Better Business, Better Life: Building on Your Success with Terry DuPont

TyJuan Garrett is an Indianapolis attorney. TyJuan is an advocate for those in the field of entrepreneurship. In his professional life, Tyjuan serves as an Attorney-Advisor with the U.S. Small Business Administration where he advises the agency in assisting small business owners become successful enterprises and help them navigate constantly evolving regulatory environments. TyJuan is dedicated to his community by serving as past member on the Board of Governors of the Indiana State Bar Association and the advisory board for the Truman State University School of Business. TyJuan is a graduate of Truman State University, Drake University School of Law, and the University of Denver Sturm College of Law.

Listen to this informative Better Business, Better Life episode with TyJuan Garrett about passion and career success.

Here is what to expect on this week’s show:

● TyJuan highlights the importance of integrating passion into one's career. By aligning your values with your work, you not only enjoy what you do but also find it easier to navigate challenges and stay motivated.

● TyJuan advises aspiring professionals to start early investments in their careers. Building a strong foundation and continuously investing in your skills and knowledge can set you up for long-term success.

● A recurring theme in TyJuan's advice is the emphasis on believing in oneself. Confidence in your capabilities, coupled with a strong belief in your business model, can help you weather the highs and lows that come with any career journey.

Connect with TyJuan:

LinkedIn: https://www.linkedin.com/in/tyjuan-garrett-8031718/

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Better Business, Better Life: Building on Your Success with Terry DuPont Episode 48 Seizing Opportunities: The Key to Industry Adaptability and Growth with Zachary Gordon

Zachary Gordon is the founder of Red Five Services. He is a CPA with over fifteen years of professional experience across multiple industries and functions. He serves as the fractional CFO, strategic and tax advisor for a portfolio of crypto, cannabis and tech companies.

Zach focuses on tax planning and optimization, financial modeling and advisory services, business structuring and transaction support. He has also advised clients in the real estate, healthcare, nonprofit, fintech, media and consumer goods sectors.

Listen to this informative Better Business, Better Life episode with Zachary Gordon about growth and change

Here is what to expect on this week’s show:

• Zachary's career trajectory was shaped by being in the right place at the right time, speaking to the right people, and showing interest in emerging industries.

• Zachary advocates for the integration of technologies like AI and automation in accounting to revolutionize processes. He emphasizes that there is potential for growth and innovation in the intersection of accounting and emerging technologies.

• Zachary discusses the value of mentorship in personal and professional development. Learning from experienced individuals can provide insights, guidance, and support in navigating challenges and making informed decisions in one's career.

Connect with Zachary:

Website: https://redfiveservices.com/

LinkedIn: https://www.linkedin.com/in/zacharygordon-cpa/

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Better Business, Better Life: Building on Your Success with Terry DuPont Episode 47 Impactful Service Leading to Collective Growth with Eric Neumann

As a fractional CFO at New Life CFO Services, Eric provides financial and accounting leadership tools and know-how to help businesses grow and thrive. With over 30 years of experience as a CFO and SVP in various industries, Eric has a proven track record of leading M&A transactions, restructuring debt, improving cash flow, and delivering reliable forecasts.

Listen to this informative Better Business, Better Life episode with Eric Neumann about service and growth.

Here is what to expect on this week’s show:

● Eric talks about his experience and the importance in unlocking hidden value in organizations.

● Eric explains that understanding a business’ numbers, balance sheets, and debt is crucial for startups to improve their financial health and prepare for growth.

● Eric discusses how lack of adequate forecasting can lead businesses into financial trouble, highlighting the importance of regular and insightful forecasting to navigate challenges.

● Eric explains the ability to tell compelling stories with numbers is a vital skill for CFOs to convey financial insights effectively, keep stakeholders informed, and engage key employees in the business's long-term vision.

Connect with Eric:

Website: https://newlifecfo.com/

LinkedIn: https://www.linkedin.com/in/neumanneric/

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Better Business, Better Life: Building on Your Success with Terry DuPont Episode 46 Faith-Driven Legal Collaboration for Client Success with Chris Nudo

Ever since earning his J.D. in 1993, Chris understood that being an attorney was about more than just memorizing facts, shuffling quickly from client to client, or winning cases at any cost. Instead, for Chris, the practice of law is about people. More specifically, it’s about faith in people and faith in God. Influenced by his Christian faith, Attorney Nudo endeavors to practice law in a Christ-honoring way that provides attention and care to each one of his clients.

Christopher S. Nudo’s primary areas of practice are wills, trusts, business succession, loan documentation, real estate transactions, and not-for-profit law and church ministry. Mr. Nudo also takes pride in assisting local ministries and charities with their legal needs, including biblical counseling and financial consulting based on biblical principles. He welcomes phone calls from all areas of legal and non-legal concerns and is open to help those in need when it is possible to do so. Chris strives to provide not only the best legal advice he can provide, but also faith-filled compassion and concern for his clients on a personal level.

Listen to this informative Better Business, Better Life episode with Chris Nudo about client relationships.

Here is what to expect on this week’s show:

● Chris highlighted how his Christian faith grounds his practice of law. By integrating his beliefs into his work, he can offer genuine and trustworthy legal advice while also caring for his clients on a personal level.

● Chris's perspective on success being measured in every moment of life resonates deeply. By focusing on the small victories and daily accomplishments, we can find fulfillment and purpose in our endeavors.

● Chris's biggest challenge of stepping back to allow his team members to shine is a testament to his commitment to their growth and empowerment. Fostering a supportive and nurturing culture within his firm enables his team to thrive and contribute to the collective success.

Connect with Chris:

Website: www.nudo.net

LinkedIn: https://www.linkedin.com/in/christophernudo/

FaceBook: https://www.facebook.com/chrisnudolaw

Instagram: https://www.instagram.com/chrisnudolaw/

YouTube: https://www.youtube.com/@chrisnudolaw

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Josh is a state tax specialist who has significant experience with delivering cost reduction opportunities in the areas of real and personal property tax reviews, compliance, and economic incentives.

He brings extensive experience in real and personal property tax appeal advocacy, real estate appraisal and testimony, economic incentive procurement and audits, property tax compliance planning and delivery, business combination property tax due diligence and research, fixed asset reviews and planning, property tax accrual reviews and planned value estimates, and Sarbox 404 property tax compliance control evaluation.

Josh is currently the President of JM Tax Advocates LLC, in Indianapolis, IN. Prior to that, he worked as an Executive and National Practice Leader with Crowe Horwath LLP.

Josh has taught at the Institute for Professionals in Taxation. He has been a speaker for the National Symposium regarding FAS 141 and Property Tax Consequences of Business Combinations as well as the National Business Institute of Indianapolis, IN regarding Indiana Property Tax Updates and is active in the Indiana Chamber in Indianapolis and the Indiana Manufacturers Association.

Josh holds a Bachelor of Science from Indiana University in Business Accounting.

Listen to this informative Better Business, Better Life episode with Josh Malancuk about lowering property taxes.

Here is what to expect on this week’s show:

● Josh explains, many businesses are unaware of the heavy burden of property tax and the potential for overpayment. Property tax is often one of the top tax burdens for capital intensive businesses. Not many practitioners know how to review and implement a strategy to lower it.

● Commercial property taxes can be significantly higher than residential property taxes, making property tax reduction strategies even more important for businesses - sometimes three times higher than homeowners due to factors such as the circuit breaker rate. Assessing the fair market value of commercial and industrial properties can be challenging; therefore, businesses can benefit from working with specialists who can review their property tax bills and implement strategies to lower them, potentially resulting in significant savings and improved profitability.

● According for Josh, negotiating incentive packages that offset a percentage of capital for manufacturers looking to grow is a game changer and can result in significant benefits. By conducting an extensive review and audit process, they are able to lower property tax bills by an average of 20%. Additionally, they offer assistance in navigating the complex world of incentives, helping businesses plan for expansion and negotiate maximum level incentives to offset growing pains and achieve long-term savings.

Connect with Josh:

Website: www.jmtaxadvocates.com

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Better Business, Better Life: Building on Your Success with Terry DuPont Episode 044 Navigating Mindset and Resources for Scaling with Allison Anna

Allison, a seasoned professional with a diverse background in sales, marketing, and data analytics, has worked for several prominent Fortune 500 and Fortune 100 companies. Over the years, she has developed a unique perspective on the topic of "strategies for scaling a business: mindset, marketing, and emotional intelligence". Allison believes that maintaining a positive mindset and high emotional intelligence are crucial for entrepreneurial success. She emphasizes the importance of utilizing resources like meditation, journaling, and counseling to navigate through difficult times. Moreover, she advocates for the incorporation of emotional intelligence into business practices, as it is a rapidly growing skill and is highly valued by newer generations. Allison's experiences, including overcoming her own mindset challenges and becoming a bestselling author and empathy expert, have shaped this perspective.

Listen to this informative Better Business, Better Life episode with Allison Anna about navigating mindset.

Here is what to expect on this week’s show:

Allison explains scaling a business can be daunting, but it's important to overcome challenges and maintain the right mindset.

Allison shares her insights on creating a strong marketing strategy for social media advertising.

Allison discusses the power and importance of emotional intelligence in business.

Connect with Allison:

Website: www.awakenedmarketing.com

Facebook: https://www.facebook.com/officialallisonanna/

Facebook: https://www.facebook.com/awakenedmarketing111/

Instagram: @awakened_marketing

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Better Business, Better Life: Building on Your Success with Terry DuPont Episode 43 Maximizing Business Value Through Strategic Exit Planning with Ray Croff

Ray is CEO and President of Mobius Financial Advisors. Before entering the Financial Services profession, he owned his own business with numerous employees, equipment, and real estate for over 15 years. Combining this invaluable experience with his financial knowledge and education makes him well suited to work with business owners and their families.

Listen to this informative Better Business, Better Life episode with Ray Croff about exit planning.

Here is what to expect on this week’s show:

● Ray discusses his exit planning tools; they focus on de-risking businesses to increase their value in the eyes of potential buyers.

● Ray discovered that only 20% of businesses actually sell when owners go to market, leading him to pursue certifications in exit planning. This low success rate highlights the challenges business owners face when preparing to exit, such as over-dependence on the owner and key personnel retention.

● Ray explains, one of the biggest challenges is getting business owners to understand the risks inherent to selling their business and the importance of preparing for a successful sale.

● Ray emphasizes the need to educate business owners about the process of selling their business to help them make informed decisions and avoid unexpected outcomes.

● Ray understands, business owners face a significant challenge due to the lack of advisors available to provide guidance and support in crucial decision-making processes. This lack of support can lead to detrimental outcomes, as many business owners may not be fully aware of the risks associated with their businesses or how to effectively plan for an exit strategy.

Connect with Ray:

Website: https://mobiusfa.com

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Better Business, Better Life: Building on Your Success with Terry DuPont Episode 042 The Power of Networking for Small Business Owners with Michael Reeder

Michael Reeder, CPA, is the Managing Partner at Reeder CPA Group. He specializes in helping small businesses and entrepreneurs with strategic tax planning, accounting, and business development. This includes guidance on entity setup, funding strategies, tax optimization, and financial projections. Michael is an active member of several esteemed national franchise networks, including the International Franchise Professionals Group (IFPG), FranServe, the Franchise Brokers Association (FBA), and The You Network. Michael holds a Bachelor of Science in Accounting from Northeastern Illinois University.

Listen to this informative Better Business, Better Life episode with Michael Reeder about small business networking.

Here is what to expect on this week’s show:

● Michael emphasizes the allure of small business ownership, highlighting the freedom and autonomy it offers compared to traditional employment. He emphasized that once you experience being your own boss, it's hard to go back to a corporate or non-entrepreneurial job.

● Michael stresses the importance of proactive financial planning and the burden on CPAs to come up with models that prioritize proactive measures over reactive ones. He emphasized the need for modern CPA practices that cater specifically to small and medium-sized businesses.

● Michael understands his success lies in his ability to collaborate with other professionals and leverage networking opportunities to stay updated on industry best practices. By surrounding himself with a team of advisors and compensating for his weaknesses, he ensures comprehensive financial solutions for his clients.

Connect with Michael:

Website: www.reedercpagroup.com

LinkedIn: https://www.linkedin.com/in/michael-reeder/

Facebook (Business): https://www.facebook.com/reedercpagroup/

Facebook (Personal): https://www.facebook.com/profile.php?id=100009327500878

Instagram: https://www.instagram.com/michaelireeder/

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Isaiah Fritz

– Better Business, Better Life: Building on Your Success with Terry DuPont Episode 041: Your Team is Your Greatest Asset with Isaiah Fritz

Isaiah is a 23-year-old founder of Online Selling Partner, a company partnering with major brands to control and grow their brand on Amazon and beyond! Located in Southern Indiana 7 miles north of Louisville KY.

Listen to this informative Better Business, Better Life episode with Isaiah Fritz

about online selling and working with your team.

Here is what to expect on this week’s show:

● Isaiah explains how and why he started his online company and how it helps his clients.

● Isaiah discusses that people can make or break or your business.

● Isaiah believes the key to success is enriching another’s life.

Connect with Isaiah:

https://www.linkedin.com/in/isaiah-fritz/

https://twitter.com/IsaiahFritzOSP

onlinesellingpartner.com

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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Jody Grunden

– Better Business, Better Life: Building on Your Success with Terry DuPont Episode 040 Success is A Journey, Not A Destination

Jody Grunden, Partner at Anders CPAs + Advisors, is an accounting visionary with over 20 years of experience. Jody co-founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations--making it the first fully distributed accounting firm in the country--and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. This merger brings numerous advantages to Anders, aligning with Jody's vision of changing the way people think about accounting. These include enhancing the "hybrid" work environment, establishing thought leadership in Virtual CFO Services, and adopting a progressive weekly subscription billing model. Summit Virtual CFO by Anders provides professional Virtual CFO Services to more than 100 companies across the United States, helping business owners dive deep into the financial side of their business to maximize profits, minimize taxes, and increase cash flow. Jody is also an industry speaker and a published author. He literally wrote the book on helping digital companies create a financial roadmap to success, Digital Dollars and Cents.

Listen to this informative Better Business, Better Life episode with Jody Grunden about success.

Here is what to expect on this week’s show:

● Jody explains how he and his wife started virtual CFO services back in 2004 and how he went completely virtual in 2013.

● Jody discusses how he and his wife’s goal is to change the way people think about accounting.

● Jody tells Terry his biggest challenge is undervaluing his services.

Connect with Jody:

Website: Summit Virtual CFO by Anders (summitcpa.net)

Facebook - https://www.facebook.com/vcfobyanders

Twitter - https://twitter.com/vcfobyanders, Jody Grunden (@jgrunden) / Twitter

TikTok - https://www.tiktok.com/@vcfobyanders

Instagram- https://www.instagram.com/vcfobyanders/

LinkedIn - https://www.linkedin.com/company/1258494/admin/, (43) Jody Grunden, CPA | LinkedIn

YouTube - https://www.youtube.com/@vcfobyanders

Connect with Terry:

Website: https://www.dupontadvisory.com/

LinkedIn: https://www.linkedin.com/in/terrydupont/

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