The Best Way To Keep A Balance In All Areas of Your Life

On this week’s episode of The Art of Passive Income, Mark welcomes bestselling author Jay Papasan to the show.

Jay Papasan is a bestselling author, corporate speaker, and the vice president and executive editor at Keller Williams Realty Inc. He is also co-owner and co-founder of several successful businesses, such as KellerINK, Keller Capital, and, alongside his wife Wendy, Papasan Properties Group in Austin, Texas.

Jay was born and raised in Memphis, Tennessee. After concluding his study at the University of Memphis, he spent several years working abroad in Paris before attending New York University’s graduate writing program.

After graduating he found work at HarperCollins Publishers, where he helped piece together bestselling books such as Body-for-Life by Bill Phillips and Go for the Goal by Mia Hamm.

In 2013 Jay co-authored the bestselling real estate series, The One Thing, with Gary Keller, who is the founder of Keller Williams Realty Inc. His most recent work has debuted at #6 on the Wall Street Journal bestseller list and reached #1 on May 3, 2013. Since then, it has made more than 500 appearances on national bestseller lists and has been translated into 30 languages.

Listen in as they discuss:

Jay’s journey to where he is at now.
Multitasking and balance.
Finding your WHY by understanding what you are fundamentally working for.
Assessing and breaking down your goals.

And, more!

Jay also shares some of the worst advice he has seen or heard given in his area of expertise.

TIP OF THE WEEK

Mark: My tip of the week is actually going to be one of those things, this book is literally going to be transformative, it is the one thing that I always recommend because it’s that transformative, it is the1thing.com.

Jay: I’m going to share the book that I’ve read. It’s a book called Happy Money by Elizabeth Dunn and Dr. Michael Norton. It’s not about building wealth, it’s about if you have a dollar what is the best thing you can do with it that will actually lead to more fulfillment and happiness, and it’s all based on research.

The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by JL Collins is the single-best primer I’ve read that matches my philosophy for how one would use the public markets to build wealth. It explains compounding interest on how we retire on passive income in more detail than I’ve ever read before. Another great book is The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel, it’s mental tricks about money that we can fall prey to or we can take advantage of. It’s deeply-researched, wonderfully written.