"𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐏𝐚𝐬𝐬𝐢𝐯𝐞 𝐈𝐧𝐜𝐨𝐦𝐞"

1. Mindset Shift

The book emphasizes changing your mindset from trading time for money to creating income streams that work for you.

2. Types of Passive Income

It explores various passive income sources, including real estate investments, dividend stocks, royalties, and online businesses.

3. Diversification

The importance of diversifying your passive income streams to minimize risks and ensure a stable financial future.

4. Initial Effort

Building passive income requires significant effort upfront, whether it's researching investments or setting up an online business.

5. Leverage

Utilizing other people's time, money, and resources can accelerate the growth of your passive income streams.

6. Continuous Learning

Staying informed about market trends and investment strategies is crucial for adapting and optimizing your passive income over time.

7. Real Estate

The book likely discusses how real estate can be a powerful vehicle for passive income, generating rental cash flow and potential appreciation.

8. Dividend Investing

Exploring the benefits of investing in dividend-paying stocks and the potential for compounding returns.

9. Creating Systems

Designing automated systems for your online businesses or investments is key to reducing your active involvement while maintaining income flow.

10. Long-Term Vision

Building passive income is a long-term endeavor. Patience and discipline are necessary as results may take time to materialize.

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Habits of successful people

1. HABIT TO WORK HARD

If in simple terms, in Russian, then work hard, work hard and work hard again. In another way (unless you are the son of an oligarch), you will not be able to become more successful and reach a new level of personal development. Only hard, constant and exhausting work will help you reach new heights. And do not just work, but give yourself to your work, like a loving wife to her husband.

2. HABIT TO SET HIGH STANDARDS

It is only important to distinguish high goals from unrealizable ones. If you set it too high, you will burn, if you set it too low, the result will be mediocre. Therefore, the best way out is to identify one main and very serious goal, and break it down into smaller ones.
- I wanted to become a god, but I became only Shakespeare. Who will you be if you want to become just me? Shakespeare.

3. HABIT TO SEE YOUR GOAL

Those. be very specific about what you want. Do you want to become more successful? Great! But what exactly do you mean by “successful”? A new position, an apartment, a wife, your own business? This, however, is not so important. The most important thing is to clearly understand, see your goal and move towards it consciously, because if you do not know your destination, then it will be quite difficult for you to buy the right train ticket.

4. THE HABIT OF DOING WHAT YOU LOVE

Alexander Valuev would hardly have become the world champion in rhythmic gymnastics. Understand what brings you pleasure from work. Do not listen to other people and do not follow other people's prejudices. Yes, becoming a cool businessman is a success, but if you are more into playing football, then maybe it is better to become a professional goalkeeper? Remember, it doesn't matter what you do. In any field of activity (if we are talking about work) there are extra-class professionals who earn big money. Get in the habit of doing only what you love, and then you will achieve success. If you are not passionate about your work, nothing will work.

5. THE HABIT OF OCCUPATION OF YOUR TIME

Finally stop reading tape.ru and turn off the TV. Make it a rule to do something useful every free minute you have. Donald Trump once remarked that time is more valuable than money. money can be earned, but time can never be returned. And he is absolutely right. Nothing, absolutely nothing bothers you on the road, instead of listening to the next nonsense on the FM radio, listen to a podcast, and read a book in line to the doctor. Do not waste your precious (in the literal sense) time on unnecessary nonsense, take it.

6. THE HABIT TO ACT

You can lament long and hard about the unjust world, greedy "capitalists", and the lack of normal work. But until you finally get off the chair and go to an interview, you will not get a new position. Remember, a truly successful person is distinguished by the habit of action. Of course, this requires a plan, purpose and means. So find them, and finally start taking some action.

Join @Busines_Insight

Habits of successful people

1. HABIT TO WORK HARD

If in simple terms, in Russian, then work hard, work hard and work hard again. In another way (unless you are the son of an oligarch), you will not be able to become more successful and reach a new level of personal development. Only hard, constant and exhausting work will help you reach new heights. And do not just work, but give yourself to your work, like a loving wife to her husband.

2. HABIT TO SET HIGH STANDARDS

It is only important to distinguish high goals from unrealizable ones. If you set it too high, you will burn, if you set it too low, the result will be mediocre. Therefore, the best way out is to identify one main and very serious goal, and break it down into smaller ones.
- I wanted to become a god, but I became only Shakespeare. Who will you be if you want to become just me? Shakespeare.

3. HABIT TO SEE YOUR GOAL

Those. be very specific about what you want. Do you want to become more successful? Great! But what exactly do you mean by “successful”? A new position, an apartment, a wife, your own business? This, however, is not so important. The most important thing is to clearly understand, see your goal and move towards it consciously, because if you do not know your destination, then it will be quite difficult for you to buy the right train ticket.

4. THE HABIT OF DOING WHAT YOU LOVE

Alexander Valuev would hardly have become the world champion in rhythmic gymnastics. Understand what brings you pleasure from work. Do not listen to other people and do not follow other people's prejudices. Yes, becoming a cool businessman is a success, but if you are more into playing football, then maybe it is better to become a professional goalkeeper? Remember, it doesn't matter what you do. In any field of activity (if we are talking about work) there are extra-class professionals who earn big money. Get in the habit of doing only what you love, and then you will achieve success. If you are not passionate about your work, nothing will work.

5. THE HABIT OF OCCUPATION OF YOUR TIME

Finally stop reading tape.ru and turn off the TV. Make it a rule to do something useful every free minute you have. Donald Trump once remarked that time is more valuable than money. money can be earned, but time can never be returned. And he is absolutely right. Nothing, absolutely nothing bothers you on the road, instead of listening to the next nonsense on the FM radio, listen to a podcast, and read a book in line to the doctor. Do not waste your precious (in the literal sense) time on unnecessary nonsense, take it.

6. THE HABIT TO ACT

You can lament long and hard about the unjust world, greedy "capitalists", and the lack of normal work. But until you finally get off the chair and go to an interview, you will not get a new position. Remember, a truly successful person is distinguished by the habit of action. Of course, this requires a plan, purpose and means. So find them, and finally start taking some action.

Join @Busines_Insight

🟢What is swing trading?

🔵Swing trading is a trading strategy that involves trying to capture price moves that happen on a short to medium time frame. The idea behind swing trading is to catch market "swings" that play out over a few days to several weeks.

Swing trading strategies work best in trending markets. If there's a strong trend on a higher time frame, swing trading opportunities can be plentiful, and swing traders can take advantage of larger price swings. In contrast, swing trading can be more difficult in a consolidating market. After all, if the market is going sideways, it's harder to capture large price changes.

Next topic 🔵How do swing traders make money?

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A Mexican billionaire says he only holds these assets in his liquid portfolio:

• Bitcoin

• MicroStrategy stock

• Bitcoin and gold miners' stocks

• Oil companies' stocks

Way to go 💪

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When things don't seem clear:

° walk
° talk
° read
° write
° sleep
° reflect
° exercise
° meditate

These things will give you clarity.

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Why mistakes are good?
Strong people make as many mistakes as weak people.

Difference is that strong people admit their mistakes, laugh at them, learn from them. That is how they become strong.

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4 habits for success

There are many habits that can contribute to success, but here are four that I think are especially important and beneficial:

° Reading: Reading is a habit that can help you gain new knowledge and understanding of a variety of topics. Reading can help you stay current on the latest trends and methods in your field, learn new skills and information, and expand your horizons.

° Exercising:
is a habit that can help you keep your body and mind healthy and strong. Exercising can help you activate your brain, improve your cognitive functions, reduce stress and anxiety, and boost your self-confidence.

° Promoting positivity:
is a habit that can help you create and maintain a positive outlook on life. Promoting positivity can help you surround yourself with positive social interactions, form and sustain meaningful relationships, and project optimism to others.

° Preserving work-life balance: is a habit that can help you avoid burnout and remain engaged in your work.

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How to become noticeable in your environment?

— All people are designed in such a way that they cannot ignore people who ignore them .

In order to become noticeable in your environment, you need to become super busy . You must always have your own plans and, if they intersect with someone else, do what you need.

- You must be inaccessible to female attention and control the situation when communicating with men.
— It is such people who are always in the spotlight and have a higher status .


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