Afleveringen
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Welcome back to another episode of The Richer Geek Podcast! Today, we’re joined by Jonathan Blau, founder and CEO of Fusion Family Wealth, a Long Island-based, fee-only registered investment advisory firm. Jonathan shares his expertise on behavioral finance and the techniques he uses to help clients make rational, well-informed financial decisions—even under stressful market conditions.
Jonathan breaks down the psychology behind wealth management, explaining why many investors struggle with emotional decisions and how he guides his clients to avoid common pitfalls. He shares powerful insights on the difference between currency and money, a fundamental concept that can reshape how you view wealth and investment.
Whether you're just starting your wealth journey or looking to refine your approach, this episode is packed with actionable advice that can help you navigate financial decisions with confidence.
In this episode, we’re discussing…
The distinction between "currency" and "money" and why it matters for financial planning.
Emotional Investing is Harmful: Emotional responses to market fluctuations can lead to poor decision-making and significant financial losses.
Focus on Long-Term Goals: Prioritize long-term financial goals over short-term market noise.
Diversification is Key: A diversified portfolio can help mitigate risk and improve overall returns.
Professional Advice: Consider consulting with a financial advisor to develop a personalized financial plan.
Educate Yourself: Continuously learn about personal finance and investing to make informed decisions.
Resources from Jonathan
LinkedIn | Fusion Family Wealth
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we are joined by Will Basta, an entrepreneur and co-founder of ACV Partners. He shares his background, insights into building e-commerce brands, and the secrets behind sustainable investment models. Discover how ACV Partners supports clients in creating profitable, multi-channel e-commerce businesses and the cutting-edge strategies that make them successful in today’s competitive digital marketplace.
In this episode, we're discussing...
Is E-commerce really the new real estate? We'll explore the potential for building a passive income stream through online businesses.
The Genesis of ACV Partners: Spotting the need for reliable infrastructure in e-commerce investments, Will and his co-founder launched ACV Partners to offer hands-off, sustainable investment opportunities for clients.Platforms and The The power of social commerce: Learn how leveraging influencers and micro-influencers can skyrocket your sales.
Building a brand for an exit strategy: We'll discuss how to create a valuable E-commerce business that you can eventually sell.
From office worker to digital nomad: Will shares his insights on achieving location independence through E-commerce.
Even if you already have a small E-commerce shop, this episode is for you! We'll discuss how ACV Partners can help you take your existing business to the next level.
Resources from Will
LinkedIn | ACV Partners | Email
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Zijn er afleveringen die ontbreken?
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Welcome back to The Richer Geek Podcast! In today's episode, we are joined by Eric Fiegoli, co-founder of Exbo Group. Since 2017, Exbo has supported over 50 growth-stage companies across industries like software, education, and healthcare. Eric shares his journey from being a senior product manager at Amazon to helping startups scale by offering financial, operational, and strategic expertise. Tune in to learn when to hire a CFO, the benefits of fractional CFOs, and how Exbo guides startups through fundraising and financial planning.
In this episode, we’re discussing…
Eric’s career shift from Amazon to co-founding Exbo Group
Financial Planning for Growth: Understand the importance of financial planning, budgeting, and forecasting for startups at various stages.
The Role of a Fractional CFO: Learn how a fractional CFO can provide valuable expertise and support to growing businesses.
Balancing Growth and Profitability: Discover key metrics to track and strategies to optimize for sustainable growth and profitability.
Navigating the Current Economic Landscape: Get insights into the current state of the VC market and potential trends for 2025.
Building a Strong Financial Foundation: Understand the importance of financial operations and how to avoid common pitfalls.
Resources from Eric
LinkedIn | Exbo Group | Email
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Welcome back to The Richer Geek Podcast! In today’s episode, we’re joined by Nicholas Spezio, M&A advisor at Exbo Group, to explore the world of mergers and acquisitions (M&A) for FinTech businesses. Whether you're a founder considering selling your startup or curious about the current M&A landscape, this episode is full of valuable insights you won’t want to miss.
Why You Should Listen:
Are you wondering if now is the right time to sell your FinTech startup?
Confused about how the current M&A environment is affecting valuations?
Worried about navigating the complexities of financial due diligence?
In this episode, we also discuss:
Uncertainty is Always Present: Learn how to adapt and embrace flexible deal structures to mitigate risks in M&A.
Tax and Legal Support is Crucial: Navigate complex tax liabilities and negotiate favorable terms with expert guidance.
Quality of Revenue Matters: Prioritize recurring revenue streams to achieve higher valuations in the sale of your business.
Manage Seller Expectations: Understand current market realities and consider earnouts to maximize future growth potential.
Financial Due Diligence Uncovers Risks: Identify potential tax exposures and negotiate settlements before closing the deal.
Fractional CFOs for Founders: Offload accounting tasks and gain valuable financial insights by utilizing a fractional CFO.
Right Buyer, Right Time: Focus on strategic alignment with buyers to ensure a smooth and successful exit.
Resources from Nicolas
LinkedIn | Exbo Group | Email
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we dive into the world of salon suite franchises with beauty industry expert Karen Kaminski, founder of Allure Salon Suite Consulting. Karen shares her unique journey from starting in the beauty business to launching and scaling private salon suite facilities across the USA. Whether you're an investor or a beauty professional, Karen offers insights on how the salon suite model provides a profitable, semi-absentee income opportunity. Listen in as she discusses key business strategies, site selection tips, and the booming demand for salon suites in the post-pandemic era.
In this episode, we're discussing...
Recession-proof industry: Beauty services are essential and always in demand.
Salon suite franchises offer a semi-absentee business model with high-profit potential.
Karen Kaminski emphasizes the importance of selecting the right location and understanding local regulations for salon suite setups.
Investors from various industries (not just beauty) are finding success in this business model.
Salon suites cater to independent beauty professionals, helping them grow their businesses in a more flexible and profitable environment.
Karen shares her method of reducing upfront investment costs by negotiating tenant improvement (TI) money with landlords.
Resources from Karen
LinkedIn | Allure Salon Suite Consulting | Karen's Email
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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We welcome back Jacob Vanderslice, Principal of VanWest Partners, a Denver-based real estate firm managing over $195 million in assets. Jacob discusses the challenges of today’s real estate market, from rising interest rates to shifting investor sentiment. He shares strategies for managing risk, the effects of market fluctuations on self-storage investments, and how VanWest uses conservative underwriting to stay resilient. Tune in for his insights on the state of real estate, the bid-ask spread, and the importance of conservative leverage in today's economy.
In this episode, we're discussing...
Challenges in the Market: Jacob discusses the difficulties faced in capital raising due to rising interest rates and how they’ve impacted real estate transactions.
Risk Mitigation: VanWest Partners takes a conservative approach to underwriting, ensuring their models account for possible market fluctuations.
Investor Sentiment: The episode covers the shift in investor behavior, with many opting for safer investments like treasury bonds over riskier real estate projects.
Bid-Ask Spread: Jacob highlights the gap between buyer and seller expectations, particularly in self-storage and other asset classes, as interest rates affect asset valuations.
Self-Directed IRAs: Learn how investors can use self-directed IRAs to invest in private real estate vehicles and the tax implications of using retirement accounts versus cash.
Resources from Jacob
LinkedIn | VanWest Partners | Jacob's Email
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast. Today, we have Ben Fraser, CIO of Aspen Funds, discussing their unique approach to investing. Aspen Funds focuses on "Macro-Driven Alternative Investments," leveraging macro trends to identify opportunities across various asset classes.
In this episode, we're discussing...
Aspen Funds leverages macro trends: They analyze the big picture to identify long-term tailwinds and invest in asset classes positioned to benefit.
Investment diversification: They invest in a variety of asset classes including real estate debt, private credit, industrial development, and oil & gas.
Oil & Gas as an Opportunity: While the current administration prioritizes renewable energy, Ben Fraser argues that limited supply and increasing demand will drive oil prices higher in the coming years.
Impact of Inflation & Interest Rates: Ben discusses the potential for higher interest rates for longer and the implications for commercial real estate.
Investing During Uncertain Times: While the market may be volatile, downturns can present opportunities for investors with a long-term perspective.
Resources from Ben
LinkedIn | Aspen Funds | Invest Like A Billionaire Podcast
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Do you feel like your money narrative is holding you back? In this episode of The Richer Geek Podcast, Amy Cook, financial advisor and founder at Maven Lane Financial Group, shares insights on how your money narrative can impact your financial decisions. She discusses how to build lasting legacies through effective financial planning strategies, overcome your money narrative, find the right financial advisor, and start planning for your future. You'll also learn tips for talking to aging parents about their finances and how to create a plan for your children's education. Whether you're just starting out or looking to elevate your finances, this episode is packed with valuable information.
In this episode, we're discussing...
Financial planning is a process, not a one-time event.
Your money narrative can shape your financial decisions.
It's important to find a financial advisor you trust and feel comfortable with.
When talking to aging parents about their finances, start by offering to meet with their advisor.
Consider creating a master binder with important financial documents and information.
There are different levels of financial planning available, depending on your needs.
Starting early with college planning can help offset the costs.
Financial success is a marathon, not a sprint. Don't get discouraged if you don't make progress overnight.
Resources from Amy
LinkedIn | Maven Lane Financial Group | Money Narrative
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! In today's episode, Andy Lee, the Founder and Chief Investment Officer of Parallaxes Capital, joins us to discuss his journey into capital investment and the founding of Parallaxes Capital, the only asset manager dedicated solely to Tax Receivable Agreements (TRAs). They explore the emerging world of TRAs, a unique asset class gaining popularity in major IPOs like GoDaddy and Shake Shack. Andy explains what TRAs are, how they function, and why they're becoming an essential tool for companies going public. He also addresses some common misconceptions about TRAs and shares how Parallaxes Capital is educating and providing liquidity to TRA holders.
In this episode, we’re discussing…
Introduction to TRAs: Learn about Tax Receivable Agreements, a growing asset class used by companies during IPOs to create long-term cash flows similar to royalties.
History and Evolution: Andy explains how TRAs evolved, comparing them to other asset classes like mineral and air rights, highlighting their hidden value.
Opportunities and Criticisms: Discover the benefits TRAs provide to founders and shareholders, along with some common criticisms, such as the perception that they mainly benefit company insiders.
Parallaxes Capital’s Role: Understand how Parallaxes Capital supports TRA holders by providing liquidity and educating them on the value of their assets.
Investment Insights: Insight into how TRAs create uncorrelated returns, making them an attractive option for investors seeking diversification beyond traditional assets.
Resources from Andy
LinkedIn | Parallaxes Capital
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
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We hope you’ve enjoyed the long weekend! Welcome back to another episode of The Richer Geek Podcast. Today, we’re diving into the world of distressed notes with Chris Seveney, CEO and co-founder of 7e Investments. Discover how to generate passive income and potentially help homeowners facing difficulties by investing in distressed mortgages. Learn about the benefits of this alternative real estate strategy and how to get started with a minimum investment of $5,000.
In this episode, we're discussing...
Chris Seveney’s Background: From civil engineering to real estate and finally into note investing, Chris’s path was driven by a desire to create a different kind of impact in real estate.
Alternative to Traditional Real Estate Investing: Invest in mortgage notes (debt) instead of physical properties to avoid property management headaches.
Helping Borrowers & Earning Passive Income: Focus on "fixing & flipping notes" by working with borrowers facing hardship to keep them in their homes while generating cash flow.
Focus on Middle-Income Properties: Target geographically diverse middle-income properties for a balance of risk and reward.
Regulation A+ Fund: Invest in a Regulation A+ fund with a minimum investment of $5,000 for access to this niche investment strategy and potential for monthly distributions of 8-11%.
Resources from Chris
LinkedIn | Email | 7e Investments
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Chasing knowledge, not money, is the guiding principle discussed in this episode of The Richer Geek Podcast. Joining us today is Darin Davis, co-founder of Club Capital, to discuss the critical role of preferred equity in today's real estate market. With over 20 years of experience, Darin shares his journey from traditional employment to becoming a successful real estate investor. Tune in to learn how Darin utilizes preferred equity to support developers and secure safe, profitable investments, ensuring sustainable growth even during volatile market conditions
In this episode, we're discussing...
Mindset Shift: Darin Davis emphasizes the importance of shifting from a paycheck mentality to focusing on financial independence and asset control.
The Power of Mentorship: Davis shares how invaluable mentorship and learning opportunities are, sometimes more valuable than immediate financial gains.
Raising Capital: Learn about the pivotal role of raising capital in real estate and how leveraging others' money can accelerate your success.
Navigating Market Shifts: Insight into how to adapt and thrive through major market changes, particularly in the real estate sector.
Strategic Partnerships: Davis highlights the importance of choosing the right development partners and staying focused on your market.
Preferred Equity Investments: Explore how preferred equity can provide investors with safer, cash-flowing, short-term opportunities in volatile markets.
Resources from Darin
LinkedIn | Club Capital
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Are you frustrated with traditional IRAs and 401(k)s limiting your investment options? Do you wish you could use your retirement savings to invest in real estate, gold, or even Bitcoin? If so, this episode is for you!
Today on The Richer Geek Podcast, we sit down with Parker Pursell, President and CEO of eQRP, to explore his journey from a family-owned fertilizer business to leading a financial company that empowers investors to take control of their retirement funds. Learn how Parker transitioned from agriculture to finance and discover the innovative ways eQRP helps investors unlock the potential of their retirement savings.
In this episode, we’re discussing…
Self-Directed 401(k) vs. IRA: Learn why a self-directed 401(k) is often more advantageous than an IRA, particularly in debt-leveraged investments, where it can save you significant tax liabilities.
Alternative Investments: Understand how eQRP empowers investors to diversify their retirement portfolios with alternative assets like real estate, gold, and Bitcoin, without the limitations of traditional financial systems.
Financial Freedom through eQRP: Explore how eQRP is revolutionizing financial freedom by providing investors with the tools, education, and control needed to maximize their retirement savings.
Parker's Personal Journey: Get inspired by Parker Pursell's unconventional path from a family-owned fertilizer business to becoming a financial industry leader, emphasizing the importance of continuous learning and value-driven leadership.
Actionable Tips: Gain insights into strategic moves that could potentially save you hundreds of thousands in taxes by transitioning your IRA into a self-directed 401(k) with eQRP.
Resources from Parker
LinkedIn | eQRP | Turnkey Retirement
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast. Dave Wolcott, founder of Pantheon Investments, returns to share insights on new investment opportunities, including private credit. Learn about alternative investments, tax optimization, and real estate strategies to grow your wealth. Don't miss this episode for expert advice and actionable strategies to achieve your financial goals.
In this episode, we're discussing...
Portfolio Allocation is Key: Focus on a few key sectors and diversify within those sectors to reduce risk.
Alternative Investment Strategies: Explore alternative asset classes like private credit, which offer high growth, are non-correlated to the stock market, and provide steady cash flow.
Uncertainty Creates Opportunity: Don't be afraid of market uncertainty. Look for ways to use uncertainty to your advantage and create certainty in your financial future.
Building Your Wealth Pyramid: Consider using Infinite Banking and whole life cash value policies as the foundation of your wealth pyramid. These strategies are non-correlated to the market, offer multiple benefits, and provide stability.
Define Your Certainty Needs: Identify what financial certainty means to you (e.g., emergency fund, passive income) and develop strategies to achieve it.
Resources from Dave
LinkedIn | Pantheon Investments | The Holistic Wealth Strategy
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we're switching things up a bit. While we usually focus on investments, this time we're diving into finance. Our guest is Emmanuel Daniel, an author, entrepreneur, and corporate strategist. As a global thought leader on the future of finance and its impact on business and society, Emmanuel is a member of the Forbes Business Council and was listed as a top 10 global influencer in the "FinTech Power50" in both 2021 and 2022. He is also the founder of the research publication and consulting house, TAB Global.
In this episode, we're discussing...
Transformation of Banking: The digitization of banking has drastically changed the industry, making transactions faster and more efficient.
Future of Finance: As industries become more digitized, the nature of assets and investments will continue to evolve, impacting how people view and manage wealth.
Global Economic Dynamics: The intertwined economic relationship between the US and China showcases the complexity of global trade and the significant impact of geopolitical decisions.
US Economic Strengths: The US excels in information handling and liquidity in capital markets, setting it apart from other economies.
Socialism vs. Capitalism: The US has largely rejected the socialist model, focusing on market-driven solutions, whereas other countries like Sweden and Norway provide examples of successful socialist policies.
Local Community Influence: In the US, the role of local communities is crucial in creating social safety nets, reflecting the nation's diverse approach to balancing market forces and social needs.
Resources from Emmanuel
LinkedIn | Emmanuel Daniel's website | The Great Transition
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to The Richer Geek Podcast! Today, we're joined by Whitney Elkins-Hutten, a real estate expert dedicated to helping busy professionals build wealth. Whitney's journey started in 2002 and has since grown into a career filled with impressive achievements. She is the Director of Investor Education at PassiveInvesting.com, Founder of AshWealth.com, and author of "Money for Tomorrow: How to Build and Protect Generational Wealth." Whitney is also a partner in over $800MM in real estate, including 6500+ residential units, 15 car washes, and 2200+ self-storage units across 11 states.
In this episode, we're discussing...
From Humble Beginnings to Real Estate Mogul: Whitney's journey from accidental landlord to a multi-million dollar real estate portfolio.
Multifamily Market Outlook: While multifamily remains a strong asset class, careful market selection is crucial due to current economic challenges.
Express Car Washes: A Shiny New Investment: The express car wash industry offers promising investment opportunities with its membership-based model.
Passive Investing Made Accessible: PassiveInvesting.com provides a platform for investors to access real estate opportunities.
Financial Foundation First: Whitney emphasizes the importance of building a strong financial foundation before investing.
Knowledge is Power: Understanding investment principles is key to making informed decisions, according to Whitney.
Resources from Whitney
LinkedIn | PassiveInvesting.com | AshWealth.com
Money for Tomorrow: How to Build and Protect Generational Wealth
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we're chatting with Shane Mishler, COO of SD Tech, reveals how outsourcing IT quadrupled his revenue in just 5 years. Learn how to supercharge your business, boost efficiency, and unlock massive growth. Plus, get insider tips on building a thriving tech business, delivering top-notch customer service, and expanding your MSP reach.
In this episode, we’re discussing…
Outsourcing IT Can Quadruple Revenue: Shane Mishler, COO of SD Tech, shares his experience of how outsourcing their IT team led to a 4x increase in revenue within 5 years.
Focus on Customer Service: Customer service is a core value at SD Tech. They believe in building strong relationships with their clients and prioritize addressing their emotional needs alongside technical problems.
Managed Service Provider (MSP): SD Tech is an MSP that offers IT support to small and medium-sized businesses. They handle everything from network management to cloud migration and troubleshooting technical issues.
SD Tech Franchise Opportunity: SD Tech recently launched a franchise program. This allows individuals to leverage their existing business development skills and SD Tech's proven model to establish their own IT support business.
No Prior Tech Experience Required: While some technical knowledge is helpful, SD Tech franchisees don't need to be experts. The ideal candidate is someone with strong sales experience and the ability to build relationships. Training and support are provided by SD Tech.
Resources from Shane
LinkedIn | SD Tech | 6 Tech Traps That Can Stop Your Start-up
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Ever wish you could predict market movements? Today on The Richer Geek Podcast, we explore how AI can spot hidden signals in the market. Andrew Einhorn, Chief Executive Officer and co-founder of LevelFields, joins us to reveal how AI can identify events that impact stock prices. Learn how to leverage AI for smarter investing!
In this episode, we're discussing...
Introduction to LevelFields: Learn about Andrew Einhorn's journey from an epidemiologist to the CEO and co-founder of LevelFields, an AI-driven FinTech application designed to streamline investment research.
AI in Investment Research: Discover how LevelFields leverages AI to automate and simplify the process of investment research, enabling investors to identify opportunities quickly and efficiently.
Event-Driven Analysis: Understand how LevelFields focuses on event-driven analysis, monitoring US stocks 24/7 to find events that significantly impact share prices, while ignoring irrelevant noise and opinions.
Case Studies: Hear examples of how identifying events such as dividends, buybacks, and market trends can lead to significant investment opportunities, illustrated by real-world scenarios like the rise of coal companies during the Russia-Ukraine conflict.
Market Manipulation and Bias: Learn how LevelFields cuts through market manipulation and biased information, providing users with clear, data-driven insights that help them make informed decisions.
Future of AI in Investing: Explore the potential future applications of AI in the investment world and how it can make sophisticated financial strategies accessible to everyone, regardless of their level of expertise.
Resources from Andrew
LinkedIn | LevelFields AI
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome to another episode of The Richer Geek Podcast. Today, we are joined by Mark Murphy, CEO of Northeast Private Client Group and a renowned expert in financial planning and wealth management. He explains the importance of building multiple income streams and designing a life with intention. Discover the principles of cash confidence, the significance of investing in your money-making endeavors, and the importance of creating both paychecks and playchecks. Learn how an entrepreneurial mindset and strategic collaboration can transform your financial future. Plus, explore Mark's book, 'The Ultimate Investment,' and uncover the secrets to achieving financial freedom.
In this episode, we’re discussing:
Cash Confidence: Importance of maintaining liquid assets or reliable income streams to navigate financial challenges.
Money Machine: Investing in one's business to generate a significant return on investment.
Paychecks vs. Playchecks: Differentiating between income-generating assets and expendable assets for financial stability.
Entrepreneurial Mindset: Emphasizing strategic planning and financial engineering to create multi-generational wealth.
Collaboration Over Isolation: Working with a team of financial experts to optimize wealth management.
Transformational Language: Using impactful, memorable language to reinforce financial strategies and principles.
Invest in Yourself: Continual self-improvement and education to advance career and financial goals.
Diversified Asset Classes: Understanding the significance of various asset classes beyond traditional investments.
Resources from Mark
Email | Northeast Private Client Group | Contact number: 973-422-9140
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we have Byron Wolfe, founder of CFOAF, sharing unparalleled tax benefits and insider tips to help you master business financial principles. With Byron's expertise in hospitality real estate and real estate investment, you'll discover strategies to maximize your average return on investment and position your business for long-term success.
In this episode, we're discussing:
Understand common early business mistakes and how to avoid them
Leverage unmatched tax benefits to save your business money
Optimize your cash flow for better financial stability
Learn the importance of focusing on profitability
Maximize your average return on investment (ROI)
Implement strategic financial planning for sustained growth
Resources from Byron
LinkedIn | CFOAF
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we have Kim Daly, one of America’s top franchise consultants, host of Kim Daly TV on YouTube, author, speaker, thought leader, and franchising expert.Kim shares insights on how to break free from the corporate grind, the benefits of franchising, and how to find the right franchise. If you're stuck in your nine-to-five and dreaming of owning a franchise, this episode is for you.
In this episode, we're discussing...
Franchise vs. Entrepreneurship: Understanding the benefits of franchising, including systems, processes, and support that reduce the risk of failure compared to starting a business from scratch.
Importance of Leadership: The success of a franchise is heavily dependent on strong, experienced leadership within the franchise system.
Matching Process: Using a franchise consultant like Kim Daly to match your skills, goals, and lifestyle preferences with the right franchise opportunity.
Economic Resilience: How franchises can thrive during economic downturns due to strong leadership and adaptive business models.
Scalability: The importance of scalability in franchising to achieve financial success, often requiring multiple units or locations.
Predictable Revenue Models: Focusing on franchises with membership models for predictable and consistent revenue.
Resources from Kim
LinkedIn | The Daly Coach | Kim Daly TV
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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