175. Your Business Shouldn't Be Your Only Income Source

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Episode Synopsis: 

In this episode, Gina Knox shares her personal story of why she is passionate about entrepreneurs building passive income portfolios outside of their business. She discusses the importance of having multiple income sources and shares her experience of her father being forced to retire early due to illness. She emphasizes the need for financial stability and the peace it brings during difficult circumstances. Gina explains the basics of investing in the stock market and highlights the value of time in growing wealth. She encourages listeners to start investing as soon as possible, even with small amounts of money. Gina also discusses the benefits of having a passive income portfolio and how it can provide financial security for oneself and loved ones.

Timestamps:

00:00 - The Story Behind the Mastermind
06:29 - The Value of Time in Investing
11:09 - Why You Should Start Investing Now
14:21 - Why Business Owners Need A Passive Income Portfolio
17:11 - Avoid Relying Solely on Your Business

Category: Wealth

Keywords: passive income, entrepreneurs, multiple income sources, retirement, financial stability, investing, stock market, time value of money, wealth portfolio, business owners