The Wealthy Entrepreneur

Today, our host, Bob Gauvreau sits down with our guest, Jack Newton, CEO and founder of Clio. Jack shares his journey from building computers as a teenager to leading Clio, which now serves over 150,000 legal professionals globally with its cloud-based, client-centered technology.

Jack discusses the challenges and successes of transitioning legal practices to the cloud and the importance of a strong organizational culture. He highlights the need for continuous personal development to match the demands of a rapidly growing company. These insights are invaluable for business owners looking to scale their operations while maintaining a high-performance culture.

Bob also explores Clio Con, the annual event Jack created for the legal industry's most innovative minds. Jack emphasizes the importance of developing a unique brand and staying true to one’s identity for professional success. Whether you are an aspiring lawyer or an experienced entrepreneur, Jack’s expertise in leadership, culture, and innovation offers valuable guidance.

Tune in to gain insights from one of the leading figures in legal technology and learn how to apply these lessons to your own business.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 01:48 Building a Legal Tech Powerhouse With Clio Ceo Jack Newton
• 03:41 Entrepreneurial Journey and Creation of Clio, a Cloud-based Practice Management System
• 10:53 Startup Success, Customer Development, and Technology Infrastructure
• 13:45 Building a Successful Law Practice Management Platform, Emphasizing Culture and Employee Development
• 21:18 Leadership Challenges and Growth Strategies for a Tech Company
• 24:17 Scaling Company Culture and Values as the Organization Grows
• 30:10 Scaling Organizations, Prioritization, and Decision-making
• 35:47 Leadership, Decision-making, and Communication in a Large Company
• 40:59 Leadership Growth and Development for a Hyper-growth Organization
• 46:48 Transforming Legal Services Through Client-centered Approach
• 51:49 Legal Innovation, Leadership, and Branding With Clio Ceo Jack Newton

About the Guest:
Jack Newton is the CEO and Founder of Clio, the leader in cloud-based legal technology. An experienced business leader, software developer, and entrepreneur, Jack provides the strategic vision that has made Clio a global leader in legal technology.

Connect with Jack:

• LinkedIn: https://ca.linkedin.com/in/jackbnewton

Resources:

• Exclusive promo code for 2024 Clio Cloud Conference passess: www.eventbrite.ca/e/715586407207/?discount=WEALTHYENTREPRENEUR

Code is: "WEALTHYENTREPRENEUR" Valid until: August 1st

• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

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In this episode, host Bob Gauvreau talks with Ryan Deiss about the crucial role of passion in business. Ryan explains why entrepreneurs should focus on their customers' needs instead of becoming too attached to their products. This approach ensures long-term success and adaptability in a dynamic market.

Bob and Ryan discuss common entrepreneurial pitfalls, highlighting the dangers of product-centric thinking. Ryan shares his experiences, emphasizing the importance of building systems that prioritize customer satisfaction. This strategy fosters loyalty and drives sustained business growth.

Bob Gauvreau leads this insightful discussion, providing listeners with practical advice for systemizing operations and maintaining a customer-first mindset. Tune in for actionable tips that can transform your business approach and help you genuinely serve your customers. Don’t miss out on these valuable insights.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 01:12 Prioritizing Systems and Processes in Business
• 03:15 Mapping Business Processes to Create Value and Improve Efficiency
• 08:20 Prioritizing Systemization in Business, Focusing on High-stakes Processes
• 13:14 Scaling Businesses, Prioritizing Value to Marketplace
• 17:49 Importance of Empathizing With Customers in Starting and Growing a Business
• 23:11 Scaling a Business With Guest Ryan Deiss

About the Guest:
Ryan Deiss is a serial entrepreneur, author, and investor, and according to Shark Tank star Daymond John, “His companies practically own the internet.” Ryan is the Founder and CEO of The Scalable Company (Scalable.co), DigitalMarketer.com, and a Founding Partner at Scalable Equity, LLC, an equity accelerator that builds, acquires, and invests inB2B media, services, and software brands. Ryan is also the founder and host of the Traffic & Conversion Summit, the largest digital marketing conference in North America. He also quite literally wrote the book on modern marketing, Digital Marketing For Dummies (Wiley), which is now in its second edition. As a sought-after speaker, Ryan has shared the stage with top business leaders and celebrities like Sir Richard Branson, Gary Vaynerchuk, Sarah Blakely, Martha Stewart, Tim Ferris, Daymond John, and Dave Ramsey.

Connect with Ryan:

• Twitter / X: https://twitter.com/ryandeiss
• Instagram: https://www.instagram.com/ryandeiss/
• LinkedIn: https://www.linkedin.com/in/ryandeiss/
• Scalable.co Website: https://scalable.co/
• Scalable.co’s Instagram: https://www.instagram.com/scalableco/
• Scalable.co’s Facebook: https://www.facebook.com/scalableco

Resources:

• Download the PDF Book HERE: https://drive.google.com/file/d/1BVyH5clHN7BFNlP4tXdVZrEfsv2cMWN8/view?usp=sharing
• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

Today, our host Bob Gauvreau interviews Ryan Deiss, a seasoned entrepreneur with a remarkable journey from selling eBooks online to managing multiple successful companies. Ryan dives into his entrepreneurial journey, emphasizing the unique calling of entrepreneurship and the hurdles he overcame to achieve success.

Ryan shares invaluable insights on the necessary mindset shift for overwhelmed entrepreneurs. He explains why the strategies that fuel initial success may not work for scaling up. Introducing the concept of "The Founder's Curse," Ryan highlights the paradox where being too essential to your business can actually reduce its overall value.

The discussion also covers common growth misconceptions, such as the ineffectiveness of simply working harder or adding more resources. Ryan provides practical advice on developing efficient systems and processes, underscoring the importance of a robust operating system.

If you're ready to scale your business without sacrificing your sanity, don't miss this episode. Tune in now for transformative insights and take your business to the next level!

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 01:40 Entrepreneurship, Career Paths, and Personal Growth
• 03:21 Starting a Business in the Early 2000s, With Ups and Downs Along the Way
• 07:23 Entrepreneurship, Doubt, and Taking Risks
• 12:27 Entrepreneurship Challenges and Scaling Businesses Without Sacrificing Personal Life
• 19:17 Entrepreneurship, Scaling, and Wealth Strategies
• 25:53 Tax-efficiently Managing Business Profits to Avoid Giving Half to the Government
• 28:26 Avoiding Common Mistakes When Scaling a Business

About the Guest:
Ryan Deiss is a serial entrepreneur, author, and investor, and according to Shark Tank star Daymond John, “His companies practically own the internet.” Ryan is the Founder and CEO of The Scalable Company (Scalable.co), DigitalMarketer.com, and a Founding Partner at Scalable Equity, LLC, an equity accelerator that builds, acquires, and invests inB2B media, services, and software brands. Ryan is also the founder and host of the Traffic & Conversion Summit, the largest digital marketing conference in North America. He also quite literally wrote the book on modern marketing, Digital Marketing For Dummies (Wiley), which is now in its second edition. As a sought-after speaker, Ryan has shared the stage with top business leaders and celebrities like Sir Richard Branson, Gary Vaynerchuk, Sarah Blakely, Martha Stewart, Tim Ferris, Daymond John, and Dave Ramsey.

Connect with Ryan:

• Twitter / X: https://twitter.com/ryandeiss
• Instagram: https://www.instagram.com/ryandeiss/
• LinkedIn: https://www.linkedin.com/in/ryandeiss/
• Scalable.co Website: https://scalable.co/
• Scalable.co’s Instagram: https://www.instagram.com/scalableco/
• Scalable.co’s Facebook: https://www.facebook.com/scalableco

Resources:

• Download the PDF Book HERE: https://drive.google.com/file/d/1BVyH5clHN7BFNlP4tXdVZrEfsv2cMWN8/view?usp=sharing
• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode, our host Bob welcomes Josh Perlman, Managing Director of the Gig Exec, to explore sustainable business practices for traditional industries. They discuss the significance of strategic leadership in maintaining business continuity, sharing tactics for transferring business leadership to the next generation and creating passive income streams.

Bob and Josh also delve into the importance of operational independence, focusing on the necessity for businesses to modernize and automate processes to sustain growth and manage transitions effectively.

Josh introduces his initiatives at the Gig Exec aimed at providing senior executive experiences to small businesses. Stay tuned for future episodes for more insights on building resilient and sustainable businesses.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 02:41 Transferring Businesses to the Next Generation and Avoiding Common Pitfalls
• 05:15 Modernizing Businesses for Long-term Success
• 10:07 Challenges and Barriers to Successful Business Transitions
• 13:48 Selling a $20 Million Company, Minimizing Risk, and Preparing for Exit
• 18:06 Improving Business Efficiency, Sustainability, and Employee Satisfaction
• 24:01 Building a Sustainable Business With Value

About the Guest:
Josh Perlman is a seasoned business executive with over 20 years of experience in shaping resilient businesses across various industries. He has held executive roles including CEO, COO, President, and Senior Vice President, with expertise in operations, sales, and product development management. Josh's career is marked by his dedication to bridging the talent gap for small businesses and startups, inspiring him to establish The Gig Exec. His mission is to make senior-level executive experience accessible to small, innovative companies, and family businesses, not just tech startups and large corporations. Currently, Josh is the Managing Director at The Gig Exec and the Founder & President of BËTR Productions, continuing his journey of empowering businesses with strategic leadership and innovative solutions.

Skills and Achievements:

• Expertise in cross-functional team leadership, communication, operations management, strategy, training, and development.
• Recognized for creating innovative solutions and implementing growth strategies.
• Pioneered groundbreaking products and services in the event production industry.
• Successfully navigated companies through periods of change and growth, particularly during the COVID pandemic.

Connect with Josh:

• LinkedIn: https://www.linkedin.com/in/joshperlman31/ 

Resources:

• Visit his website: www.thegigexec.com
• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode, our host Bob was joined by Shrad Rao, CEO of Wage Point, to discuss leadership in small businesses. They delve into the importance of leadership and culture in fostering growth, discussing strategies to streamline payroll, build effective teams, and scout for high-potential talent.

Bob and Shrad also examine how to manage a company through growth phases, focusing on the need for adaptive leadership and mindset changes to maintain performance and navigate challenges.

Shrad highlights Wage Point’s new leadership coaching programs and upcoming webinars. Join us in future episodes for more insights on effective leadership strategies.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 02:49 Leadership, Payroll, and Building a Successful Business
• 05:54 Leadership, Growth, and Employee Development in a High-growth Company
• 12:15 Leadership, Growth, and Innovation in a Professional Services Firm
• 16:11 Leadership, Delegation, and Training for Success
• 20:40 Balancing Employee Well-being and Performance in a Growing Organization
• 25:33 Recruitment Strategies and Talent Acquisition in Canada
• 29:32 Leadership, Problem-solving, and Iteration in High-growth Companies
• 33:51 Leadership and Culture With Ceo of Wage Point

About the Guest:
Shrad is Wagepoint’s long-suffering CEO. It’s only a partial joke given the intensity of payroll where you have to get everything right — all the time. Knowing how difficult this subject matter is for most small business employers, his approach was building a simple product and backing it by the friendliest (most approachable) support in the business. He’s come to learn that leadership throws you curveballs, even when you think you've mastered all the calls. In his free time, Shrad contemplates how he found himself in this position. 😂 

Connect with Shrad:

• Linked In: https://www.linkedin.com/in/shradrao/
• X / Twitter: https://x.com/shradr?lang=en

Resources:

• Visit wagepoint.com to simplify your small business payroll.
• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode, host Bob Gauvreau celebrates the one-year anniversary of the show. He thanks listeners and introduces special guest, operational efficiency expert Adrienne Dorison, known for transforming business practices.

Adrienne recounts her journey from studying wildlife ecology to pioneering business efficiency initiatives. She discusses innovative strategies such as the 'crush cringe analysis' and a transformative four-week vacation concept, aimed at enhancing business self-sufficiency.

Tune into this episode to discover how these strategies can improve your business. Share it with other entrepreneurs looking to boost their operational efficiency and achieve greater success.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 02:01 Optimizing Business Efficiency With Expert Adrienne
• 05:38 Career Journey From Wildlife Ecology to Corporate Manufacturing to Entrepreneurship
• 12:24 Implementing a System of Accountability in a Business to Avoid Chaos and Ensure Survival
• 16:48 Streamlining Business Operations for Growth and Efficiency
• 25:06 Accountability in Business, Leaders' Selfishness, and the Importance of Clear Expectations and Support for Employees
• 30:42 Delegating Decision-making Responsibilities to Others
• 35:19 Empowering Team Members to Make Decisions
• 39:03 Implementing Accountability Systems for Business Growth
• 46:41 Optimizing Work for CEOs, Including Reducing Work Hours and Prioritizing Deep Thinking Time
• 50:59 Tracking Time to Improve Business Efficiency

About the Guest:
An operational efficiency expert, Adrienne has helped thousands of businesses run more efficiently, so they can do less and achieve even more. She co-founded Run Like Clockwork© alongside author Mike Michalowicz, to help entrepreneurs design a business that can run itself. The best-selling book, Clockwork, includes their simple system for making a business ultra-efficient. 

Adrienne developed the Clockwork™️ program and its proven process through her 15+ years of operational efficiency experience in small, medium and corporate sized companies. She's Lean Six Sigma certified, a SCRUM expert trainer, and a certified Smart Growth Advisor™️.

Her work offers a new normal for business leaders and shares practical advice for leaders, teams and individuals to redesign the way we work.

Connect with Adrienne:

• Facebook: https://www.facebook.com/adriennedorisoncoach/
• Instagram: https://www.instagram.com/adriennedorison/
• Linked In: https://www.linkedin.com/in/adriennedorison/
• X / Twitter: https://x.com/adriennedorison?lang=en
• Email: [email protected]

Resources:

• Clockwork is now available! Have you got your copy yet?: https://www.amazon.com/Clockwork-Design-Your-Business-Itself/dp/0525534016/ref=sr_1_1?ie=UTF8&qid=1531755332&sr=8-1&keywords=clockwork+mike+michalowicz
• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode of the Wealthy Entrepreneur, our host Bob delves into the Smith Maneuver, explaining how to transform home mortgage debt into tax-deductible investment debt. He outlines how leveraging home equity into rental properties can convert financial liabilities into substantial assets.

Our host explores customized mortgage solutions offered by private banking that support homeowners in adopting this strategy effectively. Providing direct, actionable guidance on using home equity to lower taxable income while boosting financial flexibility.

Highlighting the tax benefits and potential for reducing mortgage payments through the Smith Maneuver. Bob presents practical examples demonstrating how savvy debt management can lead to enhanced financial growth and stability.

Tune in for invaluable tips on upgrading your financial strategy and don’t forget to subscribe for more insights from future episodes.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 02:22 Deducting Mortgage Interest for Business Owners
• 05:10 Tax-efficient Mortgage Strategies for Real Estate Investors
• 11:22 Maximizing Tax Savings by Converting Non-deductible Debt to Deductible Debt

Resources:

• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode, our host Bob Gauvreau discusses tax planning for real estate investors, focusing on the impact of business structures in the U.S. and Canada. He highlights the tax advantages of classifying income as active when employing over five full-time employees, which can lead to significant tax reductions.

Bob then addresses the taxation of different income types, including passive investment income, capital gains, and dividends. He suggests strategies like income splitting and using corporate structures for asset protection to lower taxes and shield investments.

Tune in for practical strategies to enhance your financial health and secure your investments. Join us on the Wealthy Entrepreneur Podcast and download your exclusive tax planning guide today!

Episode Highlights:

• 00:00 Welcome to the Wealthy Entrepreneur Podcast
• 02:16 Tax Planning Strategies for Real Estate Investors
• 04:14 Tax-efficient Real Estate Investing Strategies in Canada and the Us
• 08:52 Tax Planning Strategies for Real Estate Investors, Including Income Splitting, Asset Protection, and Maximizing Deductibility
• 14:26 Tax Deductions for Real Estate Investments
• 18:08 Tax Planning Strategies for Real Estate Investors

Resources:

• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode, our host Bob discusses personal branding and sales mastery with entrepreneur Liam Morin. Liam's sales experience underscores the importance of financial knowledge and expertise for entrepreneurs. They emphasize the value of cultivating a personal brand and network, alongside tracking sales metrics for informed decision-making and business growth.

Our host Bob leads a conversation with entrepreneur Liam Morin on optimizing sales processes. Together with another speaker, they explore refining sales strategies with systematic follow-up and problem-solving. The dialogue also highlights empathetic selling and understanding customer needs through strategic questioning.

Join our host Bob and his guests on this insightful journey for entrepreneurs. Gain actionable advice to navigate the entrepreneurial landscape with confidence and conviction.

Episode Highlights:

• 00:00 Welcome to the Wealthy Entrepreneur Podcast
• 02:09 Sales Evolution, Financial Management, and Industry Insights
• 05:04 Sales Strategies and Follow-up Processes in a Professional Setting
• 08:20 Modern Sales Process, Focusing on Middle Funnel Gap
• 11:12 Business Evolution and Lead Generation Strategies
• 14:54 Personal Branding and Marketing Strategies for Entrepreneurs
• 18:15 Sales Process Evolution in the Face of Changing Consumer Behavior
• 25:07 Preventing Sales Objections and Pricing
• 28:26 Ideal Criteria for Deck and Fence Project, Including Speed, Quality, and Cost
• 31:46 Understanding Clients' Needs and Providing Solutions
• 35:54 Importance of Prompt Follow-up in Sales
• 39:21 Improving Sales Process Through Time Management and Technology
• 42:27 Sales Strategies, Data Tracking, and Providing Value to Clients

About the Guest:
With over twenty years in construction and trades, Liam began his career founding a decking and fencing company at 16, later transitioning into construction technology. This experience exposed him to the operational challenges facing trade business owners, reinforcing the importance of robust business fundamentals. He has worked with construction businesses across several countries, emphasizing excellence in leadership. Outside work, Liam enjoys spending time with my family and hunting in the Canadian wilderness.

Connect with Liam:

• Linked In: https://www.linkedin.com/in/liam-morin/

Resources:

• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.

In this episode, our host Bob Gauvreau joins Shauna Schubert to discuss key strategies for mastering business challenges. Shauna explores leadership in family business management, while Bob focuses on the critical role of mindset and profitability. Their expertise offers essential insights into effective business operations.

They also examine how digital bookkeeping can streamline workflows and reduce stress, boosting financial efficiency. The conversation concludes with the necessity of precise financial reporting and adaptable expense management for ongoing growth.

Host Bob Gauvreau steers this engaging discussion, providing listeners with actionable advice. Don’t miss out—tune in for valuable tips that could transform your business approach.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 03:32 Running a Family Business, Accounting Struggles, and Finding Help.
• 08:34 Bookkeeping Importance for Business Owners.
• 14:04 Importance of Bookkeeping for Businesses, Highlighting Its Ability to Provide Black and White Financial Data and Help Make Tough Decisions.
• 19:51 Bookkeeping and Financial Management for Businesses.
• 24:35 Financial Strategies for Business Growth and Success.
• 30:42 Financial Management in Restaurants, Including Cost Control and Reporting
• 35:49 Digital Solutions for Bookkeeping and Accounting.
• 40:48 Streamlining Bookkeeping Tasks for Business Owners.

About the Guest:
Shauna graduated from Trent University in 2005 and immediately took over operations of the family business. She has experienced first hand the excitement and challenges of owning a business. Shauna & her husband operated the restaurants until Dec 2017 when both decided it was time for a change and the restaurants were sold. Shauna joined Gauvreau & Associates in early 2018 as part of the bookkeeping team and has been thrilled to be part of the growing team. She and her husband live in Douro along with their two daughters.

Connect with Shauna:

• Linked In: https://www.linkedin.com/in/shauna-schubert-2a865518a/
• Facebook: https://www.facebook.com/profile.php?id=100077964682725

Resources:

• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.