Perennial Pride

In this episode of The Perennial Pride Podcast, Tom and Kira break down one of the hottest—and most controversial—financial headlines: the potential introduction of a 50-year mortgage. They unpack what this could mean for first-time homebuyers, investors, affordability, long-term debt, and the already-strained housing market. From rising interest rates and distorted market forces to cash-flow strategies and real estate investment implications, this conversation cuts through the noise to help you understand the good, the bad, and the ugly behind ultra-long mortgages. If you're trying to make sense of today's housing landscape—or wondering whether a 50-year loan is a lifeline or a long-term trap—this episode gives you the clarity you need.

Episode Highlights

01:54 - Financial implications for first-time homebuyers.

06:01 - The rise of the average first-time homebuyer age.

11:46 - Interest rate impact on home affordability.

14:35 - Early mortgage payoff considerations.

18:50 - Inflation's role in mortgage strategy.

21:20 - Real estate investment and 50-year mortgages.

32:56 - Government's involvement in housing markets.

39:17 - Long-term financial planning with mortgages.

Episode Resources

• perennialpride.com

Continuing on this final episode with Brandon Jenkins, Tom and Brandon explore the multifaceted nature of leadership, emphasizing the importance of self-leadership, trust, and humility. They discuss the challenges leaders face when transitioning from individual contributors to team leaders, the significance of fostering a collaborative team culture, and the necessity of connecting individual values to team goals. They highlight the role of accountability and the need for leaders to create an environment where open communication and feedback are encouraged. Ultimately, the conversation serves as a guide for aspiring leaders to embark on their journey of personal and professional growth.

Episode Highlights

04:51 - Leadership is personal: born or made?

05:37 - Self-leadership as a foundational aspect.

10:02 - Recognizing unique blueprints in team members.

13:55 - The challenge of transitioning from expert to leader.

16:44 - The significance of authenticity in leadership.

19:58 - Building trust through genuine actions.

30:15 - Empowerment versus micromanagement.

32:45 - Letting go: balancing control and delegation.

36:50 - The power of asking questions to foster connection.

40:29 - Consistency in reinforcing team culture and feedback channels.

45:30 - Accountability partners as tools for growth.

50:06 - Starting with self-reflection to identify core values.

Episode Resources

• perennialpride.com

Continuing in this four part series, Tom and Brandon talk about the impact of beliefs and assumptions on personal behavior and potential. He emphasizes how these ingrained beliefs, often formed from early life experiences, can unconsciously dictate actions and hinder personal growth. By becoming aware of these underlying assumptions, individuals can unlock their true potential and make more intentional choices in their lives. Tune in next week for part four!

Episode Highlights

05:36 - Golden Path fallacy.

07:58 - Self-awareness unlocks fulfillment.

10:35 - Embracing unique leadership.

13:31 - Leaders not having all the answers.

17:54 - Empowering and unleashing team potential.

23:26 - Connecting values to organizational purpose.

33:04 - Reflecting to identify passions.

35:39 - The importance of curiosity.

Episode Resources

• perennialpride.com

• tieronecoaching.com

• Connect with Brandon Jenkins

• [email protected]

In part two of this series with Brandon Jenkins, Tom and Brandon explore the concept of resilience, its importance in personal and professional growth, and practical strategies to cultivate it. They discuss the significance of understanding one's purpose, the cycle of aligning actions with that purpose, and the mindset required to navigate challenges. Things such as community, preparation, and mindfulness help building resilience and achieving success. Stay tuned for part three!

Episode Highlights

01:20 - Building resilience in life.

05:57 - Align, Act, Assess, Adjust framework.

07:11 - The importance of a resilient mindset.

10:09 - Pressure rehearsal and authentic thinking.

12:18 - The power of chair flying.

14:53 - Handling stress as a leader.

17:40 - The concept of a pre-mortem.

23:00 - Disconnecting identity from failure.

26:51 - The value of leadership ready rooms.

31:35 - Owning the controllable mindset.

39:06 - Importance of recovery and resets.

Episode Resources

• perennialpride.com

• tieronecoaching.com

• Connect with Brandon Jenkins

• [email protected]

In this first episode of a four part series, Tom Suvansri and Brandon Jenkins explore the concept of purpose and fulfillment in life. They discuss the importance of understanding one's personal purpose, the pitfalls of following societal expectations (the golden path fallacy), and the significance of introspection and mindset shifts. Brandon shares insights on creating a blueprint for clarity in one's life and the value of conducting an energy audit to identify what truly energizes and fulfills individuals. They emphasize the ongoing journey of self-discovery and the importance of aligning one's actions with their values and passions. Be sure to tune in next week for Part 2.

Episode Highlights

03:54 - Understanding your purpose.

12:26 - The concept of the "Golden Path" in careers.

20:22 - Blueprint process for finding purpose.

37:37 - Practical first steps: an energy audit.

Episode Resources

• perennialpride.com

• https://tieronecoaching.com/

• Connect with Brandon Jenkins

• [email protected]

In today's episode, Tom Suvansri and Deb Snyder discuss the challenges faced by small business owners and the importance of effective planning for future success. Deb shares insights from her experience at Cultivate Advisors, emphasizing the need for a mindset shift towards enterprise value and strategic planning. They explore the significance of setting SMART goals, the role of team buy-in, and the necessity of having a clear vision for the business. Tune in to hear more about this and the common myths about business planning and the importance of preparing for unexpected events.

Episode Highlights

01:43 - Enterprise value as a paradigm shift for business owners.

02:55 - Importance of working on the business, not just in it.

05:32 - Planning for 2026: Why it's important now.

06:45 - Rewrite of traditional business plans to simpler formats.

07:50 - SMART goals explained.

09:44 - Breaking down business goals into 90-day sprints.

13:45 - Highlighting enterprise value, financials, and business health.

17:46 - Bringing team members into business planning.

19:59 - Importance of key performance indicators (KPIs).

21:37 - The reality of business exits and planning for succession.

25:20 - Employee buy-in as part of the planning process.

27:50 - Having regular review meetings for business plans.

30:02 - Importance of not making the same mistake twice.

Episode Resources

• perennialpride.com

• Connect with Deb Snyder

• [email protected]

In this conversation, Tom Suvansri and Mark Hutchinson delve into the concept of Infinite Banking, exploring its principles, misconceptions, and practical applications for both personal and business finance. Mark shares his journey to discovering Infinite Banking, emphasizing the importance of financial education and stewardship. The discussion highlights how Infinite Banking can serve as a powerful tool for cash flow management, legacy planning, and investment strategies, ultimately leading to financial freedom and control over one's wealth.

Episode Highlights

04:43 - Explaining the Infinite Banking Concept.

05:56 - Misconceptions about whole life insurance.

07:31 - Benefits of Infinite Banking for businesses and individuals.

12:02 - Control over financial systems, minimizing lost opportunity cost.

14:36 - Example of using IBC for business expenses.

16:59 - Long-term financial strategies using Infinite Banking.

21:19 - Generational wealth and financial education.

25:22 - Infinite Banking as a tool for investments.

30:10 - Risks and strategies in personal and business investments.

35:33 - Building financial freedom with Infinite Banking.

Episode Resources

• perennialpride.com

• Connect with Mark Hutchinson

• [email protected]

In this episode, Tom discusses the importance of early financial and tax planning as summer comes to an end. He emphasizes the need for proactive strategies to mitigate taxes and highlights common misconceptions about tax planning. The conversation covers various opportunities for business owners, investment strategies, charitable giving, and family legacy planning. Tune in to get insights into maximizing your financial potential.

Episode Highlights

01:14 - Tax planning awareness.

02:14 - The importance of early action.

02:56 - Capital gains tax lesson.

04:18 - Consulting professionals for tax strategy.

06:00 - Proactive vs. reactive tax approach.

11:09 - Misconception: Wealth and tax strategy.

13:54 - Real estate tax advantages.

14:44 - Charitable donation strategies.

18:00 - Avoiding tax procrastination.

20:09 - Taking ownership of financial life.

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

Joining Tom today is Marlene Amata, a seasoned tax accountant, who shares about the evolution of tax planning and the importance of collaboration in financial services. Marlene shares her journey from disliking accounting to finding passion in helping clients navigate their financial lives. They discuss the concept of the Virtual Family Office (VFO) and how it can provide comprehensive support for clients, emphasizing the need for collaboration among professionals to better serve clients' needs. Take a listen to hear more about the value of having a supportive network.

Episode Highlights

[01:25] Overcoming Initial Disinterest in Accounting

[02:29] The Impact of the Entertainment Industry on Career Choice

[03:45] Transition from Traditional Accounting to Client-Focused Service

[06:10] Tax Planning: Downside of Success?

[11:04] Virtual Family Office: A Modern Take on Rockefeller's Legacy

[12:45] Leveraging Networks: Avoiding Solitude in Expertise

[16:20] Breaking Down Silos: The Future of Client Services

[20:39] Common Missteps in Tax Strategy for New Entrepreneurs

[23:40] Ignored Risks: A Business Owner's Blind Spot

[28:00] Community and Collaboration: The New Key to Success

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 of the Perennial Pride podcast, Tom talks about the growing trend of solopreneurs and the importance of planning for the unexpected in business. He emphasizes the need for solopreneurs to establish a solid foundation, including legal structures and financial safeguards, to protect their assets. Tom also highlights the significance of succession planning and mindset shifts necessary for long-term success. The episode provides practical advice for solopreneurs to ensure their businesses are prepared for unforeseen circumstances and to maximize their value.

Highlights

05:55 - Unforeseen Health Crisis Impact

06:56 - Preparing for Business Disruptions

07:02 - Strategies for Business Continuity

09:01 - Implementing Legal Structures

09:26 - Importance of Documentation

09:45 - Financial Safeguards for Businesses

12:04 - Training Successors

13:12 - Buy-Sell Agreements

16:09 - Mindset Shift for Solopreneurs

18:00 - Protecting Your Business Asset

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