In my real estate career, I’ve invested the majority of my time working with other small business owners. Every one of my clients operates a small business when they own rental property. They may not have a large staff nor do they have a fancy office, but they ALL make an economic impact.
In fact every Realtor that I interact with, including myself, is also a small business owner.
When it comes to saving and investing for retirement, NOBODY, no matter their age, feels like they got started early enough.
As a small business owner (real estate or otherwise), it can be really difficult for a lot of us to take our focus away from the “here and now” to think about something off in the distance, like the subject of retirement.
Difficult as it might seem, I want you to dream with me for a moment and ask yourself the following question. “What steps can I take today that will have a generational impact on my family?”
This is a question asked by Chris Hogan in his best selling book, Retire Inspired. In addition to your own retirement, Chris encourages his readers to think about future generations: your children, grandchildren, and great grandchildren. As business owners, all of us have an amazing opportunity to lead by example… starting with investing in our family’s future.
I read Retire Inspired earlier this year and got an opportunity to see Chris speak a couple of times this week at the EntreLeadership Summit in Dallas, TX. There are 8 quotes from the book that I believe that all of my clients need to hear:
“You will need a team of people who will help you make the best decisions when it comes to your investments, insurance, real estate, taxes, and estate planning.”
“Your dreams cannot be delegated to someone else; YOU must own them.”
“Planning is the process where you connect your actions to your goals.”
“Execution means taking the right steps at the right time.”
“Commitment means embracing the sacrifices necessary to get you to your dream.”
“Vigilance is a mindset that you are going to protect your dream and your legacy.”
“Think about regret like the REARVIEW mirror in your car. You check it every once in a while to keep yourself from making terrible mistakes while you’re driving. But why is that little mirror so small and the windshield of your car so big? Because you are supposed to look forward!”
“You know what a “nice” vacation really means for kids? It means spending quality time with them. Unplug the phones, power everything down, and just be present with them. It is as simple as that.”
As a commercial Realtors, Greg and I lead a mission-driven group dedicated to serving clients that own apartment buildings in Central Denver; our clients own apartments to save for their children’s college fund, save for retirement, create net worth, and build a family legacy for future generations. Our team is passionate about doing work that matters. We are a team of energetic, motivated professionals who absolutely love what we do.
Retire Inspired is available for purchase on Chris’s website: http://retireinspiredbook.com/?ectid=50.10.512
Chris Hogan is a popular and dynamic speaker on the topics of financial education and leadership. Chris Hogan works with businesses and high-profile clients across the country, helping them to develop strategies that increase their revenue, protect their wealth, and secure their financial future. His new book, Retire Inspired, released in January 2016 and was a #1 national best-seller. For more than a decade, Chris has served at Ramsey Solutions as a trusted financial coach and Ramsey Personality. Hogan is a former National Champion and All-American football player from Georgetown College in Kentucky. After graduating, Chris worked in the mortgage industry by helping his clients’ manage their money and operating their businesses until he met Dave Ramsey.
All Excerpts From: Hogan, Chris. “Retire Inspired.” Ramsey Press, 2015-12-08T18:33:08Z. iBooks. This material may be protected by copyright.
Chris Hogan helps spread the message of hope and financial peace to audiences across the country. Chris helps people plan for their future and reach their retirement goals through his Retire Inspired Live Events and R:IQ Assessment tool. Hogan also works with high profile clients, including business leaders, professional athletes and entertainers, to help them develop financial strategies to generate revenue, protect their wealth, and secure their futures.