Farming Assets

In today's episode, Robert goes through the process of answering the question, "What is Farming Assets?". He uses the analogy of farming to help explain what we go through as business owners and how to grow your asset(s) in a process similar to farming.

With everything created, there is a balance that allows for proper structuring and organizing. Our assets can be planned accordingly.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

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https://missionmatters.com/author/robert-wolf/

In today's episode, Bob walks through the various assets we commonly look at to try and help grow our wealth.

He goes back to the fundamentals and defines what an asset is, what the 3 stages of an asset are, and how the IRS views those assets.

Bob breaks down to the very basic list of assets and shares with the listener what the #1 asset is and how to nurture that asset.

By focusing on nurturing and building that #1 asset, a business owner can positively affect not just his/her wealth but everything around it.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

Today's episode is with a friend, Mike Silverman, who is in the franchise industry. We discuss what place franchising has in a Farming Asset portfolio.

We discuss how to look into what information you should be aware of and think about during a due diligence process.

Mike Silverman started in the business world during his junior year in college when he bought his first franchise, Complete Nutrition. From that moment, he fell in love with everything business-related. He's been very fortunate to be able to own multiple businesses over the years, both franchises and independent start-ups.

At this phase in his life, he gets tremendous fulfillment from helping others find their passion for business ownership. Mike is involved with multiple mastermind groups, mentor new entrepreneurs, and through Franchise SideKick, help investors find franchises that fit their income and lifestyle goals.

Mike's role at Franchise SideKick allows him to connect with other like-minded investors/business owners and lend some insider expertise to help them find the right franchise for them. With him buying, selling, and running franchises for 10+ years, he loves to help clients find opportunities but also avoid common pitfalls they might not be aware of.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

Today we are talking about the psychological term Implementation Intentions and how we as business owners need to plan for the unknown by looking back at historical events that occurred and had an effect on not just our society but our personal economics.

The idea of staying ready instead of having to get ready was a powerful lesson for me when I heard this a few years ago when on a retreat.

This episode is the essence of our planning model.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

Today we are discussing the mindset of a business owner. Looking at pre-2020 and now where we are at today, what and how should a business owner approach the next steps in scaling their business?
 
Brian is a Board-certified executive, leadership and business coach, corporate and nonprofit consultant, expert speaker and panelist, and award-winning international best-selling author.
 
Brian established his private practice in 2004. His firm is headquartered in Los Angeles with clients worldwide representing more than 50 business sectors in 10 countries on 5 continents.
 
For three decades as a consultant and nearly 20 years as an executive coach, Brian has guided individual clients and organizations to embody exceptional leadership standards while assisting them to achieve greater measurable outcomes, improve their lives and the lives of others, and inspire humanity to be, do and live better.
 
To learn more about Brian Evans and APEX Executive SOLUTIONS, please visit:
www.BrianEvansCoach.com
www.ApexExec.net

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

This week's episode discusses the idea of battling inflation by starting your own business or an additional business and the options for funding available.

Robert interviews Shirley Kefgen the Director of Business Development with FranFund, Inc.

Listen to the options available in this very informative episode of Farming Assets.

Shirley is an expert when it comes to funding options for purchasing a franchise using either the traditional SBA lending or establishing funding using retirement plan funds.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

As a business owner, you are a leader not just at home but in your business as well as your community.  If we want to see change, you and I, as business owners, need to be that change.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

Today's episode I review the newly passed Inflation Reduction Act to see where in this act it will benefit you and I as business owners.

I go over the parts that may pertain to you and I can try to translate into our talk of the effects we may see.

The biggest farce is trying to get us to believe that by spending more taxpayers money, which part of it is to increase taxes (government revenue), we are supposed to be grateful and thankful.

That's not how inflation works or how we work.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

In this week's episode, Host Bob Wolf discussed Inflation today. He also talked about the areas affected and what some "experts" suggest in dealing with the rising costs.

At the end of the episode, Bob reveals the true strategy to handle Inflation today and into the future.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/

In this episode, Host Robert "Bob" Wolf goes over the history of inflation from 1914 to today. He defines what inflation is, what CPI and PCE stand for and reviews various resources that give us historical data.

"It's difficult to make a decision today when we don't know why or how to deal with inflation when most of us haven't experienced it and those that have were 40 years younger," said Bob.

Bob also shared that the next episode will cover inflation today, the effects on our assets, and our options.

To learn more, visit:
https://terrafirmaconsultantsllc.com/

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/robert-wolf/