Jakarta, CNBC Indonesia – A businessman from the United States, Graham Cochrane, has managed to make billions of money in a month without having to work hard every day. Graham has passive income or passive income amounting to US$160,000 per month or IDR 2.4 billion (exchange rate: IDR 15,000/US$).
Graham is the founder of an online course that teaches people how to make money from their interests and passions. He earns his money from every online course sold as well as affiliate commissions. There are around 2,800 people using the product.
Build passive income Graham Cochrane’s style is not in the blink of an eye, but starts from lifestyle and daily routines.
So, what is the life of someone with a passive income of IDR 2.4 billion a month?
1. The morning starts relaxed
Graham usually wakes up at 5 a.m., before his kids do. He wakes up in the morning because he wants to have me time. Graham would start his day with coffee and reading scripture. After reading, praying and journaling, he would make breakfast with his wife and wake the kids.
They would spend 20 to 30 minutes eating together in the kitchen before Graham took the kids to school at 7:30 in the morning. Then Graham returns to the office in his own home, or does a quick gym session if he’s feeling up to it.
2. Work Monday to Wednesday only
Every Monday, Graham plans and creates a YouTube video and podcast episode. Potential viewers usually find Graham through these free media. Then, if they like it, they can sign up for the newsletter and get emails about free content and premium online courses.
Graham earns passive income from these courses. He had designed his business system to send emails automatically, so most of his work was simply maintaining a steady flow of new content.
“Recording videos and podcasts takes about two hours. I also have someone editing and uploading content. My remaining hours on Mondays are dedicated to answering emails or providing advice to members of the Six-Figure Community,” he said.
On Wednesday, He spent time on community interactions, then held a 90-minute live call with advanced business training students.
Once a month, Graham films an exclusive training for paid community members. Graham has never been a fan of hustle culture, “I don’t believe it’s healthy or wise.”
“If you can find a way to build systems into your business so that most of it can run itself, you don’t need to waste time doing maintenance,” said Graham, quoted by CNBC Make It, (6/8/2022).
“After all, what’s the point of “being your own boss” if you work all the time?” he added.
3. Time for family No.1
The most important thing for Graham is spending time with his family. Friday is considered dating time with wife. They exercise, go to lunch, catch up on life, talk about kids, and meet with a marriage counselor.
Lately, they’ve been focusing on how to communicate better when they have differences of opinion. No marriage is perfect, and effort is put into their relationship.
4. Keep sharing with others
Graham and his family attend church every Sunday and often do volunteer work with local organizations that help the city’s homeless residents.
Graham’s philosophy is, “I make this money so I can give most of my profits to charities and my local church, groups that do a lot of good in the world.”
Currently, Graham and his wife donate 30% of their income, but they hope to eventually give away 50%.
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