Capital Club

If someone asks you what wealth means for you, what would your response be? The first thing people always associate this term with is money, however, wealth can also be translated into freedom, opportunities, and security. Our amazing guests, David Dubofsky and Lyle Sussman, the authors of Your Total Wealth: The Heart and Soul of Financial Literacy will show us the real meaning behind the wealth word. They will also discuss how the book is organized and why financial literacy is essential to achieving success and financial independence. Tune in and learn more about the heart and soul of financial literacy!Key Highlights: [00:01 - 08:49] Open SegmentDavid and Lyle share their background and workWhy they decided to write Your Total Wealth: The Heart and Soul of Financial LiteracyWhat you should know about personal finance and well-being [08:50 - 20:14] Financial and Life Literacy is VitalDavid and Lyle recommend people to read Think and Grow RichFinancial literacy can be the difference between having a successful life and a nonsuccessful lifeThe benefits of using financial literacy as a tool to achieve success [20:15 - 30:18] Going on Your Own Financial Literacy JourneyHow the concept of compound interest can have a dynamic effect on a person's wealthThe importance of financial literacy and how people can use it to make better decisions about their moneyWhy and how people should read Your Total Wealth: The Heart and Soul of Financial Literacy [30:19 - 35:45] Closing SegmentPeople can have regrets about their decisions in life even if they don't have any formal education or experience in financesKey Quotes: “The decisions we make throughout our lives have a compounding effect and will lead to satisfaction in life.” - David Dubofsky“Wealth doesn't just result in more money. Wealth also results in more freedom, more opportunity, and more security. Money is a tool to help you achieve your goals and dreams.” - Lyle Sussman Connect with David and Lyle:Email: d.dubofsky@louisville.edu Email: lyle.sussman@louisville.edu Connect with me on LinkedIn!LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

The world of entrepreneurship is one that most people are interested in, however, oftentimes they don’t know where to begin, especially when you are a younger entrepreneurs. Don’t worry about it anymore, our amazing guest, Brien Biondi, the CEO of The Institute for Private Investors & Campden Wealth - Family Business/ Family Office & Investment Education, will share with us about making the decision to staring his own company and how YPO (Young Entrepreneurs' Organization) had a great impact on his entrepreneurship career and allowed him to create incredible connections across the world. You don’t want to miss this episode! Key Highlights: [00:06 - 07:36] Open SegmentBrian shares his background and workHow Institute For Private Investors (IPI) helps individuals access opportunities in the private equity marketBrian’s thoughts about entrepreneurship during the late 1990s[07:37 - 15:40] Be Careful When Recruiting MembersMethods Brian used to grow the company to 7000+ members in a short span of timeWhy peer groups have a significant impact on the business and members' successesWhat The Entrepreneurs' Organization (EO) does[15:41 - 22:40] New Organizations Have Been Created to Better Serve Young EntrepreneursHow the demographics of the entrepreneur community have changed over timeBrian’s experience  leading IPI, their goals for the organization, and their plans for future growthHow families are dealing with succession, transition, and next-generation philanthropy[22:41 - 31:24] The Impact Family Offices Are Having on the Community in Their LivesThe family office space is growing significantly with more sophisticated staffing and locationsFamily offices lookout  for new investments and  talented people to work for themWhat is essential to have a great relationship with people around you[31:24 - 37:00] Closing SegmentBrian discloses common elements you will find in family officesKey Quotes:“You have to be resilient, you have to have a lot of determination and you also have to have some luck on your side. And sometimes you just need to be in the right place at the right time.” - Brien Biondi“Just because you have a lot of zeros in your bank account doesn't mean you don't have problems.” - Brien BiondiConnect with Brien: Website: https://www.instituteforprivateinvestors.com Email: bb@memberlink.netConnect with me on LinkedIn! LIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Learning from his past mistakes and applying what he's learned to further his objectives is what helped Stewart Heath, a passionate entrepreneur, and leader with over 35 years of experience transforming organizations into efficient operations with a path to profitability achieved his success today. Stewart  found interest in his career at an early age while watching his CPA father produce business success for clients. In 1985, Heath graduated from Auburn University with a degree in Accounting. Since then, he has held multiple C-Level positions. In 2011, Stewart Heath founded Harvard Grace Corporation where he and his team provide business advisory services specializing in financial and operational fractional C-Level engagements.Heath has been a real estate investor for more than 20 years. His experience includes commercial and multi-family development, construction, management, and investing. Heath learned many lessons on the best practices of holding and operating real estate during the financial crisis of the last decade. He now brings the wisdom he gained to the syndicated offerings brought to market by Harvard Grace Capital.Heath is also known for giving back to the community throughout his career. He currently serves on the board of Freedom Business Alliance, an organization focused on stopping human trafficking. Previously, he served on the board for New Hope Academy in Franklin, Tennessee, a school focused on racial reconciliation. In a previous role, he met staff members' needs by providing homework sessions and career guidance to mothers who were working full-time and enrolled in classes to build a better future.Stewart Heath welcomes opportunities to share his story and is always looking for more ways to give back to the community.[00:01 - 06:30] Opening SegmentWelcoming Stewart to the showThe careers most CPAs take: Corporate world and entrepreneurship[06:36 - 33:43]  The Path to Success Is Not Always EasyThe Fractional CFO Model: Why it’s popular and why it worksStewart’s forecast on the industry five to ten years from nowHow Stewart got into real estate investingReal Estate Investing during the Great Recession and how it is similar to the present situationStewart reflects on his past financial mistakes and how they have influenced how he invests nowStewart on where he looks for possibilities, what he considers opportunities, and what to stay away from[34:00 - 36:35] Wrapping Up!Connect with Stewart on the links below to know more about the factional CFO and real estate investment opportunities!Key Quotes“What I've learned during COVID is if you can just survive for 12 months, things will probably turn. But you can't buy that time with nothing. You need liquidity.”  - Brian Adams------------------------------------------------------------------------------------------Connect with Stewart: Website: www.harvardgracecapital.comCalendly: https://calendly.com/sheath-harvardgraceFacebook/Twitter/Instagram/LinkedIn - @harvardgracecorporationConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

In an unstable market, a war, and a pandemic, it's understandable that the economy would be severely impacted. Inflation might wipe out most of what you've worked so hard for. It is important that we ensure that our financial assets are safe and secure and that they are available to you and your heirs. In today’s episode, our guest expert, Arthur Drozd is the Managing Director of a real estate investment firm, SDS Realty Corp, and the Founder of commercial lending aggregator, ReadyLendGo talks us through his assessment of the economy based on history and experience, and the best asset class to invest in to win against inflation. Let’s get right into it.  [00:01 - 14:30] Opening SegmentArthur talks about his experience growing up in the Soviet UnionA soldier in a communist country[14:34 - 37:20] Successful Investors Learn From HistoryProtect your asset through real estate How Arthur started in the commercial real estate businessThe effect of technology on productivity and inflationReal estate as an inflation hedgeArthur’s prediction on the 2022 economy amidst pandemicWhat’s a universal basic income and how does it impact AmericansArthur talks about inequality and its effects both on the rich and poor[37:21 - 41:27] Wrapping Up!Buy properties easier with ReadyLendGoConnect with Arthur on the links belowKey Quotes“I learned that buying and investing in real estate is the only way you could save your funds and save your savings and actually make anything like real estate.” - Arthur Drozd ------------------------------------------------------------------------------------------Connect with Arthur on LinkedInConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

As employees are gradually returning to the workplace, so are the cyberattacks becoming imminent putting the companies at a greater risk. Establishing cybersecurity with a service provider you can trust takes away the headaches of having to deal with data breaches which may cost the company much more than the cost of cybersecurity.David Kakish, the President and CEO of RIA Workspace joins us today to talk about cybersecurity, the best practices we could do at our workplace, and how to evaluate a service provider and combat cyberattacks. He is an author, a successful entrepreneur, and an advocate for better, more secure IT. Plus, a gift from David, a free cybersecurity checklist![00:01 - 04:40] Opening SegmentWelcoming David to the show Registered Investment Advisor (RIA) definedDownload David’s free cybersecurity checklist [04:41 - 30:45] Keep Your Workplace SafeThe cost of cybersecurityWhen is it time to hire an IT security  Essential Questions To Ask Your IT Services ProviderMicrosoft & Google securityCybersecurity best practicesCheck your Microsoft security score online at security.microsoft.comHow Strategic Technology Review helps you be up to date of your cybersecurity The rising cost of cybercrimeThe common reasons companies are switching cybersecurity provider[30:46 - 34:04] Wrapping Up!The threats to cybersecurity today Connect with David on the links below!Key Quotes------------------------------------------------------------------------------------------Connect with David: LinkedIn: https://www.linkedin.com/in/kakishdWebsite: www.riaworkspace.com/podcastConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Women may have what it takes to succeed in the real estate industry but there will always be the curse of inequality that they will need to deal with. AdaPia Derrico, a Principal and the VP of Strategy at Alpha Investing, a private capital network that connects investors to real estate investment opportunities shares the challenges women face in investing, how she overcame the challenges, and how looking inward to see outward is one secret recipe to her success.AdaPia is a visionary leader, entrepreneur, investor, and powerful keynote speaker who is passionate about empowerment, from spiritual to financial. Let’s get right to it![00:01 - 15:01] Opening SegmentWelcoming AdaPia to the show Adapia on why there are few women professionals in commercial real estateWhy women are better investorsWhy is it still taboo for women to earn more money[15:16 - 35:38]  Real Estate Crowdfunding: A new path for investorsHow she got into crowdfunding real estateThe right and wrong assumptions AdaPia made about crowdfunding real estateAdapia talks about the challenges she overcame before joining the AlphaCombined passion and business acumen: AdaPia’s secret to being a successful marketer[35:39 - 37:00] Wrapping Up! Connect with AdaPia on the links below!Key Quotes“Go with change. If I ever feel like I'm resisting change, it's probably because I know something big is coming and happening. I can either go down fighting, or I can accept that and try to make it a little more easeful of a move, which has not always been something that I understood, but I understand that today.” - AdaPia Derrico“The timing of things I've found in life no longer surprised me if I'm willing to just let go of control. And then the best things happen when I'm just like really open and surrendered.” - AdaPia Derrico------------------------------------------------------------------------------------------Connect with AdaPia: LinkedIn: https://www.linkedin.com/in/adapia/Website: https://www.adapiaderrico.com/    https://www.alphai.com/Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

The COVID-19 pandemic caused significant business disruption around the world, especially on travel and tourism. Sunny Desai is the Founder and CEO of Mississippi-based Desai Companies, joins us today to talk about how his success in the hospitality industry, the strategy that keeps them going and expanding amidst the pandemic.Desai Companies is a holding company with focuses on the real estate, construction, and e-commerce industries. Their primary business is Desai Hotel Group, a vertically integrated hotel company.[00:01 - 07:41] Opening SegmentWelcoming Sunny to the show Dealing with challenges in the hotel industryManaging the workforce efficiently through the Virtual Team[07:42 - 28:16] Strategic Management of the Hospitality IndustryWhy his family left India: Difference in work ethic and cultureLeveraging on your current asset for growthThe common misconceptions about the hotel industryThe impact of the COVID-19 pandemic and its lasting effect on the hospitality industry Sunny’s take on the effect of inflation on real estateOpportunities in foreclosed hotels[28:17 - 32:29] Wrapping Up!The management model that enabled Sunny’s team to expand in businessConnect with Sunny! (links below)------------------------------------------------------------------------------------------Connect with Sunny:LinkedIn : https://www.linkedin.com/in/sunnysdesai/General Information: www.desaicompanies.comHotels: www.desaihotelgroup.comFor interested investors: www.Desaiinvestmentgroup.comConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

With the COVID-19 pandemic and increased market volatility, investors are now forced to look for assets that will be resilient throughout the economic cycle. Farmland is gaining more recognition as an attractive asset class and we are joined today by Chris Chard, an Investment Manager at Sower Farmland to discuss why you should invest in agricultural farmland assets.Chris has a background in Investment Sales and Agriculture. After graduating from business school he has focused for over 25 years on helping Advisors and Institutional Investors become more diversified and successful with their investments. Let’s get right to it.[00:01 - 13:23] Opening SegmentWelcoming Chris to the show From investment advisor to agricultural investor[13:24 - 30:11] Things You Should Know Before Investing in FarmlandThe impact of technology on farmland investmentFarmland’s resilience in the pandemic and recessionChris talks about the yield component of the investmentThe impact of climate change on agriculture investment[30:12 - 33:49] Wrapping Up!Chris on why you should invest in agricultural farmland as an asset class todayConnect with Chris (See details below)Resources MentionedThe Black Swan: The Impact of the Highly Improbable------------------------------------------------------------------------------------------Connect with Chris:Email:CChard@SowerFarmland.com Phone: 651 295-9776Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

The art world is ever-changing, yet we’ve never seen so much progress in any industry within such a short period of time. We are joined today by Nicole Sales, the Business Director of Digital Art Sales at Christie’s sharing with us how NFT and blockchain technology are changing the art world and providing new ways of thinking about the exchange of value in the art space.Nicole is responsible for the business strategy and operations of Christie’s NFT program. She joined Christie’s in 2012 and has held various positions, primarily within the 20th and 21st Century Art departments. Nicole holds an MBA from Columbia Business School and BA in Art History and Economics from Duke University.[00:01 - 10:07 ] Opening SegmentWelcoming Nicole to the show  2022 Art Basel in Miami[10:08 - 32:46] The Shift of Traditional Modern Art Space to NFTNew clients' demographics and their business impactManaging crypto space vulnerabilitiesOn-chain-off-chain custody explainedNFT’s digital art boom from pre to post COVID The importance of brokerage in acquiring art piecesHow NFT is transforming the roles of the artistsNFT’s environmental impactMetaverse as the future of auctionsMaintaining the brand amidst digitalizationChristie’s customer avatar: People who love luxury[3:48 - 35:14] Wrapping Up!Nicole rooting for DukeConnect with Nicole on the links below ------------------------------------------------------------------------------------------Connect with Nicole: Twitter and Instagram: @nicoleasalesWebsite: https://www.christies.com/enConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.

Younger generations of philanthropists are moving in a different direction in this new era of philanthropy reshaping the philanthropic world as. we know it. We are joined today by Sharna who is today’s leading expert on multigenerational and next-generation philanthropy and—as a next-gen donor herself—offers a trusted insider’s perspective. As founder of 21/64, a nonprofit practice serving next-gen and multigenerational philanthropic families, Sharna has developed the industry’s gold-standard tools for transforming how families who give will define their values, collaborate, and govern in the decades ahead. She has been a leading and consistent presence in the philanthropic field for two decades and is known for her quiet gravitas and insight. Today, prominent nonprofits, philanthropic networks, and foundations look to Sharna for her expertise in training, facilitation, and as a keynote speaker, regarding next-generation engagement and multigenerational advising.[00:01 - 04:00 ] Opening SegmentWelcoming Sharna to the showThe issues that investment advisors face with multi-generational family[04:01 - 35:41] The Next Generation of PhilanthropistsCreating an Impact: The motivation of next-gen and Millenials todayVoluntary giving versus obligatory - which appeals to the next generation the mostThe blurred line between philanthropy and investingThen philanthropic vehicle for Next Generation and MillennialsCheck out other philanthropic resources below [35:45 - 37:17] Wrapping Up! What is 21/64 and how do they help the big donors of today create an impact?Key Quotes “We really see next-gen is sort of future leaders.” - Sharna“I think the more transparent they (organizations) can be, the more you'll be able to build relationships with next-gen donors… But I think for both ends of the spectrum, they both want information, transparency, communication, clarity about where their dollars, whether they get the advice, and they have their own ideas.” - Sharna------------------------------------------------------------------------------------------Resources MentionedGeneration Impact: How Next Gen Donors Are Revolutionizing GivingGen Impact AccelaratorStrangers in Paradise: How Families Adapt to Wealth Across GenerationsMacKenzie ScottConnect with Sharna:Website: www.2164.netTwitter: https://twitter.com/2164buzz/LinkedIn: https://www.linkedin.com/company/2164philanthropy/Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.