Wealth Tactic Rebels

Kevin M Dumont

Bringing CLARITY and taking CONTROL of YOUR MONEY back to you and away from the major financial institutions. We are a new breed of Independent, out-of-the-box thinking, self-sufficient, Wealth Tactic Rebels. WTR is a unique, weekly podcast about rebelling against the norm of wealth tactics. We will feature unique discussions on managing the wealth of your life with different ideas from what is common in the media. You can expect new ways of looking at all aspects of wealth, including taxes, interest and debt, financing major capital purchases, planning for retirement, planning for college and much more. We will also have frequent interviews with experts in various areas of wealth. Not to mention, sometimes the best way to learn how to be successful, is by following examples of success. So we will also be featuring interviews of successful entrepreneurs to give great insight into how they achieved success. Follow along with WTR as together, we look to a new future. read less
EducationEducation

Episodes

Avoid These 5 Common Business Mistakes
Nov 6 2020
Avoid These 5 Common Business Mistakes
Did you know that businesses, no matter how big or small, experience similar obstacles as they move from idea to goals to finishing a project? In over 25 years of training, teaching and executive experience, Jen McFarland has discovered these common obstacles. Join WTR host Kevin Dumont and guest expert Jen McFarland in rooting out 5 common mistakes many business owners make and unearth how to solve them.Jen McFarlandWebsitehttps://www.womenconquerbiz.comLinkedIn URLhttps://www.linkedin.com/in/jensmcfarland/Facebook URLhttps://www.facebook.com/womenconquerbizTwitter URLhttps://twitter.com/jensmcfarlandYouTube URLhttps://www.youtube.com/channel/UC4gqaZ96ns7jJzMMYQP-r7Q/InstagramInstagramNotes:Kevin_Dumont: [00:00:00] Welcome to another discussion with Wealth Tactic Rebels, the podcast for people who see things differently. I'm your host, Kevin Dumont. I've been thinking differently in the wealth field for nearly 15 years today. I'm joined by a host. Jen McFarland. Jen, how are you today? Well, I appreciate you being here today and sharing your time and your knowledge with our wealth at the rebels.So Jen is an entrepreneur in business consultant and, she has a particular expertise in business and, kind of like the Wealth Tactic Rebel philosophy, where we believe that you have a lot more to be had by first avoiding losses, before you go chasing a rate of return, like it's the same thing in business, Someone like Jen who's had a lot of experience has seen a lot of mistakes that people commonly make when they're trying to run their business. And if you can first learn those ahead of time, but through someone like Jen and look out to avoid those, you know, you have a lot better shot at having a more successful business.So today's discussion is avoid these five common business mistakes. we're going to discuss those. It has to do with it mindset, willingness to poke holes in what you think is a success. and assessing risk and, time. And we also talked a little bit about, uh, with different ways that, that you can accomplish things.Before we get into that though, Wealth Tactic Rebls, if you would do as a favor after this episode on whatever your preferred listening platform is, please just go there, give us a rating review and a, you can drop us a line. You can do it there. You can do it on a Wealth Tactic Rebles Facebook page. let us know what you found inspiring about today's episode, what you think may have helped you or someone, you know, Jen let's, let's get into a little bit, but before we get too far, would you mind sharing a little bit with our listeners about a little bit about where you came from and what inspired you to do what you do today?Jen_McFarland: [00:01:48] Sure. Thank you, Kevin. And thanks again for having me on. so my name is, my name is Jen McFarland. Um, I have 25 years of teaching training and executive experience in leadership projects and marketing, and the way that I got really into. All of this was after college. I got really interested in the peace Corps.One of my best friends went
Empower Your Retirement
Aug 19 2020
Empower Your Retirement
Today we are discussing Empowering your Retirement. But before we get into that, let's talk, for a moment, about the position of our economy during the time of this recording, early June of 2020, specifically in regards to jobs. We are starting to see flattened curves from the COVID-19 pandemic and partial reopening's of parts of our economy in the US. There's even some good news jobs as according the Department of Labor Bureau of Labor Statistics, there were 2.5 million new jobs in May. However, the unemployment rate is still at 14.7%. Some sources, such as an article in Forbes on June 8th say there was an error in the calculations for the unemployment rate and therefore the true rate is closer to 20%. Regardless, there's been over roughly 42 million how have lost their jobs to date, and counting. There's also talk that many people whose jobs were retained because of the forgivable loans for small businesses, will be let go once those businesses are out of the specified period they are required to keep their employees.What does this all mean to you, our Rebels? Well, many of you may find yourself, or someone you know, as one of the unfortunate unemployed, or fortunate, depending on your point of view, or those facing a forced, early retirement because of the pandemic. You may have left or will be leaving completely unprepared with this sudden and life altering situation and shrugging your shoulders asking, "now what?" While we can't answer that question for you, we discuss tactics today to help you better understand your financial position, what steps to take next and a some advice to help you through this difficult time.Forbes Article: There’s A Glaring, Misleading Error In The May Jobs Report: U.S. May Be At 20% Unemployment
Financial Freedom: Making Your Money Work for You, Not Someone Else
May 30 2020
Financial Freedom: Making Your Money Work for You, Not Someone Else
Does a 20-hour work week sound appealing to you? Have you wanted to become an entrepreneur but thought it was too risky? When you have a business, you can create streams of income that can build you wealth. WTR welcomes Yasmin Vorajee, an entrepreneur. In this week’s episode, we will discuss how to build assets that could bring you income over time.Ingenious tactics to accumulate wealth, for people who see things differently.Websitehttps://www.yasminvorajee.com/LinkedIn URLhttps://www.linkedin.com/in/yasminvorajee/Yasmin VorajeeFacebook URLhttps://www.facebook.com/tinytimebigresultswithYasminVorajee/Twitter URLhttps://twitter.com/tinytimewithyasYouTube URLhttps://www.youtube.com/user/yasminvorajee[00:55] Kevin: Today we’re joined by guest Yasmin Vorajee. Today we’re going to talk about making your money work for you, not someone else. Yasmin is an entrepreneur and an expert in making your money work for yourself[02:40] Would you mind sharing a little bit with our listeners where you came from and what inspired you to do what you do today?[02:50] Yasmin: I’m the creator of Tiny Time, Big Results, which is all about how to have a profitable 20 hour week business[04:25] If I only have a few hours a day, how can I make the most of the time that I have so that I can still have a profitable business so that I can still be with my kids and still feel like I have balance?[05:05] Kevin: It’s not just work all day, everyday. Then you’re missing out on a lot of things. To me, I think wealth is important to bring a quality of life[05:15] Yasmin: Wealth for me is not just about the amount of money that you make or the amount of money that you have. It’s about the time you’re spending with your loved ones, the time you get to have some fun. You can enjoy what you’re doing[05:40] What is it that I’m here to do? How can I add more value to this world and do what I love and get well paid for it?[05:50] Kevin: Building wealth is creating assets. If you can build an asset that, when the world turns upside down, you are avoiding that loss since you still have income and that puts you in a better position[07:05] Yasmin: I think being self employed was considered to be the really risky option that you were being super brave if you created your own business. But over the years I’ve really come to realize that actually being employed is incredibly risky. You’re a number in that system. And when they don’t need you anymore, you’re gone. When you have a business and you create streams of income in that business, if one starts to slow down, you can make the other ones be a little more fruitful for you. Whereas if you lose your job, you have one stream of income and that’s gone[08:43] I think for a lot of people they’re probably thinking the time is going to be an issue and that they don’t have the time[11:15] The way that I look at leverage is if I have an asset, how can I create a greater return from that? My book is a leveraged product because I’ve poured all my knowledge and expertise into a book that now sells for me. I’ve created it once, now it sells over and over again for me[12:45] When you’re selling your time, you always have a cap on how much you can...
Increase Productivity, Hire Virtually
May 22 2020
Increase Productivity, Hire Virtually
Due to this crisis, there’s a shift in how business is happening. Lately, more and more people are hiring virtual assistants to increase their business’ productivity rate, and this means that you could find a virtual assistant who has strong skill sets and work ethic. Today, WTR welcomes Danielle Cuomo, entrepreneur, and owner of Virtual Assist USA. In this week’s episode, join us as we discuss the benefits to hire virtually and working from home, in these unprecedented times.Ingenious tactics to accumulate wealth, for people who see things differently.Danielle CuomoWebsitehttp://www.VirtualAssistUSA.comLinkedIn URLhttps://www.linkedin.com/in/djc287Facebook URLhttps://www.facebook.com/findvirtualassistant/Twitter URLhttp://www.twitter.com/assist_usaNotes[00:55] Kevin: Today, we’re joined by guest Danielle Cuomo. Today we're going to be talking about increasing productivity, hire virtually. Danielle is an expert in that field, an entrepreneur, and owner of Virtual Assist USA[01:33] These days it is more prominent to hire virtually for businesses. If you're an entrepreneur, you will be able to hire out virtually to help you with tasks (smaller or part-time or full-time)[02:14] Would you mind sharing a little bit with our listeners about where you came from and what inspired you to do what you do today?[02:23] Danielle: One thing that I think that is really timely with what we're facing now with the Covid-19 virus is that I started this business in 2008 and it was a[03:25] I really wanted to center my business around the idea that services can be really nimble, they can be flexible, they can be on-demand, and it would be an alternative to hiring employees[03:52] I was working in IT consulting at the time and because it was the start of the recession I had just been laid off, so that was disheartening. So it was important for me to turn that into a positive and I felt like I had nothing to lose[04:22] Now with the technology, there’s such a low barrier to entry and it’s possible for anyone (a really easy way to start a business and a really great time to do so)[05:45] I think people are seeing how do-able and easy it is to work remotely, that technology makes it possible to still build business relationships[07:10] We’ve always been 100% remote so for the past 12 years we’ve operated virtually. When something like this happens, we don’t have to pivot or scramble, we can do business as usual[07:25] Our clients really benefited from that because they didn’t have any interruptions in their service (in any uncertain time I think that’s really important)[08:05] Another benefit has really been that there’s also a really broad range of skillsets to choose from. When you’re working with someone locally in your office, you’re only able to choose from the skillsets that are available to you in your specific geographical area. But when you’re working virtually with a virtual assistant company, we can pool from a nation-wide pool of talent which can get you people who have stronger skillsets[09:22] Kevin: Have you sen this whole idea of being able to hire virtually open doors for entrepreneurs?[09:28] Danielle: I definitely have because they have all the tools accessible and available to them. I typically...
Crisis Management During Pandemic or Anytime
May 15 2020
Crisis Management During Pandemic or Anytime
It is a mistake to think that post-crisis, everything will be the way it was before. This can be a hard fact to grasp, and companies have been suffering because of this panic and fear driving the population. Today, WTR welcomes Greg Shepard, serial entrepreneur, investor, Forbes author, and Ted X speaker. In this week’s episode, we discuss the steps that occur in the crisis journey, and how to get your business to return to deliberate operations. Ingenious tactics to accumulate wealth, for people who see things differently.Greg ShepardWebsitehttp://www.gregoryshepard.comLinkedIn URLhttps://www.linkedin.com/in/gregshepard/Facebook URLhttps://www.facebook.com/GregoryJShepard/Twitter URLhttps://twitter.com/gregshepard_YouTube URLhttps://www.youtube.com/channel/UC7GeCLaOiWzNfiu9gTpfehg?view_as=subscriberNOTES: [00:56] Kevin: Today, we're joined by guest Greg Shepard. Today we're going to talk about crisis management during the pandemic. Our guest is a serial entrepreneur, investor, Forbes author, and Ted X speaker [01:28] He made it a mission for himself with his company BOSS (Business Operating Support System) and they are trying to help companies right now weather this storm of crisis [01:45] Would you mind sharing with our WTR listeners about where you came from and what inspired you to do what you do today? [01:55] Greg: When I was young I was pretty poor and we had next to nothing. When I started to build businesses I got to the other side of that and started to really want to give back [05:05] BOSS has 5 major steps [05:08] The north star: identifying where you want to go and what success looks like [05:10] Strategy: the plan itself [05:13] Execution: actually the process of executing the plan [05:17] Standardization: puts in place processes and procedures and standards [05:29] The continuous improvement loop [05:32] When this crisis happened, we said we need to have a module that you could slide in to get your business from crisis back to business as usual and then move forward with BOSS again [06:00] The crisis journey steps [06:02] The call to action (the virus) [06:07] Meeting your mentor (meeting somebody or something that's going to help you through this process... seeking advice from somebody who's already been there) [07:02] Crossing the threshold (acting on the advice given by the mentor) [07:07] The reward (where you emerge from the crisis as a better company back to normalization [07:14] Back to ordinary business [07:20] Crisis management phases [07:25] Initial assessment and damage control (looking at the immediate and potential long-impacts on this crisis to your business and to the market in general) [07:40] Do what you can to limit the damage to you [07:50] What do you need on your team and what do you have available on your team that you can use to help you get that information? [08:07] Stabilization and a crisis pivot (where you're trying to get more stable and get to a point where you can pivot) [09:14] How can you use existing assets and talents differently to generate revenue or enter new markets? [09:52] How can you adapt to that decision that I just went through? [09:58] Seizing an opportunity (what aspect of your business sector is likely to see permanent change?) [10:30] Returned deliberate operations (what conditions must be met in order for you to exit the...
What To Do With Your Cash During A Financial Crisis
May 9 2020
What To Do With Your Cash During A Financial Crisis
Right now people have a high amount of money is sitting in cash in the US. In fact, according to a report from the Bureau of Economic Analysis released April 30th, 2020, in March personal savings as a percentage of disposable income was 13.1%, the highest rate since November of 1981 A sign people are uneasy about the volatility in the economy right now and no one knows how this will all play out. The good part of having moved your money to cash is you won't lose any. The bad part is now your money is no longer working for you. Rebels, you're probably asking yourselves, "what can I do to start making your money work for you again." Well we have 3 tactics to help you answer this question. First we'll discuss opportunities right now, then how you can start making your money value increase, third will be tax considerations.NOTES:[00:54] Kevin: Today we're joined by our other co-host Brian Dumont. We're going to have an important discussion about what's going on in the world right now because there's a lot of turmoil out there. Today we're talking about what to do with your cash during a financial crisis[02:10] First we're going to talk about the opportunities right now, then how you can start making your money value increase, and then we're going to talk about tax considerations[02:38] What kind of opportunities are there?[02:44] Brian: I have always believed that in fact there are always opportunities and that when change occurs, we have to look for those opportunities. Even though you may have given up much of your earnings over the last full market, if you are one of those people that have a portfolio that has suffered, what that means is that this is a time where you can actually harvest some of those losses and use this as an opportunity to transition to a different position[03:52] For example, you could move from a taxable position to a tax free position. You could move from a high risk position to a lower risk position[04:06] When you move after you have taken losses, there's no tax penalties for moving (a great opportunity to move in the direction of safety)[05:00] Kevin: That's the problem right now. There's so many "could's" (this could happen) which creates this uneasiness which is why so many people are sitting in cash. So it's great to take advantage of opportunities, but what about the people who are thinking about that safety? They want to do something a little more safe but their money is below inflation. What can our rebels do to start earning money on their cash being safe and the value increasing again?[05:42] Brian: During the last recession in 2008, a lot of people did eventually move to cash usually too late, and then they sat in cash for too long (they missed the upswing back). As a WTR, we don't want to be normal. We want to go where the opportunities are and move in our own direction[06:20] That means in this time, you don't have to let your money sit around waiting until you're comfortable to move back into equities to make money or looking for some other investment. You can start making money right away[07:15] Suppose you have $100,000 sitting in cash right now because you don't know what to do. If you could get 5% tax free on that, over the course of 12 months that's $5,000. Over the next 3 years, that's over $15,000, which is something[08:28] Strategic opportunistic approach to making your money work for you starting immediately (a good position to be in)[09:22] Kevin: Along with the opportunity and getting your money to start increasing in value again, another thing I wanted to mention is taxes. So, why is taxes such an important part of this? People don't always consider the big picture of this, but if you're going to be a rebel and you're not going to listen to what everyone else is doing, why is it important?[09:42] Brian: Well let me give you a quick example with some numbers to start and...
5 Tracks to Business on Amazon, A WTR Discussion With Carlos Alvarez
May 1 2020
5 Tracks to Business on Amazon, A WTR Discussion With Carlos Alvarez
Thought about selling on Amazon? Based on your capital (hint, you don't need any money to start) and the time that’s available to you, there are 5 paths to successfully selling on Amazon that is discussed in today’s episode. Join WTR and podcast guest Carlos Alvarez, an Amazon expert and the owner/founder of Bluebird Marketing Solutions, as we break down these 5 steps for our listeners.Ingenious tactics to accumulate wealth, for people who see things differently.Carlos AlvarezWebsite: https://wizardsofamazon.com/Website 2: https://www.bluebirdmarketingsolutions.com/LinkedIn: https://www.linkedin.com/in/wizardsofamazon/Facebook: https://www.facebook.com/WizardsofAmazonPodcast/NOTES:[00:55] Kevin: Today we're joined by guest Carlos Alvarez. Our topic today is 5 Ways to Make Money on Amazon. Carlos is an Amazon expert and is the owner and founder of Bluebird Marketing Solutions[01:30] This is something that's going to be applicable for anyone out there that can do this on the side. Let us know in the comments what did you find in our discussion that helped you[01:52] Can you share with our listeners a little bit about where you came from and what inspired you to do what you do today?[03:10] Carlos: I started piling on more jobs to keep up financially with everyone else[05:35] The only thing that's really been validated in my life is selling online. I'm not having to work these insane hours that everyone else is doing. Why don't I just create a lot of different brands and figure out all the different ways that I can sell on Amazon? And here we are today[06:05] Kevin: Now that you have all of this experience behind you, you've developed ways that people can make money on Amazon[07:26] Carlos: There are really 5 paths to successfully selling on Amazon. Based on a combination of the capital you have that you wish to start one of these paths on, and the time you have available after work and other obligations will allow you to pick which one or combination of 2-3 works best for you[08:40] Private label (creating your own brand)[08:43] The riskiest of the brands, but my favorite[09:32] You're creating a brand from scratch[09:58] The one that's going to have the biggest investment to start ($12,000-$20,000 to start)[10:23] Need very little time to do it (2.5 hours per day until you get it rolling then it could be a maintenance of 1 hour-2 hours a day)[11:05] Has the most growth potential (you can exit from it, you can sell it, it's your asset)[15:48] Wholesale (buying from a wholesaler and reselling on Amazon platform)[15:47] You don't need to go to the store, you don't need to scrape websites[16:50] Reselling someone else's products but you have relationships (more consistent, a cleaner model)[18:43] A bare minimum to start with is $1,000 on a credit card[12:20] Arbitrage (retail and online arbitrage)[12:30] Retail arbitrage means going into a store to find products, whereas online arbitrage is using tools online to find products and scrape websites[13:40] Extremely time consuming[15:40] The replenishment is difficult, you're always looking for that next thing/item[18:35] You can start with a few hundred dollars[21:18] Merch[21:22] I don't believe in get rich quick and super easy money like that, but this is pretty darn close[12:45] You can drag and drop your designs on any item[25:03]...
The Wealthy Gardener, A WTR Discussion With John Soforic
Apr 24 2020
The Wealthy Gardener, A WTR Discussion With John Soforic
Success takes time. We all have 24-hours in a day, and it is up to us to decide to be productive with those hours. WTR welcomes John Soforic, self-made millionaire and author of The Wealthy Gardener. The Wealthy Gardener: Lessons on Prosperity between Father and Son is about timeless principles to empower everyday people to get more impact from their days. In today’s episode, we discuss how having a goal for financial freedom will create peace of mind and a worry-free space for achieving an unparalleled quality of life, which will in turn create more success and prosperity in your life.Ingenious tactics to accumulate wealth, for people who see things differently.John talks about the episode:http://wealthygardener.com/wealth-tactic-rebels-podcast/John SoforicWebsitehttp://www.wealthygardener.comLinkedIn URLhttps://www.linkedin.com/in/john-soforic-727b94140/Facebook URLhttps://www.facebook.com/wealthygardener/Twitter URLhttps://twitter.com/wealthygardenerYouTube URLhttps://www.youtube.com/channel/UC6RFjgSllX0wW6nNUlzz44gNOTES:[00:28] Kevin: Today, we're joined by guest John Soforic. We are going to be discussing The Wealthy Gardener, John's philosophy and way of living for prosperity[01:55] Why don't you share more with our listeners about where you came from and what inspired you to do what you do today?[02:02] John: I really am a self-made millionaire that have lived an honorable life and won the life of finances[03:56] There were times when my family slept all night but I wasn't sure how I was going to buy groceries, and when you go through those times it really does change you. When you stop asking yourself if money makes you happy and you start saying if you had money you could do a lot of things with it (rather than chasing a dollar)[04:53] I traded a lot of hours for dollars and I didn't have a whole lot to show for it[06:30] I set a really large goal that I didn't have to think or worry about money. You can give your thoughts to more important things than money (passive income)[07:10] We all have this financial condition of life and life is so much better[07:50] I really believe you can learn your way up in life and you learn through learning curves[08:15] Kevin: I think sometimes that thought of "who am I?" Is a limiting thought to people (who am I to do this? This person is better to do this)[08:30] That can hold you out from learning, seeking, and achieving[09:00] John: When you're asking yourself that question "who am I", that's when you're in a good place in your life (living on the edge of your capacity, trying to strive for your fullest potential, doing things you don't really know you can do[09:08] You have to turn that around because those are the invisible things that hold you back (if you expand that idea, it opens up possibilities in many ways)[09:45] Kevin: So many times people believe that money is the root of all evil and wealthy people are jerks and that's a particular mindset about money that may or may not be true (money is a thing)[10:05] Money is not evil, it just kind of is, it's what people do
Survive Financial Turmoil with a Safe Tank
Apr 17 2020
Survive Financial Turmoil with a Safe Tank
Imagine how different you’d be financially during the economic hardship if you had a Safe Tank. What’s a Safe Tank? Basically, it’s a place you can put your money that is protected, has guaranteed growth, even when you need to use funds for it, and you can use those funds anytime, guaranteed, for any purpose, without incurring taxes or penalties.In this episode of a WTR Discussion, we talk about the current economic turmoil (characteristics of which are similar to other times of economic hardships). We also talk about what a Safe Tank is and why and how to use it. Also, we take you through 5 different, economic scenario stories, any of which could be you during these, or any, uncertain times.Have Questions about what a Safe Tank is? How to use it? How to set one up for yourself?Contact us anytime for your questions. Currently you can reach me, the host, Kevin Dumont at the following email:kevin@wealthtacticrebels.comNOTES:[00:25] Kevin: Today, we have our co-host Brian Dumont. Today, we're going to be talking about how to survive financial turmoil with a safe tank.[01:22] We're going to touch on the market volatility and how it affects your accounts, define what a safe tank is and why you'd want one, and you'll learn about how 5 different common financial tools and situations affect you during financial hardships and how you can begin to start building your safe tank today, which will put you in better financial control the next time there's turmoil[01:46] Let's start with talking a little about the market volatility and what's going on with our listeners today[02:20] Brian: There have been tremendous swings on a daily basis and we just don't know what's coming next and uncertainty is the worst thing for the market[03:13] If you're getting close to retirement or are already in it, you know that you can't rely on what your projections were just a few weeks ago. Things have changed dramatically[04:10] Kevin: Wealth Tactic Rebels, we're trying to help you out today with our talk about the volatility in the world and how you can financially survive it. Reach out to us on whatever the platform is that you listen to this on, give us a rate and review and let us know what you found inspirational. What resonated with you about today's discussion?[04:32] So we have what we call a personal economic model that we use as the model for how money flows. In there, we have what we call a two tank system, and the part of that that's today's discussion is the safe tank. Brian, can we expand talking about those tanks?[04:50] Brian: So the easy one to talk about first of all is the investment tank. Most people have investments[04:57] We put money somewhere with the expectation that it will grow overtime (that's why we're willing to take risk and put the money in there because we want some kind of reward)[05:13] There are two types of primary risk: market risk (the ability for your balance to decrease due to the market) and tax risk (government is in control of this)[06:02] By contrast, and this is where the safe tank comes in, is that we have done our best to position your money in a place where we have eliminated market risk to as little as possible if not any, so that we know that your account can only grow linearly (has to grow better than the inflation rate)[07:40] The main point of having a safe tank is it can only grow, and it must be liquid[07:50] Kevin: Great, so now we have defined what an investment tank is and what a safe tank is. Now comes the fun part. We're going to have a "Zoom dinner meeting with 5 friends". The subject of how they're dealing with this financial storm comes up in our talk with our 5 friends[08:18] Jim: I am one of those guys who likes to put his money in
Mindset for Wealth Preservation and Generation, A Quiet Mind WTR Discussion With Matthew Ferry
Apr 10 2020
Mindset for Wealth Preservation and Generation, A Quiet Mind WTR Discussion With Matthew Ferry
Have you found it difficult to quiet your mind in busy and stressful times? Maybe, you are so fixated on the outcome of something that you let your emotions take over. What if we told you that you could quiet your mind in order to make peace with your life decisions? WTR joins Matthew Ferry, a best-selling author, life coach, and spiritual teacher. Today, we discuss how it is important to recognize a worst-case scenario for everything in order to make peace with your life.Ingenious tactics to accumulate wealth, for people who see things differently.Matthew Ferrybest-selling author, life coach and spiritual teacherWebsitehttp://matthewferry.comWebsite #2http://blog.matthewferry.comWebsite #3https://matthewferry.com/appLinkedIn URLhttps://www.linkedin.com/in/matthewferrypublicspeaker/Facebook URLhttps://www.facebook.com/matthewferryTwitter URLhttps://twitter.com/matthew_ferryYouTube URLhttps://www.youtube.com/matthewferryNOTES:[00:28] Kevin: Today, I'm joined by a definite outside the box thinker Matthew Ferry. Today's topic is mindset for preservation and generation. We will be talking about the impact of not taking care of your mindset and the impact of taking care of it[01:12] Would you mind sharing with our listeners a little bit about where you came from and what inspired you to do what you do today?[01:20] Matthew: The main thing that I do today is assist people to be at peace while creating the kind of life they want to create (quiet mind, epic life)[03:53] When you have a quiet mind, you adopt that skillset. You find yourself in the present moment and that means you're free from stress and worry which is a big deal[04:27] When you're stressed, you make bad decisions and you don't see things clearly and your energy is diminished[04:52] Kevin: So you have basically a series of techniques that you can help train people with that help with all of this. So let's talk about that and what our listeners can do[05:05] Matthew: We want to start with this idea of the rapid enlightenment process. Proven 4 step process to try to get the mind to quiet down and to stop being so stressed out in order to take action (be at peace in the process)[05:40] See that your mind is not your friend[05:58] You don't listen to your mind like it's a trusted advisor; you listen to your mind like a survival system (what it is... thriving vs. surviving)[07:08] Recognize that there are 10 hidden motives to survive. If you don't understand what these motives are, they actually run the show (greed, grudge, hatred, victim, illogical rules, humble, traitor, pride, resistance, and lazy)[07:43] To use enlightened perspectives that assume that all is well[07:50] Use something called...
Organic Marketing Content to Get More Customers, with Kris Reid
Apr 3 2020
Organic Marketing Content to Get More Customers, with Kris Reid
For Kris' special offer, please leave a review for this episode on your choice platform, then follow this link:https://ardorseo.com/kevin/Kris ReidWebsite: https://ardorseo.com/LinkedIn: https://www.linkedin.com/in/coolestguyinseo/Today we’re sitting down with Kris of Ardor SEO, one of the largest search engine optimization firms. Kris is an expert in getting content to rank in Google and in converting website visitors into lifelong customers. How do you write the perfect online content?Crafting the perfect online content starts with search engine optimization or SEO. SEO is relatively new in the grand scheme of things, so it’s not yet done by all businesses. This is good news for you because it means that you’ll have an easier time creating the perfect content that readers are looking for. SEO is most effective when someone is searching for your goods and services, rather than traditional marketing where you’re going out and advertising in someone’s face. This is because the customer is already seeking help. So the job of your website is not to convince the reader that they need the product, but that they need your product or service specifically.Most people already have a website, but they don’t necessarily know how to use it. As much as your website might be beautifully designed, if the web copy isn’t doing the majority of the work, you’re still not going to make that sale. Kris tells us that to create the perfect online content the website “needs to convey your message and that you’re an expert” followed by an action that your visitor can take so that they become a lead. Remember, you’re not actually providing value to them until you close the sale! You could have thousands of visitors a day but if none are turning into customers and helping to scale your business, your website is a flop.So how does search engine optimization help with this? SEO is organic and the longer you spend working on building it, the more value you’ll get in the long run. SEO helps your website appear at the top, so that when someone searches for “baker in LA”, your website comes up, as opposed to your competition. Google makes 90% of its revenue through Adwords (paid keyword ranking) and this is a great way to generate traffic and earn money quickly, but unless you’ve got a huge SEO budget it’s not always the best way to move forward. Adwords will get more and more expensive as more and more content is created for each keyword, but SEO snowballs and helps you grow.In the next section, you’ll learn about using keywords to develop content that your audience finds. Read on!How do you develop organic content that gets in front of your customers?To develop organic content that successfully gets in front of your audience, you need to conduct keyword research, a major part of SEO.Use tools like Ahrefs (the seven-day trial and downloading of keywords for future use is enough if you have one blog) to do your keyword research, being sure to target long-tail keywords. You’re going to have a lot more success ranking for “how...
Thinking of Your Side-Hustle/Business as an Asset
Mar 27 2020
Thinking of Your Side-Hustle/Business as an Asset
When deciding to turn your side-hustle into a legitimate business, there are so many unknown variables that can sometimes drive you away from accomplishing it. Today, WTR welcomes Luke Peters, an expert in building wealth and a successful entrepreneur. In this podcast, we will discuss how side-hustling brings about a large amount of freedom and how to transform your side-hustle into a legitimate business with value.Luke PetersWebsitehttps://www.instagram.com/newairusa/Website #2https://podcasts.apple.com/us/podcast/the-page-1-podcast/id1478811133Website #3https://www.newair.com/LinkedIn URLhttps://www.linkedin.com/in/luke--peters/Facebook URLhttps://www.facebook.com/newairusaInstagramhttps://www.instagram.com/newairusa/NOTES:[00:28] Kevin: Today, we're joined by Luke Peters. What we're going to be talking about today is thinking of your side hustle/business as an asset[02:22] For some people that side hustle becomes, like Luke here, legitimate business in their way of life[02:32] Can you talk a little bit more about where you came from and what inspired you to get to where you are today?[02:40] Luke: My parents had always worked hard and always taught us to work hard (I got a good work ethic from my parents)[03:10] An inspiration is that once you have a business, you kind of realize that you have more stability in a sense (you're in charge of the risk versus being an employee)[03:22] And I enjoy the freedom, I'm not someone who likes to follow a lot of rules[03:48] Everyone can be in business, you don't have to be just one type of individual[04:14] Hiring good people is the best thing now. The sooner your business is making enough money to hire good people, good people are going to drive your business[04:27] Kevin: Do you find that in today's world it's a little easier to outsource tasks (ex: Fiverr)[04:55] Luke: For sure, in today's day and age you can do that, but you have to weigh both sides of it. You don't want to outsource things that are not making us money in the beginning[05:15] You hire locally for the high-level talent (where experience makes a difference) and you outsource the tedious things you don't need to do locally[05:30] Kevin: There's also the flipside to this and that is when you're starting out your side hustle, you're doing all those tasks and a lot of people say it's good that you do them in the beginning in order to learn it first. When you understand it better, you can outsource it better[06:27] Let's talk a little bit more about why would our listeners want to change their mindset of thinking about what they're doing as a side hustle into a legitimate business?[06:40] Luke: Let's first back up and look at employment. The days of people staying with the company their whole working lives is past us now and it is a very competitive world[08:01] When you work for someone else, first of all you need to be motivated (flexibility to make their own decisions)[09:23] Is there free time
Hedging Your Future With Real-Estate
Mar 19 2020
Hedging Your Future With Real-Estate
What happens when you do not take the steps to adequately research what you want to invest your money in? Making a plan and really becoming aware of the deal you might invest in could lead you to avoid future problems with investment. Today, WTR welcomes Rodney Miller, co-founder of Trident Multi Family, a real estate investor, and an entrepreneur. In this podcast, we will be discussing what to look for in a good deal and how to increase your wealth by hedging your future with real-estate investments.Investing is a great way to build wealth, especially when it's something you are passionate about.Ingenious tactics to accumulate wealth, for people who see things differently.Rodney MillerCo-founder of Trident Multi-Family, real estate investor and entrepreneur.Websitehttps://www.hallmarkhomebuyers.com/Website #2http://mwcapitalgroup.com/Website #3http://www.thebrooksclinic.com/LinkedIn URLhttps://www.linkedin.com/in/rodneymiller/Facebook URLhttps://www.facebook.com/rodney.miller.5201?ref=bookmarksTwitter URLhttps://twitter.com/rodney1924YouTube URLhttps://www.youtube.com/user/HallmarkHomebuyersNOTES:[00:26] Kevin: Today, I'm joined by an expert guest Rodney Miller. Today we're going to talk about hedging your future with real estate[01:02] Rodney is the co-founder of Trident Multi Family and he's a real estate investor and entrepreneur. Would you mind sharing with us a little bit about where you came from and what inspired you to do what you do today?[01:23] Rodney: I got a degree in business and worked as a claims adjuster for a few years. I purchased into a business in Oklahoma. I wanted to think about my legacy and my kinds so I started buying real estate[02:20] Real estate is a fun business and you can do it on your own time out of your house and can do very well at it with a very minimal amount of time (something you don't necessarily need to retire from)[03:29] Kevin: If you keep a purpose going, it keeps your mind and body active and it keeps you healthy and happy and you have a longer quality of life (whether it's real estate or you have a great hobby that you enjoy)[03:42] Rodney: You should always be learning and always be challenged. I think when you stopped being challenged, you start cognitively slowing down (you have to do something that ignites your passions)[04:06] Kevin: We're going to talk about your passion, which is the real estate, so our listeners can get a little more information on how to hedge their future, help them (should there be a downfall in the market). As a disclaimer, we're just giving information so our listeners are better informed and so they can do research and decide what is best for them on their own. So the Multi Family Syndication, why that?[04:42] Rodney: Well I started off with single-family homes and then around 2008 when the markets crashed, I had about...
Scaling Your Business, A WTR Discussion With Frank Bria
Mar 13 2020
Scaling Your Business, A WTR Discussion With Frank Bria
Often times, many people are hesitant to scale their business either because they think they can’t do it, or because they believe that the way to scale is to become a software company or a digital course company, for example. But the change starts with a change in mindset, and if the founder isn’t willing to grow, then how can the company grow? Frank Bria, book author and founder of High-Ticket Programs, joins WTR today. In this episode, we will be discussing three major roles that you need to “fire yourself” from, and how you could benefit from hiring team members to take over in order to drive a bigger version of your company.Ingenious tactics to accumulate wealth, for people who see things differently.Frank BriaBook author and founder of High-Ticket Programs, a consulting firm that helps business scale.Websitehttps://frankbria.comLinkedIn URLhttps://linkedin.com/in/frankbriaFacebook URLhttps://facebook.com/7figuresexpertNOTES:[00:27] Kevin: Today I'm joined by our expert guest Frank Bria. You will learn how you can scale your business even if you think you can't and especially if you have a service business. You will also learn how you can turn your business into an asset, the steps it'll take to be able to operate your business without you there, and the personal transformation journey you'll have[01:28] If you wouldn't mind sharing with our listeners about where you came from and what inspired you to do what you do today[01:47] Frank: I started out my businesses in tech and in finance and developed a bit of expertise, so it was just natural to have a consulting practice and it took me all over the globe[03:07] I knew I had to begin transforming what I built[04:06] Kevin: Why don't we start talking about the scaling of your business and transforming it through that to an asset[04:13] Frank: So the theoretical definition of scale is that when you get a new customer that you don't have to spend any more time (that's perfect scale)[04:31] Not everyone reaches perfect scale, but that's what we're going for[04:37] The thing you have to do is to remove yourself from the process ("fire yourself")[05:00] If you think about where you are involved in your business, there's probably 3 major areas that right now you're taking the roll and you have a hard time seeing someone else doing it[05:11] Sales and marketing[05:30] How do I generate leads and how do I close them without me?[05:34] Customer delivery[07:02] You have to find a problem and solve it (narrowing it down)[08:53] You want to hire an intrapreneur (same desire to build but they're willing to do it in your vision and structure and not for themselves)[10:50] Intellectual property (the hardest thing to move off)[11:42] These three things are so important because if I'm going to come in and buy your business, those are the three systems I'm going to be looking for[15:10] In terms of the e-myth, the core message is that there's a difference between someone who runs a business and someone who is a practitioner and a lot of times service businesses start with practitioners who want to start businesses[15:22] The overall flow of the e-myth start with you have to decide which of those two things you want to be (if you...
Story Telling; A WTR Discussion With Paul Smith
Mar 5 2020
Story Telling; A WTR Discussion With Paul Smith
Before today, you might have not realized the importance of storytelling. How can storytelling relate to building wealth and leadership skills? Today, WTR discusses the importance of storytelling with Paul Smith, an author and speaker who has an expertise in storytelling. This podcast will uncover the steps that are necessary to help engage your audience while you are communicating your story, along with the most important stories that any leader needs to be able to tell.Ingenious tactics to accumulate wealth, for people who see things differently.Paul SmithWebsite: http://www.leadwithastory.comWebsite 2: http://www.kennytedford.comLinkedIn: https://www.linkedin.com/in/smithpa9/Facebook: https://www.facebook.com/LeadWithAStory/Twitter: https://twitter.com/LeadWithAStoryYouTube: https://www.youtube.com/user/LeadwithaStoryNOTES:[00:25] Kevin: Today, we're joined by guest Paul Smith, whose expertise is storytelling. Specifically, storytelling that has to do with you in your life and your profession and relationships. Stories are great ways to convey ideas and get messages across clearly to people in ways that people can relate to you and understand you[01:38] If you wouldn't mind, could you tell our listeners a little bit about where you came from and what inspired you to do what you do today?[01:57] Paul: I studied economics in undergrad, got an MBA, and spend a couple of years as a consultant. But along the way, I just got fascinated with this concept of storytelling and I just recognized that the leaders that I admired the most were really good at it[2:36] I set out to learn about it myself by interviewing a bunch of leaders (about 300) and this has allowed me to reverse engineer my way into what works and what doesn't with storytelling (this lead to books I've written)[02:57] I research and write about storytelling at home and at work and I spend my time teaching people how to do that[03:20] Kevin: Let's go into the storytelling part of this and why storytelling? What's really in it? What is it do for our listeners and why should they care about this?[03:30] Paul: There are a lot of reasons, but the most important to me are:[03:34] Human being don't make the rational, logical decisions that we'd like to think that we do[03:43] Human beings often times make subconscious, emotional decisions in one place in their brain, and they rationalize those decisions a few nanoseconds later in a more conscious, rational thinking part of the brain[04:18] Storytelling allows you to talk to both parts of the brain and you need both. So if you want to influence what people think, feel, and do (leadership), you need to speak to both parts of the brain[04:38] Stories are a lot more memorable and people tend to remember what you say more[05:13] Kevin: I remember some expert said that the brain thinks in pictures, and when you tell a story, a person gets a picture of what's happening in their mind and maybe that's one of the reasons why it sticks with people[05:39] Paul: When you're just telling people what to do or what to think or just bossing them around, there's no movie to watch in their mind's eye[05:52] Kevin:
Demystifying Medicare; A WTR Discussion With Danielle Roberts
Feb 25 2020
Demystifying Medicare; A WTR Discussion With Danielle Roberts
A lot of people don’t know what Medicare really is. You might know that it’s a form of health insurance provided by the federal government, but do you know the specifics? If you start doing your research early, it could benefit you in terms of you knowing what your options are and how much you really should be saving in retirement that would go toward health care. Today, WTR welcomes Danielle Roberts, Medicare expert and co-founder of Boomer Benefits. In this episode, we will be discussing the difference between Medicare, Medicaid, and long-term care, and why starting to think about this process sooner, rather than at the last moment, could be a significant weight off of your shoulders when it comes time to applying for Medicare.Ingenious tactics to accumulate wealth, for people who see things differently.Danielle RobertsMedicare expert and co-founder of Boomer BenefitsWebsite: https://boomerbenefits.comWebsite 2: https://daniellekroberts.comLinkedIn: http://www.linkedin.com/in/daniellekunkle/Facebook: http://www.facebook.com/BoomerBenefitsTwitter: https://twitter.com/BoomerBenefitsYouTube: https://www.youtube.com/boomerbenefitsNOTES:[00:27] Kevin: Today I'm joined by Danielle Roberts, and we will be talking about demystifying Medicare. Would you mind sharing with us a little bit about where you came from and what inspired you to do what you do today?[01:20] Danielle: I was a person that went straight into a business job out of college and worked in the staffing field for about 10 years, and then I was looking for the next thing to do[01:35] I stumbled across an insurance interview and I went and learned all about health insurance and really enjoyed that concept for a business model because you get to help people and can earn a nice living from[02:07] I originally worked with people on doing group health insurance and helping small business owners set up for coverage[02:49] Eventually I came to the idea that people must really need information on Medicare because people keep asking about it[02:58] It's a huge national beast of a health insurance program so no wonder people are confused[03:20] I went into learning about Medicare and went out and got a couple of designations and studied it for a few months until I really understood what it was and then we started offering those services[03:45] We now solely help people who are trying to transition into Medicare and make that big life change from employer coverage over to government coverage[04:30] Over the years, my brother and I have sold those policies ourselves in the beginning and then we ended up needing help and now we have 57 employees who work full time explaining Medicare to people all around the nation (making it into something you can understand)[05:09] Kevin: Let's talk about what Medicare is and a little bit about what it isn't[05:14] Danielle: Medicare is the federal government national health insurance program for people age 65 or older. When you turn 65, you are eligible to sign up for health insurances provided by the federal government instead of, or along with, your employer health coverage[05:43] Because it's an entitlement program, it's...
Business Strategy for Building Wealth: A WTR Discussion With Alison Vidotto
Feb 13 2020
Business Strategy for Building Wealth: A WTR Discussion With Alison Vidotto
Statistics show that a lot of small businesses fail within the first few years of operation. The reason for this can be due to several factors, but for the majority of people, a system with certain goals for the business is not set in place yet. For the amount of effort entrepreneurs put into their business, they should be creating wealth, and this podcast episode is tailored to help people be more successful in their business. This week, WTR welcomes Alison Vidotto, expert strategist and CEO of Vidotto group and Push business training and mentoring. We discuss the six key areas of business that once strong, will achieve the perfect small business formula for success.Ingenious tactics to accumulate wealth, for people who see things differently.Alison VidottoBusiness strategist, CEO of Vidotto group and Push business training and mentoringWebsitehttps://pushbusinesstraining.com/Website #2https://alisonvidotto.com/LinkedIn URLhttps://www.linkedin.com/in/alisonvidotto/Facebook URLhttps://business.facebook.com/Push.Small.Business.TrainingTwitter URLhttps://twitter.com/alisonvidottoYouTube URLhttps://www.youtube.com/channel/UCVckXjp6DVFc6XT0zs9513wNOTES:[00:26] Kevin: Today I'm joined by Alison Vidotto. We are going to be talking about business strategy for building wealth. Alison is a business strategist, CEO of Vidotto group and Push business training and mentoring, so she has a lot of background in business strategy[01:23] Alison: The purpose behind my business is to help small business owners to not fail because the failure statistics of small businesses are quite staggering. An enormous number fail within the first few years (50% within the first 3-5 years, 70% within 10 years)[03:31] Kevin: Would you mind sharing with us a little bit where you came from and what inspired you to do what you do today?[03:41] Alison: My husband and I set up our business 25 years ago, but we both worked as consultants[04:13] In 2010, I actually quit my teaching career and I took over the business full time (explosive growth)[04:28] I actually studied for an MBA to make sure I had the skills that I needed in order to run the business properly[04:35] When I was doing a project for my MBA, I came across these statistics[05:17] Kevin: If you put your heart and soul into a business and then you lose it, it's like your world is gone[05:29] Alison: I studied the MBA and from there I established Push because I wanted to work with small business owners to change those statistics[06:05] We were having a business near death experience, and we used strategies[06:28] I want to change statistics for small business owners and strategically, I really believe that they can do that and they can build wealth[07:00] In Australia, over 60% of small business own less than $200,000 in revenue (before rent, wages, stocks, insurances)… That's not wealth[07:21] Kevin: You're right. And it's also hard because those people are relying on their business and most likely it's...
5 Key Points For You To Think Differently About Managing Your Money
Feb 7 2020
5 Key Points For You To Think Differently About Managing Your Money
Have you ever wanted to become better at managing your day-to-day money in order to help prepare you for success? Maybe you have a large amount of debt and don’t know how to figure out a better way to manage your money. It all starts with a mindset shift. Today, WTR welcomes Linda Hannon, the founder of Real Family Finance, which provides online classes to teach women how to manage their money. In today’s podcast, we will be discussing 5 key points to thinking differently about managing your money. This episode will ultimately help you with making a plan to manage your money and build more wealth.Ingenious tactics to accumulate wealth, for people who see things differently.Linda HannonLinda is the founder of Real Family Finance, online classes to teach women how to manage money.Websitehttps://realfamilyfinance.com/LinkedIn URLhttps://www.linkedin.com/in/lindahannon/Facebook URLhttps://www.facebook.com/RealFamilyFinanceYouTube URLhttps://www.youtube.com/channel/UCK-aKdi0Jn-5EKDyfKmI7MwNOTES:[00:27] Kevin: Today we're joined by Linda Hannon, the founder of Real Family Finance which is online classes to teach women how to manage money. If you wouldn't mind sharing a little bit about where you came from and what inspired you to get to where you are today.[01:02] Linda: I was in the corporate world for over 30 years[01:10] I used to specialize in companies that were in distress (crisis management)[01:36] Like a lot of people, in my early 20s I felt like I had not been taught how money works, and even though I did it for a living, I did not get my personal finances under control[04:30] I went on a mission on how my personal finances worked, and I had an advantage due to the accounting background, but it was hard[04:44] Took classes but the classes only covered a piece of something, not the whole thing[05:02] In accounting, they didn't teach how to manage your personal finances or how to budget. They would teach you how to count money that came in, but they wouldn't teach you how to proactively plan[05:42] It took me years and a lot of mistakes along the way before I figured it out, but I eventually came up with something that worked for me[05:56] I was at a networking event and a woman asked me: Do you do for people what you do for businesses?[06:28] I started teaching live classes and took off from there[06:32] I was amazed to realize that no one knows how money works, there are no resources[06:38] Kevin: There really isn't. It's one of the reasons for this WTR podcast and that there needs to be more coaches out there[06:44] To help you understand what the tactics are on how you manage your money[07:14] Linda: I think we both talk about the same thing and that is that you can't think in pieces, you need to have a fundamental base to work from and then there's a place to drop the pieces into[07:25] If you don't have that fundamental base and a fundamental plan, then nothing is going to work or it's going to be very painful[07:36] Kevin: Hope is a great thing to have, but it's not a plan[07:42] Linda: As we both know, one of the big factors for...
Less Stress, More Profit: A WTR Discussion With David Richter
Jan 28 2020
Less Stress, More Profit: A WTR Discussion With David Richter
A lot of people are not aware of the financial side of their business, which can lead to mismanagement of money and a lack of factoring in essential costs that are linked to your business. Do you know where everything is going in your business and your current numbers? WTR welcomes David Richter, the simple CFO. In today’s episode, we will discuss how you can recession-proof your business and make more profit along the way.Ingenious tactics to accumulate wealth, for people who see things differently.David RichterWebsitehttps://simplecfosolutions.com/Website #2https://simplecfosolutions.com/recession-proof-business/Website #3https://simplecfosolutions.com/apply/Facebook URLhttps://www.facebook.com/thesimplecfo/NOTES[00:27] Kevin: Today, we're joined by guest David Richter, who is the simple CFO. What we're going to talk about today is something we call Less Stress and More Profit, and how we can recession-proof your business for all the entrepreneurs out there and anyone who's a manager[01:08] Would you mind giving our listeners a little bit of background about where you came from and what inspired you to get to where you are today?[01:16] David: Sure. When I was in college, I read "Rich Dad, Poor Dad" and that unlocked a big portion in my mind (my mindset completely shifted)[02:07] Even though I was working a 9-5 job, I was learning a lot of entrepreneurial skills and I got to see a different side of things which was really neat. It wasn't just coming in and putting your head to the grindstone and there's all these rules and regulations, it was more like coming in and how can we create profit today and what can we do to push the company forward?[03:02] I came to Richmond and worked with another investor and that's when I took the lead into entrepreneurship because I saw a lot of people I was working with who didn't really know their numbers, where their profit was going to, what their profit even was, etc.[03:25] I saw the biggest need there and I wanted to fulfill that need[03:46] Kevin: You touch upon one thing, there's a need out there for what you're doing. At WTR, one of our core beliefs is that there's more to be had by first plugging holes before you go chasing rate of returns in regards to your money and how you manage it. There's places people lose money and they don't know that they're losing it and it's the same thing with business[04:19] Let's start talking a little bit more about profit[04:26] David: A lot of people have read "The Richest Man in Babylon" and it has a lot of good financial principles in there, and one of them is pay yourself first[04:59] Entrepreneurship gives you that opportunity to say "hey, I can set up different accounts and I can make sure that every single dollar that comes into my company is a portion to different accounts, whether that be income or saving for your taxes at the end of the year."[08:48] Kevin: Let's try to make a list here for our followers to follow. If they want to have less stress and more profit, what do they do next?David:[09:00] Knowing where everything is going and opening up those different accounts (income account, tax account, owner distribution