How Losing Oil Money Led to Creating Passive Income Ideas with Roger Rose

Are you building a business, or are you merely creating a job for yourself? Often, it's challenging to draw the line when we're following the path we know will get us by. However, most of the time, that path offers us no growth and no fulfillment; it's not for the long haul. That's why if you want to create success, the key is to build a business and have good passive income ideas. After all, can you truly say you've succeeded if you have no time to live your life?

In this episode, B2B specialist Roger Rose joins us to talk about how he got out of the trap of “creating a job for yourself.” After losing their family's oil business, he realized that he couldn't go back to where he used to be by working. Roger shares some of the best practices in productivity, discipline, and passive income ideas that he learned along the way.

Do you want to know the mindset that will help you be open to passive income ideas and enjoy your life? You’ll surely get a lot of valuable golden nuggets by listening to this episode!

Here are three reasons why you should listen to the full episode: Discover the importance of self-discipline in building an entrepreneurial mindset. Learn actionable tips on how you can address things that hold you back. Understand the concept of the financial thermostat and how you can use it to work your way towards success. Resources SHOP.COM Amazon Marketplace Yahoo Shopping Jim Rohn’s works Peak Potentials Training Presents: The Millionaire Mind 90 Day Wealth Conditioning Program by T Harv. Eker The Best Business Podcast - A Billion Dollars Worth Of Business Success Tips From Max Carey The Best Business Podcast - The 6 Laws Of Business Success With Brad Martineau The Secret (2006) Think and Grow Rich by Napoleon Hill Keap (formerly Infusionsoft) Check out Roger’s book recommendations: Who Moved My Cheese: An A-Mazing Way to Deal with Change in Your Work and in Your Life by Spencer Johnson Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T Harv. Eker The Secret by Rhonda Byrne Valuable Insights on Building a Business and Not Just Creating a Job Making It on Your Own Roger believes that you need to find out what works and focus on that. One of Roger’s biggest challenges was getting away from things that don’t contribute to his success and being disciplined. Especially when you’re working from home, you need discipline to do what you need to make money. Roger’s Self-Employed Entrepreneurial Mindset A lot of Roger’s success has had to do with finding good mentors. Mentors are people who have done what we want to do or achieve and can coach us through the process. Sometimes, we get busy without getting anything done. It’s all about focusing on things that make progress. No one was born a good entrepreneur; all the necessary traits and habits develop over time. Falling into the Trap of “Creating a Job for Yourself” Often, it's because we don't know any other way to get by. In Roger’s experience, he got spoiled growing up with their family’s oil business. He didn’t have to work for it. When he got a job, he learned that it would not bring him back to where he used to be. After getting laid off from his job, someone asked Roger to look into doing business. That time, he was open-minded enough to do it. He saw how he could replace his full-time income while working from home and have his time and freedom back. It's the reason why he's all about passive income ideas. How Roger Stays Productive In a business, compensation revolves around how much of a product or service you move to the consumer. They have different company divisions where they can help new and existing clients. You have to identify the best ways of moving products and services to the end consumer. Roger spends his time finding clients and new ways to help existing clients. One of the best pieces of advice that Roger got was, how you do something is how you do everything. How Roger Addresses Things That Hold Him Back There are times when we don't feel like doing something. Roger has to constantly inspire, motivate, and give himself a gentle push to do it. He’s a big believer in the law of attraction. He feeds his mind with positive information regularly. Roger creates and updates a goal statement. Listen to the full episode to learn how you can apply this practice! The key places where Roger puts his affirmations are his bedroom door, the inside of his front door, and on the wall right by his desk. One key thing that helps him fine-tune his goal statement is never to write "I will…" The idea should be he has already done it. On Addressing Mistakes It’s always easier to recognize other people’s faults and shortcomings. Recognizing these is important in identifying ways how they can do better in what they’re doing. Remember, we all make mistakes. Roger's Influences One of them is Doug Nelson, who is the lead trainer for Peak Potentials....