The ONE Thing

141. The Family Office: How Multi-Millionaires Think About Wealth Creation | Richard C. Wilson


Listen Later

How do you think about creating wealth… or do you even think about it?   In this episode, we reveal the mindset required to create a net worth of $20M, $100M, or even more. The people we are talking about today did not inherit their money – they just think differently about wealth creation.   To teach us about this mindset, we are talking to Richard C. Wilson, CEO of the Family Office Club Association, the largest community in the industry with offices that manage in excess of $1 Trillion in Assets Under Management.    

In this episode, you will learn...

  • [9:30] The strategic habits that can make your someday vision a reality.
  • [13:50] How to identify what you should be focusing on learning.
  • [23:00] What Richard’s clients focus on to create a long-term competitive advantage.
  • [26:50] Where you should invest your funds.
  • [32:30] The ONE thing you can do, over time, to make an executive team opportunity easier or unnecessary.  

  • The ONE Thing to Implement From This Episode:

    The people who achieve extraordinary financial success, in Richard’s experience, didn’t get there through diversification – they got there through focus and planning.   They understood what the big, long-term goal was and they made sure their actions, every day, were aligned and in integrity with their vision.   Of everything you heard in this episode, what’s the ONE thing you can do to make achieving that lifestyle easier or unnecessary? Think BIG, and then go really small.  

    Links & Tools From This Episode

    • Learn more at familyoffices.com
    • Connect with Richard: Twitter | LinkedIn
    • Want to join Jay & Geoff for the very first The ONE Thing Mid-Year Reset Retreat (June 23rd & 24th in Austin, TX)? Head over to the1thing.com/resetretreat.  


    • AWESOME FREE RESOURCES FOR YOU!

      • Get more support & accountability: Join the Living Your ONE Thing Community
      • Form your first power habit with your 66 Day Challenge Calendar
      • Check out our awesome blog!

      • Mentioned in this episode:

        Factor 75

        Head to FactorMeals.com/one50 and use code one50 to get 50%

        off. That’s code one50 at FactorMeals.com/one50 to get 50% off!

        Factor 75

        ...more
        View all episodesView all episodes
        Download on the App Store

        The ONE ThingBy Keller Podcast Network

        • 4.8
        • 4.8
        • 4.8
        • 4.8
        • 4.8

        4.8

        1,090 ratings


        More shows like The ONE Thing

        View all
        BiggerPockets Real Estate Podcast by BiggerPockets

        BiggerPockets Real Estate Podcast

        16,725 Listeners

        Real Estate Rockstars Podcast by Aaron Amuchastegui

        Real Estate Rockstars Podcast

        879 Listeners

        Progress Mode with Brendon Burchard by Brendon Burchard

        Progress Mode with Brendon Burchard

        3,597 Listeners

        Achieve Your Goals with Hal Elrod by Hal Elrod

        Achieve Your Goals with Hal Elrod

        1,335 Listeners

        The Tom Ferry Podcast Experience by Tom Ferry

        The Tom Ferry Podcast Experience

        1,116 Listeners

        The Tony Robbins Podcast by Tony Robbins

        The Tony Robbins Podcast

        6,345 Listeners

        It's a Good Life by Brian Buffini

        It's a Good Life

        2,520 Listeners

        THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

        THE ED MYLETT SHOW

        13,997 Listeners

        The Martell Method w/ Dan Martell by Dan Martell

        The Martell Method w/ Dan Martell

        572 Listeners

        Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents by D.J. Paris

        Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents

        275 Listeners

        The Double Win by Michael Hyatt & Megan Hyatt-Miller

        The Double Win

        1,433 Listeners

        Ninja Selling Podcast by Ninja Selling

        Ninja Selling Podcast

        324 Listeners

        Empire Building by Keller Podcast Network

        Empire Building

        423 Listeners

        The BetterLife Podcast by Brandon Turner and Cam Cathcart

        The BetterLife Podcast

        851 Listeners

        The Millionaire Real Estate Agent | The MREA Podcast by Keller Podcast Network

        The Millionaire Real Estate Agent | The MREA Podcast

        393 Listeners

        BigDeal by Codie Sanchez

        BigDeal

        920 Listeners

        The Color of Money | Transformative Conversations for Wealth Building by Keller Podcast Network

        The Color of Money | Transformative Conversations for Wealth Building

        32 Listeners

        Think Like A CEO with Gary Keller & Jay Papasan by Keller Podcast Network

        Think Like A CEO with Gary Keller & Jay Papasan

        2 Listeners