Hope is not a strategy – Building a Legacy of Genrational Wealth

What are you most worried about for the future?

With the shrinking middle class, homeownership becoming more challenging, and the active consolidation of wealth and assets I am focused on passing along assets for my kids and grandkids. The next generation is facing a life of servitude without ownership unlike any previous generation.

While I can raise them right and hope for the best, hope is not a strategy. At the end of the day, I have come to realize that simply relying on hope alone is not a viable approach. While it is important to instill strong values and principles in our children, it is equally important to recognize that tangible actions and effort are needed. As a responsible parent, I understand the necessity of being proactive and implementing strategies that will set up a brighter future for my children.

My plan for the next 10-15 years is to build a portfolio of business, holdings, and assets under a family-holding LLC. By acquiring small, established, and profitable businesses not only will they generate a revenue stream for many years, but as managing members of the LLC, the businesses will live on generationally without me.

While many acquisitions would have operators in place, or at least the ability to install an operator, there are opportunities for the family to become owner-operator for some of these too. To explore businesses that align with interests and passions. The future possibilities are astounding in scope and scale.

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