The Entrepreneur's Solution: Business Tips | Wealth | Lifestyle | Entrepreneur | Success

Ready to make the most of your unexpected cash influx?I'll guide you through strategic ways to use an unexpected windfall to kick-start your path to financial freedom. I break down important steps to take before putting your money to work, including understanding your financial purpose, getting started with minimal funds, and investing in your financial education. I also delve into prioritizing funds for a comfort fund, eliminating destructive debt and building a peace of mind fund, and maximizing investment opportunities like 401(k) matching and Roth IRAs.IN TODAY’S EPISODE, I DISCUSS: The importance of putting an unexpected windfall aside and doing nothing initiallySteps to prioritize funds for comfort, eliminating destructive debt, and building a peace of mind fundRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Machine for Financial FreedomMy Greatest Money Lesson Came from a 6-Year Old7 Money Excuses That'll Keep You Broke!What to Do Today to Pa

Are you ready to elevate not just your game but your life? It's about lighting that inner fire and living with purpose!In today’s episode, I dive deep with Ben Newman, powerhouse coach and Wall Street Journal best-selling author, into what it takes to set the bar high and live up to it every single day. Ben shares heartfelt stories, including his mother's awe-inspiring battle with a rare disease, and how these personal experiences fuel his relentless drive. From the football field with Nick Saban to the boardrooms, he underscores the value of discipline, authenticity, and a 'never finished' attitude in leadership and success.Ready to ignite your "burn" and raise your standards? Press play on the full episode now!IN TODAY’S EPISODE, I DISCUSS: Ben Newman's philosophy on living by standards and the meaning of true leadershipHow successful leaders and high performers harness personal adversity to fuel their driveThe significance of sharing not just our victories but also our st

Dive into the fundamental money habits that could be keeping you from achieving financial freedom in this eye-opening episode. From the importance of tracking your numbers to making investing a priority, Mel takes you through the habits that could be holding you back from the financial freedom you deserve. This episode empowers you with real, actionable steps to break these habits and replace them with wealth creation habits. Understanding the difference between savings and investing or the impact of taxation on wealth creation, Mel provides insightful guidance to help you take control of your financial future.IN TODAY’S EPISODE, I DISCUSS: The importance of tracking your financial numbersMaking investing a priority over spendingThe significance of a peace of mind fund for financial stabilityRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It

Are you struggling to maintain your equilibrium in a world that constantly pushes your boundaries? How many times have you said "yes" when every fiber of your being was screaming "no"?In this heart-to-heart with Trent Shelton, we dive deep into the art of safeguarding what's truly vital—our peace. I'm stoked about Trent’s upcoming book, "Protect Your Peace," which adds a fresh perspective to the conversation on emotional well-being. Our honest discussions shed light on the challenging lessons surrounding trust, letting go, and the real struggle to maintain inner calm amid life's chaos.So, if you're ready to stop shuffling your feet at the edge of life's battlefield and start living your best life, this is one episode you've got to hear. Tune in, set your boundaries, and learn to protect what truly matters.IN TODAY’S EPISODE, I DISCUSS: The art of setting boundaries for personal growthChoosing peace over people-pleasingThe impactful strategies from Tr

Are you ready to take control of your financial future and maximize your paycheck with smart money management?In this episode, I delve into the critical steps you need to take when you receive your paycheck. I guide you through creating a cash resource plan, understanding your needs, wants, and deletes, and share strategies to manage your money effectively.From setting up a comfort fund to automating your investment contributions, I'll equip you with the tools to make the most of every dollar you earn.If you're ready to accelerate your path to financial freedom and build your money machine, don't miss this episode!IN TODAY’S EPISODE, I DISCUSS:- Creating a cash resource plan to allocate every dollar a job description- Understanding your needs, wants, and deletes to manage your financial flow effectively- The wealth priority ladder and how to automate your investment contributionsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Greatest Money Lesson Came fro

The journey towards achieving our deepest desires often begins with a single, yet profound question: What do we really want? In this episode, we delve into the power of self-inquiry and strategic decision-making that propels us toward our goals. Joining us is Cayla Craft, a renowned coach and mentor known for her dynamic approach to empowering individuals in the pursuit of their ambitions. Cayla's reverse-engineered coaching method from her network marketing triumph is sure to light a fire under you.The conversation pivots around Cayla's framework outlined in her book, What Do You Really Want?  Here, she emphasizes seven pivotal questions designed to empower your personal and professional journey towards success.If you're at a crossroads, seeking clarity on your path forward, or simply looking to infuse your life with more intention and fulfillment, this episode with Cayla Craft is a must-listen. Tune in to discover how to articulate what you really want and take the steps to make it your reali

Are you at a crossroads trying to figure out how high earners actually manage their investments? There's a whole lot more than just raking in the cash; it's about planting it smartly!In this thought-provoking episode, I unravel the wisdom and strategies behind how high earners channel their finances into avenues that accelerate wealth. I will guide you through the principles of the "wealth priority ladder," where every dollar is earmarked for prosperity. You'll find out why some high earners are still caught in the paycheck-to-paycheck snare and how to sidestep that trap by smart management of both your earnings and outgoings.Ready to revolutionize your approach to financial security and pave the path to true financial freedom? Plunge into the full podcast now!IN TODAY’S EPISODE, I DISCUSS:Creating a cushion with a 'comfort fund' to cover unexpected expensesThe critical steps to eliminate 'destructive' debt and balance it with wealth creationDesigning a 'peace

Are you aiming to hit financial high notes and truly optimize your wealth-building journey in 2024? It's not just a dream; let's make it your reality!In today's riveting 70-minute episode, I peel back the curtain on the secrets to getting rich, and believe me, it's a game-changer. I share not only the essential principles of wealth accumulation but also the profound personal transformation that can redefine your relationship with money. From realizing the brevity of life due to an unexpected cancer diagnosis to learning how to control time through financial mastery, I get real about what it takes to earn, multiply, and ultimately, protect your wealth.Are you tired of just getting by? Yearning for financial liberation and the freedom to lead a life filled with purpose, presence, and peace? Then this episode is your ticket to the inner circle of affluent entrepreneurs.So, fire up your ambition and listen to the entire episode, because your financial renaissance begins now!IN TODAY’S EPISODE,

Ready to enrich your financial knowledge with the top money books that have the power to change your money mindset? In this episode, I take you through the key books that have shaped my personal financial journey and that of my clients. From investment principles to mindset and psychology of money, I share the impactful takeaways from the 25 top money books I've read. Get ready to transform your relationship with money and gain valuable insights into wealth building, financial freedom, and the behavioral psychology behind financial decisions. Ready to build your own money machine and achieve financial liberation? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS:The principles of value investing and the importance of patience and disciplineThe concept of automating your financial life to build wealth effortlessly Key mindset and psychology principles that shape financial habits and attitudesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Mach

Are you ready to understand the ins and outs of investment taxes? It's not just about paying up, it's about keeping more in your pocket!In today’s episode, I break down the complexities of investment taxes and how they impact your financial future. I discuss the different types of investment income, how they are taxed, and strategies to minimize your tax liability. From dividends to capital gains, I walk you through it all, so you can harness the power of the tax code to build your money machine.Want to take control of your financial future and keep more of your hard-earned money? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: Taxation of dividends, including qualified and non-qualified dividendsThe taxation of interest income and its exceptions in federal and municipal bondsUnderstanding capital gains and the influences of short-term and long-term investmentsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Mutual Funds, Index Funds or ETFs, Which i

Are you feeling lost in the sea of investment options? Want to know the differences between individual stocks, mutual funds, index funds, and ETFs? I've got you covered in this episode. We're breaking down the pros and cons of individual stocks, mutual funds, index funds, and ETFs. You'll discover the benefits of professionally managed mutual funds, the lower fee structure of index funds, and the flexibility of ETFs. I also delve into determining the most suitable individuals for various investment options, providing you with the information to make well-informed decisions about your financial future.By understanding these key factors, you can align your investment choices with your financial goals and needs. If you want to dive deeper into this topic, be sure to tune in to the full episode.IN TODAY’S EPISODE, I DISCUSS: Choosing between mutual funds, index funds, or etfs for your investment portfolioPros and cons of each investment optionHow to align investment choices with financial goalsRECO

How can entrepreneurs identify the right moments to seek publicity to maximize the impact on their brand and business?Join us in today's conversation with the incredible Selena Soo as we delve into the transformative role of publicity. We explore how it can be a game-changer, creating opportunities that enrich various aspects of your life.Selena shares her personal journey of transformation and how she's harnessed the art of engagement, making waves as a publicity expert. We chat about why it's crucial to weave in publicity as a strategy in your business, not just as a bonus, but as a foundational piece in building and recession-proofing your entrepreneurial empireSo if you're ready to carve out your slice of the media's spotlight and craft a legacy that's both lucrative and lasting, let's turn up the volume! You don't want to miss a beat of today's episode..IN TODAY’S EPISODE, I DISCUSS: Selena Soo's personal journey and how she leverages PR for business succ

Is it possible to secure more than just a stable return on your investments? Join me as we dissect the strategies that deliver real, tangible results in the world of investing.Today, we're getting real about investing - not just the glam you hear, but the genuine path to filling up your bank account. I dive deep into where your money can actually work for you, covering everything from the safety net of high-yield savings to the exciting world of private equity. We're talking real estate goldmines, stock market strategies, and even the digital cash cow of content creation – yes, you can invest in your words! For those looking to demystify the complexities of investments and sharpen their financial acumen, this episode can't be missed.IN TODAY’S EPISODE, I DISCUSS: Ten ways to make money through investingPros and cons of investing in individual stocks versus index funds and ETFsThe complexities of property management and potential high risks involvedRECOMMENDED EPISODES FOR YOU If you liked this

The decision to invest in a college education carries more weight today than ever before. With escalating costs and evolving job markets, the question isn't just about getting a degree; it's about making smart financial choices for the future. In this episode, I tackle the critical aspects of investing in education and the nuances of funding college. It's a deep dive into balancing the scales of knowledge acquisition and savvy financial planning.I also explore various financial vehicles like UTMA, UGMA accounts, 529 accounts, Roth IRAs, and others, dissecting their advantages and potential pitfalls. It's not just about choosing the right account; it's about understanding how these decisions ripple through your financial life.So make sure to catch this episode – it's packed with insights that could be vital in securing a stronger financial future for you and your family. IN TODAY’S EPISODE, I DISCUSS: Tax implications and benefits of UTMA/UGMA accounts versus 529 and Roth IRAsStra

When it comes to IRAs, do you go traditional or do you choose the Roth path? It's a common question, and honestly, both have their benefits and potential drawbacks. In this episode, I break down the complexities of Roth and Traditional IRAs, covering crucial aspects like tax benefits, contribution limitations, early withdrawals, investment options, and more. The aim is to provide you with the knowledge needed to make well-informed financial decisions that align with your future goals.Don't forget, understanding the specifics of Roth and Traditional IRAs is essential for anyone mapping out their financial future. Be sure to tune in to the full episode to absorb all the valuable insights and take charge of your financial destiny.IN TODAY’S EPISODE, I DISCUSS: Tax advantages of Roth IRA and Traditional IRAContributions and withdrawals comparisonIncome and contribution limits breakdownRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Why HSA Accounts Are So PowerfulWhat

The journey to financial freedom isn't just about crunching numbers and watching your bank account grow; it's a transformative process that aligns your goals with your money.Join me on this episode as we explore the world of accounting and tax professionals. I'll be sharing how to discern between different types of accountants, ways to find the right fit for your business, and the pivotal role these professionals should play in your financial journey.When it comes to finding the right accountant, there's no one-size-fits-all approach. As we discuss the different categories of tax professionals – from bookkeepers to CPAs and tax strategists – you'll gain clarity on what each brings to the table and which one aligns best with your business needs.Don't miss out on this episode - your business future may depend on it. Tune in, absorb the insights, and take actionable steps towards securing the right accountant for your financial journey.IN TODAY’S EPISODE, I DISCUSS: The categories o

Imagine ending the year not just with a bang, but with a clear blueprint for your finances. Sounds too good to be true? Not at all! I'm here to share actionable strategies that will change the way you think about and use your money. We've all been there – swiping the card, not sure where the cash flows. But here's the thing: being intentional with every dollar is like a power play in the game of wealth. So, let's slice through our expenses, pump up those savings, and light the path to not just surviving, but thriving in every aspect of our lives. This isn't just about numbers and accounts; it's about crafting a life rich with success, health, and meaningful relationships. We're going big today, my friends, and by the time we're done, you'll have a money plan that's not only bulletproof but also bursting with potential.Don't let another year slip by without aligning your cash with your aspirations. Tune into the episode and walk away equipped to make those

Today, we're tackling a question that's been coming up quite a bit - the power of HSA accounts. Now, if you've ever wondered just how impactful they can be for your investments and medical care, stick around, and I'll break it down for you.I'm thrilled to dive into today's episode, addressing a question from Kevin about HSA accounts. We'll unravel the layers of this financial tool, discussing qualification criteria, the triple tax advantages it offers, and the strategic ways to make the most out of it. This episode is all about empowering you to make the most informed financial decisions.So, if you're curious about optimizing your investments and managing medical expenses wisely, this episode is tailor-made for you.Have burning questions about finance, entrepreneurship, or anything in between? Drop them at askmelnow.com, and I might just answer them in the next episode. Let's make this journey to financial liberation a collaborative and enlightening experience. Can

Choosing between high-yield savings accounts and CDs is a big deal when it comes to planning your financial journey. It's a bit like deciding which road to take on a map—each has its own route, and you want to pick the one that gets you where you want to go most effectively.In this episode, I'll break down the pros and cons of each option, empowering you to make the best decision.We'll explore the difference between CDs (not the ones you play music on; we're talking certificates of deposit) and high-yield savings accounts. Are CDs making a comeback? Should you be using high-yield savings accounts instead? I've got all the answers right here for you!Remember, there's no one-size-fits-all solution. It all depends on your specific financial goals and circumstances. But armed with the information we discuss in this episode, you can make an informed decision that best suits your needs.IN TODAY’S EPISODE, I DISCUSS: Pros and cons of CDs and high-yield savings accountsHow to use a CD la

Have you ever wondered if you're truly living a rich life or one that feels bankrupt on the inside? Join me in a thought-provoking episode where we dive deep into the meaning of wealth and fulfillment that extends beyond the surface.This isn't your typical episode. I'll be replaying a mentoring session with one of my elite clients, where we delved into the challenges of business, fulfillment, and life. We explored why focusing only on profits and systems can leave us feeling empty and how to build a business that aligns with the richness of lifestyle, legacy, and values.Discover how aligning your business decisions with a rich life above the line can lead to true affluence. Tune in and start your journey to a life that's not just financially successful, but deeply fulfilling and enduringIN TODAY’S EPISODE, I DISCUSS: The importance of measuring wealth in time and making each moment countThe common mistake entrepreneurs make of focusing solely on profits and successThe game-changing framewo