Uncommon Wealth Podcast

There’s a fallacy out there that only the rich get richer and anyone who builds great wealth did it through some brilliant master plan. Our podcast guest and Uncommon Wealth Partner client, Drew McLellan’s story should serve as a reminder that you can start anywhere and if you’re willing to be open to opportunities, take the right risks and being very clear about how you want your life to be – anyone can build an amazing life and financial freedom.

In this episode of The Uncommon Life Project podcast Drew talks about the shift from employee to entrepreneur and how he has used each step of his journey as the launch pad for his next step.

Listen to his story and learn how opportunities began presenting themselves once he stepped into being a business owner and how he leveraged each opportunity to create and grow four companies and use each one to strengthen and grow the others.

Drew believes the most valuable currency generated by his businesses is freedom.  Hear how he used that freedom to live the life of his dreams –an active, engaged, parent and son, checking off traveling to all of the continents with his daughter and spending at least one month a year on Disney property.

Drew reminds us all that the opportunities are all around us.  We just have to be smart enough to see them and brave enough to chase them.

Drew McLellan has worked in advertising for 30+ years and started his own agency, McLellan Marketing Group in 1995 after a five-year stint at one of the world’s largest agencies, Young & Rubicam.

He is considered a national marketing expert. He launched MMG’s blog in 2006 and it has been on the AdAge Top 150 from the list's inception in 2008.

Drew’s writing has appeared in Forbes, The Washington Post, Entrepreneur Magazine, New York Times, CNN, BusinessWeek, and many others. The Wall Street Journal calls him “one of 10 bloggers every entrepreneur should read.”

He also owns and runs Agency Management Institute, McLellan Properties and Drew McLellan Unlimited. What you’ll learn about in this episode:

• How Drew shifted from employee to entrepreneur
• How anyone can embark on owning their first piece of rental property
• The relationship between worry/risk and the rewards of being self-employed
• Business ownership, even after 25 years, is not a bed of roses
• The price tag on freedom
• How to design the life you want and then build income streams to support that life
• The importance of recognizing and exploiting surprise opportunities
• Creating your own bank and accumulating wealth through whole life insurance
• The reality that making money is about choices and consequences. You have to be willing to give up something.
• When you work to serve others with a genuine heart, you will make money.

One of the cornerstones of how we work with clients at Uncommon Wealth Partners is to go beyond the traditional financial planning of investment advice and really roll up our sleeves and help our clients think through a much broader money strategy.

A topic that we always explore is the idea of residual income.  Residual or passive income is money you continue to earn after the work is complete. (For most of us our jobs are active income – they only pay us if we keep showing up).

If you listened to the last episode, you’ll remember we mentioning the seven sources of residual income and in this podcast, we wanted to dive a little deeper into each.  We explored the seven most common types of residual income and how you can begin to explore which ones might fit your family’s long-term financial plan.

You’ll quickly see that there are many ways that you can leverage your money to get you to retirement, or time freedom as we like to say, faster. It’s not about using them in order or using all of them, it’s more about finding the right options to help you meet your own personal goals of time freedom.   

We, Phillip Ramsey and Bryan Dewhurst, are the founders of Uncommon Wealth Partners.   We think differently about money.  

Our philosophy is simple. We help people no matter where they are today. It’s about where you want to go that matters. We do this by helping each one of our clients define their goals, implement a plan, create wealth, and ultimately create time freedom.  There are probably a lot of financial planners who promise the same thing. It’s how we get you there that is different.

We believe that one of the most significant gifts we can give to our clients in the getting to know you phase is to not talk about their money!  Instead, we want to know what motivates you?  If money were no object what would you do with your time?  We believe answering those kinds of questions will help us when we finally talk about your money.

What you’ll learn about in this episode:

• What exactly is residual income?
• Residual Income Source #1 – Insurance
• Residual Income Source #2 – Rental Property
• Residual Income Source #3 - Investments
• Residual Income Source #4 – Small Business
• Residual Income Source #5 – Subscription Business Model
• Residual Income Source #6 – Royalties
• Residual Income Source #7 – Network Marketing

Ways to contact Phillip Ramsey and Bryan Dewhurst:

● Email: [email protected] ● Email: [email protected]

Uncommon Life Project with Phillip Ramsey and Bryan Dewhurst

In this inaugural episode of the Uncommon Life Project, Phillip Ramsey and Bryan Dewhurst talk about why they decided to launch the podcast and what they’re hoping the listeners will gain from each episode.

The guys are going to interview people who have chosen to step away from the ordinary. They don’t want to wait until retirement to live a dream life. They’ve made sacrifices, taken chances and seized opportunities – all so they could live an uncommon life.

What listeners will learn is that these are very ordinary people, often doing ordinary work – but somewhere along their life’s journey, they decided to step off the worn path that most people take and carve out their own.

With each episode, Phillip and Bryan are hoping to light a spark of inspiration that you too can have a life of abundance and that each of us gets to define what our uncommon life might be.

Our job is to help people understand that there are so many different ways to generate income in today’s economy. There is not just one way to make money out there anymore. – Bryan Dewhurst and Phillip Ramsey

What you’ll learn about in this episode:

• What is an uncommon life and who can hope to have one?
• Why did Bryan and Phillip start the Uncommon Life Project podcast?
• Background on the lead players at Uncommon Wealth Partners
• The “Why” that drives Uncommon Wealth Partners
• What you can expect in future episodes

The Golden Nuggets:

There was just something inside of me that felt the need to help and serve people as it related to their finances and their businesses and I just couldn't ignore it any longer. – Bryan Dewhurst

Using cash value life insurance with a banking mindset, and leveraging against that to purchase assets that produce cash flow to really grow our net worth in a completely different way - these are the kinds of things that excite me! - Bryan Dewhurst

Most financial advisors teach people to think about retirement and work backwards from there. Why not think about next week and move forward from there. It’s all about moving forward and being forward thinking. – Bryan Dewhurst

Using your money more efficiently now and working to understand your needs and desires, to help get you to your goals today, without sacrificing tomorrow – that’s what we do. – Phillip Ramsey

We all have something uncommon within each of us and being able to walk side by side with people and watch that come out is one of the most rewarding things that I have ever been a part of. – Bryan Dewhurst

Great financial advisors are just the copilots showing their clients what the dials mean and helping them kind of dial into the plan that will get them to their goals as quickly as possible. – Phillip Ramsey

Ways to contact Phillip Ramsey and Bryan Dewhurst: ● Email: [email protected] ● Email: [email protected]