My Response to Gary Vee & "Passive Income is B******t" #Best Education Page #Online Earning

- You want me to show you the people on Instagram

who go take all the money they own in the world

in $100 forms in the bank and throw it on a bed

and take a picture and then put it back in their bank?

I'll show you that.

I'll show you the front of this passive

income dream of the internet.

Sorry.

- So what you just saw is a small clip

from a video in a podcast from Gary Vaynerchuk

titled Passive Income is BS.

And when somebody who you highly respect especially

comes out with something like that

and you have a website named Smart Passive Income

and are known in the world of online business

by helping people create passive income,

you definitely pay attention

and this is why I'm shooting this video.

I wanted to reply, I even saw Instagram posts

and Twitter posts earlier today, it said, "Shots fired!

"Gary Vee calling out Pat Flynn."

Which number one, I just wanna set the record straight,

he didn't mention my name in this podcast episode

or video at all and he had even featured me

in his recent book Crushing It which I highly recommend

you check out, especially page 241.

So what's my response?

Now I recommend you watch the entire video

'cause it is really important to watch

and if you look in the description below,

you'll see a link to Gary's video there

and you'll see really what this is all about.

To sum it up, it's about the idea

that you can just essentially do nothing

and make a ton of money.

And I think we all know that that's not true.

And I have talked about this before in several videos,

I have one called The Truth About Passive Income

where I talk about a lot of the similar themes

that Gary talks about in this video

with maybe not as many explicitives.

So what's my response to Gary's video

and the thesis of his argument there?

I think is 100% true.

I mean I agree with him 100%, I mean, preach Gary!

I love the fact that he's using his giant platform

to reveal truth about what passive income really is.

And the reason why I started smartpassiveincome.com

was to actually get in front of people before

they were scammed or people told him about this dream

and this idea that you can make money

with just the push of a button.

That is absolutely not true.

That's why my podcasts says work hard now

so you can reap the benefits later.

And for people like Gary Vaynerchuk,

the benefits are to pour more money into his own business

and work even harder 'cause that's in his DNA.

For me, reaping the benefits is having the freedom

and flexibility to spend more time at home with my family.

The kids are actually at home today, sick from school

and so I'm just kind of taking

a little quick pause here from playing with them

to shoot this video in response to Gary's video here.

- Millions of dollars in passive income on the internet,

smoking (bleep) weed in Jamaica

while it just keeps coming in

is just not as real as you think, partner!

- Number one, there is actually

some kind of passive income out there.

For example, he gives the example of real estate

and also investing in startup companies and things like that

and hoping for a big payout.

That is absolutely true.

- I have passive income

when I'm investing in early stage startups

that then go sell for 400X and I didn't do anything.

I made money.

- Now I say that there are a lot of other ways

to generate passive income but again,

there's this sort of connotation that passive income

means easy income, that is absolutely not true.

If you write a book, you can put it on Amazon

just like Crushing It, just like my book Will It Fly?

And it can continue to provide you some income over time

but you gotta work for it, you gotta market it, right?

You can't just publish it and push and hope for the best.

You gotta publish it and push it out there into the market

and get people to find you.

You gotta build those relationships with other influencers.

You got to put the marketing play into practice

so you can actually get people to find it.

So again, even after you make the thing

that can help you generate passive income,

you're not gonna automatically get passive income.

Where passive income eventually comes into play

is when you eventually get to that point

which like Gary says, it's not easy and it's not common.

It's very uncommon.

- But because all the people that have tried

to create systems and automate their cash,

there's been a very small percentage of people

that have been able to lay on the beach

while they collect money on the internet.

A lot of that stuff is completely ludicrous.

- You can eventually get to the point

where you can remove yourself from that business

but have it still continue to work and serve

and solve problems which is what all good businesses do.

But that definitely cannot happen overnight

and it can take years.

And a lot of people give up before that opportunity happens.

Actually passive income to me

is the final step in the process.

And most people try to jump to there,

there's even people asking questions on Gary's video

about like okay, what's the next trend in passive income?

How do I do passive income?

You build real businesses, you work your butt off first

and then you can talk about passive income maybe.

You know a lot of people ask me, Pat, how did you do it?

How did you make all that money online?

And you share it and you just make it look so easy.

Number one, it's not easy.

Number two, I try to work harder than anybody else.

So whatever niche you're in,

whatever business you're creating,

the way to win is to work harder than anybody else.

Then you get to talk about how you can put a team behind it

or software behind it to begin to automate it a little bit.

And that's not always possible either.

And by working harder, I don't necessarily mean

by putting more hours into something.

I think maybe if there is some sort of disagreement

between myself and Gary and what he teaches

it's that the hustle doesn't necessarily mean

put more hours into something, it means working smarter.

Sometimes you only have so many hours in the day

but what you do with those hours really matters.

So how are you optimizing that time?

What are you working on?

Is that what's actually moving the needle

or you're just staying busy to stay busy?

Working smarter, Smart Passive Income, get it?

So Gary, preach brother!

Thank you so much for posting that podcast episode

and that video again, remember

the links to the full episodes are below

for all of you who are watching this

and wanna get the full context of it.

But just to reiterate, passive income,

I feel like it does exist but the truth is

it's gonna be really hard

and most people won't be able to do it.

But you can create a business of your own

that will require a lot of work

but can allow for a better lifestyle,

one that doesn't necessarily require you

to trade your time one to one to money.

You put in one hour, you get one hour of work.

What if you could put it one hour of work

and get in 10 hours of payments later

or the equivalent thereof?

And something that can continue to help build

your audience, help build a business,

that's what I teach here.

So if you've enjoyed this video

and you wanna talk about this more,

make sure you hit the subscribe button

so you can get more videos coming your way

to help you as you grow your presence

and grow your business online

and make sure you leave a comment below.

I'd love to hear where you stand

on this idea of passive income.

I can tell you right now it's not easy,

do you even think it's real?

Nothing, I'll tell you, is 100% passive income

unless you talk about residuals from acting in a movie

or something like that or music and royalties

but even passive income from real estate,

that's not necessarily passive

'cause you have to manage those portfolios.

Investments, you still have to keep up

with what's happening in the market.

That's not just something you could sit back

on the beach and you know

whatever this means, I have no idea.

So alright, thank you so much.

I appreciate you, leave a comment below,

I'd love to hear your thoughts and thanks for being here.

Team Flynn for the win.

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