Legacy - II
Issue #61 - Worst Than an Infidel
Hi Seamless Life Triber,
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This Week’s Letter
Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.
Wondering why most of our parents feel stuck or have regrets?
They had little access to knowledge and every other form of leverage that could have helped them, and in return, help the next two generations.
One thing that I have seen as a common trait among the wealthy clan is that they think in generations.
You have to find a way to set your clan up for success. At least the next 2-3 generations.
It’s said that you apply almost the same effort to both a small and a big dream.
You might as well dream Big.
Our fathers and mothers had no time to think big. They were more concerned about the next meal. They were so focused on making sure we are good for the next day or next month.
The best they could do is set up a physical structure in the form of building a house for the family. I believe that’s great, but generational wealth is beyond the home your family live in.
Today, I want us to address the first dimension of Legacy, which is Material. This also applies to the Assets you leave behind.
Back to the Bible Verse I started with:
Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.
Sorry, my bad.
I didn’t ask how you were doing today.
I trust you are good.
You good? All right, let’s dive in.
The bible verse above talks about provision.
Provision to people related to you, I think the whole world is related to you, if we are all created by one God and also born from one Adamic stream.
Then it further said, especially your household.
I would like us to first of all focus on Provision.
I started by opening your mind to how you should see provision.
You can see the basic human necessity as the best provision you could provide for your immediate family.
You could also go beyond that to making sure those necessity never diminishes for the foreseeable future, and it goes beyond just your family but the world.
I hate when I start confusing you. I know you are probably trying to put the pieces together right now.
I would love it if you figure this thing out yourself.
But I would also like to break it down properly.
When it comes to Material (Assets) Legacy.
You have to understand that it deals with physical things that are valuable.
These physical things are what you leave behind for your family.
You can decide to only think of your immediate family.
You can also decide to dream big; decide to also leave some for the whole world.
My advice is that you aim to leave for the world; in the process of doing that, you leave more than enough for your family and relatives.
Our parents focused on their family, and they did well enough to save up and build a house, feed us, clothe us, and buy a car.
If you want to leave a material legacy that’s truly massive, then you have to run like a man trying to feed the world.
It’s like aiming for the galaxy; you will probably land on a star or die with nothing in the process.
It’s definitely worth it!
In aiming for the kind of material legacy that will change your world.
You have to set yourself up for success.
Stand upon what your father built.
Use what you have currently, but think x1000.
3 things will most likely change your generational legacy.
One is Location
If all you could do is put the next generation in a community of wealthy people, that will do a lot.
They get to make better friends, attend better schools, access better opportunities, and rewire their mindset.
Where you live matters a lot.
Two is System
You have to build something that delivers consistent cash flow with or without you.
God created all things once, and since then, he has never had to do the work again.
That’s how to think whenever you are building something.
How can I set the next 2 generations up so they don’t have to worry about money?
Building a business? Compound Interest? Real Estate Income?
You have to find your own vehicle and start fueling it today, not just for yourself, but for the next 2 generations.
Three is Family Enterprise
If you want the single most underrated material asset, it’s Data.
Ownership of unique, ethically gathered data-consumer behaviour, industry trends, or community metrics will become the next oil.
Find a way to connect to the next wave of oil.
Build a mission-driven brand, foundation, or holding company.
Why:
A brand with values and vision outlives its founder.
It becomes a container for all other assets: IP, equity, real estate, and investments.
Future generations can build upon it without starting from scratch.
Connect to Tech and AI and leave a bit of leverage for the next generation.
The true material legacy isn’t what your children can sell; it’s what they can keep building on.
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Thank you.
This Week’s Ponder
Think about the next 2-3 generations not just your children in whatever you are doing.
This Week’s Offer
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Until next week,
Sam Femi, Founder, Seamless Life Africa
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