Building an Automated Physical-Product Business that Generates 6-Figures/year in Net Passive Income by Age 25 with Julia Shem (Ep 08)

Learn how product testing, fulfillment, and outsourcing can transform an idea into a business that runs without you. ============================ Get the Monday Minute my weekly email with 3 personal recs for travel, culture, and living beyond borders you can read in 60 seconds. ============================ ON THIS EPISODE Julia Shem tells the story of how she came to the U.S. from Russia alone at age 19 with limited English skills and went from waitress to self-made entrepreneur in just 3 years. Now 25, Julia explains how she has fully-automated her business, Goldy.LA, which sells custom metallic temporary tattoos, so that it nets her over 6 figures in passive income per year while she travels the world. Julia opens up about getting fired as a waitress, then working as a computer programmer in a real estate office in LA, and finally teaching herself how to start her own physical-product business and quickly scale it to full-automation. She gives specific tips on how to develop your business idea, test and verify your minimum viable product, select a manufacturer and fulfillment process, swiftly build your systems and outsource to the right staff. She shares the specific apps, project management software, CRM, and other tools she uses to run her business. She also shares her personal productivity hacks, time management techniques, and stress-reduction practices. Julia talks about how she meditates, maintains a visual inspiration wall in her bedroom, and continually updates her list of top prioritie and goals. She then talks about her lifestyle design and travel experiences, including doing Yoga in the Himalayas, and recommends her top 3 international travel destinations. → Full show notes with direct links to everything discussed are available here. ============================ FIND YOUR NEXT EPISODE Explore The Maverick Show Starter Packs — some of my favorite conversations curated by theme so you can easily find the episodes that match your interests. ============================ FREE RESOURCES FOR YOU See my Top 10 Travel Apps See my Top 10 Books that Shaped the Way I Travel See my 7 Keys For Building A Remote Business (Even in a space that’s not traditionally virtual) Watch my Video Training on Stylish Minimalist Packing so you can join #TeamCarryOn See the Travel Gear I Use and Recommend See How I Produce The Maverick Show Podcast (The equipment, services & vendors I use) ============================ ENJOYING THE SHOW? Follow The Maverick Show on Instagram and DM Matt to continue the conversation Please leave a rating and review — it really helps the show and I read each one personally Support the show by buying me a coffee — espressos help me produce significantly better podcast episodes!