Get All Access for $5/mo

How This Professional Skateboarder Built His Passive Income Streams Through Smart Investments Mikey Taylor discusses how to make money after you've reached the peak of your athletic career.

By Peter Voogd

Opinions expressed by Entrepreneur contributors are their own.

Entrepreneur Network partner Peter Voogd talks with Mikey Taylor, a pro skateboarder who branched out into entrepreneurship and real estate.

Taylor talks about learning to maximize your income past a short-lived -- though perhaps temporarily lucrative -- professional athletic routine. He speaks about finding success very young at age 19, and learning how to live on a budget so that you can build passive income over time.

Voogd speaks about many athletes and actors going broke within years of their careers sputtering out. Taylor talks about the need to control your lifestyle so that when money is not constantly coming in, you won't be shocked by a different way of living.

Click on the video to hear more.

Related: Why the People in Your Social Circle Often Define Your Net Worth

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Peter Voogd

Leading Authority for Young Entrepreneurs

Peter Voogd is the author of the best selling book 6 Months to 6 Figures, as well as the founder of The Game Changers Academy. He's a leading authority on Gen y leadership who has trainedand inspired well over 4,500 entrepreneurs with his true story of going from dead broke to a six figure income within six months. His podcasts, videos, websites and social media reaches more than 200,000 people monthly.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Leadership

Why Your AI Strategy Will Fail Without the Right Talent in Place

Using fractional AI experts through specialized platforms allows companies to access top talent cost-effectively, drive innovation and scale agile strategies for growth.

Business News

Here's What the CPI Report Means for Your Wallet, According to JPMorgan and EY Experts

Most experts agree that there will be another rate cut next week.

Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.