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Smart Strategies for Business Savings
Manage episode 437605496 series 3495003
Jeff Smith द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Jeff Smith या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
In this episode of 'The Tactical Empire,' host Jeff Smith and guest Shawn Rider discuss strategies for business owners to optimize cash flow and maximize wealth. They begin by sharing personal updates about local events and business projects. The main topic revolves around why business owners often keep excessive cash reserves in their business accounts due to fear or lack of knowledge. They suggest using the Profit First methodology, leveraging high early cash value life insurance policies, and utilizing credit lines as emergency funds. The discussion includes practical advice on maintaining an appropriate level of business expenses in savings and how to strategically invest excess funds to grow personal and business wealth. The episode emphasizes the importance of financial education and strategic planning for long-term success.
Chapters
- 00:00 Introduction to Tactical Empire
- 00:32 Meet Shawn Rider
- 00:49 Weekend Recap and Greek Festival
- 02:11 Business Updates and Storage Project
- 03:44 Investing in Business Projects
- 05:28 Mentoring Business Owners
- 06:26 Cash Management for Business Owners
- 09:03 Profit First Methodology
- 11:56 Leveraging Cash for Growth
- 22:17 Emergency Funds and Credit Lines
- 25:31 Closing Remarks and Social Media
You can connect with Shawn Rider on Facebook and Instagram.
📢 Join the Tactical Empire and Connect with Us!
Conquer your limitations, strategize, execute, and live a life of abundance. Connect with Shawn Rider and Jeff Smith across all platforms:
👤 Connect with Shawn Rider:
https://www.facebook.com/shawn.rider.771
https://www.instagram.com/shawn_rider_/
💬 Find Jeff Smith:
https://www.instagram.com/realjeffsmith/
https://www.facebook.com/groups/thetacticalempirecommunity
https://www.linkedin.com/in/real-estate-investing-passive-income-wealth-lifestyle-engineer/
🌐 Explore Tactical Empire:
https://www.linkedin.com/company/thetacticalempire
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https://www.instagram.com/thetacticalempire/
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