Part 8/10:
Many individuals find themselves in the time-for-money trap, perpetually trading hours for a paycheck. This model creates an inherent ceiling on income potential; regardless of how hard one works, there are only 24 hours in a day. True financial freedom involves creating systems that generate income passively or semi-passively.
Passive income can stem from various sources, including investments, online businesses, and royalties. By prioritizing projects that offer scalability—such as e-commerce platforms, YouTube channels, or digital products—individuals can capitalize on their initial input of time and effort, enabling them to generate revenue continuously.