Ep. 380 - Three Income Streams To Focus On

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Michael Mante Podcast

Michael KaaGee Mante

377 episodes

1 day ago

This Podcast offers a combination of books to help you Become a LEADER among your peers, face failure to Succeed, stand up for yourself and stop being pushed around, put yourself first and take care of yourself, build your dream business, and attain financial freedom and lastly become LEGENDARY and live your life fully.

Entrepreneurship

Business

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Entrepreneurship

Business

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Ep. 380 - Three Income Streams To Focus On

Michael Mante Podcast

6 minutes 32 seconds

1 week ago

Ep. 380 - Three Income Streams To Focus On

1. Earned Income – Your Launchpad
What it is: Your main job or skill-based side hustle (consulting, freelancing, etc.) Goal: Use your earned income as seed money to fund investments and build your business. Focus:
• Maximize your current income (ask for raises, add a side skill).• Live below your means and save 20–30% of income.• Build a personal brand or freelance service around your best skill.

2. Business Income – Your Freedom Vehicle
What it is: A small business or system that can run without you. Goal: Replace your job income with business revenue. Focus:
• Start something low-cost and scalable — like content creation, digital products, or a service-based business (consulting, marketing, rentals, etc.).• Automate with systems, templates, and digital tools.• Reinvest profits into growth, not lifestyle.

3. Investment Income – Your Wealth Multiplier
What it is: Money that earns more money. Goal: Achieve true financial independence where assets cover your bills. Focus:
• Start with index funds, ETFs, or real estate.• Automate monthly investing (even $100/month compounds over time).• Reinvest returns to accelerate wealth growth.