In the early 80s, Tony Neumeyer had to file for bankruptcy at the young age of 20 because of a series of financial missteps.

However, this experience helped Tony learn the hard lessons he needed to learn to launch his next ventures and build wealth and passive income.

In our chat this episode, Tony talks about how he did it, what to avoid, and how to turn your active income into passive income. He also wrote a book, "The 7 Minute Millionaire" that goes into detail on his financial strategies.