Hero Of The Hour

39 | Murray Miller | Harnessing the Power of Recurring Income Streams


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In today's episode of The Hero of the Hour Podcast, Mark chats with Murray Miller, financial strategist, educator and entrepreneur and the founder of The Family Business Podcast. He is also an author, speaker and business coach. Murray believes that, 'a recurring income is the lifeblood of a freedom lifestyle.' He understands the nuances of balancing a well-timed business venture and implementing a strategic wealth plan along with his client's endeavors in a manner that breathes life into each. He has developed and implemented a proven system for individuals serious about developing a recurring income stream alongside a tax advantaged residual wealth strategy that effectively builds financial walls around his clients and their families.

During the episode, Murray outlines his definition of a hero, specifically, someone who is willing to do the right thing, even when it's not in their own best interests.

They talk about selling businesses, and identifying the right time to sell, and the right partners to sell to, factors which must always be considered carefully.

Murray also offers some thoughts on his background, growing up with a single parent and being forced to work two jobs to pay his way through college, which guided him to help others put their kids through college.

Join Mark and Murray for this fascinating discussion!

Enjoy!

What You’ll Learn in this Show:

  • The eight major sources of residual income.
  • The future of The Family Business podcast and how it will evolve.
  • How Murray coaches people to get back on the saddle after a loss.
  • And so much more...

Resources:

Murray Miller LinkedIn

The Family Business

The Family Business podcast

Northeast Private Client Group

Mark B. Murphy Linkedin

Mark B. Murphy website

Northeast Private Client Group Youtube Channel


Books:

Get Mark's Book Here: The Ultimate Investment: A Roadmap To Grow Your Business and Build Multigenerational Wealth

Extraordinary Wealth: The Guide To Financial Freedom & An Amazing Life

The Win-Win Outcome; The Deal Maker's Guide to Buying and Selling Dental Practices


This podcast is intended for general public use and is for educational purposes only. By providing this content, Park Avenue Securities LLC is not undertaking to provide any recommendations or investment advice regarding any specific account type, service, investment strategy or product to any specific individual or situation, or to otherwise act in any fiduciary or other capacity. Please contact a financial professional for guidance and information that is specific to your individual situation. Securities products and advisory services offered through Park Avenue Securities LLC (PAS), member FINRA,SIPC. OSJ: 200 Broadhollow Rd, Ste 405, Melville, NY 11747, ph# 631.589.5400. PAS is a wholly owned subsidiary of The Guardian Life Insurance Company of America® (Guardian), New York, NY. Northeast Private Client Group is not an affiliate or subsidiary of PAS or Guardian. 2021-164803, Exp. 11/25

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Hero Of The HourBy Mark B. Murphy

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