Firepreneurs

On this episode of the Firepreneurs Podcast, we continue on in our Financial Wellness Series unpacking the 5 common mistakes that Firefighters make when planning for retirement. We are on #2, which is "Buying Too Much House" 

Our guest experts Chris Bauchle and Greg Freeman with Trust Wealth are back to break this down for us and insert some advice on how to avoid this pitfall. 

Enjoy!

On this episode of the Firepreneurs Podcast, we are continuing on with our Financial Wellness Series with Greg Freeman and Chris Bauchle of Trust Wealth where we are unpacking the 5 Common Mistakes that firefighters make when planning for retirement. 

Mistake #1: Lacking Tax Diversification

If you ask the average firefighter family what their greatest expense is, they would say it's their mortgage or their children's tuition - but both are likely wrong. Taxes are the #1 expense for more firefighter families. 

Listen in to learn more and we'll release the next four over the next four weeks. 

Enjoy!

Today we are excited to bring back our guest experts Greg Freeman and Chris Bauchle to get started in our Financial Wellness Series. Today's episode will unpack some easy wins to get started on the ladder to financial planning. Bennett, Greg, and Chris cover topics from starting an emergency fund, the importance of life insurance, the benefit of starting your savings early (how to have your money earn you a Million Dollars), the benefit of consistently saving, and how to live within your financial means. This episode gives a road map for Firepreneurs and young professionals to give them a good starting position as they save for retirement. After this episode, we will take the 5 Common Mistakes one at a time and take a deeper dive.

Be sure to like, share, and subscribe as we continue our education in Financial Wellness!

We are excited to bring another series to the Firepreneurs Podcast, this time under the category of Financial Wellness. In this episode, Bennett brings on guest experts Greg Freeman and Chris Bauchle to talk about what the series will entail, as well as their background in retirement planning, financial wellness and their motivation for wanting to help others attain the knowledge to be prepared in retirement and in life. 

Greg Freeman is President & CEO of TrustWealth Strategies. Greg has been focused on wealth management and financial planning for the entirety of his career. Before establishing TrustWealth, Greg spent 10 years of his career as a Partner and wealth advisor with WestPoint Financial Group where he built a successful financial planning practice and became a perennial Blue-Chip and Top of Council producer for MassMutual. Greg was named “Advisor of the Year” with WestPoint Financial in 2014 and remained amongst the top quintile of financial advisors nationwide. Greg comes to the Firepreneurs audience with a Firepreneur father who spent over 30 years in the fire service and ran a business on his days off. His younger brother is carrying on the tradition as well and is also a firefighter at IFD and planning to take over the family business. 

Chris Bauchle is a financial planner with Trust Wealth Strategies. He holds a Master’s of Science in Financial Services with a concentration in Retirement Planning. Chris is dedicated to helping clients build wealth by saving more, spending less, improving investment returns, and avoiding hardship through asset protection. He has completed the Retirement Income Certified Professional designation and has a knack for simplifying complex strategies for those who seek financial independence and the ability to retire early.

The underpinnings of Chris’ desire to serve others began in 2006 as an Air Force firefighter. He specializes in financial planning for public safety professionals, military members, and others with access to a pension. His experience also includes veteran’s benefits, income tax optimization, and rental real estate. In his off time, Chris volunteers with the non-profit group Firefighters On A Mission and enjoys competing in triathlons, reading, and spending time with his wife and daughter.

This episode of the Firepreneurs Podcast comes from one of Bennett's Wednesday Morning Mentorship messages that he records at Fire Dawgs Junk Removal HQ and distributes to all the locations each week. The subject of this message was how leading with "bad breath" or negativity will impact your ability to lead, build future leaders and ultimately lead to you being an ineffective leader. We hope you enjoy this message. 

Look for future Wednesday Morning Mentorship messages labeled with "WMM" at the front of the episode in the future. 

Let's Get IT! 

On this episode of the Firepreneurs Podcast, we pull a clip from the recently completed Fire Dawgs Academy put on at Fire Dawgs Junk Removal in Indianapolis. This session was on the subject of breaking the habit of negative thinking, negative energy and being aware about your energy in front of the team so that some of those negatives don’t become contagious and create morale issues. 

Here are two videos that were played in the session and inspired pieces of Bennett’s session with the team: 

https://www.youtube.com/watch?v=IJrcJUV8d20

Tony Robbins: How to Break your Negative Thinking

https://www.youtube.com/watch?v=5lCeWtXPKko

Trevor Moawad: How to Control your Negative Thoughts

This week on the Firepreneurs podcast, we have Elena Ledoux. Elena is the Co-Founder of Superb Maids, Chief Operating Officer of Boss Security Screens and Business Coach at Conquer. She successfully started and scaled these companies after first completing 11 years as a Litigation Attorney for Insurance Defense. This episode is filled with an Amazing Story, as well as humor and simple truths. You will no doubt enjoy this episode!

We are excited to bring back Kedma Ough to the Podcast. She joined us early in the Podcast’s history during our Beginning with the End in Mind Series where Kedma discussed funding your startup. Now, we interview Kedma the Entrepreneur.

Kedma has over three decades of experience as an entrepreneur, as a business coach, is an international Author, a negotiation expert and a funding expert. She is also always on the move and begins filming on a TV show in April called America’s Real Deal. Enjoy!

This week on the Firepreneurs Podcast,  Bennett talks to Firepreneur Anne Montgomery. Anne was a firefighter for 8 years in Hillsborough County Fire Department in Tampa where she attained the rank of Lieutenant. During that time, alongside her husband Jonathan, they formed First In Nutrition. As you’ll learn after listening to this episode, Anne is a Get IT Done type of individual, so she added a complementary business to First In Nutrition called Fully Involved Training. Anne shares her experiences overcoming adversity, pushing through challenges on the job and the challenges of being an Entrepreneur. Enjoy!

Welcome to Firepreneurs 101 - A series of short episodes to help you better understand your numbers and speak the language of business. Starting from the top of the Profit and Loss Statement all the way to the bottom line, we will unpack what the categories mean, how to use them as tools when running your business and how to ensure that your business turns a profit. 

In this episode we discuss "What is Net Profit?"