Relying solely on your active income is no longer prudent or sustainable in today’s business terrain. The significance of proactively building passive income streams cannot be overstated. Passive income offers financial security and the flexibility and freedom to savor life on your own terms. And it provides peace of mind, diversification, and a reliable income source during retirement. Whether you're just embarking on your entrepreneurial journey or have been a seasoned business owner for decades, it's never too early or too late to begin constructing a portfolio of passive income streams. Therefore, make it a top priority and unlock the financial freedom and lasting prosperity that every business owner rightfully deserves. Your financial future depends on it. In today’s podcast, Chris Miles from Money Ripples and Steven Halasnik from Financing Solutions (https://financingsolutionsnow.com/) discuss “why every business needs passive income.”