Cashflow Funnel

September 20, 2012 — Leave a comment

Creating multiple sources of cashflow or your own cashflow funnel is essential to your financial freedom. The common mistake people make is that they create cashflow funnels that require their time, money & energy in order to have cashflow consistently come in.

At the beginning, this is perfectly fine, and should probably be expected, but the purpose is to design your cashflow funnels so that they continue to funnel cashflow to you once you remove yourself from the operations.

Creating cashflow funnels that run in your absence is what produces passive income which minimizes your tax liability (allows you to keep more of the money you make) and frees up your time so you can live the lifestyle you desire.

So while most people create cashflow through a job (earned income)

or stocks (portfolio income)

our focus is on generating cashflow through passive income