My dear friend and fraternity brother Frank Walton, CEO of Walton Funeral Home, joins me on the show to talk about fatherhood, but more importantly, about generational wealth and generation legacy. We also discuss how to protect our legacies from the infrastructures attempting to take them away.
Takeaways:
* Fatherhood is a special and rewarding experience that shapes a person's life.
* The values and lessons instilled by fathers have a lasting impact on their children.
*Creating generational wealth involves passing down businesses and assets to future generations.
*Hard work and perseverance are key to building a successful business and achieving financial stability.
*Building a generational legacy and wealth requires hard work, dedication, and long-term relationships with customers.
*Small businesses, especially those owned by marginalized communities, face threats to their generational wealth, such as land loss due to infrastructure projects.
*Protecting and fighting for generational legacies is crucial to preserving the hard work and achievements of previous generations.
*The power imbalance between small businesses and large entities can make it challenging to protect generational wealth.