4.4 • 716 Ratings
🗓️ 7 September 2016
⏱️ 10 minutes
🧾️ Download transcript
What do the Walton, the Rockefeller, and the Koch families have in common? They all have unlocked the secret to passing down wealth through multiple generations. If you are serious about making money, and building security for those you love and care about, this is the key to ensuring all your hard work doesn't go down the drain. Don't set your family up for financial failure. In today's episode, Matty A dives into the secret for creating and passing on generational wealth.
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0:00.0 | Episode 52 of the Millionaire Mindcast, The Secret to Creating Generational Wealth. |
0:08.4 | What's going on, everybody? |
0:10.0 | Welcome into today's Wealth Tip Wednesday. |
0:15.7 | Hey, thanks again for tuning in for another episode of Millionaire Mindcast. |
0:20.4 | I'm your host, Maddie A, and today's episode is really on generational wealth. |
0:25.7 | You know, it's awesome to be able to strategically plan and take action towards amassing the wealth. |
0:33.7 | But what gets me even more fired up is my why. |
0:37.9 | It's why I do what I do. |
0:39.2 | It's to pass that wealth on to my family, |
0:42.1 | to create that security and that opportunity for my family and for those that I love. |
0:46.7 | And in order to do that, right, you have to educate yourself and prepare yourself for |
0:51.5 | the best ways of handing off that baton of wealth for your family |
0:55.9 | to take it and fall right into stride. See, where a lot of families fall short is there's one |
1:01.2 | particular person in the family or in the business or organization that was the brains behind it. |
1:07.4 | They were the one who masked all the skills, all the knowledge, all the experiences, |
1:11.5 | and yet they were the sole keeper of that information and the people around them when that |
1:17.3 | person passed or moved on didn't know what to do or how to do what that individual had done. |
1:23.7 | And recently I just got back from Steamboat, Colorado at a millionaire mastermind group that |
1:27.4 | I'm a part of called Go Abundance. |
1:29.0 | And I was able to attend one of our top tier masterminds where the net worth in the room is a minimum of five million net worth or making a million dollars net income a year base. |
1:43.8 | So I'm sure you can imagine the high caliber people that were in attendance and the |
1:49.4 | amazing conversations that were taking place. |
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