Perennial Pride

Listen in as Tom delves into the core virtues of courage, temperance, justice, and wisdom and how they can transform your life and financial journey. He reflects on the importance of these virtues in personal growth, building wealth, and making a positive impact on others. Discover how embracing these virtues can lead to a more fulfilling and meaningful life. Tune in for insights and inspiration on living a life of purpose and prosperity.

Highlights 01:18 Tom's personal journey and fascination with the philosophy of Stoicism 02:07 The concept of living virtuously as per Stoicism and how it relates to overall life fulfillment and financial control 03:06 The four key virtues of Stoicism 07:13 The virtue of courage to try new things and take risks 08:28 Temperance: Moderation and balance that are crucial for facing unexpected life and financial events 11:18 The virtue that is centered around service and how it impacted Tom's life 14:36 Wisdom, considered as knowledge and self-reflection, that resonates with time and experience, is deemed essential for lifelong learning and financial ownership

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

Take a listen as Tom welcomes special guest Jesse Raynes, Managing Partner at Inception Financial. They dive into innovative wealth-building strategies that you won't find elsewhere. Jesse's career evolution from Hollywood actor to solar executive has paved the way for a unique approach to tax mitigation and generating yield. Explore how this turnkey opportunity lets you repurpose existing expenses into assets that not only save you money but also provide significant tax advantages and potential cash flow.

Highlights 01:28 Jesse's background of the solar industry, its growth, and work in selling assets off to large institutional buyers 04:49The state of the solar industry and its projected growth 07:38 Benefits of Inception Financial's service for mid to high net worth clients 11:30 How Inception Financial ensures clients can meet their requirements 14:19 Shifting money for tax payments into asset purchasing 20:40 Addressing concerns around the risk of an IRS audit when investing in their strategy 22:24 The importance of keeping an open mind when exploring investment opportunities 24:46 Best ways to reach out to Jesse and more about Inception Financial

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Jesse Raynes
• https://www.inception.financial/
• https://www.linkedin.com/in/jessedraynes

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

In today's episode, Tom shares practical insights for reshaping your wealth journey. Discover the importance of generating cash flow and explore tips for investing in yourself, diversifying income sources, and optimizing tax strategies. Unlock a prosperous financial future with a fresh perspective on wealth-building.

Highlights 01:23 The necessity of money for financial freedom and quality of life 04:09 Tom's personal views on the need for combining long-term investing with living in the present and generating immediate cash flow 05:50 How you can buy back more of your time using your assets 07:12 The value of investing in developing new skills and areas of knowledge 11:50 Benefits and challenges of direct real estate ownership 13:07 The importance of efficient tax planning to keep more of your wealth 15:09 The shift in mindset from building net worth to creating income streams

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

Welcome to today's podcast! Tom welcomes franchise consultant Kim Daly to the show. They share their common ground in parenting and the pursuit of opportunities for change. Kim's journey from a nutritional biochemist to a franchise consultant unfolds, revealing the power of unexpected twists. The discussion dives into the essence of franchising – a proven business model that offers a faster track to success. She emphasizes the collaborative nature of the franchise community, debunking myths about entrepreneurship's isolation. The episode concludes by exploring brand equity and the potential for remarkable returns within the franchise world. Join Tom for an engaging conversation about seizing opportunities and transforming lives through franchising.

Highlights 01:00 How Kim got into the franchising space 04:10 Kim's passion and enjoyment in being a franchisee for the past 21 years 07:12 What franchising really means 12:40 The spectrum of opportunities in franchising 16:00 The importance of knowing the level of support a franchise agreement comes with 21:45 Significance of financial stability for entrepreneurs looking to start a business 25:19 Knowing why you want to invest in a franchise and how this investment will change your life 29:05 Why owning a business is one of the best routes to achieve true financial security 33:34 The best time to invest in a franchise and the potential benefits of being a pioneer investor 35:25 Different resources on franchising

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Kim Daly
• https://thedalycoach.com/
• https://www.youtube.com/@TheDalyCoach

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

Join Tom in this episode as he explores a unique approach to financing college education for his children. As his sons approach their high school years and college decisions loom on the horizon, Tom shares valuable insights into empowering kids to take ownership of their futures. This episode offers a fresh perspective for parents navigating the challenges of funding higher education, providing inspiration on how to prepare your children for college while nurturing their ability to make informed decisions and take charge of their own lives. Don't miss this insightful discussion on a forward-thinking approach to college financing.

Highlights 02:13 Treating college as an investment for the financial perspective and for personal growth 05:37 Open-mindedness towards various education paths, including the possibility of not going to college immediately 08:17 Different approaches to financing college education: Parents paying vs students taking on loans 09:10 Encouraging children to have a financial stake in their college education for meaningful engagement 10:13 Capsulation of this approach towards financial partnership in funding education 12:06 Importance of children experiencing personal ownership in their educational journey

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

In this episode, Tom chats with Stephanie Walter, a real estate entrepreneur with a family legacy of business. From a regular job to founding her own insurance agency in 2005, Stephanie's journey was guided by her father's wisdom. She ventured into real estate, now managing $300 million in assets through syndication. Discover the power of mentorship, collaboration, and seizing opportunities in this inspiring conversation by tuning in today!

Highlights 01:00 Stephanie's entrepreneurial background 04:06 How her interest in buying apartments led her to a boot camp where she learned about syndications 06:17 The transitional phase from her job to owning an insurance company and the challenges it entailed 10:15 How a change in mindset - from accumulating assets to using them for cash flow - allowed her to replace her income and ultimately sell her insurance agency 17:22 The importance of collaborating with others with complementary skills in the syndication business 20:40 The focus on class B apartments in Florida and retail spaces as investment opportunities 22:54 Personal finance misconceptions and comparison with corporate investment strategies 26:04 The importance of knowing what you want to achieve with your money through diversification and strategic planning 29:30 The myths surrounding taxes and how the wealthy strategize for their taxes 34:33 The need to diversify not just within stocks or mutual funds but also in tangible investments and taking control of your finances

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Stephanie Walter
• https://erbewealth.com/about/

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

Join Tom in this thought-provoking podcast episode as he reflects on the uncertainties of life and the importance of preparing for unexpected events. Drawing insights from tragic incidents, philosophical wisdom, and personal experiences, Tom discusses the significance of comprehensive protection, the value of time, and the power of taking action. He emphasizes the necessity of planning for worst-case scenarios, prioritizing meaningful moments, and building passive income streams to secure a fulfilling future. By embracing a proactive approach and making incremental steps, you can shape your destiny and achieve the freedom and security you desire. Tune in for practical advice and actionable insights that will empower you to take ownership of your future and live life to the fullest.

Highlights 01:48 Precautions that people can take and areas that could impact our lives including death, job loss, divorce, lawsuits, and investment struggles. 03:07 A quote from Ben Franklinabout failing to prepare and the need for financial security 05:33 The need for health insurance and estate plans as well as saving money for emergencies or potential opportunities 07:04 Recognition of time as a scarce resource and the need to enjoy, have personal time, and spend it with the right people 08:48 Tips on generating passive income to free up personal time and opportunities to serve yourself, your family and your communities 10:12 The need to think long term but act short term 11:40 Why you should take the next steps strategically and progressively to move forward towards goals 12:56 How you can learn from mistakes, move forward, adapt, and evolve as part of the journey towards a secure future

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

In this exciting episode, Tom is joined by Joey Mure, co-founder of Wealth Without Wall Street and host of the Wealth Without Wall Street podcast. Joey shares his journey from a corporate job with limited financial knowledge to discovering the path to financial freedom and passive income. They discuss how he stumbled upon the concept of infinite banking and realized the importance of taking control of his finances. He emphasizes the need to invest in yourself and explore alternative ways to generate passive income beyond traditional investments like 401(k)s. Tune in to this episode to learn more about Joey's journey and the valuable lessons he has to share about achieving financial independence.

Highlights 02:42 The societal messages and misconceptions around money and wealth 05:37 The catalyst moments that prompted Joey's desire for change 07:57 Their perspectives on the importance of purpose and service 10:02 The often overlooked value of time and its relation to financial freedom 15:21 How Joey discovered the infinite banking concept and how it revolutionized his financial perspective 19:00 The roadblocks to financial freedom and the underutilization of cash 22:36 The experience of personally providing private mortgages for two individuals who didn't fit the mold of traditional financing 24:53 Joey's appreciation and feelings for the life and time he has with his five daughters, a product of his shift towards financial freedom 37:12 Their passive income performances publicly to hold themselves accountable and inspire others 42:02 Resources on the investor DNA profile

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Joey Mure
• [email protected]
• https://www.wealthwithoutwallstreet.com/
• https://www.linkedin.com/in/joey-mure-b376824

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

In today's special episode, Tom takes a moment to appreciate the simple joys of life amidst the hustle and bustle of the holiday season. As he reflects on time and the importance of family, friends, and gratitude, he reminds us all to pause and cherish the moments that truly matter. Tune in for a dose of inspiration, recharge your spirit, and embrace the upcoming year with renewed energy. From all of us at Perennial Pride, we wish you a wonderful Thanksgiving filled with warmth and reflection!

Highlights 00:31 The importance of taking a pause, taking a break from life's constant flow, and reflecting on aspects of life that seem to move very fast, such as children growing up. 01:29 Taking time to pause and reflect on something they you are grateful for as Thanksgiving approaches 02:49 Tom's gratitude towards the listeners of the podcast and his intention for starting the podcast, which is to educate and empower the listeners regarding their finances

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

In this final episode, Tom and Jeremy Kessler delve into the complexities of future taxation. They discuss the potential impact of changing tax rates, the Trump tax laws set to expire in 2025, and the looming challenges with estate taxes and government debt. With humor and expertise, they explore strategies for safeguarding your wealth and staying ahead of the evolving tax landscape. Whether you're a business owner or an individual looking to protect your financial future, this episode offers valuable insights and practical advice. Don't miss this candid conversation about the ever-changing world of taxes and how to navigate it successfully.

Highlights 01:16 The key things that can impact the sunset of tax rates 03:36 Recommendations on financial planning strategies, including the use of tax-free vehicles like Roth accounts, to mitigate future high taxation 04:30 The importance of not putting all your assets in one place and diversifying your wealth into different investment areas 06:18 What people don't consider when choosing between Roth and IRA 10:14 The importance of planning for estate taxes 12:17 Increased healthcare costs and social security implications on future finances, signaling a potential future increase in tax rates 13:05 How to get professional help for financial planning especially for bigger states to prevent possible financial adversities in the future

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Jeremy Kessler
• [email protected]
• https://thesteelbreeze.com/

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify