Grant interviews Mikey Taylor, professional skateboarder, entrepreneur and real estate investor.
Mikey grew up firmly in the middle class in Thousand Oaks, California. He never really thought or worried about money or issues while he was growing up.
He picked up a skateboard when he was 14, was consumed by it and never stopped.
He says he enjoyed it so much because it was hard to learn and master. It was the first time that he could channel his addictive and hyper-competitive personality into a sport. Skating became a competition against himself. He pushed how good he could become and how far he could take the sport.
He says that his obsession and drive were something he was born with. He harnessed it with his talent to become successful.
He enjoyed skateboarding and knew he wanted to make money at it. But he also knew that skateboarding alone wouldn’t get him to the goal he created for himself.
As he became more popular in the sport of skateboarding, he struggled with the culture. It was anti-establishment and success. He found it hard to keep positive in the negative environment and struggled.
He finally had a wake-up moment and acknowledged he hated living his life like that. He started working on the person he wanted to be.
He started meditating, setting goals, seeking guidance, working on his reactions and responses to his life.
Now he is very active with family, business, planning and managing the life he wants to live.
Mikey is very open about his finances and always lived well below his earnings. He always planned on a transition from skating to another life. He wanted the freedom to choose what that was. He always invested as much as he could into passive-income producing opportunities.
At the height of his career, he made $450,000 per year. Averaged out he was making $140,000 per year. The normal path for a skater was to make the most money you could, spend it, and then downsize the rest of your life.
He started investing in real estate storage units. These were low overhead and high cash flow opportunities.
At the same time he was very entrepreneur-focused and started a clothing, backpack, craft brewery and skateboard companies. He and his partners later sold the craft brewery for a little over $60,000,000.
He currently has eight storage properties valued at close to $200,000,000. He also has a new investment fund he is starting.
He has a vision of what he wants to accomplish. His goal is to always move forward. Being stagnant hurts.
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Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.