Feb 1 2023
Generation Wealth: Money, Mentorship, and Meaningful Connections with Jason Ma
In this episode, Brian welcomes Jason Ma, award-winning Chief Mentor of Next-Gen Leaders and advisor to high-net-worth families and CEOs. Jason talks about how he helps individuals to not only maximize their life-stage goal achievements, but also build greater character and strengthen relationships, via trusted third-party top-notch mentorship. He explains the massive wealth transfer that is occurring from baby boomers to Gen X, Millennials, Gen Zs, and charities, and notes that many younger Next Gens view money as a burden or are unprepared.He suggests that those receiving the wealth focus on creating meaningful connections and contributing to causes they care about but with wisdom and sound family values, and not simply on accumulating wealth. Additionally, he highlights the importance of intellectual humility for success and emphasizes philanthropy as an important factor in connecting with others. Jason then provides practical advice on how to help families and CEOs build a stronger foundation and achieve greater outcomes and happiness.[00:01 - 14:22] Boomer Generation Challenges: Connectivity, Relationships, and Peace of MindPeace of mind and relationships are what patriarchs and matriarchs look for at the end of the dayHappiness comes from a sense of connection, contribution, and personal growthCoachability as a critical success factor in life, business, family, and careerBiggest challenges facing boomers: peace of mind, relationships (with their children), certainty, significance[14:23 - 28:13] Navigating the Wealth Transfer: Exploring the Impact of Boomers, Gen Xers, Millennials, and Gen ZsJason's invention of ThreeEQ (“3EQ” - pragmatic emotional, social, and leadership intelligence)Various Gen Xers rose to be pragmatic captains of their companies and industries and don't see much attentionThe negative stereotypes associated with millennials in the mediaSoft skills are foundationally more important than hard skills over the long haulHigh anxiety and stress caused by addictive digital distractions are a challenge for current high school and college students[28:14 - 36:46] Gaining Leadership in the Next Generation: Advice from 20,000+ Hours of Successful Coaching and ResearchHigh-quality preparation with top-notch guidance is key to success in elite college admissions and beyondCollege planning, application, and admissions should be thought of as part of a long-term plan, not just a four-year processAdvice for engendering leadership: develop strong personal operating systems and employable skills, and coach and groom children with third-party top-notch mentorship early on for greater life-cycle impact and benefits[36:47 - 42:37] Closing SegmentQuotes:“Build a stronger (mindset, skill set, and directional) foundation. It's gonna set the stage for you to raise your happiness and rise up (in career and business) faster than most people.” - Jason Ma“What's between stimuli and response is a space. The space is where you could (hone and act from your mindset, skills, strategies, vision, and) get greater outcomes, peace, and joy.” - Jason Ma"Don't just see the trees in front of you. See the (complex, consequential) forest for (beyond) the trees.” - Jason MaConnect with Jason by visiting www.ThreeEQ.com.Connect with me:https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!