Understanding your finances, investing like a pro, and reaching the financial freedom you’ve always wanted.
As an entrepreneur, I'm sure you know how important it is to understand your finances. You're the one who's solely responsible for bringing it in every month, and it can be super stressful and confusing, right?!
I'll be honest – when I first started my entrepreneurial journey, I really struggled with my finances. I didn't know how to plan ahead, invest, or make smart financial decisions, and I made a lot of mistakes in those early days. But it doesn't have to be the same for you!
Today, you're in the best hands to learn those skills and much more with brilliant CPA and extremely successful entrepreneur Mel Abraham. He's here to share two super simple yet powerful money concepts he coaches his clients on. And if you haven't heard of his book "Building Your Money Machine," you're in for a treat! It's an incredible resource with practical and actionable steps to help you build a solid foundation for financial success.
Mel also opens up on how he managed an extremely scary cancer diagnosis. It was then that he saw the financial challenges small business owners face and decided to put his principles into his book. My friend, with Mel's wisdom, you can build wealth like never before and finally achieve the financial freedom you've always wanted.
Today, we discuss:
- (7:59) How Mel’s cancer journey affected his business
- (12:40) Understanding why you might have a fear of making financial decisions
- (21:07) The importance of having open conversations about money and having a backup plan
- (24:35) Using the “wealth priority ladder” to create a good financial foundation, have priorities, and maximize the returns of every single dollar
- (32:35) Tips and tricks for investing your money for financial freedom
- (38:03) How to be debt free in your retirement
- (44:13) Everything you will learn from Mel’s brilliant book!
Listen in and take control of your finances today! Trust me – this is an episode you don't want to miss.
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