There have been so many things that happened from 2020 that should’ve woken you up to start doing things differently for yourself and your business. 2020 was a fire alarm for many entrepreneurs and it showed us that no matter how hard we work, we could be non-essential, we could be shut down, and we could be next.

If you are the next business to close its doors, what’s going to happen to you? If you don’t know how to answer that question, then this episode is perfect for you. We need multiple streams of income and we’re going to talk more about why you need it, what happens if you don’t, and how you can protect yourself further.

Quotables

“What happened in 2020 was a fire alarm for you. It should’ve been a fire alarm for you.”

“They don’t invest for cash flow, they try to gamble and try to hit a home run that’s gonna solve their problems.”

“That gamble mentality is what happens right before you tank.”

“The biggest thing you should’ve learned from 2020 is that you need other streams of income coming in.”

“The more it keeps climbing up, the harder and faster it will drop on you, and it will cost you a lot of money.”

“If you’re an entrepreneur, your number 1 investment should be your business.”

“You can’t just keep pumping money in where it doesn’t make a return.”

“No matter what kind of business you’re in, you need multiple streams of passive income.”

“Mindset doesn’t just liberate you from a numbers standpoint, but it also liberates you from an emotional standpoint.”