Build Your Wealth Muscle

By Patrick Darby

Growing sales & revenue for Online Health & Fitness Coaches can be a challenge...but converting that business success into wealth can be even harder. This podcast breaks down strategies for Bu... more

· Business

5

1919 ratings

Download on the App Store

Download on the App Store

Get it on Google Play

FAQs about Build Your Wealth Muscle:

How many episodes does Build Your Wealth Muscle have?

The podcast currently has 110 episodes available.

Build Your Wealth Muscle episodes:

June 29, 2022Episode 40: 3 Ways For Fitpros To Protect Their Income with David Tornaberne
In this episode, David Tornaberne teaches us 3 great strategies for entrepreneurs in the fitness industry to protect their income. See how he helps make his point with examples and stories while providing actionable steps.
Episode Highlights:
3 Ways to Protect your Income...we cover BOTH personal & business strategies

We discuss strategies to save money with Disability insurance

3 landmines to be aware of as an Online Fitness Entrepreneur

Red flags to look for when working with an insurance representative
Links:
https://thetornabenegroup.com

SSI fact sheet

Email David:[email protected]

David’s Office: 201-932-0100
Build your Financial Plan: My Financial Plan
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
1h 1min
June 22, 2022Episode 39: How Fitpros Make Quarterly Tax Payments
Do you need to make quarterly tax payments? In this episode, you will learn about how fitness professionals can easily calculate how to pay quarterly estimates. Learn these 4 things you need to know about making quarterly tax payments.
Episode Highlights:
Why do we pay quarterly taxes?

Who owes them?

How do the payments work?

How to pay with these with NO accountant!
Links:
https://www.irs.gov/payments/direct-pay

https://www.eftps.gov/eftps/direct/EftpsHome.page
Build your Financial Plan: My Financial Plan
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
44min
June 15, 2022Episode 38: Financial Planning for FitPros - Step 5: Optimizing Your Finances
Financial planning is one of the most important things you can do for your business. Here's how to save time, money and simplify your life by optimizing your finances. Let me help you with how the right financial decisions can make a huge difference in your life.
Episode Highlights:
The last phase of Financial Planning

Why financial planning "never ends"

What triggers cause you to adjust your financial plan
Links:
Build your Financial Plan: My Financial Plan
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
34min
June 08, 2022Episode 37: Financial Planning for FitPros - Step 4: Allocating Money & Tax Planning
I'll show you how to allocate your money & tax planning as a fitness professional. See how to best save for your retirement and also get all of your deductions in order!
Episode Highlights:
Why do we do personal finances first?

What types of money decisions do you need to bring to your Financial Planner?

The problem with non-business financial professionals

How to calculate the payments needed for a money goal
Links:
Build your Financial Plan: My Financial Plan
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
56min
June 01, 2022Episode 36: Financial Planning for FitPros - Step 3: Asset Protection & Risk Planning
Are you a fitness professional? Do you have concerns about protecting your hard-earned assets? If so, this episode is for you. Learn about the basics of risk planning and discover how to safeguard your business and personal finances. Tune in now to get started on protecting your future!
Episode Highlights:
What "not losing money" means OUTSIDE of investments

4 different types of risks to review

The least popular but arguably most important risk planning
Links:
Build your Financial Plan: My Financial Plan
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
48min
May 25, 2022Episode 35: Financial Planning for FitPros - Step 2: Analyzing Your Current Finances
In this episode, we're going to talk about financial planning and how it's crucial for your fitness business.
How to analyze your current financial situation

How to build your personal Balance Sheet & Net Worth statement

Why do we need a tax return to see all the income sources

How to Build a budget that incorporates your emergency fund
Links:
Build your Financial Plan: My Financial Plan
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
31min
May 18, 2022Episode 34: Financial Planning Step 1: Goal Setting
There are some very important steps to take before you can take control of your finances. In this episode, I'm going to show you the first step - goal setting. You'll learn how to set goals for yourself and what steps you need to take in order to accomplish those goals.
Episode Highlights:
Why the SMART goal process comes last!

The different durations of goals

An alternative way to look at goals that are rarely discussed by Wall Street
Links:
Build your Financial Plan: My Financial Plan
Follow me: https://www.instagram.com/thepatdarby
Map How Your Money Flows: Map My Money
...more
30min
May 11, 2022Episode 33: What is Financial Planning for Fitness Entrepreneurs
In this episode, I'm going to show you how to use financial planning for fitness entrepreneurs to help you grow your business. With this in-depth episode, I'll cover everything from getting started with a budget and creating a financial plan, to figuring out the best way to save on taxes.
What is Financial Planning?

Difference between Financial Planner vs Investment Advisors

the 5 steps of Financial Planning
Build your Financial Plan: My Financial Plan
Follow me: https://www.instagram.com/patdarbybiz/
Map How Your Money Flows: Map My Money
...more
50min
May 04, 2022Episode 32: 2 Ways to Save 10% Early Withdrawal Penalty
In this episode, I'll show you 2 ways to use money from your 401(k) without paying the 10% early withdrawal penalty.
2 Reasons why Wall Street won't teach you the full potential of your Retirement Accounts

2 Ways to Buy a Fitness Business with your Retirement Account

1 Reason Retirement Accounts pay tax, and how to reduce it

Stay tuned at the end for a special prize for listeners!
...more
34min
April 27, 2022Episode 31: What is Self-Directing Your Retirement Account
Episode Highlights:
What is Self-Directing Retirement Investments?

Why Wall Street does NOT want you to self-direct!

A shocking state about who is Self-Directing?

Why should you consider Self-Directing?
Links for the show:
Beast Your Money Bootcamp
...more
34min

FAQs about Build Your Wealth Muscle:

How many episodes does Build Your Wealth Muscle have?

The podcast currently has 110 episodes available.