Wealth Wisdom Financial Podcast

Discover why 45% of businesses fail in the first 5 years (hint: it's not about your product or service) and learn the revolutionary system that's helping entrepreneurs break free from the feast-or-famine cycle.

In this episode, we reveal:

• Why traditional budgeting is setting you up for failure
• A counterintuitive approach that makes profit inevitable, not optional
• The simple 5-account system that eliminates financial anxiety
• Our personal journey from financial stress to confidence using this method

Perfect for: Business owners who hate budgeting but know they need better financial control. Whether you're barely making ends meet or ready to scale, this episode shows you how to finally master your numbers without becoming an accountant.

Listen now to transform your relationship with business finances and break free from the failure statistics. Be sure to catch the Star Trek reference!

00:00 Introduction to Financial Freedom

00:28 Debunking Profit First Misconceptions

01:25 Welcome to Wealth Wisdom Financial Podcast

02:03 Celebrating Small Businesses

02:57 The Importance of Simple Financial Systems

03:41 Understanding Profit First

07:27 Applying Profit First Principles

16:53 Overcoming Common Objections

24:37 Join the Profit Planning Network

26:02 Wealth Wisdom Week Announcement

27:13 Conclusion and Call to Action

Links mentioned in the show:

• Reserve your spot in Wealth Wisdom Week here: https://wealthwisdomfp.com/seminar
• Apply for the Profit Planning Network here: https://wealthwisdomfp.com/ppn
• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Watch on YouTube here: https://youtu.be/Cz1pNz_hl40 

Ever wonder if your business is truly aligned with your life's calling? What if your entrepreneurial journey was more than just making money? What if your business fulfilled your destiny?

In this episode we're diving deep into the secret sauce of your "financial DNA" - that perfect blend of your life's purpose, your money story, and your path to profitability. Spoiler alert: it's about way more than just cashing those checks.

Now, we know what you're thinking - "But what about the bottom line?" Don't worry, the Wealth Wisdom crew has got you covered. They're here to show you that purpose and profit are not mutually exclusive. In fact, when you're truly aligned with your calling, you're more likely to persist through challenges and find innovative ways to be profitable.

So, are you ready to decode your financial DNA and build a business that truly reflects who you are and what you're meant to do?

00:00 Introduction: Aligning Business with Life's Calling

00:47 Welcome to Wealth Wisdom Financial Podcast

01:26 Celebrating Small Businesses

01:48 Decoding Your Financial DNA

04:23 Recognizing Your Calling

05:23 Decoding Your Money Story

05:42 Pursuing Profitability

08:08 Personal Story: Going All In

11:59 Purpose AND Profit

13:00 Profit Planning Network

14:55 Conclusion and Call to Action

Links mentioned in the show:

• Apply for the Profit Planning Network here: https://wealthwisdomfp.com/ppn
• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Watch on YouTube here: https://youtu.be/bkrvFhViI80 

Is your small business feeling the weight of the world on its shoulders? Newsflash - you don't have to go it alone! In this must-see episode, we're unveiling the not-so-secret superpower that can transform your entrepreneurial journey: the power of collaboration.

Small businesses are the backbone of the American economy, but the statistics are sobering - 45% fail in the first 5 years, and over half don't make it to the 10-year mark. The good news? We've uncovered a game-changing piece of advice from successful business owners: "Never do anything alone."

When you team up with mentors, fellow entrepreneurs, and even your target customers, the burden gets lighter, the ideas get bigger, and the chances of success skyrocket. Just ask us - we managed to cut our startup costs in half by leveraging our "Set Up Shop Committee"!

And if you're not a small business owner yourself, don't worry. We're serving up all the juicy details on how you can support your local entrepreneurial community in ways that create a win-win for everyone.

This episode is about to shift your small business mindset from stressed and isolated to empowered and connected.

Whether you run a mom-and-pop shop or just want to champion the entrepreneurial spirit in your neighborhood, you won't want to miss these must-try strategies for harnessing the power of collaboration. Trust us, your business (and your sanity) will thank you.

00:00 Introduction: The Power of Collaboration

00:25 Small Business Saturday: Mark Your Calendars

01:18 Welcome to Wealth Wisdom Financial Podcast

01:56 Celebrating Small Businesses: You Don't Have to Go It Alone

02:45 The Reality of Small Businesses in the US

04:53 The Importance of Collaboration in Entrepreneurship

05:45 Our Personal Journey: From Isolation to Collaboration

09:40 How Non-Business Owners Can Support Small Businesses

13:54 Challenge: Strengthening Community Through Support

14:36 Join the Profit Planning Network

15:49 Conclusion: Building Wealth and Wisdom Together

Links mentioned in the show:

• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Watch on YouTube: https://youtu.be/GuCsvW08WVQ 

Have you ever felt torn between your desire to give generously and your need to maintain financial stability?

Watch as we unpack how combining strategic giving with sound financial practices creates a powerful formula for lasting impact and personal stability.

Are you ready to revolutionize your approach to generosity? It's time to learn how pre-decisions, boundary setting, and high-impact giving strategies could be the missing pieces in your giving puzzle.

Don't let your generous heart lead to financial strain - join us for this transformative episode that goes beyond basic charitable giving tips!

Your legacy of generosity (and your financial future) might just depend on it! 🌟

00:00 Introduction: The Balance Between Generosity and Self-Care

01:56 Personal Story: Lessons in Generosity

03:38 The Big Idea: True Generosity Starts with Self-Care

04:59 Practical Tips for Sustainable Giving

07:24 Take the Next Step: Financial Freedom Awaits

09:06 Setting Financial Boundaries

11:55 Giving Time and Skills

13:51 Generosity and Self-Care: A Symbiotic Relationship

15:14 The Flow of Money

17:06 Conclusion and Next Steps

Links mentioned in the show:

• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call

• Join the Wealth Wisdom Financial Community for our 15 Generosity + Self-Care Affirmations and more practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Is your legacy plan secretly working against your family's future?

Watch as we unpack the multi-trillion-dollar wealth transfer reshaping America's financial landscape - and why traditional inheritance planning might set your family up for failure!

Have you ever wondered why some families maintain their wealth for generations while others lose it all by the third generation? The answer is not luck — it's strategic legacy planning.

Are you ready for a masterclass in family wealth preservation? It's time to learn how the proper legacy planning framework could be the missing piece in your family's financial future.

Don't let your life's work become a family burden - join us for this transformative episode that goes beyond the basics of estate planning.

Your family's future harmony might just depend on it! 🌟

00:00 Introduction

02:26 The Great Wealth Transfer

04:27 The Case for Leaving a Legacy

07:34 Finding a Middle Ground

08:56 Planning for Your Financial Future

09:37 Top Considerations for Legacy Planning

12:25 Common Mistakes in Legacy Planning

14:08 Tailoring Your Legacy Plan

14:51 Resources and Final Thoughts

Links mentioned in the show:

• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Get a copy of our Estate Planning Checklist here: https://zfrmz.com/D63O2f4YSFhWE4gI3NmR
• Find the "10 Questions to Ask to Set Legacy Goals" inside the Wealth Wisdom Financial Community here: https://www.wealthwisdomfp.com/community

Watch on YouTube here: https://youtu.be/b7D4qTO5RqA 

Have you ever considered that the secret to easing financial stress could be rooted in kindness?

Join us as we reveal how combining four unconventional financial strategies can create a compounding effect of kindness and reduced stress. (kind of like how compound interest grows wealth over time)

Are you ready for a masterclass in financial wisdom? It's time to learn how every small action can have massive results.

Let's transform your finances and the world around you with kindness and simplicity. Don't miss this game-changing episode!

00:00 Introduction to Financial Strategies for Reducing Stress

02:23 Understanding the Power of Compounding

06:46 Unconventional Financial Concepts for a Better World

10:18 Introducing the Gratitude Bank

12:02 Integrating Financial Strategies

13:38 Addressing Skepticism and Concerns

16:32 Cultivating Gratitude in Stressful Times

19:41 Conclusion and Next Steps

Links mentioned in the show:

• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community

Watch on YouTube: https://youtu.be/nWKPoazYS_E 

What if we told you that your financial strategies are working against each other, sabotaging your wealth-building efforts? (Spoiler alert: For many, they are!)

Watch as we reveal how combining 5 powerful financial concepts can create a synergy that supercharges your personal and business finances.

Have you ever wondered why some entrepreneurs seem to effortlessly grow their wealth while others struggle? Or why your colleague Mark's business is thriving while everyone else is barely staying afloat? It's not luck - it's strategy.

Are you ready for a masterclass in financial integration? It's time to learn how Bank on Yourself, Profit First, EOS, YNAB, and the STILL Method could be the missing pieces in your financial puzzle. Understanding and implementing these crucial elements lets you take control of your money like never before!

PS: For a limited time, get our book "Five Smooth Stones" at 50% off to jumpstart your journey with the STILL Method. Use code OCTOBER at our shop (link below). Hurry, offer ends October 14th at midnight! Our shop (for the book deal): https://www.wealthwisdomfp.com/shop

Links mentioned in the show:

• Our shop (for the book deal): https://www.wealthwisdomfp.com/shop (use code OCTOBER)
• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community
• Learn more about how Profit First and Bank On Yourself works together: on our show here https://youtu.be/ll98hpdj_ZI and on another show here: https://nyafinancialpodcast.com/episode-368-a-better-way-to-profit-first-with-mike-michalowicz/

00:00 Introduction: Combining Financial Strategies for Success

01:21 Welcome to Wealth Wisdom Financial Podcast

02:14 The Problem with Disjointed Financial Strategies

03:31 Overview of Key Financial Concepts

06:22 Combining Financial Strategies for Maximum Impact

10:03 Addressing Common Concerns and Implementation Tips

15:37 Special Offer and Conclusion

Watch on YouTube here: https://youtu.be/Nqri8fihmSE 

What if we told you that your bank balance is lying to you about how rich you really are? (Spoiler alert: For many, it is!)

Watch as we pull back the curtain on the 5 crucial puzzle pieces of true wealth that are helping savvy individuals live richer, more fulfilling lives.

Have you ever wondered why some people seem content despite modest bank accounts? Or why your neighbor Sarah is thriving while everyone else is chasing the next dollar? It's not luck - it's strategy.

Are you ready for a crash course in redefining wealth? It's time to learn how health, relationships, purpose, personal growth, and time could be the missing pieces in your wealth puzzle. Understanding and planning for these crucial elements lets you take control of your life's true riches!

ps: Next week's episode we'll show you how to align your finances with these 5 puzzle pieces. Don't miss it!

Links mentioned in the show:

• A previous episode about defining wealth: https://youtu.be/K-REYOnpd34?si=VIEbU83NIhu7oIKp
• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community (This is where you get our Holistic Wealth Planner too!)

00:00 Introduction: Beyond the Numbers

00:51 The Bigger Picture of Wealth

02:36 Five Puzzle Pieces of True Wealth

04:13 Puzzle Piece 1: Health

05:58 Puzzle Piece 2: Relationships

08:20 Puzzle Piece 3: Purpose

10:18 Puzzle Piece 4: Personal Growth

12:03 Puzzle Piece 5: Time

15:18 Holistic Wealth and Financial Planning

Watch this episode on YouTube here: https://youtu.be/ZhVW59vkHZc 

Unlock the secrets of financial resilience with our latest episode! We're diving deep into the money vaults of history to extract golden nuggets of wisdom that can fortify your finances today.

In this episode, you'll discover:

• The "Three R's of Recession Resilience" that have stood the test of time

• How your great-grandparents' Depression-era tricks can beef up your modern budget

• Why the 2008 financial crisis might hold the key to your side-hustle success

• Inflation-fighting strategies from the 1970s that still pack a punch today 

• The surprising parallels between 1929's market crash and today's economic challenges

Plus, we'll reveal:

• How to build a financial emergency kit that would make a Depression-era survivor proud

• The "Victory Garden" approach to diversifying your income streams

• Why becoming the "Renaissance Person" of your finances could be your recession superpower

Whether you're a seasoned investor or just starting your financial journey, this episode is packed with actionable strategies to help you weather economic storms. Don't let history repeat itself – learn from it instead!

00:00 Introduction to Timeless Financial Wisdom

00:36 Welcome to Wealth Wisdom Financial Podcast

01:14 Exploring Financial Fortitude and Resilience

01:46 Learning from Past Financial Crises

03:05 Special Invitation: Transform Your Financial Future

05:37 The Three R's of Recession Resilience

05:40 Reserves: The Power of Cash Savings

08:20 Reduce: Living Lean and Building Relationships

10:35 Reinvent: Diversifying Income Streams

15:56 Conclusion and Next Steps

Links mentioned in the show: 

🔹 Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call

🔹 Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community

Watch on YouTube here: https://youtu.be/52Q6tKBuSc

What if we told you that your 401(k) might be more of a rollercoaster than a reliable retirement vehicle? (Spoiler alert: For many, it is!)

Watch as Brandon and Amanda pull back the curtain on a little-known financial tool that's helping savvy retirees sleep better at night.

Have you ever wondered how some people seem unfazed by market crashes? Or why your neighbor Bob is grinning while everyone else is panicking? It's not luck - it's strategy.

Are you ready for a crash course in retirement security? It's time to learn how fixed index annuities could be the missing piece in your financial puzzle.

Wall Street doesn't want you to know about this. By understanding it, you can take control of your retirement destiny!

Tune in and secure your financial future!

(P.S. Bengals fans, we promise our financial advice is more accurate than our football b-roll. Unlike that mishap, we won't fumble your retirement!)

00:00 Introduction to Financial Resilience

00:41 Welcome to Wealth Wisdom Financial Podcast

01:19 Zooming in on Retirement Strategy

02:51 Understanding Fixed Index Annuities

04:46 The Importance of Annuities in Retirement

05:34 Real-Life Example: Bob and Sue

06:31 Commercial Break

07:25 Debunking Annuity Myths

08:35 Key Attributes of Good Annuities

10:56 Conclusion and Next Steps

Watch on YouTube here: https://youtu.be/Sk-eu85GYiM 

Links mentioned in the show:

• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community