5 Talents Podcast - How To Build Wealth Through Real Estate

Mikey Taylor - $160M AUM, 7K Storage Units; Jumping Successfully from Pro Skateboarding to Real Estate

April 15, 2021 Abel Pacheco Season 2 Episode 142
5 Talents Podcast - How To Build Wealth Through Real Estate
Mikey Taylor - $160M AUM, 7K Storage Units; Jumping Successfully from Pro Skateboarding to Real Estate
Show Notes

Are you an athlete already thinking about your retirement years? Well, this episode is for you. 

Mikey Taylor had a successful professional skateboarding career that lasted for almost 20 years. Despite the success he’s had, he was already thinking about his post-playing years, leading him to build Saint Archer Brewing Company with his friends. Years later, he co-founded Commune Capital, which now has $160 million assets under management. 

Let’s listen to Mikey and learn to invest successfully in real estate after your playing years!

[00:01 - 05:29] Opening Segment

  • Let’s get to know Mikey Taylor
  • From professional skateboarding to real estate 

[05:30 - 15:12] Financial Coaching 

  • Never letting go your dreams
    • Hear Mikey’s advice 
  • How Mikey earned from skateboarding
  • Mikey remembers his jump to real estate
    • How did he start? 

[15:13 - 25:46] Wealth Creation 

  • Mikey’s tips for a better financial future
    • Spend below your means
    • Be responsible with the little things 
  • Mikey’s “eureka” moment in real estate 
  • How was it like to jump from passive to active investing? 

[25:47 - 36:14] Successful Businesses 

  • The story of starting a craft beer company 
    • From backpack to beer
  • How to build a successful business 
    • Experience first, product second
  • Social media as a trust builder
    • Is it possible? 

[36:15 - 43:16] Closing Segment

  • Connect with Mikey. Links below
  • The big change in retail 
  • Final words from Mikey and me 

 

Tweetable Quotes: 

“Spend less than you make. We all say it, you have to uphold it.” - Mikey Taylor

“For anyone who is not invested in real estate yet, set your goals for it, put a timeline together, and start driving towards participating because it is one of those asset classes that is very easy to understand, can really really change your life… and can really be a big blessing on your kids and the generations after.” - Mikey Taylor

 

Resources mentioned:


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Connect with Mikey on LinkedIn, Twitter, and Instagram. Check out Commune Capital to learn more about their services. 

Guest email: mikey@communecapital.com 

 

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