Raising Financially Savvy Kids With Shannon Robnett

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Recorded22 Nov 2024

Publisherrss.libsyn.com ↗

Handlerec:12102538

Show notes

Shannon Robnett is the Founder and CEO of Shannon Robnett Industries, a real estate development and syndication firm focused on residential and industrial real estate projects. With over 30 years in the Boise real estate market, he is a second-generation builder and fourth-generation realtor, managing $120 million in assets and overseeing $425 million in diverse projects. Shannon has an impressive track record, with over $140M in successful developments, more than $60M in capital raised, and $28M in profits delivered to investors. Beyond his professional expertise, he is passionate about fostering an entrepreneurial spirit and smart financial habits in younger generations, leveraging his personal experiences and family history to guide his teachings on wealth and legacy building. In this episode… Raising financially responsible children and building lasting wealth are goals for many families, but they come with challenges. Teaching financial discipline, work ethic, and entrepreneurial thinking to the next generation requires more than traditional advice — it calls for hands-on experiences and impactful lessons that resonate. How can you ensure that your family's hard-earned wealth is preserved and expanded upon by your descendants? Shannon Robnett, a seasoned real estate developer and syndicator, shares how he instilled financial responsibility in his children through unique, practical strategies. From having his kids pay $80 a month for a shared car to investing in student loan debt instead of paying it off outright, Shannon explains how these real-life lessons prepared them for financial independence and smart decision-making. He also discusses how his experience in construction and real estate shaped his approach to family finance, instilling in his children the importance of good debt and calculated risk-taking. Tune in to this episode of the Smart Business Revolution Podcast as John Corcoran interviews Shannon Robnett, Founder and CEO of Shannon Robnett Industries, about innovative ways to teach financial responsibility and build family wealth. Shannon provides insights into managing wealth through 1031 exchange, team management, and scaling a construction business. By the end of the episode, listeners will gain strategies to build financial literacy and responsibility in their families for lasting prosperity.

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