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The Secret Formula to Create Passive Income

“People won’t open the door to relationships without validity.”

Linda McKissack is a highly successful entrepreneur, business owner, real estate investor, mentor, and author of, HOLD: How to Find, Buy and Rent Houses for Wealth.

Linda shares how she discovered the importance of freedom while working her 8:00-5:00 job. She decided to get into real estate because she saw unlimited income opportunities.

Life has unexpected twists and turns, and you must always be prepared. For instance, her perspective is passive income is a method to always be prepared. “Your greatest crisis if you wait long enough, can become your greatest blessing and certainly will WAKE YOU UP!"

When we walk over dollars to get dimes, someone else is in control. Therefore, get good at creating freedom, time, money, and relationships. 

"I help successful, but overworked entrepreneurs understand the power of leverage and passive income so they can get freedom and margin for what matters the most.” which is Linda’s definition of freedom and this is incorporated from her purpose statement.  In addition, she also believes relationships grow as freedom grows.

What is your freedom number? Your freedom number is the amount of passive income that would allow you to live the life you desire to live without having a job.

The Secret Formula for Success:

Who can you be a HERO for? People won’t open the door to relationships without validity.

There are 3 ways to get someone to self-discover

  1. Great stories they can see themselves in
  2. Great questions that make them think
  3. Experience-what will it look like in a relationship

Here's What We Cover in This Episode

  • Get up every day and attempt to achieve more. Life is about becoming more.
  • Success is always stepping into the next opportunity that scares the heck out of you.
  • Successful entrepreneurs tend to go deep on other opportunities instead of wide.
  • No one succeeds alone. Be willing to take people with you.
  • Definition of JOB-Just Over Broke.

Resources

FREE GIFT- Text FREEDOMNUMBER to 33444 to receive the FREEDOM NUMBER worksheet.

Linda's Book Recommendations

Connect with Linda