Show notes
Scott Royal Smith is a Real Estate Investor and Asset Protection Attorney. While still in law school, Scott became an entrepreneur -purchasing and running an auto mechanic shop to pay his way through school. He spent the last 10 years of his career analyzing Real Estate Investment and Asset Protection. This present day, Scott is the founder and CEO of Royal Legal Solutions; a firm he built to offer tax, business, and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protection strategies to help circumvent debilitating lawsuits for his clients. He discusses the importance of being a good steward of capital and why it’s so important to have an attorney with investment experience on your side.[00:00 - 06:33] Opening SegmentIntroducing Scott to the show!Scott shares his story of how he became an investorHe helps other real estate investors achieve success[06:34 - 20:55] How To Achieve Financial Independence and Live a Rich LifeScott says that you can achieve great things if you start by helping othersUnderstanding the playbook of how to go from zero to 10The steps to wealth creationThe 4 key areas to be considered when building wealth are:Asset protectionEstate planningTax and Insurance[20:56 - 37:33] Asset Protection and Building Wealth The High North WayAsset protectionAn umbrella policy can protect you from lawsuitsHaving a living trust can help ensure that your family is taken care of after your deatDoes your company/organization need to be an LLC?[37:34 - 46:46] Closing SegmentScott believes that’s why we think we’re so successful is because we’re taking the high-net-worth mentality and applying it to everyone, even if they don’t know itSee the links below to connect with Scott! Quotes:"We always focus on is education to action, which means we have to understand who you are, where you're at, what the next steps you're going to.” - Scott Royal Smith"The problem itself is really understood all the way from the very beginning to owning absolutely nothing to having a hundred million dollars." - Scott Royal Smith“What you build now works perfectly now for what you're going to need in the future." - Scott Royal SmithConnect with Scott through LinkedIn & Royal Legal Solutions!Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.Support the Show.