Action Academy | Replace The Job You Hate With A Life You Love The 10-5-1 Plan: How To Build $10M Net Worth - $500k Passive Income - From ONE Investment Per Year w/ Matt Aitchison
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Dec 19, 2024 Matt Aitchison, a savvy real estate investor, shares insights on building wealth through commercial properties. He outlines a strategic plan of acquiring one investment each year aimed at generating substantial passive income. The conversation dives into the emotional journey post-success, emphasizing purpose and continuous growth. Aitchison also discusses transitioning from traditional to commercial real estate, aligning investments with personal values, and the power of networking. Listeners are encouraged to craft their vision for success and leverage community connections.
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The Post-Success Funk
- Financial success can lead to a feeling of being lost if there's no clear mission or goal.
- Aitchison emphasizes the importance of continuous growth and finding new challenges.
Building Frameworks for Success
- Identify what makes you thrive and create frameworks or routines around it.
- Use these frameworks to navigate through funks and stay optimized.
Humble Beginnings
- Matt Aitchison's real estate journey started humbly, working for free for a house flipper.
- He later transitioned to commercial real estate, finding it easier and more aligned with his financial goals.