Ryan Daniel Moran – Ultimate Passive Income Strategy For Entrepreneurs

Ryan Daniel Moran – Ultimate Passive Income Strategy For Entrepreneurs

To my fellow entrepreneurs…
First things first: I am not an investment advisor. I am an entrepreneur and I work with entrepreneurs. I’ve made a lot of mistakes as an angel investor, as a business buyer, and just as an investor in general. I’ve made mistakes in my companies, too. I have hired and fired the wrong people, and I have made careless mistakes in my business that have cost me hundreds of thousands of dollars.
I tell you that because I want you to know that I’m just like you. I’m an entrepreneur who tries a lot of things. I keep what works, and I get rid of everything else.

Most of us get into this game because we want passive income to let us live the lives that we desire most. And I’ve made a lot of bad decisions in my quest for passive income.
Like buying a restaurant. Or buying that website that I never did anything with. Or even forex trading.
Based on that, you probably shouldn’t listen to a darn thing that I have to say about investing.I’ve gone down all the rabbit holes that everybody else chases. I’ve looked at cryptocurrency, I’ve dabbled in real estate, I’ve tried to be a stock timer. I’ve even bought businesses that I had no idea how to operate.
As one of my mentors says, “Entrepreneurs make just enough money to pay for all of their other mistakes.”
Man, do I know what that’s like.
Entrepreneurs are the best people in the world at making money.
But…
We are some of the worst people in the world at keeping and growing our money.