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Vlad Kats: 10 Streams Of Income Is Great, Yet Don't Spread Yourself Too Thin

Uncategorized Oct 19, 2020

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Prior to starting a career in real estate and short sale services, Vlad was an Economist with a Federal Government Agency, Small Business Consultant, and an Entrepreneur. Vlad Kats started his real estate business with short sales in 2006 by forming the Atlas Home Group. After that he became Team Leader and eventually General Manager of a few real estate franchises. By his third year, he had over 400 agents, 3000 transactions, making over $1M in profit. Later on, he continued his growth by joining one of the top real estate expansion teams in the United States and increased its' profitability by over 400% in one year. Now he spends his time helping other agents achieve their freedom goals. His goal is to make 80k per month passively so that he and his family can travel the world 6 months at a time and live like kings & queens. Vlad is happily married, raising three kids, traveling, and contributing more than 10 hours per week to causes important to him.

In this episode, hosted by Mike Swenson, we discussed:

How his career got started in real estate short sales, flipping houses, and his background prior to that
How people are in business to achieve a certain level of freedom and how he's fascinated in seeing what entrepreneurs do
For Vlad, freedom means you can do anything, anytime, with anyone, without regard for financials
Freedom for Vlad and his wife is the ability to live anywhere in the world for six months very comfortably
While he has 10 streams of income coming in, he cautions others to make sure they aren't chasing shiny objects just to have a lot of different income streams
Invest the assets that you have
Focusing on growing his current organization and relearning the financial management component of our lives
He believes that you grow into the conversation people have around you
Do not underestimate the power of compounding growth