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Mike Hoffmann

@MrPassive_

Aug 6, 2024 • 14 tweets • 3 min read • Read on X

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I found a guy who goes around the US asking 70 to 100-year-olds their:

• Biggest Regrets
• Biggest Lessons
• Advice to their younger self

Oddly enough, most of their answers are the same…

Here are my top 7 (Part 2):

6. This ones from part 1.

But it was just too good not to include.

If you want help starting your Passive Income journey in addition to your
9-to-5...

DM me "Passive" and let's chat. 🥤

I know I said this in part 1…

But notice how they all say what's most important/they regret not prioritizing is:

• Health
• Family time
• Experiences
• Relationships
• Enjoying each day

& they realized money & working hard is not important…

Thankfully, I've realized this at 34.

Which is why I retired from my 9-5 at 30 & now spend my time:

• With my daughters & wife
• Prioritizing health
• Traveling

My biggest fear is having regrets at 70-100 years old.

I'm living my life now so that won't be a problem.

What are you scared of regretting when you're older?

If you enjoyed this & want more content like it...

Follow me @MrPassive_

https://x.com/MrPassive_/status/1777677318611255482

Check out part 1 here:

https://x.com/MrPassive_/status/1777677318611255482

& S/o to @YairBrachiyahu for these amazing interviews!

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More from @MrPassive_

Mike Hoffmann

@MrPassive_

Sep 5

This Ex-Google exec says AI dystopia starts in 2027.

He predicts:

• Jobs vanish overnight
• Power concentrates in few hands
• Most people fall into UBI dependence

The good news?

He broke down EXACTLY how it’ll happen (& how you can protect yourself): 🧵

He calls it the FACE RIPS era.

Freedom, Accountability, Connection, Equality, Reality, Innovation, Power.

All ripped apart.

But there's one thing he doesn't mention: Those building assets NOW won't need to worry.

"Most jobs won't shift, they'll vanish."

Legal assistants, marketers, developers - gone.

Your only protection? Income streams that don't require your presence.

Because assets pay you whether AI exists or not.

Read 11 tweets

Mike Hoffmann

@MrPassive_

Sep 1

You can purchase a micromarket or smart cooler for $0 down, place it in an apartment complex in your city & make $3,000-$22,000/month in passive income.

Here's your exact step-by-step blueprint to do it:

I have 20+ of these smart coolers & micromarkets.

They’re basically modern versions of a vending machine.

They're also a lot bigger...

This means instead of just chips & soda, you can stock:

• Salads
• Smoothies
• Sandwiches

& make a lot more money.

Here’s how:

1. Find a location.

Unattended retail is in high demand right now.

I’ve placed 10+ & have helped countless others place their own.

You want to target locations that have high foot traffic.

Places like:

• Office buildings
• Apartment complexes
• Manufacturing facilities

Read 15 tweets

Mike Hoffmann

@MrPassive_

Aug 25

This Micromarket makes $22,000/month.

The crazy part?

It requires 0 employees.

Even better?

You can start one with $0 down.

Here's exactly how I did it (and how you can too):

1. First, let me explain what a Micromarket is.

I used to think vending was just snacks & sodas.

But Micromarkets changed everything:

• Way bigger than regular vending machines
• Multiple shelves & coolers
• Can stock fresh food, drinks, & essentials
• Completely automated with AI cameras

2. Location is everything.

I found my $17k/month location through cold outreach.

The perfect spot?

A luxury apartment building that:

• Has short-term rental units
• Caters to business travelers
• Gets constant foot traffic 24/7

These travelers expense everything - perfect for high sales.

Read 9 tweets

Mike Hoffmann

@MrPassive_

Aug 22

I just had my 3rd kid.

& while at home taking care of it, my vending machines will still make me $65,000+/month profit.

Here's why vending is the greatest business model for parents:

Every parent faces the same impossible choice:

Miss your kids growing up to build wealth.

Or be present and struggle financially.

I found option 3…

My vending empire runs 24/7 without me.

100+ machines across 4 states.
$65k/month profit.
8 hours of "work" per week.

The rest is family time.

Read 14 tweets

Mike Hoffmann

@MrPassive_

Aug 19

I grew my vending machine business from 0 to 100+ machines in 5 years.

If I had to start over & wanted to do it again…

Here's exactly how I'd do it (Bookmark This):

1. Find a location in my city.

I’d google the following locations within 30 minutes of me:

• Apartment complexes
• College/University campuses
• Businesses with 100+ employees

& make a list of each one's email/phone numbers.

After I make my list, I’d move on to step 2:

2. Call/Email my list.

Ideally, I’ll have a list of 50-100 locations from step 1.

I’d start calling and/or emailing each location.

I’ll simply introduce myself & ask 3 questions:

Read 18 tweets

Mike Hoffmann

@MrPassive_

Aug 18

Passive income will set you financially free.

Yet 99% of people don't know how to start...

Here are the 8 best options for 2025:

1. Laundromats

A timeless passive income business.

Clean clothes are always in demand

• Set up machines
• Automate processes
• Enjoy steady cash flow

2. Ice machines

Place ice vending machines in high-traffic areas and watch the quarters add up.

• Low-maintenance
• Perfect for hot climates
• Great for busy locations