On this episode of the Passive Income Attorney podcast, Seth is joined by full-time periodontist Dr. Jeff Anzalone as they talk about his perspective as an investor-doctor, and why you need to reconsider the way you think about money, the educational system, and your future. Apart from being a dentist in the great state of Louisiana, Dr. Jeff is also an author and the founder of DebtFreeDr.com. His focus is on helping doctors and other high-income professionals create passive income from real estate, so they can stop trading time for money. Enjoy!
“You can never have enough information, but you should have enough to know what you’re doing. If you can make a good solid decision that goes with it, pull the trigger.”
HIGHLIGHTS:
Here’s a breakdown of what to expect in this episode:
- How to sort out the business side of your profession that you aren’t taught in school.
- What drives medical professionals to get into real estate investing.
- How to shift your mindset to buy back the time you traded for money.
- The hurdles that doctors face when it comes to money matters.
- The importance of financial education in the early stages of your career to avoid the golden handcuffs.
- Things to avoid when starting your journey in real estate investing.
- And so much more!
ABOUT | DR. JEFF ANZALONE:
Dr. Jeff Anzalone is a full-time practicing periodontist in the great state of Louisiana, author, and founder of DebtFreeDr.com. His focus is on helping doctors, and other high-income professionals create passive income from real estate so that they can stop trading their time for money.
Dr. Jeff, like most people, dealt with many failures and setbacks along his path to success. Only two weeks before completing his surgical dental residency, his plans fell through to join a group practice which he was relying on to teach him how to run a business.
This left him with no job, an interest-only mortgage, a two-month-old, and close to $300,000 in student loan debt.
After becoming debt-free, he shifted his focus to acquiring streams of passive income using real estate as he realized that his practice income was their only income stream at the time.
He now uses his blog, DebtFreeDr.com, to educate doctors and other high-income professionals on how to passively invest in real estate so that they can stop trading their time for money.
FIND | DR. JEFF ANZALONE:
Website: http://www.debtfreedr.com/
Doctor’s Passive Income Guide: https://www.debtfreedr.com/doctors-passive-income-guide/
CONNECT | SETH BRADLEY:
Snag | The Freedom Blueprint: http://www.attorneybydesign.com
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FULL TRANSCRIPT:
Seth: [00:00:00] Greetings kiddos. I hope you’re having an awesome week. Don’t forget to take a break, get outside and enjoy the sunshine. If you’re ready to get started on your passive investing journey. Pause this right now and go to passiveincomeattorney.com, click “join the club” and get started on your passive investing journey here on PIA.
We don’t discriminate. If you’re not a lawyer, we’re here to help educate everyone about creating more passive income streams so that they can all experience true freedom of time, finance, relationships, and mindset. Today, we have a very special guest periodontist. Dr. Jeff Anzalone. Who shares his perspective as a doctor and why we all need to reconsider how we think about money, the education system and our future.
Dr. Jeff Anzalone is a full time practicing periodontist in the great state of Louisiana author and founder of debt-free doctor.com. His focus is on helping doctors and other high income professionals create passive income from real estate so that they can stop trading their time for money. All right, let’s get it on.
Seth: [00:01:47] Jeff welcome to the show brother. Thanks for coming on!
Jeff: [00:01:51] Yeah, thanks for having me looking forward to it.
Seth: [00:01:54] Absolutely, man. Well, let’s just jump right in. Uh, what’s your story? Feel free to brag a little bit.
Jeff: [00:02:02] Well, the story kind of start off a little bit bad, I guess like the typical movie.
Um, about two weeks before my training, uh, dental surgery training, uh, was planning on going back to my hometown, Louisiana, to join a group. And you know, the problem with, you know, medical school, dental school, law school, you know, anything like that. They teach you how to do your trade, but they don’t teach you anything about running a business.
Right. So I was completely relying on that practice to hire people for me. Um, you know, get patients, you know, everything that is involved with running a business or a practice still, unfortunately about two weeks before the, uh, training ended to graduation, the, the deal fell through and my wife and I, we had a two month old.
Uh, had already purchased a home that I was just paying interest only because the banker knew that the group that I was going in with. So it was, yeah, this was before the 2008 real estate crash. It was just like, oh yeah, well, we’ll take care of for you. That’s how you bought a house. No back then, for those of you that don’t know that.
So, um, Had about 300,000 in student loan debt. Um, but again, the worst part was not knowing how to run a business or practice and that, um, it, it was, it was bad. It was, you go from not really worried about paying off loans or debt because you’re going to make pretty good money. So I went from sort of an abundance type mindset to one of fear and scarcity, like, you know, overnight.
And to be honest with you, it’s taken me a long time to get over that. And I still struggle with it because, you know, just like last year when the pandemic hit, you know, anything could be gone in the blink of an eye, you know? So, um, that. Uh, that happened. Luckily I had a, uh, UN communicated, you know, some, some of the local dental specialists and one of them had gone through sort of the similar situation he took me in.
I was able to use his staff. He used his office. I didn’t have to take out any more loans. He taught me the business. And after about two and a half years, I was able to build up a practice enough to purchase the building that I’m in now. And here we are.
Seth: [00:04:42] Oh, that’s awesome, man. I mean, you said some pretty powerful things there.
300K in student loan debt. I think a lot of our listeners can, can relate to, you know, having that burden out of, you know, law school or dentistry school or, you know, whatever it might be. I mean, you know, you’re, kind of putting that whole right out of the gate, you know, we’re, we’re, we’re taught like growing up, let’s go to, let’s get the best job that we can possibly get and, you know, we’ve become lawyers or dentists or doctors or something like that.
And then we’re put in this massive. Massive hole. And as you mentioned, not even taught how to run a business, um, and it is a business, um, and it is very difficult to kind of navigate, navigate those waters, but it sounds like you’ve, um, kind of made your way out of that and dug yourself out. Like, why don’t you tell me a little bit about how you have been able to do that?
Jeff: [00:05:28] Well, in high school and in college, I used to be mow yards. So actually resorted back to mowing yards that summer. Uh, talk about a humbling experience. You know, you go through all that training and you’re still mowing yards, you know, but, uh, you gotta do what you gotta do, you know, to put food on the table and to, to make ends meet.
So, uh, I did that, uh, I started working, trying to build my practice in the mornings and then working in other offices in the afternoon, five days a week for that two, two and a half years. And. Uh, that helped me to pay, you know, just to pay the mortgage, pay the bills as I was building my practice. And, you know, it probably took, you know, anywhere from three to four years to really start to see growth, uh, just, you know, it’s just how it is, you know, with really any business.
And, um, you know, luckily we’ve been blessed enough to where I was able to cut back to four days a week. And, um, here we are.
Seth: [00:06:31] That’s cool, man. Uh, so yeah, I was going to ask you about your current dentistry practices. You said four days a week. So you’re, you’re kind of down to part time. Have you kind of made hires that are taking on some of the, you know, your previous, uh, clients or how were you able to, how are you able to cut back?
Jeff: [00:06:48] Well, uh, uh, I noticed that one of my slowest days was Fridays and, uh, Was asking some other specialists about that. And they said, well, you know, we get a lot of our patients from other dentist in the area, and I don’t know about your area, but in our area, the majority of the dentists don’t work on Fridays.
So their offices were closed. Thus, we weren’t really getting them any phone calls on Friday. So I decided to start taking Fridays off. Which has been really great because I’ve been able to really spend a lot more time with my kids, their functions. I just love having a three-day weekend. It’s uh, it’s nice for sure.
Seth: [00:07:27] Yeah. Yeah. Do you ever think you’re going to get to the point where you’ll, you know, maybe keep the business, but have other dentists kind of running it for you and never just walk away a hundred percent or what are kind of your future goals?
Jeff: [00:07:37] I think it depends on the person that I eventually bring in.
You know, if, if it’s something that, uh, if they want me to stay on a little bit to, uh, you know, sort of introduce them to the community, that’s fine. If, if they won’t make completely out of the picture, you know, um, I’m good with it. So, uh, again, it just, it just kinda depends on the situation once we get to that point.
Seth: [00:08:02] Yeah. Yeah, no, I understand that you, you did get into real estate investing. Is that right?
Jeff: [00:08:07] Yes.
Seth: [00:08:07] Correct. And kind of what made you kind of take that leap? You know, did you have, uh, an aha moment at some point in your, in your practice? And you’re like, I need to start diversifying into alternative investments or real estate or, or what?
Jeff: [00:08:24] Yeah, it was, it was actually, my aha moment was actually on the ski slopes of Colorado, uh, about, uh, Five or six years ago we were skiing and I had a kid cut in front of me.
And in order to not kill the kid and kill myself, I had to swerve. And unfortunately, when I landed, you know, whenever you fall, you, you know how you immediately put your hands down? Well, it bent my hand back and injured my wrist. Luckily it wasn’t anything major. But, uh, looking back, I think that was the first time I really started thinking about, well, what would happen if I got either temporarily or permanently injured?
Because my family was relying on my one source of income, had no clue about passive income streams about anything like that. But that, that’s where I started the journey that eventually led to, you know, investing in. Passive, uh, you know, real estate deals to starting the blog and all of that today. But that was the one moment that I can think about.
Seth: [00:09:36] Yeah, that makes sense, man. I mean, you work with your hands. I mean, that’s kind of your lifeblood. I mean, same for even attorneys. I mean, we’re typing or at least transactional attorneys I’m typing all day long. Um, and it’s just like, you know, what would, what would happen if something happened? You start thinking about, you know, those what ifs and those, what if scenarios are.
You know, they’re, they’re possible. So you’ve got to start thinking about, you know, building different types of income streams outside of your, your single, you know, W2, uh, practice, whatever that might be. Um, I always say that, you know, your W2 having one stream of income as your W2 is, is the riskiest thing you could do.
Whereas most people think of it as, you know, like the safe thing to do. Right. Most people think. You know, I’ve got a great job. I’m a dentist, I’m a doctor, I’m a lawyer. So I’m completely safe, but that’s actually really risky because you don’t have anything else. And I think, um, I think what you’re going and what I’m doing is powerful to, to our listeners to get out there and start building those secondary tertiary income streams.
And if they want to, maybe it will replace their active income if they, if they want to step away.
Jeff: [00:10:40] Yeah, absolutely. And, and, you know, we don’t, we don’t ever have any second thoughts about bond insurance policies. Which, you know, we have, you know, especially if you run your own business, you have a multitude of different policies.
Will I really think this is no different than that? You know, this is Mrs. A insurance policy, but instead of you paying the company and not getting anything in return, unless you get injured or something like that, you’re actually getting something in return that would be additional income streams.
Seth: [00:11:11] Yeah for sure, maybe you can give me a little bit more insight about some of the other, you know, the pain points for physicians, uh, that might drive them to look at real estate and other alternative assets and creating, you know, side hustles and other income streams. I mean, what, you know, take me into kind of their life and, and what they’re looking at.
Jeff: [00:11:32] I think it’s, you know, their situation and a lot of the other just professionals out there that trade time for money, but have to try it a lot of time for money. And if, if they want to make more money, they have to work more hours or more shifts or in other offices, you know, unfortunately in our field, the.
Reimbursements insurance reimbursements are getting less and less a year. They’re getting squeezed. We’re having to do more, uh, do more work. Medicare payments are down. So we’re having to each year do more work, work longer hours in order to make at least. The same as last year. Maybe not even as much as last year.
And unfortunately this is really leading to a doctor burnout really bad. Um, I’ve had two friends, local friends here, unfortunately take their lives in the last few years. And part of that was from that. And it’s, it’s really, uh, uh, uh, a really big thing that’s going on now. So, you know, And, and it’s, and I think it’s called maybe like the sunk cost fallacy or something like that, to where, you know, same thing with attorneys.
You, you spent all this time and money training, and then if you get out and if you’re, you know, let’s say you’ve been working for seven, 10 years, you know, 12 years and you’re miserable, but you think, well, God got so much time and money invested in it. It’s just, I don’t, I can’t quit it. So you feel trapped, you know, you feel stuck and this is what’s happening to these people.
And the thing is, as you know, with. Uh, with real estate and passive income, you’re giving them other options that they never really knew before. And I think that’s really cool just to hear the excitement and the hope and their voices. Whenever I talk to them on the phone, after they found my blog or listen to a podcast like such as yours and interview, and it’s just, you know, I’ll never forget it was a, um, A cardiologist thinks she was in her mid forties in California.
And she was so excited that she didn’t have to work until she was 70 because you know, I’d given her well, not really me, but just the information I had given her different options. So that that’s the really cool part about it.
Seth: [00:14:05] Yeah. Yeah. I mean, it’s powerful. Like information is powerful. A lot of people like us, we, we, we grew up in that W2 mindset.
We grew up thinking, just get a really good job. And that’s all there is, you know, nine to five till 65. And then you retire. Um, you know, at least when I grew up, it was just like, we didn’t even, I grew up in a blue collar. Family. And it was just about getting good job. It w we didn’t even think about, you know, starting a business or buying a bunch of real estate or anything like that.
It just wasn’t, you know, part of, part of my mindset. So I think when they listen to your podcast and you, you get the, you know, the wheels turn and it’s just like, oh, there’s, there’s another way. And it, it, it changes people’s lives for sure. Um, you said a couple other awesome things there, man. I mean, you know, It’s crazy that dentists and doctors and lawyers were some of the most unhappy we’re the unhappiest people on the planet.
Like, because of some of those reasons you put out, we put so much effort in time and, you know, people think of us, you know, on this prestigious pedestal or something, but really, you know, there’s a lot of pressure that comes with that. And a lot of, you know, trading a lot of our time, all of our time for, you know, for the money that we get and it can, it can certainly take a toll.
As, as you spoke on it.
Jeff: [00:15:22] Yeah. I think one of the things that really opened my eyes, which I’m sure you know about, and maybe some of your listeners know about is, uh, Robert Kiyosaki’s cashflow quadrant, you know, we get out and. We, you know, for me, you know, thinking, oh, I’m going to, I’m going to have my own business.
I’m going to be self-employed, you know, um, I’m gonna take off when I want, I’m going to be the, the man, you know, but then you read about what the self-employed person is, you know, from him is, you know, if, uh, if I’m not here, I’m not, you know, I’m not making any money. So I’m basically nothing more than a glorified employee.
You know, the business owns me. I don’t own the business and, you know, we pay the highest amount of taxes and all of that. So that really helped me to start again, to start focusing on shifting to the other side of the quadrant, which he calls, you know, the rich side. The poor side is the employees or the self-employed and the, and the rich side will be the business owner, the investor, people that, like you said, have people working for them, you know, they can go off a weeks or months at a time the business still works or, and or they have enough assets, uh, paying them additional income streams where they don’t have to be there.
And basically it’s freedom. It’s, you know, to me, at this point, it’s not about the money. It’s about the freedom. And I was watching shark tank last night and, you know, mark Cuban was telling the guy, he said, you know, look what, you know, he had he’d come up with some sort of device that pre COVID. He had been working for 13 years with two business partners.
They were averaging about a thousand a year in this business. Basically nothing. Yeah. I think it was like stepping pool or something like that. Some sort of device you put at the bottom of a office door. So instead of grabbing the nasty door handle you step and you can pull with your foot to open the door.
So, uh, mark March of 2020, they did over a million dollars in sales. And then within six months, 7 million in sales and, and, you know, he w he was just talking to him about, you know, It was like, he won the lottery basically, but he was just telling him just now he could get out of that other job and just focus on, you know, spending time in this business, but freeing up his time because he said, I don’t care how much money you make.
Time is our most precious asset and people that are listening to this that have kids, you know, they can relate to that because you only have a, just a small window that your kids or under your roof. Until they leave, you know, hopefully they’ll leave at some point, but, um, you know, you just have a very small window and I look back over my life and, and I think about every five to six years, it’s completely changed.
You know, priorities have changed where we are in our life has changed. So what’s your thinking now that’s going to happen in 20, 30 years. It’s probably not. So I’ve been, you know, I think more now in four to five year chunks, set goals like that. And then that really has helped out a lot.
Seth: [00:18:36] Yeah. Yeah. And what you said is perfect, man.
I mean, it comes down to freedom. I mean, that’s really that, that big mind shift that you start thinking, well, do I really want to work nine to five too? I’m 65 or can I start, you know, buying back my time through investing. Or through side hustles or whatever it might be, but figuring out, or, you know, even if you already own a business, figuring out a way to delegate and hire so that you don’t have to be there every day, whatever it might be, you need to figure out a way to start buying back your time.
So you are not stuck in that rat race till you’re 65. And you’re looking back and saying, man, I should have spent less time in the office. Um, you’ve got to figure that out a little bit, a little bit sooner. I think people are starting to come around to that idea. More so today than they kind of have in generations past.
So it’s a, it’s a beautiful thing to see. Um, do you come up, um, you know, do you see any issues when you speak to doctors about, you know, I think like attorneys, they’re probably pretty conservative by nature. I mean, do you get a lot of pushback from doctors or you have a hard time kind of getting them over that hump to, um, you know, start looking at investing, uh, outside of their practice.
Jeff: [00:19:44] That I think that was the, one of the biggest hurdles I’ve thought start writing a blog was going to be, but it’s actually completely the opposite. So I don’t have to do anything to try to sell anybody or anything. I’m not selling anything. It’s people come to me. They’ve already, um, read articles. They’ve already listened to podcast interviews their knowledge most for the most part, they’re knowledgeable about it.
So they’re pretty much, well-prepared, it’s really funny. I don’t even know these people. And on one phone call they’re, they’re telling me their life story or their, you know, how much money they make, how much money they saved up. And they’re just, um, very open about it. But I will tell you this, that the majority of the people that you think that make a lot of money, that that should have a lot of money don’t and they have people in their forties and fifties.
Are rarely struggling. So the sooner we can get the word out to people the better.
Seth: [00:20:48] Okay. Why do you think that is? Do you think they’re there there’s they kind of have the golden handcuffs where they keep buying more stuff that they don’t need, the bigger houses, the bigger cars, or is it, or is it something else?
Jeff: [00:20:59] And I think that’s a big part of it, but also think a part of it is they think, well, you know, I’ll make good money. I don’t. But I think the gravy train is never going to dry up. Yeah. And I just think, you know, I’m going to make good money till I work. And as you know, that lots of things could happen and they get to be in their forties and fifties and they’ve got, um, hardly any money saved up for retirement.
They have weddings to pay for, um, colleges to pay for the habit. They haven’t done any planning. And it’s, uh, it’s sad and they’re like, well, how am I going to find this money? And you start talking to them and they’ve got the million dollar homes and the cars and all of that. And I said, well, it’s tough.
So, uh, again, the I’ve got my cousin, that’s getting ready to get finished with his training. Um, ENT. And he’s, he’s been listening to all this and reading books the whole time he’s been in his residency and man he’s, he said, as soon as I start my, my job this summer, you know, I want to sit down with you and, uh, you know, help me.
I already kind of have a game plan, but help me plan out. Well, somebody like that, they’re going to do great. Yeah. If you could get somebody right out of training or residency, or, you know, whatever, you know, law school or whatever to, to think about that. You know, the earlier the better.
Seth: [00:22:26] Yeah. I mean, I think it comes down to education, right?
I mean, we’re not taught this stuff growing up. We’re not taught how to run a business. That was one of the first things you brought up on this interview was, you know, I wasn’t taught how to, how to run a dentistry practice in dentistry school. Um, and, and even before that, I mean, we should be reading Rich Dad, Poor Dad when we’re in at least in middle school.
Jeff: [00:22:47] For people that have kids, I think it’s really important that you teach them these concepts. If not, they’re going to do with the masses do, and they’re just going to go to go to school, to get a job and not learn anything about money and be broken in debt. So if, uh, you, you want to change your generation at the time to start is now.
Seth: [00:23:11] Yeah, definitely. I mean, it’s, you know, it’s almost like we’re not supposed to talk about money, but it should be on the forefront. I mean, financial education should be a requirement from an early age to start learning about.
Jeff: [00:23:23] It was really cool last year, you know, how, how many 13 year olds that pass by on apartment complex and they start.
Uh, looking at it and then they asked, you know, they ask you, well, dang, I wonder how much the owner’s making their, you know, there’s probably over a hundred tenants in there paying rent instead of just going there was an apartment complex. So again, it starts with the process of thinking they’re, they’re thinking about things in a different way.
Seth: [00:23:50] Yeah, for sure. For sure. Well, let’s, let’s switch gears a little bit. I mean, so you said that you got into real estate investing. What did, what did that first deal look like?
Jeff: [00:23:58] Uh, most of the deals that I originally did because I didn’t want to be a landlord were crowdfunding. That’s when I was starting to get real big in 2017, just did a couple of little small debt deals.
And then after I got comfortable with that after, I don’t know, six, eight months, uh, try to step up my game with an equity deal. Again, it was crowdfunding, uh, Realty shares, which was at that time was, was the, the fund rise or the equity multiple. It was, it was the biggest crowd funding platform back then.
And, uh, um, it was an apartment complex. In Tulsa, Oklahoma, uh, unfortunately after about a year, every investor lost their investment.
Seth: [00:24:44] Oh what platform was that on?
Jeff: [00:24:47] It was Realtyshares.com.
Seth: [00:24:49] Gotcha. Yeah, I know that one.
Jeff: [00:24:50] It actually eventually went under and were taken over, but that really taught me that number one, I had no business doing that, cause I didn’t know what I was doing.
So, you know, you get what you deserve, but I could have easily quit, but I knew that. There are too many people were obtaining wealth and passive income from real estate. So, uh, I stopped for about six months to a year and, uh, really dove in to studying, educating myself, going to two conferences, seminars, and then slowly figured out the path that I needed to take, which was.
Uh, you know, with syndications and getting rid of that middleman, getting rid of that website. Cause I was, you know, putting trust in a website and you don’t know who you’re dealing with. I didn’t know the sponsor. This person had purchased this in a high crime area. More people were moving out and moving in and they just ran out of money.
So how it outta known? The person I was working with and tour the property, you know, that’s what I do now. Um, uh, we, my group just purchased a property over in Dallas, so, you know, I’m, I’m, hands-on, uh, you know, go to look at it. So not only for me, but for other people that are counting on me to recommend these things.
So it’s, that’s, it’s reputation. It’s a lot of pressure out there. So I want to do everything that I can to give people. The accurate information, and then they can decide on their own, whether they should invest or not.
Seth: [00:26:27] Yeah. Yeah. I think the theme of the episode is education, right? I mean, you just jumped right in and we always say, you need to take action.
You do. But the first step before you take action is the, you know, educate yourself. And some of these platforms are, you know, like fun dries and others like it, or, you know, you can get enamored pretty quickly by, you know, this, this beautiful platform that they put together. And, you know, just start throwing money into it before you’re, you know, properly educated and you even know exactly what you’re doing.
So it’s, you know, that first step is getting educated and networking and talking to people. And as you mentioned, you’ve kind of gotten to that point now where you’re investing directly rather than over, you know, through this third party medium, um, which are, you know, kind of these crowd form crowdfunding types of websites, uh, that that’s a much better way to do it.
You can kind of cut out that extra, that extra middleman and an extra layer of, well, who am I actually working with here?
Jeff: [00:27:20] Yeah, because most of these deals are 50, 75 thousand dollar minimums. And I want to know who I’m giving that money to. I’m wanting to know who they are. I want to know about their reputation.
I want to know where they live. If I have a problem, I can go knock on their door where as you can’t do that through these websites. So that’s, you know, some people don’t want to do that and they, they, they think, oh, it’s okay. But after you’ve been burned, once I’m not going to do it again,
Seth: [00:27:49] Yeah. Yeah. I mean, it’s easy cause you get on the websites and they’re, they’re beautiful.
I mean, that’s what, that’s where all the money goes is, is, uh, put money into making that platform run quickly and run efficiently and look beautiful. And it’s pretty easy to just trust it without really digging in, to see what what’s going on behind the scenes. Um, so before we jump into the freedom for you have one last golden nugget for our listeners?
Jeff: [00:28:11] One of the things that, uh, another type of person that I talked to is, is the person that has a lot of, um, background, as far as education. Some of them know more than me yet. They’re too scared to do anything and you can have all the education you want in the world. You can know stuff this and that, but until you actually take action, because at some point, you know, you’ve got to trust somebody.
Yeah, cause that’s their main, their main issue as well. I don’t know who to trust and I don’t know, you know, so if you break your leg, you pick out an orthopedic surgeon, you, you gotta trust that dude to fix your leg at some point, or you’re going to walk around with a big limp, you know? So, uh, so I guess my, my golden nugget is you can never have enough information just, but you should have enough to know what you’re doing.
And if you can make a, a good solid decision to go with it.
Seth: [00:29:13] Pull the trigger, pull the trigger. All right, man, let’s jump into the Freedom Four.
Seth: [00:29:20] What’s the best thing you do to keep your mind and body healthy?
Jeff: [00:29:24] Well with two teenagers, uh, they’re always wanting to do something.
Uh, yesterday I worked out, I think for about 90 minutes. So, so lifting weights definitely got home and my oldest was ready to go play tennis. So I took a couple Advil, uh, headed out the door.
Seth: [00:29:44] Exercise, uh, love it, love it. What’s one piece of technology or a life hack you use to be your most productive self?
Jeff: [00:29:54] Uh, I’m not a really big electronics person, but if I were to say something that I use on a daily basis that has bailed me out several times would be my Google calendar. And if I didn’t have it telling me occasionally, Hey you, in 30 minutes, you got to talk to Seth, then I would be a world of trouble. So the Google calendar.
Seth: [00:30:17] Yeah, for sure. If it, if it doesn’t hit the calendar, it doesn’t, it doesn’t happen. Exactly. What’s one actionable step our listeners can do right now to start crying, need more freedom?
Jeff: [00:30:29] I would encourage them to block out time. Whether it’s every night or even just once a week to where you’re dedicated 30 minutes or an hour to start learning about passive income or financial freedom or, or whatever you’re trying to accomplish and go from there.
Seth: [00:30:50] Awesome. Awesome. How has passive income made your life better?
Jeff: [00:30:55] It has given me options, whereas before I only had one path, the accumulation path. Work till I’m 70 and hope I have enough money in my 401k, but, uh, now I’m 46 and, uh, looking maybe four to five years of transitioning out and never would have been able to do that if it wasn’t for passive income.
Seth: [00:31:18] That’s awesome, brother. That’s awesome. All right, Jeff, where can our listeners find out more about you?
Jeff: [00:31:23] Um, they could go to my website. debtfreedr.com um, uh, put together a free passive income guide so they can, uh, Go to debtfreedr.com/free. God.
Seth: [00:31:37] Awesome, man. Well, I appreciate you coming on the show brother.
Jeff: [00:31:40] Yes, sir. Thank you for having me.
Seth: [00:31:42] The doctor has left the building. Unbelievable story, love the hustle, and that’s what it takes. Do what you have to do to make it work. Think outside of the box and take action. Major keys. Don’t assume the gravy train isn’t going to dry up.
It can, and it will. One stream of active income is not safe, no matter what the firm or that your financial advisor tells you. It’s not. Take back control, create multiple streams of income to build your own economy. Start buying back your time. Just like Jeff did take action now and join EPIC, our Esquire Passive Investor Club by going to passiveincomeattorney.com and clicking. Join the club onto the next one folks, enjoy the journey.
