Let's Talk 7 Streams of Passive Income

Sarah Bonham

Inspiring you to live the life you desire by sharing ways to create multiple passive income streams. Whether you just started on your journey or are financially free, I’ll be sharing my personal journey & interviewing others who have created multiple passive income streams and how you can too.

  1. 08/25/2023

    How to have it all

    How does one have it all? What does having it all mean to you? Carla has evolved her offerings over time and now enjoys inner peace. She has gone from one-to-one coaching to a group program. She's grateful she can impact more women's lives while being present in her own. A lot of life boils down to choices. When you have passive income you have more choices. Listen to Carla to see if a group session or course could be right for your business. Carla Marconi is a life and leadership coach for moms. She has spent the last four years helping working moms find work-life balance, and since entering motherhood herself, she’s gained a deeper understanding of what it takes to run a business and a home, while enjoying every step. She struggled with overwhelm and burnout herself and has made it her mission to help as many working moms as possible master their mindset and time, so they too, can feel confident and in control, and find bliss within their career and parenting juggle. Carla Marconi is a Certified Empowerment & Success Coach, Hypnotherapist, Prenatal Yoga Teacher, and Meditation and Breathwork Facilitator. It is possible to have it all as a working mom.A life you are proud of where you have a successful career, fulfilling family life and inner peace and fun. Burnout to Bliss Program for overwhelm working moms Connect with Carla Marconi: @carla.blissfulmama or CarlaMarconi.com Free Masterclass: 5 Ways Working Moms eliminate burnout and feel confident and in control Connect with me on Instagram: ⁠⁠⁠@sarahlbonham⁠⁠⁠ Episode Produced by ⁠⁠⁠⁠⁠VirtuallyYou!⁠

    38 min
  2. From $100 In The Bank To $10K In 30 Days

    07/21/2023

    From $100 In The Bank To $10K In 30 Days

    Are you the type of person that when times get tough you run to the next best thing? Kyle Muzelak uses this question when interviewing prospective agents. He uses this question because you have to have perseverance and additionally self-motivation to be successful. He pointed out how anyone can do what he has done. Kyle's motivation controlled his attitude and effort because he had to support them! He went on to share about the success of his business and team. The impact of the opportunity he offers to other agents has the potential to dramatically change their lives. Kyle shared what he offers and how to build your passive income too, you don't want to miss it. After all, at the end of the day, you can only control attitude and effort! Owner of Kyle Muzelak Agency - Life Insurance Brokerage Was in the military for 9 years. Graduated with a Bachelor's at UF. Did 2 tours in Iraq and Afghanistan. Had no job for 6 months after returning home and found the insurance industry. Went from an agency of 1 to 40 within a year. Back down to 8 and growing quickly back up to a trajectory of 100 within 12 months. Top producer for the last several years earning trips to Cabo twice and flew around the country to promote a friend's TV show for insurance agents. I don't know what else really lol. Best week of $23,000 on my own pen. Best day was $18,000. My team has gone from barely writing anything to 10-22k a month consistently which was anywhere from a 10-20% override for me. Connect with me on Instagram: ⁠⁠@sarahlbonham⁠⁠ Episode Produced by ⁠⁠⁠⁠VirtuallyYou!⁠

    30 min
  3. Ep. 11 7 Benefits to having 7 Streams of Passive Income

    06/09/2023

    Ep. 11 7 Benefits to having 7 Streams of Passive Income

    Multiple streams of passive income offer several benefits: Financial Stability: Relying solely on a single source of income can be risky. If that source is disrupted or ceases to exist, it can lead to financial hardship. Having multiple streams of passive income diversifies your revenue sources, reducing dependence on a single income stream and providing greater financial stability. Increased Income: Having multiple streams of passive income can significantly boost your overall income. Each additional income stream contributes to your earnings, allowing you to accumulate wealth more quickly and achieve financial goals faster. Flexibility and Freedom: Passive income streams often require less active involvement compared to traditional forms of employment. This provides you with greater flexibility and freedom to choose how you spend your time. You have the option to pursue other interests, travel, spend time with family, or even start new ventures. Reduced Dependency on Active Work: Passive income streams generate income even when you're not actively working. This means you're not solely reliant on trading your time for money. As a result, you can reduce your dependency on a 9-to-5 job or actively trading hours for income. Wealth Creation and Asset Building: Certain passive income streams, such as real estate investments, dividend-paying stocks, or royalties from creative works, can contribute to long-term wealth creation. Over time, these assets may appreciate in value, generating additional income or capital gains. Risk Diversification: Different passive income streams can have varying levels of risk. By diversifying your passive income sources, you can spread out the risk associated with any single investment or income stream. This helps protect you from potential losses and provides a buffer against financial downturns. Security in Retirement: Building multiple streams of passive income can provide a sense of security and financial independence during retirement. It allows you to continue receiving income even after you've stopped actively working, providing a comfortable lifestyle and peace of mind. It's important to note that creating and managing multiple streams of passive income requires initial effort, research, and investment. It may take time to build these income streams, but the long-term benefits make it a worthwhile pursuit. Sara is franchising her business with FMS out of Atlanta For more Franchise Information go to TrascaandCo.com and inquire about consulting through Point NorthEast Connect with me on Instagram: ⁠@sarahlbonham⁠ Episode Produced by ⁠⁠⁠VirtuallyYou!⁠

    19 min
  4. Ep. 9 Get Paid to Network vs. Paying to Network

    05/12/2023

    Ep. 9 Get Paid to Network vs. Paying to Network

    Fred Amato is here to teach us all about launching a magazine with N2. I'm sure Fred didn't think he'd be in charge of a magazine when he was a realtor and trading in his earlier days. But when he learned of the income potential he knew he was going to run with it. He was impressed with all the training, earning capacity, and community impact. He was even more thrilled when he learned about the residual income. How would you like to have passive income you can will to your family? You can do that with this!! Fred shared what it was like to start up the magazine, the income he has experienced, and realistic expectations. Check it out to see if this is you next stream of passive income. Born and raised in New York, Fred moved to Ponte Vedra Beach, FL with his wife of 28 years and two sons ages 22 and 20 in July of 2018. Fred continues to build his reputation for outstanding service and client dedication by always delivering the utmost professionalism with all that he does. With the background of being a professional Wall Street Equity Trader for over 20 years, which he still does for himself, A FL realtor, and his newest and most favorite business - Stroll Beachwalk. Follow Fred on IG @Strollbeachwalk Contact by email if you have any questions about launching your own magazine company or trading at Fred.Amato@StrollMag.com Last words from Fred - No matter what happens in life, it’s never too later, “you can, you will, you must” - never give up!!! Trust the process, and when your gut tells you this isn’t good for you, do not be afraid to walk away and start something new. Connect with me on Instagram: ⁠@sarahlbonham⁠ Episode Produced by ⁠⁠⁠VirtuallyYou!⁠

    42 min

Ratings & Reviews

3.4
out of 5
7 Ratings

About

Inspiring you to live the life you desire by sharing ways to create multiple passive income streams. Whether you just started on your journey or are financially free, I’ll be sharing my personal journey & interviewing others who have created multiple passive income streams and how you can too.

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