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Building Actual Passive Income with Pat Flynn

New to the Erika Taught Me podcast? Start here: Barbara Corcoran (Shark Tank) on success:    • How Barbara Corcoran turned $1,000 in...   What Financial Experts Won't Tell You About Money -    • What Financial Experts Won't Tell You...   Ryan Serhant on Creating a Millionaire Mindset -    • Ryan Serhant: What I CHANGED to becom...   Asking The $100,000,000 Man How To Get Rich | Alex Hormozi -    • Asking The $100,000,000 Man How To Ge...   Ep 15 - Host of the Smart Passive Income podcast Pat Flynn teaches us his tips to build passive income. Learn how to build passive income streams the smart way, and what mindsets and methods to avoid if you want to truly reach success. Listen to Smart Passive Income here: https://www.smartpassiveincome.com/sh... I’m running a free “Save $1,000 Challenge” to teach you creative strategies to save money. It’s 5 days long and starts on Monday. Grab your free spot here: https://Erika.com/go Thanks for tuning in and come back every Tuesday for a brand-new episode! Prefer to listen on the go? Listen wherever you get your podcasts. https://www.erikataughtme.com/follow Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erika.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. Connect with me on Instagram at / erikankullberg and / erikataughtme For more information, go to https://www.erikataughtme.com/ Get on my personal finance & investing course priority waitlist here. https://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erika.com/mastering-YT For more of my free resources: https://erika.com/all-links Timestamps: 00:00 - Intro 00:46 - The day Pat Flynn was laid off 05:20 - How did Smart Passive Income start 07:03 - What are the biggest misconceptions about passive income? 10:13 - Pat Flynn's different passive income streams 20:53 -The easiest way to get started 24:45 - Most important lessons that you'll learn through trial and error 39:51 - Exit strategy of Pat Flynn 43:25 - How Pat Flynn wants to spend the next 5 years 54:02 - Pat Flynn Taught Me