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Hey, it's Rachel— I just got off the phone with one of my friends from college. Get this: After grad school, he started an Amazon business that sold DVDs he found at discount stores. For years, he was doing great. I admired him because he didn't have to have a traditional 9-5 job. But then the world changed, and more competition came into the market, and his Amazon business stopped being profitable. 😢 He had to go back to work. He worked at various jobs and made good money for years. He got married and had a kid... And then he got restless. On a whim, he created a YouTube channel, positioned himself as an expert in a certain niche, and invited people to book a free appointment with him. Then he went on vacation. When he returned from vacation, he had a few people book appointments, and he closed thousands of dollars of sales during those calls. Now, years later, he has a thriving business worth millions and a team of employees and he only works 'till around noon every day. 🤯🤯🤯 Can you imagine what would have happened if he had given up?! In today's email:
Idea of the WeekThe Ultimate Beginner's Guide To Earning Passive Income You Need to KnowHave you ever dreamt of earning passive income while you sleep? Or fantasized about going on a vacation without worrying about the next paycheck. Enter the captivating realm of passive income, a financial fairy tale that’s become a reality for many. ​Continue reading...​ Resources of the Week
This Week's Email is Sponsored By:SpeechFrom J.K. Rowling​Something NewAdvice CornerQ: Thank you for your emails, they're always helpful. I have a quick question for you. How do you recommend continuing to move forward on a goal or pursuit even when a situation is tough and feels impossible to overcome? A: Thank you so much for your question. I really appreciate hearing from you and knowing that you trust me to answer questions like these. Facing tough situations can be incredibly challenging, but it's important to remember that there are always strategies to help you keep moving forward. Here's what I'd recommend:
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Hey, it's Rachel— I have a friend who is a real estate investor. He has experience flipping homes. One day, I asked him, "What does it take to be successful? Do you have to time the market just right?" He told me, "It didn't matter what the market is doing; it's all about the deal." "If you get a good deal, it doesn't matter if the economy is good or bad; you'll make money." That lesson has always stuck with me. In my (currently failing) quest for a bigger home, I come across a lot of homes...
Hey, it's Rachel— My husband and I are enjoying our 10-year anniversary this week. We decided to take this time to discuss our dreams and visions for the next 10 years of our relationship. This may sound weird, but going to business school taught me the importance of having a clear vision and goals for a business, and I've learned to apply that same kind of planning to my life. I highly recommend taking some time to reflect on what you want in your life. Here are some great questions to...
Hey, it's Rachel— If you missed it, I've been surveying you (my audience) to learn what you need and how I can help. A common theme in my survey responses is people's uncertainty about where to start (they lack the right direction and guidance on how to find/observe opportunities). So, today, I'm going to address that question. If you want to be successful in any endeavor (whether that's starting a business or achieving a big goal), I think the best place to start is by researching people who...