16 Yr old trying to get into business and passive income, nice to meet you:)

[453610zihui]

Hi,
I'm an aspiring med student who rly doesn't feel comfortable with only one source of income and wants to get into the passive income route.
I've been having lots of ideas regarding business opportunities recently, and I'm tired of not being able to do anything with them, so I was hoping this forum would give me some ideas on how to start.
Nice to meet you

 

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[msissoko]

Hi
I’m a 16-year-old boy too. I understand that you’re trying to build some passive income. To help you create it I recommend you read the millionaire fastline. It’s a great book that will introduce you to a wealth formula. Which is basically what are the variables that create wealth and how to leverage them. There’s a whole section in passive income building. So my advice is to read the book. Good luck in your journey

 

[msissoko]

Hi,
I'm an aspiring med student who rly doesn't feel comfortable with only one source of income and wants to get into the passive income route.
I've been having lots of ideas regarding business opportunities recently, and I'm tired of not being able to do anything with them, so I was hoping this forum would give me some ideas on how to start.
Nice to meet you

I don’t know what are your business ideas but you should already know how to start. First focus on only what idea. Creating a business is already hard enough no need to bother you with multiple businesses. If you have your idea then you should know what is the next step.

 

[Pink Sheep]

Hi,
I'm an aspiring med student who rly doesn't feel comfortable with only one source of income and wants to get into the passive income route.
I've been having lots of ideas regarding business opportunities recently, and I'm tired of not being able to do anything with them, so I was hoping this forum would give me some ideas on how to start.
Nice to meet you

"Passive" income simply means work for free on a product untill people want your product, then sell it using a system.

Have you seen a need in your community?

 

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[ZF Lee]

Welcome OP to the Forum.

On how to start...

Whatever business model or challenge you try your hand at, you want to have some strengths to start with.

We are all about self-education to fill in your weaknesses.
But in a competitive world, filling in your weaknesses can eat precious time and effort that could be better spent elsewhere.

Go check this book out:

https://www.amazon.com/dp/1788167546/?tag=tff-amazonparser-20

And this:

How To Identify Your Strengths and Weaknesses - James Altucher

The brain is always changing. Always forming new connections. Here is the best way to identify your strengths and weaknesses...

jamesaltucher.com

Basically he lists down strengths he had since he was a kid, and turned several of them into businesses.

I remember he himself came down here for an AMA:

EXECUTION - NOTABLE! - Fastlane AMA: James Altucher; Startups, Publishing, Bloggin More...

Fastlaners! I'm happy to announce that James Altucher will be joining us this week to participate in our very own AMA, or "Ask Me Anything". (Should start Monday, but please ask away!) If you aren't familiar with James Altucher, here is his brief bio. James Altucher has started and sold...

www.thefastlaneforum.com

That should help give a starting filter on those ideas.

 

[Chariamatic_jah]

Hi,
I'm an aspiring med student who rly doesn't feel comfortable with only one source of income and wants to get into the passive income route.
I've been having lots of ideas regarding business opportunities recently, and I'm tired of not being able to do anything with them, so I was hoping this forum would give me some ideas on how to start.
Nice to meet you

Hey, that's good but I don't think you're in the right mindset if you're seeking passive income.