Chris Schmidt

[Chris Schmidt @taxmaster100]

@GlobalAiDotCom DMs are turned off for you. Is there another way?

[Chris Schmidt @taxmaster100]

@GlobalAiDotCom 230

[Chris Schmidt @taxmaster100]

@AndrewBolis Money

[Chris Schmidt @taxmaster100]

@AndrewBolis Copy

[Chris Schmidt @taxmaster100]

@AlfieJCarter Fable

[Chris Schmidt @taxmaster100]

Went above and beyond to help one of your passengers, selflessly ignoring the trauma to herself from having to do that for someone and watching them die ON YOUR FLIGHT! Just asking for a hotel voucher and a different flight, pathetic @SouthwestAir

[Chris Schmidt @taxmaster100]

@SouthwestAir, terrible experience my family had with you on their most recent trip to NYC. After an inflight emergency, with my wife giving CPR to a passenger for 45+ minutes + an emergency landing, you refused to put them up in a hotel to catch a flight the next day. Pathetic!

[Chris Schmidt @taxmaster100]

We will be flying @united or @Delta going forward and canceling our southwest credit card after the terrible customer service we have experienced.

[Napoleon Hill @napoleonmastery]

Remember, too, that all who succeed in life get off to a bad start, and pass through many heartbreaking struggles before they "arrive". The turning point in the lives of those who succeed usually comes at some moment of crisis, through which they are introduced to their "other selves”.

[Russell Brunson @russellbrunson]

Your network determines your net worth. Your environment determines your network.

[PEoperator⚡️ @PEoperator]

You should be using AI to help you think, not letting it think for you

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Should you Have a Family Office?

You have $50M+ in liquid assets.
Your advisor says you don't need a family office.
They might be wrong.

Here's how to actually decide 🧵

[Chris Schmidt @taxmaster100]

Asset allocation impacts things from risk, free cashflow, and wealth generation. Determining what the appropriate allocation is for your FO should be based on a solid and well-defined investment policy with clear goals and objectives.

[Mr Family Office @MrFamilyOffice]

US asset allocation:

[TheFamilyOfficeAdvisor @TheFOAdvisor]

Most founders think the hard part is building the company.

It’s not.

The hard part is what happens after the exit.

[TheFamilyOfficeAdvisor @TheFOAdvisor]

No fluff. No generic financial advice.
Just what the top 1% of wealth management actually looks like.

Follow if that's you. 👇

[Clint Awana @clintoptions]

I have a secret to share

After your first $2–$3 million, a paid off home and a good car, there is no difference in quality of life between you and Jeff Bezos. Both of you have limited amount of time on earth; you have twice if not more than Jeff, so you are richer than him. A cheeseburger is a cheeseburger whether a billionaire eats or you do.

Money is nothing but a piece of paper or a number in your app. Real life is outdoors.

Become financially independent; that’s usually 2–3mil. Have good food. Enjoy the relations. Workout. Sleep well. Call your parents. That’s all there is to life. Greed has no end.

Repeat after me: Time is the currency of life. Money is not.

Sooner you figure this out, happier you will be.

[Mr Family Office @MrFamilyOffice]

A big advantage of Virtual Family Offices: the family gets to work with the best of the best

It often does not make sense for families to hire rock star CIOs, tax attorneys or CFOs

The volume of family office deals doesn't justify the expense

It has been estimated that 76% of family offices make 10 transactions or fewer each year

A-players don't want that

Families don't want expensive employees twiddling their thumbs

But VFOs plug into the best people when it matters, and only when it matters

It's good for the family
It's good for fractional employees

Friday's newsletter:
Virtual Family Offices: Running Global Wealth From Your Laptop
the family office without an office

[Chris Schmidt @taxmaster100]

@GlobalAiDotCom @theCUBE Enjoying all the progress made ao far. Please send the link to the full panel.

[Chris Schmidt @taxmaster100]

@MrFamilyOffice Check out Jamie Yuenger’s StoryKeep! Her company helps families craft narratives or resilience - stories that preserve meaning, deepen belonging, and guide the future. https://t.co/B65W8wSyH6