Jeff Dudan

I want kids.

Well, I think you're going to be like the Empire Carpet guy. You know who I'm talking about?

Well, I think you're going to be like the Empire Carpet guy. You know who I'm talking about?

Yeah, like 588-2300. I grew up in Chicago. That's where that guy's from. And it used to be him. When I was a kid, that was him. But now he's dead. So now it's a cartoon guy. But it's still the same guy. One day, you'll still be all over the face of this and probably many other businesses. But it'll have to be the cartoon.

Yeah, like 588-2300. I grew up in Chicago. That's where that guy's from. And it used to be him. When I was a kid, that was him. But now he's dead. So now it's a cartoon guy. But it's still the same guy. One day, you'll still be all over the face of this and probably many other businesses. But it'll have to be the cartoon.

Yeah. So I tell my kids, like, when they want to buy something, like rims or something, I'd say, okay, you're going to spend $1,000 on this. Are you willing to give up $65,000 25 years from now? Because that $1,000, if you put it in the spreadsheet and you hit it with 8%, Right in that 25-year range, it turns into $65,000. And I'm like, are you willing to give that up?

Yeah. So I tell my kids, like, when they want to buy something, like rims or something, I'd say, okay, you're going to spend $1,000 on this. Are you willing to give up $65,000 25 years from now? Because that $1,000, if you put it in the spreadsheet and you hit it with 8%, Right in that 25-year range, it turns into $65,000. And I'm like, are you willing to give that up?

I mean, compound interest is the eighth wonder of the world. I mean, you're young. Thank God I invested in a lot of real estate young. I was just kind of a contractor. And I know you did apartment buildings, but I was just building houses and owning rental property. And everywhere I went, we bought an office building and stuff like that. And thank God. That adds up. Thank God.

I mean, compound interest is the eighth wonder of the world. I mean, you're young. Thank God I invested in a lot of real estate young. I was just kind of a contractor. And I know you did apartment buildings, but I was just building houses and owning rental property. And everywhere I went, we bought an office building and stuff like that. And thank God. That adds up. Thank God.

I mean, over time, it's just, you know, you couldn't afford to buy this stuff today for what we bought it over time. And, you know, it's the same thing for them. They need to be putting together these assets. But, like, people don't do it. And then what happens is, right, they have just enough to live. And all of a sudden, we go through an inflationary period. People are in their 50s and 60s.

I mean, over time, it's just, you know, you couldn't afford to buy this stuff today for what we bought it over time. And, you know, it's the same thing for them. They need to be putting together these assets. But, like, people don't do it. And then what happens is, right, they have just enough to live. And all of a sudden, we go through an inflationary period. People are in their 50s and 60s.

They don't have the same earning potential or the energy. And next thing you know, like, my mom's still living, right? And she is tight. I mean, like one rotisserie chicken, three days. And she's got some money. And I told her, I said, please spend your money. I'll take care of you. You know, you don't have to worry about running. Your house is cash.

They don't have the same earning potential or the energy. And next thing you know, like, my mom's still living, right? And she is tight. I mean, like one rotisserie chicken, three days. And she's got some money. And I told her, I said, please spend your money. I'll take care of you. You know, you don't have to worry about running. Your house is cash.

We bought her a house for cash when she moved to North Carolina three years ago. She's got money in the bank.

We bought her a house for cash when she moved to North Carolina three years ago. She's got money in the bank.

Let's see. She was born in 44.

Let's see. She was born in 44.

I'll make it up to you.

I'll make it up to you.

And I'm prepared for it. All right. You're already a billionaire, just not today. But it's destined. The die's been cast. And you get your family going. By the way, you'll never regret. doing that. You'll never regret it. It's the greatest thing. That's my legacy. I hang my hat on that. We're three for three with our kids. And I'll never regret anything that I sacrificed for that.