Make Money While You Sleep

You will not believe what Warren Buffett
actually said about making money while you sleep. My name is Kris Krohn, I’ve
helped transact thousands of dollars of real estate investments for my own
investments for my clients for my business partners. And today, I’m actually
going to talk about the reality of making money while you sleep. Is this
thing real? Is it stupid? Is it hoax or is it something real? Seriously, making money while you sleep? I
mean that doesn’t that sound like taboo faux pas something from like the 90s and
now early 2000s? Like, if it wasn’t substantiated by this guy over here,
Warren Buffett, who said this: “If you don’t find a way to make money why you
sleep, you will work until you die.” And you know what? Working till you die is
not necessarily that bad. But there’s a lot of people who have different plans
for retirement or for life or what they want their lifestyle to be like. So, I
found out this information when I was in my early 20s and became financially free
in my mid-20s. And it took me about 4 and a half years. And today, what I want
to do is I want to share with you 3 different approaches to money and figure
out which one of these would be the best way for you to make money while you
sleep. In general, there are 3 investments above all that I really
believe in. And I’m going to… What I want to do right now is I want to talk about
each one of these. And as I do, figure out for yourself. Like, what do you really
connect with? And what I want to do here is I want to talk about the stock market.
By the way, stocks means 401Ks, annuities, IRAs, mutual funds. Those were
all the stock market. S&P 500. Then, I want to go opposite and talk about real
property by talking about real estate as an investment. Like owning homes, renting
them out and making money. I’ve done 4,000 homes.
Almost a billion dollars worth. So, I’ve got some experience than that. And then I
want to talk about business. Because owning a business is also a fantastic
way to make money while you sleep if you know what you’re doing. So, in comparing
these 3 things, what I want to do is I want to evaluate them from a little
bit of a different perspective than I think most people normally would. The
first one is, here’s what I love about the stock market: The positive is that if
I were to like create for us like a little graph. I would say,
the first thing that we could judge these investments on is how passive are
they? So, if you take a look at the stock market, one of the things is beautiful
about it, it is passive. You can put your money in a 401k and you don’t have to
wake up tomorrow and then at 3 o’clock in the afternoon,
do something to like service your 401K or your IRA or your stock portfolio. So,
it’s passive. Real estate can be a job but it certainly can also be passive. And
business, it depends on whether it’s passive or not. The reality is most
people work a business like a career, like a job. Not as a business owner. As an
“I own a business and the business makes me money.” So, a business, I’m going to put a
big maybe here because it can be… But for most people, it’s not. So, I think it’s
important to have that awareness. If we take however a look at how active are
these things, the stock market, it’s not active at all.
Real estate can be active so I’m going tO put them maybe there. But business is
usually active. It requires activity. I’ve got to do things on a regular day-to-day
basis to produce a result with it. The next two things to help us really
discern which one of these is going to be best is I want to talk about high ROI
and I want to talk about low ROI. ROI stands for return on investment. Here,
we’re evaluating essentially time and here were evaluating results and money.
So, when I talk about high ROI, the stock market is not going to produce a high
ROI for me. It is going to produce what I call a low ROI. I’m not talking about how
it did this year. I’m talking about its 10-year and 30-year average. Because the
smartest people on the planet are not able to play the stock market
successfully. So, the best way to play it is to say, “I’m in it for the long haul.”
And your ROI is are going to be under 10%. They’re going to be single digit
returns if you play in the stock market. Real estate done correctly is easily a
double-digit game. So, I’m going to call that a high ROI. These ROIs can double
every 10 to 20 years. These can double every 3, 4 or 5 years so this
makes a lot more money faster than this one. Business on the other hand, it could
actually produce a high ROI. So, I’m going to put a maybe there. And it could also
definitely produce a low ROI. It just depends on how business is run. So, I
wanted to map this out for you because what I want to show you right now is.. Now let’s analyze the data and basically say, “Okay, Kris. Which one of these is
best for making money while you sleep?” Well, first of all, we need the one that
is passive optioned with also high ROI. Stocks is passive but it’s low ROI. Real
Estate is passive but it’s high ROI. So, you know what? I’ve got a huge winner in
real estate as long as I’m doing the right thing. And I’m not going to play in
the stock market. At best, can use this as a form of diversification but I’m not
gonna make a lot of money while I sleep here. Business is 100% the other place
that if you do it correctly, you do what Tony Robbins calls being a business
owner. And a business owner as someone that says “I’m in the business, I don’t
run the business. I’m not in the day-to-day. I’ve delegated it. Someone
else runs it and it makes me money.” Super, super lucrative. So, between these
3 when you’re asking what should you be interested in real estate and
business weigh out the stock market very, very much. So in comparing and
contrasting these, really the question then is “How do i implement that? How do i
take action on that? What does that look like?” And so, here’s a couple of things:
Number 1, I’ve lined up a video for you on how I became financially free at the
age of 26 through this. And then, I’ve created it over and over and again
through this. So, if you want to watch that video, it’ll do that for you.
The other thing that I want to do, is I also wrote a book on business and real
estate how I became financially independent so early. And I decided to
give the world my strategy. I didn’t hold anything back. I didn’t just say, “Hey, I’ll
tell you part of the strategy.” I said, “I’m just going to outline it all in a really
simple easy to read book.” And so, we’ve done that now. This is available as a
free gift for you. All you got to do is cover the shipping and then my team is
sending it out to you. And hopefully, it ends up being a tool that can help you
figure out really the ultimately the answer of this question. “How do you make
money while you sleep?” Because if you can’t figure out how to make money while
you sleep, you are going to work until you die. Hey, thank you so much for
watching today’s video. I really hope that you’ve appreciated it. Do me a favor.
Give this a thumbs up if it was useful or helpful. Or you pointed you in the right
direction, comment below. Certainly share it with people. But listen, subscribe and hit that like button because it tells YouTube that it was worthwhile
content. If you’re interested in getting my free book or seen this next video
here on exactly how I did it, click the link, watch the video and
we’ll see you on tomorrow’s video.

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