The ONE Thing 141. The Family Office: How Multi-Millionaires Think About Wealth Creation | Richard C. Wilson
How do you think about creating wealth… or do you even think about it? In this episode, we reveal the mindset required to create a net worth of $20M, $100M, or even more. The people we are talking about today did not inherit their money – they just think differently about wealth creation. To teach us about this mindset, we are talking to Richard C. Wilson, CEO of the Family Office Club Association, the largest community in the industry with offices that manage in excess of $1 Trillion in Assets Under Management.
In this episode, you will learn...
- [9:30] The strategic habits that can make your someday vision a reality.
- [13:50] How to identify what you should be focusing on learning.
- [23:00] What Richard’s clients focus on to create a long-term competitive advantage.
- [26:50] Where you should invest your funds.
- [32:30] The ONE thing you can do, over time, to make an executive team opportunity easier or unnecessary.
The ONE Thing to Implement From This Episode:
The people who achieve extraordinary financial success, in Richard’s experience, didn’t get there through diversification – they got there through focus and planning. They understood what the big, long-term goal was and they made sure their actions, every day, were aligned and in integrity with their vision. Of everything you heard in this episode, what’s the ONE thing you can do to make achieving that lifestyle easier or unnecessary? Think BIG, and then go really small.
Links & Tools From This Episode
- Learn more at familyoffices.com
- Connect with Richard: Twitter | LinkedIn
- Want to join Jay & Geoff for the very first The ONE Thing Mid-Year Reset Retreat (June 23rd & 24th in Austin, TX)? Head over to the1thing.com/resetretreat.
AWESOME FREE RESOURCES FOR YOU!
- Get more support & accountability: Join the Living Your ONE Thing Community
- Form your first power habit with your 66 Day Challenge Calendar
- Check out our awesome blog!
Mentioned in this episode:
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