In this episode, Rick teaches how to align all of your resources to produce the most value in the marketplace and achieve more success. We believe that individuals and organizations need to learn how to partner, outsource, and leverage resources, so that they can do more with less. The “New Profit Paradigm™” replaces the old mentality of first spending money in your business, and then waiting for revenue and potential profit to come later. It focuses on an equation with the four P’s: Purpose, Profit, People, and Planet, on the left side of the equation, and increasing recurring revenue, lowering fixed expenses, and creating variable expenses on the right side.

Here’s the truth: Personal finance isn’t just about the math. Your words, thoughts, emotions, relationships, and past history affect your relationship with money. In this episode, Teresa sits down with Christine Luken, known as “The Financial Lifeguard.” If you're ready for a change, it's time to feel empowered and learn the strategies to confidently make money decisions. As the Financial Lifeguard, Christine shows you how to manage the emotional side of money and guide you to a place of certainty with your finances. If you aren’t where you need to be, you need to hear Christine’s message. You can learn more about her 5-step process here: https://www.christineluken.com/.

We all have financial regrets. Things we bought, bills we paid late, decisions we didn’t research. But people have NO idea how bad they are at investing. Over time their results far underestimate their actual returns. It is imperative for you to learn to manage the behavioral impulses of emotional buying and selling that can come from following the market's ups and downs. It’s seems to be human nature to fall victim to media hype or fear, causing us to buy investments at peaks and sell during the valleys of the cycle. We have to break this pattern, and always buy low and sell high! Investing without emotion is easier said than done, but Rick and Teresa recommend using the Barbell Investment Strategy and invest using fixed interest-paying, mutually--owned insurance policies. Be sure to maximize all your retirement accounts and invest those funds conservatively as well.

We all need to develop skills to overcome any and all obstacles- no matter how big they are. Every one of us has the potential to improve from our current circumstances, and achieve more. Start by being grateful for everything you have in your life, both good and bad (since the bad things can often be lessons to learn from). Develop a practice around being present to your life as it is right now, without regard to mistakes or circumstances in your past. Embrace life and live full out and positively.

In this episode, Teresa and Rick talk about the ten MAJOR decisions people make in life, and how to view those as a punch card. Think about the top ten decisions one makes over the course of their life, and the consequence of when we choose poorly. Important decisions like: Who you have a child with? What career educational track you choose? What career did you choose? Where you live? Who you marry? All of these are life-alterning decisions and we often don't take them that seriously. We must realize early that the decisions we make now can cause a lifetime of fulfillment, or a lifetime of disappointment. Make a plan for your life and focus on making big decisions that not only align with your plan, but cause a chain reaction for the smaller decisions to reach your goals.

It is important to be willing to fail in life. The more you fail, the more the odds are of you being successful and fulfilled. In this episode, Rick and Teresa talk about the feeling of accomplishment, and how you should always play life on the field, not in the stands. Too many people are just sitting back, waiting for life to happen to them, rather than having a learner’s mind or being open to learning new information. Don’t let life pass you by- get on the field!

The goal of any life should be to live a well-lived and fullfilling life, such that, when one looks back, they see many accomplishments in accordance with a pre-established set of consistent values. This type of life leaves a legacy for all to see. In this episode, Rick and Teresa discuss how chasing happiness is too short term. What you really want is fulfillment, NOT happiness. You want a long-term focus in your life. When you have this long-term focus, it brings more fullfillment, which is not the same as short-term happiness. A fullfilling life is a consistent life, and a less chaotic life. And...in the end of your life, you are fully spent when you die.

Do you belive that you will be more fulfilled in life if you create and generate, or do you think it's better to consume news, screens, Netflix, books, etc. One has you on the field of batttle in life, and the other has you watching life from the bleecher seats. You need to decide what you want.

We have three MASSIVE institutions governing our lives and teaching us and our families how to think and what to think. The big idea is that "Self Governance" if the most effective way to live. We all know that Bigger is not always Better. In this episode, Rick and Teresa talk about why we need to seek independent sources of information and not always trust big media that is blasting its way into our homes and lives. These big entities exist to sustain themselves. Be very careful who you trust. Get your information from your own perspectives. Take total and complete responsibility for who and what enters into your homes, your businesses, and into your ears. Teach this to your family. Take the time to plan how you will cut the non-values-aligned crap out of your life.