EPISODE · May 7, 2025 · 17 MIN
How to Transition from Active to Passive Investing While Running a Business with Joe Fairless
from Entrepreneurs on Fire · host John Lee Dumas
Joe Fairless, Co-founder of Ashcroft Capital, manages 2.7B dollars in apt communities, founder of the longest-running daily real estate podcast, and has a mantra live to give. Top 3 Value Bombs 1. The key to successfully shift from active to passive wealth is to leverage partnership. Find the right partners that are doing the things that can help you create and grow your wealth. 2. Rethinking time and money starts with how you value your time as much or more than you value your money. You will then be able to flip the script on your processes and be more focused on passive income. 3. Time is the most precious resource we have and as we are actively building our business, it is important to be mindful of the time we are investing into and to also have something working on the side to help us create passive income while were building the active income. Multifamily Investment Firm - Ashcroft Capital Sponsors Northwest Registered Agent - Protect your privacy, build your brand, and set up your business in just 10 clicks in 10 minutes. Visit NorthwestRegisteredAgent.com/fire and start building something amazing. ThriveTime Show - Become the next success story, schedule a free consultation and request tickets to join Football Star, Tim Tebow and President Trump's Son, Eric Trump at Clay Clark's next business conference today at - ThrivetimeShow.com/eofire.
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How to Transition from Active to Passive Investing While Running a Business with Joe Fairless
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