There are a lot of opportunities in the world to make passive income, but you are holding yourself back from them if you aren’t willing to change your mindset and take that leap of faith.
In today’s episode, I am joined by a good friend from Hollywood, Louis Visco. Louis has spent the last 25 years of his life working in film and TV. He made a huge shift in his life right before the pandemic started and he didn’t let COVID stop him from creating passive income.
Listen now to hear it from someone who spent years at his full-time job before realizing that he needed something more than just his pension and mutual funds. Louis now has multiple rental properties out of state and is starting to generate more passive income than he thought he could!
Quotables
“As much as I love my job, I realized that I have a shelf life.”
“For me, it did feel like something that was unattainable, at least the way I was doing it.”
“There’s a certain amount of comfort in investing in the stock market because everybody’s doing that, but once I realized that that wasn’t gonna help me exactly meet the goal that I wanted to, I started exploring other stuff.”
“Once you buy the first asset, each success becomes easier and it’s become a game changer.”
“Long distance management seems like a recipe for disaster.”
“At some point, you have to take that leap and face that fear.”
“Face your fear and take that first step, and everything will fall into place eventually.”