Episode 109

Do I need a lot of initial investment in passive income methods?

Hey friend, are you wondering how much money you'll need to get started earning passive income? This episode may help clear things up especially if you are considering an online business selling courses or drop shipping.

We even touch on how you can begin investing in real estate without any of your own money out of pocket. 

Key take-aways:

- To run an efficient online business selling information via courses or memberships you'll need 1) A CRM (a place to house email addresses and send emails.) 2) A website 3) A place for your courses to live 4) you may need a merchant provider; however, your web provider may have that as well.

- To run an efficient drop-shipping site you'll need 1) A website 2) A payment gateway 3) an CRM (email storage & mailing platform) 4) A wholesale source (You may have product to invest in depending on which route you choose)

- Think from the end! Make a business blueprint and invest in the software depending on where you plan to end up with your business.

Books I mention:

Robert Kiyosaki's O.P.M (Investing in real estate with other peoples money)

Tim Ferriss' The 4-Hour Work Week (drop shipping references)

To discover 5 ways to start earning $5K / mo with Passive Income Text the word PIE to 33777 or download your copy here. https://www.myunpluggedlifestyle.com/pl/2147593113

Get your 30 day free Kajabi trail here: https://app.kajabi.com/r/zt3f7AsH/t/briosbr8

Follow me on Instagram @ www.instagram.com/thepassiveincomeexaminer

www.thepassiveincomeexaminer.com/resources

 

 

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Freedom Entrepreneur Podcast
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Lindsay Sutherland

Lindsay Sutherland is a business consultant, speaker, and entrepreneur dedicated to helping business owners build companies that run with freedom, purpose, and profit. With over 20 years of leadership and sales experience in the automotive industry, Lindsay understands the challenges of growing a business that feels more like a burden than a blessing. After leaving corporate life, she co-founded Biz in a Box Solutions, a CRM and automation company that empowers small service-based businesses to streamline their operations and reclaim their time.

Her signature consulting program, The Clockwork Method, guides overwhelmed business owners through the process of systemizing, scaling, and stepping back into the true role of visionary leader. Lindsay’s approach blends practical business systems with faith-led alignment, helping entrepreneurs not only make more money but also create a business that supports their life — not the other way around.

As the host of The Freedom Entrepreneur Podcast, Lindsay shares strategies, stories, and mindset shifts that challenge conventional thinking and inspire business owners to grow without burning out. She also co-owned Off Grid Unlimited Installations, an electrical and renewable energy company in Idaho, where she lives with her husband and four children on their family farm.

Passionate about redefining success beyond hustle culture, Lindsay helps leaders build businesses rooted in clarity, sustainability, and freedom. Whether she’s speaking on stage, consulting with executives, or mentoring faith-led entrepreneurs, her mission is the same: to help people transform their business into a vehicle for purpose, profit, and lasting impact.