The Manual #47 - Active > Passive
There’s a huge obsession with passive income. It makes sense. Who doesn’t want to make passive income. Making money without doing anything.
Unfortunately this is not a reality for most people. Not unless you already have millions.
I used to be one of those people in love with the idea of passive income. And I still am. However I’ve come to the realisation that whilst I’m young, I should be trying to create as much active income as possible.
When you’re young, you’re usually healthy, have little responsibilities and a lot more time. This is the perfect time to work on active income. Making as much money as possible.
Then as you get older, you can use that active income to make passive income. This is the right way round to do things. Most people get too hung up on trying to do the passive stuff first.
My current plan:
Build my current businesses and generate as much revenue as possible.
Invest that money in to stocks, property and other businesses ran by other people.
When I’m older, live off that passive income, when I know time will be more valuable. I’ll want to spend it with family and friends.
Currently running a flash sale for 24 hours on the store - store.oliur.com
First video in Dubai
Sharing what’s been happening over the last few weeks.
Link Lowdown
A collection of links to stuff I think are worth sharing.
Arc Browser — Fully converted to Arc as my main web browser on Mac. It’s seriously changed the game for me. The split tabs and sidebar for tabs is smart af.
Dupe.com — A place to find cheaper alternatives to designer furniture.
Becoming.app — An app to help you be better.
Dropset — Neat looking gym working tracking app.
Atoms — Official app by the writer of Atomic Habits. Ngl it’s pretty awesome how he’s turned a book into a lifestyle.
How to create the perfect icon — Very useful article for anyone interested in icon design.
The sale isn’t working on your website :(