Millionaire Mindcast

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]

In this episode of the Millionaire Mindcast, we have a stunning guest, Mitzi Perdue who shares insights about visualization, a life of giving and taking, emotional connections, her entrepreneurial journey, tips on establishing a positive culture, and the secret of building an empire and generational wealth!

Back in the 1930s, Mitzi’s father started with just one hotel with no employee and through his determination and secret sauce to success, at the end of his life, their family owned 400 hotels in the form of Sheraton Hotel Corp. Mitzi witnessed how great his father was not just in business but also handling people in all walks of life.

Aside from that, innately, Mitzi’s father built a deep connection and concern for all his employees. He believed in them and gave them all the resources and encouragement to show the world just how good they are. Hence, communication between them is very important to him. Although he doesn’t want his hotel to be the biggest, he created a great value-based culture and a team in order to be the best hotel in the locality.

Distinct from other successful entrepreneurs, he had a lot of time with his children, teaching them values of not getting the identity through spending money and luxurious materials. But getting their identity by being good citizens who would give back. Her father’s greatest pleasure was giving it away. He loves to share blessings and spread love and care. Living like a millionaire in all areas of his life and staying connected to the people around him.

During Mitzi’s childhood, her way of grabbing his parent’s attention was by asking his father about business. Never think it would be a big advantage to her in later life and career. Thus, a spiritual gift of hospitality was given to her. Luckily, she found a husband who has the same characteristics as his father especially in running their business. Likewise, Mitzi inherits the culture and beliefs from her father in her own entrepreneurial journey that truly build a legacy and generational wealth.

Some Questions I Ask:

• Who is Mitzi Perdue? How do you explain the amazing life’s journey that you experience? (00:45)
• What were some of the reasons that you remember from your father that you carried on to your own entrepreneurial business journey? (02:31)
• What do you think were some of the foundational principles, core values, and characteristics that made your guys’ business and your brand so repeatable, so successful, and so well-known? (09:54)
• What were some that standout that maybe you’re most proud of Frank and you feel you most align with? (13:50)
• What’s inside about you? How have you got that hospitality within you? (19:48)
• What are maybe one or two things that really stand out to you in the book on How To Be Up In Those Down Times that might be a good teaser as to what else they might find inside your book? (29:26)

In This Episode, You Will Learn:

• The reason for Mitzi’s father success (02:45)
• Mitzi’s husband, Frank Perdue’s story of servant’s leadership (14:07)
• Emotional connection and hospitality (23:59)
• How visualization impacted Mitzi’s book How to Be Up in Down Times sold more than a million copies (24:42)
• A life of taking versus a life of giving: A story of Napoleon Bonaparte and Mother Theresa (29:57)

Quotes:

• “Inspire, don’t require.”
• “A leader’s job is to give people a better vision of themselves
• “You don’t have to be the biggest but to be the best.”
• “How you impress somebody else is most of how you make them feel, it’s not about you boasting things.”
• “The most important word in the world to each person is their own name.”
• “Emotional connection is one of the great portions of human nature.”
• “When you visualize things, it changes how you act.”
• “Life does have pain in it and you’re paying your dues, so just don’t expect to get out is that free.”
• “All that wealth, money, status, power, fame didn’t bring happiness.”
• “If you want to be happy, think about what you can do for somebody else.”
• “One of the things such as the job of the hostess is to make the guest feel important.”

Connect with Mitzi Perdue on:

How to Be Up in Down Times book by Mitzi Perdue, Mark Victor Hansen, Preston Weekes

Website

Aunt Mitzi

Mitzi Perdue - (410) 860 - 4444

In this episode of the Millionaire Mindcast, we have an amazing guest, Sam Silverman who shares his knowledge about tax incentives, preferential tax treatment, income side and capital gains, and different high-level tax strategies!

Sam Silverman is an entrepreneur who has extensive real estate development, management, financing, and brokerage experience, a Director of Scholarships & Trustee at Kantner Foundation, CEO of Children's Books on Tape, Inc. and Managing Director at Ivy League Prep., Co-founder of EB5 Affiliate Network, a national leader in the EB-5 visa investment field, dedicated to serving both EB-5 project developers and EB-5 investors. With 14 EB-5 regional centers operating in more than 20 states and Washington, D.C., and Puerto Rico, provide turnkey EB-5 services to help structure your own EB-5 project under an existing regional center, or find the ideal EB-5 visa project for personal immigration and EB-5 immigrant investment needs. Sam is also a Forbes Magazine 30 Under 30 National Winner for Social Entrepreneurship.

Ever since Sam wanted to be an entrepreneur and not to work for anybody else. Now, part of his goal is to bring like-minded people into the community to make a more positive experience and help them avoid the brain damage of trying to navigate things themselves!

Some Questions I Ask:

• Where did all your entrepreneurial journeys begin? (00:58)
• What drove you to study Chinese in the economic side of things? Why Chinese? (04:30)
• When you went to work for someone else knowing that you wanted to be an entrepreneur, what was it that kind of drove you to plug into the matrix instead of going out right away on your own? (06:17)
• Did you feel like you had to do that because it was worthwhile or could you have gone directly to where you wanted to be looking back from your own experience? (07:35)
• What are some of the common FAQs that you get that someone who’s making a decent amount of money might actually applicable to? (10:56)
• Is there a certain number threshold of income that you really think starts to make sense for people to really explore outside of lifestyle and economics? (12:42)
• What are some of the things that you’ve heard that maybe people should take into account and consider before taking the leap? (15:24)
• What are some of your favorite parts about living in Puerto Rico? (17:07)
• Why do you think over the last year, year and a half or so, so many people have started exploring this tax-friendly type of environment? What is your feeling on the trend and trajectory that the US is on in terms of that conversation? (18:38)
• Do you see or foresee any potential changes coming on Puerto Rico’s side that could change the appetite or the climate around being one of those tax-friendly havens? (20:59)
• For those who want to explore this a little bit more, are there any free resources or places that they can lean in and learn a little bit more on their own? (22:18)

In This Episode, You Will Learn:

• The reasons why choose Puerto Rico (11:07)
• The downsides of being in Puerto Rico versus in Miami (15:43)

Quotes:

• “A lot of times you gotta go to the frontier, that’s where fortunes are made.”
• “To get an outsize result, you have to take an outsize risk.”
• “If you’re not gonna take a risk, then there’s not as much of a potential return.”
• What was the defining moment for you when you decided to go out and do your own thing? (09:15)

Connect with Sam Silverman on:

EB5 Affiliate Network

E-mail: [email protected]

Cell: 561-386-5356

Episode Title: “Election Aftermath and Economic Outlook: Navigating the New Administration’s Impact on Markets”

Episode Summary: This week, Matty A and Ryan Breedwell dive into a pivotal post-election discussion that touches on market movements, consumer spending trends, and political shifts. The episode takes listeners on a journey through key economic insights, personal empowerment reminders, and thought-provoking reflections on current events. From discussing the recent red wave and mainstream media’s response to market reactions, inflation expectations, and bond yields, Matty and Ryan bring clarity and actionable advice for investors navigating today’s landscape. Tune in to gain unique insights, and don’t miss Ryan’s exclusive “XRAY” portfolio review offer in this episode.

Key Sections with Timestamps:

[00:00:00] Intro and Week Recap

• Matty welcomes listeners and hints at the impact of values-based voting on the election’s outcome.

[00:00:25] Personal Reflections on Election Dynamics

• Ryan opens up about his political journey, reflecting on the perspective shift as he gained life experience.

[00:02:48] Media’s Role in Election Perception

• Discussing mainstream media biases and how the American public perceives these narratives, focusing on the post-election reaction.

[00:06:48] The Power Shift and Voter Mandate

• Analysis of how election results reflect public sentiment, especially regarding financial well-being, crime, and working-class priorities.

[00:16:57] Data & Skepticism: Election Voting Patterns

• Matty and Ryan analyze data on voter turnout and speculate on unexpected drops compared to previous years.

[00:34:45] Consumer Spending Trends and Credit Card Debt

• A deep dive into holiday spending habits, increased reliance on credit, and insights into the average American’s financial position.

[00:41:45] CPI and PPI Projections: How They Impact Markets

• Forecasts for inflation data releases and how the Federal Reserve’s rate decisions may influence the markets.

[00:45:50] Housing Market and Affordability

• Current challenges for first-time homebuyers and the vicious cycle affecting homeownership, as Ryan explains the housing sector’s response to interest rates and inventory.

[00:48:50] The Bond Market: Are We in Crisis?

• Ryan addresses circulating fears about a bond market crisis, setting the record straight on this highly debated issue.

[00:51:22] End-of-Year Market Forecasts

• Closing thoughts from Matty and Ryan on what investors can expect heading into 2025, with reminders to stay steady and keep investing.

[00:52:01] “XRAY” Call to Action

• CTA: For a complimentary, detailed portfolio review, text XRAY to 844-447-1555. Ryan’s team will conduct a thorough review, identify potential savings, and align your investments with your financial goals. Take advantage of this expert service, usually valued at thousands, at no cost to our listeners.

Notable Quotes:

• “More than half of the country voting for someone is not just a red wave—it’s a mandate.” – Matty A
• “If you’re going to sit on the sidelines, waiting for the ‘perfect time,’ you’ll miss out on long-term growth. Get in the game and let compounding work in your favor.” – Ryan Breedwell
• “We’ve seen the most pro-stock-market president in history, and that’s reflected in the numbers.” – Ryan Breedwell

Links Mentioned in This Episode:

Looking to optimize your investment strategy? For a complimentary, detailed portfolio review, text XRAY to 844-447-1555. Ryan and his team will dive into your current setup, identify potential savings, and align your investments with your financial goals—typically a service worth thousands, offered at no cost to our listeners. Don't miss this chance to make the most of your money!

Episode Sponsored By:

Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/

MY FIRST 50K!: Visit https://wiseinvestorcollective.com/ and submit your application to join!