Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship pdfdrive com

~ George Burns, Comedian
SO YOU WANT PASSIVE INCOME? SO DO 7 BILLION OTHER PEOPLE
T
he fourth CENTS Commandment is the Commandment of Time, and it is the
conduit to abolishing the causal relationship between your time and income.
Temporal prostitution is dethroned, and income no longer requires life rations.

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The Commandment of Time has two components. The first is 
physicality
,
where your value must exist in space-time separate from you. This book exists
regardless of my existence. On the other hand, if you consult for a living, your
income stops when you stop. There is no physicality.
The second is 
detachment
. Eventually in your enterprise’s evolution, you
must detach from its physicality, effectively freeing your time and life. When this
is accomplished, it puts you “on the clock” 24/7, giving you the ability to earn
perpetually 
THROUGH
time versus 
IN
time. This is how you wake up and earn a
day’s wage before brewing the morning coffee.
Unfortunately, the Time Commandment is the most misunderstood and
perverted CENTS Commandment. Instead of time being honored, it is
worshiped. Why? Because it’s the gatekeeper to every starry-eyed entrepreneur’s
wet dream: passive income.

As I mentioned earlier, I have a love/hate relationship with my forum.
Most folks there are great people working toward great things. But the other
minority need steel-toed-boot ass-kicking. Thankfully, these participants
disappear as quickly as they arrive. I call them “drive-bys”—people who love this

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radical idea of “passive income” but don’t care about value, contribution, or
entrepreneurship. Time and time again, one phrase I hear echoed by drive-bys is
“passive income.”