Synopsis
Mel Abraham from The Entrepreneur's Solution reveals all of his business and entrepreneur building strategies. Discover how to design, create and build your business so it gives you the life and lifestyle you want. Mel believes that businesses are started to create community, support society and live your dreams. It is all about creating a life of freedom and peace of mind. Mel is a CPA by education but an entrepreneur by exhilaration and a true believer in the entrepreneurial way of life. It is through entrepreneurship that we create community, support society and live our dreams. It is where possibility meets reality again and we can bring our dreams out of the darkness and breath life into them again. Mel has built, bought and sold successful businesses for decades and is currently a strategic mentor and board member for many businesses. As Founder of Business Breakthrough Academy he’s a committed advocate for the entrepreneurial way and provides real education, to real entrepreneurs for creating a real life! Actionable strategies for entrepreneurs, solopreneurs and other businesses.
Episodes
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083 Give Your Money a Purpose
08/08/2022 Duration: 20minYou need to give your money a purpose beyond the currency it represents. The fact is that those that have a purpose behind their money find that their ability to create wealth is higher.My guess is that at some point you have wondered about your purpose, meaning, and what will make you truly happy. Finding that answer and the why behind it is not always easy. The reality is money is simply one of the tools you can use to fulfill your purpose or get behind a movement or mission. The other thing is to realize as life changes your purpose can change, along with the set of tools you’ll require to continue to move towards your purpose. The fact is that money is always a result and never a purpose in and of itself; rather, it’s a driving force, the fuel that allows you to live your purpose, find financial freedom, and create an affluent lifestyle.In this episode, I share with you some steps you can take to make your money work FOR you. I also want to help you understand how you can determine your purpose based on
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082 The Gift in Cancer...And How it Changed Things
06/08/2022 Duration: 14minThe Gift in Cancer...That is an odd statement for sure. But the reality is that the lessons that came from my cancer journey were huge and completely shifted my perspective and my life. It allowed me to see the need to be financially free and to be able to live a "get to" life vs a "have to" life.We are all given a limited number of slices of life to live...the question are you living them fully and are you building something your future self would be proud of.I hope this gives you a better insight into what is driving me today, why I am so passionate about life and helping you become financially free.And maybe it will shine a light on the path you need to be on to live your "get to" life!To register for my upcoming EXCLUSIVE LIVE Training The Affluent Entrepreneur LIVE go to AffluenceLive.com
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081 Build Wealth & Live a Rich Life at Any Age (My son's journey)
04/08/2022 Duration: 41minThis is a very special episode because I am for the first time talking to my son about his financial journey. But we've never really spoke deeply about what it was like for him to be raised under my wing.Jeremy talks about how he approached money, wealth and business...and life. Jeremy and his wife Kamie are 32 and 30 years old with 3 homes and a multi million dollar net worth.At 14 years old he started doing business and seeing that he cold make money and that it would be the key to financial freedom. The two of them also take a month off to live in a foreign country and experience life.Jeremy and Kamie are an example of what is possible when you have the right priorities, processes, principles and pathway. It isn't about age or stage in life but rather the approach you take to it all.What You'll Get In This Episode:- At 15 realizing that making money was a path to options in life. - Why tension around money and savings is important to your financial future.- The importance of habits that driv
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080 The Stock Market is CRAZY ... With Opportunity
01/08/2022 Duration: 30minI don’t need to tell you that we are having some big shifts in the economy, prices, the stock market, and anything having to do with your money.I get it, changes are part of life. You can’t avoid or fully anticipate them but you definitely can prepare for them. Every choice you make comes with a risk, and your capacity to take on that risk will depend on how well-informed you are. To put it simply, the more you know about things, the more you can control their outcome.When the market is unpredictable and volatile, you will most likely see changes coming your financial way. It will hit your retirement, your savings, and your everyday living. That’s why understanding how the market is shifting is such an important part of The Affluence Blueprint and for an Affluent Entrepreneur like you.Once you understand how your environment is operating, you can determine whether or not an investment opportunity is good or bad for your portfolio.In this episode, I’m talking about some of these changes and how important it is
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079 How Did I Get Here...Doing What I'm Doing
30/07/2022 Duration: 15minHow Did I Get Here...Doing What I'm DoingI get asked this question a ton. The reality is none of it was really planned or intentional but somehow I found my path to my calling and you can too.In this episode I give you a glimpse into one of the core pivot points in my journey to where I am and finding path to financial freedom. It is truly amazing where some of our greatest lessons come from. In my case it was at the hands of of a 6-year old boy.I hope this helps you understand what drives me and what is truly important. I'd love to hear from you.To register for my upcoming EXCLUSIVE LIVE Training The Affluent Entrepreneur LIVE go to AffluenceLive.com
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078 Finding Richness in Your Story & Your Life With Jude Charles
28/07/2022 Duration: 58minThis is a must listen, must watch if you want to live a richer life.My good friend and special guest, Jude Charles is the youngest of 10 children of a Haitian immigrant family. His story is a story of belief, commitment, burnout and rebirth to a life that is full of richness, impact and meaning.You will see that Jude does things very different from most. He is a successful film producer where is focuses on bring heart-enter entrepreneur’s stories to life for the world not just to see but to feel.His special brand of work is about making a life of “dramatic demonstration” and allowing your audiences to feel you through the story. This has been the key to generating millions for his clients through a deeper connection with their customers.But it wasn’t all a rosy ride. Jude and I talk about the day he woke and literally couldn’t move because of burnout.The fact is most entrepreneur get this wrong and end up as a Treadmill Entrepreneur which leads to burnout, breakdown and ruin. We talk through how he came throu
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077 Millionaire Money Habits That Matter
25/07/2022 Duration: 36minIt’s been said many times that our habits create our life, which is why we need to have positive habits if we want to achieve positive results for our future. But our habits can also lead us down a different road and create negative results. The impact of habits is true in every area, especially when it comes to money and protecting our financial freedom. If we want to, we all have the capacity to change our lives. Doing better –thus being better– goes beyond our words, it comes down to our will. We need to be willing to put in the work and the time to BE better, and that's where our habits become crucial: they define what we do and how we do it. Changing our habits, however, is not an easy task. That’s why in this episode I'm sharing the six steps you can take to start changing your habits in a positive way that will lead you to financial freedom. Once there, I want to give you 15 habits that every millionaire has that have helped them achieve that financial freedom.Today our conversation includes:
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076 How Money Can Strengthen Your Marriage With Corinne Acampora
21/07/2022 Duration: 57minHow to talk about money with your spouse can be a challenge to say the least and often ends up in fights. Let's face it the #2 cause of divorces is money.But it doesn't need to be that way. My guest (Corinne Acampora) reached out to me in a DM after listening and following the show to tell me how it completely changed her and her husband's money conversations. Instead of creating divisiveness or stress, it brought them closer and deepen their connection to their purpose and vision for their lives together.We have an exciting conversation about their journey and what you can do to bring the same into your life. In fact, it has inspired them after 20 years together to book a second honeymoon.What You'll Get In This Episode:- How they found the way to navigate to a life of richness - How to come together on money after 20 years of being on the sidelines- Juggling business, job and kids while keeping the relationship strong- Creating a life of affluence based on value and values
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075 How to Avoid Risk in Investing
18/07/2022 Duration: 26minToo often we focus primarily on the return we can make when looking at investments. I know I did that many times but investments and any transaction for that matter can’t be made solely on the possible returns you may get.Here’s why…The return of an investment or your portfolio ALWAYS needs to be made in the context of the risk you are willing to accept to make the investment. When we ignore the related risks we stand to get hurt financially by making decisions that are far riskier than we might have planned or imagined.Every choice that we make comes with a risk, and our capacity for risk is not constant -- it changes over time and it’s affected by our unique circumstances. That’s why we need to understand how to avoid taking unnecessary risks.In this episode, I break down the components of risk and what you need to specifically consider for your investments and your portfolio. You’ll learn about three pillars that are important when evaluating your risk capacity, and how you can make decisions when looking
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074 From Struggling to $1.5 million
14/07/2022 Duration: 01h06minWhat does it take to go from struggling to clothe your children to a million, half dollar business? Well, in this episode, the Affluent Entrepreneur Show, we're gonna have a conversation. With a friend Josh codes, we're gonna have a conversation because this guy, his story is incredible. He was struggling financially. He had a newborn that needed heart surgery and the ahas, the enlightening moments and the journey to wealth, the journey to entrepreneurship and how he did is in this show. So I look forward to seeing you in the episode, check it out. This one's a big one. Cheers!What You'll Get In This Episode:- Why working harder isn't the answer to a richer life. - Why every decision is an investment- How to face your demons- Breaking the cycle of bad money habits
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073 This Will Change Your Life (Are You New Here?)
11/07/2022 Duration: 29minIf you’re new here, it’s a pleasure to meet you! My name is Mel Abraham, and I want to help you change your life, to create a future that you can be proud of, and have the freedom to spend time with the ones you love. I'm here to help you navigate the sea of financial uncertainty and help get the calm that you need to find peace. Starting the journey towards financial freedom is not easy. There are obstacles that you will face, conversations that you’ll need to have with your family about money, and where you all want to go to achieve the financial freedom that you deserve. I'm here to help you realize that we don't want wealth just for the sake of it, but we want the time that wealth can give us because what makes us rich is not the money that we have in our accounts, it is the positive impact we have with the people around us. Today our conversation includes:What is the reason for my podcast? Why is financial freedom so important? The best episodes to get you started in this affluence journey
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072 What to Do When Your Financial World is Crumbling (With Brandi Mowles)
07/07/2022 Duration: 56minHave you ever felt that you had a grand plan and everything was going to be incredible, only to have it all come crumbling down?Well that is exactly what happened with Brandi Mowles. She was a bright law school student that had a huge future. She got the entrepreneurial bug at an event she attended and jumped into the game.Unfortunately, she found out really quickly that making sales wasn’t the same as building wealth. It wasn’t the number that mattered. Ultimately, she found herself deep in debt, upside down and staring at bankruptcy.Yet, once she understood true money and wealth principles she went from bankrupt to building their dream home and being a successful entrepreneur in a matter of 3 years. She spills it all in this episode. If you’re struggling, or ever struggled or looking to hear from someone that has travel the road from despair to elation, take a listen to this episode.Today Our Conversation Includes:How a single conversation lead to paying off $130,000 in loansHow she learned that making sale
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071 Is Gold Safe?
04/07/2022 Duration: 27minWe have always talked about making safe investments and the importance of assessing risks before making those investments. As we’ve discussed, some investments create continuous cash flow, while others increase their value over time, giving us a profitable return. One of those investments is gold. However, there’s a risk of investing in gold: its volatility. Its value could go up or down depending on public demand. If you decide to add gold to our portfolio, you must do it in a safe way, because not every portfolio has the need nor the space for it. In this episode, I want to discuss some reasons that make gold a valid investment idea and how you should approach it safely without jeopardizing your financial future. Today our conversation includes:5 reasons why people are attracted to gold.Why is gold seen as a commodity?Why is gold so volatile?How to add gold to your portfolio? Resources mentioned:Ep 64: Three Investments You Need to Build Wealth Ready to set a solid financial foundation?Join the 7 Day Money
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070 How Are You, Really? with Jenna Kutcher
27/06/2022 Duration: 29minHow are you really? This is a big question that most don't ask often enough. Because we don't ask it often enough, we can find ourselves living a mildly miserable life or a life that isn't fulfilling us the way we want. In fact, this is where a lot of burnout and overwhelm comes from. Today’s guest is my good friend Jenna Kutcher, the host of the Goal Digger Podcast, one of the top podcasts around business, marketing, and how to chase bold dreams. In this episode, we’re discussing her new book: “How Are You, Really?”. Jenna describes this book as an answer to how to wake up to your life, redefine success, and come home to yourself. It will help you explore questions such as: How do you find happiness? How do you find that enrichment in life beyond chasing material possessions? Because that is always the ultimate goal: to enrich your life beyond money. This episode will help you realize that it’s never too late to find what you are really passionate about, and how creating something you love an
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069 Should You Convert Your IRA to a Roth IRA?
20/06/2022 Duration: 19minWhen thinking about our financial future we want what is best for us and our family. For some people, this looks like creating retirement accounts that can help their money grow over time. These accounts come in different types and have different benefits. And in every wealth plan, there’s one thing you can’t avoid…taxes. Taxes are simply a part of every financial journey BUT your job is to only pay the amount you are legally required to, not one penny more. Considering that tax rates could approach 50% or more depending on the state you live in, it isn’t a decision to take lightly. But what if you could have a portion of your retirement or wealth be completely tax-free? Cool idea, right? That’s effectively what a Roth is. No tax deduction when you put money in AND no taxes on any amount when you withdraw it (after age 59 ½) on any of the growth or the contributions. Some people already have an IRA, or a different type of account, and they’re trying to figure out if making a conversion to Roth IRA is the best
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068 It's Time to Quit Your Job
13/06/2022 Duration: 36minIf you’ve been listening for a while, you know that I believe that multiple streams of income are no longer a luxury, but a necessity. If you’re on this journey already, wanting to accelerate your path towards wealth by diversifying your income, then this episode is for you. It’s also for you if you want to finally be in control of your financial future. Now, finding the right path towards a desired goal takes intentionality. We need to think about what we do, and how we are doing it, and avoid taking uncalculated risks. This means making a conscious effort to favor commitment over impulsivity. In this episode, we are going over three different pillars that will help you quit your job and go full-time on your business, or transition from one business to the next. This plan will allow you to stay committed to your wealth creation and, over time, have that cash flow and the financial freedom that you deserve. Today our conversation includes: Three pillars that will help us make our transition out of a job, to a
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067 Three Investments You Need to Build Wealth
06/06/2022 Duration: 29minBuilding wealth is not an easy road. There are steps, paths that you have to take and you have to know how to do it safely without jeopardizing your future and your family's future. Knowing what to invest in and how to do it is a very important part of the road toward building wealth. In order for us to get our financial freedom, we have to identify good investments and how to approach them. So, in this episode, we are going to talk about how to choose investments and how to look at them in a way where we can know exactly what that investment is doing for us so we can start building our money machine to create the life we always dreamed of having. Today our conversation includes: 3 investments that you need to have in your portfolio.Real estate as a growth investment.How to approach investments knowing what they are going to do for you in the future. Resources mentioned: Download The Affluence Blueprint™ Graphic (Three Pillars of Affluence)Ep 025: How to Invest in Index Funds or ETFsEp 009: Why Assets a
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066 Keys to Profits & Wealth Online ft. James Wedmore
30/05/2022 Duration: 01h30minMaking choices during uncertain times is not easy, however, nothing that is worth your time is easy, and this becomes especially true when you feel like you're stuck not following your dreams. That's why creating an online source of revenue is so important. Having a second or a third income is not a luxury, it is a necessity in the changing market we currently have. This is about your financial security and your family's financial future. Getting your dream job is possible, but you have to be willing to work and put in the effort that is needed. Channeling those efforts towards the online world will help you reach more people while you prioritize your safety and fulfill your personal goals. In today’s episode, James and I are sharing some ways and steps you can take to achieve wealth through an online business, so you can start doing it right now. Today, our conversation includes:What is the importance of a digital product?How to approach life when things look difficult.How to identify what w
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065 What You're Missing For Financial Freedom
23/05/2022 Duration: 27minThe road towards financial freedom is not an easy one. It will be filled with work, time, resources, and, especially, patience. We want to have an affluent lifestyle, and in order to achieve it we first need to know what we want and then make our way, step by step, towards it. One of the first things we need to know is where we are going. We need to have a vision that sets the roadmap. Then, we must identify what we have and what we don't, and what we can do to get it. That is why getting financial education and talking about money with your family and advisors is important. We cannot be afraid of the “money talk”, and we need to have it early on. We can't wait for an impossible situation to have the talk, we need to be prepared. So, hopefully, in this episode we can figure out what's missing from our Affluence Blueprint™ and how to get it so we can achieve wealth and financial freedom. Today, our conversation includes:10 things we need to have in mind so we can work towards our financial freed
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064 How to Avoid Being Scammed
16/05/2022 Duration: 37minBeing able to financially protect your family is the most important thing you can do, but, sometimes, we as human beings make mistakes. We can forget to look for signs of danger and we can run into financial scams that could affect our family's future. As entrepreneurs, at times we think that we are indestructible and that no harm could ever come our way, when the reality is that we face the danger of being scammed every day, especially within the context of the online world. Remember that if you are to find financial freedom, if you are to create wealth, you need to understand how to avoid those scams. In this episode, we’ll discuss how to protect your legacy and your family’s legacy, how to understand the key warning signs that you should keep an eye out for, and what to do to avoid this danger and keep yourself safe. Today, our conversation includes:The top 10 psychological and emotional triggers that scammers use.The 10 steps that you need to follow in order to stay safe.The importance of always thin