The High Worth $hift™

Passive Profit Beats Passive Income – Episode #16


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This episode puts you in the know.

In my 23 years of wealth management experience, I’ve never met – out of tens of thousands of high-income earners – a high-income earner who acknowledged the distinction between passive income and passive profits.

Passive Profit beats passive income.

High income earners aim for passive income.

High wealth individuals know to aim for passive profits.

Truth vs hype.

This episode will teach you the truth so that you can reject passive income myths.

The 4 passive income myths that are costing you the most are:

Myth #1 - Passive income is easy to create.

Myth #2 – Passive income is the highest goal to achieve.

Myth #3 - Passive income means “set it and forget it.”

Myth #4 - Passive income happens quickly.

These passive income myths are stealing money from your future.

Reject passive income myths; instead embrace passive profit.

What is passive profit?

Listen to this episode to learn about passive profit and how to achieve it.

Podcast Cheatsheet:

Likely Wealth - 4:00

Client Case Study - 16:07

Episode’s Rich Behavior - 19:03

Ready to Start Behaving Wealthy:

https://www.behavingwealthyacademy.com/roi-retirement-roadmap

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The High Worth $hift™By Robin A. Young, CFP®