3 Things You Need To Know About Passive Income

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How great would it be to wake up every day and have passive income give you your dream lifestyle? Unfortunately, there are 3 things you need to know about passive income before you ever try to pursue it. So in today’s video, Dan Lok is going to share what most people never tell you about passive income.

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#MakeMoreMoney #PassiveIncome #Income #Passive #IncomeStreams

This video is about 3 Things You Need To Know About Passive Income
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The most important thing to know:

It doesn’t start with being passive, *but being active first!*

wolfofdubai
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It's an Old Phrase but it ALWAYS Holds True: Nothing Worth having comes Easy.

EddZone
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Agreed. Don’t quit your job just yet. You can’t feed your family on potential. Get that passive income to match or at least come close to your active income. After it’s built, keep it up for 6 months to 1 year to insure stability then you can quit your 9-5.

ChrisMosesBrownMind
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Passive Income is something I'm trying to create.
It's taking time. But It feels great to take the step forward to build a SUCCESSFUL future
Thank you for your Perspective Dan

speeder
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This is why I prefer the term “residual income”. Using my capital as leverage to have others send me more income is slowly setting me free from the rat race. No shortcuts. 👌🏾

CaseyBurnsInvesting
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Thank you so much @Dan Lok I believe finding you this year is going to greatly add to my growth in one way or the other!

Thank you TEAM...LOVE TO CONNECT!

simonkine
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A really great video Dan, I was chatting with my neighbour the other day and she told me that in passive income you don't work at all.

mariapady
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Dan I have been watching you for some time, I’ve learned values just from your videos, I got my first passive income last year, I think your videos really show people that it’s possible to earn income outside your employer. Thank you, Belus

BelusTraveller
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I always love learning new stuff in my free time, thank you for the valuable information/ content.

IvanUSAObey
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Thank you Shifu. You've changed my perspective

fireeconomicswithjt
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Great sense Dan..
Never heard before..
Thanks Dan.. I will apply this in my pursuit of passive income.🙏

imaAYOOLUWA
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Crisp and clear! 👌👌 It's a very useful video!
I'm reminded of the parable of the pipeline. Yes, it takes time and effort to build a pipeline while you're still carrying buckets (working on active income)!

EnglishwithVennila
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Thanks alot man for giving a headsup on that. I already had that feeling for what u told here, but thanks to your video I dont have to believe it anymore, I know it know!

philippk
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I always give a like before watching the video. 🥂😊
Thank you so much Dan!

dhruvpatel
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THIS is soooo truuueee!!! thanks for sharing this IMPORTANT content - it confirms also my strategies I followed the past 5 years.
finding someone who finally has the courage to tell the truth in a such EFFICIENT way and who delivers so much valuable content in every single video - is really worth to be called SIFU.. or at least worth to be recognized as a TRUE mentor.

gilcesar
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Thank you it is very mind clearing fact.

aubaig
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Love the knowledge in your videos always, thanks Dan

fadshisha
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2:43 *this point Dan is making is absolute gold* & I try to explain this to people, but they got it all figured out💪☻

Je.rone_
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Stay afraid but do it anyway. What’s important is the action. You don’t have to wait to be confident. Just do it and eventually the confidence will follow.

pyschologygeek
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It really sounds sense Dan. All focus on making a decent amount of active income first should be the agenda 👍

deekshasejwal