Sylvia Inks is financial coach, presenter and author, specializing in helping small business owners save time, money, and reduce stress in running their businesses. Sylvia leverages her ten years of experience working with one of the world’s largest consulting firms and Fortune 500 organizations in financial services, insurance, healthcare, and technology, to now helping entrepreneurs improve processes, performance, and profitability. She holds a bachelor’s degree in business administration from the University of North Carolina at Chapel Hill.

 

[00:01 – 12:00] Opening Segment

Get to know Sylvia Inks

Expensive Financial Mistakes Investors Make

Co-mingling business and personal money

No emergency funds

Having a separate bank account for taxes

Doing everything yourself

 

[12:01 – 18:30] Successful Virtual Assistants

Sylvia shares the roles of her virtual assistants

How to Maximize Your Virtual Assistants

Finding Success with Virtual Assistants

 

[18:31 – 27:34] Systems for Investors 

Have a scheduling tool

Make sure to get an invoice and accounting tool

FreshBooks

Don’t rely on local storage, invest on a cloud system

 

[27:35 - 31:56] Closing Segment

Quick break for our sponsors

The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com

What is the best investment you've ever made other than your education?

Employee stock purchase plan

Sylvia’s worst investment

A condo in Chicago

What is the most important lesson you’ve learned in business and investing?

“Figuring out how you can quickly just earn the ROI."

Connect with Sylvia Inks through smallbusinessfinancebook.com, LinkedIn, and Twitter.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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Tweetable Quotes:

“Have a separate bank from your personal bank account.” – Sylvia Inks

"If you have good people in your team and it just happens to be one task that's just the bane of their existence, you figure out a way to make that work." – Sylvia Inks