You’re at a stage in your life where it’s likely that you’ve realized your most valuable and important asset is TIME, and you’re laser beam focused on finding ways to “buy back your time.” You’re actively purchasing passive income generating assets and or automated recurring revenue generating businesses in this pursuit.
But here’s what you may not know…all “passive income” is not created equal. For example, ACTIVE | Passive Income from real estate investing is generally the only way that many of us are familiar with, to try to tap into passive income. But ACTIVE | Passive Income is not AUTOMATED income, because it still requires a trade of SOME of our TIME managing people, process, etc in order for that money to keep coming in.
To truly be in RING 4: Financial Independence, it requires that we have purchased at least one PASSIVE | Passive income generating asset, or PASSIVE | Automated Recurring Revenue generating business. This is the requirement for AUTOMATED income, so we’ve got bad news for some of you…if you’ve only invested in real estate up to this point, you’re actually still in RING 3: Financial Flexibility, no matter how much property you own, and no matter how much money that real estate generates for you monthly.
The transition to RING 4: Financial Independence from RING 3: Financial Flexibility has nothing to do with how much money you make or have, or whether or not you’re investing IN GENERAL. It is about the specific types of assets and or businesses you are investing in or buying, such that you can eventually cover 100% of your monthly living expenses (survival) + monthly lifestyle expenses (leisure) with AUTOMATED income.
In that moment, waking up and working every day is truly optional, because your lifestyle is 100% paid for, on autopilot, before you ever roll out of bed in the morning.
In RING 4: Financial Independence, you’ve begun to focus on expanding your automated income, but going to work every day is not yet optional, and your obligation to trade hours for dollars is still MANDATORY. There are specific things you need to KNOW, people and resources you need to HAVE or have access to, and things you to need to DO in order to “Ring Up” to RING 5: FINANCIAL AUTONOMY, in the shortest amount of time possible.
Will you “intend” to “do better,” and “hope” to figure out a path to progress toward Financial Autonomy over the next 12 months, on your own?
Will you put yourself in an environment that is designed exclusively to move you forward on this path, with a national community of other like-minded individuals who are all focused on the exact same thing you are?
Neither choice is the “right” choice…but one may be more likely to get you where you’re going…predictably. Either way, the choice is yours. We trust that you’ll make whatever the right choice is for yourself, right now.