Leave a Legacy: The Two Essentials for Lasting Impact

Do you want to make a difference that lasts for generations? If you have children or grandchildren that you want to benefit, bless, and uplift, you can make plans now to accomplish that priority.

Before you start planning, though, there are two essentials you’ll need. These two components will help you get started and follow through so that you complete your plans.  

Rachel Marshall’s near-death experience during childbirth was more than just a life-changing event; it was a wake-up call that transformed her perspective on the fragility of life and the urgency of planning for the future. 

This episode urges us to rethink our priorities and embrace a mindset that transcends personal gain to create a ripple effect of positive impact. Rachel’s poignant story serves as a powerful reminder that our current mindset shapes our behaviors and results, urging us to seize our resources to make a meaningful, lasting difference for future generations.

Join us as we explore how shifting from self-centered thinking to an impact-driven approach can revolutionize both our personal lives and professional endeavors. 

Rachel emphasizes the importance of building generational wealth and fostering family enterprises that serve not just ourselves but our descendants. We delve into the concept of creating multi-faceted wealth—encompassing financial, human, social, intellectual, and spiritual capital—using the ancient Iroquois’ seven-generation perspective as inspiration. 

This episode is a compelling call to action to adopt long-term thinking and commit to creating value for others, laying the groundwork for a legacy that promotes human flourishing across generations.

Tune in today to get equipped with the right mindset so you can ensure your efforts to provide for your children, protect your family, leave an inheritance, complete your estate planning, pass on family wealth, and train your children will leave a lasting impact.

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Personal Crisis to Legacy

If you want to leave a legacy, make a difference, and leave the world a better place, you will have to think differently and become a different person to do it. Legacy wasn’t always on my mind; there was a time when I took my life and health for granted. It wasn’t until a personal crisis that I came face to face with reality: life is not guaranteed. 

After an already difficult birth, my situation took a turn when I began losing an overwhelming amount of blood, and I ended up needing a full blood transfusion. Our family was faced with the very real possibility that I would not make it. I’m grateful to be here today, but I’m also profoundly grateful for the complete shift that experience was for how Lucas and I approach life and legacy. Tomorrow is not guaranteed, do not wait to make positive change and prepare your legacy.

[05:10] “The fact that our lives are not guaranteed makes us realize that we have power today while we have our mental faculties and our breath to be able to do so much that will impact the lives of our children and grandchildren beyond us.”

Two Essentials for Lasting Impact

If you’re ready to create lasting impact for your children, grandchildren, and many generations beyond that, you’ve got to change your mindset. It’s not as simple as it sounds, however. Our actions follow our thinking, so it’s critical that you’re not just changing your behaviors to try and achieve results. You’ve also got to change your mind. That way, you’re living and embodying the transformation you’re trying to achieve, rather than paying it mere lip service. 

[06:15] “If you just try to do the right tactics and strategies and figure out what the successful people are doing, and you just try to implement behavior… the challenge is you can exhaust yourself… when your mindset is still over here, stuck in the old way… that’s pulling you back into your old way of operating.”

In order to accomplish a full transformation, you’ve got to shift your thinking from a self-centric standpoint to a world-centric standpoint. Rather than examining your actions from a standpoint of personal gain, you want to think about how your actions can benefit the world around you. How will your actions benefit your clients, your children, your community? If you want to leave a legacy, you have to think beyond yourself, to the things and people you’ll leave behind. 

Examples of a legacy could include a charitable foundation that lasts beyond your lifetime. It could be the banking system that you leave to your kids, who in turn leave to their kids, and hopefully on in perpetuity. Your legacy could be your company, or it could be as simple as the fond way that people remember you. You won’t always get to choose your impact, but you can choose the actions you take in the here and now, and that has a lot of influence on what impression you leave behind. 

So what are the two key elements of your mindset that you need in order to make this shift?

1. The decision to create wealth.
2. A seven-generation lens. 

If you can lean into these two components wholeheartedly, you’ll get 80% of the way there. But you can’t focus on just one, you’ve got to adopt both.

The Decision to Create Wealth

The most important thing to remember in this regard is that wealth and money are not the same thing. Money is a financial tool that facilitates wealth, and wealth is the fullness of experience, as Dan Sullivan puts it in his book, “10x is Easier than 2X”. Wealth is human flourishing. When you have purpose, fulfillment, and fullness in your life, you are wealthy. 

So why is it important to have the DECISION to create wealth? Because by choosing to create flourishing in your life, and beyond, you are thinking beyond money. You’re thinking about your actions and what it means to live a full life. You are transforming your mindset to inform your actions.

[15:36] “You’re not just thinking about the money that you can get to your kids and grandkids, or the money that they’ll have, or the money that they’ll use. Instead, you’re thinking about the kind of people that they become—the character, the stewardship, the values that they’ll exhibit, the kinds of relationships they’ll have, the opportunities they’ll have, the access they’ll have. So if you think about how to create that for your children, you will think about developing multiple areas of their life. You’ll think about how to develop their human capital, their social capital, their intellectual capital, their spiritual capital, and their financial capital.” 

By committing to human flourishing, you’re setting yourself up to be a producer and leader. You’ll do immeasurable good because you are seeking human flourishing, and financial capital will follow because that is how our economy works. 

The 7-Generation Lens

Next, you’ve got to adopt your 7-generation glasses. In other words, you have to change your worldview to one that includes seven generations. Rather than thinking only about the impact of your actions on your children and grandchildren, what about seven generations in the future? Won’t that shape how you spend your money, the lessons you teach your children, and so much more?

[22:15] “When you’re thinking way beyond you, now your lens makes the decision so much clearer because you’re not just thinking about how you can do something that’s going to have a short-term…result. You’re thinking about the longest-term solutions, the things that will last…[and] actually matter after you’re gone.”

So, are you ready to transform and start building your legacy?

Book A Strategy Call

Are you ready to take control of your finances and legacy? We offer two powerful ways to help you create lasting impact:

1. Financial Strategy Call – Discover how Privatized Banking, alternative investments, tax-mitigation, and cash flow strategies can accelerate your time and money freedom while improving your life today. Let us show you how to align your financial resources for maximum growth and efficiency. Book a Strategy Call with our team today.
2. Legacy Strategy Call – If you want to uncover your family values, mission, and vision, and create a legacy that’s about more than just money, we can guide you through the process of financial stewardship and family leadership. Save time coordinating your family’s finances while building a legacy that lasts for generations. Book a Legacy Strategy Call to learn more about how we can help.

We specialize in working with wealth creators and their families to unlock their potential and build a meaningful, multigenerational legacy.