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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What to Do When Your Work Isn't Fun Anymore with Rick Mulready
05/06/2023 Duration: 01h04minAs an entrepreneur, I know how rewarding it can be to build a successful business from scratch. However, I also know that the path to success can be long and challenging, and sometimes it can take a toll on our mental and emotional well-being. One of the most common issues that entrepreneurs face is burnout - the feeling of being exhausted and uninspired.In this episode, I got to chat with my good friend, Rick Mulready, a successful entrepreneur who's been through this exact struggle and has some valuable advice to share. In our conversation, Rick emphasized the significance of prioritizing what matters most in life and the need to care for ourselves just as much as we care for our businesses. He also talked about his courageous decision to take a 90-day sabbatical to focus on his well-being and spend quality time with his loved ones.I found Rick's story to be inspiring because it takes immense strength to recognize when you're overwhelmed and need to make changes. So, I encourage you to listen
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Make More Money by Getting Paid More for What You Know
29/05/2023 Duration: 35minYour knowledge and expertise are worth something, and it's time to start capitalizing on it. You don't have to be a CEO or high-level executive to do it. In fact, all it takes is some strategic positioning and a unique value proposition that sets you apart from the competition. In this episode, we're going to go through all the strategies you need to achieve this goal. We'll talk about how you can create a system that generates income and helps you scale your revenue to reach financial freedom faster. So if you're ready to make a real impact and take control of your finances, then this episode is for you. Don't settle for mediocrity when you can unleash your money-making machine and become a true expert in your field. IN TODAY’S EPISODE, I DISCUSS: How to monetize your knowledge and expertise for increased incomeThe importance of a unique methodology in increasing incomeThe four quadrants of the Standout Authority MatrixRECOMMENDED EPISODES FOR YOU If you liked this episode, you&
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Generate & Scale Your Income to Build Wealth Faster
22/05/2023 Duration: 33minWouldn't it be amazing if you could have the freedom to choose when and how you earn money? Imagine being able to break free from the limitations of a single paycheck and create a steady stream of income that grows over time. That's the kind of life that can help you achieve your financial goals, whether it's paying off debt, saving for retirement, or anything else you can dream up.But it's not just about making money. It's about building wealth that lasts. It's about creating a solid financial foundation that lets you live life on your own terms. That's why you won't want to miss this episode, where I'll show you how to generate and scale your income with flexibility, time, profitability, and cash flow. We're going to dive into the Digital Income Paradigm and explore what you need to have in place to make it work. This framework is not complicated, and with the right approach, it can help you earn a higher income with ease.So don't let financial limitati
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Path to Richness As Digital Business Owner with James Wedmore
15/05/2023 Duration: 01h26minAs the world becomes increasingly digital, more and more people are jumping on the online business train to gain financial independence and live their dream lives. And let me tell you, it's totally doable!That's why I'm super pumped to share my recent conversation with James Wedmore with you. James is an absolute pro when it comes to creating digital businesses and personal brands, and he's had some incredible success doing so.During our conversation, James and I had a chat about how to create a rich life through a digital business. We talked about building a personal brand, staying motivated and purposeful, and growing and evolving in your journey. We also shared some tips on how to avoid common mistakes that can hold entrepreneurs back from achieving their goals.I picked up some great tips from our chat, and I'm sure you will too! So, join us for this insightful and entertaining conversation. IN TODAY’S EPISODE, I DISCUSS: The elements of creating a rich life through digital entrepr
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How to Quit Your Job & Build a Profitable Business
08/05/2023 Duration: 32minReady to break free from the 9-to-5 grind? Do you dream of being your own boss and building a successful business that you're passionate about? Many people are seeking a way out of their traditional jobs in pursuit of something more fulfilling and financially rewarding.But the transition from a steady paycheck to the uncertainty of entrepreneurship can be daunting, which is why I want to share with you the Entrepreneur Transition Formula, the exact framework I use with my clients to make that leap with more confidence, clarity, and profit.So if you're ready to take the leap into entrepreneurship, listen in to this episode for practical tips and insights on how to do it the right way.IN TODAY’S EPISODE, I DISCUSS: The importance of commitment in building a successful businessUnderstanding the Entrepreneur Transition FormulaHow to increase your joy, fulfillment, and cash flow as an entrepreneurRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Simple Strategies to Inc
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How Frameworks Drive Value, Revenues & Profits with Shana Bresnahan
01/05/2023 Duration: 52minYou see, as an entrepreneur and business consultant, I've come to realize that having a solid framework is one of the keys to success in any business endeavor. In fact, I believe that frameworks are essential for driving value, revenues, and profits. And I'm not alone in this belief. My friend and fellow entrepreneur, Shana Bresnahan, is also a big proponent of using frameworks in business.Recently, Shana and I had a fascinating conversation about the power of frameworks and how they can be used to create and retain customers, increase revenue, and boost profitability. It was such an insightful conversation that I wanted to share it with you all.Trust me, you don't want to miss out on this opportunity to gain valuable insights into how frameworks can transform your business. Tune in now and start leveraging frameworks for success!IN TODAY’S EPISODE, I DISCUSS: The four pieces of a powerful frameworkThe three critical outcomes of being an entrepreneurHow framework helps measure progressCONNECT W
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My Favorite Investing Accounts (And How to Maximize Your Returns)
27/04/2023 Duration: 45minLet's talk investing!Investing isn't a one-size-fits-all deal, and it's crucial to find an investment that matches your financial goals and risk tolerance. As someone who's been investing for a while now, I've tried and tested various investment accounts and found my favorites based on ease of use, low fees, and a track record of success.So, in this episode, I'll be sharing my knowledge on where to put your money first, how to allocate it, and the different investment accounts that you can consider on your journey to financial freedom. I'm going to walk you through six different accounts that you can consider. We'll cover things like how easy it is to access your money, what tax benefits you might get, and what kind of risk you're exposing yourself to.As you start exploring these six investments, keep in mind that investing takes time and patience, but the rewards can be life-changing. So go ahead, take the plunge, and start investing in your future today!IN TODAY’
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How Community Drives Sales, Profit & Wealth With Lindsey Schwartz
24/04/2023 Duration: 51minBuilding a community around your brand is more than just a marketing strategy - it's a powerful tool that can transform your business. When customers feel connected to a brand, they become loyal advocates and repeat buyers, creating a snowball effect of positive growth.Today, we're exploring the fascinating topic of how community can drive sales, profit, and wealth for your business. And we're lucky enough to have a fantastic guest to help us dive deeper into this topic.Joining us in this episode is my dear friend, Lindsey Schwartz, an entrepreneur, bestselling author, and founder of the Powerhouse Women community. Lindsey is an expert in community building, and she's here to share some of her insights with us.Together, we'll dive into the importance of nurturing genuine relationships with your community and providing value to your customers. Lindsey will share valuable insights and key steps to help you build a thriving community around your brand that drives long-term growth and suc
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How the Top 1% Earners Accelerate Their Wealth (It's Not By Getting a Raise)
20/04/2023 Duration: 29minWhen we think about the wealthiest people in the world, we often assume that they got there through hard work, determination, and maybe a lucky break. While these factors certainly play a role, there's another key factor that often goes overlooked: smart financial strategies.So in this episode, I'm gonna let you in on the real deal. We'll talk about how diversification, risk management, and taking a long-term approach can help you grow your wealth. And don't worry, I won't just be throwing around empty theories. I'll give you ten practical tips you can actually use to level up your money game.So get ready to take some notes and put these strategies into action. Your future self will thank you for it!IN TODAY’S EPISODE, I DISCUSS: 10 strategies to accelerate your wealth growthLeveraging multiple income streams for long-term wealth growthHow tracking your numbers can change your financial habitsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Weal
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Building Legacy & Wealth Through Podcasts with Travis Albritton
17/04/2023 Duration: 56minIn the business and content creation world, there's no denying that podcasts are the new rockstars. They're the cool kids on the block, with millions of listeners tuning in to their favorite shows every day. And the best part? Anyone can start a podcast, including you! In this episode, we've got a podcasting expert in the house, Travis Albritton, founder of Honest Podcasts. We’ll delve into how podcasts can serve as a powerful tool for growing your audience, generating income, and making a real impact. Travis will be sharing the tips and techniques he's used to help his clients scale their shows and businesses, giving you an insider's look into the world of successful podcasting. So whether you're a seasoned podcaster looking to elevate your show or a newcomer curious about the possibilities of this medium, this episode has something for you. So sit back, relax, and enjoy our conversation!IN TODAY’S EPISODE, I DISCUSS: Podcasting vs. Traditional mediaHow to frame your podcast aro
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Simple Strategies to Increase Your Income (Without Burning Out)
13/04/2023 Duration: 36minIf you're ready to level up your income game without sacrificing your well-being, then you're in the right place. As an entrepreneur or anyone looking to bring in some extra cash, it's easy to fall into the trap of thinking that working harder and longer is the only way to make more money. But guess what? That's not true! In fact, it can be super counterproductive and harm your health in the long run.So, get ready to take notes as I discuss the 10 practical strategies to boost your income. These strategies are all about maximizing your time, tapping into your strengths, and creating more value in your life. You deserve to live your best life, and with these tips, you can make that happen without sacrificing your well-being.Don't wait for the "perfect moment" to start building your wealth - the time is now! Tune in and start implementing these strategies today. Let's hustle smarter, not harder, and create the life we deserve!IN TODAY’S EPISODE, I DISCUSS: The importance
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How to Redefine Your Future with Lori Harder
10/04/2023 Duration: 50minYou hold the power to shape your future, to redefine it in any way you choose. And I'm thrilled to introduce you to a woman whose inspiring journey shows just how transformative that power can be–Lori Horder.Lori's story is a testament to the power of resilience and determination. Growing up in a small town and in a restrictive religion, her perception of what life had to offer was limited. But instead of accepting that narrow view, she went on a journey of self-discovery and reinvention.Of course, it wasn't easy. She faced setbacks and challenges along the way, including losing everything and having to rebuild with her husband. But she never gave up and instead found new opportunities and paths to success. Today, she is the CEO and founder of a successful beverage company and a respected author and podcaster.Allow Lori's incredible story to stir something within you and inspire you to take that crucial first step toward your own path of transformation.IN TODAY’S EPISODE, I DISCUSS: How Lo
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Why Knowing Your Financial Numbers is Vital to Your Future
06/04/2023 Duration: 29minIf you're looking to build a secure financial future, then you need to know your numbers. I'm not talking about just your bank account balance or your credit score; I'm talking about your entire financial picture. Your net worth, your retirement savings, your investment portfolio - all of these numbers matter. The road to financial freedom actually has four milestones along the way to make sure you are on path. And when navigating to financial freedom, everyone must pass through these milestones. Do you know where you are? The other thing to realize is that our retirement system is broken, and this episode shows you why and what you need to do instead to take control of your financial destiny for good.That’s why in this episode, I’m going to show you why understanding your financial numbers is vital, how to calculate them, and how you can use them to create a plan for your future. But it's not all about numbers and statistics. I'll also discuss the common pitfalls of the current retir
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How a CFO Can Transform Your Profits & Wealth with Michael King
03/04/2023 Duration: 52minRunning a successful business isn't just about having an exceptional product or service; it's a symphony of strategic planning, marketing, and financial management. It's easy to get lost in the weeds of operating a company, but with the right financial guidance, you can keep your business on the path to profitability.That's why I’m excited to have Michael King on this episode, a seasoned fractional CFO with a diverse background in nuclear engineering and plywood manufacturing. Michael's unique experience in different industries offers a fresh perspective on the importance of financial management and how it can be applied to any business. From cash flow management to financial reporting, Michael knows how to navigate the financial complexities of running a successful business.You don't want to be left behind in the race for profits and wealth, do you? So, join us on this episode as Michael King shares his insights on how a CFO can transform your business and your financial future.
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Capturing the Affluence Vision for Your Life
30/03/2023 Duration: 28minStop chasing wealth! Go after affluence instead…So often, we equate affluence with opulence and material wealth, but in reality, that's only one small piece of the puzzle.Instead, affluence is about creating a life that is meaningful and fulfilling from the inside out. It's about identifying the things that bring you joy and purpose and weaving them into the fabric of your daily existence.Sure, there are some things we have to do in life that aren't particularly enjoyable, but when it comes to the things we choose to put into our lives, are they truly meaningful? Do they spark a feeling of joy that radiates from the inside out?This is the crux of The Affluent Life Paradigm™, and in this episode, I’m going to break it down for you. I’ll be discussing the four key elements of an affluent life, and you might be surprised to learn that only one of them has to do with material wealth.So sit back and get ready to take some notes. We're about to embark on a journey of self-discovery and intention
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How to Live a Fully Expressed Life with Rachel Luna
27/03/2023 Duration: 53minI recently had a fantastic conversation with my friend Rachel Luna, and it's one that I can't wait to share with you all. This conversation was deep, meaningful, and inspiring. It's the kind of conversation that will make you think and really consider whether you're living a life that's fully expressed.I am always talking about the importance of living a rich life versus a wealthy life. Part of living richly is your ability to live a life fully expressed. Unfortunately, we may be shrinking instead of growing in that arena if we aren’t careful. Rachel and hit on this and so much more that can lead to richness in your life.Rachel is the author of the book, Permission to Offend, and is a true inspiration when it comes to living authentically and with purpose. We delved deep into the different components that make up a fully expressed life, including how to navigate challenging experiences like our personal journeys with cancer. Rachel's wisdom and experience are truly inspiring, and
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Do This Before You File Your 2022 Tax Return...
20/03/2023 Duration: 34minWe're diving into a topic that might not be the most exciting, but it's definitely something we can't ignore: taxes. It's easy to feel overwhelmed by the tax process, but understanding a few key things can help ease that stress and even save you money.In this episode, I’m gonna give you the lowdown on some tax basics. I'll talk about how the tax system works and what you need to know to make sure you're not leaving any money on the table. I'll also dive into what kinds of things you need to account for, like income, property, and other sneaky taxable items.So, get ready to learn some valuable tips that will help you keep more of your hard-earned money in your pocket. Trust me, this is one topic you don't want to overlook!IN TODAY’S EPISODE, I DISCUSS: The basics of how taxes work & using it to your benefitThe difference between a deduction and a tax creditKey moves to consider before the tax filing time IRS Code Section 179: How does it work?Retirement plans - How
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What Everyone Needs to Know About Crypto Taxes
13/03/2023 Duration: 34minAre you investing in cryptocurrency? Do you know that you may be subject to taxes on your investments? Join me in this episode as I dive deep into the topic of crypto taxes. From capital gains to income taxes, I’ll cover the different types of taxes you need to know about. Plus, I’ll provide you with useful tips on how to properly report your crypto earnings to the IRS.Whether you're a crypto pro or just dipping your toes into the digital asset world, this episode is a must-listen to ensure you're on top of your tax game. Don't miss out on this valuable information – tune in now!IN TODAY’S EPISODE, I DISCUSS: Taxable and non-taxable crypto transactionsUnderstanding capital gains in cryptoThe importance of third-party software for crypto taxesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Do this before you file your 2022 tax return...How one client saved $24k on their taxes by becoming an S CorporationHow Entrepreneurs Really Build Wealth!Should You Convert
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Your Money Questions Answered... Money Mentoring Over Coffee
06/03/2023 Duration: 55minIt's time for another exciting episode of Money Mentoring Over Coffee, where we get down to the nitty-gritty of all things finance and provide you with expert advice. We've got interesting questions pouring in through our hotline at AskMelNow.com, and we're ready to tackle them all. Get ready for a no-holds-barred conversation about financial security, emergency funds, and so much more. This episode is all about making sure you’re properly equipped to handle your money and stay on top of the financial game.Whether you're just starting out on your financial journey or you're a seasoned pro, there's always something new to learn when it comes to personal finance. So, sit back, relax, and let's dive in!If you've got questions of your own, make sure to hit me up on my question hotline at AskMelNow.com.IN TODAY’S EPISODE, I DISCUSS: Should I pay off my credit card with a HELOC?Investing in private lending with a personal guaranteeDivorce and money issues can haunt youIs doi
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How One Client Saved $24k on Their Taxes by Becoming an S Corporation
27/02/2023 Duration: 22minAs an entrepreneur, you have the opportunity to structure your business in a way that makes the most sense for you. But with so many options available, it can be difficult to know which one is right for your specific situation. Should you be an LLC, a sole proprietorship, or an S Corporation? Well, it depends on your situation and in this episode I'll break it all down for you.I'll walk you through the math and give you a worksheet to help you see if S Corporation is right for your business. So if you're looking to cut down on your tax bill or just want to improve your overall tax strategy, you're in the right place. Hit that play button, and let's dive right in!IN TODAY’S EPISODE, I DISCUSS: The different types of business entitiesImportance of having a good tax strategy for your businessThe best time to switch to an S CorporationRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Go from Job to Entrepreneur with Amy PorterfieldHow Entrepreneurs