Yes, it's incredible... (I think I already said that though.)
I truly can't say enough amazing things about Captivate.FM. I'm SOOO Happy I Switched from Podbean.
Sign Up With Captivate.fm today This podcast is hosted by Captivate, try it yourself for free.
Want more episodes like this? Consider these
Why is generosity so important in business? https://passive-income-examiner.captivate.fm/episode/why-is-generosity-so-important-in-business-and-how-can-you-cultivate-a-givers-mindset-with-guest-ea-csolkovits
What is the importance of Key Word Research and How You Can Do It Without Being A Tech Wiz. https://passive-income-examiner.captivate.fm/episode/what-is-the-importance-of-keyword-research-and-how-can-you-do-it-without-being-a-tech-wiz
Entrepreneurial Mindset: How To Crush Your Success Barries: https://passive-income-examiner.captivate.fm/episode/entrepreneurial-mindset-how-to-crush-your-success-barriers
Mentioned in this episode:
PIE Tribe Workshop
Exclusive workshop for PIE Tribe listeners to discover if building an Amazon Retail Store is right for you.
PIE Tribe Exclusive Webinar: https://passive-income-examiner.captivate.fm/amazon-store
Are you ready for a paradigm-shifting episode that is sure to challenge you into a better version of your entrepreneurial self? Click Play! Yes, today is October 31st, in the US and some other countries people are participating in Halloween, a day when children dress up and go door to door saying "Trick or Treat." Most of the time they are rewarded with candy and happily run to the next door.
But, did you know you are playing tricks on yourself? If you are less than completely satisfied in any area of your life, that means you have an underlying "Rule" that you are believing that is keeping you from experiencing your greatest potential.
In this episode, Lindsay reveals how to unveil the Tricky Rules you are living by and how to transform them into new ideas that further your growth.
We all have rules we live by. Some are much less significant than others. And some we did not even invent on our own, they may have been inherited beliefs instilled by our well-meaning parents, teachers, or other adults of influence.
Consider these common rules I hear from mothers.
"I can't go to bed with a dirty kitchen."
"I must make my bed every morning."
"I must marry a man that makes a good living."
You see, many of these types of rules don't keep us stuck and were likely ingrained in us from childhood.
However, there are much spookier rules that we subscribe to day in and day out, often unknowingly.
Consider these rules,
"I must work hard to make money."
"I am not good at technology."
"I can't write a book until I have my course created."
"I need to be certified before I can start charging for what I know."
When we take an honest look at our lives, it is guaranteed, that in any area of our life where we feel unfulfilled, underperforming, or frustrated, we have a verbal script running through our mind that is blocking us from success. The script is some sort of a rule we THINK we have to follow.
Today, I challenge you to break your rules, and start imaging the possibility of your life without subscribing to what you have believed is a fact thus far. How could your life change if you believed you could lose weight easily, or could find true love, or could (You fill in the blank.)
It is on each of us to take an honest account of the rules we are living by and simply consider the possibility of shifting in the direction we want to go.
By changing our focus from the rules we have devoted ourselves to, to shining a light on what could be, we unlock the door of possibility and allow magic to work in our lives.
Today, listen to this episode, then pick one rule you intend to break. Treat yourself this Halloween, to being a positive force in your life. Treat yourself by choosing to think differently about what you are capable of. Treat yourself by challenging your long-standing belief systems.
Then, friend me on Instagram or TikTok and DM me. I want to hear where you are making a change and how this episode has helped you grow.
Thank you for being part of the PIE Tribe.
Bless You,
Lindsay www.thepassiveincomeexaminer.com
Want more episodes like this:
Amazon Retail Stores: Can they make you money? https://player.captivate.fm/episode/e168113b-da6c-4204-871b-de0e61d9ce46
How to overcome imposter syndrome: https://player.captivate.fm/episode/f2ffdd35-2cb7-4f79-a991-30ee1ab7d939
From Humble Beginnings to App Developer and Multi-Dimensional Entrepreneur, Aaron Knipp tells his story: https://open.spotify.com/episode/78eJCakSRaOM44XiyUdnvY?si=5SXlH1wGTBO9I_zVyFNr0A
Mentioned in this episode:
PIE Tribe Workshop
Exclusive workshop for PIE Tribe listeners to discover if building an Amazon Retail Store is right for you.
Learn more about Josh's crypto flywheel here --->> https://www.cryptoyall.co/passive-income-examiner
Josh Rhodes, founder of Crypto Y'all joins us for a scintillating conversation about how to get paid daily with crypto. Our conversation begins with the state of the world's economic environment including the unstableness of our fiat currency. Then we talk about Josh's legendary crypto flywheel which he uses to demonstrate how you can benefit from crypto in three specific ways...
Josh does a phenomenal job of breaking down the crypto content in an easily digestible way. For people who are wanting to understand the topic even more deeply, his cohort, Crypto Y'all is a fantastic place to educate yourself about crypto.
My husband and I joined the Crypto Y'all cohort and have learned SO much in just a few weeks since this episode was recorded. I admit in the episode my very limited understanding of crypto before meeting Josh. After meeting him and experiencing his ongoing trainings, I feel I'm quickly coming to have a better grasp and feel confident investing. I've even got my own daily crypto passive income stream working for me!
I encourage you to reach consider joining the Crypto Y'all program if you are serious about learning more about this asset class and really putting it to work for you.
Click here to find out more https://www.cryptoyall.co/passive-income-examiner
Crypto farming and crypto mining are not the same thing. Crypto mining is essentially the actual mining of block chain which requires massively powerful computers and a lot of techy set-ups. Crypto Farming, on the other hand, does not require this cumbersome set up. Think of crypto farming like investing in a mining operation without having to do any of the mining... like owning a gold mine, not being the miner.
When an investor offers a crypto fund liquidity by investing in the operation, they are rewarded by daily payouts. Those daily payouts can be harvested, or cashed out, OR can be reinvested back into the project to create compounded returns. Leveraging the rule of 72, one could invest $5000 and let the proceeds continue building on themselves and essentially double their money every year. However, some farms perform even more strongly than the Rule of 72 and some investors are netting a more than 100% return on their money.
The world of defi is an interesting one that can also seem scary. I've been really grateful to have Josh guiding us, helping us learn where to get accurate information, and he has held our hand as we have begun our crypto investing journey.
I can't say enough positive things about the Crypto Y'all cohort. It's definitely worth checking out.
https://www.cryptoyall.co/passive-income-examiner
Want more great episodes like this one?
Do I need a lot of initial investment in passive income methods? https://player.captivate.fm/episode/8a902fc9-506d-47ed-b511-f7f43bc19441
How to live the laptop lifestyle everyone craves. https://player.captivate.fm/episode/1b1eb346-857d-4422-ad55-16cbf3e7defe
Overcoming analysis paralysis - How to choose a passive income strategy that is right for you. https://player.captivate.fm/episode/885531b7-a86c-48f6-9b2f-4eddd0c4e1d0
Mentioned in this episode:
Text PIE to 33777 to get your copy today.
Discover 5 ways to earn $5k a month with Passive Income
I recently discovered DESCRIPT and I love it! I can't say enough amazing things about this software. I can record videos, edit and transcribe all with one tool.
Previously I was using Audacity to record and edit. Then exporting the file to be uploaded to TEMI to transcribe it (which I had to pay for by the minute). None of this was garnering me a video so I didn't start a YouTube channel because I dreaded the hours of video editing time I would spend. (Not to mention I hate to wear make up. LOL)
In addition to saving me time and money in podcasting, Descript has changed my life with course recordings! I can't tell you how many videos I started and stopped. How many I recorded that never got edited because the process was so lengthy! Descript has radically simplified my content creation!
Visit www.Descript.com and check out a tutorial for yourself. Here are the features I love:
-Word Doc style editing. Simply copy and paste words or delete mis-spoke words to edit your video.
-Copy and paste one transcription into another to merge videos.
-Overdub voice-over - a computer-generated voice that sounds SO MUCH like your own voice, it's actually creepy, but super helpful when you make a mistake and don't want to re-record.
-Video, audio, transcription, audiograms...ALL IN ONE!
-Video storage similar to LOOM.com.
This software is incredible and will blow your mind.
Subscribe to the podcast for more incredible tips like this.
Want more episodes like this?
Publer: Your Social Media Super Hero: https://player.captivate.fm/episode/1dbb618c-6010-4458-83a8-9c9287ffac71
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Is building a quiz funnel worth it?
https://player.captivate.fm/episode/d906ca0e-a16b-4395-b8e4-79c2853f637d
PIE Tribe Exclusive Webinar: https://passive-income-examiner.captivate.fm/amazon-store
Amazon Retail Stores: Can they make you money? Listen to the episode here: https://player.captivate.fm/episode/e168113b-da6c-4204-871b-de0e61d9ce46
Do you set goals? Have you subscribed to the adage, "Reach for the stars and land on the moon?" Guest Julie Holly shares how this mindset simply sets us up to experience failure which is not a promising outlook and explains why many people either don't set goals or don't achieve them. Instead, she advocates setting challenging yet achievable goals and walks us through how she does that in today's mindset episode.
Setting goals is a very important step in life and in entrepreneurship. People who set goals, track their progress and review their goals regularly are far more successful that people who don't.
Well-meaning individuals often set goals but are missing some key fundamentals. Julie demonstrates how having clarity about your "Why" and knowing "Who" you are is step one. Before goals are even set, one must identify what is motivating them and who they are to ensure the goals align with the person. In short, make goals that are for you and not to impress others or to serve another agenda.
The second step to creating achievable goals is to be very specific about how your life will look in every area once the goals are achieved. Then break down the 'how to' steps and even plug in deadlines for the goals.
Referring to the vision daily, the way you want your life to look once the goals are accomplished will ultimately play a significant role in how successful you are with your goals.
Areas of your life to set goals in expand beyond business and financial goals. Personal relationships with Self, spouses, and children are important. As are fitness goals, impact goals, and spiritual goals. When we are approaching goal setting holistically all areas of our life will level up and ultimately create a more joyful experience.
For clarification, impact goals, are goals about what impact you want to make on the world around you. Julie refers to them as community goals.
Connect with Julie Holly at www.julieholly.com or on her podcast The Conscious Investor.
www.thepassiveincomeexaminer.com
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Would you rather Wednesday - A question to help you get clear on your goals: https://player.captivate.fm/episode/f9c934dd-e1e6-4058-847f-0add692b8de7
How he escaped the rat race and traveled with his family with Dai Manuel: https://player.captivate.fm/episode/bfbbaf3a-cea2-467d-8f72-6d626f51a916
How to overcome imposter syndrome: https://player.captivate.fm/episode/f2ffdd35-2cb7-4f79-a991-30ee1ab7d939
Mentioned in this episode:
PIE Tribe Workshop
Exclusive workshop for PIE Tribe listeners to discover if building an Amazon Retail Store is right for you.
On the podcast, Ann Sieg shares more about how she started her journey as a network marketer and eventually transitioned into building an online business. She homeschooled her boys who eventually discovered their own interest in online business. Over time, each of her sons played a role in helping her build the E-commerce Business School; a school dedicated to helping people escape the rat race by making consistent income with an Amazon retail store.
Ann's heart-driven mission is seasoned with 18 years of experience helping families. After learning more about her and her team I felt strongly that they're a great resource for the PIE Tribe!
Ann and I hosted a workshop together to help you get more familiar with her program. The workshop details:
- How long does it take to make money with an Amazon Store
- How much time and energy does it take to build an Amazon Store
- How much experience do you need to make a profitable Amazon Store
- Plus, when you register, you'll receive Ann's Profit Projection Calculator that shows exactly how much you need to invest to reach your monthly goals... whether that’s an extra 1k, 5k, or 10k+ per month! You'll get a copy of the calculator to use on your own. And you'll receive a workbook created specifically for the workshop so you can really dig into the training.
I love when we find partners that can illuminate the path and dispel the muddy waters! Click this text to register for the free webinar to see if building an Amazon store is right for you.
Some say Amazon stores are not passive because they can be labor-intensive. This is certainly true if you try to build and maintain the store on your own. This is why the E-commerce Business School teaches its students to build a business that incorporates outsourced labor to offset the time and energy you personally are putting into the business. Although, Ann and I agree that it is vital for each business owner to be well-versed in all aspects of the business and to have a clear understanding of how each element works so that you can effectively manage your investment.
I asked Ann about how many people she has helped build an Amazon store. The answer blew me away! Almost 9,000 people have built life-changing Amazon businesses as a result of the E-commerce Business Schools training. The success of her students is personally a high priority to Ann which was another reason I decided to sponsor her program. I love how she helps people systemize their businesses from the ground up so that they can quickly scale.
When built correctly, Amazon retail stores can be a revenue-generating machine. There is much to know about how to build a successful e-commerce store. Having a trusted guide to help from the beginning increases the odds of success exponentially.
Discover if an Amazon retail store is right for you: https://passive-income-examiner.captivate.fm/amazon-store
www.thepassiveincomeexaminer.com
Want more episodes like this?Automate Your Small Business to Create Massive Growth: https://player.captivate.fm/episode/09608775-6d85-4f40-9efb-2577077512ce
How he escaped the rat race and traveled the world with his family with Dai Manuel. https://player.captivate.fm/episode/bfbbaf3a-cea2-467d-8f72-6d626f51a916
App developer, author, and multi-dimensional entrepreneur, Aaron Knipp, shares his story: https://player.captivate.fm/episode/e16224d2-1cb5-4d50-90b8-b24ea47f9c26
Mentioned in this episode:
Amazon Retail Store Webinar
If you're looking to start an Amazon business, but maybe you're wondering...
Wondering what you should do with your passive income? Today's episode outlines a strategy to take you from earning active income through building legacy wealth that can be passed on to your heirs.
Passive Income is income earned with little to no effort, often from investing time or money that works for you and generates a monetary return. Whereas, active income is earned by 'actively' working for it; such as, performing at a job or providing a service.
Passive income is sought after because it gives people a chance to earn money while also freeing up their time so they can spend it doing things they love.
If you are working in a W2 or own your own business that is draining your time and energy, passive income is a great way to develop a freedom lifestyle.
I was able to quit my job when my husband and I began saving money each month. We were smart about it, though, and didn't just stick our money in a savings account, we put our investment in an asset that appreciated which doubled over time and exponentially helped us.
If I would have had more time and education, I would have deployed some of those assets into passive strategies, but at the time, I did not have the education I do now.
If I could go back and redo my exit plan knowing what I know today, I would have invested in passive strategies because a year after moving I was again in a W2 situation.
This is why I recommend the second step of the process be to diversify your investment into passive strategies. If you are just getting started and would like an overview of passive income ideas text the word 'PIE' to 33777 to get your copy of 5 Ways to Earn $5K / month with Passive Income.
Sometimes, it's easier to find one strategy to focus on that replaces your income, but I strongly encourage you to expand from there.
I like to build micro-businesses. Essentially, each passive project I build is it's own micro-business that I use to diversify my income. To me, this is very important because I don't like to put all my eggs in one basket just in case something fails.
The last step is to build legacy wealth. There are a few ways to do this, but one important one is to invest in Real Estate. (Especially if you're in the US)
In this episode, I refer to a few key people to help with this step. I've listed the recourses below:
The Private Banking Strategies Podcast
Dustin Heiner with Master Passive Income
Toby Mathis on YouTube
The Passive Income Examiner
Still want more?
Check out these other episodes:
How to travel the world and live the laptop lifestyle: https://open.spotify.com/episode/7lT4VPBnL00lTYnfwp9EVn?si=6lixq7A1QxKzkoo9P4kXMQ
Automate Your Small Business for Massive Growth - https://open.spotify.com/episode/0Tjl0oJdkJRdIFfHiAajsw?si=21d1f6903eea4962
From Humble Beginnings to App Developer and Multi-Dimensional Entrepreneur, Aaron Knnip tells his story...
https://open.spotify.com/episode/78eJCakSRaOM44XiyUdnvY?si=5SXlH1wGTBO9I_zVyFNr0A
Whether you are at the beginning of your small business journey or are ready for an upgrade, this episode with guest Michelle Nedelec will expand your mind by demonstrating how automation tools can make your business more efficient and more profitable! Michelle's team not only helps you map out the processes that are right for your business goals, but they can also do the tech FOR YOU (you know, the part no one wants to mess with)!
Hear how she and her team helped a client experience a $40K launch and much more!
More about Michelle: International bestselling author, Michelle Nedelec is an expert in Entrepreneurialism and the founder of Awareness Strategies. She’s run her own series of companies for over 22 years and for over 15 years has been helping Sales reps, Entrepreneurs, and Executives to continually double their profits and revenues.
She not only has what it takes to help her clients build a million-dollar business, but she does it time and time again. Michelle particularly loves to talk about Marketing Automation, Systems Integration, and support both on and off the stage. She teaches the key components of scaling a business: Strategy, Systems, Support, and State of Mind so you know how to continually elevate all four components to build a healthy thriving business.
For the past 6 years, she’s been focusing on helping entrepreneurs bring their businesses online from conceptualization to Done For You IT automation. She also happens to have a great sense of humor and a love for stilettos.
In this episode, Lindsay and Michelle dive into topics such as:
Connect with Michelle: https://www.awarenessstrategies.com
Follow The Passive Income Examiner on Instagram: https://www.instagram.com/thepassiveincomeexaminer
Follow on TikTok: https://www.tiktok.com/@passiveincomepodcast
30 Day Kajabi Trial on behalf of The Passive Income Examiner:
https://app.kajabi.com/r/zt3f7AsH/t/briosbr8
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