8 Steps for Creating Generational Wealth | Tom Ferry Podcast Experience

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.7 • 1.1K Ratings

🗓️ 8 March 2023

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

What is preventing you from creating generational wealth? I’m not talking about you making more money or hitting the jackpot – I’m talking about building serious wealth that will survive you when you’re gone. As a coach to some of the top real estate agents in the world and a lifelong student of business mentored by some of its greatest minds, I’ve seen where true wealth begins. I’ve studied the successes, learned from all the failures, and I’ve found eight things that all wealthy people do, and all broke people don’t. The fact is, creating generational wealth isn’t complicated – it isn’t easy, but it’s not complicated… And that’s why in this episode of the Tom Ferry Podcast Experience, I’m going to share with you the eight steps that I’ve learned which if followed precisely, are certain to transform your financial legacy. I’m covering: Investment strategies Cultivating the right identity Finding your way into the right rooms Financial management And much, much more If your goal is creating generational wealth which will contribute to every other aspect of your life and provide for your family generations down the line, this episode is for you.

Transcript

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0:00.0	So here's the thing, entrepreneurs, leaders, salespeople.
0:05.9	We all want to create consistent, repeatable, and scalable ways to grow our business and
0:10.1	our income.
0:11.1	And we want to do it better, faster, and more seamlessly.
0:14.2	Why?
0:15.2	So we can actually enjoy our lives, take vacations, and spend the quality time that we want
0:18.9	with the people that we love.
0:20.6	How do we do all this without spending a fortune or running ourselves ragged?
0:24.9	That's the big question, and this show is dedicated to the answer.
0:30.0	Hey, welcome back to the podcast.
0:34.5	So over the last 30 years, I've cultivated a wonderful list of mentors, friends, teachers
0:42.8	that have helped me make really good decisions and make smart decisions when it comes to
0:47.9	creating wealth.
0:48.9	Today, I want to talk to you about the lessons I learned along the way, the systems, the
0:53.9	structure, the mindset, the principles, the things that these people were able to install
0:59.3	in me over the last 30 years.
1:01.3	And by I say install, I had to be open to it.
1:04.1	I hope you are today as you're listening to the show.
1:08.0	People that I was able to, as the old line goes, ride on the shoulders of others, learn
1:13.8	from their mistakes, and maybe try to minimize, and I certainly did, in some cases, minimize
1:19.5	making those same mistakes myself.
1:21.5	So if you are on the path and you have a desire to create wealth, and I know when I say,
	...

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