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.

Franchise Your Business

Schedule a FREE one-on-one session with one of our Franchise Advisors today and we’ll help you start building your franchise organization.
Leading Authority for Young Entrepreneurs
2 min read
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 FireRokuApple TV and the Entrepreneur App available on iOS and Android devices. 

More from Entrepreneur
Our Franchise Advisors will guide you through the entire franchising process, for FREE!
  1. Book a one-on-one session with a Franchise Advisor
  2. Take a survey about your needs & goals
  3. Find your ideal franchise
  4. Learn about that franchise
  5. Meet the franchisor
  6. Receive the best business resources
Make sure you’re covered if an employee gets injured at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business
Whether you want to learn something new, be more productive, or make more money, the Entrepreneur Store has something for everyone:
  • Software
  • Gadgets
  • Online Courses
  • Travel Essentials
  • Housewares
  • Fitness & Health Devices
  • And More

Latest on Entrepreneur