Wealth Wisdom Financial podcast

13:17

Could your business survive losing a key team member tomorrow? Most can't - but there's a solution that too few business owners know about. In this episode, we're tackling a critical but often overlooked strategy that could save your business in a crisis (or in the dreaded “I quit effective immediately” situation). Plus, we'll show you how protecting your key people isn't just about avoiding disaster - it's about building stronger loyalty and retention. Key Quote: "Key person protection isn't just insurance - it's a strategic tool that shows your team you value them enough to plan for their future. That's what builds real loyalty." What You'll Learn: How to identify and protect your business's most valuable team members Creative ways to structure protection that actually help retain top talent Real examples of how small businesses are using key person strategies Practical steps to start protecting your business today Want to make sure your business is ready for anything? Get our Key Person Protection Planning Guide at wealthwisdomfp.com/community. Join a community of business owners who are building resilient, sustainable businesses. Don't wait for a crisis to start thinking about protection. Listen now to discover how smart protection strategies can strengthen your business today while securing its future! 00:00 Introduction: The Importance of Key Person Protection 00:50 Meet Your Hosts: Brandon and Amanda 01:27 The Story of Marcus and Sarah 02:09 The Vulnerability of Losing Key Employees 03:46 Three Critical Aspects of Key Person Protection 06:30 How Key Person Insurance Works 09:13 Marcus's Success Story 10:16 Conclusion: Protecting Your Business's Future Watch on Youtube Here: https://youtu.be/rFjUyVtNg-8…

Wealth Wisdom Financial Podcast

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Employee Retention Strategies That Won't Break the Bank 19:17

11 days ago19:17

19:17

Want to offer better employee benefits but think your small business can't afford it? Think again! This episode breaks down creative ways to provide meaningful benefits that can help you attract and retain top talent - without breaking the bank. We'll show you how small businesses can actually have an advantage over big corporations when it comes to flexible benefits. Key Quote: "Building a strong benefits package isn't about matching big corporations dollar for dollar - it's about creating flexible solutions that meet your team's real needs." What You'll Learn: Why traditional retirement plans might not be the best fit for your team How to use Section 162 Bonus Plans to create flexible benefits Creative ways to structure benefits that serve both current and future needs Real examples of small businesses winning the talent war with smart benefit strategies Want to dive deeper into implementing these strategies? Get our free Bonus Plan Details and Implementation Guide at wealthwisdomfp.com/community. Join a community of business owners who are revolutionizing how small businesses approach benefits. Don't let limited resources stop you from building a competitive benefits package. Listen now to discover how to create benefits that actually work better for your team than traditional corporate offerings! 00:00 Introduction to Smart Employee Benefits 00:45 Welcome to Wealth Wisdom Financial Podcast 01:26 The Story of Jen: Struggling with Employee Retention 02:08 The Importance of Appreciation in Retention 03:42 Three Core Principles for Retaining Top Talent 03:58 Professional Development Opportunities 06:27 Building Meaningful Connections at Work 08:40 Showing Value to Your Team 10:34 Financial Recognition and Bonuses 13:16 Introducing the Section 162 Bonus Plan 16:39 Jen's Success Story and Final Thoughts 18:11 Join the Wealth Wisdom Financial Community 18:46 Conclusion and Call to Action Watch on YouTube: https://youtu.be/R5_57qf7OlM SmallBusiness #EmployeeBenefits #BusinessGrowth #TeamRetention…

Wealth Wisdom Financial Podcast

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How to Get the Best Private Money Deal with Kevin Amolsch 40:10

16 days ago40:10

40:10

Wondering if real estate notes might be a smarter investment than managing rental properties? In this interview, we dive deep with Kevin from Pine Financial Group, who's managed over $1 billion in real estate deals. He shares why some investors are choosing debt over property ownership, and how this strategy could protect your wealth in uncertain times. Key Quote: "Real estate debt is the only true passive investment in real estate. Even if you hire a management company for rental properties, you have to manage the manager." What You'll Learn: Why real estate notes remained stable during the 2008 crash while property values dropped How lenders really evaluate borrowers (it's not just about the down payment) Smart ways to use your existing assets to qualify for loans Why current economic policies might keep interest rates higher than many expect The surprising differences in tax benefits between owning properties vs notes 00:00 Welcome to Wealth Wisdom 00:17 Introducing Our Guest: Kevin 01:19 Diving into Financial Chaos 03:32 The Importance of Diversification 05:26 Real Estate Debt Stability 09:08 Owning vs. Lending in Real Estate 14:10 Short-Term Bridge Lending Explained 20:50 Smart Borrowing Practices 22:16 Hard Money Lending Strategies 23:57 Client-Focused Lending Approach 28:35 Economic Predictions and Real Estate 32:45 Inflation and Asset Ownership 37:18 Closing Thoughts and Resources Want to learn more about market conditions? Get Kevin's free analysis report at www.ThePineReport.com Ready to dive deeper? Check out Kevin's podcast "Real Estate Educators" for more investing insights and strategies. Want to explore if real estate notes are right for you? Schedule a discovery call at: www.wealthwisdomfp.com/call Watch on YouTube: https://youtu.be/1Nnzn3S7BX8…

Wealth Wisdom Financial Podcast

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Building Company Culture in Small Business 15:14

18 days ago15:14

15:14

Do you think building a great company culture means having a massive budget for fancy perks? Think again! This episode shatters the myth that meaningful company culture is only for big corporations. We explore how small businesses can create thriving workplace environments. These strategies attract and retain top talent—without breaking the bank. Key Quote: "How we treat our team is how our team will treat our customers." What You'll Learn: Why profitability is the foundation of a strong company culture Creative ways to share profits beyond traditional 401(k) plans Practical strategies for building a positive work environment on a budget How to create self-reinforcing cycles of success in your business Ready to build a culture where your business and people can thrive? Listen now. Discover why small businesses often have an advantage when creating meaningful workplace cultures. Want more resources for building a profitable business culture? Visit wealthwisdomfp.com/community to get our Profit-Sharing Strategy Guide. Join a community of business owners building sustainable, profitable cultures. 00:00 Introduction: Company Culture for Small Businesses 01:05 Welcome to Wealth Wisdom Financial Podcast 01:43 Debunking Myths About Company Culture 03:24 The Importance of Profitability in Company Culture 05:25 Creative Profit Sharing Strategies 07:26 Flexible Scheduling and Professional Development 12:28 Recap and Final Thoughts 14:03 Join the Wealth Wisdom Financial Community Watch on YouTube: https://youtu.be/Um0T1LmzXGA…

Wealth Wisdom Financial Podcast

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How to Hire: Complete Guide 25:06

25 days ago25:06

25:06

Thinking about hiring your first employee but worried whether your business can really afford it? We've got you covered! In this episode, we talk about what really matters before you hire - getting your money in order. While lots of experts focus on finding the right person, we'll show you why having strong business finances is just as important as picking the perfect candidate. Key Quote: "It's better to have an employee come into a profitable business and make it more profitable than to think your hire is the magic pill to make your business profitable." What You'll Learn: What you need to set up financially before you start looking for employees How to do a simple "practice run" to make sure you're ready to hire When it's okay to move forward even if everything isn't perfect Smart ways to get help if you're not quite ready for a full-time employee Want help building a great team? Check out Brian Alexander from Ready, Aim, Climb at readyaimclimb.com . Ready to take the next step? Get our free Hire Readiness Checklist at wealthwisdomfp.com/community . You'll also find a whole community of business owners who are working on the same challenges. Don't wait until you're overwhelmed to start planning for your first hire. Listen now and learn how to make your first hiring experience a success! 00:00 Introduction: Hiring Your First or Hundredth Employee 00:54 Welcome to Wealth Wisdom Financial Podcast 01:32 Our First Hiring Experience 02:56 Financial Structure and Hiring 04:34 Profit First: Essential Financial Foundation 10:06 The Vault: Testing Payroll Capacity 15:04 Reality Check: When You Can't Wait 20:07 Audition Instead of Interview 22:09 Join the Wealth Wisdom Community 23:03 Conclusion and Final Thoughts #BusinessGrowth #SmallBusiness #Hiring #FinancialFoundation #TeamBuilding Watch on YouTube: https://youtu.be/qKwtYe6OYUc…

Wealth Wisdom Financial Podcast

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Setting Financial Goals: A Framework for Entrepreneurs 19:42

5 weeks ago19:42

19:42

Ever feel like your business goals are more like wishful thinking than an actual plan? You're not alone. Many entrepreneurs struggle with conventional goal-setting approaches. Conventional goal-setting doesn't account for the dynamic nature of business. In this episode, we share a revolutionary framework for setting business goals that actually work. Our MTO approach helps you stay motivated and growing. They do best when things don't go exactly as planned. You'll discover: How to set "minimum goals" that help you sleep at night The sweet spot for "target goals" that stretch you without breaking you Why "outrageous goals" matter (even if you never hit them) A practical way to break these down into actionable quarterly, monthly, and weekly metrics Ready for a flexible framework for setting goals that drive real growth while maintaining your sanity? Jump into this episode now. 🔑 Key Quote: "Think of these goals like different zoom levels on a map. Your minimum goal is your current location. Your target goal is the next major city. Your outrageous goal is crossing the country. You might not make it across the country this year, but you'll certainly go farther than if you'd only planned to drive to the next town." Ready to transform how you set business goals? Want the MTO spreadsheet we use with our clients? Get it in the Wealth Wisdom Financial Community: https://www.wealthwisdomfp.com/community Remember: Goals aren't about predicting the future - they're about giving you meaningful reference points as you navigate it. Are your current goals serving this purpose? Watch on YouTube: https://youtu.be/8qKIig1zmyY…

Wealth Wisdom Financial Podcast

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Business Owner's Guide to Cash Flow Management 23:55

6 weeks ago23:55

23:55

Ever feel like success is draining your bank account? You're not alone. Many business owners discover that growing revenue doesn't automatically mean better cash flow. In this episode, we reveal the 5 most common cash flow surprises that blindside business owners. More importantly, we share how to handle them like a pro. You'll learn: How to navigate seasonal ups and downs without stress Why growth can actually create cash flow problems (and what to do about it) Smart strategies for handling delayed payments How to prepare for unexpected opportunities The tech upgrade trap and how to avoid it Struggling with seasonal swings or rapid growth? Practical systems can manage your cash flow challenges. Make those challenges into opportunities for sustainable business growth. 🔑 Key Quote: "It's not the expected that derails your business - it's the unexpected. But here's the good news: most 'unexpected' cash flow situations follow predictable patterns. Once you know these patterns, you can prepare for them." Ready to stop reacting to cash flow surprises and start navigating them with confidence? Get our Pre-Decision Framework in the Wealth Wisdom Financial Community: https://www.wealthwisdomfp.com/community Remember: The goal isn't to predict every possible cash flow challenge. The goal is to build systems that help you handle whatever comes your way. Turn your business's financial roller coaster into a steady journey toward growth. Watch on YouTube here: https://youtu.be/JYPKHZ8D5tA…

Wealth Wisdom Financial Podcast

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Financial Systems for 7-Figure Business Growth 23:01

7 weeks ago23:01

23:01

Ever feel like your business systems aren't keeping up with your growth? Many entrepreneurs hit a ceiling not because of their products or market. They plateau because their financial systems can't scale. In this episode, we reveal 3 critical financial systems. These systems separate 6-figure businesses from 7-figure empires. You'll discover: How to structure powerful twice-monthly money meetings that actually save you time The exact framework for quarterly deep dives that keep you ahead of problems Why semi-annual strategy sessions are crucial for sustainable growth Simple ways to get your team aligned with your financial rhythm 🔑 Key Quote: "Even if all you do is become more aware of what's really happening in your business, that's a huge win. You've heard you need time to work ON the business, not just IN the business. What about time to think ABOUT the business?" You may be starting out or further along. Regardless, this episode reveals financial systems to support your next level. Plus, these systems won't overwhelm you or your team. Want the agendas we use for our financial meetings? Get them in the Wealth Wisdom Financial Community: https://www.wealthwisdomfp.com/community . Remember: The financial systems that got you to now may hold you back from reaching the next level. Time to upgrade your approach? Watch on YouTube here: https://youtu.be/tTicmdLhhMM…

Wealth Wisdom Financial Podcast

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How to Create a Small Business Budget That Actually Works 17:01

8 weeks ago17:01

17:01

Do you keep making budgets that never work in real life? Like many business owners, you might find that old-school budgeting just doesn't fit how you run your business. In this episode, we share simple ways to make your budget work better for you. You'll learn: How to think of your budget more like a GPS that helps you, not a strict diet that makes you feel bad Ways to make smart money choices without guilt when things change How to plan for big bills that don't come every month A new way to protect your profits using special accounts Whether you're just starting or looking to refine your existing business budget, this episode will give you practical steps to create a financial system that works with your entrepreneurial spirit, not against it. 🔑 Key Quote: Consider it this way: When you get to December 2025, do you want to be proud of (a) sticking to numbers your January-self set up no matter what happened in the business? Or (b) adapting to fit circumstances as the year changed to be in a better spot than your January self thought possible? Links mentioned in the show: Join the Wealth Wisdom Financial Community: https://www.wealthwisdomfp.com/community Implement Profit First in 12 Easy Steps: https://www.wealthwisdomfp.com/profit Set up YNAB to be Profit-First friendly (and more): https://www.wealthwisdomfp.com/ynab Unlock the power of Bank On Yourself: https://www.wealthwisdomfp.com/boy Not Your Average Financial Podcast Episode 368: A Better Way to Profit First with Mike Michalowicz : https://nyafinancialpodcast.com/episode-368-a-better-way-to-profit-first-with-mike-michalowicz/ Watch on YouTube here: https://youtu.be/51Fi0XIbxsQ…

Wealth Wisdom Financial Podcast

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Design Your 2025: A Different Kind of Resolution 13:25

9 weeks ago13:25

13:25

Ever feel overwhelmed by traditional New Year's resolutions? What if there was a simpler way to shape your 2025? Could you start by focusing on how you want to feel rather than just what you want to achieve? This special New Year's episode explores a refreshing approach to planning your year. It's the perfect episode to listen to while reflecting on your hopes for 2025. Key Quote: "Before you plan what you'll do, decide how you'll be." In this episode, you'll discover: Why choosing an emotional theme can be more powerful than traditional goal-setting How to identify your personal emotional "North Star" for 2025 The connection between emotional well-being and financial success Simple practices to cultivate your chosen emotional state Why patient trust might be more valuable than aggressive action Plus, learn a practical exercise for embodying your emotional theme throughout the year. Set your intentions for 2025. Start your year with clarity and purpose. Next steps: Ready to grow with intention in 2025? Join our Wealth Wisdom Financial Community for just $97/year. Access our complete library of resources, monthly group coaching sessions, and our success dashboard mini-course. Join at www.wealthwisdomfp.com/community Watch on YouTube: https://youtu.be/XV5VyihfwVY…

Wealth Wisdom Financial Podcast

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The Ultimate 2024 Recap: Looking Back at the Year 11:36

10 weeks ago11:36

11:36

Do you ever wonder if you're learning from your experiences or just living them? Want a simple way to extract wisdom from your year? Want to review without getting lost in complicated reflection exercises? This is a quick but powerful episode. Discover a clever exercise transforming how successful entrepreneurs review their years for nearly two decades. Listen while enjoying that holiday beverage or stealing a quiet moment between festivities. Key Quote: "What if we stopped seeing December 31st as a deadline and started seeing it as a chance to honor how far we've come?" In this episode, you'll learn: A simple two-step process for meaningful year-end reflection How to identify patterns you might be missing in your business The secret to turning experiences into actionable wisdom A practical way to document your year that survives even floods Plus, hear real examples of lessons learned, both personal and professional. Shape your approach to 2025. Next steps: Ready to grow and learn even more in 2025? Join our Wealth Wisdom Financial Community for just $97/year. Access our complete library of resources, monthly group coaching sessions, and our success dashboard mini-course. Join at https://www.wealthwisdomfp.com/community . Watch on YouTube HERE: https://youtu.be/ZnfMuWYue0Q…

Wealth Wisdom Financial Podcast

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The Psychology of Your Year-End Money Moves 21:54

11 weeks ago21:54

21:54

Ever find yourself panic-purchasing business tools at 2 AM during the holiday season? Or maybe you're wondering if that end-of-year equipment purchase is really about growth – or just about taxes? In this episode, we dive deep into the psychology behind those year-end money decisions that can make (or break) your business's financial future. Key Quote: "Sometimes the most powerful move is deciding not to spend, even when it feels like everyone else is." In this episode, you'll discover: The truth about December 31st deadlines (and which ones you can safely ignore) Why January 1st feels like such a powerful reset button (and how to use this psychology to your advantage) How holiday stress can trigger "doom spending" in your business A practical 72-hour rule for making better financial decisions during the festive season The "December Decision Framework" that transformed one client's year-end planning Plus, learn how to distinguish between real deadlines and artificial pressure during the busiest season of the year. Perfect for listening while wrapping those client gifts or planning your year-end strategy. Join us to transform your December money moves from reactive to strategic. 00:00 Introduction: Year-End Financial Pressure 00:57 Welcome to Wealth Wisdom Financial Podcast 01:34 Understanding Year-End Financial Moves 03:11 Psychological Triggers: December Deadline Effect 06:51 Psychological Triggers: Clean Slate Syndrome 11:33 Psychological Triggers: Social Comparison Search 15:22 Creating a December Decision Framework 20:03 Join the Wealth Wisdom Financial Community 21:34 Conclusion and Final Thoughts Next steps: Ready to make intentional money moves in 2025? Join our Wealth Wisdom Financial Community for just $97/year. Get access to our complete library of financial resources, monthly group coaching sessions, and our success dashboard mini-course. Join at wealthwisdomfp.com/community . Coming up next week: "The Ultimate 2024 Recap: Looking Back at the Year" – tune in for insights on maximizing your year-end review process. Watch on YouTube: https://youtu.be/J23X36gUSDg…

Wealth Wisdom Financial Podcast

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Reset Your Money Mindset: From Scarcity to Abundance 21:33

12 weeks ago21:33

21:33

Ever wonder why some people attract financial abundance while others stay stuck in scarcity? Even with similar incomes? In this episode, we dive deep into the psychology behind your relationship with money. Join us to explore how to transform your mindset from scarcity to abundance as we head into 2025. Key Quote: "Money is important - but it's important in the same way oxygen is important. You need it to live, but having more oxygen doesn't make you a better person. Your worth as a human being is inherent, unchangeable, and completely separate from your financial situation." In this episode, you'll discover: The three mindset traps that keep people stuck in scarcity thinking Why traditional budgeting often reinforces negative money patterns How to break free from the "never enough" loop A practical framework for shifting from scarcity to abundance thinking Real client stories of transformation (and the exact steps they took) Plus, learn a simple daily practice that can begin rewiring your money mindset today. Perfect for listening while wrapping presents or stealing a quiet moment during the holiday rush. Ready to write a new money story for 2025? Don't miss this episode. Next steps: Ready to take your money mindset transformation to the next level? Join our Wealth Wisdom Financial Community for just $97/year. You'll get access to our complete library of money mindset resources. Plus, join us for monthly group coaching sessions. Every premium members gets our success dashboard mini-course. Join at wealthwisdomfp.com/community. Let's make 2025 your breakthrough year. Coming up next week: "The Psychology of Your Year-End Money Moves." Don't miss our deep dive into making strategic financial decisions during the holiday season. Watch on YouTube: https://youtu.be/jdNULIRYGjc…

Wealth Wisdom Financial Podcast

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The Business Owner's Wealth Trap: Breaking Free from the Revenue-Wealth Gap 22:10

13 weeks ago22:10

22:10

Ever look at your business bank account and feel successful? Then, you glance at your personal accounts and wonder where all the money went? You're not alone. Join us as we explore the hidden disconnect between revenue and wealth. The Revenue-Wealth Gap trips up even the most successful entrepreneurs. Discover why making more money isn't the answer (and what actually is), plus: Why traditional investment advice often fails business owners The "Wealth Trifecta" that successful entrepreneurs use instead How to stop hoping you'll "figure it out someday" and start building real wealth today Ready to bridge your own revenue-wealth gap? Don't miss the special and *urgent* announcement about Wealth Wisdom Week at the end of the episode! 🎯 Key Quote: "The gap between revenue and wealth isn't bridged by making more money. It's bridged by having the right system to transform that revenue into lasting wealth." Learn more and register for Wealth Wisdom Week at wealthwisdomfp.com/seminar Links mentioned in the show: Reserve your spot in Wealth Wisdom Week here: https://wealthwisdomfp.com/seminar Apply for the Profit Planning Network here: https://wealthwisdomfp.com/ppn Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community Watch on YouTube: https://youtu.be/Ak0UqheDxIs…

Wealth Wisdom Financial Podcast

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Beyond the Business: Building Personal Wealth for Long-Term Entrepreneurial Success 17:14

14 weeks ago17:14