How This Professional Skateboarder Built His Passive Income Streams Through Smart Investments

How This Professional Skateboarder Built His Passive Income Streams Through Smart Investments

Mikey Taylor discusses how to make money after you've reached the peak of your athletic career. February 7, 2019 2 min read Opinions expressed by Entr

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Mikey Taylor discusses how to make money after you’ve reached the peak of your athletic career.

February 7, 2019 2 min read

Opinions expressed by Entrepreneur contributors are their own.

Entrepreneur Network partner Peter Voogd talks with Mikey Taylor, a pro skateboarder who branched out into entrepreneurship and real estate. 

Taylor talks about learning to maximize your income past a short-lived — though perhaps temporarily lucrative — professional athletic routine. He speaks about finding success very young at age 19, and learning how to live on a budget so that you can build passive income over time. 

Voogd speaks about many athletes and actors going broke within years of their careers sputtering out. Taylor talks about the need to control your lifestyle so that when money is not constantly coming in, you won’t be shocked by a different way of living.

Click on the video to hear more. 

Related: Why the People in Your Social Circle Often Define Your Net Worth

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This article is from Entrepreneur.com

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