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☆ 4 investors share the strategies they're using to earn passive income and build wealth while they sleep
▼ + stars: | 2024-06-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Whereas, with passive income, the idea is you do upfront work and then the gig pays you while you sleep. Insider has spoken with individuals and couples who have built passive income streams that are helping them build wealth without having to put in a ton of hours. "I 100% think that it can be a lucrative passive income stream," Erika said of investing in a franchise. That comes out to about $40,000 a month in just subscription revenue. "Everyone talks about passive income, but they keep growing.

Persons: —, Erika, Kareem Hall, Kareem, Erika Hall, Rachael Victoria, They've, , Kent, Liz Wilcox, Wilcox, I'm Organizations: Service, Business, Soccer Shots, Emory, Soccer, he's, LAX Locations: Georgia, Scottsdale , Arizona, Scottsdale

☆ Leaked emails from inside Walmart Global Tech reveal over a dozen 'major incidents' this quarter
▼ + stars: | 2024-03-28 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +5 min

Walmart's internal systems had more than a dozen "major incidents" in the last two months alone. An additional two major incidents occurred this past weekend, the person said. Walmart's global technology platform runs the retailer's core business operations, including in-store point-of-sale systems, e-commerce, and distribution and fulfillment centers. Internal emails obtained by BI show that Walmart's business is interrupted by issues with its global tech platform at a far more frequent rate than previously reported. Last year, Walmart spent $11.8 billion on supply chain, customer-facing initiatives, and technology, according to a recent SEC filing, up from $9.2 billion the year before.

Persons: Mark Cohen, Daniel McCarthy, Jessica Ramírez, Jane Hali, " Ramirez, Cohen, Ellen Thomas Organizations: Walmart's, Business, BI, Walmart, Street, Amazon, SEC, Columbia Business School, Emory, Goizueta Business

Learn moreBusiness Insider Reviews has been covering the best pet products for more than five years. AdvertisementWhat types of pet products we coverFood: After hundreds of hours of interviews and research, we carefully selected the best cat foods and best dog foods. We also put dozens of litters to the test for our guides to the best cat litters and natural cat litter. Veterinarians and professional groomers also helped us narrow down the best dog toothpastes, dog dental chews, cat dental products, dog shampoos, and cat shampoos. Her article on pet anxiety in Pet Sitting Magazine was also nominated for The PSI Professional Pet Care Award.

Persons: We've, Ollie, we've, groomers, shampoos, Lisa Sabatini, Lisa, basset, JoAnna Pendergrass, JoAnna, Emory University's, Janelle Leeson, Janelle, Dodo, Shoshi Parks, Shoshi, Phoebe, Christy Caplan, Christy, Sherman, Walter, You'll, Jackie Brown, Jackie, Dr, Julie Liu, Liu, — Organizations: Health, Animal Association, Association of American, Business, Wall Street, JPen Communications, Virginia - Maryland College of Veterinary Medicine, Emory, Emory University's Yerkes, Primate Research, Insurance, Rover, Shop, USA, Freelance, Shoshi Parks, NPR, Smithsonian, Atlas Obscura, Portland Community College, Dog Writers Association of America, Animal Wellness, Product, Pet Health, Service Locations: Virginia, Shoshi, Oregon, Austin , Texas, Austin

☆ 3 investors share the strategies they're using to earn passive income and build wealth while they sleep
▼ + stars: | 2023-09-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

Building a side hustle or working a part-time job is a great way to increase your income — but it can be time consuming. Whereas, with passive income, the idea is you do upfront work and then the gig pays you while you sleep. Insider has spoken with individuals and couples who have built passive income streams that are helping them build wealth without having to put in a ton of hours. "I 100% think that it can be a lucrative passive income stream," Erika said of investing in a franchise. Today, he's a full-time real estate investor but spends just two to three hours a week on short-term rental business.

Persons: Erika, Kareem Hall, They've, , Kareem, —, Erika Hall, Rachael Victoria, Kent Organizations: Soccer Shots, Emory, Soccer, he's Locations: Georgia, Scottsdale , Arizona, Scottsdale

☆ A couple that works full-time earns an extra five-figures each month from the 2 franchises they own. They explain 4 keys to creating passive income through franchise investing.
▼ + stars: | 2023-09-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

To creative passive income via franchise investing, you'll want to go the executive ownership route. They bought their first franchise, a youth soccer program called Soccer Shots, in September 2018 and started profiting in their second year as owners. "I 100% think that it can be a lucrative passive income stream," Erika said of investing in a franchise. The Halls shared their top advice for creating passive income through franchise investing. "We knew from the beginning that the goal was to create passive income," said Kareem.

Persons: Erika, Kareem Hall, They've, , Kareem, —, Jon Brock, Rachael Victoria Organizations: Shots, Emory, Soccer, Primrose Schools, Soccer Shots Locations: Atlanta

☆ A couple invested $29,500 into buying a soccer franchise in 2018 to start making passive income. They explain how they grew to 2 locations and have done more than $1 million in revenue.
▼ + stars: | 2023-08-30 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

Ultimately, they went with Soccer Shots, a children's program that partners with local schools to help kids develop both soccer and life skills. The Halls bought their first Soccer Shots franchise in 2018. They also had to put together a PowerPoint presentation for Soccer Shots' executive team at the headquarters in Pennsylvania. Buying their first Soccer Shots for $29,500 plus additional start-up costsSoccer Shots officially offered the franchise to the Halls in September 2018. On average, they spend one to two hours a week working on Soccer Shots.

Persons: Erika, Kareem Hall, Kareem, they'd, that's, it's, Jon Brock, Rachael Victoria, Brock, they've, Erika Hall, That's Organizations: Soccer Shots, Emory, Bain, Accenture, Primrose Schools, Shots, Soccer Locations: Atlanta, Dekalb County, Pennsylvania, —, Covid

☆ Who is DCG's Barry Silbert, the crypto baron in the crosshairs of the Winklevoss twins over 'bad faith' business practices?
▼ + stars: | 2023-01-09 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +4 min

Barry Silbert is the CEO of Digital Currency Group, the crypto conglomerate that owns Genesis and Grayscale. In 2015, the 46 year old started Digital Currency Group (DCG), the $10 billion parent company that controls industry giants like crypto brokerage Genesis and digital asset manager Grayscale. The conglomerate also owns trade publication Coindesk, crypto mining firm Foundry Services, crypto index provider TradeBlock, and digital asset platform Luno Global. Cameron Winklevoss blasted Silbert for "bad faith" business practices last week, alleging the crypto baron owes the digital asset exchange's customers $900 million. Prior to launching DCG, Silbert went to Emory University's Goizueta Business School and began his career as an investment banker at Houlihan Lokey.

☆ These colleges promise no student debt: 'Loans are not part of the deal'
▼ + stars: | 2022-10-12 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

More than 20 schools now have "no-loan" policies, which means they will meet 100% of the undergraduate's need for financial aid — without education debt. "Loans are not part of the deal," said Anne Harris, the president of Grinnell College in Grinnell, Iowa, which offers grants in the school's financial aid packages instead of loans. "I couldn't even afford to apply to go to college," Lambert said. Recently, Emory expanded its financial aid offerings to cover 100% of demonstrated need by replacing loans with grants. "Being able to support students and have a world-class financial aid program helps us have a world class student body," Emory's Leach also said.

☆ How these MBA grads used their education — from opening a clothing store to working at a nonprofit
▼ + stars: | 2020-08-04 | by ( Alana Pockros | ) www.businessinsider.com time to read: +14 min

Financial services and consulting are some of the most popular fields for business school grads. According to statistics from Harvard Business School, financial services and consulting are the most popular paths for its graduates. When Colloredo-Mansfeld's husband got a professorship at the University of Iowa, she started working at Iowa's business school. Additionally, he had gotten a taste of business school years prior when he attended Stanford's Summer Institute for General Management Program. It was on these site visits that Richman started to work directly with customers and realized she had a passion for selling.

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