Sinopse
Mel Abraham from The Entrepreneur's Solution reveals all of his business and entrepreneur building strategies. Discover how to design, create and build your business so it gives you the life and lifestyle you want. Mel believes that businesses are started to create community, support society and live your dreams. It is all about creating a life of freedom and peace of mind. Mel is a CPA by education but an entrepreneur by exhilaration and a true believer in the entrepreneurial way of life. It is through entrepreneurship that we create community, support society and live our dreams. It is where possibility meets reality again and we can bring our dreams out of the darkness and breath life into them again. Mel has built, bought and sold successful businesses for decades and is currently a strategic mentor and board member for many businesses. As Founder of Business Breakthrough Academy he’s a committed advocate for the entrepreneurial way and provides real education, to real entrepreneurs for creating a real life! Actionable strategies for entrepreneurs, solopreneurs and other businesses.
Episódios
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077 Millionaire Money Habits That Matter
25/07/2022 Duração: 36minIt’s been said many times that our habits create our life, which is why we need to have positive habits if we want to achieve positive results for our future. But our habits can also lead us down a different road and create negative results. The impact of habits is true in every area, especially when it comes to money and protecting our financial freedom. If we want to, we all have the capacity to change our lives. Doing better –thus being better– goes beyond our words, it comes down to our will. We need to be willing to put in the work and the time to BE better, and that's where our habits become crucial: they define what we do and how we do it. Changing our habits, however, is not an easy task. That’s why in this episode I'm sharing the six steps you can take to start changing your habits in a positive way that will lead you to financial freedom. Once there, I want to give you 15 habits that every millionaire has that have helped them achieve that financial freedom.Today our conversation includes:
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076 How Money Can Strengthen Your Marriage With Corinne Acampora
21/07/2022 Duração: 57minHow to talk about money with your spouse can be a challenge to say the least and often ends up in fights. Let's face it the #2 cause of divorces is money.But it doesn't need to be that way. My guest (Corinne Acampora) reached out to me in a DM after listening and following the show to tell me how it completely changed her and her husband's money conversations. Instead of creating divisiveness or stress, it brought them closer and deepen their connection to their purpose and vision for their lives together.We have an exciting conversation about their journey and what you can do to bring the same into your life. In fact, it has inspired them after 20 years together to book a second honeymoon.What You'll Get In This Episode:- How they found the way to navigate to a life of richness - How to come together on money after 20 years of being on the sidelines- Juggling business, job and kids while keeping the relationship strong- Creating a life of affluence based on value and values
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075 How to Avoid Risk in Investing
18/07/2022 Duração: 26minToo often we focus primarily on the return we can make when looking at investments. I know I did that many times but investments and any transaction for that matter can’t be made solely on the possible returns you may get.Here’s why…The return of an investment or your portfolio ALWAYS needs to be made in the context of the risk you are willing to accept to make the investment. When we ignore the related risks we stand to get hurt financially by making decisions that are far riskier than we might have planned or imagined.Every choice that we make comes with a risk, and our capacity for risk is not constant -- it changes over time and it’s affected by our unique circumstances. That’s why we need to understand how to avoid taking unnecessary risks.In this episode, I break down the components of risk and what you need to specifically consider for your investments and your portfolio. You’ll learn about three pillars that are important when evaluating your risk capacity, and how you can make decisions when looking
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074 From Struggling to $1.5 million
14/07/2022 Duração: 01h06minWhat does it take to go from struggling to clothe your children to a million, half dollar business? Well, in this episode, the Affluent Entrepreneur Show, we're gonna have a conversation. With a friend Josh codes, we're gonna have a conversation because this guy, his story is incredible. He was struggling financially. He had a newborn that needed heart surgery and the ahas, the enlightening moments and the journey to wealth, the journey to entrepreneurship and how he did is in this show. So I look forward to seeing you in the episode, check it out. This one's a big one. Cheers!What You'll Get In This Episode:- Why working harder isn't the answer to a richer life. - Why every decision is an investment- How to face your demons- Breaking the cycle of bad money habits
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073 This Will Change Your Life (Are You New Here?)
11/07/2022 Duração: 29minIf you’re new here, it’s a pleasure to meet you! My name is Mel Abraham, and I want to help you change your life, to create a future that you can be proud of, and have the freedom to spend time with the ones you love. I'm here to help you navigate the sea of financial uncertainty and help get the calm that you need to find peace. Starting the journey towards financial freedom is not easy. There are obstacles that you will face, conversations that you’ll need to have with your family about money, and where you all want to go to achieve the financial freedom that you deserve. I'm here to help you realize that we don't want wealth just for the sake of it, but we want the time that wealth can give us because what makes us rich is not the money that we have in our accounts, it is the positive impact we have with the people around us. Today our conversation includes:What is the reason for my podcast? Why is financial freedom so important? The best episodes to get you started in this affluence journey
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072 What to Do When Your Financial World is Crumbling (With Brandi Mowles)
07/07/2022 Duração: 56minHave you ever felt that you had a grand plan and everything was going to be incredible, only to have it all come crumbling down?Well that is exactly what happened with Brandi Mowles. She was a bright law school student that had a huge future. She got the entrepreneurial bug at an event she attended and jumped into the game.Unfortunately, she found out really quickly that making sales wasn’t the same as building wealth. It wasn’t the number that mattered. Ultimately, she found herself deep in debt, upside down and staring at bankruptcy.Yet, once she understood true money and wealth principles she went from bankrupt to building their dream home and being a successful entrepreneur in a matter of 3 years. She spills it all in this episode. If you’re struggling, or ever struggled or looking to hear from someone that has travel the road from despair to elation, take a listen to this episode.Today Our Conversation Includes:How a single conversation lead to paying off $130,000 in loansHow she learned that making sale
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071 Is Gold Safe?
04/07/2022 Duração: 27minWe have always talked about making safe investments and the importance of assessing risks before making those investments. As we’ve discussed, some investments create continuous cash flow, while others increase their value over time, giving us a profitable return. One of those investments is gold. However, there’s a risk of investing in gold: its volatility. Its value could go up or down depending on public demand. If you decide to add gold to our portfolio, you must do it in a safe way, because not every portfolio has the need nor the space for it. In this episode, I want to discuss some reasons that make gold a valid investment idea and how you should approach it safely without jeopardizing your financial future. Today our conversation includes:5 reasons why people are attracted to gold.Why is gold seen as a commodity?Why is gold so volatile?How to add gold to your portfolio? Resources mentioned:Ep 64: Three Investments You Need to Build Wealth Ready to set a solid financial foundation?Join the 7 Day Money
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070 How Are You, Really? with Jenna Kutcher
27/06/2022 Duração: 29minHow are you really? This is a big question that most don't ask often enough. Because we don't ask it often enough, we can find ourselves living a mildly miserable life or a life that isn't fulfilling us the way we want. In fact, this is where a lot of burnout and overwhelm comes from. Today’s guest is my good friend Jenna Kutcher, the host of the Goal Digger Podcast, one of the top podcasts around business, marketing, and how to chase bold dreams. In this episode, we’re discussing her new book: “How Are You, Really?”. Jenna describes this book as an answer to how to wake up to your life, redefine success, and come home to yourself. It will help you explore questions such as: How do you find happiness? How do you find that enrichment in life beyond chasing material possessions? Because that is always the ultimate goal: to enrich your life beyond money. This episode will help you realize that it’s never too late to find what you are really passionate about, and how creating something you love an
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069 Should You Convert Your IRA to a Roth IRA?
20/06/2022 Duração: 19minWhen thinking about our financial future we want what is best for us and our family. For some people, this looks like creating retirement accounts that can help their money grow over time. These accounts come in different types and have different benefits. And in every wealth plan, there’s one thing you can’t avoid…taxes. Taxes are simply a part of every financial journey BUT your job is to only pay the amount you are legally required to, not one penny more. Considering that tax rates could approach 50% or more depending on the state you live in, it isn’t a decision to take lightly. But what if you could have a portion of your retirement or wealth be completely tax-free? Cool idea, right? That’s effectively what a Roth is. No tax deduction when you put money in AND no taxes on any amount when you withdraw it (after age 59 ½) on any of the growth or the contributions. Some people already have an IRA, or a different type of account, and they’re trying to figure out if making a conversion to Roth IRA is the best
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068 It's Time to Quit Your Job
13/06/2022 Duração: 36minIf you’ve been listening for a while, you know that I believe that multiple streams of income are no longer a luxury, but a necessity. If you’re on this journey already, wanting to accelerate your path towards wealth by diversifying your income, then this episode is for you. It’s also for you if you want to finally be in control of your financial future. Now, finding the right path towards a desired goal takes intentionality. We need to think about what we do, and how we are doing it, and avoid taking uncalculated risks. This means making a conscious effort to favor commitment over impulsivity. In this episode, we are going over three different pillars that will help you quit your job and go full-time on your business, or transition from one business to the next. This plan will allow you to stay committed to your wealth creation and, over time, have that cash flow and the financial freedom that you deserve. Today our conversation includes: Three pillars that will help us make our transition out of a job, to a
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067 Three Investments You Need to Build Wealth
06/06/2022 Duração: 29minBuilding wealth is not an easy road. There are steps, paths that you have to take and you have to know how to do it safely without jeopardizing your future and your family's future. Knowing what to invest in and how to do it is a very important part of the road toward building wealth. In order for us to get our financial freedom, we have to identify good investments and how to approach them. So, in this episode, we are going to talk about how to choose investments and how to look at them in a way where we can know exactly what that investment is doing for us so we can start building our money machine to create the life we always dreamed of having. Today our conversation includes: 3 investments that you need to have in your portfolio.Real estate as a growth investment.How to approach investments knowing what they are going to do for you in the future. Resources mentioned: Download The Affluence Blueprint™ Graphic (Three Pillars of Affluence)Ep 025: How to Invest in Index Funds or ETFsEp 009: Why Assets a
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066 Keys to Profits & Wealth Online ft. James Wedmore
30/05/2022 Duração: 01h30minMaking choices during uncertain times is not easy, however, nothing that is worth your time is easy, and this becomes especially true when you feel like you're stuck not following your dreams. That's why creating an online source of revenue is so important. Having a second or a third income is not a luxury, it is a necessity in the changing market we currently have. This is about your financial security and your family's financial future. Getting your dream job is possible, but you have to be willing to work and put in the effort that is needed. Channeling those efforts towards the online world will help you reach more people while you prioritize your safety and fulfill your personal goals. In today’s episode, James and I are sharing some ways and steps you can take to achieve wealth through an online business, so you can start doing it right now. Today, our conversation includes:What is the importance of a digital product?How to approach life when things look difficult.How to identify what w
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065 What You're Missing For Financial Freedom
23/05/2022 Duração: 27minThe road towards financial freedom is not an easy one. It will be filled with work, time, resources, and, especially, patience. We want to have an affluent lifestyle, and in order to achieve it we first need to know what we want and then make our way, step by step, towards it. One of the first things we need to know is where we are going. We need to have a vision that sets the roadmap. Then, we must identify what we have and what we don't, and what we can do to get it. That is why getting financial education and talking about money with your family and advisors is important. We cannot be afraid of the “money talk”, and we need to have it early on. We can't wait for an impossible situation to have the talk, we need to be prepared. So, hopefully, in this episode we can figure out what's missing from our Affluence Blueprint™ and how to get it so we can achieve wealth and financial freedom. Today, our conversation includes:10 things we need to have in mind so we can work towards our financial freed
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064 How to Avoid Being Scammed
16/05/2022 Duração: 37minBeing able to financially protect your family is the most important thing you can do, but, sometimes, we as human beings make mistakes. We can forget to look for signs of danger and we can run into financial scams that could affect our family's future. As entrepreneurs, at times we think that we are indestructible and that no harm could ever come our way, when the reality is that we face the danger of being scammed every day, especially within the context of the online world. Remember that if you are to find financial freedom, if you are to create wealth, you need to understand how to avoid those scams. In this episode, we’ll discuss how to protect your legacy and your family’s legacy, how to understand the key warning signs that you should keep an eye out for, and what to do to avoid this danger and keep yourself safe. Today, our conversation includes:The top 10 psychological and emotional triggers that scammers use.The 10 steps that you need to follow in order to stay safe.The importance of always thin
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063 Do This Now In Case of a Recession
09/05/2022 Duração: 09minTalking about hard times is not easy, and neither is walking through them. So, in this new episode, we are going to talk about the inflationary process that we are currently going through and what to do if we enter a recession. Of course, there is uncertainty right now, and not knowing when or for how long this period will last, we have to be prepared by knowing which logical step will make the difference for us without jeopardizing our financial future. In this episode, I want to share the steps that I would take to make the best of the current situation we are facing. Hopefully, it will help you keep up with your plan towards the affluent lifestyle you want to achieve. Today, our conversation includes:What to do in the inflationary times we are leaving and how to face them.The steps to take to avoid being on a downturn without preparation.How to push ourselves when we are in a financial downturn. Resources mentioned: Download The Affluence Blueprint™ Graphic (Three Pillars of Affluence). Ready to set a sol
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062 Stop Sacrificing Your Family For Money ft. Elizabeth Hartke, Business and Leadership Strategist
02/05/2022 Duração: 53minChange always brings challenges, and I’d say that finding time to make your family a priority is one of the main ones. When you start moving towards a new job or when you start to work really hard for your dreams, it is not always easy to find a balance between what you love doing and the ones you love. In today’s episode I’m talking with Elizabeth Hartke, international Business and Leadership Strategist, and Founder of the Luminary Leadership Company and Podcast. She works to help entrepreneurial parents integrate success in business with legacy at home, and believes that you can have both without feeling split in two. It’s important to understand that when you are creating a new business, you have to bring your family with you. Involve them in every step and help them understand that you’re starting this new venture for their benefit too. You are working for your kids, your family, and like Elizabeth said, “we really want to breathe life into one of the greatest tools you have in your back pocket to raise y
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061 How to Pick Winning Stocks
25/04/2022 Duração: 34minToday’s episode is all about investing and some of my top strategies to find and analyze a company, so we can avoid gambling away our future. As I always say, we need to think long-term when it comes to investing. Long-term planning is one of the keys to the work we do in The Affluence Blueprint™. This is your path to the financial freedom that you are working towards.Now, it's important to remember that making your money work the right way is always going to take time. It involves educating yourself to understand what to look for in a company, in a business, or in a stock. But here's the deal, your future, your family's future, and your legacy are dependent upon you doing such work.There are a few different ways to analyze your options when it comes to investing, and to understand that if we're going to get a higher degree and a higher probability of success, we need to make decisions rationally and based on what we know about the company. Hopefully, in this episode, you will be able to
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060 How to Pay For College (UTMA, UGMA, 529, Roth IRA & More)
22/04/2022 Duração: 48minHow to Pay For College. Let's face it, education can be a costly pursuit. But did you know that it can literally cost you your financial future and freedom? There are so many options to pay for college AND bring our children along the financial literacy path to set them up for life. In this episode, I walk through much of what you need to consider. What You'll Get In This Episode: Why student loans can destroy youWhen to use an UTMA, UGMA account for your kidsThe risks of UTMA and UGMA accountsOther ways to teach wealth and create a college fund★★★ TAKE THE FINANCIAL LIBERATION ASSESSMENT ★★★Take this free assessment to see where you are on the path to financial freedom and what your next steps to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com★ RECOMMENDED VIDEOS FOR YOU ★If you liked this video, you'll love these ones:What To Do With Your Cash - https://youtu.be/voMnEcuFxIYGetting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZgOvercome Your Money St
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059 Forget Budgeting, Give Your Money a Job Instead
19/04/2022 Duração: 40minIn today’s episode we are talking about budgeting and the best way to create a financial plan that makes your money work with you towards reaching the affluent lifestyle you want to create. Budgets can get a bad rap, but when you understand the power of being intentional with your money, you'll see how this paves the road to your financial freedom. We're going to start by drawing the map from where you are to where you want to be - that place of financial freedom. Remember that your financial future depends on the choices you make today about your money, your behaviors, and your habits. The best way to ensure that you reach that ideal destination is to first determine what that destination looks like: decide what you desire most in life, and then create a strategic plan to achieve it. We need to choose how our money is going to be used, and a budget will guarantee that your dollars are going to where you intend them to go. The beauty of a budget is that it makes your money work with you towards
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058 Crypto Taxes Can Be a Ticking Bomb!
13/04/2022 Duração: 31min★★★ TAKE THE FINANCIAL LIBERATION ASSESSMENT ★★★Take this free assessment to see where you are on the path to financial freedom and what your next steps to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com★ WHY THIS EPISODE ★This is an area that can get people in a ton of trouble with the IRS and they don't even know it. The fact is that if you're invested or using crypto currencies, in all likelihood you have taxes to pay...but how much?What You'll Get In This Episode:When are cryptocurrencies non taxableWhen are cryptocurrencies taxableHow to qualify for a lower tax rate or even zero on cryptocurrenciesThe biggest mistakes that most people make★ RECOMMENDED VIDEOS FOR YOU ★If you liked this video, you'll love these ones:What To Do With Your Cash - https://youtu.be/voMnEcuFxIYGetting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZgOvercome Your Money Stories - https://youtu.be/QOPFrUtUaGo- Pricing & Getting Paid Your Value - https://youtu.be/4O