Millionaire Mindcast

A Builders Mentality - Building Turnkey Rentals, Strong Kids, A Healthy Marriage, And A Big Bank Account | Jim Scheils


Listen Later

Today, we have a huge guest, Jim Sheils who shares frameworks that impacted a lot of people and families, how to achieve a legendary family life, having honest and brutal inventory to oneself, building turnkey rentals, and achieve financial and time freedom!

Jim Sheils is a father, husband, real estate investor, Wall Street Journal best-selling author, and owner and founder of the family education company, 18 Summers, a company that specialize in retreats, workshops and private consulting for family focused companies, entrepreneurs and professionals looking to strengthen their family lives while still succeeding in business.

He is renowned as the "Crazy Glue" for entrepreneur families. His famed "Board Meeting" method and other basic frameworks are assisting thousands of business executives worldwide in reconnecting home. He wrote the book "The Family Board Meeting. Jim is also a partner of Southern Impression Homes, a firm that builds rental portfolios for private investors and institutional buyers (American Homes for Rent, Haven Realty, Crescent APL, Mynd).

Real estate has been Jim’s core. He grew up with money as their main problem in the family, thus, he wanted to be successful in life to do all the things that his father wasn’t able to do. At the same time, wanted to see other business owners and investors not just success in business and investing but as well as at home. Now, as Jim is reaping the fruits of sacrifice and hardworks, while trying to make the most of life of entrepreneurs. This is to have fun and keep connection with families along the way. He created turnkey models and process that creates opportunities to more investors coming in! 

 

Some Questions I Ask:

When somebody ask who’s Jim Scheils, what do you say?

How people can build wealth without sacrificing their family, values, and the things that are really important to them in that process?

How were you going that decision-making process and matrix going forward?

Where did the family board meeting and 18 Summers come about?

What is 18 Summers and why is that number matter?

What do you think the greatest challenges that parents are facing today that should be spotlighted?

Talk a little bit about your build-to-rent business, and why are you guys believe in that model?

Who is your ideal investor and how much capital are they thinking they should bring to the table, and what kind of returns they should be looking at?

 

In This Episode, You Will Learn:

Being successful in business, investing, and at home.

Why you must take an honest inventory of yourself.

Jim’s spaghetti string.

How to achieve a legendary family life.

The family board meeting strategy.

The power of date night with the question.

The pros of having teen night and Mastermind.

 

Quotes:

“Before you figure out what’s next, figure out what’s important.”

“I wanted to leverage my real estate to have a legendary family life.”

“The mission came before the money.”

“Quality time is key.”

“95% of the world is broken unhappy, so do the opposite.”

 

Connect with Jim Scheils on: 

https://jjplaybook.com/

https://www.18summers.com/

 

Sponsor Links:

Accredited Investor List - Text "DEALS" to 844.447.1555

Free Financial Audit: Text "XRAY" to 844.447.1555

Upcoming Events: Text "Events" to 844.447.1555

Millionaire Notes: Text "Notes" to 844.447.1555

Connect with Matty A. and Text me to 844.447.1555 

 

Show Brought To You By: www.MillionaireMindcast.com

Questions? Comments? Do you have a success story you would like to share on the show? 

Send us an email to: [email protected]

 

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

Millionaire MindcastBy Matt Aitchison

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

707 ratings


More shows like Millionaire Mindcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,777 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,866 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

991 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

586 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,402 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

420 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

417 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

515 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

616 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

291 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,132 Listeners

On The Market by BiggerPockets

On The Market

898 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

700 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

982 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

843 Listeners