Get 1 month of Make for free here → https://go.aliabdaal.com/yt/make-passive Check out my FREE 7-day crash course to learn to focus better → https://go.aliabdaal.com/yt/focuscc Join my FREE quarterly goal-setting and reflection workshop on Saturday 20th September: https://go.aliabdaal.com/autumn25ytd --- MY PRODUCTIVITY APPS 📝 Momentum: Energising Habits (iOS) - Download Here → https://go.sparkle.so/momentum/ytd 👻 Voicepal: AI Writing App (iOS/Android) - Download for Free → https://go.aliabdaal.com/voicepal/ytd MY BOOK 📕 My New York Times bestselling book Feel-Good Productivity (2,000+ 5-star reviews) https://go.feelgoodproductivity.com/amazon/yt MY COURSES 🚀 Build a $100k/year lifestyle business without quitting your day job → https://go.aliabdaal.com/lifestylebusinessytd 🧠 My Productivity System: LifeOS → https://go.aliabdaal.com/lifeos/ytd 🤑 Grow / Monetise your YouTube Channel → https://go.aliabdaal.com/PTYA/yt CONNECT WITH ME 💌 Join LifeNotes, my weekly email where I share what I’m reading & learning: https://go.aliabdaal.com/lifenotes/yt 📸 Instagram: https://instagram.com/aliabdaal 👨💻 Linkedin: https://www.linkedin.com/in/ali-abdaal/ 🌍 My website / blog: https://www.aliabdaal.com/ ------------ Hey friends, this is another video where I'm sharing a conversation I had with a friend about how to achieve financial freedom. In this one, I'm focusing specifically on the principles around passive income and how to build it for yourself. I hope you find some value in it! Enjoy xx 🔗 OTHER LINKS MENTIONED IN THIS VIDEO How to Start Your First Business in 48 Hours: https://www.youtube.com/watch?v=zVBHOKJgouI Million Dollar Weekend: https://geni.us/xa3Aa ⌚️Timestamps: 0:00 - Introduction 01:00 - What Is Passive Income? 01:39 - Why Do You Want Passive Income? 04:17 - Passive Income Through Investments 10:07 - Passive Income Through Building a Business 23:25 - Finding the Right Idea 37:48 - The Truth About Passive Income PS: I donate 10% of my income to charity every year. Would you like to join me? Learn more about the 10% Pledge: https://aliabdaal.com/giving-what-we-can/