The Art of Passive Income

In today’s episode of The Art of Passive Income, Mark and Scott talk with Jim Harshaw—JimHarshawJr.com. Jim is a motivational speaker, former Division 1 All-American Wrestler who won three ACC championships for the University of Virginia. He was the youngest Division 1 coach at age 26! He also trained at the Olympic Training Center and competed overseas for Team USA! Jim, who learned many life lessons on the wrestling mat, relates those powerful lessons of failure, struggle, and setbacks to empower his audiences to overcome their own challenges and achieve success despite their inevitable failures. He joins us this week to discuss how important failure is, and how important a good support system is, too. Some things we cover: The good things that come out of failing The key to a great support system Why giving up is worse than failure How to avoid repeated failures Jim is here to make sure that no matter how rough things get and how hard you fall, there’s always a good way to look at a situation, and that’s no different in your business. Life likes to get in the way sometimes, and Jim shows Mark and Scott how to keep it from hurting you and your business. Don't fail to listen in to this episode! TIP OF THE WEEK Mark: Learn more about Jim Harshaw at JimHarshawJr.com and watch the TEDx talk. Also, listen in to the podcasts, and just engage in the wisdom of a Jim Harshaw Jr. It could be a daily motivational practice. Scott: Check out the book, The Magic of Thinking Big by David Schwartz. This book got me thinking about how important it really is to think big—not little things, but big things. Jim: To do the productive pause ask yourself this question out loud, "What's holding me back?" Answer it out loud to yourself. You will get so much value out of that. Don't stop with the line of questioning until you come to action. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Erik Peterson Aaron Williams Scott Bossman Mike Zaino Mimi Schmidt Scott Todd This week we go deep inside the moral dilemma and boundaries of Plagiarism. You’ve put your heart and soul into writing copy and you’ve paid good money for a photographer to go out to the property to take pictures and then someone takes your content and uses it as their own… how do you handle this situation? Is imitation the sincerest form of flattery or is this a blatant lack of respect? Are there any exceptions? What if they change the copy and put their own spin on it? What if it's a friend or acquaintance who takes them? What if it's disclosed that is not theirs and give you the credit? Listen in as the panel of geeks addresses these questions and more! TIP OF THE WEEK Mimi: Check out the most recent monthly report from Lands of America. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott are joined by the Project Ninja herself, Lyndsay Phillps! Lyndsay is the CEO of Smooth Sailing Business Growth, a content marketing company to help you grow your business and it’s reach quickly and efficiently. Lyndsay’s 4 favorite words in her job are: Plan, Publish, Optimize, and Promote. She believes in the power of social media and the strength that promoting yourself can give you! Some things we cover: The importance of email marketing Finding your ideal market Lyndsay’s favorite tools for marketing Lyndsay makes sure that everyone who listens this week feels like they have a great place to start in their marketing journey. She does a great job of making Mark and Scott feel like she’d be a valuable asset to the two of them. Let this Task Master help you master your marketing tasks! Lyndsay is offering listeners her Social Media Action Template to help outline your social media plan of action! TIP OF THE WEEK Mark: Learn more about Lyndsey at SmoothBusinessGrowth.com. Clearly, Lyndsay is an expert in all things content, marketing, and geeky tools. Scott: Read the book, Never Split the Difference: Negotiating As If Your Life Depended On It by Chris Voss. Negotiate as if your life depended on it. You've got to ask for big things and you got to hold your own sometimes. Lyndsay: One of the books that really resonated with me when I was starting out is, It's Okay To Be Scared - But Never Give Up by Jim Palmer. It's stories from different entrepreneurs. It made me realize that everyone has their own entrepreneurial journey and you always have to start somewhere. Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, join us as we take a look back at some of our most popular episodes. We chose three clips that have one common factor: TIME. This first topic up is the artificial timeline some set on certain aspects of this business or even on the success of their business. It’s always good to have goals to strive for, but don’t make time your end-game. “Don’t put a period on your goals, use a semicolon.” While our first clip talks about why you shouldn’t set a timeframe for this business, the last two clips are centered around the value of your time and how to avoid the huge time-suck of overthinking it! Listen in now... Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott are joined by Whitney Nicely, a real estate investor who is all about girl power! Raised in a family that sold dump trucks, Whitney originally thought that’s all she’d be doing with her life. But, upon realizing that her mom had been collecting checks in the mail for years, she decided to get out of the trucking business and into the new family gig: real estate investing! Whitney is all about empowering women to do what they love, especially real estate. She broke into the man’s world to bring you some inspiring tips for breaking into it, too! Some things we cover: Getting started with next to no money Realizing that land is everywhere, and it’s all for sale Lease options and how they can help jump-start your career Whitney isn’t afraid of the game that the real estate investing industry is, and neither should you be. When it comes down to the basics, anyone can do it so long as you’re willing to put in the work. Besides, who wants to work 40 hours a week just to make ends meet? Not Whitney! TIP OF THE WEEK Mark: Learn more about Whitney by going to her website at WhitneyNicely.com. Scott: Read the book, The Four Agreements: A Practical Guide to Personal Freedom (A Toltec Wisdom Book) by Don Miguel Ruiz. Whitney: For setting up automation, check out ifttt.com.  Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Scott Bossman Tate Litchfield Erik Peterson Aaron Williams Mimi Schmidt Scott Todd We get into a great topic this week and that is the debate over Landmodo ads—Is it better to put more information in your ads to save time in the long run, answering questions from leads that may not go anywhere. Or, do you give less information to create that air of mystery to open up a line of communication? The gang all give their feedback on which they believe is the better way to go and we come up with the definitive answer! Plus, we compare Landmodo.com to the other land websites… apples to oranges. TIP OF THE WEEK Mimi: Build your marketing strategy around the holidays with this Excel Spreadsheet by Leadpages. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

This week on The Art of Passive Income, we’re joined by the Hipster Investor herself, Ali Boone. Ali was an Aerospace Engineer who began her real estate investment career to get out of the corporate world. She discovered the Turnkey model of investment and was able to build an amazing business out of it. She joins us today to offer her insight and break down the myths and stigma attached to Turnkey investing. Some things we cover: Being Hands-Off doesn’t mean being uninvolved How to choose the right property How to avoid bad advice Ali also dives into the advantages Turnkey has for people who are just looking to get into real estate versus people who have done it for years, and why it might be the right fit for anyone. We also find out just important the right property management company can be, and how it can make or break your new residential land. Let this hipster show you how it’s done! TIP OF THE WEEK Mark: Learn more about Ali Boone at HipsterInvestments.com. Scott: Check out the App, Hushed for an affordable alternative to running multiple phone lines. With Hushed, you can have all the business lines you need right in your pocket. Ali: “Don’t take advice from people you wouldn’t trade shoes with,” which is to say that if someone isn’t in the field you want to pursue, maybe reconsider any advice they give you.

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Mike Zaino Erik Peterson Tate Litchfield Scott Todd Scott shares his excitement as we head into his most favorite time of the year, for land investing—people are in the money spending mode, wallets are open, and it’s a good time to be a land investor! Then, Tate brings up a topic that came up during Office Hours this week and that is the deal of the week and how much you should mark your properties down. Join the gang as they delve into these questions: Do you give deep discounts? Do you go by a percentage? Do you just offer low downs? Or, are receiving these advanced notice deals in your inbox a great deal in itself? The guys all dig deep into their own tactics and share their best-kept secrets with us. TIP OF THE WEEK Mike: Listening to uninformed people is worst than having no answers at all. -Ray Dalio   If you’re thinking about doing this business, get the real facts, talk to one of the experts. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In this week’s episode of The Art of Passive Income, we take a bite out of the Big Apple to meet with Craig Cody. Craig is a CPA, a Certified Tax Coach, and a retired police officer. Craig has been in the tax business for 17 years now, and while he’s no longer chasing “perps” down the streets of New York City, he still maintains the same type of rush and dedication to saving clients thousands of dollars in taxes and seeing the look of delight on their faces. He’s joining us today to share some amazing tips on how we can cut our taxes down to next to nothing and offering the listeners a free copy of his book, 10 Biggest Tax Mistakes That Cost Business Owners Thousands.  Some things we cover: Planning Choosing the correct business entity to do operate under Understanding the Tax Codes Documenting everything Craig also clues us into what we might be able to deduct off of our taxes in our personal lives. Even something as simple as your pool can count as your Home Athletic Facility. Craig dished out some must-have tips for all of your tax needs. Listen in as the Master teaches his young Padawans the way of saving money on their taxes! TIP OF THE WEEK Mark: Learn more about Craig Cody in getting a 3 to 500 percent ROI on your tax planning at CraigCodyAndCompany.com. Scott: The App, Undisturbed, given by Scott appears to be unavailable now. Being that the podcasts are recorded well in advance of publishing, this happens occasionally. The company APP-enzeller.com does have other apps available though. Craig: Read the book, Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink. You can learn nuggets of good information in it like communicating with people. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Mimi Schmidt Tate Litchfield Scott Bossman Erik Peterson Aaron Williams Scott Todd Scott Bossman brings up an interesting and challenging situation that he faced last week. One that raises Mark’s blood pressure and leaves him feeling anx-gry and the whole gang riled up! He had an intake deal in progress with a gentleman that he connected with on a personal level. The seller told Scott that he had owned this property for over 30 years and Scott’s offer was the first one he had ever received. They agreed on a price and everything was good to go until another investor sent an offer right before the deal was done and the amount was double Scott's offer. Should Scott hold the seller to the original agreement since he had already put in all of the work, or just offer more money since he already had a buyer in place? And, what about the other investor who is also a community member, should Scott reach out to them to let them know that their offer is too high for the area? Everybody weighs in on how they would proceed. Then, Scott Todd tells us about a little scarcity experiment he performed in an area rich with land investors. He ran the analytics on APN numbers and the number of times they were mailed to and the results may shock you! Listen in to find out what that number was and to hear the outcome of Scott B’s. situation. TIP OF THE WEEK Mimi: Check out WhitePages.com—a less expensive alternative to Intelius. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?