The Passive Income Strategies of Shark Tank’s Robert Herjavec
Shark Tank’s Robert Herjavec is known for his successful business ventures, but did you know he also utilizes powerful passive income strategies to supplement his income? With a fortune worth $300 million, Herjavec has found success in investing in emerging businesses and creating resellable content.
One of Herjavec’s key strategies is investing in emerging businesses through Shark Tank, where he has invested $16.5 million. By having a team to support these businesses on his behalf, Herjavec is able to reap considerable financial rewards without requiring too much hands-on involvement. He emphasizes the importance of knowing your numbers, looking for companies that solve a problem, and avoiding debt when making investment decisions.
In addition to investing, Herjavec has also found success in creating resellable content. With three books, two of which were top-10 bestsellers, he earns a passive income through ongoing sales. Herjavec stresses the importance of seeking mentors and learning from failures when creating content that resonates with a larger audience.
Overall, Herjavec’s passive income strategies have proven to be successful in supplementing his income. Whether you’re interested in investing in emerging businesses or creating resellable content, Herjavec’s tips and strategies can serve as valuable insights for anyone looking to boost their income streams.