ManTalks – Wealth Mindset 4.0

Date: January 12, 2015

Name: ManTalks – Wealth Mindset 4.0

Presenters: Jonathan Becker, Franco Caligiuri, and Kyle Vucko

ManTalks is a community for men that helps them redefine their manhood. The community creates the space for modern men to connect with meaningful conversations and intensive discussions. The community is founded  by Connor Beaton with the values of authenticity, community, purpose, accountability, strength and courage. This presentation invites three local leaders, Jonathan Becker, the founder of Thrive Digital, Franco Caligiuri, the owner of Capital Core Financial, and Kyle Vucko, the CEO of Indochino, to share their inspiration and success stories for entrepreneurs. In addition, the intention of this presentation is to address challenges and breakthroughs for many entrepreneurs.

The founder of Thrive Digital

Jonathan Becker started as a freelancer for 3 years before he hits rock bottom in his career. In age 26, Becker describes his life as depress and glass empty. He felt everyone was going forward and he was fallen behind.

He starts his soul searching to change his life around and reinvents his life by creating a solid foundation. His foundation includes the 3 principles.

• Want a career, not a job
• Want a technical skill
• Want to make progress

Becker realizes his solution is to go back to school and focuses on building his future. He is inspired and interested by the topic of SEO and start learning everything about SEO. His new passion begins his new journey. In addition, it leads to Thrive Digital.

Becker believes the only constant in life is change. Entrepreneurs need to understand that people come and go all the time. The only thing entrepreneurs need to know about the future is that it will be different.

Becker learns successful leaders need to learn how to embrace failure. Many leaders think failure the wrong way; instead, leaders should grow from failure. Success and failure are connected together. Leaders feel unbalanced because they learn that failure is not an option. People can change dramatically by having a positive outlook. Life gets better as time goes on, so leaders should not feel failure is everything. Leaders need to understand failure is a natural and normal part of everyone’s lives.

Becker believes the definition of wealth mindset is the point of view people need in order to provide themselves with a powerful existence.

The CEO of Capital Core Financial

Franco Caligiuri shares a negative moment in grade 9 that impacted his life. He lost the hope of dreaming big when his grade 9 teacher told him he will be a failure. However, his grade 12 teacher empowered him by setting him to a different route, which made him believed anything is possible. Caligiuri believes the words to build is important in his path of success.

When his grandmother told Caligiuri the hidden secret of his father, he was devastated because his father was his role model. He could not accept the reality and make his vow that he will never put family in bad situation ever. Starting that moment, his life has a new meaning, which is work and work harder. During his trip to Cambodia, he was invited by the villagers to a meal with their generosity. He later realized the meal is for the whole village and he begins to make his new vow to give things to less fortunate.

“Why horn the money if it can only benefit one person?”

Caligiuri shares the 5 principles he would like his kids to learn about life.

• Give more than what you receive
• Put yourself in very uncomfortable situations once in a while
• Invest in yourself
• Learn to forgive
• Just try

Caligiuri uses these 5 principles to accomplish his company, The Capital Core Financial, radio shows media interviews, and author of a book. Caligiuri believes journey is what leaders need to experience and journey is what leaders are looking for. Therefore, leaders need to enjoy the journey. Mentor is important, so leaders should surround themselves with people they can point them to the right direction.

The CEO of Indochino

Kyle Vucko grew up from an entrepreneur family when he was young. His family taught him a valuable money principle of “save before spend”. He was also taught of working hard will pay off and eventually will enjoy life one day. He always wanted to surpass his father’s success and believed starting his career young to mitigate the unnecessary risks. He became wealthy but felt success was not enough.

His father once asked if he ever going to take care of himself, his life purpose disappeared. He began to realize he needs to separate himself from work and observe things differently. His career evolves around his reflection and his mood swing, which makes him feel intensive and worry. In addition, he began to question his fundamental of relationship of success and the reason behind acquiring wealth.

Vucko shares the main reason why leaders acquire wealth is to achieve freedom of time and freedom of purchase.

Freedom of time

Time can separate leaders from work. It can change their daily routine. Vucko suggests leaders to budget every activity equally because it will force leaders to think and work differently. Leaders need to review and rank their goals every morning. Moreover, leaders need to be able to know how and why spend every minute of their life. Therefore, leaders need to learn how to spend their time effectively.

Freedom of purchase

The traditional purchase pattern is to be rich and buy the next best thing. This has to do with ego and comparison. However, leaders need to ask themselves the reason behind any purchasing by understanding what they already own.

Vucko has his 4 steps before purchasing. The first step is to find if there is any alternative. The second step is to look at long term if the purchase is feasible. The third step is to search for used items. The last step is to wait for a while before purchase.

Vucko believes researching products is important. Leaders can learn about themselves, such as insight and personality. It can also build deep connections and values. Leaders can change their wealth mindset by save better and spend better. Vucko hopes leaders can find the joy from researching because leaders can find their traits that leads to their personal wealth mindset.

“Head is free, clarity in life”