Live Life Rich

Today, we're talking about making smart financial decisions. Let's plan your financial future.

Our journey today includes multi-generational caregiving and tax-free investing. A life review can show us if our current plan is working or if we need to make changes. Let's prepare for the future of our loved ones.

Lastly, we dive into insurance contracts. We'll answer key questions and explain what happens if you stop paying or withdraw money. Financial planning is like cooking a well-planned meal, and we're here to guide you through it. Let's prepare to live life rich!

In this episode, you will hear:

• The parallels between physical and financial self-defense

• Investment Options for Life Insurance

• Understanding Different Insurance Illustration Rates

• Life Insurance for Single Individuals

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Are you prepared for life's inevitable curveballs?

This episode of Live Life Rich the topic head-on - creating a robust life, leadership, and legacy plan. Women are living longer, and it's crucial to have a plan that matches this longevity.

Have you ever considered the cost of death and how to prepare for it? Listen as Marissa explores funeral planning and insurance. Life insurance isn't just about death; it's about understanding the difference between temporary and permanent needs and how hybrid policies can provide long-term care benefits.

Ownership and legacy planning are the building blocks of preparing for unexpected life events. Who will be in control when unpredictability strikes? Marissa covers what can happen when you don't have the right plan in place and how it could lead to surrendering policies and loss of death benefits.

Join us as we navigate this complex topic and equip you with the right tools and mindset to face life's uncertainties.

In this episode, you will hear:

• Having a practical strategy for life, leadership, and legacy planning, and the necessity of planning for women due to increased life expectancy

• Funeral planning and the value of life insurance, including term insurance, permanent insurance, disability insurance, and long-term care policies

• Understanding the difference between temporary and permanent needs and the benefits of a hybrid policy

• Why you need to have the right conversations around legacy planning, ownership, and how life insurance can protect one's legacy

• Some key questions to ask when considering life insurance: what are the needs, what type of policy is best, what are the costs, who should be involved in the decision, and how can coverage be maximized?

• Knowing who will have control if something unexpected happens, with a focus on how life insurance can be a valuable tool in protecting your legacy

• Preparing for the future, having plans in place, and Marissa's advice on how to prepare for the costs associated with death

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Ready to revolutionize the way you form partnerships and collaborations?

Marissa is diving headfirst into a deep discussion on the three critical phases of business - startup, scale-up, and exit strategy - and providing you with essential insights and traits to look out for when selecting your copilots for this journey.

This episode of Live Life Rich is packed with insights on identifying a potential partner's work ethic. Marissa also shares a roadmap for creating a Freedom Plan to help propel individuals and entrepreneurs toward their dreams.

Finally, she equips you with ten vital questions that can make or break a business partnership. These questions focus on conflict resolution, roles, goals, expectations, timelines, deadlines, and valuing contributions - aspects that can be the difference between success and failure in a partnership.

Marissa wraps up the episode with a detailed discussion on the question of who gets what, when, and how, helping you understand how payments are made and received.

Buckle up for this unmissable episode if you're geared up about growing your business and building successful partnerships!

In this episode, you will hear:

• Selecting the right people for business collaborations and focusing on three phases of business - startup, scale-up, and exit strategy

• Going beyond the norm in identifying a potential partner's work ethic and the importance of going the extra mile

• Three essential phases of business - startup, scaling, and optimization

• A roadmap for creating a Freedom Plan to help individuals and entrepreneurs toward their dreams

• Ten vital questions to ask before entering into a business partnership, focusing on conflict resolution, roles, goals, expectations, timelines, deadlines, and valuing contributions

• Having a plan in place for difficult decisions and a process for handling conflicts

• The question of who gets what, when, and how in a business partnership

• Asking all the tough questions upfront in a business partnership to ensure everyone is on the same page

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

A sense of familiarity and comfort comes from sharing ideas with a dear friend, and that's what you're about to experience.

On this episode of Live Life Rich, Marissa's conversation with Calli Thorne, a seasoned keynote speaker, global leadership trainer, mindset coach, and multi-business entrepreneur, radiates warmth and wisdom as they navigate the world of family businesses, particularly in agriculture.

Marissa and Calli explore the very fabric of their personal and professional lives: communication. Calli shares practical strategies for gaining clarity, and the significant role mindset plays in operating our lives and businesses.

The power of recognizing even our smallest wins can be transformative, and Calli reminds us of that. She shares her knowledge of generational blessings and leadership and the beauty of creating an environment that accentuates our triumphs.

Join us in this enriching discussion to learn, grow, and find inspiration from Calli's journey and the valuable lessons it holds.

In this episode, you will hear:

• Calli Thorne, a keynote speaker, global leadership trainer, mindset coach, and multi-business entrepreneur, and her journey from being a part of her family's farm to expanding into multiple enterprises

• The role of communication in both personal and professional relationships, and the concept of leading 360 degrees - leading our lives for ourselves, family, business, and community

• How to find clarity in life and business, how distractions can make it hard to find the right path, and the value of a positive mindset

• Some practical strategies for gaining clarity, shifting mindsets to view risks as opportunities, and setting aside time to reflect and ask the right questions

• Celebrating small victories and how creating an environment that accentuates success can be transformative

• Calli Thorne's knowledge of generational blessings and leadership and how making decisions today can bless families across generations

• The gap and the gain mindset, and why you should focus on achievements rather than what hasn't been achieved

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

Sign up for Calli Thorne's webinar: www.callithorne.com/webinar

Calli's website: www.callithorne.com

Sign up for her online course: https://callithorne.com/fydi

Email Calli Thornel: [email protected]

Connect with Calli on Instagram: https://www.instagram.com/callithorne

Pioneering Legacy: www.facebook.com/PioneeringLegacy

Triangle M Ranch & Feedlot: www.facebook.com/TriangleMRanchAndFeedlot

Connect with Calli on Linkedin: www.linkedin.com/in/callithorne

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

When a category three hurricane knocked at Marissa's door, it wasn't just the shutters that needed battening down. My mindset required a complete shift, a laser-like focus that Bruce Lee would be proud of.

In this episode of Live Life Rich, Marissa explores how our attitudes and preparation tools can morph our perception of fear and the biggest challenges we encounter in life.

Marissa shares her experience at the Maxwell Leadership Conference and highlights how crucial learning from others can be for personal growth. She also discusses the immense importance of creating an accountability team and how this can propel us toward our passions and purpose.

Finally, Marissa shares how a vision board has kept her focused and uses mantras to maintain positivity.

This episode is a heart-to-heart on the mindsets and shifts necessary to navigate life's storms.

In this episode, you will hear:

• The mindset shift needed to face life's challenges, like a category three hurricane

• The value of preparation in navigating through both literal and metaphorical storms

• Having an accountability team for personal growth

• Some practical tools for personal growth, including positive affirmations, setting intentions, and creating a vision board

• Some examples of Marissa's personal experiences, such as attending the Maxwell Leadership Conference and dealing with a hurricane, illustrate life lessons

• The role of mindset and focus in overcoming challenges and achieving success

• Why self-care and carving out time for personal rejuvenation matters

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Marissa is spilling the beans on crafting a stellar team, and you're getting a front-row seat to the importance of defining roles, aligning goals, and setting expectations for individual team members.

In this episode of Live Life Rich, drawing on the lessons learned from Marissa's 30 years in financial services, we'll explore the five core values that are a non-negotiable part of our success - integrity, service, team, innovation, and hope.

You'll see why clear instructions and expectations are important, but equally crucial is encouraging your team to take initiative and embrace tools to keep your team on the right path and enhance communication.

As leaders, fostering out-of-the-box thinking and diversifying our circle with thinkers who challenge our beliefs is essential. Marissa wraps up the episode by discussing the strategic importance of a 90-day success roadmap to achieve your business goals.

In this episode, you will hear:

• The importance of defining roles, aligning goals, and setting expectations within a team for successful empire-building

• Five core values essential for success - integrity, service, team, innovation, and hope

• Building effective leadership and empowering teams, and the importance of clear instructions, taking initiative, and utilizing tools for enhanced communication

• Ellen's story, whose out-of-the-box thinking altered the trajectory of the business 25 years ago

• The necessity of diversifying one's circle with thinkers who challenge beliefs and foster innovation

• The strategic value of a 90-day success roadmap for achieving business goals

• The use of practical strategies like the DISC personality test to ensure team members are suited to their roles and communicate effectively

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Today, prepare to be swept off your feet as Marissa takes you on a journey across Ireland, engaging with some extraordinary business leaders who have unlocked the secrets of success.

In today's episode of Life Life Rich, Marissa shares insights from her conversations with the remarkable Joanne Hession, founder and CEO of LiFT Ireland, John C. Maxwell, a renowned authority in leadership, and Birgitta, owner of the widely acclaimed Burren Smokehouse. They share their journeys, imparting valuable lessons about ambition, determination, and the undeniable fact that success doesn't come with shortcuts.

Marissa will guide you through understanding your mission, vision, and values and ensuring each team member resonates with them.

This episode will empower you with the tools you need to build your own empire and overcome challenges.

In this episode, you will hear:

• Journey across Ireland, meeting inspiring business leaders like Joanne Hession, John C. Maxwell, and Birgitta to uncover the secrets of building a prosperous empire
• Marissa's reflections on making a difference in the world after watching the movie Sound of Freedom and encouraging listeners to channel their skills and wealth into causes they care about
• The essentials of building a successful team, with an emphasis on aligning each member with the ultimate goal of the business
• Practical tips on forming a strong financial team and setting clear roles, goals, and schedules for effective business operation
• Inspiring stories from the Entrepreneurs Academy that highlight the power of community in helping individuals realize their dreams and build robust businesses
• The importance of having experienced individuals on your team who can help guide you to avoid pitfalls, and the role of mentors in empire building
• Self-investment and knowing your mission to build a successful empire, and focusing on finding the right team members who can contribute to that mission

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Gather around all you aspiring networkers and relationship builders for an episode that might change your professional journey!

Ever wondered what it takes to conquer the networking world? The secret is courage and stepping out of your comfort zone, as Marissa learned while navigating her mastermind group.

In this episode of Live Life Rich, Marissa will share tried-and-tested strategies for preparing for networking events: everything from setting the mood with the right music to mastering the art of asking thought-provoking questions.

Here, we thrive, not just survive, and Marissa will share her six-step approach to growing your business by forming meaningful connections. Remember, celebrating another's success doesn't dampen yours.

In this episode, you will hear:

• The power of networking and how it can elevate both personal life and business

• Personal stories from Marissa showcasing the courage needed to step out of your comfort zone for networking

• Building meaningful relationships beyond just social media and events

• The immense value of being in the right networking environment - one that challenges and inspires

• Marissa's six-step guide to growing business and building meaningful connections through networking

• The inspiring work of Tammy White, who started a nonprofit to support children with essential supplies

• Why we need to support and lift each other toward success, whether you're an extrovert or an introvert

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Marissa guarantees by the time you're finished listening to this episode, you'll not only recognize your unique abilities but also find innovative ways to put them to work.

In this episode of Live Life Rich, Marissa shares the stories of everyday heroes like Mike and Lexi, who are using their one-of-a-kind skills to build a life of fulfillment and extra income. And if you've ever entertained the idea of starting a side hustle or if you're curious about maximizing what you already have, then this is the episode for you.

Finally, Marissa pivots to examine family businesses and how collective talents can be put to the best use. She also includes life lessons from industry titans like John D. Rockefeller and how leadership skills, understanding market needs, and instilling core values can pave the way for growth.

Let's join forces to transform our gifts and talents into growth opportunities, shall we?

In this episode, you will hear:

• The power of skills and talents and how you can utilize them to create value and memorable experiences

• Inspiring stories of everyday heroes, Mike and Lexi, who leveraged their unique skills to create additional income and fulfillment

• The potential of side hustles and how to maximize existing resources

• The power of family businesses and how collective talents can drive success

• Some real-life examples of success stories, such as David and his family turning their unique abilities into a thriving business

• Key lessons from industry titans like John D. Rockefeller on leadership skills, understanding market needs, and core values

• Why you should transform your gifts and talents into growth opportunities

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

Marissa's recent travel adventure with her daughter had its fair share of unexpected twists and turns. It reminded her of the importance of recognizing and leveraging our unique skills in the face of challenges.

Today's episode of Live Life Rich discusses the power of assessments, the art of utilizing our gifts, and the joy of celebrating our victories.

Marissa chats with Kent, a seasoned business owner and dear friend, about his entrepreneurship journey to the significance of setting goals and expectations in business. Guided by his passion for serving and loving kids, Kent shares how he harnessed his unique talents for success.

Tune in, celebrate your accomplishments, and let's embark on a journey of self-discovery and success where you'll find that recognizing and celebrating your strengths is not just a path to win—it's a path to a richer life.

In this episode, you will hear:

• The importance of recognizing and leveraging unique skills in the face of challenges
• Kent's journey of harnessing his unique talents for success and his passion for serving and loving kids
• The importance of assessments, setting goals and expectations in business, and developing your gifts and talents
• Emphasizing the significance of acknowledging achievements and using personal skills for growth
• Marissa's journey with her daughter and why you should take time to appreciate moments and celebrate victories
• Recognizing and capitalizing on personal accomplishments can drive you toward your goals and contribute to a richer life
• Why having people on your journey to success and always taking time to appreciate and celebrate wins is crucial

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

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

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

Get my "15 Ways to Create Cash in Your Business" download: https://15stepstofreedom.com

Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.