1. Set up a will with a revocable trust. Retitle house and wealth portfolio. Funding your Trust. 2. Comparing with the Jones. 3. Over Confidence leads to Lack of Diversification. 4. Don’t buy horses 🤣 (and yachts). 5. Failure to engage the beneficiaries early enough.
@KobinaOdoro10 күн бұрын
Family office club;always learning,always an edge😊
10 күн бұрын
A good point about family communications leading to good governance.
@jenniferfairchild185810 күн бұрын
Longevity is important.
@FamilyOfficeClub10 күн бұрын
absolutely! Longevity is indeed crucial when it comes to managing family wealth across generations. It ensures that we're making decisions today that will positively impact our descendants for years to come. Thank you for highlighting this important aspect of our discussion!
@HMFMBABY11 күн бұрын
I LOVE THIS!!! What a tough question!!
@FamilyOfficeClub10 күн бұрын
Appreciate the enthusiasm, What intrigued you the most about the panel's responses?
@DrewShah11 күн бұрын
Pierre duPont, Richard Wilson, and Family Office Club are great! Love the question to the panel of "what additional things are you personally investing into?".
@bklwealth113212 күн бұрын
Great insight. thank you!
@FamilyOfficeClub10 күн бұрын
Thank you, @bklwealth1132! Glad you found the insights valuable. Stay tuned for more enriching discussions!
@OmeliaThornton13 күн бұрын
I really enjoy Grant's knowledge and how he's changed the game of capitalism. Take note people, listen to the stats, Grant is right on target!
@syedhasanmashfik993013 күн бұрын
Interesting information
@jlm156715 күн бұрын
You guys are the ones to avoid.
@FamilyOfficeClub14 күн бұрын
Ok, thank you for the feedback! :)
@aldoroj19 күн бұрын
Fascinating insights
@FamilyOfficeClub14 күн бұрын
Agreed
@KobinaOdoro21 күн бұрын
Always learning ,always an edge...Makes things happen😂
@truckssquareincHouston23 күн бұрын
Average is painful #reslienthillsinvestment
@Usernamebtc23 күн бұрын
I’m a LENRY then 😂
@justinlu1623 күн бұрын
Insane amount learning from this panel. A scary and exciting realisation of how much I don't know and how much there is to know
I sincerely thank the senior leaders and esteemed office investors for this inspiring and insightful perspective. I will ensure to engage in further discussions and will get back to you as soon as possible. Gratitude Mr.Richard for your guidance and sharing.
@no-mt6oh24 күн бұрын
Watch in 1.75 speed
@KobinaOdoro24 күн бұрын
Always learning , always an Edge ❤
@JanPetke24 күн бұрын
Amazing!
@FamilyOfficeClub24 күн бұрын
Thank you!!!
@tzenmatteo23 күн бұрын
right?
@coptimal26 күн бұрын
Thank you for sharing this! Very helpful!
@FamilyOfficeClub26 күн бұрын
Glad it was helpful! Thank you for following our content
@coptimal26 күн бұрын
@@FamilyOfficeClub - The reciprocation section of this video was exceptional.
@julizalmi9319Ай бұрын
212 nuun..
@tshepisozungu9305Ай бұрын
Apologies if i was bypassed by such, but how do companies make it to such a space? i am really looking forward to being rated by such spectacular people with the industry of focus in my side being mining.
@FamilyOfficeClubАй бұрын
We are the Family Office Club, an investor community. By joining our community, you gain access to networking experiences and receive reviews of your material. For more details on our membership options, visit familyoffices.com/join/.
@kiattat4409Ай бұрын
name and company name censored?
@FamilyOfficeClubАй бұрын
We have the full version of the video within our member portal but hide some investors full names on our public videos. This is meant to show what our events are like and what our mobile app and web portal are like - but without making it super easy for any random person on KZfaq to reach out to the investors directly - so they don't mind us posting the videos, etc. Here are more details on our membership options - familyoffices.com/join/
@HODL8TCАй бұрын
Our major issue is that we all set up our own structures before we made it big and now the tax implications of merging them together are huge!!
@FamilyOfficeClubАй бұрын
For sure - that is common, you just have to weigh the long-term cost of those assets growing much more and keep on top of ever-changing laws around new and old structures. It does help to be well-versed in the options though so you can at least request or structure in collateral, require gross revenue royalties, preferred returns, and plan out scenarios or gain control or put in place negative controls, etc. while negotiating deals or designing your own class of sharing in an LLC etc. so you can protect yourself and your downside while taking advantage of opportunities.
@brioncrum9523Ай бұрын
So many nuggets of wisdom, but hearing about each of your spirit animals was definitely my favorite part.
@FamilyOfficeClubАй бұрын
Yes, my travel scheduled changed that week so the video quality is not amazing but Tim was for sure. I love his approach life with Gusto attitude and energy, he is so pro entrepreneur as well. We swam with turtles a few times this past week, our goal is to see an octopus (my spirit animal) in the wild now that we live in Hawaii like you.
@AbdulAwalSikder12Ай бұрын
nice video
@FamilyOfficeClubАй бұрын
Thank you!!!
Ай бұрын
Phenomenal advice. Especially the point about hiring the smartest people and utilising interns. ❤
@KobinaOdoroАй бұрын
thank you..be paitents....great Edge
@KobinaOdoroАй бұрын
Family Office Club ;always learning ,always an edge ❤
@FamilyOfficeClubАй бұрын
Thank you for following our content and learning with us! We are a perpetual learning machine and this is what we want for our community!
@mleechinАй бұрын
Thank you. Great information
@DavidMullingsАй бұрын
Real estate is great for wealth preservation and sometimes wealth creation. Your advice is spot on based on my 10 years of being in the SFO world. Too many people focus on pitching rather than building relationships and understanding what a person actually looks for. Offer to be of value FIRST, spend 18 months getting to know people and THEN make the pitch. Your events are always excellent and informational Richard.
@MahmadYahayaАй бұрын
Thanks you sr
@fadlimuhammad3811Ай бұрын
Hello good day guys still remember me
@steveflanagan5206Ай бұрын
3 pearls of wisdom.
@cf644Ай бұрын
Rog
@brandonrooks3975Ай бұрын
Always full of knowledge and value - Proud to be a Family Office Club Member and be doing life with you 💪💪
@FamilyOfficeClubАй бұрын
Thank you so much for your kind words and for being part of the Family Office Club. Let's continue to support each other on this journey and make meaningful impacts together!
@rb-ct4riАй бұрын
@@FamilyOfficeClub what's your business email ID sir?
@NFN8_MoneyMovesАй бұрын
Thanks for sharing, this was really appreciated.
@FamilyOfficeClubАй бұрын
Thank you so much for following our work and videos!
@NFN8_MoneyMovesАй бұрын
@@FamilyOfficeClub Happy to do it. I'm actually discussing with my COO today about formally joining your network. It could be a mutually beneficial opportunity.