270: A Fresh Perspective for Vetting New Business Deals with Pat Flynn
The Lifestyle Investor - Investing, Passive Income, Wealth
The Airport Test for Decision-Making
Pat explains the Airport Test exercise to align decisions with your five-year life priorities.
For any entrepreneur, the most valuable currency to buy back is time. Yet many remain trapped, losing time with family and struggling to break free from the business.
But today's guest has become the embodiment of building freedom through creativity, community, and leveraging advisory opportunities.
Pat Flynn is the creator of Smart Passive Income, bestselling author of Will It Fly? and Superfans, advisor to top tech companies such as Teachable, Circle, SquadCast, and Riverside, and one of the most respected voices in online business.
Since being laid off as an architect in 2008, he’s built multiple 7-figure businesses, generating millions of podcast downloads, and launching a wildly successful Pokémon YouTube channel with almost 2 million subscribers.
In this episode, Pat shares how he identifies winning opportunities, his Airport Test framework for evaluating business ideas, how advisory shares became one of his highest-ROI wealth builders, and how he’s intentionally designed his life so that work supports family—not the other way around.
In this episode, you’ll learn:
1.) How Pat turned a layoff into a launchpad for building multiple passive income businesses.
2.) A simple framework to evaluate business ideas before investing time or money.
3.) Why advisory shares became one of his highest-leverage income streams—and the criteria he uses to decide which companies to work with.
Show Notes: LifestyleInvestor.com/270
Tax Strategy Masterclass
If you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/tax
Strategy Session
For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultation
The Lifestyle Investor Insider
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