Nick Friedman
👤 PersonAppearances Over Time
Podcast Appearances
And I think that's why social initiatives and giving is that much more critical.
And I think that's why social initiatives and giving is that much more critical.
Ooh, great question. Well, hopefully my parents or hopefully my children are adults by the time I pass away. And so I've been able to at least steward and observe their ability to be high functioning members of society, not, you know, degenerates or whatever other, you know, bad paths that in some cases you fear your kids could go down. Yeah.
Ooh, great question. Well, hopefully my parents or hopefully my children are adults by the time I pass away. And so I've been able to at least steward and observe their ability to be high functioning members of society, not, you know, degenerates or whatever other, you know, bad paths that in some cases you fear your kids could go down. Yeah.
given that they're assuming that they're high impact, high performing members of society. I don't think I would be afraid to bestow them my my, you know, my estate to invest and to impact and to give, you know, how they would see.
given that they're assuming that they're high impact, high performing members of society. I don't think I would be afraid to bestow them my my, you know, my estate to invest and to impact and to give, you know, how they would see.
I mean, obviously, maybe not 100 percent. I would, you know. allocate a significant amount to charitable causes that I'm passionate about, or charitable trusts that would have a trustee to help, you know, disseminate over time. But, but yeah, I think, I think the, you know, the ability for for your kids to carry things forward is important.
I mean, obviously, maybe not 100 percent. I would, you know. allocate a significant amount to charitable causes that I'm passionate about, or charitable trusts that would have a trustee to help, you know, disseminate over time. But, but yeah, I think, I think the, you know, the ability for for your kids to carry things forward is important.
The Mike Tyson quote recently, I love that he was getting interviewed by like a 13 year old girl, he just goes off the rails, he goes, legacy is another word for ego. And I thought that was interesting, because, you know, a lot of people talk about wanting to make, you know, leave a legacy. And,
The Mike Tyson quote recently, I love that he was getting interviewed by like a 13 year old girl, he just goes off the rails, he goes, legacy is another word for ego. And I thought that was interesting, because, you know, a lot of people talk about wanting to make, you know, leave a legacy. And,
You know, when he said that, it actually made me think a little bit like, you know, is it really am I trying to leave a legacy that just so people remember me or am I trying to leave a legacy of actually, you know, making an impact and helping empowering others?
You know, when he said that, it actually made me think a little bit like, you know, is it really am I trying to leave a legacy that just so people remember me or am I trying to leave a legacy of actually, you know, making an impact and helping empowering others?
So as I think about what that future looks like, stuff that I'm passionate about, entrepreneurship, building leaders, lifting up, empowering communities that maybe don't have the opportunities that we have. we all had, whether it's through mentorship or, you know, investment, then I think those would be the channels that I would deploy money to.
So as I think about what that future looks like, stuff that I'm passionate about, entrepreneurship, building leaders, lifting up, empowering communities that maybe don't have the opportunities that we have. we all had, whether it's through mentorship or, you know, investment, then I think those would be the channels that I would deploy money to.
And then, you know, hopefully my kids are good stewards and would want to start businesses or make a difference as well with whatever there is left for them. And of course, there's the Bill Perkins concept, you know, spend it all before you die.
And then, you know, hopefully my kids are good stewards and would want to start businesses or make a difference as well with whatever there is left for them. And of course, there's the Bill Perkins concept, you know, spend it all before you die.
And I don't know if I subscribe to that totally, but I get the point of, you know, you're not going to be here and you don't want people to, you know, mismanage it while you're gone. So why not be the steward of it while you're here?
And I don't know if I subscribe to that totally, but I get the point of, you know, you're not going to be here and you don't want people to, you know, mismanage it while you're gone. So why not be the steward of it while you're here?
I'll say my answer today will be 50%. I'll split the difference on that one.
I'll say my answer today will be 50%. I'll split the difference on that one.