306: Why Most Founders Stay Broke—And How Mark Murphy Builds Generational Wealth That Lasts

What if the business you built today can’t even fund your grandkids’ future?
That’s the question driving this powerful conversation with Mark Murphy, Forbes’ #1 ranked financial advisor and founder of Northeast Private Client Group. In this episode of The Root of All Success, Jason Duncan uncovers the strategies, mindset, and hard truths behind building real generational wealth—and why most entrepreneurs never get there.

Mark shares how he helps high-net-worth founders go from “asset-rich, cash-poor” to long-term legacy builders using emotional fitness, liquidity strategy, and intentional family conversations. This episode is packed with practical and philosophical gold—whether you’re scaling a business or planning your exit.

🔑 Key Takeaways:

• Why you’re probably building a job—not a business
• The 3 ways real wealth is created (it’s not stocks and IRAs)
• How emotional fitness beats spreadsheets in wealth building
• The #1 conversation you must have with your heirs
• Why “enough” is a dangerous mindset for entrepreneurs
• Protection first: the mistake most founders don’t know they’re making
• What makes wealth last beyond the third generation
• How to build a life you never want to retire from

👉 Ready to think bigger than your next quarter?
📘 Connect with Mark Murphy at northeastprivateclientgroup.com
📚 Grab a copy of The Ultimate Investment or request one via his team

Who is Mark B. Murphy?

Mark B. Murphy is the CEO of Northeast Private Client Group (NEPCG), a national financial planning and wealth management firm. Mark is highly accomplished, with numerous accolades, including being ranked #1 in New Jersey and #9 in the nation on the 2024 Forbes America’s Top Financial Security Professionals list. Mark focuses on helping high-net-worth clients and entrepreneurs build multigenerational wealth & long-term financial security. Mark’s mission is to empower clients with tools to make informed decisions for both personal and professional financial goals. Additionally, he’s a best-selling author on Amazon and hosts a popular podcast, Hero of The Hour, which ranks in the Top 40 in U.S. Business and Entrepreneurship categories.

Mark B. Murphy’s Website Link:  www.northeastprivate.com

Mark B. Murphy’s  Social Media Link:

Linkedin: https://www.linkedin.com/in/mark-b-murphy/

Love the show? Subscribe, rate, review & share! https://therealjasonduncan.com/podcast

Learn more about your ad choices. Visit megaphone.fm/adchoices