Ready to learn how lifestyle investing can lead to passive income, financial freedom, and strategic investing? Today’s episode will show you how.
Hailed as the “Warren Buffett of Lifestyle Investing” by Entrepreneur Magazine, Justin Donald is a lifestyle investor on a mission to support entrepreneurs and business executives in crafting their investment strategies. With a track record to justify his title, Justin is a Wall Street Journal Best Selling Author, Podcast Host, and a Board Member.
In this episode, we’ll explore Justin’s dedication to helping others achieve freedom and wealth through his company, Lifestyle Investor. Justin has designed multiple digital courses covering various topics, from lifestyle and mobile home park investing to passive income strategies. His commitment to making a positive impact extends to his philanthropic endeavors as well—proceeds from his book go to Love Justice International, a nonprofit fighting human trafficking across 17 countries.
Whether you’re a seasoned investor or just starting on your financial journey, this episode promises insights, strategies, and a roadmap to financial success.
In this episode:
[01:20] What does Justin currently do as a lifestyle investor?[03:19] Where did Justin initially start?
[06:04] Did Justin ever slave working for the nine-to-five?
[09:28] Building your income as you go, as opposed to building in one place and then transferring.
[13:38] Were there any cornerstone fundamentals helping individuals get financially free?
[17:37] Writing the number one Wall Street Journal Bestseller, “The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom”.
[19:28] Does Justin recommend real estate as one of the first channels investors should look at?
[26:23] “Most people have all their money in the stock market. Hey, if it works, good. But that’s a lot of risk.” – Justin
[30:24] Justin gives us an example of a deal he did and what he was able to de-risk it.
[37:59] What’s been Justin’s biggest win on a deal from the ROI perspective?
[41:02] “There’s no better place to invest time and capital than your network, your peer group, your coaches, and mentors.” – Justin
[42:03] For a person who’s got 2 million saved and making half a million bucks a year and another who makes 50 grand a year, what would Justin advise them to do?
[47:01] “The deals you want to do are the deals you can’t get access to and you need relational capital to get into those deals. That’s where you want to be.” – Justin
Key Takeaway
The concept of generating income on the go, rather than being confined to one fixed location, is a key strategy for achieving financial freedom. The consideration of real estate as an initial investment channel can be explored, making sure to weigh its merits and drawbacks.
A valuable aspect of financial success lies in adopting a diversified approach and effectively managing risk across various investments. Also, it is important to invest time and capital in building relationships, and networks, and securing mentors. This not only enhances one’s knowledge base but also plays a vital role in accessing lucrative investment opportunities.
About Justin Donald
Justin Donald is a lifestyle investor supporting entrepreneurs and business executives with their investment strategy so that they create passive income and freedom. Also, a Wall Street Journal Best Selling Author, Podcast Host, and Board Member, Entrepreneur Magazine calls him the “Warren Buffett of Lifestyle Investing”.