Smart Lawyers Position to Transition Where and How to Invest Your Sales Proceeds
In today’s episode, host Victoria Collier talks with Spencer Hilligoss, investor in Madison Investing, about what to do after selling your law firm. Spencer shares valuable insights on transforming your sale proceeds into a lasting income stream, exploring how passive investments can open new opportunities for financial freedom.
They dive into lessons from Spencer’s transition from tech to investment and discuss strategies law firm owners can use to align their money with their life goals—without getting bogged down in active management.
Key Takeaways
1. Goal Setting Is Essential – Establishing specific, long-term financial goals creates a strong foundation for successful post-sale investing. 2. Passive Income Opportunities – Real estate and alternative investments can offer reliable, passive income with the right planning and partnerships. 3. Don’t Reinvest Without Reflection – The initial exit strategy is just the first step; carefully selecting how to allocate your proceeds can enhance security and satisfaction over the long term.
About Our Guest
Spencer Hilligoss is a passive investor who has deployed 7-figures of his own capital into passive investments in the past 6 years. In 2019, Spencer retired from a 13-year career in Silicon Valley tech companies in order to give full focus to serving fellow investors in Madison Investing - a club where passive investors gain access to the same types of alternative investment opportunities where Spencer deploys his own capital.
Spencer lives with his family in Alameda, California - is a proud father of two, graduate of the University of Colorado and member of the Forbes Business Council.
For more about Spencer and Madison Investing, visit madisoninvesting.com.
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