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BiggerPockets Business Podcast

43: Financial Freedom Through Multiple Streams of Income with Yaro Starak

BiggerPockets Business Podcast

BiggerPockets

Business, Careers

4.8696 Ratings

🗓️ 18 February 2020

⏱️ 63 minutes

🧾️ Download transcript

Summary

Do you value freedom and time above all else? Are you craving a lifestyle doing what’s truly most important to you, while financially supporting yourself, your family, your hobbies, and your adventures? Today’s guest has done just that, paving his own way and achieving freedom on many levels: financial, time, and mental. He’s taught thousands of people how to do the same. Today, he shares how you can do it, too! Yaro Starak—an online entrepreneur earning a full-time income from the internet since 2004—walks us through his evolution of multiple businesses, identifying potential opportunities, and taking steps with minimal risk to start additional ventures. He debunks myths about passive income and digs deeply into the “how” of making a “laptop lifestyle” work. Yaro gives actionable tips to identify areas in which you’re an expert, then use that expertise to earn income by sharing that information with others. He tells us the lessons he’s learned along the way: from early goals of simply making money to intentional, conscious decisions to do something you love to working with people you really enjoy. And make sure you listen for Yaro’s recommendation on how to fast-track learning the ins and outs of a business you’re passionate about, closing your gaps in knowledge, and increasing awareness of how everything works before wasting time and energy charging full-speed ahead. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover: How he built his "lifestyle business" Focusing on starting a 4-hour work week business Why entrepreneurs are always looking for opportunities The 3 different types of freedom Figuring out how business works Why freelancing is a good starting point How he's able to manage his business His whole process in selling his courses and how you can do the same How to be good at the 80/20 rule The theory of constraints and sprints And SO much more! Links from the Show BiggerPockets Podcast BiggerPockets Forums   Check the full show notes here: http://biggerpockets.com/bizshow43 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Vanta.

0:03.5

Stressing over cybersecurity, whether you're a startup, growing fast, or already established.

0:08.6

Vanta can help you get ISO-27,01 certified and more.

0:13.5

Plus, it allows your company to centralize security workflows,

0:17.6

complete questionnaires up to five times faster,

0:19.7

and proactively manage vendor risk to

0:22.2

help your team stay compliant. Head to vanta.com slash Spotify to learn more.

0:28.5

So, you want to be a marketer. It's easy. You just have to score a ton of leads and figure out a way

0:34.8

to turn them all into customers. Plus manage a dozen channels,

0:37.9

write a million blogs and launch 100 campaigns all at once. When that's done, simply make your

0:42.6

socials go viral and bring in record profits. No sweat. Okay, fine. It's a lot of sweat. But with HubSpot's

0:49.9

AI-powered marketing tools, launching benchmark-breaking campaigns is easier than ever.

0:55.3

Get started at HubSpot.com slash marketers.

0:58.7

Here's the truth about AI.

1:00.8

AI is only as powerful as the platform it's built into.

1:04.4

Service Now puts AI to work for people across your business,

1:08.3

removing friction and frustration for your employees,

1:12.1

supercharging productivity for your developers, providing intelligent tools for your service agents to make

1:17.0

customers happier, all built into a single platform you can use right now. That's why the world

1:23.1

works with ServiceNow. Visit ServiceNow.com slash UK slash AI for people.

1:29.0

Welcome to the Bigger Pockets Business Podcast show number 43. I think I figured out how

1:37.0

business works. I was realizing, okay, so it's about learning how to sell, having something

...

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