Quitting Corporate to Build 8+ Streams of Income
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- Опубликовано: 27 июл 2024
- Multiple streams of income are a must if you’re trying to hit financial independence, retire early, and have the luxury of time brought back into your life. While most people simply rely on one stream of income, their W2, others want more than one leg to stand on when it comes to their financial wellbeing. How would you feel if every day you had eight (or more) income streams flowing into your bank account?
Tiffany Grant from Money Talk with Tiff spent over a decade building the income streams that would eventually set her free from the golden handcuffs of corporate life. But, that road wasn’t made easy for her. Tiffany unexpectedly became a teen mom, forcing her to pivot her journey from aspiring chef to community college business student. Thankfully, her natural knack for anything related to money allowed her to advance quickly through college and later the corporate world.
She was making good money, she enjoyed her job, and she was saving almost all of her income. Tiffany knew that her real dream was to own her own business, grow her wealth, and build the life she dreamt of. So, thanks to her smart money management, Tiffany was able to leave corporate, build over eight streams of income with one business, and regain control of her time. If you’re looking to do the same, then definitely don’t skip out on what Tiffany teaches in today’s episode.
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Website: www.moneytalkwitht.com/
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Podcast: www.moneytalkwitht.com/blog
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Follow Along with Mindy’s 2022 Budget:
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How to Build Credit From Scratch:
www.biggerpockets.com/blog/ho...
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Here’s the Key to Financial Independence:
www.biggerpockets.com/blog/ke...
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How to Outsource Your Way to Multiple Streams of Income:
www.biggerpockets.com/blog/ou...
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10 Challenges to Seriously Consider BEFORE Quitting Your Day Job:
www.biggerpockets.com/blog/10...
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Episode 283
Show notes at: www.biggerpockets.com/blog/mo...
0:00 Intro
2:48 Entrepreneurship & Early Pregnancy
9:24 Building Credit and Disputing Claims
18:22 Fighting Lifestyle Creep to Save and Invest More
27:07 Quitting Corporate Twice
35:58 Starting Her Business(es)
43:05 8+ Income Streams from 1 Business
50:03 Investing and Building Wealth
54:18 Famous Four
58:12 Wrapping Up Tiffany's Money Talk
I'm glad someone finally listed Your Money or Your Life as their favorite finance book. It's a great book to start with, contrasting with the Dave Ramsey books.
That book was eye opening for me. I looked at money completely different afterwards!
I'm surprised you kNow her too!!! The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires
Thanks so much I was able to find her page and I already leave her a message.
Lucky to have grandparents to look after kids. This is actually a major contribution to ability to work and study.
I love this lady’s positive attitude even when something bad happens. The way she looks at life challenges, putting in hard work to make changes is what makes her so successful.
Thank you so much! I am glad you enjoyed the episode!
She was giggling the whole time and I was loving it!
I love the story about the person at the bank and how she let that person know how impactful they were. Very nice gesture
She needed to know how much she inspired me to change. Now, every time I go to the bank, she greets me by name!
Low expenses are such a powerful tool. It allows you to take so much more risks to increase your income. Cash Flow is 👑
For sure! That is the name of the game!
@Laura Atwood That is great and yay to dumb luck. We bought in 2012 and it was stupid luck for us as we were not aware of the housing crash 😔. It was perfect timing. Enjoy that peace and freedom.
Love her positive energy and like she said she had a GOOD SUPPORT SYSTEM i quit Corporate America everyday and keep going back smh
I feel like you’re definitely onto something when you surmise that productivity is related to money struggles. The teacher part of me automatically suspects a big part of that boils down to Maslow’s hierarchy. I’d be really interested to read that dissertation!
this was an inspirational story, but the story line was hard to follow, I hoped it would cover a bit more of what she actually did to get where she is now
Lol
Life happens for me not to me. I love your attitude of gratitude. Continue to grow from strength to strength queen!🙌🏾♥️💯
This was very insightful. I also quit the corporate world twice. And now I'm on a journey to make my dreams come true.
Yay for you! Best of luck.
Hi Mindy. The 7 or 8 streams of income come from biblical money principles, which when followed, will give you life in abundance. Look at Ecclesiastes 11 especially verse 2. It’s a bit deja vu! 😂 Thank you for another amazing show. ❤
Can you three please be official hosts together? Y'all had such good chemistry and produced an amazing show. I'm already subscribed but I want to subscribe again.
Great podcast i am 10 minutes from Charlotte Nc. They have a great Culinary school yes.Yes i have had the same issues with credit trying to build credit paying off debts . Then came collections for a bill for Ape dental that did a root canal on the wrong tooth. They refunded only 296 of the bill and then the insurance decided not to pay them . They tried to collect on the bill and they owe me. Now its in collections again which im sure they sold it. Making me sue them because my dentist was vacation and the tooth only needed a filling . He was pissed at the mistake and asked for xrays they only sent partals. The crown is horrid shapped. Now i have to dispute this debt.
So sorry. Go get your 7 x’s the payment. Malpractice.
Oh man! That is crazy! I hope you get justice.
Been binging on your episodes 🙋🏻♀️ newly divorced single parent in bw both employee roles & entrepreneurship & an Airbnb in NC while hustling in FL
Great interview and what an amazing personality and motivation. Thanks for this great interview.
Thank you so much guys. I love your program. Greetings from Guadalajara Jalisco México
I am so grateful for you and this video.
What was the name of the book I can't catch it?
Great video! Thank you for sharing, you are an inspiration! :)
Love your attitude Tiff! God bless you keep helping and growing!
@44:38 7 streams is Biblical:
Ecclesiastes 11:12
“Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.”
Great interview!
Great show!
Thank you! ❤️
Wow! I live in Greensboro NC!
Great episode!
Thank you so much! 🥰
I love your program. Greetings from Sydney Australia.
Great episode.
Great episode. Love the follow up questions from Scott.
Fantastic interview! Thanks !
Thank you! 😊
This was a great interview
Thank you! 🥰🥰
Such an inspirational story! So happy for you. God Bless you and your family.
Great story
Thank you!
She is phenomenal- very well done!
Thank you so much! I am glad you enjoyed the episode!
Hey, great guest, can you explain what she meant by 50% investment in real estate?
Her home value is 50% of her networth
@@moneytalkswithjonathanthom4150 You are absolutely right! My house makes up a big portion of my portfolio but I am working towards making it a smaller piece of a bigger (more diverse) portfolio! 😉
Very inspiring she is truly living her life the way she wants too!
I find it interesting that she doesn’t talk numbers … it would be so helpful for us audience if she revealed more of her numbers. The host kept trying to get it out of her, so how much were you saving, what was your cash position - and she kept replying - I had two months of expenses etc… like seriously lady, numbers would have helped!
Yeah, she just laughed the whole time. So much for her money talk.
Yesssss
I completely understand what the interviewer keeps asking......WHERE ARE YOUR NUMBERS
She dodged the 'money talk' the whole time.
She wanted to be on this show and at fincon. Lol. Self promoter at best
Good episodes! It’s real talk…..This episode is for me. Spend less, invest more.
Great interview, Very insightful and entertaining.
I have a very similar story, except I have three boys. :)
Yes! Keep pushing! 🙌🏾
Positivity!
Medical bill - only in America u get billed 🤦🏿🤦🏿🤦🏿 for a basic need - Healthcare. Thank god I live in Canada
Americans pay far much less for mortgages and utilities so they should afford to top up for health insuranve
SHE IS A RARE GEM. SADLY , THIS WILL NOT BE A REALITY FOR MOST PEOPLE.
Then, we have to ask why not? Because I have learned that it’s not our circumstances, it’s how we react that determines our trajectory.
where are the baby daddies to the 2 kids? she didn't mention them
That's not important for this conversation.
@@Hyriam09 I concur!
Why does it have to be “Daddies”? She more than likely has ONE baby Daddy, and he is irrelevant to this conversation.
Under another comment she said there are 2 fathers. One is incarcerated and the other refuse to pay child support.
It all matters.
Found she was pregnant at 17? You dont just find yourself pregnant at 17. Sheesh
Agreed. It’s glorified too much.
Honest question? Why do some women always want to highlight the fact that they are a “single mom” in these stories? It’s plenty of men who are fathers and “happen to be single” who never mention it in our success journey. Most of these single moms have help from the men they chose to have children with. They are just “single”. Men don’t say I brought a house as a single dad…..
Being a "single mom" myself, I'm happy to give you my two cents on the question above. While I've used and accepted this term for years as it was addressed to me; corporate America tends to look down on women who are single with children; back when my children were small, I'm certain it hurt my career as I was on the fast track to upper management and then there was the "shift". Today, I refer to myself as a women with children (now teens) that happens to be single. And, I do not receive any assistance from the father, but that's another issue. I am here to say that daily, I break that stereotype and long ago stopped looking for value from my employer. I completed an advanced degree, began saving for my children's college, invested in the stock market strategically and have now built up a real estate portfolio valued at $1.5m and generating passive rental income. I've had some rough roads along the way as well, lost both my parents a few years ago, watched my credit suffer tremendously due to credit theft several years back, etc. Each loss was a lesson learned and a reminder to not make the same mistake twice as long as I'm learning from my mistakes. Hope this helps. :) I also believe men who are single with children are held to a different standard than women in the same arrangement; just my opinion. :)
@@tysgem7 this is awesome to hear. Most women break up their homes and choose to be single moms. This is just a fact when you look at who’s filing for divorce and leaving their families. I’m happy for you and your achievements and that’s awesome to hear but again men never say this when we describe ourselves and men aren’t treated fairly as single fathers in the courts and child support issues too. This is also just fact. All that as a huge huge road block and men still never mention they are single dads when they mention their achievements.
Well, you definitely can admit the issues are complex and far from resolution.
@@tysgem7 absolutely. Which is why I decided to go where I’m treated best. Problem solved
Thank you for the question. I’ll give you an honest answer. Being a single mom is important to my story because it’s what drives me. I do not get any help from either of the dads. One only wants to pay $50/month in child support (if they order anything more he quits or gets fired) and the other is incarcerated. I honestly feel that it’s amazing that I was able to go from a teen mom, to completing not one but two degrees, having a successful career, and buying a house without the help of the fathers. And to the other ladies point on this thread and as someone that was formally in HR, in the hiring process single moms are given a harder time because the job assumes that they will call out more or need more time off of work, which is unfortunate. Maybe more men should highlight that they are single dads. I share that part of my story because it’s important and it shows other teen/single moms what is possible because usually it’s an immediate write off to people. Maybe you can be a light for other single dads and we need to hear more of those stories 😊