Passive Income is a Myth

Join Our Email List and be the First to Hear about Breaking News and Exciting Offers <br>https://nomadcapitalist.com/email <br> <br>Secure Your Spot at the Best Offshore Conference - Nomad Capitalist Live 2022 - September 21-24 in the most vibrant city in the world, Mexico City: <br>https://nomadcapitalist.com/live/ <br> <br>People who want to get ahead and succeed in their lives and businesses don’t sit still. That’s why passive income is a myth. Nothing in life is passive. Some people who own rentals, perform equipment leasing, or own real estate may argue that statement, but even that income is not technically passive, anyway. <br> <br>In this video, Andrew shares a video from Gary V and explains why he thinks passive income is a myth. <br> <br>00:00 Start <br>0:21 Passive Income <br>2:48 Gary Vaynerchuk - Earning &quot;Passive Income&quot; <br>6:13 Passive Income is a Myth <br>8:00 How to Become an Entrepreneur <br>12:08 Capital Gains Tax <br>16:00 How To Become Rich <br>20:00 Selling Books <br> <br>Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to &quot;go where they're treated best&quot;. <br> <br>Work with Andrew: https://nomadcapitalist.com/apply/ <br> <br>Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. <br> <br>Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort. <br> <br>About Andrew: https://nomadcapitalist.com/about/ <br>Our Website: http://www.nomadcapitalist.com <br>Subscribe: https://www.youtube.com/subscr....iption_center?add_us <br>Buy Andrew's Book: https://nomadcapitalist.com/book/ <br> <br>DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.