Daniel Alonzo: The Power of Passive Income

About our Guest:Daniel Alonzo is the host of the Wealth on the Beach Podcast and has a forthcoming book by the same name. He is an entrepreneur and media personality who speaks in front of thousands each year sharing his message of creating a life of passive income. After a sports injury, Daniel started working at a major financial services company at age 21. By the time he was 28, he had saved his first million dollars. Daniel has a passion for creating his own reality by focusing on first thinking about what he wants to achieve and building systems to back it up.

Episode Summary:

It is possible to achieve the dream of freedom of time and money through passive income. Daniel is a living example of this. He believes that his success comes from his singular focus and desire to be the best at what he does. He created a duplicatable system to recruit and train others to join his business. Now his passion is helping others to achieve the success that he has had.

CLIFF NOTES

• Daniel and his wife were able to achieve financial independence relatively young through passive income
• Daniel stumbled upon a life changing Jack Canfield tape in an untraditional way when he was 14 years old
• The difference between direct sales and MLM and why MLM gets such a bad rap
• Daniel made his business his passion, and he did everything to become the best version of himself
• To achieve passive income Daniel put together a duplicatable process for his agents and sold a dream. Building leaders is the key.

Quotes from the show:

“The true power of passive income is the independence and freedom it creates.” – Daniel Alonzo

“You have to ask the world for the things that you want.” – Daniel Alonzo

“When I started to feel I was making a major difference in people’s lives, I gave everything I had to keep doing that.” – Daniel Alonzo

“I work because I want to not because I have to.” – Patrice Washington

“People are so focused on earning more through active income that they don’t realize the possibilities of passive income” – Patrice Washington

Daniel’s Redefining Wealth Rapid Wisdom Questions

Define Success:

Followship. Any great cause has people who follow. You have to be a great follower before you become a great leader.

Define Wealth in 3 Words or Less:

Freedom, family, and love.

One Book that Has Redefined How You See Wealth:

Rich Dad Poor Dad

Fill-in the Blanks… “My name is ___ and the truth about wealth is ___”:

“My name is Daniel Alonzo and the truth about wealth is being rich in friendships.”

Links:

Daniel Alonzo

Wealth on the Beach Podcast

Daniel Alonzo on Instagram

Chicken Soup for the Soul

The Aladdin Factor

Rich Dad Poor Dad

Become an Official Purpose Chaser: http://www.iamapurposechaser.com

To check out ALL of our past guests + episodes: www.patricewashington.com/Listen

If you have questions about booking Patrice or sponsoring the podcast, email us at info@seekwisdomfindwealth.com.

Find me in Social Media:

Our podcast hashtag is #RedefiningWealth

Instagram: @SeekWisdomPCW

Twitter: @SeekWisdomPCW

Facebook: @SeekWisdomPCW

YouTube: @SeekWisdomPCW