Share The Wealth Show

Ep 12 - Do you want to get out of the matrix?   In this episode of the Share the Wealth Show, Jerome Myers looks back at the pivotal moment that made him decide to drop out of corporate America and take his agency back through real estate. He breaks down how he overcame the obstacles he faced starting out in multifamily and gaining success. He also shares his honest thoughts about not letting things that you can’t change hinder you from reaching your dreams.   Jerome Myers (a/k/a "J") is a developer of people and places. He is the founder and Chief Inspiration Officer of two ventures. DreamCatchers is a boutique coaching firm that supports first and second-generation wealth creators to self-actualize and attain transcendence, and The Myers Development Group, where we help ordinary people invest in multifamily real estate in a way that creates generational wealth. Through these entities, he gets to live out his childhood dreams of helping people manifest the things they imagine and he is the evidence that dreams should be real.   Since leaving corporate America after building a 20MM division, J has become one of the most sought-after thought leaders in the multifamily development space. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods. Although he's often told that he makes investing look easy, the people closest to him know the road wasn't without challenges. So, he created Myers Methods, a real estate education company, to dispel many of the myths related to the industry and educate investors on his 4-step process to owning and operating apartments.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks    ________________________________ [00:01 - 19:28] Who is Jerome Myers? 

• Losing his agency in corporate America 
• • His experience as the bearer of bad news to his team
• Moving out of the corporate world and into multifamily
• • The challenges he faced in financing
  • Finding potential partners

  [19:29 - 23:22] Articulating What You’re Bringing to the Table

• Figuring out the value you can add 
• Getting foundational knowledge
• Building credibility

  [23:23 - 30:57] Don’t Let Anything Stop You

• Controlling the things you can control
• Why people with varying backgrounds and experiences should have the courage to create their own platforms
• Eliminating excuses whatever they may be

[30:58 - 39:40] Closing Segment

• Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!   
• The final 2 questions
• • Jerome on diversification: Wealth is built by you being the best at something in the world and then you diversify that wealth
• Connect with Jerome!

Key Quotes    “Wealth is built by you being the best at something in the world. That's how you build your wealth. And then you take that wealth, and then you diversify it across many different investments so that if something catastrophic happens, you don't lose everything.” - Jerome Myers   “Every investor is trying to overcome four things, knowledge, deal flow, experience, and capital. And they're overcoming those four challenges in that order every single time.” - Jerome Myers   “There is no reason for you not to be able to make your dreams a reality. It's just a mindset thing.” - Jerome Myers

Resource Mentioned:

Ep 11 - Did you know that you can leverage your credit to invest in business assets?   In this episode of the Share the Wealth, Dalle Garcia reflects on being fascinated by how money works at a young age. This led her to seek knowledge and build networks to reach her financial goals. She learned to use credit and authorized user accounts to her advantage. By using debt smartly, she’s able to find the resources to jump into the investing space.   Dalle Garcia was born and raised in the Bronx, New York City. Her first job out of school was at a real estate law firm in White Plains, New York. There she learned the art of real estate and it was the best thing that ever happened. Soon thereafter, she was mortgage brokering and helping homeowners get financing. Reviewing credit has been something she learned very early due to home loan financing. Getting a real estate license while serving loans was a no-brainer. Things changed really fast in 2008. Surviving the last recession had geared her into having financial setbacks and had to work on her own personal credit.

Tune in now and learn specific strategies when it comes to your building credit score!
  ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 15:14] Who is Dalle Garcia?

• Helping people build business credit and leverage it to purchase assets
• Being an immigrant and growing up dreaming to do bigger things
• Studying hard about credit and learning from her mistakes
• Feeling responsible for her family and now, teaching her son early about finances

  [15:15 - 23:09] Being More Creative With Credit

• How to get higher lines of credit when you don’t have assets to show for
  • Dalle explains authorized user accounts for credit cards
• Leveraging good credit
  • The lessons she gained from working in a real estate law firm
  • Utilizing her credit to buy real estate

  [23:10 - 28:18] Hedging Inflation Through Credit

• Working together with people with good credit
  • Using business funding and reinvesting
• You can always get a nice return with real estate

  [28:19 - 32:33] Reinvesting Debt

• Start branching off with your finances
• Buy assets with debt
• Dalle shares one client's success story

  [32:34 - 38:19] Closing Segment

• Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!   

• The final 2 questions
  • Dalle on diversification: You need to diversify in certain scenarios in life 
• Connect with Dalle!

Key Quotes    “I appreciate people that want to grow. And even if they don't know, they’re just going to leap. That's the key. Go and go for it. Stop overthinking it.” – Dalle Garcia   “I love to educate business owners, even people that don't have a business and are thinking about starting something.” – Dalle Garcia

“You have to diversify certain scenarios in life depending on how that impacts you. Because if you're self-employed and you only have one form of income and that business slows down and you don't have nothing else.” - Dalle Garcia

Connect with Dalle on LinkedIn and at [email protected]. Visit the Gold Crown Credit website and follow them on

Ep 10 - Have you ever made a major decision with imperfect information?

In this episode of the Share the Wealth Show, guest Billy Keels explains that there is no 100% accurate information to make decisions. The most important metric is “Return on Sleep” (ROS) and it means exactly what it sounds like. Ask the questions and go with decisions that let you sleep at night.   He discusses further the importance of having the right people around you. Invest your time in finding resources of information, start conversations with other people, and make an impact on their life.    Tune in now and take notes you can share with others!

________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 06:51] Return on Sleep (ROS)

• Check out part 1 of my interview with Billy Keels!
• Every single investment is going to be risky
• • Asking the uncomfortable questions
• How to get a positive ROS
• • Spending time with your syndicator or operator
  • Knowing their track record
• Doing proper due diligence

  [08:07 - 15:47] Safeguarding Your Wealth

• Talk to tax professionals
• Billy on letting his kids be comfortable with talking about money
• Understanding not just how much money you make but how much money you actually keep
• • How Billy unlocked passive income
  • Having more control of his financials with real estate
  • Looking for other options for cash flow

  [15:48 - 19:35] Investing Your Time With the Right People

• Finding networks and resources of knowledge
• Prevent the perpetual rat race
• • Share information with other people and start conversations

  [19:36 - 28:35] Closing Segment

• Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!   

• The final 2 questions
• • Billy on diversification: At some point, you need to make a bet and do the things you really want to do
• Connect with Billy!

Key Quotes    “Because you're investing your time, don't just let this be an exercise where you're just watching this and going on to the next thing. Talk about today's conversation, share it with other people and be able to impact their lives positively.” – Billy Keels

“When you are engaging with your operator, and you're talking to a syndicator. If they cannot or do not answer your questions in the way that makes sense for you, then it's okay. It's just not the right fit. I mean there's a lot of people that are out providing a very similar service. So it's a matter of, ‘You just need to find the person, the operator, the syndicator that helps you, that gives you the answers in the way that you need the answers received so that you feel comfortable once again.'” - Billy Keels   Resource Mentioned

• Going Long Podcast with Billy Keels - Episode 118: Nicole Pendergrass

Connect with Billy on the First Generation Capital Partners website. Follow him on LinkedIn,

Ep 09 - For W-2 employees looking for opportunities outside corporate life, this episode is for you!   Our guest Billy Keels is on a mission to help those high-wage earners and/or retirees that have been forgotten about by so many in society. He's determined to help you feel comfortable and confident going against conventional wisdom by being okay with investing real assets and doing that beyond your backyard! As a long-distance real asset investor, Billy is utilizing the skills that he's developed over the last 23 years as a happy, successful corporate employee at some of the world's largest market-leading IT multinational companies to become an entrepreneur. As part of his journey, he's hyper-focused on consistently helping people to create new alternatives for their life so that you can be also happy about going into your job (or not)! As he builds his family of investors and students he's determined to help each one of them enjoy each and every moment doing the things that they love most.  With a desire to add as much value to each interaction that he has, the 20+ years of travel throughout some 86 countries, working with multiple global currencies, his ability to fluently speak 5 languages, and his passion for living and working across cultures are just some of the qualities that make Billy unique in his ability to serve each and every person that he comes into contact with.     Listen in and learn how you can overcome your uncertainties and start your journey to financial freedom!   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________

[00:01 - 09:15] Who is Bill Keels? 

• Adapting what his parents taught him growing up
• Getting access to a great education and traveling 
• • Learning new languages from living in different countries
  • Being exposed to a lot of different things
  • Taking action and being curious

  [09:16 - 15:20] Overachieving And Retiring After 26 Years In Corporate

• A recovering perfectionist
• • Not coming from money, Billy’s driven to achieve
• Lessons learned from losing money in the stock market twice
• Realizing the things he’s missing out in life as a corporate employee
• Getting out of your comfort zone

  [15:21 - 23:09] Taking Control of the Outcomes of Life

• Being comfortable with money
• • Growing up, talking about money is taboo
  • Understanding different financial opportunities
• Helping other people discover financial freedom
• What’s the first step in vetting a sponsor or operator?

  [23:10 - 23:56] Closing Segment

• Watch out for part 2 of our conversation with Billy!

  Key Quotes

“I didn't sign up to be the top executive and also missing out on the things that were really important to me. And so it was from that moment that, when I look back on it now, that was really the catalyst to get me to do what I wanted to do, which was really have more control over the financial outcomes of my life.” - Billy Keels   “It's not really about having more money… It's about being able to do what you want to do with whom you want to do it.” - Billy Keels   Connect with Billy on the First Generation Capital Partners website. Follow him on LinkedIn, Instagram, and Twitter. Listen...

Ep 08 - Are you looking to save money this year, invest for the future, and stay ahead of the IRS? In this episode of the Share the Wealth Show, tax strategist Larry D. West III discusses ways to save on taxes, specifically with regard to the tax code. We also dive deep into estate planning, trusts, and entity structures. Listen in and increase your tax efficiency now! Larry D. West III is a managing partner of Precision Business Strategies where he leverages 8+ years of experience in the public accounting sector to help business owners maximize profits, minimize taxes, and build personal wealth. His specialized knowledge comes from his niched experience working as a tax and business strategist across different industries and platforms.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 02:05] Who is Larry D. West III? 

• Helping clients with creative tax strategies

  [02:06 - 14:07] Tax Optimization Strategies

• Taking advantage of the Tax Code using a business
• • Opportunities for deductions
  • Strategically spending money
• Tax strategies for business owners with W-2s
• • Consider your vehicle and mileage
• Your refund should come from a refundable tax credit
• • Understand how to accurately and appropriately fill out tax forms
  • You should be close to a breakeven
• Looking at what the government is incentivizing
• • What drives the Tax Code?
  • Contribute to a retirement account
• Which presents the most tax-efficient opportunity?
• • Market real estate
  • Cryptocurrency

  [14:07 - 29:42] Passing Down Property, Inheritance Tax, and Estate Tax

• Knowing the entity structure
• When you pass away, your heirs receive a step-up in basis
• What are lifetime exemptions?
• • Planning ahead of time and shifting things in the estate
  • You should be below the exemption
• The four basic parts of an estate plan
• Using an ILIT
• How to move things in and out of the trust

  [29:43 - 36:28] S Corps vs C Corps Explained

• Double taxation and C Corps
• S Corps are not necessarily tax-efficient for real estate
• Documentation is important

  [36:29 - 41:52] Closing Segment

• Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!   
• The final 2 questions
• • Larry on diversification: Don’t spread yourself too thin
• Connect with Larry!

Key Quotes  “If you think about the value of our business, the value of our retirement accounts, the value of our life insurance, the value of our real estate that could easily reach that number pretty quickly.” - Larry D. West III

“One of the things that you can do while you're still here, especially with these limits being so high, is that you can start to give things from yourself to your next generation. You can get your property to them and move it out from your estate. So that you can use that exemption while you're here, instead of losing it in the event that you pass away.” - Larry D. West III   Connect with Larry D. West lll! Visit pb-strategies.com and schedule a discovery call with his team. Follow them on

Ep 07 - In this episode of the Share the Wealth Show, Nicole Pendergrass and guest, Dr. Felecia Froe talk about how you don’t need to overcome fear before taking action. Bravery means being scared and taking action anyway! Dr. Froe also discusses how she wanted to make her money work for her and also work for other people by giving back with a purpose.    Felecia Froe, MD is the owner of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing. As a real estate syndicator, Felecia has partnered with like-minded investors and has raised money for several social impact projects, including a residential assisted living home in Kansas City, Missouri focusing on providing elderly residents experiencing memory problems with personalized care. With her partners at the Eco Alliance Group, she is providing healthy food to food desert areas with indoor vertical farms and grocery stores.   In addition to real estate investing, Dr. Froe is a licensed urological surgeon with over 20 years of experience. She has written many Best Selling books including "How to Create Wealth that Outlives You". Plus, she is an advocate for sharing the great work others are doing for their community through her podcast Money With Mission Podcast.

________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________       [00:01 - 12:35] Who is Dr. Felecia Froe? 

• Dr. Felecia realized that medicine and her career as a urologist weren’t the only impact she was going to leave on the world
• • After reading Rich Dad Poor Dad, Dr. Felecia realized that Passive Income was the tool to build wealth
• Meeting a patient who was a real estate investor and how that changed everything 
• The fear that Dr. Felecia felt when assuming a VA loan for her first property 
• When you realize that money is abundant, you won’t be afraid of losing it 

[12:36 - 19:24] Leaving a Legacy and Investing for Social Impact 

• How Dr. Felecia focuses on affordable housing, grocery stores, and investments that have a positive social impact
• The purpose and movement of Money with Mission 
• • Building communal elderly homes and assisted facilities

  [19:25 - 26:37] Getting Started for Those Who are Afraid to Take the Leap 

• How to find opportunities and get started with social impact initiatives and investments
• • Invest your money in alignment with your values
  • Invest in what you are comfortable with 
  • There are different ways to invest
• How Dr. Felecia protects her wealth for generations to come 
• • Her daughters’ financial literacy and making sure the future generations are financially educated 

    [26:38 - 36:36] Closing Segment

• Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!   
• The final 2 questions
• • Dr. Felecia’s opinion on “Diversification is a protection against ignorance.”
  • Don’t just stay diversified in one asset class
• Connect with Dr. Felecia! 
• • Want a FREE ebook on how to build wealth that outlives you? Send an email to [email protected] 

Key Quotes    “The fear didn't go away. I just did it… You do have to walk through that fear...

Ep 06 - Imagine having a high-paying job but still living paycheck to paycheck, trying to get out of debt?

In this episode of the Share the Wealth Show, Dr. James Bryant shares how he escaped being cash strapped and built generational wealth while doing good. James' positive mindset is key to his success, and he highlights the importance of focusing on goals. He also discusses passing more than a financial legacy to his kids and structuring his life to be fully present in his family.   James Bryant, Ph.D., P.E. is the Founder of Engineer Your Success, LLC, a boutique leadership training and peak performance coaching firm designed to help engineers win in business and in life. Dr. Bryant believes that you can build the business of your dreams and have a life that you absolutely love. He has over 20 years of experience leading teams and organizations in the private and public sectors and is the host of the Engineer Your Success Podcast. Dr. Bryant is a professional engineer, a certified John Maxwell Leadership speaker, trainer, and coach, and most importantly he is a loving husband and father.  Dr. Bryant is an Alumni of the initial Myers Methods Multifamily Real Estate Investing Course and using joint ventures, has an ownership stake in 4 multifamily properties that have a total of over 85 units.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________

[00:01 - 10:42] Who is Dr. James Bryant? 

• Being income rich but cash poor
• • Not living beyond their means but somehow still struggling to get rid of debt
• How they started monitoring cash flow to manage expenses
• The start of his investing journey

  [10:43 - 17:32] Getting Your Finances in Order

• Going to multifamily to pay off their mortgage
• Tapping into lines of credits and their retirement account
• Locking in on financial goals
• Projecting your cash flow
• • This has a psychological impact

  [17:33 - 20:11] Doing Well While Doing Good

• Financial freedom enables you to give back
• The fulfillment in being able to provide for your parents

  [20:12 - 29:07] Having a Growth Strategy and Looking at the Future

• James talks about investing passively in the future
• Leveraging on your 401(k) to get the resources needed to invest
• The work he does with Engineering Your Success, LLC
• He shares stories about his kids and what’s the legacy he wants to leave behind

  [29:07 - 36:36] Closing Segment

• The final 2 questions
• • James’ take on the diversification: Niche down!
• Connect with James!

Key Quotes    “Success is a journey and it shifts. How we view and use money, and leverage money begins to grow as we grow.” - Dr. James Bryant   “Your kids see who you are not who you project to be. And they begin to follow your cues.” - Dr. James Bryant   “You can only be an expert at so many things. So even if you're looking to generate income from other areas, then which one are you going to be the expert in? Which one are people going to look to you to be the authority to speak about, to talk about when it comes to investing and moving forward?” - Dr. James Bryant


Connect with Dr. James on LinkedIn and Instagram. Also, check out Engineer Your Success with Dr. James Bryant on

Ep 05 - Did you know that life insurance offers so much more than just death benefits? Most people don’t realize the living benefits that life insurance has to offer!

In this episode of the Share the Wealth Show, Lesley Batson dives in on how to use life insurance to your benefit. We talk about the misconceptions about life insurance, its benefits, and why you should have it, as well as practical tips to make the most out of it.   Lesley Batson launched Rebel Rock Wealth, a strategic financial consulting firm to share wealth-building strategies with independent thinkers.  She teaches professionals, investors, and small business owners, the WHOLE truth about money and helps them implement strategies to design, control, and build the wealth style they desire.  Lesley is licensed in several states and serves clients across the country. She loves 'Hamilton the Musical', playing golf, downhill skiing, and taking up space on a hot sandy beach.

________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 06:05] Who is Lesley Batson? 

• How she transitioned to business after 20 years of her career spent in technology
• • Wanting to do something different
• Getting into real estate investing
• • Listening to podcasts
• Infinite banking concept
• • Using life insurance and leveraging it to build personal wealth

  [06:23 - 11:01] The Time Value of Money

• Leverage your money while you’re still young
• • Managing tax rates or market crashes
• Understand how the math works in terms of inflation
• Choosing whole life insurance policy over 401K

  [11:23 - 15: 41] Leverage Equity in Your Policy

• The differences between loans and withdrawals
• • Limitations on the control of the loan
• Utilizing Roth IRA 
• • What you can do with your IRA
  • Uninterrupted Compounding Growth
• You have to pay back the interest each year!
• • Any insurance company will charge you to use their money

  [15:41 - 24:22] Life Insurance premiums

• Benefits of a life insurance policy
• The different kinds of life insurance policies that you can utilize
• • Converting from term convertible policy to life insurance policy
• Choose between leaving your money to your loved ones or to Uncle Sam
• • A benefit of choosing life insurance
  • It is a great alternative to saving in a bank account

  Key Quotes    “When I think of diversification, I think of you need to have money in pools. The more money you have in savings, that are safe and secure…Where the more money you have in savings, the greater their permission, you have to invest because if that investment goes sideways, at least you still have that pool of money in reserves that money, the cash flow is coming in from those investments.” - Lesley Batson

“I feel like that's something that people don't realize you can actually use living benefits of a life insurance company because they only think about the death benefit. - Lesley Batson

Connect with Lesley on LinkedIn Podcast & The School and Instagram. Visit her website

Ep 04 - How do you make the most out of your exit? In this episode of the Share The Wealth Show, Nicole welcomes guest John Casmon, who shares his journey from working as a W2 corporate employee to becoming an apartment investor. John discusses how he became interested in real estate and how he went from starting out with two properties to owning over a thousand units.

John Casmon is a real estate entrepreneur, and he's partnered with Disney professionals to invest in over a hundred million dollars worth of apartments. He also actively is a multi-family investors and he consults them to help them start and grow their business.    Have you read Rich Dad, Poor Dad? I would think so like most of the listeners that you have, he explains that, “It helped me think about money differently. You should work a job for skills, not just a salary.” And when you think about that, He was working in corporate America doing advertising and marketing.   He remembers when his company shut down, how anxious everybody in the company was. He remembered feeling powerless and he watched a lot of my colleagues lose their jobs. They had multiple rounds of layoffs and one person had been there 22 years and they had planned on being there until they retired.

This is an episode chocked full of gems information that you really need to know!
  ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 05:36] Who is John Casmon? 

• Transition from working in an office to an investor
• • Surrounding yourself with the right people
• Making things achievable and attainable for yourself
• • How to scale and grow
• Saving money to open up different possibilities
• • Saving money to buy property

  [05:51 - 08:47] Thinking About Money Differently

• Getting inspired from a book
• • The importance of real estate 
  • Working for a job to get skills and not a salary
• The importance of Real estate
• Seeking out to invest in real estate

  [08:50 - 13:20] Networking As A Key To Build Portfolios

• Connecting with people through Networking events
• Building relationships to understand how to bring on investors
• • Being responsible with your own money
  • Being able to invest with your own money
• The commitment to give time and energy to find and analyze deals
• • Get them under contract
  • Manage those deals
  • Operate those deals
    
    

  [15:56 - 19:51] You Want to Make Sure That You Control The Exit

• Transitioning in the corporate area to learning real estate
• • Shifting your mindset with real estate to doing it on your own
• Understanding that every investment has risks
• • How do you mitigate those risks?
  • Diversifying your investments
• Protecting the equity that you’ve created

  Key Quotes    “You want to make sure that you control the exit. You want to sell when it makes sense for you to sell.” - John Casmon “You have to have nuances to your approach and put the plan together based on that market. Those are the things you're looking at, to understand the market and then finally, you want to make sure that you understand the deal and you want to understand where the business plan is.” - John Casmon “Syndication at its simplest level is just group investing – It's a group of people that come together, pool capital together, so you can go out and buy a property.” - John Casmon

Connect with John on

Ep 03 - When you die, what are you leaving behind? Leaving a legacy takes planning. In this episode of the Share the Wealth Show, we continue our conversation with Edmund Chien on what to do once you’re earning money actively and passively – How do you protect your wealth? And not just in your own lifetime, but for generations to come. Edmund gives tips, tools, terminology, and advice on the fundamental principles of intergenerational wealth.    Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 06:38] Get Money and Then Grow it While You Sleep 

• Check out part 1 of my interview with Edmund Chien!
• While you’re creating money on an active basis, you need to leverage it passively 
• How to make the most of tax breaks and benefits to grow your money
• What a PPP (Public-Private Partnership) is and how you can utilize it 

  [06:34 - 17:14] Advice on Establishing an Estate Plan or Trust

• How to turn today’s wealth into an intergenerational legacy
• The importance of curating your life and distancing yourself from negative influences around you 
• Retirement; having passive cashflow that meets your daily expenses
• The 3 phases of wealth building
• Why you need Life Insurance 
• • It’s about protecting your wealth generator, not just your wallet
  • Why you need living benefits as a young person

[17:15 - 19:58] Using a Trust to Protect the Wealth of the Next Generation

• What is the concept of shirtsleeves to shirtsleeves and how do you protect against it? 
• • 90% of family offices fail by the third generation
• Create a trust with a holding company
• How to find trustworthy advisors to help you build and protect your wealth! 

  [19:59 - 23:54] Stay Tuned for More!

• Why mindset matters more than you may realize! 
• Stay tuned for the awesome guests we’ll have on the show 

  Key Quotes 

“Forming a legacy is the third phase of [wealth]. So the first phase is getting a great job, getting a W2, learning how to make money, and being able to make money. And then the second phase is how to get money to work for you.” Edmund Chien    “There's this phenomenon in society that if you try to better yourself, especially from the people you're surrounded with, the people that are around you will try to drag you back down.” - Edmund Chien    “If you've noticed anything, in all three phases is to be continuously learning and improving your understanding of things.” - Edmund Chien      “One of the misnomers with life insurance is that there are many different ways to use it.  And there are many different types of life insurance.” - Edmund Chien 

Connect with Edmund on LinkedIn and Instagram. Visit his website https://edmundchien.com    Let’s get connected!  You can find Nicole on