507 | How to Build a Business and a Thriving Family Life at the Same Time
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507 - Chaz & Jake
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[00:00:00] What's up? Driven to Win Nation? Chaz Wolfe and Jake Isaacs back on the mic here today. We've got some cool stuff we're gonna cover here today. We've been pressing hard on business and family a lot for our members, but in general we have, we've recently launched a program for kids called Generation Next.
Kids eight to 18 learning success principles inside of the GTK community. And we're excited about that and all the other cool things we do for families. But that's just kind of our recent update and which has kind of stirred up some conversation between you and I, Jake on the family, little bit of marriage, but really just the family unit and how we just feel like there's a lack of support.
And so why don't we just get, jump right in here. Let's talk about, family for just for a half second. And, and before we get into the support factor, but what, what is family to you, Jake?
Wow, that's kind of a loaded question. And I know that you and I have very different, like, upbringings around family.
You know, my parents are [00:01:00] still married. They've been married for 44 years now. You know, just kind of like that quintessential, I. American family a husband, a wife, and two children. And that's, that's the environment that I was raised in. Primarily in the Midwest. You know, we moved quite a bit, but the majority of the time that I was a child, we were, we were in the Midwest, so there was like.
Wholesome traditional values. So to, to answer your que question directly, what is a family? I think a family is a, a group of people that are living life together and it, it looks like a man and a woman and their children, and then that's the nucleus. And then outside of that, it expands to the aunts and the uncles and the cousins and all that stuff.
Yeah. Yeah. And I think that that's a, I mean, a pretty. Pretty, I would say traditional answer, like you said, for sure. Obviously my upbringing is a little different growing up, single mom house, and we've got some interesting stats we're gonna share with you guys around just single parent households and, and just the different dynamics of what's happening even in the political realm [00:02:00] around family.
But you know, like, okay, sure, maybe our upbringings were different, but I think the way that we define family. Remains the same. And so, you know, today, you know, me and Julie and our kids and, and then, and then the extended family is basically what you've described. And so, I guess, I guess where I'm getting at in all of this is we've, we've kind of talked in the last couple days for sure, but then, you know, in the last couple months, you and I, and, and several of our members actually around this concept of the family unit and, and the strength of the family unit, specifically, how that's related to just, you know.
Other factors. You know, it could be the strength of our country, it could be the strength of your business. You know, the, the other factors in life that, that the family seems to maybe be a foundational piece of. But, but specifically for our audience, they're entrepreneurs, right? And so we're gonna just drive this home today for, you know, this family business.
Know, dynamic that we all deal with. I mean, we've done, we've done webinars on this concept of, of [00:03:00] being all in on your family just like you are in your business. We've got functions inside of our membership on a regular basis that support all the elements of the family and kids as, as well as the spouse, along with all of the tactics of growing your business.
But what do you think is the most important thing? Like what does an entrepreneur truly want from their business and then maybe unto their family.
Oh, I, I think that what an entrepreneur wants they want to create a vehicle that will support. Choices inside of their lifestyle, whether that's time freedom or you know, a, a lifestyle that they didn't have as a child.
You know, a, a better op, better opportunities for their kids. You know, I think a lot of the entrepreneurs that we interact with come. From some type of I don't wanna say trauma, because that feels like a, a real buzzy word right now, but there, there were things that needed to be overcome. And I think a lot of the [00:04:00] motivation for starting a business is to create lifestyle and, and opportunities that they didn't have necessarily as a kid.
I know that that was your motivator and. My story is a little bit different. We had a lot of really cool opportunities. My dad was very appointed about involving my brother and I in the business dealings, and so I, you know, some of my earliest memories were going to Las Vegas and manning a booth at a trade show and, you know, going to client dinners and, you know, like all of those different things.
And so I, I felt like I was a part of the business that he did a good job of like bringing my brother and I into that, my goal as an entrepreneur for myself and for my future family is just to be, to create options, right?
Yeah. Yeah. I think that you're right. I mean, we, we recently surveyed some of our members kind of around this topic and several others, but, you know, a lot of the answers came back around freedom and then specifically sub points around, Hey, I wanna build a [00:05:00] business so that I can eventually spend.
You know, the time doing whatever I want. But, but specifically insert family. And and a lot of those folks you know, maybe had a quintessential family like yours or maybe like mine. Either way there was overcome you know, or things that they had to overcome along the way, like you're saying. I think that that's true, but I think that there's a, there's a, there's a uniqueness to a, maybe a family oriented you know, entrepreneur and, and you know, okay, so like all politics aside and, and.
You know, kind of the, and maybe even religion aside, but when I look at, when I look at the, like, the, like where strength comes from outside of obviously my belief in God and, and, and that, that strength specifically. But outside of that, when I think of what allows me to like really press on a business, it's my wife and kids.
But, but it's like, it's a, it's a conundrum. It's a 2020 because I'm pressing on it because I'm motivated by them, but I'm pressing on it because I want to do it for [00:06:00] them and, and, but I wanna be free of it so I can be with them. And, and so like, we, we find ourselves caught in this. I wanna build something because I'm a creator and I'm an entrepreneur and, and I, and I'm fueled by that, but my deepest fuel is my family.
And so ultimately I wanna build something that. That doesn't control me, but that I control it, that I can spend more time with my family, but on the way to get there, I have to use my family as motivation to build something just so I can be back with them. It's, it's, it's this kind of like this weird circle, you know what I mean?
Yeah, yeah. You know, I forget what business influencer I was listening to, but he gave this parable of going to like a fishing village in Mexico and like going on a fishing charter with this guy and. It's like he only does this charter half the day, and he is like, well, if you hired some more employees and you grew your fleet and you spend a little bit more time growing your business, you'd have more time to spend with your family.
And the [00:07:00] fisherman's response was. But I only work half a day. I get to spend the other half of the day with my family. Like I've already accomplished what it is that you're talking about. Yeah. Like there's no need to grow the business in order to accomplish the same thing. Yeah. And so I think that sometimes we get in our own heads around, yeah, we've gotta create this really big, massive thing.
On two, I can go and have more time with my family. And I think one of the things that is unique about the message with gathering the kings that we talk about with our members is like, you can have all that along the way if you're intentional about it, right? People feel like they need to put their nose to the grindstone and they need to work as a, a slave inside of their business for 15, 20, 25 years in order to create opportunity to spend more time with their family.
Well through that whole time, like they've lost,
they missed it.
Yep. That's gone like,
yeah. So yeah, I think that you're right and that's probably just the natural tendency is, let me put this down so that I can focus on [00:08:00] this and I'll come back to this other thing that supposedly is important to me and the concept of doing both at the same time is what's maybe a little bit new.
Also too, the, the slight nuance there that you gave in the parable of. What is success? Right. And I, and I think that that's you know, a beautiful thing about gathering the Kings, but also just in general about entrepreneurship is that we get to pick, right? And then, and so we, as a community, we promote that, you know, maybe it doesn't require you to have a, a $400 million business or even a $40 million business or even a $4 million business.
It, it depends on the industry, it depends on your involvement. There's just so many nuances there of what does that look like? And then what have you already determined that success? Is for you and for your family. To your point with the guy in the parable, if success is quality time and spending half of the day with your kids because you wanna be part of the homeschool and you wanna be part of the early years of their life or, or later years of their life, whatever the, the season is, then shoot.
Maybe you have it [00:09:00] right now and you just need to reorder reorder your calendar. You know, again, that's the freedom of being an entrepreneur. If you've built a business in a way that you, you can, you know, manipulate the levers. Unfortunately, I think probably what we see a lot of, not only just with our members, but just in general entrepreneurs, is that they don't even have those options because they've just thrown themselves into their business as a job and they're just working, you know, just unto the sake of working, as opposed to thinking, what are the levers that I can pull?
Some levers that you can pull only happen at certain, you know, levels in the business, right? Like there's, there's certain structures and, and, and even maybe other people you have to have, you know, for that guy in that parable to take weeks and weeks off, he would have to build a better system and a bigger team and he would have to have a different business.
But if his target isn't to take weeks and weeks off, but he wants to take every afternoon off. Then, then maybe that business that he's built can work like that. And so I think that nuance or that specificity of what is success to you and the individual [00:10:00] specifically related to your situation, and then insert your family, because that's really who we're talking to.
We're talking to the family oriented entrepreneur who's like, look, I wanna build, I'm obsessed with building. I've got, I've got multiple companies and I will always have multiple companies because I love it. I love the game. I love waking up with this. Just like, okay. And sometimes a little bit of hustle and sometimes a little bit of concern and sometimes a little bit of overwhelm, and that fires us all up.
But at the, at the, the, the bigger picture is like, man, if I was doing that all by myself without my family, oh, I don't want that. You can have the game. I don't want the game, you know? Right. So, yeah, go ahead.
Just something that I wanna throw in there because I think it's really important and we don't do a good job.
Individually of defining what winning looks like. You know, we talk about inside of the community of winning in all areas, and I think when you hear that, you automatically assume that [00:11:00] like your definition of winning in all areas is what we use. For all of the members of gathering the Kings. Right. And that's totally not true.
We, we want to make sure that they're going through this activity of defining what winning in all areas looks like. You know, we've talked on this podcast a couple of times about our two different health journeys. Yeah. Your idea of winning and health right now is gaining weight and building muscle. Mine is lose losing weight.
Right. And so, yeah. You know, it's two totally different things, but it's both winning. Right. And so spending the time to define what does winning inside of the family look like, what does winning inside of the business look like? Those are or important conversations that you need to be having with your circle, your leadership team and your business, your family, your spouse, all that.
Hey, Kings and queens, Chaz Wolf. I wanna talk to you about something that's super important to me. We put a lot of time and effort, we meaning myself and my team into this podcast, into the content that goes out every single day. [00:12:00] And if you have been getting any sort of value or insight from this, we want it to be able to reach other business owners too.
So we would love if you would like, comment, share, leave a review, post, share again, all of the things. On social media, on all the different platforms or even on the podcast mediums of Apple and Spotify. We would love to be able to get our content into more hands, more entrepreneurs so they can grow their business as quick as possible.
Together we are building a community of like-minded entrepreneurs who are committed to growing their businesses to new heights. So let's do this. Let's help each other grow.
Yeah. Yeah. The communication piece is probably a really. You know, important piece that often gets missed is just talking to, and I can, I can, I'm thinking of a scenario just a few weeks ago, even between you and I, and it wasn't it, it was family related, but there was some elements of my morning routine that I was looking to change because I just, I needed some adjustment and and so we had a pretty early morning meeting on Tuesdays.
That was pretty normal. And I asked if we could, we could shift that around, and, and so [00:13:00] that's a good example there of what you're talking about. Talk to you, talk to your team, talk to your spouse, talk, you know, sit down and maybe talk to a mastermind community, whatever that looks like for you. But you've gotta be able to have a, a, an A, like a, a tweaking to, whether it be your schedule or whether it be what, what you're building how intentional you're spending this hour versus that hour.
Of course we can break the calendar down to like, do you even have family time on the calendar and, and stuff like that. But. Just kind of assuming that if you're a family oriented entrepreneur, that you're at least thinking about work time, family time, and being able to, you know, do both of those well.
Typically means that they're on the calendar and specified and you honor both commitments, just like anything else on the calendar. But, I was going somewhere with that. And I've, and I've kinda lost my train there, but what I was, what I was kind of getting at before, I guess was, you know, this, this winning in all areas.
Okay, cool. What does that look like for entrepreneurs with families? Because I. Like when really think about it, I don't, I don't, I, I don't get like over [00:14:00] spiritualized with like attacks, but you can clearly see in, in probably the world. But, but in America for sure how the family itself as a unit is, is being attacked, right.
Whether that be politically or spiritually. I, I'm not gonna like. Overanalyze that those, those lenses. But the strength of the family, the, the family unit, you know, marriage has declined. You know, divorces have increased. You know, kids living with single parent households have increased. Like these are all just stats that we know and we can throw 'em in the show notes for you.
'cause we were going through a bunch of 'em before we started. But I feel like everybody knows these things. But then it's like, well dang. What do we do to, you know, strengthen the family specifically as entrepreneurs, because we're different, you know, and the, the, the, the say the regular family you know, the non entrepreneur family, it's not that they're less than at all.
They just do life differently. As entrepreneurs we think differently. We do differently. Our choices are different, you know, and [00:15:00] so what does that. What impact does that have on our family? And then what, what support, what, what guidance, what structure, what resources do we have to to strengthen our business and our family?
Obviously, that's where Gathering the Kings is, is filling a void, but there's there's not really much else. In fact, I think you found an article, Jake, you have to remind me, but you were telling me about an article about. Some government concern. It was like their, these folks'. Greatest concern was that, you know, given rising costs of childcare and both parents working in the home and, you know, all these stats that the, it was talking about, I can't remember exactly, but their greatest like government concern was lack of family support.
Right. Is that. Is that what it was?
Yeah. It was an article based off some research that BYU University had done. But the exact statistic that I thought was really interesting is that 30% of registered voters in the United States identify the lack of government support around the family system as their key hot button political issue.
Wow.
And so [00:16:00] that's. Take, take political party out of the equation. But, but 30% of people right now in the United States that are, are registered voters believe that the United States government should be doing more to support families.
Yeah. And and we think, go ahead.
No, no, go
ahead. No, I'm just thinking like.
What we have people come to come to us every day, right? We've got ads out right now for our family Mastermind vacation, and we're gonna do a family weekend later this year. And of course, our community is ongoing for, for families and business owners. But you know, a lot of the times that I'm talking to people you know, who are inquiring, it's like, man, this is like, this is so needed.
Where, where have you been? There's nobody doing this and. And and I, and I, I agree one that's, that's why we've started to, to like really press hard on this because, you know, probably three years ago now when we did our first family Mastermind, it was this, just this concept in my brain of how we could mirror [00:17:00] or, or bring entrepreneurship and families together and let's do it in a fun way and let's just do it on a vacation.
And then that's obviously developed into a, a whole, a whole thing, but. There, there aren't resources. And so it's like, how does the entrepreneur, how does the entrepreneur know one, how to define success in their business? Do they know, are they in the season where they need to take off the afternoons and be with their little kids?
Or are they in the, in the season of scaling so that that way they can have an asset to pass down to their kids who are coming into the business. I, you know. There's, there's the business side of it that the entrepreneur still needs guidance and help and, and, and structuring and, and even community around to be able to press the, the issue to the next level, right?
But then there's this other major component of, well, what does that mean for my spouse and what does that mean for my time with them? And what does that mean for our marriage and what does that mean for and, and maybe the spouses in the business also. And that's a whole nother dynamic. And, and maybe it's sometimes we're too much together and, but not enough time outside of talking about work and, and maybe even lack of [00:18:00] intimacy.
And, and then, and then we throw kids in the mix. And, and now, now kids are busy with sports and you know, all the things. And it's just a little bit of a swirl. And I think that unfortunately a lot of people are going to. You know, just, just go through it, right? Like they're just going to crazy. Go through their business halfway, probably not even a quarter way, be attentive to their spouse try to show up to all their kids' games and, you know, and then boom, all of a sudden kids are graduated and, and on.
They're looking at their spouse who they halfway know, and they're still overwhelmed in the business, probably still, you know, like halfway decent, making money because they've been able to produce all this stuff. But, but they're tired, they're overwhelmed, they're just like. I just got out of a tornado. I don't even know who my spouse is, and I feel like I missed my child.
My child's everything. Like that's what I don't want. Yeah. For me or for any other entrepreneur. And I don't feel like there's a whole lot of stickiness for people to like latch onto and go, okay, no, I'm, I'm not gonna let that happen and I'm gonna, I'm gonna match up with other entrepreneurs who aren't also gonna let [00:19:00] that happen.
And how do we do this thing together? Right. I mean, that's, that's what I'm in my brain just racking.
No, I totally agree with you on that because there's no good example anywhere in society, whether it be church or the Rotary Club or the government of families. Doing all of this, figuring out a way to prioritize not only the business, but the family time and, and being there to invest in your child's upbringing, you know?
So my dad was a very successful businessman. You know, his, his field was sales, but he was on the road all the time. Right, right. I was a halfway decent high school athlete and, you know, I played three sports a year, four years, all through high school and, and I think he maybe came to three baseball games and one football game in my entire high school career.
Wow. Because he was just on the road traveling all the time. And [00:20:00] you know, those are memories that he never gets to be a part of. And that's sad for him, and it's sad for me, but he was doing that unto creating this amazing life that he built for my mom and my brother and I. And, and, and so looking back on it, I'm really thankful yeah, that he had that sacrifice.
But I also would've liked to have seen him in the stands, right.
I think that if we could, if we could narrow down like the nucleus problem or that maybe the, the, the thing that we don't want to have happen as entrepreneurs, what you just described is. I know that I need to have sacrifice and duty and build this thing for my family.
I don't think any of us misunderstand the assignment. Okay. But we also had this inkling, you know, whether our parents weren't there for us, or like my mom, she was at every single game, even though she worked three jobs and single mom, parent. How she did that, I have no idea. But [00:21:00] the, the dynamic there of I, I know I need to sacrifice or or ha I have a duty of providing and, and, and building a life as you said that your dad did, but I don't wanna just build a life for my wife and kids.
I wanna build a life for my family, which includes me. Right, right. And, and I think back to I've told a story a couple times on the pod, but. I think it was with Tatum, my son, we were together. He was maybe two or something and, and I can't remember exactly what we were doing, but we were outside and, and it just like hit me in the moment that he was never gonna remember this moment.
He was too young, right? Like his, his. I mean, it was, it's in there, but he's not gonna be able to like, recall those memories most likely.
Yeah.
From age two or three. And, and we were just having a blast. And, and the, the, the stickiness of that moment for me was, oh my goodness, this isn't for him. I'm not here in this moment to create a memory for him.
It's for me.
Yeah.
This is my moment. And then it was just like, oh goodness. Like, hold back the waterfalls because, it became [00:22:00] that much more special, right? It wasn't, yes, I was there with him and we were having a great time and it was for him, but, but it was really for me, and so those moments I think are the moments that me, you know, maybe your, your dad wasn't able to be there and somehow, some way I believe that entrepreneurs are like, no.
No, no, we're not gonna, I'm not gonna, I'm not gonna be there for my kids and not have a lifestyle. I'm not gonna be the guy that's there at everything. But we have nothing, right? We have no provision. We have no future. We have no nothing. And not that money does that necessarily, but it's a, it's a, it's a tool in that belt.
Okay? Yes. And, and a business plays that role. But, but then, then the other part of it's, I'm not gonna be away creating millions and creating this lavish lifestyle for my wife and kids or my. Husband and kids if you're a female entrepreneur. But, but then I don't, but I'm not a part of it. I'm not a part of the memories.
I think that there's just this army of entrepreneurs, specifically family oriented entrepreneurs who are going, [00:23:00] no, that's not gonna be us. We're gonna build a business, but we're gonna do it systematically. We're gonna do it with right intentions, and we're gonna do it with clear goals and, and with, with tactics and with relationships along the way that help us build a system, whether it's a million dollar system or a hundred million dollar system, so that we can have exactly what we want in our family and our health and our faith and our lifestyle.
All the other things too, but. Specifically this, there's this, this back and forth between the family and the business. It's like, no, we're gonna have both and we're gonna do both. And sometimes that looks like the family in the business, like you described, going to dinners and, and, and shows. And, and I can think of my girls just a couple weeks ago, we were down in one of my, one of our retail franchises working one of the holidays.
And they just had a blast. We were in the business. Creating memories of course, but we were in the business together and then there's lots of times when we have nothing to do with the business, but because I've built a business or multiple businesses, I could spend that time still making money, but, but I was solely focused on [00:24:00] them doing whatever we were doing, you know, outside with the chickens or whatever.
And it's like. At least, I don't know, maybe I'm crazy, but I'm just gonna beat this drum as loud as I can because I think that there's other families like me.
No, I, I think that there are too, and, and we've actually proven it because every day a new family comes to us and says, oh my gosh, I didn't know that this was possible.
I thought that I was on an island alone feeling the things that I felt, and now I have a community of all of these. Incredibly high performing business owners who believe the same thing around this topic that I do. Right? And, and it is awesome that I get to invest in my family through this, this manner.
And, you know, we are doing so many cool things for the families. You know, we're, we're trying to support marriages and, and, you know, give. Couples tools around communication and upleveling their relationships. You know, you've talked about us launching GXT and you know, it's us trying to provide some type [00:25:00] of education and support around the entrepreneurial children and, and just pouring into the next generation of, of business owners and their mindset and starting them young and.
You know? Yeah. You know, it's cool. I, I don't remember if I told you or not, but I was talking to one of our members last week, and he told me how, you know, his kids on this last GXT call, live call for the kids. We, we had previously talked about building like a set of goals, short-term goals, long-term goals, and helping them understand what those things were.
And, and then their homework assignment was to create a vision board. And, and and so he was, he was. Referencing his kids after that call. And how so? Unbelievably excited they were to go create this vision board, and this is an entrepreneur that has, I don't know, probably a 10 to $15 million business.
He's not perfect by any means, but he is got, he's got a good head on his shoulders and he's got a good family and, and, and they're. For all intents and purposes, good parents. Like they're good people, like they're doing it [00:26:00]
right
and, and he said he was like, I, first off, I don't know if I would've known how to articulate.
How you guys did with my kids about the goal planning and, and what, you know, the difference between the two and, and, and then the, and creating the vision board and to get them so excited about it. To see my kids cutting out stuff from a magazine and drawing and one of his kids was drawing and, and all these things that got him super excited and how they were just jazzed to bring it back to the next call and show all the other kids and this is what I'm excited about and here are my goals.
And to see them like starting to work on it. He was like. This is unbelievable. Like I'm an entrepreneur and we're doing this thing, but somehow you've taken it to another level with my own children.
Yeah.
And and so obviously that felt great, but I, I just think that, you know, entrepreneurs in general we, we do live a different life and yeah, our kids get to see us, but sometimes we don't even know what we're doing.
You know, so how do we, how do we, if we, if we're still kind of still figuring things out, how do we articulate that to [00:27:00] our kids and bring them in? How do we integrate them or even teach them? And the answer is. Well, you, there's no magic formula. But that's what, that's what we're doing with, with GXT inside of our community, is just trying to get kids around structured you know, entrepreneurialism so they can learn and they can, they can be encouraged.
They can see other kids coming up with creative business ideas and solutions and, and and spurring them onto the, to do those same things and how it's so impactful for a family just like that. Who's an entrepreneur. He is. Got a great business, got a great family. He's sacrificed a lot like. You know, he, he we were just talking about it the other day.
He's, he's not able to come to one of our next events because he's like, I, I just can't travel that much. Like, and that I wanna be with you guys, but I, I'm, I've gotta choose my family that specific week. And it's like, dude, I'm not gonna argue with you on that. Like, that's amazing. Good for you. Right? But yet there's still this, this connection, you know, where it makes sense for an entrepreneur.
I. To wanna grow their business, of course, and be around other high performers, all the things that we [00:28:00] do. But, but then it's like, man, what about, what about this other element? What about my family? You know, what about my spouse? What about what about my kids? The kids is an interesting piece because it's like, it's our legacy, you know?
And not every entrepreneur thinks in legacy. I've found out, you know? Some are, some are just, you know. They've got their own plan, you know, whatever that is. I just am not motivated like that. I'm motivated, I'm thinking like the next hundred years and like how that's my personal responsibility. And somewhere in my children, my grandchildren, and in God willing, my great-grandchildren, there's gonna be, there's gonna be at least one that picks up the mantle.
I mean, obviously I want 'em to work all together in a big, in a big family office and, and accomplish big goals. But, but I just need one, one more like me, you know? Right.
You're right. A lot of entrepreneurs don't think in legacy and the ones that do think in legacy, miss the key component of legacy, which is not necessarily what you leave.
Right. But the education that you leave them on, how to deal with what's been left. Right. [00:29:00] Right. Which. N needs to be done through conversations and examples and mentorship and, you know, all of those type of things. The, the, you know, we, we had a, a conversation recently about the difference between the Vanderbilts and the Rockefellers, right?
And if you want a case study on how to impart legacy that those two families are, are just a great example of that.
Yeah. One, one one Got it. Through the next generation, not just to the next generation. Yeah. You know, we had a, we had a, a family legacy planner come in to one of our events and, and that was one of the phrases that she used.
She said, it's not about getting, you know, your resources to the next generation. It's getting it through them.
Yeah.
And then, okay, so now what that does is it opens up a whole nother conversation around, you know, our values our, how, how do we make decisions what's our driving force here as a family which.
[00:30:00] Makes a lot of sense. And I think that like once you hear it, you're like, oh yeah, of course I should have family values and a family mission statement and, and I should be curating my decisions. So that way as my kids watch me make decisions, and then also as I teach them to make decisions, this, this resource, not just money, but all the things that we're building get, get on and on and on and on.
Just like you're saying about the Rockefellers as opposed to, you know, the Vanderbilts who just. You know, for lack of a better term, squandered it, you know?
Yeah.
Can't just give money and resource, right? It's gotta, they've gotta have the character and the decision making and the resources and the, and the knowledge to be able to take what's been left, but then to multiply it.
You know, it's not just, Hey, here you go, it's, Hey, here you go, and here's the mission. Here's what you need to accomplish, you know, this is just the beginning. You know, it is, this might sound a little weird, but I was having this conversation with my then 10-year-old. She's 11 now. This was probably about a year ago.
She was in my office and we were having basically this conversation. [00:31:00] She was looking at my vision board and it's got some, you know, cool stuff on there, and one of which is a hundred million dollar club ticket, like a, like a thing that I cut out. And and she was asking what that was, and I was like, well, you know.
I believe that in my lifetime I'll be able to accumulate a net worth of a hundred million dollars. But worst case scenario, I'm gonna leave you with whatever resources I have and the knowledge and the plan to where you'll be able to accomplish it in your lifetime. And, and then, then your kids will take it from there and, and then their kids will take it from there.
And. And it's not just about the money, the dollar amount it was, that's just a, that's just a target. That's just something to aim at. But I think that, you know, based on these things that we have going for us we can, we can provide enough value in these ways to the marketplace where eventually what will, what our business will be, of course we'll have lots of businesses, but the main business, the family office will be taking the money and putting it in in.
Resources or putting it in [00:32:00] levers that, that move the family mission forward. And she was like, okay. Like she could see her getting excited about that, you know, now she's the first born, so that, that makes sense. But getting excited about what that looks like as she's, you know, maybe she's 51 day, you know, that's 40 years from now, you know, and I'm in my seventies and she's 50 and she's got kids, maybe even grandkids at that point.
And it's like, oh my goodness, this is like. Happened. Right. You remember that conversation when we had, when, when you were 10. And we've, and we've, we've got this family office now where me and, and her and her siblings and, and her kids at that point, and my other kids', kids are working together in a family office scenario where we're looking at acquiring companies or investing in properties or whatever we're doing to move the money needle forward.
Sure. But we're doing it unto. This other specific family mission that we've, we've created and we want to be able to impact the world and like, oh my goodness, that gives me chills and goosebumps. You know what I mean?
[00:33:00] Yeah.
To have that conversation with a 10-year-old, I was like,
yes. It's powerful. It's really powerful.
It's incredible. You had mentioned something earlier. Around the family being the motivation for you as a builder, as a creator, to go do the things that you were doing. You were talking about this yesterday on one of our, you know, internal calls you were teaching on one of the principles inside of Thinking Grow Rich is, which is a book that we reference all the time and, and we teach on all the time.
And I wanted to say this on the call and I just didn't have the opportunity, the importance of a family, a spouse, a, a woman, to, build something for serve, you know, all of that type of stuff. A family as motivation for entrepreneurs going out and doing something. And I don't have any statistics on this, but just from the eye test, you know what you were talking about.
Well, before I move on, I put you on the spot here, but do you remember kind of what you were talking about yesterday around that?
Oh yeah, yeah. I mean, basically the, [00:34:00] you know, Napoleon Hill references that, you know, without women, wealth and power would mean nothing to men. Now this was written over a hundred years ago and there's plenty of women entrepreneurs out there, and so it's the same.
But he spoke it in a, in a, in a frame of that there's this, that there's this power in, in, in the family, but specifically he was referencing the power of the woman. You know, this one singular woman who can easily manage this incredibly powerful man. If he's given, you know, like basically he, he gives this easily managed power to, to one to one woman and how unique that is.
Anyway, keep going.
Yeah, no, just, and again, I don't have any statistics to back this up, but my eye test is what I'm going off of. You know, the amount of single homeless men in America. They don't have that motivation or they don't have that connection piece that they're growing and building and creating and doing something for.
Right? And [00:35:00] so I think that it's really important that we don't lose sight of like, I'm gonna go do all of this stuff unto doing it for these people. This family, this nucleus that I'm creating. So,
yeah. Yeah. And there's, there's stats around income you know, the, the, the single man income versus the married man income.
Yeah. Versus the married man with children income. It's like
35% difference in pay.
Yeah. Just even in corporate America. Exactly, exactly. And obviously that that's you know, the, I don't know what the percentages are for the, for entrepreneurs, I'm sure it's different, but the, the same stair stepped, you know, results are gonna be there because Yeah.
You know, we're pushing, you know, and, and I think all entrepreneurs are gonna build and drive no matter what. Like, I've had this conversation with Julie, she was like, if I wasn't here, you would still be building something. Sure, yes, I would because that's, that's, that's a desire inside of me to create, but.
But it wouldn't be nearly what it is right now because. Again, there's like, there's, there's this desire, not [00:36:00] necessarily to impress, but, but kind of like, I wanna impress, I wanna, I wanna provide, I wanna be, I wanna, you know, like all these things that, that driving force specifically that comes from that, from that connection to her.
But then obviously for my family, now that I'm thinking like in a hundred years, I. Oh, and that's like, oh geez, like there's so much work to get done. I can't, there's no time to rest or sleep. Of course, I believe in rest and sleep, but you know, if I'm thinking the next a hundred years and how, you know, like if I'm first generation, then we're, I'm behind, you know, and, and I'm not trying to play the game from behind, but I'm, I'm trying to put a, a real perspective of the work that needs to be done over the next 100 years that I'm saying I'm personally responsible for.
Cool. But I also don't want that to take me away from my family. I wanna do it with my family. I'm trying to build the next a hundred years with my family, not necessarily just for them, so they can have this amazing life and all these memories like you, but, but none with me, you know?
Yeah. No, and I think that's really powerful.
And the takeaway from this conversation, Chaz, is, is that, you know, for the listener who believes [00:37:00] the things that we're talking about, they're not alone, right? Like there are people out there that think the way that you think, that believe, the way that you believe, and it's possible. We have seen it multiple, multiple times through different community members inside of gathering the Kings.
Yeah. And I would just, I mean, maybe we can end with that, but if you're listening right now and you're an entrepreneur who's family oriented, you're down to earth, you want to grow and, but the family is, is just as important as the business. Like that's, that's who gathering the Kings is for. You know, there's, there's, there are members who get.
You know, value just from being around other people like that, simply because when I can see. You know, Ross, or when I can see, you know, Jeff or, or some of these other folks that are like doing the thing with their family and their business, I don't, it's, there's no tactics that are all, that some, I mean, yeah, sure.
Maybe there's tactics that he's doing that I can do. Yeah. [00:38:00] And we, and we teach those, but sometimes just watching and sometimes just being in the room and watching what they're doing and going, well, if he can do it, I can do it. And, and I used to say that on this show, actually we did 500 episodes. As gathering the Kings or 300 episodes, gathering the Kings before we change to Driven to Win, and at the very beginning of every single interview I did before I hit the record button with the, with the guest, I would say I have one.
You know, one goal here with you is to, to transfer courage to the listener. And, and that's what my whole goal with this show, or even with the, with the community has been. Yeah, we provide tactics. We talk about even in the show tactics and your, and different stories of the people that we've had, but overall, this show, our community will always ever have.
You know, lots of topics, but, but one main, if I can, if I can transfer courage, yes. If I can get you to believe just a little bit more, that if I can do it, you can do it. Or if Jay can do it, you can do it. Or if she can do it, you can do it. I mean, a lot of times that's all we need as entrepreneurs. And so anyway, [00:39:00] if your family oriented, you're down to earth, you want to grow you've thought about getting your family involved in something, but you can't find it because there's not much out there.
Or maybe you've never thought about it and you're like, this is super interesting. Go to gathering the kings.com and take a look at what we're doing for our community. The stuff that we're doing for kids is not associated to that website yet. We've got kind of our own little information on that, so you can still reach out though and inquire about our kids stuff.
We've got we've got some other, other resources that we can, we can provide for you in that way, but it is we're taking this thing seriously. You know, the business and the family is, is under attack, right? For lack of better terms. And I'm not gonna get into who's attacking what, but here's what I know is that me and my family are gonna be strong and the business is gonna be strong and we're gonna win in all areas.
And and I wanna be around as many entrepreneurs that think the same thing. Yeah,
I love that man.
Well, Jake, appreciate you jumping on here today, man. I get to see you next week. We're gonna be traveling and doing some cool stuff with our, with one of our clients actually. [00:40:00] And can't wait to see you in person, but for now, appreciate the value that you always bring and we'll sign off and we'll talk to you later.
Thanks you, sir.
Thank you for listening to Driven to Win. I hope that you were able to pull out a few nuggets to go apply into your business right away. More importantly though, I hope that you're realizing that it takes more to be successful than just being by yourself, doing it all on your own, carrying the weight all by yourself.
What I have realized, not only in my own journey from multiple businesses and multiple different industries, and now interviewing over two or 300. Other very successful seven, eight, and nine figure business owners is that it's tough to do it alone. And so gathering the kings exists to bring together successful entrepreneurs.
In fact, we are putting together 1000 kings specifically, who are grateful but not done. We're intentionally assembling kings who fight tooth and nail for their business, family, and communities. And here's what we believe that in the pursuit of excellence in those [00:41:00] areas. That it ignites within us the responsibility to govern power and forge a lasting legacy.
So if that relates and resonates with you and you know that you need people around you, sharp, qualified, other very successful business owners, I want you to go to gathering the kings.com. I want you to take a look at what we're doing and see if it makes sense for you to be part of our pursuit to 1000 Kings Talk soon.
In this heartfelt and real convo, Chaz Wolfe and Jake Isaacs talk about something that hits deep: how to win in business without losing your family. They break down the pressure entrepreneurs feel to provide, how to stay present at home, and how to define success for your unique family unit. They also introduce GTK’s newest initiative — Generation Next — a program to help kids 8–18 learn success principles early. Whether you’re building for legacy or just trying to be more present, this one’s for you.
Chaz Wolfe:
Link tree: https://linktr.ee/chazwolfe
Website: http://www.gatheringthekings.com
Facebook: https://www.facebook.com/chazwolfe/
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Instagram: https://www.instagram.com/gtkfamilymastermind
LinkedIn: https://www.linkedin.com/in/chaz-wolfe-86767054/
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TikTok: https://www.tiktok.com/@gtkfamilymastermind
YouTube: https://www.youtube.com/channel/UCM1-6UfgrdBzqk1k20VJgXQ
Chaz's favorite morning drink to fuel him for his day:
10% off Code: GATHERINGKINGS10
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