JD Foote | Family Capital @jd_foote
Gen 1 in our legacy family, psychiatrist, 25 years in SMBs as operator, investor, advisor. Use the Family Capital framework to build your legacy family NOW... sevenventures.us USA and New Zealand Joined August 2022-
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@SantsPliego @gerad_t0d @parkercardwell @jd_foote @BarrettABrooks @aphysicist Some great folks on this list.
@jd_foote @GravyStack We use a modified version of this system, yes. Looking forward to learning more about yours, too!
@jd_foote Thank you for breaking this down. Can’t wait for the book!
@jd_foote What I appreciate most is your emphasis on an intentional approach. Will enjoy seeing how you thread this emphasis through other pillars in your framework. Thank you again! And button jar = 🔒🔒
@jd_foote Appreciate you sharing this excerpt! Love the button jar idea & can see that being a hit w/ my littles. Again, really looking forward to your book!
@jd_foote curious what ideas/principles Family Capital framework would provide here 🤔🤔
The concept of wealth as a place one emigrates to is an interesting reframe.
Generation One are ‘immigrants to wealth’ in James Grubman’s terms. He shows parallels between geographic immigration and newfound wealth...
@jd_foote Showed my wife your framework the other day & now we’re both excited to use it for our young fam & hopefully generationally too
One of the best guys you'll ever met revealed his real name on Twitter and just reintroduced himself! Great guy, great family and a great business operator Highly recommend following Jack!
In an effort to share more, I wanted to reintroduce myself! A little about me & my background: PERSONAL: - 36 years old. - Married my wife in 2020. We got set up in Jan 2019 and I knew I wanted to marry her w/i a month. So smart and kind. - 1.5 year old little boy. Best buddy.…
@sweatystartup I know so many founders who are hopelessly underwater on their liquidation prefs. Working for below market salary and a sense of honor (which their VCs try to pressure them into). Return the remaining capital and go build something that can give you economic freedom.
@sweatystartup many of these businesses are on the market already, usually for the value of liquidation preferences of course not all will get even that price, but basically, there will be some equity haircuts and the market will gradually go back to normal
@jd_foote Appreciate you sharing this, brother! Hope you had a great weekend!
@jd_foote I’ve thought the same when I have a great experience at Chick-fil-A and In-N-Out… So much goes into making that quick interaction a great one. It does not happen by accident.