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🎯What do you think? + 19 Passive Income Ideas 🎯
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Hey, it's Rachel— Last week we talked about the beginning of just about anything being hard. This week, I wanted to discuss how to speed up the process and make things easier. Going back to lessons in chemistry, I want to remind you of the concept of a catalyst. What is a catalyst? In chemistry, a catalyst is a substance that changes the rate of a chemical reaction. For example, it speeds up a reaction or enables it to proceed under milder conditions. In life, this can translate into a person or event that quickly causes change or action. It could also be learning a new skill or finding a tool that makes achieving your goal easier. So, if you want to achieve a goal faster or make something easier, ask yourself what can catalyze your growth and learning. Sometimes, it only takes one good catalyst to start a huge reaction. One relationship. One strategy. One question... Speaking of questions, I have something I need you to do. >>Click here to take my survey.<< What's in it for you? You will get a chance to win cash, and some other prizes, and you'll also help me curate content to help you. Content that could just be the catalyst you need to achieve your big goals in life. Seriously, though, if you like my emails, the #1 way to support me is to spend 5 minutes sharing information to help me better serve you. >>Please click here to take my survey<< ❤️❤️❤️ In today's email:
Idea of the WeekBest 19 Income-Producing Assets for Passive Income You Need to Know AboutThere’s a ton of buzz online about making income with side hustles. While I love passive income business models, they only represent one asset class (business) for producing passive income. In this post, I’ll break down tons of different income-producing assets. They can help you generate various levels of passive income. Resources of the Week
This Week's Email is Sponsored By:MemeGetting Started You Should KnowTime to ThinkIf you're reading this, this is a friendly reminder that taking time to simply think is ok. Cancel your plans, turn off your phone, sit still, and think. Think about your goals. Think about your dreams. Think about the next steps. Something NewAdvice CornerQ: How do I act when I'm drowning in a sea of information and unsure what I can do? A: I love this question! What do you need to do when you're drowning? Get out of the water. It could involve unsubscribing from emails (not this one, of course), cleaning your desk, or deleting Instagram, TikTok, etc., from your phone. Basically, you need to cut off the source of the problem. Then, go back to the basics. For example, start by defining your goal. Then, ask yourself what information would support that goal. Next, seek specific information that aligns with your goals. (Hint): You may already have the information you need sitting in an unstarted course, an unopened book, or an untapped personal connection. Next, you need to act even when you're unsure. Work to consistently take actions that are likely to support your goals. The more you do this, the higher your odds of success will be. Do you have a burning question related to passive income, personal finance, or positive psychology that you need answered? If yes, hit reply and send me an email with your question. If you're lucky, I'll answer it in this section of the next newsletter. |
Hey, I'm Rachel!
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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...