Passive income is a trap 🚨 Here’s what the wealthy actually do…

440 viewsabout 1 year ago0m 5sScore: 75

Michael Chang

Growth & Marketing
intermediate
Profitability
Tax Strategy
Team Management
Multiple Properties

Summary

The video emphasizes that passive income is not truly passive and requires upfront capital, active management, and constant monitoring. It suggests focusing on scalable active income streams, mastering high-value skills, building systems and teams for leverage, investing in cash-flowing assets, and using advanced tax strategies.