After college, Grussing founded RootSuit — a vendor of skin-tight spandex bodysuits that landed him on "Shark Tank." Next, he created a dealership of motorcycle sidecars sourced from India. Though these endeavors bear little in common other than the impulsive passions of their inventor, each has turned a sizable profit.
At the age of 28, his businesses — and a handful of strategic investments in real estate — had earned Grussing enough passive income to retire, he said. This was a path he seriously considered before realizing that it was the entrepreneurial process that fueled him more so than the financial returns.
Acknowledging that none of his proposed businesses are conventional in any sense of the word, Grussing said his strength lies in creating quick cash flow in tandem with fun and meaningful experiences. "What I specialize in is bootstrapping an idea, turning it into cash, and then adding it to my portfolio," he said.
http://www.businessinsider.com/this...a-new-business-every-week-for-one-year-2014-4
At the age of 28, his businesses — and a handful of strategic investments in real estate — had earned Grussing enough passive income to retire, he said. This was a path he seriously considered before realizing that it was the entrepreneurial process that fueled him more so than the financial returns.
Acknowledging that none of his proposed businesses are conventional in any sense of the word, Grussing said his strength lies in creating quick cash flow in tandem with fun and meaningful experiences. "What I specialize in is bootstrapping an idea, turning it into cash, and then adding it to my portfolio," he said.
http://www.businessinsider.com/this...a-new-business-every-week-for-one-year-2014-4
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
