Build Your Money Machine with Mel Abraham

Join us on The Candy Valentino Show with author and CPA, Mel Abraham as we dive into investing strategies, the common tax mistakes people make, and the importance of business structure for entrepreneurs.

Candy and Mel share invaluable financial lessons, the types of insurance entrepreneurs need, and how to avoid the most common pitfalls of partnerships. 

Learn the importance of investment rules, the power of diversification, and how to manage risk and avoid money mistakes.

Mel breaks down his Wealth Priority Ladder, how to invest in real estate without being a landlord, and how to value and prepare a business for sale.

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Chapters:

00:00 - Introduction

03:01 - Advice for Sole Proprietors

05:15 - Importance of Insurance

08:00 - Partnership Pitfalls

12:13 - Starting Over

14:36 - Rising from the Ashes

20:53 - Investment Rules

25:12 - The Stack of Lack

28:55 - Building the Money Machine

29:04 - The Wealth Priority Ladder

30:15 - Investing in Real Estate

31:11 - Investment Priorities

32:40 - Portfolio Diversification

34:06 - Valuing a Company

35:41 - Preparing Your Company for Sale

37:10 - Maximizing Value and Minimizing Taxes

38:11 - The Importance of Economic Value

38:56 - People, Processes, Profits, and Proprietary

39:17 - Who is the Book For?

42:00 - The Meaning of Wealth

44:05 - Where to Find the Book

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