Perennial Pride

In this podcast episode, Tom Suvansri interviews Beau Turner, founder of Abundant Mines, about the world of Bitcoin mining and its potential as a passive income source. Beau shares his journey from traditional investing in real estate to the innovative realm of Bitcoin mining, emphasizing the importance of education and understanding in navigating this space. The conversation explores the benefits of mining over simply buying Bitcoin, the evolving technology behind mining equipment, and the demographic shifts in Bitcoin adoption. Beau also highlights the environmental impact of mining and its role in energy efficiency, making a case for Bitcoin as a financial freedom tool and a significant asset in modern investment portfolios. Tap into the power of education, innovation, and passive income. Subscribe now and discover how Bitcoin mining could be your next step toward long-term wealth and financial freedom.

Highlights

02:22 - Early interest in wealth building.

03:23 - Transition from engineering to real estate.

03:59 - Bitcoin discovery and re-investment.

06:25 - The lesson from harsh experiences.

09:52 - Tangible interaction with Bitcoin mining.

10:57 - Recognition of Bitcoin's permanence.

14:31 - The advantage of Bitcoin mining over buying.

19:22 - Understanding the lifespan of mining equipment.

22:44 - Addressing energy waste in mining.

25:32 - The widespread potential of Bitcoin.

32:10 - Bitcoin as a revolutionary financial technology.

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:

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In this podcast episode, Tom Suvansri explores various perspectives on wealth building, emphasizing the importance of patience, fulfillment in work, and the impact of relationships and environment on personal success. He discusses the common rush towards financial independence and the need for deeper reflection on life choices, career satisfaction, and the significance of community in achieving long-term wealth and fulfillment. Slow down, tune in, and rethink what wealth really means to you. Subscribe now and join the conversation about building a life that's not just rich in dollars—but in meaning, purpose, and connection.

Highlights

02:01 - Paradox of Technology: More Frenzy, Less Simplicity.

02:27 - FIRE Movement: Sacrifices for Early Retirement.

05:52 - Rethinking Life Paths: Beyond Traditional Roadmaps.

06:35 - Delving Into Long-term Fulfillment and Wealth.

07:28 - Big Life Decisions: Impact Beyond Wealth.

13:26 - Experimentation Over Immediate Commitment.

14:48 - Aligning Work with Personal Values.

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 Suvansri discusses the importance of building a strong financial foundation for wealth and freedom. He draws inspiration from nature, emphasizing the need for growth and stability in our financial lives. The conversation covers various aspects of financial education, awareness, saving, debt management, estate planning, and asset protection, all aimed at empowering listeners to create a life of abundance and security for themselves and future generations. Start building your foundation today—subscribe, share this episode, and connect with us to explore how you can create lasting wealth on your own terms

Highlights

01:15 - Building foundations for future generations.

03:35 - Five areas of life requiring abundance and freedom.

05:47 - Importance of financial education.

10:08 - The significance of cash flow in personal finance.

13:20 - Saving as a key financial strategy.

15:55 - The critical role of insurance defense strategies.

19:08 - Awareness and planning for inevitable life events.

21:20 - Debt strategy and responsible financing.

25:00 - Estate planning essentials: wills and trusts.

27:10 - Asset protection strategies to safeguard wealth.

29:35 - Benefits of using education to manage investments.

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

Today, Tom dives into the concept of freedom and the various financial traps that can hinder wealth building. He emphasizes the importance of understanding debt, retirement accounts, the tax system, home ownership, inflation, reliance on government support, and hidden fees in finance. Tune in today to hear more about taking control of your financial lives and make informed decisions to achieve true freedom and wealth.

Highlights

01:04 - Perspective in financial decision-making.

03:39 - Debt as a wealth-building trap.

05:57 - Student loans and the burden of debt.

09:47 - Rethinking retirement account contributions.

11:59 - Impact of tax system on wealth building.

14:19 - Homeownership as a financial trap.

17:08 - Inflation and devaluation of currency.

19:23 - Government reliance and personal financial control.

20:57 - Hidden fees in financial services.

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 podcast episode, Tom explores the concept of wealth beyond just financial capital. He emphasizes the importance of various forms of capital, including time, health, relationships, and purpose, in achieving a fulfilling life. Through personal anecdotes and reflections, he encourages listeners to assess their own wealth in these areas and take intentional steps towards improvement.

Highlights

01:31 - Realizing True Wealth Beyond Finances

04:44 - Five Forms of Capital: A Holistic Approach

05:54 - Financial Capital: Importance of Cash Flow

07:12 - Time Capital: Prioritizing Your Time

09:59 - Health as Wealth: The Need for Vitality

13:49 - Relationship Capital: Importance of Social Ties

16:41 - Purpose Capital: Finding Meaning in Life

19:19 - Self-Assessment for Growth in Wealth Areas

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

Join Tom today as he discusses the importance of self-investment and personal growth during uncertain times. He emphasizes the need to look within ourselves to identify opportunities and strengths, encouraging listeners to dream big and overcome fears. Tom shares insights on turning problems into opportunities, taking action, and seeking feedback from trusted individuals. Tune in to hear more about the value of embracing discomfort as a means for growth and success.

Highlights

01:03 - "Acres of Diamonds" story.

03:36 - Investing in yourself first.

04:54 - Self-awareness and the blueprint process.

07:01 - Solving everyday problems like in Shark Tank.

11:07 - The importance of dreaming and aspirations.

13:56 - Leveraging unique talents for impact.

16:59 - Gauging your skills through trusted opinions.

19:51 - Learning through discomfort and failure.

21:58 - Encouragement to embrace action and growth.

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 discusses the complexities of taxes and their impact on personal finance. He emphasizes the importance of understanding various types of taxes, including income tax, capital gains tax, estate tax, and the often-overlooked inflation tax. Tom introduces the concept of the 'ignorance tax,' highlighting the financial costs associated with a lack of knowledge about tax strategies. He encourages listeners to seek education and professional advice to mitigate their tax burdens and emphasizes the importance of continuous learning in achieving financial success. Take a listen today to see if you're being proactive about tax planning!

Highlights

01:09 - Taxes: The Biggest Expense and Wealth Impact

03:03 - Taxes as Behavioral Incentives

04:36 - The Robert Kiyosaki Tax Perspective

06:57 - Capital Gains Tax: An Incentive to Invest

09:00 - Inflation: The Stealth Tax

12:34 - Surpassing Inflation to Maintain Wealth

14:28 - Ignorance Tax: Knowledge as Power

17:02 - Tax Code Structure and Strategic Planning

19:57 - Worth of Paying for Expert Advice

20:18 - Lifelong Learning for Financial 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

Today's episode, Tom draws the parallels between the game of golf and financial management, emphasizing the importance of long-term thinking, holistic approaches, and emotional control in achieving financial success. He discusses the significance of generational wealth, the need for the right financial tools, and the value of collaboration with experts to navigate complex financial landscapes. Tune in today to learn more about the measuring of financial progress and maintaining a proactive mindset to adapt to changing circumstances.

Highlights

00:35 - Masters as a symbol for managing life.

01:01 - Golf's parallels with financial management.

02:00 - Generational thinking in golf and finance.

03:11 - Importance of estate planning and education.

03:46 - Strategy in golf and financial planning.

05:07 - Holistic integration of financial advisors.

07:01 - Exploring diverse financial tools and strategies.

09:33 - Mindset and emotional control in finance and golf.

11:03 - Benefits of proactive financial planning.

13:13 - Value of expert advisors and a team approach.

14:49 - Importance of measuring financial progress.

16:49 - Objective evaluation of financial strategies.

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 engaging conversation, Tom chats with Gil Roberts, an entrepreneur with a diverse background in finance and business. They talk about the journey from traditional finance to entrepreneurship, discussing the lessons learned from early failures and successes. Gil emphasizes the importance of understanding the financial system, the value of connecting with people, and the need to break free from societal expectations. Tune in to hear more about the significance of personal fulfillment over material possessions.

Highlights 01:27 - Transition from programming to finance. 02:14 - First failed business and key learning. 05:23 - Experience gaining collection proficiency. 08:36 - Importance of doing what you love. 09:09 - Transition to commercial lending. 13:49 - System design in education and work. 15:43 - Concept of lifestyle inflation. 19:17 - Escape the rat race. 24:09 - Freedom beyond monetary wealth. 44:31 - Emphasis on financial literacy and education.

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 Gil Roberts
• [email protected]
• https://gilroberts.net/

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify

Today, Tom is joined by Steve DeTray to discuss the critical aspects of business exit planning, emphasizing the importance of having a succession plan, understanding business valuation, and preparing both the business and the owner for a successful exit. They explore the mindset shift required for business owners, the role of a support team, and the emotional readiness needed for transitioning out of a business. Thinking about selling your business? This episode is for you!

Highlights 01:33 - Mistakes from a rushed business exit. 06:58 - Necessity of a business-owner mindset shift. 11:06 - The critical 5-year runway for exiting. 13:52 - External forces driving involuntary exits. 19:45 - Over-reliance on the business owner. 25:21 - Eight key drivers impacting business value. 29:10 - Preparing the owner emotionally for exit. 31:14 - Importance of purpose post-retirement.

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 Steve DeTray
• https://www.linkedin.com/in/stevedetray/
• https://www.freedompathplanning.com/about-us/

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify