RG 005 – Building Passive Income for Financial Freedom with Gena Lofton

In case you missed it, here are some of the highlights from our conversation with Gena:

About Gena:

  • Founder of Passive Income Advisors (PIA) http://www.passiveincomeadvisors.com/
  • Author of the book: Escape the Madness – The 10 Steps to Escape the Rat Race Click here for a link to her book.
  • Her company owns of 2,000 units across the U.S.
  • Building one of the largest resorts in Belize in Central America.

Nuts and Bolts:

10 Steps to Escape the Rat Race!!

  1. Establish your ‘why’: Why are you wanting to create financial freedom?
  2. Determining where you are right now financially?
  3. Where do you want to go?
  4. Mapping out the current state of objectives to reach your goals
  5. Overcoming your fears for taking the next steps
  6. Investigate investment opportunities that fit your goals
  7. Begin to educate yourself: Develop your financial IQ
  8. Surround yourself with successful people
  9. Building out your team!
  10. Rinse and repeat: Always buy your assets and let those assets buy your liabilities.

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