Episode 599

From Boring 9-5 to $200K in Passive Income! w/ Austin Zelen

Join us on an inspiring journey with Austin Zelen as he shares his incredible transformation from a boring 9-5 job to generating $200K in passive income! Austin's story is a testament to the power of strategic thinking and relentless pursuit of financial freedom through entrepreneurship and real estate investing. 🌟

In this Episode, You'll Learn:

  • Austin's Career Shift: How he moved from corporate life to becoming a successful entrepreneur.
  • Day Trading Insights: The highs and lows of Austin's trading journey and how he made it profitable.
  • Automation in Trading: How Austin leveraged automation to maximize his trading efficiency.
  • Diverse Passive Income Streams: Exploring Austin's ventures in crypto mining, oil wells, online stores, exotic car rentals, and private jets.
  • Real Estate Investing: Austin’s approach to real estate and how it fits into his broader investment strategy.
  • Building a Financial Moat: Why diversifying income sources is crucial for long-term stability.

Connect with Austin Zelen!

Follow Austin on Instagram to stay updated with his latest ventures and insights: [@AustinZelen](https://www.instagram.com/austinzelen)

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Motivational Quote:

"Success is not about the destination, but the journey and the lessons learned along the way."

Call-to-Action:

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Unlock the secrets to building generational wealth and achieving financial freedom with Austin Zelen's incredible journey. Tune in now and transform your real estate investing game! 🏡💼

#InvestmentAdvice #BuildingEquityThroughRealEstate #FinancialSuccessStrategies #RealEstateCoaching #ExoticCarInvestments

CHAPTERS:

00:00 - Intro

00:35 - Austin Zaback's Journey to Self-Made Millionaire

08:25 - Evaluating Investment Opportunities

10:55 - Key Considerations Before Investing

14:06 - The Power of Focus in Growth

16:01 - Profiting from Depreciating Assets

21:34 - Documenting Processes for Success

24:15 - Organizing Ideas: Getting It on Paper

26:20 - Benefits of Hiring a Consulting Firm

29:43 - Consulting for Equity Explained

35:00 - What Did We Miss?

35:55 - Understanding Cashflow vs Equity

36:27 - Rapid Fire Questions

38:42 - Recommended Business Books

39:18 - Time-Saving Tools for Business

39:34 - Enhancing Personal Efficiency

41:57 - Outro

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Real Estate Investing with the REI Mastermind Network

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About your host

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Jack Hoss

We gather amazing stories from leaders in Real Estate Investing. In each episode, our guests will tell you what they are doing that works, what they tried that failed, and best of all you'll learn actionable steps to take your real estate investing to the next level.