Start With The End In Mind With Rick Sapio

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5 • 831 Ratings

🗓️ 15 December 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode, Gino Barbaro talk with Rick Sapio. Rick Sapio is a life-long entrepreneur who started his first company when he was 13 years old, after the untimely death of his father. Since then, he has founded more than 20 companies. For 24 years, Rick has been the Founder and CEO of a financial holding company, Mutual Capital Alliance, Inc. (MCA), which has made more than 100 investments in the past 24 years. His firm has invested into private companies, public companies, start-ups, and real estate. Currently, MCA has dozens of direct and indirect holdings (through its funds) which include publicly-traded companies and funds, private funds, private companies, real estate, and loans. MCA is also an investor in 10 healthcare and medical device companies. He is proud of being the Founding Chair and six-time Chair of the Gathering of Titans Program, an annual event held at MIT in Boston. He is a 1987 graduate of Rutgers University and holds a bachelor of science degree in engineering. Rick resides in Dallas with his wife, Melissa, and their four children. Key Insights: 00:00 Introduction 00:52 Start with the end in mind 04:05 Do you really need life insurance 07:16 What's better? Term insurance or Whole life? 09:26 How to start building a legacy 12:06 Being responsible for your family's financial future 14:37 Get expert advice Download our eBook on how you can leverage on our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/ If you want to learn more on why should add a cash value Whole Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here: https://100yearrei.com/callnow/

Transcript

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0:00.0	Hello, everybody, and welcome to the 100-year real estate investor. I am your host,
0:11.3	Gino from Jake and Gino, and this is the show dedicated to long-term personal financial engineering.
0:17.1	Our guest today is a lifelong entrepreneur who's founded more than 20 companies.
0:21.7	He's also a lifelong investor.
0:24.0	He started an investment holding company, Mutual Capital Alliance, in 1994.
0:27.7	And for the past 27 years, they've made more than 100 investments into private companies,
0:32.7	including the 100-year real estate investor.
0:34.6	He's the co-founder of mutual capital partners, a private equity firm with
0:37.5	three funds. He's also the co-author of Who's in Your Room, The Secrets Creating Your Best Life,
0:41.6	which became an international bestseller. He and his wife, Melissa, have four children, and live
0:46.5	in Texas. That's a lot of stuff going on, Mr. Rick Sappe. Welcome to the show.
0:49.9	Hey, thank you, Jane. I appreciate you having me. Well, thank God you're underneath the desk,
0:55.0	fooling around your wires and doing something with your video back down. So you made it happen.
0:59.6	That's what it's all about being a hundred-year real estate investor. And we had this whole show
1:04.3	plan today. And I'm like, Rick, we're going to do this show and do everything. And tragedy struck
1:08.0	this week for you. And it's so relevant to the long-termism that you
1:11.6	constantly preach to the long-term mindset, to generational wealth, to legacy wealth. Can we
1:16.3	dive into the story of what's happening the last few days? And let's make it relevant to the
1:20.0	listeners and start with the end in mind. To me, that's what the theme of the story is. Start
1:24.0	with the end in mind. Mind sharing, Rick? I'd love to. So just for the listeners
1:28.2	information, I called Gina to say, look, I can't do a video recording today because it's just
1:34.1	going to be too hard. I've got so much going on. It's the day before Thanksgiving.
	...

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