The One Investment That Won't Let You Down (and Will Make Passive Income)Here is how to successfully make passive income.
ByJeff Rose•
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In this video, Entrepreneur Network partner Jeff Rose describes the one tip that can lead you to millions: Work on your side hustle. This is a way for you to make sure you have a reliable blanket of savings, no matter the conditions. Rose points out that thought the 2019 unemployment rate is impressively low right now, the average American's earnings have not gone up.
The benefit of a side hustle is that they are relatively cheap to get off the ground, normally do not require extensive business experience in marketing or coding, and you don't need to hire other employees.
To start your side hustle you will need the idea, the time and the grit, Rose says. Rose emphasizes that a side hustle is not the traditional format of trading in your time for money, instead, it is creating an asset and watching it grow profit over time.
Click the video to hear more.
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