Podcasts about generational wealth

In this episode I walk down the stages of wealth. In recent years there has been an influx of information regarding this topic. However people have the thought that generational wealth is simple and automatic in nature. Therefore I believe it is fitting to place it in its proper perspective. Lifestyle • Purpose • Performance • Passion  Self Development is not sold in stores. Sponsored Links: 

Chris has played a pivotal role in expanding Sourced Property to over 200 franchisees, all while maintaining a strong focus on property and profit maximisation.In this discussion, Chris shares his experiences in helping franchisees achieve financial freedom, a goal that deeply resonates with their purpose of securing the future for their children and grandchildren. He also offers a personal touch, reflecting on childhood memories and his family life with wife Bethany and their two boys, Rufus and Nat.Chris underscores the significance of aligning family values with financial goals. He explores the potential of property investment as a tool for family wealth, emphasising the importance of empowering the next generation with financial knowledge and independence.Tune in to this episode for a blend of personal anecdotes and expert advice on building and maintaining family wealth that stands the test of time.  Resources In This Episode:>> Chris Kirkwood [LinkedIn]>> Sourced [Website]>> GoHenry [Website]>> Birmingham Networking Meetup>> Join the Waitlist – WealthBuilders for Families Next Steps On Your Wealth Building Journey:>> Join the WealthBuilders Community>> Join the WealthBuilders Academy>> REGISTER HERE FOR ACCESS TO FREE RESOURCESIf you have been enjoying listening to WealthTalk - Please Leave Us A Review!

Are you wondering how to talk to your family about important matters such as finances, values, and expectations? If so, this episode is for you! Jennifer Lee and Tiffany Grant discuss the powerful concept of writing a "family love letter" as an effective way to bring your family closer and share your wishes with them. Learn about Jennifer's touching story about her father's final conversation after being diagnosed with a brain tumor. Plus, find out how to get started on writing a family love letter easily with Jennifer's step-by-step “mad libs” style guide. Don't miss out! Connect with Jennifer Book Website: squeezethejuicebook.com Main Website: modernwealth.com Connect with Tiffany Website: moneytalkwitht.com Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: @moneytalkwitht LinkedIn: Tiffany Grant Additional Links & Resources Purchase Jennifer Lee's Squeeze The Juice Book  How Generational Wealth Can Really Impact Your Family's Future Success Entreprenuership and Generational Wealth with Russell Fugett Building Generational Wealth Through Investing with Calvin Williams, Jr.

Do you want to explore the tax benefits of hiring your children and paying them? In this episode, Danielle Hayden introduces a strategic framework, addressing legal considerations, task legitimacy, documentation, compliance with state laws, and reasons for reconsideration. Tune in for a tax-smart and opportunity-rich framework.   Topics Discussed:  Intro (0:00) Client Example: Family-Business Balance (1:02) Framework: Evaluate Tax Strategy for Benefits (3:58) Step One: Identify the Legal Structure for the Appropriate Payment Approach (4:42) Money Mindset Mastery Framework (7:31) Step Two: Consider Your Children (8:32) Step Three: Document the Work (9:29) State Laws (11:38) Last Step: Evaluate Why You Might Not Hire Your Children (12:19) Quick Recap (14:13)   For help with your business strategies and more, visit: https://kickstartaccountinginc.com/get-started/ Connect with Danielle: Instagram | @Daniellehayden__OH Instagram | @Kickstartaccounting Website | Kickstart Accounting, Inc. Facebook | Kickstart Accounting, Inc.   Get Started Today: https://kickstartaccountinginc.com/get-started

This Sunday November 26, 2023 Pastor Matt Chewning started a new series called "Dont Stop Believing". Dive in to see how not to handle wealth, and to get a reminder to not forget about God's goodness!

Ever wondered how your diet and genetic makeup shape your overall health? Well, this insightful episode with Sage Workinger, co-founder of 10x Health System, sheds light on this fascinating connection. We journey through Sage's personal health crusade and the birth of her wellness clinic in Naples, Florida, co-founded with her partner Gary. Their mission? To unearth the core of health issues and treat them naturally, rather than just masking the symptoms. Sage brings a fresh viewpoint on the profound influence our diet has on our mental health, and how nourishing our bodies optimally is crucial for a life abundant in wealth and wellbeing.We dive into the effects of genetically modified ingredients and additives in our food. Sage shares some remarkable success stories of people achieving significant health improvements simply by making diet and supplement adjustments, tailored to their specific genetics. We also raise awareness about the harmful ingredients lurking in everyday products, which can trigger serious health issues. It's a wake-up call for us to make conscious choices about what we put in and on our bodies. Finally, we delve into the significant role our genes play in our health. Did you know that gene mutations can lead to health problems? Sage enlightens us on this connection, emphasizing how addressing these mutations can enhance our overall health and wellbeing. As we wrap up, we revisit the strong correlation between health and wealth, highlighting that a productive and successful life is difficult to achieve when our health is compromised. Tune in to this enlightening conversation with Sage Workinger and take a step towards a healthier, wealthier life!Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Thanksgiving Special | Wallstreet Trapper (Trappin Tuesday's)Get your Pen and Pad ready for this one. Tell your Family to pull up a seat and enjoy. We can't create Generational Wealth without "The Generations" in alignment and you cant do it yourself. MASSIVE BLACK FRIDAY SALE ! THIS WEEKEND ONLY!! https://www.optionswithtrap.com/this-weekend-only FAST, SIMPLE & EASY STEPS TO BECOMING A STOCK INVESTOR: https://www.jumpinofftheporch.com/

Just when you think you've seen it all, along comes Stephanie, an angel investor with a heart for minority-owned businesses. Her journey from humble beginnings to financial success is nothing short of inspiring. You'll hear her candid story of overcoming adversity, and how her transformative experience at a trade school supercharged her journey to wealth. Stephanie's story is a testament to the value of determination and a robust mindset on the road to financial independence.Ever thought about dipping your toe into the world of angel investing? Perhaps the myths and misconceptions have kept you at bay. Well, it's time to bust those myths wide open as we, your hosts, share our personal experiences in this vastly underestimated world of investment. From understanding the associated risks to the potential for high returns when investing in businesses during their infancy stages, we navigate the labyrinth together. And yes, anyone can be a part of this, no matter your net worth.But let's not sugarcoat it. Angel investing is not for the faint-hearted. Stephanie's first deal was a $16,000 loss, a stark reminder of the inherent risks in this space. But in true Stephanie style, she turned it into an invaluable lesson about perseverance. You'll learn the importance of networking, discipline, and money management, and be inspired to take your first step towards wealth and personal growth. So, buckle up, and let's go walking on the path to wealth.Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Welcome to Episode #169 Enjoy!!!This weeks topic: What I've leared in the last 6months since turing 50!http://www.ElizabethMagicalGarden.comCheck out the Live show on my youtube channel @Elizabeth magical Garden Podcast https://www.youtube.com/channel/UCjYgzv_ZzEpjHhEJw8I0oOghttps://youtu.be/cdq2-FCbXi8John16My Vlog Channl @Elizabeth Magical Garden: https://youtu.be/2vELQQ_3Tek

Welcome to our riveting conversation with Thomas Bepko, a true testament to perseverance and the transformative power of dedication. Thomas' journey from loan officer to successful real estate broker and investor is a story of grit, resilience, and the will to elevate. As we explore his path, you'll also get to know me, your host, as I reflect on my own experiences growing up in Bridgeport, CT and the struggles I faced along the way. From grappling with school to dealing with early drug and alcohol involvement, my journey to sobriety is a testament to the power of determination.Tune in as we delve into the world of commission-based work. Picture starting from zero income, hustling through long hours, and making a six-figure salary in just a few months. It's a rollercoaster ride that unearths the challenges, mindset shifts, and self-sabotage pitfalls of the mortgage business. You'll hear us discuss the importance of investing wisely, having mentors, and cultivating spiritual gratitude. What if I told you that even in adversity, opportunities for growth and success are always within reach? Our conversation culminates with stories of achieving sobriety, overcoming challenges, and the first step to building wealth. Hear us share our motivations, the role of competition and accountability, and how we maintain sobriety. Let's demystify the journey to wealth, emphasizing the importance of consistency, discipline, and setting goals. This episode is a testament to the power of determination and the ability to overcome obstacles. Join us and set yourself on an enlightening journey to wealth.Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Chike Ozuka is a licensed financial professional who teaches and guides families how to build wealth. He has worked with teens for the past 17 years and is very passionate about generational wealth and building it from the ground up. He is also the author of the book, “The Teen's Guide to WEALTH”, available at www.teensguidetowealth.comConnect with Chike OzukaInstragram:      https://www.instagram.com/chike_ozukaTwitter(X):        https://twitter.com/chike_ozukaYouTube:        https://www.youtube.com/@TheTeensGuidetoWealthPurchase “Black Wall Street” The Board Gamehttps://www.playblackwallstreet.com/maliksfirstjobpodcastGet a GreenLight Debit Card for Your Children:https://share.greenlight.com/96453721Register for Free Online Financial Literacy Courses:https://maliksfirstjob.banzai.org/wellness/collections/teaching-kids-financesPurchase Malik's First Job: Financial Principles for Teens:www.maliksfirstjob.comFollow Malik's First Job on Social Media Facebook:       https://www.facebook.com/maliksfirstjobInstagram:       https://www.instagram.com/maliksfirstjobTwitter:            https://www.twitter.com/maliksfirstjob

In this episode, Luis talks about the year-end strategies that you can implement to lower your tax bill, and set up your finances to start 2024 with a bang!   Notes:   In this episode Luis talks about:   The tax planning strategies he uses with his clients Tax Loss Harvesting How to best maximize your employee benefits Taking advantage of the current high interest rate environment   And more……..   Resources:   ·         Visit On My Way to Wealth ·         Luis' LinkedIN ·         Luis' Twitter ·         Luis' IG ·         On My Way to Wealth YouTube Channel

Hello. Checkout Acorns by clicking the link https://share.acorns.com/m_g.miralrio very educational and useful offer for kids and teaching them money management and financial goal setting skills.Robinhood for its allure and the best experience. https://join.robinhood.com/melissm-a1f05eWeBull https://a.webull.com/NcHtexJQI8Eq5OoJz2Melissa.Purchase a Coffee for MelissaCashapp $yourangelicDonatehttps://www.paypal.com/donate/?hosted_button_id=MFTH2DPSV35F6https://www.paypal.com/donate/?hosted_button_id=A8DWWJ7NVW6YS*If you would like to be a guest on an upcoming show send your request to yourangelickarma@gmail.com and we will get back to you. Thanks! Enjoy!

Whats Up Folk! Welcome to the Podcast this week episode is spicy one! (1) Diddy vs Cassie,Kid Cudi, Male Strippers & possibly Wale? (2) Why do White women genuinely date Black men and do Black men genuinely love White women (3) Should "Generational Wealth" be a standard for relationships? (4) I see why teachers be getting caught up having sex with students, dont be taking them letters to heart

Jerome Maldonado has been a self-employed Entrepreneur ince 1993. Inspired by his parents' dedicated work ethic, Jerome has always had a hunger for success and a willingness to do whatever it took to make his vision for his life a reality. Jerome began his career in direct sales, where he was first introduced to team building, sales techniques, and real estate concepts. After years of hard work with minimal return, Jerome hit success - big time. By his mid-20's Jerome moved from making close to nothing to managing his own six-figure business. In 1997, Jerome began to explore business outside the direct sales arena. In 1998, Jerome pioneered a new construction company which he took to seven figures in less than one year. With much success came the need for expansion. Understanding the simple concepts and benefits of leasing real estate, he purchased multi-use retail and commercial property to house his business. Jerome found the traction and confidence that allowed him to do millions upon millions of dollars in residential and commercial real estate transactions and holdings. Throughout his career, Jerome has founded multiple highly successful businesses. In 2003, Jerome Maldonado founded J. Jacob Realty, LLC., which he is still currently the active Qualifying Broker. J. Jacob Realty, LLC was put into place to complement its sister company J. Jacob Enterprises, Inc, which Jerome Maldonado founded in 2000. He is still the active President and CEO of J. Jacob Enterprises, Inc. and the Qualifying Broker for J. Jacob Realty, LLC. Additionally, he is the founder of several other corporations and an investor and equity owner in several diverse companies and industries. Today, Jerome is excited to bring over 20 years of professional experience to the world's business owners and entrepreneurs. He can't wait to share his knowledge to help other hungry people take their lives to the next level. In this episode, Jerome talks about his journey from networking with residual income and creating a business in real estate, building affordable and attainable housing, and multifamily developments. Get access to actual life knowledge and practical steps you can take to get results and success in creating wealth through real estate in the latest episode of The Results Engine podcast.   Connect with Jerome Maldonado Jerome Maldonado Facebook Instagram YouTube Linkedin   Connect with Mike Szczesniak Instagram LinkedIn YouTube

Have you ever wondered how one person can manifest their dreams into reality while others struggle to break free from their mundane lives? Our guest for today, Andre, an immigrant from Brazil, offers a riveting narrative of his journey that is bound to leave you inspired. He unravels his story of learning English, assimilating into a new culture, and bravely stepping on the path of entrepreneurship, despite the lack of support from his family. His experience is an authentic testament of the law of attraction not just being about dreaming, but setting concrete visions, goals, and taking decisive action.Andre's breakthrough came when he decided to invest in real estate and launch a wholesaling business, all while working in restaurants and attending community colleges. Despite the uncertainty, he remained focused on his 10-year goal. Andre's unwavering belief in the law of attraction and his determination to take action underlines the inspiring narrative of his journey. This episode also emphasizes the significance of relationships and collaborations in scaling one's entrepreneurial journey. Andre shares how he found a business partner and how his relationship with his fiancée provided him with emotional support during challenging times.Transforming dreams into reality requires more than just hard work; it requires the courage to step out of your comfort zone, to make new connections, and to find the right resources. Andre's experience underlines how cultivating relationships and nurturing collaborations can significantly contribute to one's success journey. To make your dreams a reality, join us on this inspiring journey to wealth. Don't forget to subscribe to our newsletter at walktowealth.com and keep up with Andre's journey and many more stories that can inspire your walk to wealth.Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Redefining Generational Wealth and Shaping Your Destiny! Join me, your host QueenBDivine, as she navigate the celestial energies, life's challenges, and the profound influence of astrological insights on our journey to prosperity. I'm not here to talk about traditional wealth, but a wealth that goes beyond the material, a wealth that encompasses the mind, spirit, and the legacy you leave behind. In this episode, QueenBDivine, shares the personal journey, growing up without generational wealth, facing adversity, and finding the strength within to redefine my own path. Delving into the astrological significance of the present times, exploring the transformative power of Scorpio and the karmic lessons associated with Pluto in Aquarius. Redefining Generational Wealth: Join QueenBDivine on a transformative journey beyond traditional wealth. Explore a wealth that transcends material possessions, encompassing the mind, spirit, and the lasting legacy you leave behind. Navigating Celestial Energies: As your host, QueenBDivine guides you through the celestial energies, helping you navigate life's challenges. Uncover the profound influence of astrological insights on your path to prosperity, offering a fresh perspective on shaping your destiny. Embrace the Transformation: QueenBDivine shares her personal journey of overcoming adversity and growing up without generational wealth. Discover the astrological significance of the present times, exploring the transformative power of Scorpio and the karmic lessons linked to Pluto in Aquarius. This episode serves as a reminder that your story is not confined by your circumstances; instead, it's an opportunity to redefine your mindset and actively contribute to the profound shift in generational wealth. This is QueenBDivine, signing off with one love. Live, breathe, and be alive. This episode is a reminder that your story is not defined by the circumstances you were born into. Generational wealth is undergoing a profound shift, and it starts with you. Discover the transformative power within, redefine your mindset, and join the movement towards creating a legacy that goes beyond material wealth.

What if I told you that you could transform an utterly devastating life event into a powerful driving force for success? That's exactly what our guest Austin Glazer did. Raised in Long Island and faced with a life-altering tragedy—the death of his mother—Austin found himself in a series of relocations, leading him to live with his aunt and uncle in Westchester, New York. It was here that he discovered the need for change, a realization that began his journey to wealth and success.Austin's story transcends being a mere testament to resilience, it's a practical guide to overcoming life's toughest obstacles. We follow his path into the world of sales, then onto insurance, and finally, real estate. Listen in as Austin imparts invaluable lessons about recognizing personal strengths and the power of authentic networking, pushing him to stand out and become a top insurance agent in Connecticut. His unorthodox approach to insurance sales has allowed him not just to survive, but thrive, leading him to make some tough decisions including the bold move to establish his own independent insurance brokerage.Towards the end of our conversation, Austin outlines his future plans and how he intends to leave a lasting imprint. From the significance of mentorship, discovering your unique 'zone of genius', to creating an enduring impact, Austin's inspiring story will resonate no matter your industry. In a world that often seems filled with insurmountable challenges, Austin Glazer serves as a beacon of resilience, hard work, and visionary thinking. Tune in, and let his story inspire and guide you to a path of abundance and success.Connect With Austin:Website: www.safeshieldinsuranceusa.comSupport the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Hello familia, in this episode we discuss Generational Wealth as parents. What are you leaving as an inheritance for generations to come? But not just financial, most importantly, Spiritual and Emotional Generational Wealth which will have the highest impact in our children's life. If you're a parent or thinking of having children we hope this inspires and challenges you like it did for us.   Thank you for listening! 

Traditional financial planning focuses on investments, pensions, tax or insurance and aims to optimise the individual components to achieve financial goals. In contrast, holistic financial planning takes a more comprehensive and strategic approach. In this interview with Biznews, Claire Moorhouse, a wealth Manager at Overberg Asset Management outlines the benefits of holistic financial planning and how a personal long-term financial roadmap could be created which incorporates wealth creation, wealth protection and estate planning. Moorhouse says traditionally intergenerational financial planning has been seen as making preparations for when you die, but a more modern approach is to act while they're still here to protect their families and their legacy. She says It is important to be aware of your tax residence status as well as that of your beneficiaries. As many South Africans have externalised their funds, a situs tax could be imposed in the US and the UK on assets located in their jurisdiction. Moorhouse highlights a the possibility that you could be over-insured and reveals that the younger income earners in South Africa are overwhelmingly open about financial planning.

Part II of the conversation, Dr. Joaquin Wallace dives deeper on how the Generational Wealth Model can change your perception of wealth and money for you and your family. The Generational Wealth Model includes seven stages that are continuous throughout your cycle of life. Be sure to click the links for more info on Dr. Joaquin Wallace Amazon: Welfare to Work: A Practitioner;s Perspective on How to Develop and Implement a Successful Welfare to Work ProgramWebsite: drjwallace.com 

Ever felt like you're running in circles, trying to fit into societal molds? What if you decided to break those constraints and embrace a path of personal growth and consciousness elevation? That's exactly what our guest, Catherine, did. Having been raised in an alternative family in the UK, Catherine's unique upbringing instilled in her the spirit of questioning the norm and seeking solace in nurturing her spirit through dance, reading, and exploring nature. Against all societal pressures, she remained loyal to her unconventional perspective, carving a path of self-discovery and success.Laughter, they say, is the best medicine, but little do we realize its power in coping with life's challenges. Catherine's family believed in turning everything into a game, instilling in her a strong sense of humor and an ability to find laughter in the most unlikely places. This helped her navigate the pressures of conformity and allowed her to embrace an open-minded perspective. Through the pandemic, she underwent exponential personal growth, realizing that consciousness is not about politics, but a journey of self-discovery and enlightenment.Catherine's journey to success and independence is a testament to the importance of personal responsibility and self-care. In a world filled with noise and chaos, she emphasizes the need to nurture our bodies, embrace sustainable lifestyles, and understand the wisdom of early saving. Drawing from her personal experiences, Catherine provides compelling anecdotes and thought-provoking insights into living life on one's own terms. So, are you ready for a consciousness elevation? Tune in for an enlightening discussion about personal growth, and how to harness your inner power to live life to the fullest, just like Catherine did.Connect With Catherine:Website: https://yesyounow.todayLinkedIn: https://www.linkedin.com/in/catherine-llewellyn-1695962/YouTube: https://www.youtube.com/channel/UCZsahV4fxE__mBQBbs_v8XQ?view_as=subscriberPodcast: https://truthandtranscendence.buzzsprout.comSupport the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Protecting Your Assets with Life Insurance, Passing on Generational Wealth with  @benifwelo  Life insurance mixed with Real estate investing is the secret formula to generational wealth! How? Tap in for this huge WEALTH BUILDING conversation with Beni Fwelo, real estate investor. Protecting Your Assets with Life Insurance, Passing on Generational Wealth Become a member to get access to perks: https://www.youtube.com/channel/UC_Cooszw61dODljoOu4ctyg/join Learn how to monetize your social media platforms by joining other content creators every Tuesday in our Creators' Community! https://www.quiyspeaks.com/community #lifeinsurance #realestateinvesting #generationalwealth

Today's guest is Dave Foster.   Dave is a 1031 Exchange Expert, a degreed accountant, and serial real estate investor. He is also a Qualified Intermediary and consultant who shares his tax saving strategies with investors like you who want to maximize their returns.    Show summary:  In this episode of "How to Scale Commercial Real Estate", host Sam interviews Dave Foster, a 1031 exchange expert. Dave shares his personal experience of using 1031 exchanges to fund his lifestyle, including living on a sailboat for ten years. He explains the four D's of 1031 investing and how they can be used to recession-proof a portfolio.   -------------------------------------------------------------- Intro (00:02:41)   Using 1031 Exchange to Fund Lifestyle (00:04:40)   Nuances of Converting 1031 Property into Primary Residence (00:06:31)   The first d: Defer (00:11:26)   The second d: Diversify (00:12:20)   The third d: Die (00:15:16)   The 37 part YouTube series (00:24:09)   Ways to contact and talk to us directly (00:24:09)   Subscribe and leave a review (00:24:23) -------------------------------------------------------------- Connect with Dave:  Twitter: https://twitter.com/DaveFoster1031   Instagram: https://www.instagram.com/davefoster1031/   Facebook: https://www.facebook.com/DaveFoster1031   Facebook: https://www.facebook.com/the1031investor   LinkedIn: https://www.linkedin.com/in/davefoster1031/   YouTube: https://www.youtube.com/c/The1031Investor   BiggerPockets: https://www.biggerpockets.com/users/davefoster1031   Website: https://www.the1031investor.com/   Book: https://a.co/d/f6rKKzc   Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com   SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Dave Foster (00:00:00) - But what people don't realize is that it is perfectly fine to periodically convert a 1031 property that has a large amount of deferred tax into your primary residence. And prior to 2008, when you did that and you lived in it the requisite amount of time, you were able to take the entire amount of the primary residence exemption tax free.   Sam Wilson (00:00:31) - Welcome to the how to Scale Commercial Real Estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Dave Foster is a 1031 exchange expert. He's also a qualified intermediary and consultant who shares his tax saving strategies with investors like you, who want to be in to maximize their returns. Dave, welcome to the show.   Dave Foster (00:00:57) - Sam, it's great to be here again. It's been a while since we got together, man.   Sam Wilson (00:01:03) - It's been since March 16th, 2021 that you've been here on the show. So it's I'm glad glad to have you back on the show today. But maybe for our listeners who haven't gone back to March 16th two and a half years ago and listen to that first episode, there are three questions I ask every guest who comes on the show, so if you don't mind answering them yet again in 90s or less, tell me, where did you start? Where are you now and how did you get there?   Dave Foster (00:01:28) - I started with a huge tax bill from the IRS because my other name is ready.   Dave Foster (00:01:34) - Fire firing. Dave and I bought a duplex in Denver. Fixed it up, sold it. And didn't realize that the 1031 was even allowed. And so ended up paying a huge tax bill. You want to know how that thing still haunts me to this day? Sure. Is that the tax bill would have been about $30,000.30 years ago if I made 10% on my money. For 30 years. What would that look like in my checking account?   Sam Wilson (00:02:05) - I'm going to say 1.2 million. I have no idea.   Dave Foster (00:02:08) - What is it? I refuse to think about it because I want to. It would have been a lot. So that was where I got started, was I discovered that we were going to be able to get to our family's goals quicker by using the tax deferred power of the 1031 exchange. And so that was how we got there. Ten years into that thing, we were able to buy a 53 foot sailboat and move our children on it and raise four boys on a sailboat with tax free dollars from 1031 exchanges.   Dave Foster (00:02:41) - And where I am then, now, today is continuing to reap that and helping other people learn how to do it as well.   Sam Wilson (00:02:49) - So you lived on a 53 foot sailboat? For how long?   Dave Foster (00:02:55) - Ten years.   Sam Wilson (00:02:56) - Wow.   Dave Foster (00:02:57) - Yeah. We raised our four boys on it.   Sam Wilson (00:02:59) - Did you sail around the world?   Dave Foster (00:03:01) - We did not go around the world. But there is so much to see. 50 yards offshore we went. We can find ourselves to Florida. The keys to the Gulf of Mexico and the bombs. And never got to see even a fraction of them. I'm sure there's so much out there.   Sam Wilson (00:03:19) - I'm absolutely sure that that sounds amazing. So would you say that you're a good sailor?   Dave Foster (00:03:26) - Huh? Okay, there is a truism here. Learning to sail is just like learning to golf. It's easy to learn. It's impossible to master.   Sam Wilson (00:03:39) - And now you know why I don't play golf? That. That's a difficult, difficult game. And I imagine sailing is the same. That's not nothing I've ever tried my hand at, but anytime I see it, even on YouTube videos or otherwise, I go, wow, there, looks like there's a lot to know there.   Dave Foster (00:03:56) - Oh, you know what? You're only seeing the final take, right? Right. You're not seeing the 20 takes before that, because it is so true that any docking you walk away from is a great docking. It's a.   Sam Wilson (00:04:09) - Great docking.   Sam Wilson (00:04:12) - Note to self, if I ever decide to live on a sailboat, I'm. I'm going to come calling to you and say, Dave, show me, show me how to do it. You mentioned that while you lived on that sailboat, you use the 1031 exchange to fund that lifestyle. That doesn't make any sense to me. Tell me why I'm wrong. Because in my mind, you take 1031 money and you just roll it over indefinitely. How were you reaping proceeds from 1031 exchanges tax free?   Dave Foster (00:04:40) - Yeah, a couple different ways. That's a great question, because it's one of the most powerful parts of the tax code that nobody knows. So the first one is you want to think about the 1031 exchange as a way to compound your investment capital, because you're getting to reinvest not just your sales proceeds minus tax.   Dave Foster (00:05:02) - You're also getting to. Reinvest for your benefit. The tax dollars you get to defer. So just like in my example, if instead of paying the government $30,000, I get to reinvest that $30,000 at 10%, it's going to double every seven years. And that money that is used to purchase cash flow real estate. And that's always been where my heart is, is to position myself into assets that throw off cash on a regular basis, because then they're doing the work and I'm not. So we had taken our journey from Colorado to Connecticut to Florida, using the 1031 exchange into a fleet of vacation rental properties. And while we were on the boat, those vacation rental properties generated the income for us. Right. So that's the that's the first and easiest way. The reason why the boat was tax free was because we utilized this crossover between section 1031, which is deferral of the tax on investment property, and section 121, which is the sale of your primary residence. Now, when you sell your primary residence, if you've lived in it for two out of the five years prior to sale, you get to take as a couple the first $500,000 right? Profit tax free.   Dave Foster (00:06:31) - And you can do that once every two years. But what people don't realize is that it is perfectly fine to periodically convert a 1031 property that has a large amount of deferred tax into your primary residence. And prior to 2008, when you did that and you lived in it the requisite amount of time, you were able to take the entire amount of the primary residence exemption tax free. So we did that a couple of times in Colorado before we got to Connecticut. And then in Connecticut, we converted a rental property into our primary residence. We came to Florida, did the same thing, and each time we sold, then it was tax free. And that money went to buy the boat. So that's how we got the boat tax free. And then lived our lifestyle of my private clients and the vacation rentals.   Sam Wilson (00:07:34) - So let me just restate what you've said and see if it makes sense to. It just tell me where I'm where I'm getting this wrong. You're rolling over these 1031 properties. You already own one of them.   Sam Wilson (00:07:48) - Say it's a rental property. And you say, all right, I'm going to move into that now. And that's going to become my primary residence. And then two years after living in that primary residence, you say, Bagot, we're going to sell it and head south. You sell that primary residence, and now let's say you've made the maximum amount good for you. You made $500,000. You put that in your pocket tax free now able to go and spend it. And that's it's almost it's almost a a back door exit of a 1031.   Dave Foster (00:08:21) - That's exactly right. Let me tell you the story of a client of mine down on Saint Pete Beach who used 1031 exchange to buy three identical, mean, almost literally identical beachfront condos on the same floor of the same building. And that he retired. And after a period of time he moved into the first one. Now the rules have changed since 2008. You now only get to prorate the game, but as soon as he had lived in that, so that he did for five years, he had lived in it for three years.   Dave Foster (00:09:00) - And then he'd rented it for two years. So we moved into it and lived here for three more years. And then when he sold it, he got to take 60%, 3/5 of the game tax free. He paid tax on the rest of the game. I said, you okay with that? You said, dude, if I was bagging groceries, I'd be paying tax this way. Just go out to my back deck and drink coffee. But where did he move? Next door.   Sam Wilson (00:09:28) - Next door.   Dave Foster (00:09:31) - And now. So the proration is what's powerful because you have to owned the property for five years, but then it's based on how much you've lived in it. So let's say he rents it for two years and losing it for eight, he would get 8/10 80% of the gain tax rate. And then words, you get a move. Enter the next one. Now, you said the great way to do that.   Sam Wilson (00:09:57) - Great way to do it. I love I love the unique strategy. It takes a little bit.   Sam Wilson (00:10:01) - It takes a lot of patience and some planning, I think, to pull something off like that. But you had mentioned the rules have changed since 2008. What are the nuances since zero eight maybe to that and if you've already set them and I just missed them, forgive me.   Dave Foster (00:10:14) - Yeah. Well you used to be able to get the whole game tax free. Got it. Okay. You have to prorate it. That's really the big difference.   Sam Wilson (00:10:20) - That's that's the that's the key. So of the you have to have owned it for at least five years. And only you can prorate the number of years that you actually physically lived in that space.   Dave Foster (00:10:32) - Precisely. Yep. But still, what a great opportunity as you get towards the end. Right. And you're trying to slow down, go more passive.   Sam Wilson (00:10:41) - That's fantastic I love that. Okay. Hey, you went into some nuance and some detail there. I didn't I didn't actually expect and that's kind of what I was hoping for because I think a lot of our investors and listeners understand high level.   Sam Wilson (00:10:56) - 1031 okay. Like maybe it's maybe it's the maybe, you know, whatever the value has to be less or you're buying a bigger property. You, you know, use an intermediary. There's there's all those basic steps to it, I think that a lot of us get. But when you get into things like what you just mentioned, man, that's really powerful. And I had no idea about stuff like that.   Dave Foster (00:11:14) - Right. Well, you want to take a real quick test. Let's see how you do.   Sam Wilson (00:11:18) - Let's see how I do. More than likely now I suddenly retract everything I said about high level understanding, because I think I'm about to get an F.   Dave Foster (00:11:26) - Oh, no, no, you're gonna do awesome on this test. This is a test on what the four D's of 1031 investing are. Now, I'll give you the first one. The first. Steve. 1031 investing is defer. Right? Because anytime you defer, you're starting to calm down your profits. Well, that by itself is the eighth wonder of the world.   Dave Foster (00:11:49) - But you can 1031 exchange anywhere in the country, from any type of real estate to any type of real estate. So if you're going to sell a piece of real estate, no matter where you want to go or what you want to invest in. You do the 1031 and defer. Sure. What do you think the second deal would be?   Sam Wilson (00:12:09) - Defer.   Dave Foster (00:12:10) - Defer.   Sam Wilson (00:12:11) - Uh. Shoot. Defer.   Dave Foster (00:12:15) - I'll give you a hint. Okay. It's deferred.   Sam Wilson (00:12:17) - Oh, okay.   Dave Foster (00:12:20) - Because the 1031 allows you to capture wherever you're adding a real estate cycle. And we may talk about this a little bit in just a minute, but the idea is that real estate cycles cannot be predicted, but they still always follow the same pattern. Appreciation is high and then appreciation stagnates and some other area starts to come on. Think about all those poor people in San Francisco Bay that sold those massively appreciated properties in Silicon Valley, and when invested in the cheap hill country of Texas around Austin, just because they wanted to hang out with you on, they went from an area of high appreciation to a high cash flow.   Dave Foster (00:13:06) - And now, of course, that appreciation has taken off. So everybody in 1031 world is always looking for where the next place is. That isn't yet. So that's the second deed. All right. What do you think the third D is?   Sam Wilson (00:13:24) - I'm going to say defer.   Dave Foster (00:13:26) - Yes. C you're all over this man. And the reason why is that it doesn't just accommodate your movement within a real estate cycle. It accommodates your movement throughout your life cycle as a real estate investor. You could do what are called diversification exchanges, where you sell one and you buy multiple properties to capture maybe your energy level and wanted to force appreciation to get better cash flow on cheaper properties as you start to mature and get tired. You can sell several and consolidate them when you want to start moving into more passive investments. Larger multifamily, triple net commercial, all those types of things where your effort is less. You could also take the opportunity, like we discussed a minute ago, to convert them periodically to your primary residence so that you're capturing turning some of that tax free.   Dave Foster (00:14:31) - And what about moving your portfolio from Ohio to Sarasota, if that's where you want to retire and you want your rentals in your backyard? So that's the third D is it accommodates your life cycle. Okay. For the win. What's the fourth deed.   Sam Wilson (00:14:50) - Dave.   Sam Wilson (00:14:52) - Dave Foster the 1031.   Dave Foster (00:14:55) - Guy answer but you like it. So I'm an experienced the injury of telling you that it's not defer. And unfortunately it's not Dave either. Have no idea. Which is not my favorite answer. But we're all have that way, right?   Sam Wilson (00:15:13) - None of us get out of here alive, right?   Dave Foster (00:15:16) - But here's what happens to your assets when you pass away. Your heirs inherit them and what is called a stepped up basis. So they inherit them as if they paid market value for them on the day you die. So throughout your life, you defer, you defer, you defer. And there's all this deferred tax. When you die, it disappears. You don't pay it. Your estate doesn't pay it. Your heirs get the property tax free.   Dave Foster (00:15:53) - And then they get to start the process over again. It's the greatest generational wealth building opportunity that's out there. Unfortunately, you and I have to die to give it away.   Sam Wilson (00:16:04) - And die to give.   Sam Wilson (00:16:05) - It away. Yeah. You don't get to take it with you. Uh, I think that's a blessing too, though. But no, you think you're right. That's that is. That's amazing. I didn't realize that. There at the end, the stepped up basis.   Dave Foster (00:16:20) - Yeah, I've literally got one family that are now on their third generation investment from Connecticut. The grandfather started doing exchanges with us, and he passed away a few years into it, and his son inherited all of the properties. Don't tax tax free. But then a couple of years later, guess what he was starting to do is up to 31 exchanges. Because those properties it started to appreciate. And then we passed away a couple of years ago. His properties went to his children. And now throughout this boom, they too have started to appreciate and they are now doing their own two, three, one changes.   Dave Foster (00:17:03) - Can you imagine how much tax that is that is come down to them? It's in their pockets tax free.   Sam Wilson (00:17:11) - That's that's incredibly powerful. So what about properties where people borrow money, say you're doing a fix and flip or say that whatever it is, you borrow money in order to improve the property. Let's call it $1 million, and you put in a quarter million dollars in renovations. Then you sell it for 1.5. Let's I mean, I'm just making up numbers. Whatever they are doesn't matter. But how do you and then you owe that money back, obviously, to the people you borrowed money from when that property closes. You're only paying tax, of course on the gain that 250 gain.   Dave Foster (00:17:45) - Yeah, that's exactly right. So the way the IRS accounts for that is that they tell you that if you want to do for all tax, you need to do two things. You need to purchase at least as much real estate as you sold. So in our example that would be the 1.5, right.   Dave Foster (00:18:02) - Secondly, you need to use all of your proceeds from a sale to do that. So you know let's say you borrowed. 750 to buy it, right? Plus the 250 to renovate it. So there's a million, right. So you sold it for $1.52 million. It gets paid back, and you're left with 500,000 in cash and the need to buy at least 1.5 degrees right now, if you want to grow up in size, that's no problem at all, isn't it? You can find a big asset. What if you want to get more when you take those proceeds and you allocate them into down payments on multiple properties? Okay, $250, a couple of different properties or whatever it is that you want to do, and that's how powerful that can be, because the IRS doesn't care how you allocate, as long as at the end of the day, you've purchased at least as much as you sold, and you've used all the proceeds to do it. Now, here's an incredible hack to recession proof your portfolio using this exact principle.   Dave Foster (00:19:14) - Let's say you've got a property for you're selling for 500,000 and there's 200,000 in debt. You sell the property, you've got $300,000 in cash. You could take 250,000, let's say, and go buy the $250,000 property for cash. Right. Take the other 50,000 and go buy the $250,000 property. Using that as a down payment. So you sold what you bought to. But some magical things happen. First of all, you want an asset that's free and clear so you don't have to worry about just keeping the lights on. It's free of mortgage risk. It's free of being taken from you. If the market downturns or whatever, but also all of that equity is trapped in it. So that like right now when we're in 7% interest rate world, you don't have to worry about paying interest while you wait for your next project. Let's say a couple of years from now, interest rates are back down to 3%. You slap a refinance on that. Pull out the bulk of that two hour 50,000. And then go use that to buy your next acquisition target.   Dave Foster (00:20:36) - But meanwhile, it hasn't been costing you anything, but you were still able to defer all the tax of a gain because you use the other 50,000 and used it as leverage to go buy your second property. That's a pretty neat way.   Sam Wilson (00:20:52) - Yeah. That's awesome. That's one thing I didn't realize as well is that you can split those down payments on several properties. Do those. Is there any regulation around? All of those properties being owned inside the same entity or the same name, or does it not matter?   Dave Foster (00:21:14) - Yeah. Actually does. And that's just one of the basic rules of 1031 is that the taxpayer for the property that's being sold has to be the taxpayer for the properties that are purchased. Now, any taxpayer entity could do it to 31 exchange, but it's whatever tax return reports that. Now a lot of people love to practice liability, you know, reduction of that kind of thing. So they like to own their properties at LLCs and at certain state series LLCs where there's a parent LLC that does all its own tax return, and they had children and child LLCs that don't.   Dave Foster (00:21:55) - Those are very common. As long as those children LLCs don't bother no tax return, they're going to be reported on the tax return of the parent LLC and the IRS world. That's the same taxpayer because it's that tax return. So you could sell the one. Buy a property in Dayton, Ohio, free and clear under water, and Ohio LLC and co buy an Alabama property using. Leverage using an Alabama LLC. Both of which are owned by the parent LLC. So plenty of ways to practice liability deferral as well.   Sam Wilson (00:22:37) - Right.   Sam Wilson (00:22:37) - Yeah. That makes that makes a lot of sense. Very, very cool Dave. It's been a pleasure having you come back on the show today. You always give some insightful nuances to the 1031 exchange. I know that you've recently put out a book. Before we sign off here, can you tell our listeners about that book and the best way to get a copy of it?   Dave Foster (00:22:58) - Yeah, it's right out there on Amazon. It's called Lifetime Tax Free Wealth A Real Estate Investors Guide to the exchange.   Dave Foster (00:23:06) - And I love how you catch this. Early on in the show where you talked about the rules and the do's and don'ts. I thought that's what I was writing. But at the end of when looked at when, you know, this is really more of a roadmap for how to strategically reach your life goals using the government's tax dollars. So it's really more strategy and designed to fit your desires than it is just by the numbers one, two, three kind of thing. That kind of fun. We do a lot of case studies in it. People like I was just talking about my story, several others. Because think out there, there's always a way to do this. There's always a way to do it using the government's dollars. And I guarantee you that'll be faster.   Sam Wilson (00:23:55) - I love.   Sam Wilson (00:23:55) - It. Dave, thank you again for coming on the show today. We know how to get your book. Outside of that, what is the best way for our listeners to get in touch with you or your company and learn more about you?   Dave Foster (00:24:05) - Stop by the 1031 investor.com.   Dave Foster (00:24:09) - I've got a 37 part YouTube series talking about all these kinds of things. We've got calculators. We've got ways to contact and talk to us directly, and we get bored if we don't have people visit.   Sam Wilson (00:24:22) - So that's.   Sam Wilson (00:24:23) - Fantastic. The 1031 investor.com. Dave, thank you again for your time today. Certainly appreciate it. Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.    

Ever struggled with understanding finance? Join us alongside Tristan, a financial savant who's journeyed through remarkable global experiences that have shaped his perspective on finance, money, and personal growth. With origins in a home where money was no taboo, Tristan takes us on an international voyage from France to Jordan, the Netherlands, the UK, and finally Spain, illuminating the lessons he's learned along the way about wealth and the importance of overcoming fear of finance. Imagine yourself embarking on a pursuit of Wall Street dreams, from France to London, only to encounter low points that challenge your belief in your own success. That's Tristan's story, and he's here to inspire you with the grit and resilience that propelled him through these trials and into business school, eventually culminating in a successful career in corporate finance and FinTech. Not only does Tristan provide insight into his journey, he also unwraps the practical aspects of his work in FinTech, sharing kernels of wisdom on how anyone can enhance their relationship with money.But that's not all! We go deeper into personal finance strategies that underscore the significance of knowing your income and expenses, and the power of focusing on growing your income rather than just saving small amounts. Tristan emphasizes on understanding wealth-building and the importance of maintaining humility. What's the best part? You'll walk away from this episode armed with actionable steps to accelerate your path to financial freedom! So buckle up and let's embark on this walk to wealth with Tristan!Connect With Tristan:Website: www.fintechreview.netFacebook: https://www.facebook.com/fintechreviewnetTwitter: https://twitter.com/fintech_reviewLinkedIn: https://www.linkedin.com/in/tristanpelloux/Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Welcome to Episode 60!  Join us for a special 2023 kickoff with our expert guest on generational wealth - Portia Wood.  Portia provides essential tips for parents to discuss asset evolution. She also emphasizes transparent communication to pass on financial wisdom to younger generations.  Subscribe now to build a lasting family financial legacy!Support the showConnect with Leahcim and KB on the Entrepreneurhood Instagram or on their personal pages. @TheEntrepreneurhood@KBthetrainer@Leahcimjamescoaching

  How This Aussie Grew Generational Wealth Through Property Investing

What if you had the secret to unlocking the true value of credit card bonuses without falling into the trap of overspending? That's exactly what I, your host John Mendez, will explore in this episode of Walk to Wealth. I'll share with you my personal credit journey, the allure of the Chase Inc Cash Card's $750 cash back offer, and the reality of trying to chase these tantalizing bonuses. You'll hear about my own mistakes, the lessons I've learnt, and the stark truth about the ease of overspending in this credit game.I'll tackle the importance of aligning your monthly spending with a card's requirements before taking the plunge and the potential pitfalls of getting too many cards too soon. But it's not all doom and gloom, in the next episode, I'll show you how to make the most of Marriott Platinum Elite status. So, if you're looking to understand the genuine cost of credit card bonuses and how to use them wisely, this episode is for you. Get ready to journey through the enticing but risky world of credit card bonuses.Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Welcome to a Financial Planning Podcast with a down to earth vibe Sasquatch listens while raking the leaves, this is Through the Pines… On this episode we cover BUILDING GENERATIONAL WEALTH   What is Generational Wealth? What are some challenges to building generational wealth? What are three ways to build generational wealth? How to build your generational wealth team?   We cover these topics on this episode of Through The Pines - Building Generational Wealth!   Our Advisors for this episode is planwithbaxter.com   Forbes Best in State Wealth Management Teams For Utah - Advisor Hub Fastest Growing Advisors to Watch under 1 Billion - Receivers of the Ameriprise Client Experience Award -   Financial Advisors: Baxter, Smith & Associates Contact: rex.m.baxter@ampf.com Website: https://www.ameripriseadvisors.com/team/baxter-nelsen-associates/   Find value in this podcast, consider supporting us here: https://www.buymeacoffee.com/banyanmedia   LIKE our Facebook Page: https://www.facebook.com/pinespodcast Follow our Instagram: https://www.instagram.com/pines_podcast/   Through the Pines  -  Reminding you to use Yesterday's Dollars to Finance Tomorrow's Dreams.   ****   This episode includes financial advice from professionals. Visit the financial planners in this podcast at www.planwithbaxter.com The Banyan Collective & Host, R. Brandon Long are not the financial professionals - podcast pro's, maybe - money men, not so much.   Through the Pines Podcast Copyright, The Banyan Collective - 2023

WANT THE FULL EPISODE? Check out Ep.114 I Jeremy Delk I Deciding to Use Wealth for Wisdom: Crafting Intentional Experiences, Memories, and Opportunities, or download it directly using this link.Jeremy joins Sanger and Shawn to discuss putting purpose to your family's wealth that goes beyond material possessions. KEY TOPICS How to transfer wealth and wisdom to your children.Why Jeremy thinks it's unnecessary to have a plan (and our perspective on that).Finding and acting out your wealth's highest purpose.How your wealth is more than the material things bought. CONNECT WITH USwww.decidedlypodcast.com Join us on Instagram: @decidedlypodcast Join us on FacebookShawn's Instagram: @shawn_d_smith Sanger's Instagram: @sangersmith MAKING A FINANCIAL DECISION?At Decidedly Wealth Management, we focus on decision-making as the foundational element of family business in our effort transform wealth to significance. SUBSCRIBE TO OUR WEEKLY DECISION-MAKING TIP EMAIL Join us every Wednesday for more strategies to defeat bad decision-making in your family business.MENTIONED IN THIS EPISODEDie with Zero by Bill Perkins CONNECT WITH JEREMY DELKWebsite: https://jeremydelk.com/ Articles: https://jeremydelk.com/media/ Without a Plan: A Memoir of Unbound Action and Failing My Way to Success: https://jeremydelk.com/book/ Instagram: @jeremysdelk LinkedIn: https://www.linkedin.com/in/jeremy-delk-82a57a37/ YouTube: https://www.youtube.com/channel/UCgdwtuEBA73-lQh8o_dzeow Jeremy Delk is a serial entrepreneur known for his disruptive spirit and unconventional approach to life. His journey began as a day trader at just sixteen, learning and failing with each trade. After briefly amassing a significant fortune, he experienced a rapid downturn, losing it all in a matter of days. Undeterred, he ventured into the real estate market and crossed paths with a key contact at Fidelity, eventually landing a job as one of their youngest brokers. Despite financial success, his entrepreneurial drive led him to create Delk Enterprises. Starting modestly with $6,000 in its inaugural year, the company has since evolved into a diversified VC fund with investments spanning biotech, healthcare, consumer brands, technology, building materials, and real estate development, cementing Jeremy's reputation as a savvy entrepreneur with a knack for building and exiting successful ventures.

Welcome to a Financial Planning Podcast with a down to earth vibe Sasquatch listens while raking the leaves, this is Through the Pines… On this episode we cover BUILDING GENERATIONAL WEALTH   What is Generational Wealth? What are some challenges to building generational wealth? What are three ways to build generational wealth? How to build your generational wealth team?   We cover these topics on this episode of Through The Pines - Building Generational Wealth!   Our Advisors for this episode is planwithbaxter.com   Forbes Best in State Wealth Management Teams For Utah - Advisor Hub Fastest Growing Advisors to Watch under 1 Billion - Receivers of the Ameriprise Client Experience Award -   Financial Advisors: Baxter, Smith & Associates Contact: rex.m.baxter@ampf.com Website: https://www.ameripriseadvisors.com/team/baxter-nelsen-associates/   Find value in this podcast, consider supporting us here: https://www.buymeacoffee.com/banyanmedia   LIKE our Facebook Page: https://www.facebook.com/pinespodcast Follow our Instagram: https://www.instagram.com/pines_podcast/   Through the Pines  -  Reminding you to use Yesterday's Dollars to Finance Tomorrow's Dreams.   ****   This episode includes financial advice from professionals. Visit the financial planners in this podcast at www.planwithbaxter.com The Banyan Collective & Host, R. Brandon Long are not the financial professionals - podcast pro's, maybe - money men, not so much.   Through the Pines Podcast Copyright, The Banyan Collective - 2023

Have you ever wondered how a pastor's son, laden with substantial debt, transformed his life into a successful journey to wealth? Buckle up as we welcome Mr. Finance Cowboy to our latest episode of Walk to Wealth. He takes us through his humble beginnings, a roller coaster ride filled with trials and tribulations, and how he, along with his wife, carved their path to financial freedom while juggling a mountain of debt.As a guest who wears many hats, Mr. Finance Cowboy is a real estate maestro, a serial entrepreneur, and a resilience coach, all rolled into one dynamic package. In our stimulating chat, he shines the spotlight on his love affair with residential real estate investing, breaking down his strategies for success, from market selection, lead generation, analysis, financing, to property management. He also spills the beans on his unique approach to identifying residential real estate assets that suit his goals, a vital takeaway for anyone looking to make a mark in the world of real estate. But that's not all; our conversation also promises to unlock the mindset required to achieve success. From overcoming the fear of success to setting up systems for efficient management, Mr. Finance Cowboy shares his pearls of wisdom. His entrepreneurial journey, punctuated with failures, side gigs, and resilience, serves as an invaluable lesson for our listeners. And if you're ready to embark on your journey to wealth, he's got some handy advice on budgeting, debt management, and investment techniques to kickstart your journey. So tune in and get ready for a walk to wealth with Mr. Finance Cowboy!Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

The Generational Wealth Model is discussed in its entirety by Dr. Joaquin Wallace. With over 20+ years of coaching while leaving footprints along the way, Dr. Wallace will discuss all seven stages and how they are lifelong processes to generational wealth. Be sure to click the links to  connect with Dr. Wallace! Amazon: Welfare to Work: A Practitioner;s Perspective on How to Develop and Implement a Successful Welfare to Work ProgramWebsite: drjwallace.com 

Jeremy joins Sanger and Shawn to discuss putting purpose to your family's wealth that goes beyond material possessions. KEY TOPICS How to transfer wealth and wisdom to your children.Why Jeremy thinks it's unnecessary to have a plan (and our perspective on that).Finding and acting out your wealth's highest purpose.How your wealth is more than the material things bought.DON'T HAVE TIME FOR THE FULL EPISODE? Check out the 14-minute highlight episode, Ep.114 HIGHLIGHT I Reasons to invest in meaningful experiences. Download it directly using this link. CONNECT WITH USwww.decidedlypodcast.com Join us on Instagram: @decidedlypodcast Join us on FacebookShawn's Instagram: @shawn_d_smith Sanger's Instagram: @sangersmith MAKING A FINANCIAL DECISION?At Decidedly Wealth Management, we focus on decision-making as the foundational element of family business in our effort transform wealth to significance. SUBSCRIBE TO OUR WEEKLY DECISION-MAKING TIP EMAIL Join us every Wednesday for more strategies to defeat bad decision-making in your family business.MENTIONED IN THIS EPISODEDie with Zero by Bill Perkins CONNECT WITH JEREMY DELKWebsite: https://jeremydelk.com/ Articles: https://jeremydelk.com/media/ Without a Plan: A Memoir of Unbound Action and Failing My Way to Success: https://jeremydelk.com/book/ Instagram: @jeremysdelk LinkedIn: https://www.linkedin.com/in/jeremy-delk-82a57a37/ YouTube: https://www.youtube.com/channel/UCgdwtuEBA73-lQh8o_dzeow Jeremy Delk is a serial entrepreneur known for his disruptive spirit and unconventional approach to life. His journey began as a day trader at just sixteen, learning and failing with each trade. After briefly amassing a significant fortune, he experienced a rapid downturn, losing it all in a matter of days. Undeterred, he ventured into the real estate market and crossed paths with a key contact at Fidelity, eventually landing a job as one of their youngest brokers. Despite financial success, his entrepreneurial drive led him to create Delk Enterprises. Starting modestly with $6,000 in its inaugural year, the company has since evolved into a diversified VC fund with investments spanning biotech, healthcare, consumer brands, technology, building materials, and real estate development, cementing Jeremy's reputation as a savvy entrepreneur with a knack for building and exiting successful ventures.

Early, often and transparent was a common theme in the conversation on succession planning and generational wealth. Jud Snyder and Brad Guse of BMO share insight on competing in the new normal, basic succession planning conversations, “killer D's,” generational wealth process, liquidity, adding new family members and advice. Dairy Stream host Joanna Guza dives into the topics below with Jud and Brad: 1:55: What succession planning used to look like and what we are seeing now 3:19: Can your farm compete in the ‘new normal' 4:54: Basic succession planning conversations 7:15: Emotions involved in succession planning 8:46: Perfect time to exit 10:50: Ideal time to end the farm with no successor 13:20: Keep an eye on macroeconomics    14:01: Considerations when selling to a third party 15:25: Preparing for the unexpected, ‘Killer D's' 18:15: Process of generational wealth and how it's generated 20:36: The 2017 Tax Cuts and Jobs Act doubled the lifetime estate and gift tax exemption and set to expire Jan. 1, 2026, how does this impact succession planning 22.19: Who should be involved in succession planning 24:01: What is liquidity and why is it important 26:04:  Considerations with marriage and new family members 27:14: Multiple siblings but only select few taking over the farm, what about the other non-farming children 29:54: When does life insurance play a role 32:10: How to keep the older generation involved 34:48: Final advice on succession planning Special thanks to BMO for sponsoring this episode. About the guests Jud Snyder Jud Snyder is Regional President of the Midwest with BMO Wealth Management and BMO's Senior Executive for Southeast Wisconsin.  Jud oversees the strategic development and delivery of BMO Private Bank's personal wealth management platform to high net worth individuals, families and organizations, including closely-held and family-owned businesses, endowments and foundations throughout the Midwest. Jud joined the Bank in 1994 and has over 28 years of experience in financial services.  Prior to taking his current role, he spent much of his career in Commercial Banking. He was responsible for leading the growth and development of M&I's Equipment Finance Company. This included strategic and managerial responsibility for sales, operations, underwriting and equipment management capabilities within Equipment Finance. In 2010, he was named M&I's Head of Specialized Industries. In this role he was responsible for Equipment Finance, Global Trade, Health Care, Dealer Finance, Agribusiness and Sponsor Finance. Following the BMO acquisition in 2011, he moved back into the head role at BMO Equipment Finance with the mandate to leverage the business across BMO and grow the business to scale.  Jud obtained his BA in Russian and Economics from UW Madison ('94). He serves on the Board of Directors for The Boys and Girls Clubs of Greater Milwaukee (Trustee), United Way of Greater Milwaukee & Waukesha County, Milwaukee World Festival, Froedtert Health Systems (Chair), and Teach for America Milwaukee. He was previously a Director and Chair of the Milwaukee Ballet (2012-2019) and a past Chairman and Officer of the ELFA (Equipment Leasing and Finance Association) (2010-2020).  Jud lives in River Hills, Wisconsin with his wife, Amy and their children.  Brad Guse As an agricultural banking officer for BMO Commercial Bank - Marshfield, Brad Guse manages a portfolio of diverse production agricultural relationships made up of primarily dairy farm accounts. Guse has ten years of experience in the dairy nutrition field and over twenty - eight years of experience in agricultural banking. He was appointed by Wisconsin's Governor to serve on the Dairy 2.0 task force as well as to serve on the Wisconsin Housing and Economic Development Authority (WHEDA) board of directors. He's very involved in the Ag community serving as the school director and an instructor for the Wisconsin Bankers Association agricultural lending schools as well as serving on the American Bankers Association's Ag and Rural Banking conference committee to name just a few. Brad served 21 years in the Wisconsin Army National Guard, retiring in 2004 after his unit's successful deployment to Afghanistan. Guse holds a bachelor's degree from the University of Wisconsin-River Falls.  This podcast is co-produced by the Dairy Business Association and Edge Dairy Farmer Cooperative, sister organizations that fight for effective dairy policy in Wisconsin and Washington, D.C.  Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.  Attend Dairy Strong on Jan. 16-18 in Green Bay, Wisconsin to gain firsthand inspiration and discover the challenges and solutions experienced by other farmers when implementing sustainable practices. Gain practical knowledge and motivation to implement practices that will make a positive impact on the environment and farms. Learn more and register at dairystrong.org.

The Dairy Streamlet is a new, condensed version of Dairy Stream that takes the long episode and covers just the high-level points of the conversation. If this topic interest you, we encourage you to listen to the full episode on Nov. 8. Dairy Stream host Joanna Guza talks with Jud Snyder and Brad Guse of BMO about competing in the new normal, succession planning conversations, perfect time to exit, process of generational wealth, importance of liquidity, future planning advice and more. Special thanks to BMO for sponsoring this episode. About the guests Jud Snyder Jud Snyder is Regional President of the Midwest with BMO Wealth Management and BMO's Senior Executive for Southeast Wisconsin.  Jud oversees the strategic development and delivery of BMO Private Bank's personal wealth management platform to high net worth individuals, families and organizations, including closely-held and family-owned businesses, endowments and foundations throughout the Midwest. Jud joined the Bank in 1994 and has over 28 years of experience in financial services.  Prior to taking his current role, he spent much of his career in Commercial Banking. He was responsible for leading the growth and development of M&I's Equipment Finance Company. This included strategic and managerial responsibility for sales, operations, underwriting and equipment management capabilities within Equipment Finance. In 2010, he was named M&I's Head of Specialized Industries. In this role he was responsible for Equipment Finance, Global Trade, Health Care, Dealer Finance, Agribusiness and Sponsor Finance. Following the BMO acquisition in 2011, he moved back into the head role at BMO Equipment Finance with the mandate to leverage the business across BMO and grow the business to scale.  Jud obtained his BA in Russian and Economics from UW Madison ('94). He serves on the Board of Directors for The Boys and Girls Clubs of Greater Milwaukee (Trustee), United Way of Greater Milwaukee & Waukesha County, Milwaukee World Festival, Froedtert Health Systems (Chair), and Teach for America Milwaukee. He was previously a Director and Chair of the Milwaukee Ballet (2012-2019) and a past Chairman and Officer of the ELFA (Equipment Leasing and Finance Association) (2010-2020).  Jud lives in River Hills, Wisconsin with his wife, Amy and their children.  Brad Guse As an agricultural banking officer for BMO Commercial Bank - Marshfield, Brad Guse manages a portfolio of diverse production agricultural relationships made up of primarily dairy farm accounts. Guse has ten years of experience in the dairy nutrition field and over twenty - eight years of experience in agricultural banking. He was appointed by Wisconsin's Governor to serve on the Dairy 2.0 task force as well as to serve on the Wisconsin Housing and Economic Development Authority (WHEDA) board of directors. He's very involved in the Ag community serving as the school director and an instructor for the Wisconsin Bankers Association agricultural lending schools as well as serving on the American Bankers Association's Ag and Rural Banking conference committee to name just a few. Brad served 21 years in the Wisconsin Army National Guard, retiring in 2004 after his unit's successful deployment to Afghanistan. Guse holds a bachelor's degree from the University of Wisconsin-River Falls.  This podcast is co-produced by the Dairy Business Association and Edge Dairy Farmer Cooperative, sister organizations that fight for effective dairy policy in Wisconsin and Washington, D.C.  Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.  Attend Dairy Strong on Jan. 16-18 in Green Bay, Wisconsin to gain firsthand inspiration and discover the challenges and solutions experienced by other farmers when implementing sustainable practices. Gain practical knowledge and motivation to implement practices that will make a positive impact on the environment and farms. Learn more and register at dairystrong.org.

Ever feel like adversity might be stunting your growth as an entrepreneur? Today's episode will resonate deeply with you! We explore the life and journey of Katie Shea, a sales trainer turned coach, who took her early struggles with learning disabilities and misunderstanding, and used them to fuel an inspiring entrepreneurial journey. Hear about the three main types of entrepreneurs she identifies and the transformative power of self-awareness and daily intentional action.Are you stuck in a pattern of fearing rejection and unable to unlock your inner child? Katie's journey is a testament to embracing fears and using them as stepping stones to success. Listen closely as Katie shares how she overcame her fear of rejection leading to a successful career in sales and eventually coaching. She also shares insights into the world of psychology, the process of preparing for self-improvement, and how to strike a balance between feeling inspired and not beating oneself up.Ever wondered how internal change can impact your external environment? Katie Shea shares her personal transformational journey, giving us insights into how her focus on self-improvement led to success. Learn about her investment in Tesla, the life-changing results of focusing on her internal state, and her journey to a healthier relationship with money. Discover Katie's practical challenge for you - a 24-hour self-talk challenge that could be the first step in your transformation journey. Tune in for this riveting conversation filled with practical wisdom and inspiring personal tales.Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Maya Corbic, author of From Piggy Banks to Stocks, tells us how to turn allowance into financial lessons. Maya dishes on the potential dangers of blindly trusting financial advisors, the future of investing, and investing for generational wealth.If you've enjoyed Talking to Teens, we'd love if you could leave us a five-star rating, and if you have time, a review!  Follow us on Social Media! We're @talkingtoteens on Instagram and TikTok

Welcome to another enlightening episode of Break Away From The Rat Race!

Have you ever wondered how a young woman from a scarcity-ridden background can grow to become a successful entrepreneur and financial whizz? Meet Audrey Heesh, a testament to the power of resilience, determination, and a keen understanding of finance. Growing up with a single mom where scarcity was the norm, Audrey's relationship with money was molded early on. From a senior project enthusiast, concerned about the pitfalls of credit cards, she charted an inspiring journey to become an entrepreneur who now runs a successful bookkeeping and interim CFO company.We stride into the intricacies of launching a business, a world Audrey is all too familiar with. She emphasizes the need to understand finances right from the get-go, underlining the three essentials for every business owner: getting a business bank account, registering for a federal EIN, and keeping track of the flow of money. But beware, intertwining personal and business finances could lead to catastrophic outcomes. We also traverse the often-complex terrain of QuickBooks and the crucial role a professional bookkeeper plays in keeping your financials in order.But it's not all numbers and accounts, we also delve into the human aspect of entrepreneurship. The fear of the unknown, the anticipation of success, and the painstaking journey to wealth. Your host, John Mendez, concludes on an empowering note, reaffirming the importance of overcoming fear, taking decisive action, and finding the right support system to build wealth. Carry us with you on this enlightening journey, and let's walk towards wealth together. Audrey's journey is proof that with the right knowledge and action, transformation is within reach. Tune in and let's rewrite our financial narratives together.Connect With Audrey:Website: https://www.thegracefulpenny.comFacebook: https://www.facebook.com/groups/bookkeepingforsuccessInstagram: https://www.instagram.com/gracefulpenny/Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

This week I had the privilege of chatting with Real Andrews, a well-known TV personality whose journey takes us through the intriguing intersections of money, investing, the world of real estate and generational wealth. Join us for this eye-opening conversation that will undoubtedly shift your perspective on money and inspire you to take charge of your financial future today. Loral's Takeaways:Acting Career And Subliminal Messaging (01:07)Money Management For Actors And Entrepreneurs (03:45)Building A Legacy And Financial Security (07:31)Generational Wealth, Fear, Excuses, And Distinctions (09:56)Common Excuses For Not Taking Action Towards Financial Success (16:43)Self-Improvement And Success Strategies (21:35)Connect with Real Andrews:Upcoming BookWebsiteInstagramFacebookTwitterYoutubeLinkedInMeet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules:

Todays episode Troy teaches you the proper way to build your financial house that will stand the test of time! This is a blueprint for financial success that enables you to withstand taxes, fee's, market risk and inflation. Want more tips on wealth strategies?Click this link to watch a Free video on how to increase cash flow and minimize taxes - https://wealthstrategiestovalue.com/m...

Has the idea of taking risks and seizing opportunities ever intrigued you? Are you mesmerized by the power of real estate investing and entrepreneurship? Well, then, this episode of the Walk to Wealth podcast is a must-listen for you! We had an engaging chat with Jason Griggs, a real estate magnate whose journey from shoveling driveways to playing college lacrosse eventually led him to the glittering city of Las Vegas and into the mesmerizing world of real estate.Jason's story is truly inspiring, making him a living testament to the power of ambition and hard work. He regales us with how he started his business with minimal overhead, and goes on to demystify the often daunting world of real estate. In our conversation, he talks at length about his first property investment, the value of rental properties, and the ways to succeed in the real estate market without an over-reliance on costly training or mastermind groups. His insights are a treasure trove especially for those looking to make their mark in the world of real estate.As the episode progresses, we delve into Jason's learnings from a successful investor, the importance of financial literacy, and the legacy he aims to leave behind. We wrap up with some actionable tips on taking the first step towards your wealth journey and the impact of having robust social skills. So, grab your notepads, and tune into this insightful episode. And remember, the Walk to Wealth journey starts with a single step. So, why wait? Subscribe to our newsletter and keep marching forward on your wealth journey!Connect With Jason:Website: https://sellorbuynvhomes.com/ | https://winwithairbnb.com/Facebook: https://www.facebook.com/JGRIGGSREALESTATEInstagram: https://www.instagram.com/jgriggsrealestate/TikTok: https://www.tiktok.com/@theinvestingagent?is_from_webapp=1&sender_device=pcYouTube: https://www.youtube.com/channel/UCyrn-4vZD2ci_RSob8wFyDALinkedIn: https://www.linkedin.com/in/jason-griggs-44a625123/Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

[Rewind Episode] Kevin L. Matthews II is a number-one bestselling author and former financial advisor. He has helped hundreds of individuals plan for their retirement in addition to managing more than $140 million in assets during his advisory career. By 2017, he was named one of the Top 100 Most Influential Financial Advisors by Investopedia. In this episode of Rich by Intention you'll learn: Why investing is important  Practical ways to start investing in the stock market  Investing mistakes to avoid  Connect with Kevin Matthews II: Website: http://www.buildingbread.com/ Instagram: http://www.Instagram.com/BuildingBread Youtube: http://www.buildingbread.com/youtube Connect with us:Instagram: @richbyintention Twitter: @richbyintention Check out our website: Richbyintention.com

From the hallowed halls of West Point in 1990 to the bustling floors of stock trading, Jeff Evenson's journey through the corporate maze has been nothing short of remarkable. With an MBA from Washington University in St. Louis under his belt, Jeff navigated the world of stocks at a brokerage firm, managed diverse portfolios, oversaw pension funds, and played a key role in facilitating acquisitions for a prominent Fortune 50 company. But it's not just his corporate pursuits that set him apart. Jeff's true passion lies in business ownership—a path he's intimately familiar with, having owned, run, and successfully exited businesses ranging from hair salons to aerospace manufacturers and even smoothie shops. Now, wearing the hat of an acquisition and acceleration coach, he is on a mission to guide others in building generational wealth through the intricacies of business acquisition and ownership. Jeff Evenson's journey from West Point to business ownership offers invaluable lessons for entrepreneurs and business leaders. His experiences underscore the significance of anticipation, the art of negotiation, and the importance of clear communication. THE HUMAN SIDE OF MAKING DEALSWhile financial considerations are undoubtedly critical when making deals, the human element remains pivotal in sealing the deal. In the intricate dance of buying, selling, or starting a business, both the head. Building a relationship is pivotal to a successful deal. Beyond financial considerations, many sellers care deeply about the legacy of their business and are unlikely to sell to someone they feel won't respect or continue that legacy. Building trust and rapport can be just as crucial as getting the numbers right. IT'S NOT ALL ABOUT THE MONETJeff advises against charging into meetings with sellers, focusing solely on financial specifics. Instead, he suggests fostering genuine conversations, letting sellers narrate their journey, their motivations, and their concerns about the future of the business post-sale. He emphasizes the importance of understanding a seller's emotional ties to the business, whether it's the legacy they've built or the relationships they've forged with employees over the years. COLLISIONS AS CATALYSTS FOR GREATNESSJeff, with his extensive experience in business operations and hiring practices, is a firm believer in the power of collisions. A quote from our interview that sticks out to me, “Collisions are the catalyst for greatness.” The idea is simple yet profound: When two people or entities with complementary skills and visions come together, the potential for greatness multiplies exponentially. ACQUIRING TALENT THROUGH M&ASIn a tight labor market, acquiring businesses can also be a strategy to onboard talent. Instead of recruiting individuals, companies can buy out entire teams or firms, ensuring they get seasoned professionals who are already synergized. While this approach has its advantages, however, integrating cultures and ensuring the acquired talent feels valued and comfortable are essential to the acquisition's success. For those interested in leveraging Jeff's expertise, he is approachable and encourages direct contact. He's available on LinkedIn and has two businesses: His coaching business at www.flawlessacceleration.com and his personal acquisition venture at www.ThayerGateProject.com. • • • For my full discussion with Jeff Evenson, and more on this topic and others discussed not featured on this blog post:Listen to the Full DealQuest Podcast Episode Here• • • FOR MORE ON JEFF EVENSON:https://www.thayergateproject.com/www.linkedin.com/in/jeffreyevenson Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. If you want to start getting yourself deal-ready, check out the DealQuest Podcast with Corey Kupfer each week. Featuring industry leaders and newcomers as guests alike, the DealQuest podcast has something for everyone.

Dan entered the U.S. Navy's Nuclear Power program after high school and upon discharge, he purchased the family business which he operated for 7 years.After his father's death, he discovered his father lost a small fortune due to bad advice from a stock broker. Dan decided to enter financial services to find out how this could happen and help others avoid it.In 2004 he completed the Certified Financial Planner coursework and in 2005 opened a Registered Investment Advisor firm.He owns both a Financial Advisor firm and a tax firm based in Lake Mary, Florida. Dan works with a Registered Investment Advisor firm that manages over $3 billion dollars and is one of the fastest-growing firms in the nation.Dan's specialty is comprehensive retirement planning, including income planning, tax mitigation, catastrophic health care planning, Medicare, Estate Planning, and Generational Wealth.On a personal level, his proudest accomplishment was being a single father to his daughter, who is a Police Officer. He enjoys golf, hiking, traveling, cooking, and discovering new restaurants.Learn More: http://www.xexiswealth.com/Investment advisory services offered through Virtue Capital Management, LLC (VCM), a registered investment advisor. VCM and Xexis Private Wealth, LLC are independent of each other. For a complete description of investment risks, fees, and services, review the Virtue Capital Management firm brochure (ADV Part 2A) which is available from your Investment Advisor Representative, or by contacting Virtue Capital Management. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-dan-brooks-founder-of-xexis-private-wealth-discussing-long-term-care-considerations

Dan entered the U.S. Navy's Nuclear Power program after high school and upon discharge, he purchased the family business which he operated for 7 years.After his father's death, he discovered his father lost a small fortune due to bad advice from a stock broker. Dan decided to enter financial services to find out how this could happen and help others avoid it.In 2004 he completed the Certified Financial Planner coursework and in 2005 opened a Registered Investment Advisor firm.He owns both a Financial Advisor firm and a tax firm based in Lake Mary, Florida. Dan works with a Registered Investment Advisor firm that manages over $3 billion dollars and is one of the fastest-growing firms in the nation.Dan's specialty is comprehensive retirement planning, including income planning, tax mitigation, catastrophic health care planning, Medicare, Estate Planning, and Generational Wealth.On a personal level, his proudest accomplishment was being a single father to his daughter, who is a Police Officer. He enjoys golf, hiking, traveling, cooking, and discovering new restaurants.Learn More: http://www.xexiswealth.com/Investment advisory services offered through Virtue Capital Management, LLC (VCM), a registered investment advisor. VCM and Xexis Private Wealth, LLC are independent of each other. For a complete description of investment risks, fees, and services, review the Virtue Capital Management firm brochure (ADV Part 2A) which is available from your Investment Advisor Representative, or by contacting Virtue Capital Management. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-dan-brooks-founder-of-xexis-private-wealth-discussing-long-term-care-considerations

How does our past shape our future and what role does our mindset play in our success? Join me on an enlightening journey as I share my personal experiences of growing up as the shortest boy in school with dreams of becoming a basketball star, only to find my passion in music and marketing. Together, we'll navigate through my story of substance use and breaking out of destructive patterns to self-realization, and the critical importance of adopting an abundant mindset.Our conversation takes a pivot as we delve into the role of action, networking, and the powerful concept of 'being it until you become it'. Reflecting on my own journey, I share how I replaced my sales executive income in a year and highlight how the same can be possible for anyone, irrespective of age or location. Creating connections, fostering relationships, and building a personal brand through podcasting and networking will be at the heart of our discussion.In the final part of our conversation, we explore the world of podcasting, its power in creating connections and building authority. I share my own experiences and strategies on hacking credibility and building authority through leveraging the success of others. We also discuss the essential qualities for personal growth - honesty, curiosity, knowledge, and the significance of surrounding ourselves with the right people. Overall, this episode is a deep dive into the process of overcoming life's challenges, understanding oneself, and embarking on a journey to wealth. So, tune in for a fresh perspective on personal growth, success, and creating wealth.Connect With Ben:Website: www.realbusinessconnections.comInstagram: https://www.instagram.com/realbenalbert/ YouTube: https://www.youtube.com/channel/UCatiqMEYvn1CO_isUcb6pAQ/videos LinkedIn: https://www.linkedin.com/in/balbertmarketing/ Podcast: www.realbusinessconnections.comSupport the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

 He is the founder of Yarusi Holdings with his wife Pili. They have acquired over $240M in real estate across 2300 Multifamily Units since 2017. He is an avid ultra runner and workout enthusiast. Hosts The Multifamily Live Podcast and runs 7 Figure Multifamily Mastermind. Jason wakes up daily at 4:32 am. And most importantly is a husband and father to three amazing kids.  Main point:Using the 100 mile mindset for Multifamily Investing. Why wake up at 4:32 AMHow to raise money without asking for itHow to produce massive income with effective asset managementWhy a narrow focus produces the most opportunities.Connect with Jason Yarusi:https://www.yarusiholdings.com/whymultifamilyinfo@yarusiholdings.comhttps://www.facebook.com/JYarusihttps://www.instagram.com/jasonyarusi/https://www.linkedin.com/in/jasonyarusi/https://www.yarusiholdings.com/Podcast- Multifamily LIVE