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As we finish 2021 and enter a brand-new year, many coaches are focusing on the financial health of their businesses. For this reason, I wanted to bring back an expert on the subject, Chris Miles, to share his expertise on all things financial. In this episode, Chris reveals how he became financially free, what you can do as a coach to develop passive income sources, and so much more!
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In this episode you’ll hear:
- How Chris became financially free after realizing that the real power is in alternative investments
- The way he navigated the Covid pandemic by using contrary marketing
- Chris’s transition from 60 hours a week to just 10 to 20 hours of work each week
- The difference between residual income and passive income
- Strategies to start building passive income within your business, and outside your business
QUOTES:
“The truth is, people aren’t retiring financially free, they are not getting to the place they want to be, and it does not address the here and now. How do I actually prosper today?”
“What I have noticed with coaching businesses is that when you are desperate for business that is the very time people don’t want to hire you.”
“Whether you know it or not, you are putting off and omitting these kinds of frequencies. You’re putting off stuff that is either going to be a place of power and attraction or a place of repulsion because of your desperation.”
“What we are trying to do is create freedom of prosperity for all people.”
LINKS:
Episode #51: Chris Miles: Cash Flow Expert Gives His Business Building Advice
Indistractable by Nir Eyal
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