Monthly Archives: November 2016

Why You Need A Human Connection Over Technology—It's Important For Your ROI
Nov 23

Why You Need A Human Connection Over Technology—It’s Important For Your ROI

In today’s episode of The Art of Passive Income, Mark and Scott talk to Ted Rubin from TedRubin.com. Ted is a Leading Social Marketing Strategist, Keynote Speaker, Brand Evangelist, and Acting CMO of Brand Innovators. He is a guy that says what he thinks and believes that being who you are is key to building a business or a following.

Providing good customer service is vital for any company. Here are a few things you can apply to your own business:

  • Form a human connection—people do not want to be treated as a number.
  • Be genuine!
  • Be consistent!
Your Return On Relationship will enhance ROI in every form it comes to you. Click To Tweet

Listen in as Ted delves deep into the importance of Return On Relationships and how it will enhance your Return On Investment.

TIP OF THE WEEK

Mark: Learn more about Ted by going to TedRubin.com

Scott: PaperWorks.io—An app to easily manage all of your email accounts in one place. It scans your inboxes and downloads your attachments then stores them so they’re easy to find. No more searching through multiple email accounts to find what you’re looking for. 

Ted: A challenge for you— for the next 30 days pick up the phone once a day and call someone you haven’t spoken to in awhile.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

When Success Doesn't Bring Happiness—Why You Need To Have Balance In Life
Nov 17

When Success Doesn’t Bring Happiness—Why You Need To Have Balance In Life

In today’s episode of The Art of Passive Income, Mark and Scott talk to Jeffrey Slayter from JeffreySlayter.com. Jeffrey is an International Speaker, Philanthropist, Entrepreneur and Thought Leader. He works with people to help them find their own leader within themselves.

A few topics we discuss:

  • Chasing the metal rabbit—your definition of success. But what happens when you catch the metal rabbit and you still aren’t happy?
  • What makes a good team leader.
  • How having high engagement can be profitable and why culture is key in building strong teams.
If we don't love what we do, we are wasting away. Click To Tweet

Jeffrey offers up a lot of great advice. Listen in as we go DEEP in this thought provoking episode!

TIP OF THE WEEK

Mark: Go to JeffreySlayter.com

Scott: Get Remotely—an app for iPhone and MAC users, to access your entire hard drive from your phone.

Jeffrey: Write down every area in your life that you lose track of time. Then find a way to spend your time in those domains because then you’ll be more true to who you are and your life will be magic.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Avoid The Mistakes Entrepreneurs Commonly Make—What You Need To Know To Move Forward
Nov 10

Avoid The Mistakes Entrepreneurs Commonly Make—What You Need To Know To Move Forward

In today’s episode of The Art of Passive Income, Mark and Scott talk to Jon Nastor who is the creator and host of the podcast Hack The Entrepreneur.

After creating some software companies he became bored and listened to the advice of some people who suggested that he should start his own podcast. So he decided to put 30 episodes out there and when those spiraled out of control it quickly became a full time business. Jon’s 277th episode just came out.

The guys talk about the things that entrepreneurs struggle with, what holds them back, and what they should be focusing on:

  • Self-confidence
  • Being able to make decisions
  • Executing with discipline

And also, Jon talks about just-in-time learning—the execution of only needing to know what you need to do RIGHT NOW. Don’t worry about 6 months down the road, focus on what needs to be done now!

Unless you have self-confidence to execute and make decisions, you're never going to move forward. Click To Tweet

There is some great entrepreneurial advice in this episode that every business owner should know. Listen in to find out why it’s NOT a great idea to outsource the tasks that you hate to do yourself.

 

TIP OF THE WEEK

Mark: Subscribe to Hack The Entrepreneur with Jon Nastor and the book, So Good They Can’t Ignore You: Why Skills Trump Passion in the Quest for Work You Love by Cal Newport

Scott: InstantTranslate for iPhone. You type your message and it instantly translates it into any language.

Jon: Read the book What Got You Here Won’t Get You There: A Round Table Comic: How Successful People Became Even More Successful by Marshall Goldsmith

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Can Buying An Existing Business Be Lucrative And A Good Model For Passive Income? What You Need To Know About Being In The Business Of Buying Businesses
Nov 03

Can Buying An Existing Business Be Lucrative And A Good Model For Passive Income? What You Need To Know About Being In The Business Of Buying Businesses

In today’s episode of The Art of Passive Income, Mark and Scott talk to Ace Chapman, website Ace Chapman. Ace is in the business of buying businesses and is an expert when it comes to buying established businesses. In the business for 17 years now, he knows what to look for and what to stay away from.

In college, on a scholarship studying political science to become an attorney, Ace fell into this business. He had reached out to some guys who owned a company for software that he was using. He discovered that were letting it go and after doing the math, he figured it was a great deal. He closed his very first deal at the age of 19.

A few things to consider when buying an existing business:

  • Get into a business that’s already making money.
  • How long has it been in business?
  • Does it have systems and people already in place to run it?
When you make that decision to buy a business, you've got to treat it like a business. Click To Tweet When buying a business, you have to dig deep into due diligence and it’s crucial that you see yourself as being in the business of buying a business.

Do you have what it takes? Listen in to find out.

TIP OF THE WEEK

Mark: Learn more about Ace, go to his website Ace Chapman 

Scott: Read Ace’s book, The Ace Formula: How to Buy a Business

Ace: Go to BizBuySell and learn from the people that have already built great businesses.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?