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- MB #074: Top 100 wealthiest families do this
MB #074: Top 100 wealthiest families do this
Heal it or pass it down, homeschooling, stewardship
Chris Cirullo
August 19, 2024
Read Time: ~5 Minutes
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Today’s newsletter at a glance:
Health: Heal or pass down (what the top 100 wealthiest families do)
Food for thought: Questions to ask your wife
Quote: Voddie Baucham
Social Media: Shocking truth about homeschooling families
This last week I spent a few days with a group of 80+ other business owners and CEOs, who were fathers and believers. Twice a year we get together for a couple of days to roll up our sleeves and solve bottlenecks in our family life, business, and our faith.
This time we had our new friend Scott Donnell out to hang with us, have some deep discussions, and share several talks centered around his core areas of expertise.
Scott comes from a multigenerational family of wealth (spoiler alert - his family has a unique view on whether or not to pass wealth down to their kids. So, Scott was loved on and set up for success but was not left a bunch of money). His grandfather and father built and sold a bank for $1B - along with many other ventures.
Scott has now built 7 different companies of his own from scratch and had 8 and 9 figure exits, by his mid-30s. All because his family equipped him.
He has spent the last number of years interviewing and learning from the top 100 wealthy families who have developed and handled wealth transfer/stewardship in the healthiest ways so that he can train you and I on what attributes best support multigenerational health and success.
Now, his primary mission is equipping families to build financial competency in their kids and understand how to bring a multigenerational family vision into reality.
Scott shared hours and hours of valuable insight but as it pertains to health I had one reminder that I wanted to pass along to you.