I started building passive income at 22 years old & it changed my life.
I now have over 10 streams of it.
Here are 5 reasons you need to start building passive income when you’re young:
I now have over 10 streams of it.
Here are 5 reasons you need to start building passive income when you’re young:
1. Skill > time.
When you're young & start a job, they’re not going to pay you well.
You could be working overtime every day & still not making ends meet.
This was me at 22 & it drove me to find alternative ways to make money.
Passive income pays you for skill not time.
When you're young & start a job, they’re not going to pay you well.
You could be working overtime every day & still not making ends meet.
This was me at 22 & it drove me to find alternative ways to make money.
Passive income pays you for skill not time.
2. The compound effect.
If you started building passive income right now, it'll make you 6 figures in 3 years.
Place 1 vending machine which makes you over $10k a year.
That 1 vending machine will give you money to place a new 1 every few months.
$10k x4 =$40,000 in 1 year.
If you started building passive income right now, it'll make you 6 figures in 3 years.
Place 1 vending machine which makes you over $10k a year.
That 1 vending machine will give you money to place a new 1 every few months.
$10k x4 =$40,000 in 1 year.
3. It’s a low-cost investment.
Most passive income streams are cheap to start compared to most businesses.
Half the time with vending machines you don’t even need to put a down payment.
This makes it easy for you when you’re young & don’t have a lot of income to play with yet.
Most passive income streams are cheap to start compared to most businesses.
Half the time with vending machines you don’t even need to put a down payment.
This makes it easy for you when you’re young & don’t have a lot of income to play with yet.
4. You can do it while in school.
Passive income is a “job” you can work while you’re in high school or college.
It only requires a few hours a week so you won’t miss out on classes or other activities.
A few hours a week on 1 vending machine can bring you over $1000 a month.
Passive income is a “job” you can work while you’re in high school or college.
It only requires a few hours a week so you won’t miss out on classes or other activities.
A few hours a week on 1 vending machine can bring you over $1000 a month.
5. You’ll be more successful.
If you’re between 16 & 25, you’re going to be better with technology than the older generation (No offence).
You’ll be able to find ways to use things like AI & technology to make more money with less time doing passive income.
If you’re between 16 & 25, you’re going to be better with technology than the older generation (No offence).
You’ll be able to find ways to use things like AI & technology to make more money with less time doing passive income.
Why you need to start passive income when you’re young:
• Skill > time
• The compound effect
• It’s a low-cost investment
• You can do it while in school
• You’ll be more successful
• Skill > time
• The compound effect
• It’s a low-cost investment
• You can do it while in school
• You’ll be more successful
Have you started building passive income yet?
If you want to build your own vending machine empire:
1. Follow me @MrPassive_ for more of these
2. RT the tweet below to share this thread with your audience
1. Follow me @MrPassive_ for more of these
2. RT the tweet below to share this thread with your audience
If you want to generate $1,000 to $10,000/month in Passive Income:
DM me "Passive" and I'll send over some details.
DM me "Passive" and I'll send over some details.
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