#169 - How Entrepreneurs Should Actually Think About Money | Patrick Rogers (Elkridge Advisors)

In this episode of The Necessary Entrepreneur, Mark Perkins sits down with Patrick Rogers, Partner at Elkridge Advisors, for an in-depth conversation on wealth management for entrepreneurs, financial decision-making, and building long-term financial clarity as a business owner.

Patrick advises founders, executives, and high-earning entrepreneurs on financial planning, investing, and capital strategy, especially during periods of growth, liquidity events, and business transitions. In this episode, he breaks down the most common financial mistakes entrepreneurs make, why complexity often creates more risk than value, and how incentives quietly shape long-term outcomes.

Mark and Patrick explore what financial independence really means for entrepreneurs, how mindset influences money decisions, and why many successful founders still feel uncertainty around wealth despite strong income or exits. The conversation focuses on practical thinking around money, not shortcuts, hype, or financial guru tactics.

This episode is especially valuable for entrepreneurs who want their business success and personal finances aligned, whether they're scaling, preparing for an exit, or building a sustainable long-term plan.

Topics covered include:

• Wealth management strategies for entrepreneurs and founders

• Common financial planning mistakes business owners make

• How to think about investing as income grows

• The role of mindset in financial decision-making

• Aligning personal wealth goals with business strategy

🎙️ The Necessary Entrepreneur, hosted by Mark Perkins, features real conversations with founders and leaders who've built businesses worth studying. 📌 Connect With Us:Website: https://www.thenecessaryentrepreneur.com/ YouTube: https://www.youtube.com/@thenecessaryentrepreneur Instagram: https://www.instagram.com/thenecessaryentrepreneur/ Facebook: https://www.facebook.com/TheNecessaryEntrepreneurPod X (Formerly Twitter): https://twitter.com/MPerkinsTNE LinkedIn: https://www.linkedin.com/company/tnepod/ TikTok: https://www.tiktok.com/@tneclips Spotify: https://open.spotify.com/show/6xhGUE1yzy2N0AemUOlJPx?si=d1c5c316af404f15 Apple Podcasts: https://podcasts.apple.com/no/podcast/the-necessary-entrepreneur/id1547181167

📌 Find Out More About Patrick Rogers & ElkridgeAdvisors:https://www.linkedin.com/in/patrickvrogers/ https://elkridgeadvisors.com/