John Knowlton shares insights on the importance of thinking in achieving an abundant life. He discusses his journey from early financial education to building a wealth management business and emphasizes the role of faith in managing wealth. John introduces the concept of shared governance in family wealth, advocating for transparency and collaboration among family members.
He highlights the significance of instilling values in children from a young age and the necessity of open discussions about finances. The conversation also touches on leadership, personal responsibility, and the upcoming book 'Thinking for Success', which aims to help individuals improve their thinking for better outcomes.
Takeaways
- All outcomes stem from our thinking.
- Financial education should start early.
- Wealth can serve God's purposes.
- Shared governance promotes family unity.
- Transparency in finances builds trust.
- Values should be instilled early in children.
- Conflict resolution is essential in family governance.
- Regular family meetings foster communication.
- Start financial conversations at the dinner table.
- Personal responsibility is key to success.
Chapters
- 07:25 Wealth, Family, and Generational Governance
- 14:03 Shared Governance: A New Model for Family Wealth
- 21:11 Transmitting Values Through Family Conversations
- 25:26 The Inspiration Behind 'Thinking for Success'
- 28:04 Taking Responsibility for Our Thoughts
- 31:58 Overcoming External Obstacles in Leadership
- 35:15 Practical Tools for Team Development
- 38:08 Fun and Personal Insights with John Knowlton
- 43:07 Living into Your Purpose