Grit: Going Through the Mud
The contradiction of 'passive income' is that it requires a tremendous amount of active effort at the outset and throughout to maintain the systems. The either/or dilemma is: start only when it's easy OR risk burnout from the reality of hard work. The constitutional approach requires facing the reality with Simple clarity.
Grit is the core propulsion element—the 'Engine'—that enables the portfolio to grow. It is the recognition that business ownership requires the ability to 'go through the mud' and handle operational problems. This Simple truth keeps expectations realistic. The both/and solution is using Grit AND Simple Systems to sustain truly passive income over time. Watch the full interview for the complete methodology. https://youtu.be/l20LigfZEXc
DISCLAIMER: This content is for educational purposes only and should not be considered personalized financial advice. Always consult with a qualified financial professional before making financial decisions.