Friends That Invest

The hosts discuss the importance of a simple yet memorable business name, checking for trademark issues, and securing social media handles. They share their personal experiences and emphasize the significance of targeting emotions and reflecting the purpose of the business. The chapter also highlights the connection between business name and branding, the tendency to overcomplicate the decision, and the importance of a memorable business name. They emphasize the action of selecting a name and rebranding if necessary, while reminding listeners that success is based on product quality and customer care.

This week, Sim and Sonya discuss the pros and cons of company stock options. They highlight the benefits, such as diversification and feeling valued as an employee, but also caution against tying up too much of your net worth in a single company. Ultimately, they emphasise the importance of considering your company's long-term prospects before deciding whether to invest in its stock options.Watch the episode on Youtube hereFor more Friends That Invest:Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.InstagramTikTokTwitterFacebook Hosted on Acast. See acast.com/privacy for more information.

Welcome back to Money Confessions, a weekly series where you tell us your deepest, darkest money secrets or hot takes. You're joined by Sim and Sonya, two best friends who have *a lot* to say.This week, Sim and Sonya discuss a listener's complex family situation involving an estranged alcoholic parent who has requested a significant share of an inheritance. They advise setting boundaries, considering gradual financial assistance, and highlighting the importance of self-care and emotional well-being in navigating such challenging family dynamics.Watch the episode on Youtube hereFor more Friends That Invest:Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.InstagramTikTokTwitterFacebook Hosted on Acast. See acast.com/privacy for more information.

Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia dive into the growing trend of businesses adopting gig work and hiring contractors over full-time staff. They explore the benefits of flexibility and cost-cutting, but also highlight potential downsides like inconsistent company culture and loyalty. They discuss how agencies can provide a middle ground, offering specialised services with a team approach.Watch the episode on Youtube hereFor more Friends That Invest:Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.InstagramTikTokTwitterFacebook Hosted on Acast. See acast.com/privacy for more information.

This week, Sim and Sonya discuss the benefits and drawbacks of creating a trust for asset protection in their podcast. They highlight advantages like privacy, control over assets, and potential tax benefits. However, they also delve into disadvantages such as setup costs, compliance obligations, and reduced freedom over assets within a trust structure.Watch the episode on Youtube hereFor more Friends That Invest:Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.InstagramTikTokTwitterFacebook Hosted on Acast. See acast.com/privacy for more information.

Sim and Sonya discuss a listener's dilemma about moving back home to save money after university. They explore the financial advantages and personal experiences of living with parents to cut costs and discuss the societal judgment surrounding this decision. They also delve into topics such as lending money to friends, frustrations over frivolous spending while owing money, and feelings of insecurity and judgment in friendships due to wealth disparities.

Sim and Maia discuss overcoming the fear and shame of being online creators, sharing personal experiences and strategies for managing negative comments and judgments. They emphasize the power of positive reinforcement, embracing imperfections, and taking action instead of striving for perfection. They also talk about the struggles of posting content, striving for aesthetic perfection, and the importance of putting imperfect content out there to improve over time.

This week, Sim and Sonya delve into the modern discourse around masculine and feminine energy, discussing its impact on relationships and financial independence. They address how gender norms can influence perceptions of women's roles, sharing examples like Gabrielle Union and Dwyane Wade. The conversation emphasises the importance of embracing individual traits without conforming to traditional labels, empowering women to make confident choices in both careers and relationships.Watch the episode on Youtube hereFor more Friends That Invest:Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.InstagramTikTokTwitterFacebook Hosted on Acast. See acast.com/privacy for more information.

Sim and Sonya discuss a juicy money confession where a woman saved the money her cheating boyfriend gave her as revenge. They explore trust issues, women's intuition, and the ethics of keeping the money. The conversation delves into relationship dynamics and financial empowerment.

Join Sim and Maia as they dive into the mindset of charging customers in a service-based business, discussing guilt, imposter syndrome, and the importance of valuing your expertise. They share personal anecdotes and highlight the significance of market research and seeking advice from others to determine pricing.