These are our words, but number one, financial
freedom. So how do I build a financial system
that gives me all the money I need and enough
that I don't have to worry about it? What's the
difference between a scarcity mindset and an
abundance mindset? And how does that show up
in business? I literally just got off a call
recently. So we have a new client, successful
entrepreneur in Colorado. He sold his business.
and we're trying to cure him of it, but he definitely
has the scarcity mindset, right? And I think
it's just as much comfort zone as anything else.
So he started a company from scratch. One of
the things that drives a lot of tax reduction
is the structuring of your business. Are you
an S Corp? Are you a C Corp? Are you a partnership?
Can you be QSBS? I mean, there are a lot of things
and, you know, entrepreneurs by nature, I don't
know, you know, tend to shoot first and aim later,
right? They're action -oriented and they're not
afraid to move, but... What if true wealth had
nothing to do with money? In this episode of
The Thrive World Journey, we sit down with Peter
Colbert. entrepreneur, author, and co -founder
of Freedom Family Office. Together, we explore
how entrepreneurs can break free from scarcity,
rethink success, and design a life that's not
just profitable but purposeful. From building
predictable income to leaving a lasting legacy,
Peter reveals why the richest life is always
built beyond money. Hey there. Look, my hope
is that the Thravo journey meets you exactly
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-week series built to anchor each week in intention,
purpose, and meaningful connection. I do so look
forward to hearing your voice and can't wait
to see you in the group. But for right now, let's
get into it. We are talking about being rich
beyond money. And Peter is here. We had some
crazy technical difficulties, but I'm so glad
that we stuck it out. We found our path and we
are here. So how are you doing today, Peter?
Doing great. Appreciate your patience. Someone
needs to teach me how to live rich with technology.
I'm happy to be on and chat with you. It's a
must. The technology world is a must, the know
-how and knowledge of it all. But I read up on
you and you've come through a lot. Who is Peter
today? So I would say a couple of things, which
probably our audiences shares. I'm just a happy,
forward -looking person trying to in our company
help entrepreneurs be both financially successful
but the point of a phrase that we use which you
alluded to which is rich beyond money is Being
wealthy having some kind of financial underpinning
is great. But what for? You know, I don't think
anybody wants their epitaph to be he was a rich
man Right and so and what else I do is help people
first Get some clarity about what we call their
ideal life looks like and and and then use our
skills, both technical and some are people management
skills to help them design and implement a plan
to get from where they are today to what we call
their ideal life. So I'm fortunate that I have
a vocation, whatever you want to call it. I just
love what I'm doing. So most of the day, I talk
to successful entrepreneurs and try to show them
a way to be even more successful. That's a lovely
career. It is. I love it. Well, in order to do
that, you must have gone through a lot to get
that figured out. What are some of the things
that you do talk about with entrepreneurs to
be more successful entrepreneurs? maybe this
will be a little bit of a visual picture maybe
to give you a feel for it. So our technical skills
in our company are in financial planning, taxes,
I'm going to come back to that in a minute, investments,
estate planning, insurance and exit plan. So
those are technical skills. And usually the reason
our phone rings initially is someone has an issue
in one of those areas. In our company, the three
most common reasons people call is like 75 %
of the time they're paying too much in taxes
and they want to figure out how to pay less in
taxes. That's kind of our real core core strength.
Some people have gotten from wherever they started
to a certain level of success and wealth. and
they're kind of like hitting the ceiling a little
bit, right? So how do I push on to the next level?
And then a lot of them, if they're in an operating
business, that right now is generating all the
income they need. They're thinking about, well,
what if I sell my business someday? Or what if
I just don't want to work anymore? Where's the
income going to come from? So how to generate
passive income. Now, the psychiatrist or psychologist
would say, Those are the presenting problems.
That's why people call us on the phone. What's
interesting is when we get into a deeper conversation
with them below the surface and sometimes we
use the image of an iceberg and you know, there's
less of the iceberg above the surface than below
the surface. So those issues that I just mentioned,
they're the tip of the iceberg. And when we get
into kind of really having a longer conversation
with them, they're interested in These are our
words, but number one, financial freedom. So
how do I build a financial system that gives
me all the money I need and enough that I don't
have to worry about it? Another thing we run
into a lot is successful business owners are
by definition good at running a business and
managing all the finances of their business.
A lot of them, probably because they spend so
much time in their business, don't feel successful
in the management of their personal finance.
They don't have a will. They know they should,
but they don't. They don't have an estate, you
know, all of that. And then the last thing is
when we, if you have all the money that you need
and you have that, you know, great feeling of
personal success, I think at some point entrepreneurs
start to feel like, I don't need to work and
I don't want to work 50, 60, 70 hours just for
me. I want to do something that in some level
gives back. We call that higher purpose. And
I think a lot of people that don't really know
entrepreneurs think all they care about is money.
And the real reason people become entrepreneurs
is in part to become better off financially.
But it's really because the freedom of being
an entrepreneur is attractive to that freedom
of time, freedom of purpose, whatever it is.
So that's kind of the mindset that we approach
the work that we do. Every entrepreneur is different,
but similar process in trying to help each one.
Yeah. The mindset of entrepreneurs is much different
than, you know, someone who wants to work, but
sometimes entrepreneurs struggle. with redefining
their wealth or redefining wealth and success.
Why do so many entrepreneurs do that? Why do
so many entrepreneurs do that? It's like everybody
you get into a comfort zone, you get into a pattern.
It takes a little while to step out of that and
into a new life and maybe Some people can navigate
that all by themselves, but sometimes it's, you
know, nice to have a coach or a guide to help
you through that. The company that we have, we
have three companies actually in total. I have
a partner. We're both, he was a CPA for about
a decade. I was a lawyer for about a decade,
but since then we've been entrepreneurs. So we
often say about our company that it's a company
built for entrepreneurs by entrepreneurs. So
we know all the peaks and valleys of what it's
like to be an entrepreneur where I think we're
far enough down the road now that we can help
some that are, you know, trying to reimagine
themselves or reinvent themselves. And sometimes
you just, you know, you need, you need an outside
input to help you. design the plan, stick to
the plan, those kinds of things. Yeah. So you
were talking about, you talk to entrepreneurs
to be more successful. What's the difference
between a scarcity mindset and an abundance mindset?
And how does that show up in business? I literally
just got off a call recently. So we have a new
client, a successful entrepreneur in Colorado.
He sold his business and he, we're trying to
cure him of it, but he definitely has the scarcity
mindset, right? And he's just, and I think it's
just as much comfort zone as anything else. So
he started a company from scratch. He was the
CEO and, and, you know, then he sold it and he,
he, he went to sort of, you know, being master
of the universe, his little universe and right
right right Lots of things that happen in the
outside world you can control what happens in
your company now he's got a pile of money that
he needs to invest and It's a it's just a whole
new bike to ride. So and I would say right now
he's constantly worrying about Does he have enough
money to do all the things he wants to do? It's
sort of driving his wife crazy because I would
say she was born more with an abundance mindset,
right? So that's a little bit, I think that different
personality, I mean, that's a little bit more,
you know, wired into your internal makeup. That
takes a little time. We're definitely making
progress with this guy. Really kind of It's blocking
and tackling, but how much money do you need
to live on? How much money do we have to work
with? So we're making progress, but he'd been
starting and running his company for 15 years.
He's been in this new arena where he's not really
managing a company anymore. He's got to figure
out how to manage his finances for maybe a year
and a half. So it's not surprising. I think that
it takes a little while. Would you say like the
fact that there's some freedom there for him
maybe scares him because he's not doing the normal
thing that he was doing day in and day out? Yeah,
I don't know. There's a little bit of fear there.
I just think he's uncomfortable, right? Do you
know what I mean? He had a routine and it's not
helping in a way but this will help him throughout
his life is He feels like he's just sort of getting
his sea legs and then the market goes down 15%.
That's a little tricky for him to navigate. I
think you mentioned you have some background
in the financial services. There are a lot of
tools we can use to set a plan, give them confidence
of a plan. I think we're making progress. But
I think it's his innate disposition in a way
to be sort of a worrywart, which is probably
why he built a successful business, right? You
know his wife They're taking some big trip to
Europe for a month or so this summer and it's
like to him I literally like have to do projections
and run scenarios Just to make him feel like
he can afford to do it his wife will say well
She'll turn to me and say, can you just tell
me that we can afford this? And I wouldn't tell
her a lie, but it's true. That's all she needs
to know. She's happy with that. So the other
thing I think is they're used to that very hands
-on kind of life that all entrepreneurs have.
And so in the long run, I think you'll be happier
if you'll let go a little bit and just Not worry,
let other people help you with stuff. Get experts,
you know, things like that. His wife is just
more inherently accepting. I think so. There's
some freedom there for her. Yeah. Yeah. You have
a lot of experience and I know that, you know,
you have your personal moments. Can you share
a personal moment when you realized money alone
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Now tap in and take your next step toward thriving
that you have more purpose. Yeah, I'm trying
to think if there was a moment moment. It's certainly
been an evolution over time I Mean part of the
the story which may connect with it so I mentioned
I was a lawyer for ten years and I represented
as a lawyer mostly business But as a lawyer and
I had a client that started an investment company
And I did the legal work. So I organized the
entity and did the contracts and helped them
raise money and all that. And when they, we got
to kind of the end game, they hadn't really in
the beginning identified a specific person to
run the company after this new business was started.
And I don't know where they came up with this
idea, but someone said to me, well, you created
it. Why don't you run it? And it was interesting.
I mean, I had a great job as a lawyer and this
was an entrepreneurial startup venture, but something
told me, you know, and the law firm said, if
it doesn't work out, you can come back. So to
make a long story short, I literally walked across
the street from an office at my law firm to the
new office of this company. And I wasn't there
more than a week. And I knew I would never go
back. And I think part of what registered with
me was, I don't know how much you know about
the law business, but it's all sort of, you record
your time in six minute increments and it's billable
hours and they track how much money you're earning
for the firm and how much, you know, you're going
to keep of that. The other thing is, A lot of
the work you do as a lawyer, I would have described
my life as a lawyer as 20 % client time, 80 %
doing what lawyers do, researching, writing,
all that kind of stuff. The work I do now and
have done for 30 years is more 80 % people time,
20 % other stuff. And so I think that appeals
to me much more And I think I've been fortunate
enough to, along the way, be good enough at it
that I've accumulated some money. But I've never
been just not a worrier about money. I don't
have overarching material needs or anything.
I remember my dad said once when I started to
have my own kids, his view was don't give your
kids money. give them good experiences. Oh, yeah,
I like that. So I think that's a good philosophy.
So yeah, I like that. I like that. So you went,
you know, you went from being a lawyer, and then
was the first business that you started with
was a freedom family office? No, this was quite
a while ago. And I kind of had a succession of
so that company we started, we ran for about
seven years, we ended up selling it to a bank
that wanted to bring into the Bank of Financial
Services company. So I don't know, I stuck around
there for a year or so. And, you know, now I
was back in a bureaucracy, not in an entrepreneurial
business. So I left, started another investment
company that when we sold. And along the way,
I met the person who is now my partner, Noah.
Initially, he was actually a client of mine.
We provided investment services, he had clients
who needed those services, we partnered. And
what happened over, we got to know each other
about 20 years ago. And initially, we had two
separate businesses, we shared some clients.
And what happened over time was, We ended up
really doing the same thing in coordination for
mostly the same clients. And it finally dawned
on us that we don't need to have two businesses
to do the same thing for the same clients. So
we put those together about 10 years ago. That's
the origin of Freedom Family Office. It's a good
sort of division of responsibility. primarily
does, he does speeches, he does a lot of writing.
He's a member of a bunch of sort of entrepreneurial
networking groups like YPO and EO and things
like that. So in a way, up until very recently,
he's like the Mr. Outside of our company. Okay.
And I was the Mr. Inside. Now what's happened
over time is when we started Freedom, We had
three people, Noah, myself, and an assistant.
Well, fast forward 25 years, I mean 10 years,
we have 25 people. And what's happened along
the way is we've nurtured someone, another one
of our colleagues, who now really runs the company
on a day -to -day basis. So that's freeing up
my time to do the two things that I like doing,
which is doing client work, and some of the podcasting,
giving presentations, all that kind of stuff.
I've been in the business for 40 years. I know
a few tips and tricks, and so it's just fun to
share those with people and get their reaction.
Well, let's get another tip. What are some overlooked
mistakes new entrepreneurs make when it comes
to building wealth? So I like to say all the
time, there are two great ways to build wealth
in America. Number one is start a business, run
it successfully, grow it to some significance,
and either it just becomes a cash cow and you
hang on to it. Maybe you pass it on to your kids
or to your management, or you sell it. But the
other, in our opinion, and there's some real
math to this, The other great way to get wealthy
in America is to pay less in taxes. People in
the investment world always talk about compounding,
and the rule of seven and all this jazz if you
just hang in there and keep compounding your
money. Well, think about the impact of if what
you're compounding doesn't get a haircut, or
gets a much lower haircut than it would if you
pay taxes. And so we do a lot of work. That's
really our core skill. We help clients reduce
income taxes, capital gain taxes, and in some
cases, if they're wealthy enough, the estate
tax. And I think, obviously, when you have a
business up and running, Hopefully you're making
some money. So you want to save on income taxes.
You might sell an asset. You might sell the whole
business at some time. So you want to do capital
gains taxes. I think a lot of. So one of the
things that drives a lot of tax reduction is
the structuring of your business. Are you an
S corp? Are you a C corp? Are you a partnership?
Can you be QSBS? I mean, there are a lot of things
and. entrepreneurs by nature, I don't know, tend
to shoot first and aim later, right? They're
action oriented and they're not afraid to move.
So that's an area that if we can start early
enough, we can help them with that structuring.
And then obviously along the way, we partner
with them to reduce their taxes. we draw a distinction
in our world, we would say what we are is a tax
strategist. So we don't do tax returns. We don't
do them. We don't want to do them. And I would
say doing tax returns and being a CPA, which
is very important, is more of a compliance function,
right? The client is the CPA, the numbers, the
client... The CPA puts the numbers in boxes,
in the right boxes. They file the return on time.
They tell you the right amount to pay. All super,
super important. But they pretty much take the
numbers that the client gives them. Most CPAs
don't call their clients recommending creative
ideas to reduce their taxes. This is not what
they do. That world is not that. That's what
we do is we're kind of You know, the CPA kind
of operates inside the sandbox, right? And what
we're trying to do is outside the sandboxes,
think about ways that the numbers that the client
might give to the CPA are just smaller numbers
because they've done things to reduce their taxes.
Again, the math of not paying taxes is unbelievably
powerful. I think many, many, not just entrepreneurs,
many, many people who make a lot of money, they
just overlook how powerful that could be. And
because of that different mindset of a CPA, a
compliance person versus a strategist, they're
not going to get those ideas from their CPA typically.
Now we're okay. Yeah. So I'm gonna ask you this
question. It's not necessarily entrepreneur,
but I was having this conversation with my sister's
sister's husband, my brother -in -law. Yeah.
And he's like, man, we pay so much in taxes because
of this and because of that. Do you work with
people who are high earners that can help them,
you know, restructure their money? I would say
You know, our target market is people who are
high income earners. The number at which we can
help people varies a little bit, primarily by
state, right? So if you live in California, that's
the worst tax state in America. So everything
else being equal for the same amount of income,
if you lived in California, say versus Florida
or Texas or some of the other low tax state,
California, you're going to pay like 15 % more
tax. So for the same level of income, there's
more we could do to help you. So that's on the
income tax side. The other side that we're very
active in is help. So that's just your W -2 wages,
your distributions, all that kind of stuff. The
other area that we're very active in is the capital
gains tax. So that's when someone sells a business,
sells a valuable piece of real estate, that kind
of thing, more of a one time transaction than
the income tax, which is this year and next year
and the year after that. And so that's an area
we're active in helping people, you know, From
their perspective, they started a business. They
grew it for 15 years. It's worth whatever it
is now They if they lived in California, they
might have to give back like 40 % of that. So
they're interested in Reducing that so that are
we so both of those? Categories both people on
a regular basis who earn a good income or regardless
of their income people who are having that, you
know, lifetime liquidity event or whatever it
is. So, yeah, either of those two areas were
very active. Now this goes back to mindset. Why
do so many entrepreneurs or people period delay
in building a financial plan? Wow, that yeah.
I mean, I think A couple of things. One of the
things that I think gets in the way of entrepreneurs
is they're by definition do -it -yourselfers,
right? Self -starters, do -it -yourselfers and
stuff like that. And, you know, a lot of you
know this yourself. I mean, there's a fair amount
of financial planning that if you know the concepts
and the tools, this is not nuclear physics or
anything like that. But it's not what most entrepreneurs
do all day long. They do that in their business,
right? Of course. What are my assets? What are
my liabilities? What's my income? What's my expenses?
It's the same thing. I think the do -it -yourself
mindset prevents them from getting help that
they could use for whatever reason. They just
haven't gotten connected with the world of advisors,
which are super helpful. And I mean, my experience
is once they're exposed to it, and if they're
doing it with someone who's good, it kind of,
you know, it becomes the framework for everything.
We have a tool that we use a lot in our world
called e -money. Which in part is a financial
projection tool. So I want to buy a second house.
Can I afford to do that? We can run that through
e -money. I want to take this big vacation to
Europe. Is that affordable? Am I going to run
out of money? And probably the biggest reason
they don't do it is They're just so darn busy
running their businesses that if they have any,
you know, if you've been at the office for 10
hours, most entrepreneurs don't want to go home
and like work on their own financial plan. Right,
right. You know, they want to break and spend
some time with their family. But I think if they're
exposed to it at a professional level, they see
the value of it and lock on to it. So what I'm
hearing you take some of that pressure off because
like you said entrepreneurs, they're busy like
they're focusing on 100 % taking their business
to the next level or fixing issues or problems
or whatever and just being the captain of their
ship so you so basically you take the Pressure
off of them a little bit and I would say I sometimes
describe the way we work with clients as what
I call the CEO model. So a really good business
owner is what we call a visionary, right? So
he doesn't do everything or she doesn't do everything.
They have the big ideas. They have the strategic
vision. They have kind of the moxie to get it
done, but they don't want to, ultimately they
don't want to do everything themselves. And so,
you know, they identify a problem. They get together
the group of people who can solve the problem
and, hey, guys and gals, we need to figure out,
you know, I want to buy another business, right?
And then the people that that project is delegated
to, they go away and they study and they come
back to the CEO person with a recommendation
or a series of options. And so That kind of preserves
the time of that person to not have to do the
workup, to have other people do the workup and
reserve his or her time for making smart decisions.
So that's a common model in running a business.
We just take the same model and say to the CEO
of the family, let's follow the same model. What's
your vision? What are the strategic objectives
you wanted? You know, all that kind of stuff.
Then we use our tools. We go away and we come
back and present options that, you know, either,
you know, it could be a husband and wife, whoever,
whether it's a single person or some kind of
partnership. So we try and make the work that
we do efficient for the business owner, right?
He doesn't want to learn to become a financial
planner. She doesn't want to learn to become
an, you know, they don't want to learn all that
stuff. They want to use the tools to get to the
goals they've personally set. Right. Right. Yeah.
That's where you come in. That's our goal. That's
your goal. So what are some of the core building
blocks of a healthy financial foundation for
business, business owners? Yeah, so I would you
know, I think In a way One you need to get a
handle on either what you have or what you need
in the areas of financial planning so that you
know, that's Every business owner has a financial
plan for his business. They should have a financial
plan for their family And then that can involve
investments As we've discussed before, it certainly
should involve taxes. We help clients with kind
of the combination of estate planning. What's
gonna happen to my stuff if something should
happen to me? That's both a practical question.
There's a big tax issue in there. Having insurance
to cover a whole. You know, what happens if I
die and I'm the CEO of my business? What's the
impact of that on my family? How can I deal with
that? And then we're, as you've talked about,
a lot of our work is helping business owners
sell a business, what we call exit planning.
It's not something you want to start the day
before you sell your business. There's a process.
So, uh, and then what you want to do is I think
the value we add is a lot of people. If I say,
you know, who, who's your financial planner and
they'll Susan Smith or whatever it, who manages
your investments, Michael Byrd and who does your
insurance Culver, whatever it is. But if we say,
Do you ever get all those people in a room to
work together to make sure that all the stuff
that they're doing is well coordinated? The answer
is usually no. No. Yeah. And so what I think
we try and do is kind of be, you know, the hub
in the spokes kind of thing and make sure that
all those pieces are working together. Not that
anybody would have the intention of them working
in conflict, but If there's not good communication,
someone could be going in one direction and something
else could be leading in a different direction.
So that's, that's part of the role we play is
to get all of those pieces to be what we call
integrate. And then that's good for the client
back to my CEO model. You know, the client. In
our world, most of our clients, oh, I have an
investment question. Well, I'm going to call
Peter because he's monitoring all that. He may
not be doing it all, but he may be supervising.
So the client doesn't have to call six people
to, I think they find that helpful. Yeah. Yeah.
I can see that being helpful. And just from your
personal experience, what's, we always like to
talk about, you know, you see the success and
all that kind of good stuff, but what's What
was one failure that taught you about building
lasting freedom? And then we talked about entrepreneurs,
our entrepreneurs because of freedom. Can you
share? Yeah, I would say like a lot of entrepreneurs,
I'm in a lot of way, I mean, and I was much more
so this way. hands on, do it yourself, I'll do
everything. Don't get help, all that kind of
stuff. And so learning to be comfortable, delegating
things to other experts. And that's what we tell
all of our clients. So we've got to learn how
to do that ourselves. But I think it's a natural
evolution. And I think you learn that Whatever
your skills are, and nobody has all the skills,
you can leverage your own skills for your benefit.
And for them, if you have a team rather than
you're just a team of one, right? I think that's
a lesson that not everybody was born knowing,
but you learn over time, right? Sometimes just
by being too busy, right? Oh my God. I got a
successful company, but I'm sleeping four hours
a day. That's not a good thing. No, it's not.
It's not sustainable, first of all. And I've
learned over and over again the hard way, again
and again and again, that something like that
doesn't work. I was just actually talking to
a producer like, you know, in this world of social
media, it's a tendency to just keep going, keep
going, keep going and keep going. Oh, it's endless.
open your phone up at 1 .30 in the morning and
TikTok's still going strong, right? Or whatever
it is. Right. And we're like, hey, I said, this
is what we're going to do. We're going to do
three months. Even in the three months, it's
going to be a little break. But three months,
we're working on what we got to work on with
this podcast and all that kind of stuff in one
month off. And I think that's probably an idea
for entrepreneurs. There's a famous coaching
program that you've probably heard of and maybe
many in the audience have heard of called the
strategic coach. Started by a famous guy in Toronto.
And it's a coaching program for entrepreneurs.
And some people stay in it for decades. The basic
program is initially three years and then usually
another three years. So you apply, you pay, and
you go to the initial meeting, the kickoff meeting.
And when you get My sessions, although the guy
lives in Toronto, my sessions were in Chicago,
so they rent a conference room someplace. And
on the table in front of everybody's chair is
a little like pamphlet thing that's about the
size of a checkbook. And it unfolds. And the
front side of it is January to June, every day,
little lines. You turn it over. The flip side
is July to December. And you're kind of wondering,
okay, what the hell is this thing? And the guy
comes in and he says, the very first thing we're
going to do in this strategic coach course is
you are going to put into the calendar when you're
going to take your vacation. So that's good advice
at a whole bunch of different levels, but you
know, you, you, you need to I think there are
affirmative things you can do to create more
freedom, but some of the things are just blocking
time and not just, you know, I'm not going to
work seven days a week. To me, we don't regard
that as success. We're pretty strong in our company
about people. Every once in a while, you got
to work a little extra hard, but it's not a sign
of success that everybody's overworked and overstressed
and all that kind of. And maybe that's that rich
beyond money thing, right? Which is, uh, you
want to be able to enjoy some of the fruits of
your labor. And one of them ought to be time
to do stuff. That's not work stuff. That's pleasurable.
Yeah, exactly. Uh, you, you talked about, you
know, your, your, your thing here is rich beyond
rich beyond money. Yep. Um, And as we're winding
down here, what's some simple systems or habits
that new entrepreneurs could adopt today to set
themselves, to set up for long -term wealth?
Yeah, so I would, I don't know if this is the
steps themselves, but I would, I think I talked
about the ideal life, whenever we have a new
client, which is sort of a version of the strategic
coach thing is we don't start with the numbers.
We give them three or four exercises where we
really say to them, imagine Michael, it's five
years from now, 10 years from now, whatever it
is, they can kind of pick the timeframe, but
we want you to vision what your ideal life looks
like. And we've done, I don't know, thousands
maybe of those little exercises with entrepreneurs.
And what's really interesting is when you ask
them those questions, they never talk about money.
They talk about where they want to be who they
want to be with sometimes who they don't want
to be with. All of that. And so that's our version
of what we call begin with the end in mind. So
have a clear vision, a confident vision about
what you'd like your feature to look like, then
go back and start to reverse engineer that, right?
So, and I think they'll find that for, you know,
it may take a certain level of income, it's going
to take a plan, maybe some of the money you need
to invest, we can help them do that. But I think
you always want to have that Most successful
entrepreneurs are really good in general at making
goals and striving for goals, right? They're
kind of future -oriented people, usually. So
we're just trying to get that sort of innate
mindset adapted to their personal financial and
non -financial success. So they have to learn
to maybe slightly operate in a new world, but
the kind of fundamental structure is very similar
to, I think, the world they're already working
in. Yeah. I agree. I agree. As we're winding
down, rather, and your last words on the podcast
this time around, because we'll have you back
on again. What's on your heart or your mind that
you would like to share to someone about? living
rich beyond money and, and just offering something
from your experience. I was in a big discussion
over the over the weekend about the future and
is the future bleak or is the future not bleak?
And there's a bunch of stuff going on in America
that makes a lot of people, you know, not feel
so great right now. But I think it was Barack
Obama said in a speech, I don't think he coined
this phrase, but he said, The moral arc of the
universe is not a straight line, but it always
moves upward. So I think that's something that
most entrepreneurs believe that somehow the future
is already always going to be brighter. And what
you want to do is make sure that that future
isn't just bright, say just for your company.
but that you devote some of your mindset to how
do I create the future I want for me, my family,
my charities, whatever it is. And I think if
you take a little time with some guidance to
get clear on where you're arcing toward, you're
gonna be A, more successful financially, I think,
but you're going to be much more satisfied. Yeah.
I don't think that's the key. Yeah. I think that's
the key. Peter, I want to say thank you so much
for being here. Pleasure. It's fun. I wish we
had more time, but I know we got a hard stop.
How do people get in touch with you? Oh, sure.
I'm kind of old fashioned. Literally, they could
call or text me if they want my phone number,
which is 917. 697 -414 -156, or just email me,
Peter at Freedom Family Office. We do have a
website. There are things that you can go on
there, but one of our company policies is sort
of, I don't know, open intake valve and high
responsiveness. So some of the most fun things
we do is hear for the first time from a successful
entrepreneur, what their story is and what they're
trying to do. That's my favorite thing to do.
And then hopefully we can help. But just reach
out. Yeah. Nice. And we'll have all your information
in the description below. And we're on we're
on LinkedIn and you know, all the usual places.
So yeah. Yeah, nice. Yeah, actually, I think
we've I think I followed and connected with you
today. Good. And so all you listeners or watchers,
thank you for tuning in. And our question of
the week is what does being rich beyond money
mean to you? and what's one step you're taking
to create a life of purpose and freedom. Peter,
thank you so much for being here, and we'll see
you next week. Before you go, I just want to
say thank you. Thank you for being a part of
the Thrabull journey. Every time you show up
here, you're choosing growth, clarity, and the
deeper work of becoming who you're meant to be
in this world. And if you're ready to reconnect
with what truly lights you up, I created something
powerful that can help you. It's called the Empowered
Path. Seven days to reclaim your purpose and
passion. It's a beautifully designed guided workbook
that walks you through a week of powerful prompts,
clarity building tools, and real mindset shifts.
Now you can get instant access to it today. It's
a small investment for a huge return. Your energy,
your clarity, your alignment. And if you want
to take it deeper, check this out. I'm offering
a limited number of free 30 -minute purpose coaching
sessions. No pressure, no pitch, just space for
you to reconnect with your direction, your gifts,
and what's next. So you can grab the guide and
book your session at the link in the show notes.
Let's not just go through the motions. Let's
really walk this path on purpose. I appreciate
you. And like we always say, let's make thriving
our new normal. And I'll talk to you soon.