Episode 5 - Austin Zelan | How to Buy Passive Income
Description
► About The Guest
Austin Zelan is an American businessman, investor, TEDx speaker, and philanthropist. Throughout his career, he has always focused on productivity and efficiency, finding ways to have more positive impact with his work. This has allowed him to simultaneously run multiple successful businesses, pursue his PhD, and serve on several executive boards. He has a passion to help others grow and achieve more. Austin currently coaches students from around the world to increase their impact, while decreasing inefficiencies. He helps each student create Six Figures in Passive Income through his mentorship program. This proven framework creates generational wealth for his students and allows them to take back control of their time. This has allowed him to shape the investment space to become more efficient and more lucrative for investors.
► Show Links
https://linktr.ee/liquidityandliquor
https://www.instagram.com/austinzelan
► Talking Points
00:00 – Intro
01:30 – Austin on his passive income businesses
04:07 – Austin’s background working as a consultant for Microsoft
08:43 – Trading Forex and creating an Algo Bot at 19
18:03 – Buying oil wells in Texas
22:22 – Importance of networking and relationships
26:57 – Making 40k a month renting luxury cars
34:51 – Airbnb arbitrage
42:00 – What are some of Austin’s failures and his guidelines to avoid future failures
50:23 – Where does Austin see the biggest revenue in the future?
55:06 – Austin on living is Seattle and his coaching
58:18 – Thoughts on traditional education in today’s world
1:07:09 – Austin’s advice on finding freedom through passive income
1:11:00 – Can debt have a positive meaning?
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