The power of passive income
Updated | By East Coast Radio Podcasts
Tired of the endless stream
of "passive income" promises that seem too good to be true?
In the latest episode of The Hustle with Justin Harrison, you'll get the no-nonsense scoop on achieving financial freedom without the hype.
This Johannesburg-recorded conversation dives deep into smart money strategies for solopreneurs and small business owners (or anyone who wants to take control of their financial future).
Justin debunks the myth of effortless passive income, revealing that all income streams require some upfront work.
But the good news? The effort you put in can be tailored to your current resources, whether you have more time or money to leverage.
Episode breakdown:
00:37 Diving deep into passive income
05:57 Empowering the youth: Financial and business advice
10:27 Predicting the future: Skillsets, technology, and economy
13:41 The Vanishing middle class: A stark reality
16:42 Mastering Growth: Emotional control and logical decision-making
18:02 Wrapping Up: The essence of hustling
Press play above or below to listen.
Last time on The Hustle, Justin Harrison talked with Jared, a budding entrepreneur from Johannesburg, about the realities of running a solo business.
They covered several important topics such as staying motivated during tough times, the loneliness of entrepreneurship, and how to handle financial struggles effectively.
Episode breakdown:
00:34 Dealing with the Challenges of Entrepreneurship
02:52 Overcoming Financial Struggles
07:27 Starting a Journey in Content Creation
11:00 The Importance of Mentorship
16:59 Launching an Online Brand
20:16 Closing Remarks
Listen below.
If you're going to start a business successfully, the first thing you need to do is be debt-free.- Justin Harrison
Meanwhile, starting a side hustle with big dreams of it becoming your main hustle can be overwhelming. Knowing where to start and where to invest your time and money are the two biggest challenges faced by most people starting out. Listen to Justin's episode about starting a side hustle, below.
LISTEN | Which business should you start?
The Hustle with Justin Harrison won 'Best Finance Podcast' in the 2023 APVA Awards and was a finalist in the 2023 DSTv Content Creator Awards for 'Podcast of the Year.'
If you would like to be part of the podcast and have your questions answered and featured in the podcast, send a voice note via WhatsApp to 081 750 2349 or send an email to [email protected].
More about Justin Harrison:
Justin Harrison is the author of eight personal finance books; he’s a serial entrepreneur, investor, wealth creator, popular TikToker and one of South Africa's thought leaders in the financial technology space. During his career, Justin’s been involved in launching over 100 businesses. He is a passionate South African who loves living in KwaZulu-Natal. Justin is a father of three and an avid sportsman who believes deeply that South Africa is one of the best countries in the world.
Listen to more from The Hustle via the channel below:
Main image courtesy of East Coast Radio Podcasts.
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