I had the great privilege of attending a GoBundance Champions event in Steamboat, Colorado. For those who don't know, GoBundance is a men's networking group for net-worth millionaires (check out The Tribe of Millionaires) — and there's a GoBundance Women's Tribe too.
I'm also humbled by the readers of this newsletter. So many of you came up to me at the event to tell me I should be sharing more often, and that this content is valuable to you. I didn't realize how closely you were reading. I'd quietly slowed down on posting because I wasn't hearing much back — and I only want to spend my time on things that make a real impact. So, point taken. More to come.
My goal is to help create 10 millionaires through real estate over the next five years. My passion is helping others achieve their own version of financial freedom.
The group pictured each donated $3K to 1 Life Fully Lived, a wonderful nonprofit run by Tim Rhode.
Here are some of my favorite notes and takeaways from the event. They're in no particular order. Enjoy.
Get financially free so you can figure out exactly who you are. Your purpose often reveals itself after you're financially free, not before.
Religion is in decline, and Americans are missing shared values and community more than ever — and social media is only making people lonelier.
A low-rate environment forces your hand. It pushes you to invest in something rather than sit in cash.
You have more control over your health and your lifespan than ever before.
The clock that's ticking is only 20% genetic. Your epigenome responds to your environment, not your genes — and your environment is roughly 80% responsible for your lifespan.
If you're not embarrassed by who you were five years ago, you're not growing fast enough.
How to hire talent:
Respect them. Give them the space to operate and perform.
Hold them accountable by the numbers. Plenty of frauds masquerade as talent. It doesn't matter what they say — the numbers tell you the truth. When someone is consistently talented, treat them as an equal, or even your superior, in that role.
Give them opportunities they can't get anywhere else.
Your life is a reflection of your decisions.
My big aha: The people building wealth fast almost always have mentors who've spent 20–30 years doing it. They don't simply figure it out on their own — they close the gap through mentorship. You pay for that gap one way or another: through mentors, or through mistakes. I'd rather pay for access to mentors.
You're always too much of something to someone. Be too good for it to matter.
I've never seen a positive leader with a negative team.
People rarely hit their goals if they keep even one negative person around.
Change small, change often. Never sell a product — sell the result. Don't get ready, stay ready.
Getting rich and staying rich are two very different skill sets.
The only real goal of money is independence. Use it to buy more time, not more stuff.
The best way to teach your kids about money is to lead by example.
Your political beliefs are usually a reflection of what you observed in your father.
On their deathbed, not one person wishes they'd worked harder or made more money. Most wish they'd been kinder and made more time for family. Money never even comes up.
Which ones stand out to you? Drop a comment — I read every one, and your engagement is what tells me to keep sharing these notes instead of keeping them to myself. Onward.