Sideos will show 323. This is the Financial Independence Fast Track. How to replace your salary by buying many businesses.

What's up, what's up, Nick, Loper here.

Welcome to this I'd hustle show because when income from assets you control exceeds

your monthly expenses, that's when you're free. That was one of the big

eye-opening lessons for me as an impressionable youth reading Rich Dad, Poor Dad, and actually

playing his cash flow board game as well. It's a call to build or buy income producing

assets and to keep your expenses low. And of course there are lots of different paths to that

ultimate goal of escaping the rat race, building your business, investing

in real estate, even traditional stock market investing can get you there.

But today on the show, I want to focus on a specific asset class that might have one of the fastest

returns. I'm joined by Stacy Caprio from her. CEO who was desperate in her

words to leave her day job.

And she ended up doing just that after acquiring and improving a portfolio of many online businesses.

Websites that make money from advertising, in her case,

that now earn a few thousand dollars a month.

For her, that was enough to leave her job.

Now, this asset class can be risky

and we'll get into some of Stacy's early mistakes but if you have some

online skills or management skills to bring people in if you don't want to run it

yourself this can be a fast track to the cash flow you need to fund your lifestyle, perhaps 10 to 15 times

faster than if you were to rely solely on traditional investments in a standard 4% withdrawal

rate.

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