Great book

I absolutely loved this book - thanks Brian for bringing your knowledge to my world and changing forever my outcome 🙏

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Good Overview but Unethical Methods

A good overview of why passive income is superior to earned income (ie it doesn’t incur time to create it). Plus a broad overview of the various means of creating passive income ie business, real estate, affiliate marketing, writing books etc. Not a lot of practical ‘how to’s’ however. You would need to go away and find the specific how-to information yourself. Extremely disturbing that much of the authors passive income is from Airbnb and from his Bnb formula product which instructs others how to set up airbnb’s. He advocates approaching landlord’s with long-term rentals and asking them to give you control of their property assets so you can turn them into airbnb’s. Here in Australia, there is a SEVERE rental crisis. Not enough long term rentals available and unaffordable rents. Not sure how he can sleep at night, taking much-needed long-term rentals off the property market and converting them to holiday rentals for the sake of a quick buck. Each additional Airbnb is causing some poor family to be homeless and pushing up the cost of rents for those lucky enough to be able to secure a rental. For sure, airbnb is lucrative. I rent out my place when I'm away on holiday or house-sitting. No point having it sitting empty. Completely different situation to be pulling properties off the long-term market which are desperately needed as permanent housing. Think twice about following the advice of the author if you have any compassion for others.

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1 person found this helpful

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narrated beautifully, however, there is very much no how-to other than to manipulate people into letting him run and Airbnn on their behalf. Brian sure is charismatic and congrats, found a hole in the market.

The entire premise to get where he got meant giving up entertainment, which in his words "we don't need", yet continues to construct a story based around free time to do what you want, ie; entertainment. He lives a life being constantly entertained by his own choices and free time.

So while congratulations to him for everything he gave up initially, how the hard road paid off (typically always does), you have contraindicated yourself, multiple times, whilst it may have taken him only a year living off only the basics and working 90 hours a week, fact, parents paid for your education, FACT you were willing to push yourself to burnout to prove a point. What makes that start-up time, less important to a future time, how do you get that time back? Or does that time now become irrelevant because your outcome is desired? As you stated at the beginning, money shouldn't be what defines you, as time is more precious.

Although his selling point is that time is the most rare commodity to have and boasts the "murdering of the alarm clock" as the greatest thing, he's still writing books, reading them, to make a profit. Fact is, he will continue to sell his time for a value, because, we need money to live and if he were that true character and ideal family man he would like us to think he is, then a majority of that money would be spent on the dismal health services in America, the poor schooling system and their homeless situation. FACT he enjoys the millions and the manipulation that comes with telling people without money, how to get money. Pathetic.

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