Brian: Active Versus Passive Income

[rifat28dddd]

My advice is that you’re going to reach some level of success where you have to start making some decisions about what type of business you’re going to be. Are you going to continue to be a sole proprietor business where you’re doing all the work, or are you going to scale? If you do scale, you have to bring on other photographers, because you’re a good salesperson.

You can cover sales for a while, but you can’t cover the work. So you have to go out and bring more business in and bring another photographer in. The more photographers you bring in, the more you can scale up.

They don’t have to go prospect, because there’s a lot of norway telegram data people out there whose ideal is to be a photographer, but they don’t want to hustle the way you’re willing to. As a result, you have the opportunity to build a much bigger business you can grow into.

You’re right. I don’t know exactly what that looks like for me yet. I’m still kind of young in the business and just want to figure out how to design my life. I don’t want to create a soul-sucking job or a tremendous amount of stress.

But I do have to relieve that active income versus passive income gap somehow. It’s very active income right now, so I have to be on-site with a camera. But I am definitely looking at ways to try to change that percentage a little bit.

Jeb: It’s All About The Hustle and Making Connections
The good news is that you know how to sell. Find something that you like to do that you’re good at. Then understand that just because you’re good at it, just because you’re talented at it, that’s not enough.