356. Becoming the Family Hero: Revolutionary Ideas for Legacy Building with Moses Kagan
Jan 27, 2025
auto_awesome
Moses Kagan, Co-founder of Adaptive Realty, shares his journey from tech startups to real estate, managing over $200 million in assets. He discusses the significance of ownership in building generational wealth and the role relationships play in personal growth. Kagan emphasizes the power of gratitude—both for triumphs and challenges—while exploring how embracing one's ancestry can shape future legacies. He underscores the importance of storytelling and recognizing ancestors' struggles to foster resilience and inspire future generations.
Moses Kagan emphasizes that ownership and proactive asset acquisition are crucial for building wealth and a lasting legacy.
The importance of storytelling is highlighted as a means to connect generations and foster a sense of gratitude and identity.
Kagan shares how a strong family culture and understanding one's heritage are essential for continuing the legacy of past generations.
Deep dives
The Power of Small Adjustments
The importance of making gradual course corrections in life is emphasized, akin to how airplanes spend 90% of their flight time off course yet still arrive at their destinations. Subscribing to a brief weekly newsletter is presented as a simple yet effective way to maintain focus and alignment in one's goals. This newsletter serves as a resource for readers to reassess their priorities and actions, effectively functioning as a 'tiny weekly course correction' in their lives. Such small adjustments can help individuals stay on track and make meaningful progress throughout the year.
Moses Kagan's Journey
Moses Kagan's path from a normal upbringing in upstate New York to co-founding a successful real estate company illustrates the significance of adaptability and relationship-building. His experiences at prestigious academic institutions like Andover, Princeton, and the London School of Economics played a crucial role in shaping his perspectives and career choices. Kagan’s various experiences, including a chance encounter with successful entrepreneurs and decision-making during pivotal moments, highlight his proactive approach to seizing opportunities. He reflects on how meeting the right people at the right time has significantly influenced his career trajectory.
Ownership and Wealth Creation
Kagan discusses how ownership is the key driver of wealth accumulation and highlights the importance of being proactive in acquiring assets. He emphasizes that most individuals need to own assets rather than rely on traditional employment for wealth creation, which necessitates a strategic mindset and taking calculated risks. His early ventures in real estate came about during economic downturns, allowing him to acquire properties at favorable prices, making it clear that timing and knowledge can substantially impact success. Ultimately, Kagan's journey underscores the value of ownership and the innovative approaches needed to build a lasting legacy.
Intergenerational Wealth and Responsibility
The conversation explores the complexities surrounding intergenerational wealth and the responsibilities that come with it. Kagan emphasizes the importance of creating a strong family culture where subsequent generations understand their role in continuing the legacy of those who came before them. He shares how his family's financial history connects to his current success and instills a sense of obligation to honor that legacy. This sense of duty encourages individuals to view themselves as links in a chain rather than mere beneficiaries of past successes.
The Narrative and Cultural Legacy
The significance of storytelling in shaping cultural values and personal identities is crucial in understanding one's heritage and responsibilities. Kagan relates the importance of narrating family histories and how these stories can foster a sense of gratitude and connection among generations. The idea that individuals can draw strength and insight from their ancestors' struggles highlights the transformative power of narrative in personal and communal contexts. Ultimately, recognizing one's role in a larger story can inspire individuals to act with purpose and intent in their lives.
Join Greg and Moses Kagan as they dive into an insightful discussion on entrepreneurship, intergenerational wealth, and the power of gratitude. Moses shares his journey from a tech startup to founding Adaptive Realty, emphasizing the importance of ownership and relationships. The conversation explores narrative, legacy, and the pivotal role of recognizing one's ancestors' struggles and successes. Learn how adopting an intergenerational perspective can impact personal and professional growth, and how stories define both individual lives and broader cultures.