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That exact strategy is how you turn a side hustle business into a passive income stream. But ultimately, what I’ve been able to do the last few years is find people, invest more in the business and in the systems so that I can grow it,” Copeland said. But now that his portfolio is robust (he owns two buildings one with 44 units and another with 66), he has started to outsource most of the work. At first he did a lot of the heavy lifting. He decided to invest heavily into income generating real estate assets. Frances football coach Biff Poggi will leave the Baltimore Catholic school to rejoin Jim Harbaugh’s staff at the University of Michigan, he said Saturday. “That experience taught me that if I’m going to do something, I don’t need to create something new,” he told Business Insider.
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The app was not a success, but the process taught him a very valuable lesson.
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Related: Is Acorns Worth It? How One Person Saved And Invested Over $50,000 Using The AppĮveryone has a multimillion dollar idea, right? Copeland thought he had one when he launched his own fitness app. Copeland credits Poggi’s mentorship with getting him into finance and giving him the confidence to pursue an investment-banking internship at UBS while playing football at the University of Pennsylvania. It was there he saw a Bloomberg terminal for the first time. And he taught Copeland at an early age about the importance of investing and diversifying his income streams.Ĭopeland worked at Poggi’s office in the summer learning about the stock market. The determination of Biff Poggi has earned nothing but praise and encouragement from the public. But Poggi wasn’t just any football coach, he also happened to be a former investment-fund manager. And it is all thanks to Biff Poggi's passion and dedication to the task, who even invested his own money, about 2.5 million, into the academy to gather all the young talents from across the country. Paving your own way is great, but learning from someone else’s past wins, losses and listening to their life advice will help you supercharge your own financial wellbeing.įor Brandon Copeland, that mentor was his high-school football coach, Biff Poggi. If you’re lucky enough to find a mentor, it can be one of the greatest catapults to wealth and success you will ever find. Biff would round up the votes with his favorite weapons, a broken beer bottle. 3 Key Strategies To Build A Successful Side Hustle Learn From Others Who Have Succeeded 6) The Streets, The Gangs, The Rackets, The Family - Making Money 1910s.