Jan 19, 2022
On this episode, Jake and Gino talk about the concept of “Long-Termism” and what it means to have a long-term mindset around your personal financial planning. Long term financial planning can pay you back in the form of legacy wealth and skills. It is about values that you carry with you, that guide you to reach your financial goals.
What you want to avoid is the opposite- the ‘Shiny Object Syndrome.’ This short-term mindset neither lets you think in terms of legacy wealth nor lets you become the master of any trait. Age doesn't matter but mindset does in long-term-ism.
Quick Tip: Read 'The Honey Bee'. The book is one of Jake and Gino’s most recommended business parables to add to your reading list. It is packed full of advice that you can actually use in your journey to become an entrepreneur and to grow your personal wealth: https://jakeandgino.com/honeybee/
Key Insights:
00:00 Introduction
02:00 Long-Termism demands you to take
responsibility for your financial legacy
03:51 Education x Action= Results
06:30 Take care of yourself first, to have impact
on others
09:01 Having a long-term mindset in multifamily
real estate business
13:00 Shiny Object Syndrome
15:33 Age doesn't matter, but mindset does
matter
18:20 Acquire legacy skills
19:20 Wrap-up
Check out the "Honey Bee" book on our website: https://jakeandgino.com/honeybee/
BONUS Resources:
Download our eBook on how you can leverage on our Dual Asset
Strategy and become your own source of financing: https://100yearrei.com/ebook-download/
NEXT Step:
If you want to learn more on why should add a cash value Whole Life
Insurance Policy to your financial plan (and even the plan for your
children), get in touch with our Team here: https://100yearrei.com/callnow/
About The 100 Year Real Estate Investor
The Whole Life Insurance Policies offered by the 100 Year Real
Estate Investor are specially-designed. This means they work harder
toward achieving your financial objectives, no matter what they may
be. Check out this blog for 7 facts about our specially-designed
strategies that may not be true about typical whole life policies:
https://100yearrei.com/7-facts-about-specially-designed-whole-life-policies/
About Jake & Gino
Jake & Gino are multifamily investors, operators, and mentors who
have created a vertically integrated real estate company that
controls over $100,000,000 in assets under management. They have
created the Jake & Gino community to teach others their three-step
framework: Buy Right, Finance Right and Manage Right®, and to
become multifamily entrepreneurs.
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