In today’s episode of The Art of Passive Income, our newest coach Mimi Schmidt joins Mark and Scott and gives them an in-depth look into her land investing journey.
Mimi was part of customs and border protection for the Dept. of Homeland Security. She managed data analytics teams who looked for weapons of mass destruction, narcotics, and terrorists.
While she found her job interesting it was also very demanding, stressful, and the commutes were grueling… taking valuable time away from her family.
Cue in Mark Podolsky…
Mimi found Mark through the podcasts she listened to during her long commutes and Mark’s method of creating passive income through raw land investing really piqued her interest. So she decided to give land investing a go.
Three years and 9 Bootcamps later, Mimi has officially replaced her income at DHS through land investing and was able to quit her J.O.B. to take on her business full time giving her more freedom and time to spend with her family.
How did she do it with very limited time and all the while trying to prove to her family that it is a legitimate business capable of producing enough income that she needed to leave her job?
One word: GRIT— firmness of mind or spirit: unyielding courage in the face of hardship.
The grit you just can’t give up. You have to set your expectations that you’re going to do this until you are succeeding. ~Mimi
Also, discussed in this episode:
- Mimi’s bold move at her first Bootcamp
- How she bridged the gap between her super-analytical side and her entrepreneurial side
- Mimi’s witches brew of a land investor
- How Mimi utilized her limited time to learn the business
- What she took away from coaching that was monumental in her success
Plus, the guys share stories about Mimi and so much more!
Mimi’s story is an inspirational one that speaks to so many. Part of what has made her successful is that she didn’t use time as an excuse and she never set any artificial time horizons. By taking time out of the success equation, she not only proved to her family but she also proved to herself that with hard work and determination you can do anything, you just have to set your mind to it and don’t give up!
Listen in as Mimi shows us why she is the epitome of grit!
TIP OF THE WEEK
Mark: Read the book, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by William M. Thorndike.
Mimi: For your terms deals, Geekpay is truly the best solution. But for your cash deals, wholesale deals, and for paying your state-side VAs use Facebook Messenger. It’s 100% free!
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?