#442 Building Generational Wealth with Ken McElroy

Get ready for a hard-hitting episode of Main Street Business as your host Mark J. Kohler dives deep with the infamous real estate investor, popular public speaker, author, and CEO of MC Companies, Ken McElroy.As an authoritative figure in the real estate and small business sectors, Ken shares how he built his multi-billion dollar empire from scratch, starting with a 60-unit property in downtown Seattle. He details his entire entrepreneurial journey and shares strategies adopted to magnify his entrepreneurial persona. The episode not only offers a deep insight into Ken's incredible career pathway but also explores the nuances of cultivating a business-oriented mindset.The conversation turns personal as Ken speaks about the role his children play in his life and business. He opens up about encouraging his children to learn the ropes in the world before joining MC Companies. Ken strongly believes how this period of 'external exposure' provided them a chance to understand diverse perspectives, gain knowledge, and return wiser and equipped for higher pursuits.It’s an episode rich with invaluable advice and lessons as Ken discusses the importance of deploying the capital earned into real estate and how it relates to achieving personal and professional goals. He stresses the significance of establishing genuine relationships in the entrepreneurial journey and explains how these bind into the fabric of one's success story.You don't want to miss the chance to learn from one of the industry's best. Join Mark and Ken for insights on real estate investing, core personal values, and paving the path to success for future generations. Like, subscribe and continue to explore the endeavor of building generational wealth on MSB.For more game-changing financial strategies, be sure to like and subscribe to the podcast, and sign up for our weekly newsletter to get more FREE education every week: https://markjkohler.com/contact-us/For more opportunities to learn from Ken McElroy, follow the link below to his website and stay connected: https://kenmcelroy.com/Ready to Take the Next Step?Work With Mat & Mark’s Law FirmGet strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.[Book a Call with KKOS Lawyers]Take Control of Your RetirementWant to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.[Learn More About Directed IRA]Free ResourcesMat Sorensen’s Optimal Order of Investing GuideLearn how to prioritize where your money should go and build a smarter investing strategy.[Download the Free Guide]Mark J. Kohler’s 30-Point Tax GuideDiscover practical tax strategies and planning opportunities every business owner and investor should know.[Download the Free Guide]Get More From Mat & MarkWatch on YouTubeTax strategies, business planning, investing, asset protection, and more.[Visit the YouTube Channel...