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Digital Social Hour

How I Built a $250M Fund: My Step-by-Step Strategy I Mikey Taylor DSH #499

Digital Social Hour

Sean Kelly

Self-improvement, Education

51.1K Ratings

🗓️ 16 June 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

🚀 How I Built a $250M Fund: My Step-by-Step Strategy Ever wondered how a pro skateboarder transitions into managing a $250M real estate fund? 🛹💼 Tune in now to the latest episode of the Digital Social Hour with Sean Kelly! This week, we dive deep with the extraordinary Mikey Taylor, who took his passion for skateboarding and flipped it into a thriving business empire. 🌟 From the grind of professional skateboarding to the intricacies of real estate investments, Mikey shares his journey, strategies, and secrets to success. Discover how he navigated the tough transition, overcame identity crises, and built a powerhouse private equity firm. 🚀 Packed with valuable insights, this episode is not just for aspiring investors but for anyone looking to turn their passion into profit. 📈  Don't miss out on Mikey's genius tax strategies, his no-debit-card rule, and how he leverages the power of credit. 💳 Plus, get the inside scoop on his innovative storage solutions and multifamily development projects. Join the conversation and learn how you can apply these strategies to your own ventures. Watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🚀 Keywords: Digital Social Hour, Sean Kelly, Podcast, Apple Podcasts, Spotify, Mikey Taylor, $250M Fund, Real Estate, Skateboarding, Tax Strategies, Investment Insights #MikeyTaylor #RealEstateInvesting #FinancialFreedom #InvestingInRealEstate #BuildingBusiness CHAPTERS: 0:00 - Intro 0:40 - How Much Money Do Pro Skaters Make 5:20 - Transitioning Into Real Estate 8:00 - Do You Need A License To Start A Fund 8:30 - Mikey's Real Estate Strategy 16:22 - Why You Shouldn’t Use Debit Cards 18:35 - Why You Should Use Credit Cards 20:40 - How Many Income Streams Do You Need 22:32 - Using AI In Business 23:42 - Why People Hate Graham Stephan 27:58 - Where To Find Graham 28:05 - Where to Find Taylor on Social Media APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUESTS: Mikey Taylor https://www.instagram.com/mikeytaylor/ SPONSORS: Deposyt Payment Processing: https://www.deposyt.com/seankelly LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Are you kidding? So I call them up and basically what I found out was they don't look for fraud.

0:06.5

That's not what they do. They just call the vendor or the merchant and ask if they will refund them the money.

0:14.6

Hey, we think there's fraud, will you refund this?

0:17.2

If they say yes, well then they give you that money back.

0:19.9

If the merchant says no, then they call you up sorry no fraud.

0:23.6

Wherever you guys are watching this show, I would truly appreciate it if you follow or

0:29.8

subscribe. It helps a lot with the algorithm. It helps us get bigger and better

0:33.5

guests and it helps us grow the team. Truly means a lot. Thank you guys for

0:37.1

supporting and here's the episode. All right guys, Mikey Taylor in the

0:41.9

building. Former pro skateboarder now managing a $200 million real estate fund?

0:45.6

What's up, my man? What's going on? Scracken.

0:47.8

What a journey? It's been a crazy journey. Yeah, you don't see many ex-pro skateboarders take the journey you have, I think.

0:54.0

No, no.

0:56.0

For worse.

0:57.0

Yeah, diving into the business space.

0:58.0

Was that a quick transition or did you feel kind of lost after you retired from skateboarding?

1:03.6

Well, my transition started.

1:05.6

I was still a skateboarder.

1:06.9

Like my first business was a craft brewery.

1:09.2

And I did it while kind of I was heading

1:11.5

towards the tail end of my career.

1:14.0

So I had maybe four years of doing both.

...

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