Donni is right. I bought her course from an old episode. She talked about how she was coaching/q&a every week and I havent seen her once. She has other people in place which is cool. I absolutely love this podcast and the gems you both consistently drop❤!
For the morning meet up to grow, in addition to the sample episodes being posted which is great, you could also get to the point where you can post “this week on the morning meet up”, previewing who will be speaking or the topics of the week, as people act on fomo, and that can help to increase members.
Most Amazing YT channel with righteous integral Heart centred operators your setting the tone for the culture. Keep creating and contributing to the Excellence we so desperately are in need of 👑👑👑👑💚💚💚💚💚🙏🏾🙌🏾🕯️ 🏆🏆🏆
Passive income always require something to be done on the front end. Also passive is relative…passive to me is something like writing a book and listing it on Amazon. The front end is writing and uploading the book to Amazon. Once that’s done, it’s passive. Rental properties are definitely passive!
This is a great convo! I think y'all are missing one crucial point though. The question is not really whether something is passive... the question is HOW LONG something is passive. It sounds like from what both of you are saying, the work you do on the front end determines how long your income can be passive before you have to do something to adjust or tweak the system to continue that passive status.
Dave is right on this one! Donni is twisting the meaning. I think the words have to be defined to make the argument clearly. -Leveraged income -passive income -delayed income -active income I think donni is mixing up delayed income with passive income. If you had to work for it, even if you are not working for it anymore, it becomes a leveraged or delayed income coming through passively. So its not purely passive but with the real estate play its more passive any of those other plays donni mentioned. So its not that anything is passive entirely but can be more or less passive.
I’m watching and taking it in doses this is juicer than love and hip hop this is mental spiritual physical mathematics present legacy so much I’m taking notes on everything lately you’ll be impressed I will be leaving notes next week on this video I will be leaving notes on the other video basically cliff notes this is classic I see Breakfast Club and so much more blessings🦋🦋🦋🦋🦋🦋👂🏾👂🏾👂🏾👂🏾👂🏾👂🏾❤️
@@lucymary2344 Crypto is bigger than just sending and receiving coins in wallets,I got educated on DEFI,NFTs,Investing/Trading, Technical Analysis, Crypto Security,Risk management and how to trade like a professional.
David, if you are planning to "step your game up" in passive income specifically in real estate you have to also step your game up in involvment. Terrika is great but as you grow your're going to have to strategize on what you want. You will also likely have to involve other investors if you are looking to capitalize on other markets because it sounds like Terrika's main expertise is in Louisiana. You may need to strategize on updates you make to the property to maximize equity. You may have to actively leverage your doors to get more doors (BRRR or 4321 Method). It is a passive business in that you collect a check each month but you have to be involved in some capacity. Again, Donni is right. #TeamDonni lol
I’m in the beauty industry. I purchased maybe two course ($150 & $240 low ticket) but the funny thing is… I know nothing about the owner of the course. I just saw an ad on ig on the two courses. Now I’m working on creating a very similar model.
Donni was right. Passive income does take work on the front in and it makes you passive money later. For instance, blogs, books, podcasts are all passive income. It keeps working for you after you stop working.
Bravo!!! let’s manifest that show ! Tyler Perry would love to help you look into that ..imagine pitching your segment on one of his shows entertainment and education??!!! hey just picking the brain 🧠 to get those thinking juices flowing☮️💕
Even Crypto is pretty hands-free but you still have to do things. Passive doesn't mean never do anything. It just means you are putting in minimum effort to keep it going
If you love what you do it will never feel like work. If you love what you do you will never want to stop doing it. The vital question is do you truly LOVE what you do? Generally speaking
David, I see you realizing that Donni knows everything and she has done everything you are thinking about doing...🤣🤷🏽♂️ I still love the show!! Thank You!!
Moral of the story both Passive and active income require activity. The only difference is whether or not Continue consistent active is required to earn money
Intellectual property is the truest passive income. Writing a book can always bring money in. I have a gameplan for the book writing too. I dont just write a book to sell, but it can always b sold. Thats why td jakes keeps writing books
I feel like these two are just kind of throwing dirt on each other in a nice way. Trying to get the point across of whom is smarter and richer or what not
both are right, but real estate is more passive. With or without marketing people always need a place to stay. Digital course it's great, but always need marketing to sell. People buy digital base on temporary need.
Passive income is different for everyone. If you are making money for something that you don't want to do actively, that is passive income. We're always gonna have to do something and pay attention to something but when it's what you want to do and enjoy doing It can be considered as passive as well because your mind is not on the money for survival purposes.
Stocks are active income because you have to open and close the trade. Even in buying shares, you have to sell your position in order to receive the profit. Digital content is indeed passive. Once created and published for sale the content being sold is not recreated or managed. I think David's confusion is with the time. Passive income just means you create something once and make money off it consistently without any additional effort put into it by its creator.
I probably wouldn’t buy a course from a coach that wasn’t actively still posting in the space because i want the most up to date information. (Depending on what I’m trying to learn of course)
David. . Example, Elvis Presley been dead decades and makes way more money than when alive. It has taken care of his family generationally. Donni, true about Aaliyah her record company was trash. Her albums weren't available.... No passive business exists that doesn't require someone's activity. There are Passive Income STREAMS though. I'm with Donni all day on that. Evergreen digital products (no group) are passive income streams. However you set up automated system for ads to continually promote it. I don't think passive means zero action. Even if it's only 5 mins week or month. I'd still consider it passive though. I think in the example of your friend taking year off and money the same. Because he has rental units and someone managing and receiving payments . That's a great passive income. Love yall, great episode as usual...
stock dividends is as passive of an income any person can get. Houses require someone to touch it. Any business requires someone you are hiring to take care of it. Quasi passive. Big super rich people have regular passive sets of income. Someone just starting out can pretend to have passive income which is simply partially passive.
A business can be built on a personal brand and be passive, music is a great example. Artists create music that are decades old and still make money. Beyonce is definitely making money from Destiny's Child music.
There's nothing 100% passive, but real estate income is as passive as you can get (even more than digital products). The rent comes in monthly and you have to do nothing for it but have an ownership position in the property. If you have a property manager in place you can get really passive and maybe have to work on it 1-2 hours a month.
He's smart. He is just slow in a good way. I really mean it. He's also a hustler with an outstanding work ethic. So he is in the position he is in. But him being adjacent to smarter people definitely helps out. 😄 Keep doing what you doing Dave. I ain't mad at it. One time for us slow smart adjacent people...😂
Donni Donni Donni...🔥🔥🔥🔥
She the whole package...💪🏾💪🏾💪🏾
But as always great podcast...
Donni makes it better..😊😊😊
DAVID IS THE BEST
Donni is right. I bought her course from an old episode. She talked about how she was coaching/q&a every week and I havent seen her once. She has other people in place which is cool.
I absolutely love this podcast and the gems you both consistently drop❤!
For the morning meet up to grow, in addition to the sample episodes being posted which is great, you could also get to the point where you can post “this week on the morning meet up”, previewing who will be speaking or the topics of the week, as people act on fomo, and that can help to increase members.
We do this every week actually, at the beginning of the week we post it on Instagram!
They do that weekly 💪🏾
I’m a real estate investor.. Gotta ride with David on this one.
Yes those boots you need an affiliate link. As always Great Episode
Donni is right Dav . Give her her flowers 💐
Most Amazing YT channel with righteous integral Heart centred operators your setting the tone for the culture. Keep creating and contributing to the Excellence we so desperately are in need of 👑👑👑👑💚💚💚💚💚🙏🏾🙌🏾🕯️
🏆🏆🏆
Passive income always require something to be done on the front end. Also passive is relative…passive to me is something like writing a book and listing it on Amazon. The front end is writing and uploading the book to Amazon. Once that’s done, it’s passive. Rental properties are definitely passive!
In order to create passive income first you have to actively set it up, then the cash flow that is generated from your initial activities is passive.
This is a great convo! I think y'all are missing one crucial point though. The question is not really whether something is passive... the question is HOW LONG something is passive. It sounds like from what both of you are saying, the work you do on the front end determines how long your income can be passive before you have to do something to adjust or tweak the system to continue that passive status.
Dave is right on this one! Donni is twisting the meaning. I think the words have to be defined to make the argument clearly.
-Leveraged income
-passive income
-delayed income
-active income
I think donni is mixing up delayed income with passive income.
If you had to work for it, even if you are not working for it anymore, it becomes a leveraged or delayed income coming through passively. So its not purely passive but with the real estate play its more passive any of those other plays donni mentioned. So its not that anything is passive entirely but can be more or less passive.
My online besties!!
We appreciate the support!
Mines too! I listen religiously ❤️❤️
I'm glad I was able to attend one session since I joined..... but Kyle is doing an AMAZING job!
I’m watching and taking it in doses this is juicer than love and hip hop this is mental spiritual physical mathematics present legacy so much I’m taking notes on everything lately you’ll be impressed I will be leaving notes next week on this video I will be leaving notes on the other video basically cliff notes this is classic I see Breakfast Club and so much more blessings🦋🦋🦋🦋🦋🦋👂🏾👂🏾👂🏾👂🏾👂🏾👂🏾❤️
Please how do I learn to invest in crypto?
Same here, I had always wanted to invest in crypto but I don't know how to. l don't want to loose on my savings.
I lost all my money trading crypto on my own.😞
@@lucymary2344 Crypto is bigger than just sending and receiving coins in wallets,I got educated on DEFI,NFTs,Investing/Trading, Technical Analysis, Crypto Security,Risk management and how to trade like a professional.
I just started investing in crypto currency with an expert trader.I wish I knew about this since.
@@paulbrown3984 seems you've been into crypto for long. Please how can regain my lost money back?
Love the info as usual 🔥🔥
But Donni coming thru with the outfits!💯😎
David, if you are planning to "step your game up" in passive income specifically in real estate you have to also step your game up in involvment. Terrika is great but as you grow your're going to have to strategize on what you want. You will also likely have to involve other investors if you are looking to capitalize on other markets because it sounds like Terrika's main expertise is in Louisiana. You may need to strategize on updates you make to the property to maximize equity. You may have to actively leverage your doors to get more doors (BRRR or 4321 Method). It is a passive business in that you collect a check each month but you have to be involved in some capacity. Again, Donni is right. #TeamDonni lol
David, Donni is right.
Donnie reps the girlz right!!!!!!☝🏾👏🏾👏🏾💫
Yeeeaaaa...I'm with Donni on this whole passive income convo, lol.
THE GREAT DEBATE!! ❤🤣🤣🤣 I LOVE IT. I LOVE THE VALUE YOU TWO BRING
I’m in the beauty industry. I purchased maybe two course ($150 & $240 low ticket) but the funny thing is… I know nothing about the owner of the course. I just saw an ad on ig on the two courses. Now I’m working on creating a very similar model.
Donni was right. Passive income does take work on the front in and it makes you passive money later. For instance, blogs, books, podcasts are all passive income. It keeps working for you after you stop working.
Bravo!!! let’s manifest that show ! Tyler Perry would love to help you look into that ..imagine pitching your segment on one of his shows entertainment and education??!!! hey just picking the brain 🧠 to get those thinking juices flowing☮️💕
Another great podcast
Both of y’all are right!
Thank you, another great one David and Donni! I make websites for a living, struggling to think how I can scale passed getting paid once for them.
Monthly management/maintenance & hire others to do it via upwork
Scaling is the process of making income more passive
Donni 🌹💚🧠
“I’m trying to help y’all get to where I’m going..” 💎
Peerspace would be great for your new studio space.
That's a bar🔥
I love y'all. Y'all a mess 😂
Love it
Even Crypto is pretty hands-free but you still have to do things. Passive doesn't mean never do anything. It just means you are putting in minimum effort to keep it going
If you love what you do it will never feel like work. If you love what you do you will never want to stop doing it.
The vital question is do you truly LOVE what you do? Generally speaking
I’m experiencing dejavu… I swear this conversation happened before
I got that too felt like I seen this episode before I even went back to check
Glad to know I’m not the only one! Lol
Donnie Do Be Fresh AF Every Episode 😍🤤
David, I see you realizing that Donni knows everything and she has done everything you are thinking about doing...🤣🤷🏽♂️
I still love the show!! Thank You!!
“😂 ... it’s trademarked. 😐 (David: ‘Yeah’)” I cried laughing.
JOE! why you zoom in on thats mans curled up mustache like that! lol😂
Donni got her content set up like how music artists is still was able to release albums past death.
Thank you Donnie , David gotta hold it down better for the fellas intellectually , no such thing as having a passive income by his logic
Moral of the story both Passive and active income require activity. The only difference is whether or not Continue consistent active is required to earn money
I am committed that is what my beneficiaries receive a check for floyd my way back to assist me with dignity
#high Fashion killer 👌🙏🏾☝️
Intellectual property is the truest passive income. Writing a book can always bring money in. I have a gameplan for the book writing too. I dont just write a book to sell, but it can always b sold. Thats why td jakes keeps writing books
🙌🏽
What's the link to crown me collections 👀
I feel like these two are just kind of throwing dirt on each other in a nice way. Trying to get the point across of whom is smarter and richer or what not
Where can I get that no days off hoodie?
Shanes I have to agree with Donnie on the passive income disagreement
both are right, but real estate is more passive. With or without marketing people always need a place to stay. Digital course it's great, but always need marketing to sell. People buy digital base on temporary need.
Passive income is different for everyone. If you are making money for something that you don't want to do actively, that is passive income. We're always gonna have to do something and pay attention to something but when it's what you want to do and enjoy doing It can be considered as passive as well because your mind is not on the money for survival purposes.
That's a shirt David "Copy the right Cat"
Anyway we can get garyvee ? That’d be such a dope interview!!
GaryVee would be using all kinds of profanity. Dave would have to trash the episode.😂🤣🤣
33:19 😂 step your passive game up. (Note to self)
Stocks are active income because you have to open and close the trade. Even in buying shares, you have to sell your position in order to receive the profit. Digital content is indeed passive. Once created and published for sale the content being sold is not recreated or managed. I think David's confusion is with the time. Passive income just means you create something once and make money off it consistently without any additional effort put into it by its creator.
I probably wouldn’t buy a course from a coach that wasn’t actively still posting in the space because i want the most up to date information. (Depending on what I’m trying to learn of course)
"VR for your audience be the first!!! "
Getting rents for a propert can be passive. After you renovate it and tha increase the rent. The increased rent is the passive income.
Hmm I’m feeling like David is being purposefully antagonistic in this one 😬 she held this conversation very well
👽👍
David. . Example, Elvis Presley been dead decades and makes way more money than when alive. It has taken care of his family generationally.
Donni, true about Aaliyah her record company was trash. Her albums weren't available....
No passive business exists that doesn't require someone's activity. There are Passive Income STREAMS though. I'm with Donni all day on that.
Evergreen digital products (no group) are passive income streams. However you set up automated system for ads to continually promote it.
I don't think passive means zero action. Even if it's only 5 mins week or month. I'd still consider it passive though.
I think in the example of your friend taking year off and money the same. Because he has rental units and someone managing and receiving payments . That's a great passive income.
Love yall, great episode as usual...
Donni 🤤🤤😍😍
stock dividends is as passive of an income any person can get. Houses require someone to touch it. Any business requires someone you are hiring to take care of it. Quasi passive. Big super rich people have regular passive sets of income. Someone just starting out can pretend to have passive income which is simply partially passive.
Let’s gooo
👑👑☮️🦋
Dave you cool, but Donna looking nice I love her, just love seeing her, she got style n grace
Musicians build on a personal brand and even if they stop actively making music, they will still be passively compensated for their catalog…
Who is the guy with the 🤠?
yes keep the cameras lower cuz damn lol
A business can be built on a personal brand and be passive, music is a great example. Artists create music that are decades old and still make money. Beyonce is definitely making money from Destiny's Child music.
There's nothing 100% passive, but real estate income is as passive as you can get (even more than digital products). The rent comes in monthly and you have to do nothing for it but have an ownership position in the property. If you have a property manager in place you can get really passive and maybe have to work on it 1-2 hours a month.
Donnie B fine as isht
She knows she's hot. 🔥
Dr. Myles Munroe is dead and his business is still thriving; and he was definitely his business.
I think a scam account is using your name Donni. They asking for bitcoins and all kind of stuff
Who is Donnie B?
Passive means no work, or no work..
Mmmmmmmmmmhhhhhmmmmmmm
Lol that is DEFINITELY passive income 😂
have they heard of a faimly office
I’m trying to hobbit he meet up in person his can I get more info I just joined morning meet up today.
Hey Donni men are that way because we just are...🤣🤣🤣 Just like women are like women🤣🤣🤣
Oh Donni did win Dave.
David is really not that smart but he’s surrounds himself with smart people. David Is smart Adjacent.
He actually is smart and knowledgeable. Lol you must don't watch often
He's smart. He is just slow in a good way. I really mean it. He's also a hustler with an outstanding work ethic. So he is in the position he is in. But him being adjacent to smarter people definitely helps out. 😄 Keep doing what you doing Dave. I ain't mad at it. One time for us slow smart adjacent people...😂
Donni has it passive. David just wanted to disagree lol