Entrepreneurs on Fire How to Transition from Active to Passive Investing While Running a Business with Joe Fairless
9 snips
May 7, 2025 Joe Fairless, Co-founder of Ashcroft Capital, is a real estate mogul managing $2.7 billion in apartments and hosts a daily podcast on real estate. He shares insights on transitioning from active to passive investing, emphasizing the importance of forming strategic partnerships. Joe discusses revaluing time versus money to unlock financial freedom and suggests that time is our most precious resource. He also highlights the necessity of identifying strong passive investment opportunities to enhance revenue while managing a business.
AI Snips
Chapters
Transcript
Episode notes
Entrepreneurial Mindset Limits Passive Income
- Entrepreneurs often struggle to build passive income due to their active, hands-on mindset.
- This mentality focuses on non-scalable tasks, limiting passive wealth growth.
Leverage Partnerships for Wealth
- Leverage partnerships to successfully shift from active to passive wealth.
- Find partners who can help you grow wealth while you focus on your business.
Joe's Passive Investing Example
- Joe actively manages his own business and invests passively in over 100 real estate deals with around 60 operators.
- This strategy lets him vet and learn from others while growing wealth passively in various markets.