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Index/Startups & Founders/Healthcare Boss Academy Podcast
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#357: Are You a Creator, Controller or Owner?

Healthcare Boss Academy Podcast · 2023-10-31 · 21 min

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Episode notes

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy talks about how to create wealth in today's economy, including the two ways to do this and the three types of people who create wealth through their assets. EPISODE HIGHLIGHTS: The right way to create passive or semi-passive wealth is to create multiple assets vs trading your time for money or 'working your ass off.' There are three categories of people with assets: creators, controllers, and owners. Creators generate revenue using their mind to build or create something. Examples include online courses, coaching and consulting in a group setting, intellectual property and white label services. Controllers generate revenue through syndication - in other words they don't own the assets but they control them. Examples here include managing an Airbnb, affiliate marketing and drop shipping. Lastly, owners generate revenue through ownership of real estate. Property examples include car washes, storage rentals, laundromats, Redbox and rental properties.

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