Instead of how to build passive income

Instead of going on how to build passive income such as: starting a blog, YouTube channel, invest in the stock market for capital gain and dividend income, or real estate, or sell digital products, or do affiliate marketing etc. As an alternative I’ll go over some easy to miss practicalities.

If you want to build passive income, you may want to just stop consuming and start creating.

You need to stop listing to podcast. You need to stop watching YouTube videos. You need to stop reading blogs.

You need to stop consuming infomation that you are not using.

Why? you already know that what to do. You just need to do it.

You just need to start and adjust as you go. Of course, Take calculated risk. Just don’t put yourself into a situation where if you fail, you have to start all over.

For exmaple, if you have a 9-5 job and you wants to start a online business.

Just don’t leave your job. Start the side hustle and once your total passive income is greater than your total expenses then you can leave your job.

You body have limited amount of energy. You may want to do the hard thing first thing in the morning.

It’s going to get tough, you may get stuck or bored. Find a way not to get sidetrack and keep yourself going.

You are the only person that is accountable for your financial freedom. You may want to do some discipline till it becomes a habit. You know yourself better than anyone, so you should already know what has not work and what could work.

Now this is super important. Please be ultra practical.

For example there are many ways to make money online.

Do not follow the crowd.

You should find someone that has the lifestyle that you think you want and model them. Don’t copy them, just model them. Incorporate what qualities and habits and beliefs that you think are useful and disregard the others.

Is not failure until you give up. As your journey progress you’ll find that many things does not go as well as we planned. Learn from the experiences, track what you did and try again.

You can lose many times, but you only need to win once. Once you win, it would be mostly about maintaining.

That’s it,

Now, start and adjust as you go.