In the latest installment of Advance Your Wealth, Homer steps outside of the typical wealth management conversation to address how wealth is ultimately generated in the first place.
Listen as Homer and Ryan discuss the benefits, as well as challenges, associated with entrepreneurship. Despite being the single fastest and most effective means of generating significant wealth, there are plenty of strategies and essential best practices to consider before attaining significant wealth.
So sit back, relax, and enjoy this unique conversation featuring the other side of the wealth management equation.
0:05 - Overview on the topic of the show
2:00 - Homer himself is an entrepreneur!
2:57 - Why entrepreneurship is the most likely path to generate significant wealth
3:56 - The best practices of successful entrepreneurs
5:18 - What a commitment to success truly looks like
6:46 - Despite the commitment to success, one ultimately must take action
7:38 - How vitally important the business model is to wealth creation
9:00 - The importance of establishing powerful relationships
10:20 - Building and maintaining a high-quality team over time
11:39 - Working with the right professionals
14:55 - Homer's unique experience as an entrepreneur
17:20 - Closing remarks
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