Co-Living, Martial Arts, and Early Entrepreneurship | Sam Wegert

Can you imagine owning a full-fledged brick-and-mortar business at age 15? That's exactly the position Sam Wegert found himself in. Sam was homeschooled with his seven siblings which allowed them to all focus on what they were best at. At 15 years old, with a loan of $15,000 from his parents, he purchased his first martial arts school and graduated high school that same year. Over the next 15 years, he expanded to 6 brick and mortar locations and through COVID built an online program. His company, UpLevel Martial Arts has grown to over 1,500 students and has trained more than 20,000 students in martial art. Those schools generate over $200,000/month in sales. As he built his martial arts empire, he also partnered with his wife to jump into real estate, specifically a strategy called co-living. Together they now manage over 200 doors generating over 100,000/month in gross rental income. Co-living is when you focus on renting by the room and increasing the number of rooms in a given home while providing common area amenities. There are marketplaces that help you find investment opportunities or rooms to rent yourself. Sam became financially independent at age 23 and has built a 7-figure business that's almost completely passive. If you enjoyed this episode, check out the links below for more content, and don't forget to share this podcast with a friend! Links From the Episode Sam's Co-Living Challenge Sam's Instagram Sam's TikTok Sam's Website PadSplit (Co-living Marketplace) YouTube Interview https://youtu.be/I2WDtiAD2iA Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)