Gas Station Per Child

A story about Saeed Balkhi's unique investment strategy for funding children through passive income from gas stations.

"I did a call with Saeed and he shared what his mentor taught him. His mentor said you don't spend the first derivative money - meaning when cash comes in from your business, you don't spend that money on life expenses. You only spend the second derivative. So if $1 million comes in from your business, that million has to be invested into something, and then the income from that investment is what you get to spend.

He said before having a kid, he bought a gas station. The gas station makes $6,000 a month that pays for the kid. That's how his brain worked - he wouldn't have a child until he had the passive income stream secured first through smart investments like triple net lease gas stations where he just owns the buildings that others operate in and they pay for all the maintenance."

51:00 - 53:13
Full video: 55:46
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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Restaurateur
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