In this episode, we get into a deep conversation on how to win at life—a successful life starts by making really good decisions from an early age—and Steven Hainzer did just that. From House Hacking, to Saving while he was young, and have a healthy risk tolerance Steven is nearing financial independence before hitting the age of 35. We dig into Passive Income with Steven Hainzer—and he’s tried a little bit of everything. Tune in to get his take on whether or not passive income truly exists and what he’s learned by leaning into both AirBnB and the S&P500.

Steven is an accomplished retail investor and owns multiple AirBnBs that have been profitable since the beginning. Finally, Steven Hainzer does a tell all of his Amazon FBA experience. In 2023, he bought the Couples Coffee and Fantaswick brands that sell primarily on Amazon for $100k. Almost exactly 1 year later, Amazon shut down his account (Section 3 Deactivation) with no notice. Imagine spending that kind of money to buy a business and then waking up one morning to see that it is just GONE.

This is the story of what happened next and how he fixed the account. But just getting back on Amazon wasn’t enough! He learned that if all your eggs are in the Amazon basket—“You don’t have a business…you have a hobby”. He digs into what he and his wife are doing to diversify away from Amazon.