He’s a Retired Pro Skater Who Had a $70M Exit & Now Builds Large Apartment Buildings | Mikey Taylor E203

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 20 June 2024

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s episode, Rich sits down with Mikey Taylor – Serial entrepreneur and former professional skateboarder. Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding t...

Transcript

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0:00.0	I thought it sounded cool to have cash flow when I was younger.
0:02.7	When we built St Archer, we made zero money, but we sold it for an astronomical amount.
0:08.1	And when that happened, I went, ah, it's all about equity and exit. It's not about cash flow.
0:15.0	Welcome to the Rich Drummers report where we talk real estate, business and wealth building
0:20.0	all while keeping it real. No fluff, no BS. I hope that you enjoy the show.
0:29.6	All right guys, welcome to another episode of the report. Today we got some sunshine outside
0:34.4	and we are almost at the halfway point of the year.
0:37.1	And I'm very excited because we got a big meetup tonight.
0:40.5	June Beers and Dills meet up here located in downtown San Diego.
0:43.6	We got a special guest.
0:44.4	I got my man back for round two.
0:46.5	I got my man Mikey Taylor.
0:47.5	Mikey, welcome back to the show.
0:48.6	Yeah, it's good to see you.
0:49.3	Thanks for having me.
0:49.9	Yeah, dude, it's been a minute.
0:51.6	We're just talking how, last time you were down here is May of last year like 13 months just freaking flies by dude. It's crazy
0:57.2	It gives flies by we have four kids now, so it's really moving. Yeah man for well Cong, well, congrats, bro.
1:03.0	And your wife, Jen, is sitting right here.
1:04.6	You brought her down this time.
1:06.0	Yeah.
1:07.0	Loving the black leather jacket, Jen.
	...

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