Podcasts about cpas

In this continuation of the Building Better Developers interview series, Kevin Adelsberger—owner of Adelsberger Marketing—returns to explore how businesses can refine their identity and message once the foundation is set. This episode focuses on branding and marketing fundamentals, uncovering what really drives connection, credibility, and growth. “Thinking about your brand and overall messaging is more important than color or font,” Kevin explains. “If your brand feels disconnected, no color will fix that.” The conversation moves beyond logos and design to the deeper work of communicating who you are and what you stand for—authentically and consistently. Branding: More Than Color and Fonts While many companies spend hours perfecting color palettes, Kevin challenges that mindset. He believes color psychology is largely a myth, with few industries where color directly affects success. Instead, businesses should focus on how their messaging and visuals align. Fonts, he adds, do have power. The right typeface can instantly signal tone—formal, playful, or high-tech—but only when used intentionally. “If you want to be a fun, crazy brand and your visuals feel stiff, no amount of color will fix the disconnect.” A strong brand reflects alignment: visuals, tone, and message working together to create trust and recognition. Keep Your Message Steady, but Your Website Fresh Kevin offers a balanced approach to maintaining your digital presence. Instead of obsessing over analytics or daily edits, he recommends structured consistency: Review your website monthly or quarterly for updates or broken features. Keep messaging steady, but stay alert for functionality issues like broken forms or outdated information. Focus on inbound marketing—making sure your brand is ready when customers come looking—then turn attention to outbound efforts like networking and content creation. “Most people never look at their website after it launches—that's a bigger problem than over-tweaking it.” Once your brand identity and message are established, spend more time sharing your expertise rather than endlessly adjusting pixels. Marketing Fundamentals for Beginners For entrepreneurs and small business owners who feel lost, Kevin recommends a few key resources to master branding and marketing fundamentals: Building a StoryBrand by Donald Miller — Understand how clear messaging connects you with customers. EntreLeadership by Dave Ramsey — Learn business and marketing principles from a leadership perspective. The Four Conversations by Blair Enns — Explore how to sell through consultative, relationship-driven discussions. Kevin also emphasizes simple, actionable steps: Define your competitive advantages and what makes you different. Create a one-liner that captures who you help and how. Avoid generic stock photos—real people and stories build trust. Feature your leadership team online; authenticity builds credibility. Learn from Competitors—Ethically Healthy competition can inspire innovation. Kevin encourages learning from peers and even collaborating with them. He participates in groups like the Bureau of Digital, a network of agency owners who share ideas without direct competition. “Artists steal,” Kevin jokes, “but the goal is to make other people's ideas better, not to copy them.” For those in established industries, he suggests finding professional or ownership groups—places where you can share, learn, and grow together. AI's Impact on Marketing and Creativity The conversation inevitably turns to artificial intelligence. Kevin views AI as both a tool and a threat—a resource that democratizes creativity while also reshaping industries. He points out the uncertainty around copyright, authenticity, and ethics, but admits that ignoring AI isn't an option. His team meets weekly to test new tools and evaluate where they can help. “We use AI to assist us, not replace us,” Kevin says. “It helps us work faster, but not everything it creates is ready for prime time.” From generating first-draft website content to creating AI voiceovers when budgets are tight, Kevin shows how these tools can fill gaps—without losing the human touch. Staying Grounded in a Changing Landscape Despite new technologies and shifting trends, Kevin's message remains timeless: strong branding is built on clarity, consistency, and authenticity. As the conversation wraps up, he reminds listeners that tools may evolve, but trust remains the core of every successful brand. “Stay human, stay honest, and keep refining your foundation.” A Little Background Kevin Adelsberger is the founder of Adelsberger Marketing, where they create work that grows their clients' businesses, in a culture that values their team and the Jackson, Tennessee, community. After founding in 2014, Kevin went on to be a co-founder of Our Jackson Home and host its podcast from 2015 to 2019.  In 2016, Kevin was recognized as an emerging leader by Leadership Jackson. Then, in 2017, Adelsberger Marketing was named the Emerging Business of the Year by the Jackson Chamber. In 2019, Adelsberger Marketing sold partial ownership to Alexander, Thompson, and Arnold, CPAs. In 2020, Union University recognized Kevin with the Distinguished Achievement in Arts and Media award.  Kevin currently serves on advisory committees for Leadership Tennessee and Jackson State Community College and is a board member for theCO in Jackson, Tennessee.  He also hosts a podcast about business in West Tennessee called 40×45.  Kevin lives in Jackson with his wife and business partner, Renae, and their two children. They are active foster parents and are involved members of First Baptist Church, Jackson. They are also some of the few to cheer on the Minnesota Vikings from below the Mason-Dixon line. #Skol Stay Connected: Join the Developreneur Community We invite you to join our community and share your coding journey with us. Whether you're a seasoned developer or just starting, there's always room to learn and grow together. Contact us at info@develpreneur.com with your questions, feedback, or suggestions for future episodes. Together, let's continue exploring the exciting world of software development. Additional Resources Online Communities and Marketing Protecting Your Brand and Avoiding Legal Trouble How to Succeed with Digital Marketing for Small Businesses Getting the word out, promoting your blog Building Better Foundations Podcast Videos – With Bonus Content

Ash welcomes Dustin Long of Big Sky Construction to talk about building dental offices from the ground up. Dustin brings decades of experience and shares what sets dental office construction apart from other building projects. He emphasizes the importance of a collaborative process that starts months before the first wall goes up, involving real estate brokers, CPAs, designers, and other professionals to ensure each practice fits both the client's immediate and future goals.They cover the full journey, from picking the right location and working through lease negotiations to tailoring the practice to match the dentist's vision and workflow. Dustin and Ash also discuss common pitfalls—like hiring non-specialized contractors—and how mistakes in pre-planning can lead to costly corrections and lost income. They stress the benefit of relying on specialized teams and trusted advisors throughout the process and share a story of a client who narrowly avoided disaster by sticking with dental-specific experts.To find out more about Dustin, you can connect with him at: www.BigSkyConstruction.com, email him at dlong {at} bigskyconstruction.com or call him at 206-259-0936.Key Topics Discussed:Importance of creating a seamless and enjoyable construction experienceThe critical pre-construction planning phase (6–9 months before building starts)Working with real estate brokers, CPAs, designers, and equipment repsAssessing existing spaces for suitability and hidden costsCustomizing design based on the dentist's present and future goalsDifferences between dental office construction and generic buildsRisks of using non-specialist or inexpensive contractorsImportance of precise measurements and planningFinancial planning, including working capital and lender selectionHow a team of specialized advisors can help avoid costly mistakesStories of clients who benefited from using dental-specific expertsThe value of study clubs and peer learning in the dental community

This week's podcast guest is Kimberly Ellison-Taylor, CPA/CITP, CGMA, the CEO of KET Solutions and former AICPA and Association of International Certified Professional Accountants chair. Ellison-Taylor joined the show from the National Association of Corporate Directors 2025 Summit earlier this week, where AI was the main topic of conversation. What else are corporate boards discussing? And how is the accounting profession faring on certain aspects of growing the talent pipeline? Ellison-Taylor has answers, along with a look ahead to AICPA events in November and December. Resources: Global Women's Leadership Summit (Nov. 10–12, Nashville, Tenn.) Digital CPA Conference (Dec. 7–10, National Harbor, Md.) What you'll learn from this episode: The priorities and top concerns of corporate boards, starting with AI. How the accounting profession and firms in particular are doing when it comes to “looking inward.” Why Ellison-Taylor says that ambition can be defined different ways by different people. More about her comment that “at some point, we all will be digital CPAs.”

Get your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7Do you keep telling yourself you'll rest when the work is done?That time never comes. Rest isn't what you do after the work — it's what makes the work go well.This episode breaks down eight kinds of rest accountants need, how to get them, and why your firm runs better when you stop running on fumes.…Link to full shownotes: https://www.businessstrategyforcpas.com/368…Want Pricing Essentials?If you feel trapped by your own accounting firm, it's not because of the work – it's how you've priced the work. Too many accountants are stuck in undercharging, overdelivering, and people-pleasing cycles. Break the pattern with my short PDF guide: 7 Pricing Essentials »It's free and you can read it in 5 minutes.I want to help you get your prices up without losing loyal clients.  …Want client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…FOUR ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenuePEAK FREEDOM COMMUNITY – $197/mogeraldinecarter.com/peak-freedomFor solo and small accounting firm owners who want to rise above the insanity of hustle-cultureDOWN TO 40 HOURS ACCELERATOR – $995/mogeraldinecarter.com/40For the overworked CPA at multiple six figures of revenue who is ready to stop working weekends, wants to implement overdue changes, and doesn't want to do it alone. You'll make progress faster and with more confidence. … Get your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7

Now that we are finding ourselves in the fourth quarter of the year, it's time to start wrapping up this year on a high note, and I'm here to guide you through the essential steps you should be taking in this last quarter.  If you are anything like me, these last three months of the year go by so quickly, and before I know it, January is here, the holidays are over, and it is back to business as usual again.  I try really hard to be as prepared as I possibly can be between both my personal life and my business during this busy time of the year, which is why I am covering what you should be doing in this fourth quarter early so that you can easily prepare for the end of the year.  If you want to go into the holiday season with less stress and overwhelm this year, being prepared in your business will be extremely important.  Being proactive will allow you to spend that extra time with your family and friends without feeling guilty about not working in your business.  In today's episode, I am walking you through some of the main items you should be thinking about during this last quarter of the year.  I'm helping you be proactive and stay on track so that you are able to not only close out your business this year with less stress but you'll also be able to enjoy your holidays and not be stuck at the office crunching numbers.  Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, let's make this the year that you are proactive in this fourth quarter so that you can truly integrate balance between your business and being at home with your family and friends this holiday season… Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community Schedule your Complimentary Stress Audit And Clarity Session, where we'll work together to create a clear and focused plan and overcome the obstacles that stand in your way so that you can move forward and immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

In this episode of The Accountant's Flight Plan Podcast, we sit down with Mike Schwarz, CEO of MyZone AI, to explore the evolving need for modern accounting firm leaders to adopt AI. In this episode, we discuss how AI is impacting the world and what the projected implications are for small business owners in every industry. There are some key strategies for implementing AI in this episode. We encourage you to learn about the ways it can help your business without becoming overwhelmed by it. Even just thirty minutes a day learning AI tools can add up to major advances in your accounting firm. Watch in the player above or listen through the player below to hear more!Timestamps:00:00-02:30: Introduction of Mike Schwarz03:10-06:45: Rethinking firm capacity and leadership challenges08:15-11:30: Building systems that balance efficiency and employee well-being11:40-13:10: AI as a catalyst for change in compliance and advisory work17:50-19:30: Leveraging AI for efficiency and expanding firm capacity23:15-25:00: Maintaining the human advisory touch alongside automation25:45-28:00: Leading through change and fostering trust in new tech28:00-29:45: The future of AI in predictive analytics and decision-making31:00-33:30: Advice for firm owners navigating transformation33:45-End: Closing thoughts and how to connect with MikeLink to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

Tax planning strategies can fall flat if financial advisors and CPAs aren't working together. Miscommunication, timing issues, and a lack of context can create friction—or worse, lead to missed opportunities or costly mistakes. Steven Jarvis is the CEO of Retirement Tax Services, a tax education and preparation firm that partners with financial advisors across the country to better serve their clients. Listen in as Steven explains how advisors can build trust with CPAs through proactive communication—not just sending over forms during tax season, but also giving context to planning decisions, providing year-end summaries, and getting ahead of major moves like Roth conversions or Qualified Charitable Distributions. You'll learn how aligning with CPAs as collaborative decision-makers can lead to better returns for clients and the potential for cross-referrals, and why timing conversations around a CPA's calendar matters.  For show notes and more visit: https://www.kitces.com/459

Are you worried it's too late to start building wealth? In this episode, financial expert Eric Mangold shares practical advice for late bloomers and anyone looking to secure their financial future. Learn why it's never too late to start investing, steps you can take no matter your age, and how customized strategies can maximize your wealth. Eric also covers tips for young investors and the importance of tax planning in a strong financial plan. Subscribe for more firsthand financial expertise and actionable advice!

On this episode of Pulse of the Practice, hosts Mo Arbas and Paul Miller get candid about the real trade‑offs between remote, hybrid, and in‑office work—especially inside tax and accounting firms. Fresh off the Oct 15 deadline push, they unpack client "last‑minute" realities, staff learning curves, and why knowledge transfer, mentorship, and relationship building often accelerate when people share the same room.Mo and Paul compare what's truly efficient remotely vs. what benefits from in‑person energy—brainstorming, training juniors, managing tough client conversations, and developing the advisory mindset that AI can't replace. They also discuss how shifting routine work to AI raises the bar on human skills: collaboration, judgment, and leadership.Takeaways:When hybrid beats remote (and why RTO is resurging)Turning deadline chaos into repeatable process improvementsMaking mentorship intentional so juniors level up fasterThe human edge in an AI‑accelerated firmIf you enjoyed this episode, follow/subscribe and share with a colleague. Got a topic you want Mo and Paul to cover? Send it our way.Keywords/tags: accounting firm management, hybrid work accounting, return to office 2025, tax deadline October 15, knowledge transfer accounting, mentorship in firms, staff training CPA firm, client management tax practice, AI in accounting 2025, advisory services development, remote vs in‑office productivity, brainstorming in person, culture in accounting firms, process improvement busy season, workload compression tax, professional development CPAs, leadership in public accounting, talent retention accounting, small firm competitiveness, Detroit accounting conversation, Business by Design firm insights, Pulse of the Practice podcast

Sometimes it's the smallest acts of compassion that create the strongest connections and shape entire communities. In this conversation, Alicia Gelinas, President and CEO of the Colorado Society of CPAs, shares her remarkable journey from a determined nine-year-old aspiring CPA to a respected leader guiding her profession today. Along the way, she reflects on the influence of her parents and mentors, the lessons of resilience from personal loss, and how fostering children with her husband deepened her commitment to empathy and patience in leadership. Alicia also offers valuable insights on money management, the role of professional organizations in personal and professional growth, and why embracing compassion can transform the way we connect and lead.Love the show? Subscribe, rate, review, and share! http://amyvetter.com/breakingbeliefspodcast

In this episode of Building Better Developers, hosts Rob Broadhead and Michael Meloche sit down with Kevin Adelsberger, owner of Adelsberger Marketing, to explore how small businesses can build success through branding basics. The discussion ties into the season's theme — Building Better Foundations — and shows how a thoughtful marketing strategy helps transform side hustles into thriving companies. Listen now to the full episode on Building Better Developers, available on Spotify, Apple Podcasts, and Develpreneur.com — and stay tuned for Part 2 of the conversation with Kevin Adelsberger. Starting Small: Branding Basics from Burritos to Business Kevin's marketing journey started with burritos — literally. While working at a nonprofit, he began helping a local restaurant with its marketing in exchange for food. That early “say yes to everything” mindset helped him gain experience and connections. “When you're starting out, the answer is often yes to everything,” Kevin says. “But that can spread you too thin.” This early phase taught him one of the first branding basics: you must start broad to learn, but eventually narrow your focus to your strengths. Developers, freelancers, and small business owners can take this same approach — experiment early, then specialize as your reputation and client base grow. Knowing When to Rebrand As side hustles evolve into established businesses, many entrepreneurs ask: Should I rebrand? Kevin's advice is clear — it depends on your audience. “If your new focus serves a completely different audience, rebranding makes sense. But if there's overlap, changing your name or logo might cost you valuable recognition.” One of the key branding basics is understanding brand equity — the value built over time through consistent visuals, messaging, and reputation. A name people know is worth protecting. The Four Branding Basics Every Business Needs Kevin shares his firm's framework for defining a complete brand identity — four elements that every company should eventually refine: Visual Identity – your logo, colors, and design style. Positioning – how you serve the market and what makes you different. Identity – your mission, vision, and core values. Messaging – how you communicate and connect with your audience. He notes that new businesses don't need all of these perfected on day one. Start with visual identity and positioning, then evolve the rest as your business matures. “You don't have to get everything perfect on day one. Start simple, then refine as you grow.” Avoiding Common Marketing Mistakes When asked about bad marketing, Kevin emphasizes that missteps often come from ignoring your audience. “If you're doing something just to brag and not to provide value,” he warns, “you're going to have a bad time.” A big part of branding basics is keeping your customers at the center. Test your messages, get outside feedback, and consider how different people might interpret your marketing. Kevin also highlights the danger of having too few perspectives — especially when creating ads or visuals. Diversity in feedback helps prevent tone-deaf campaigns and strengthens connections. Investing in the Right Visual Identity The conversation wraps with a discussion on logos — a key topic in branding basics. While giant brands like Nike or Amazon have iconic designs, Kevin explains that small businesses don't need to overthink it. “A good logo used well adds professionalism,” he says. “A bad one gets you confused with everyone else.” He recommends investing in a professional brand kit that includes proper logo formats, colors, and fonts. Consistency builds recognition — and recognition builds trust. Branding Basics for Long-Term Success The first part of the interview with Kevin Adelsberger reminds us that branding isn't about fancy design or big budgets. It's about clarity, consistency, and connection. Whether you're launching your first side hustle or re-shaping a growing business, mastering branding basics helps you build a foundation that lasts. A Little Background Kevin Adelsberger is the founder of Adelsberger Marketing, where they create work that grows their clients' businesses, in a culture that values their team and the Jackson, Tennessee, community. After founding in 2014, Kevin went on to be a co-founder of Our Jackson Home and host its podcast from 2015 to 2019.  In 2016, Kevin was recognized as an emerging leader by Leadership Jackson. Then, in 2017, Adelsberger Marketing was named the Emerging Business of the Year by the Jackson Chamber. In 2019, Adelsberger Marketing sold partial ownership to Alexander, Thompson, and Arnold, CPAs. In 2020, Union University recognized Kevin with the Distinguished Achievement in Arts and Media award.  Kevin currently serves on advisory committees for Leadership Tennessee and Jackson State Community College and is a board member for theCO in Jackson, Tennessee.  He also hosts a podcast about business in West Tennessee called 40×45.  Kevin lives in Jackson with his wife and business partner, Renae, and their two children. They are active foster parents and are involved members of First Baptist Church, Jackson. They are also some of the few to cheer on the Minnesota Vikings from below the Mason-Dixon line. #Skol Stay Connected: Join the Developreneur Community We invite you to join our community and share your coding journey with us. Whether you're a seasoned developer or just starting, there's always room to learn and grow together. Contact us at info@develpreneur.com with your questions, feedback, or suggestions for future episodes. Together, let's continue exploring the exciting world of software development. Additional Resources Online Communities and Marketing Protecting Your Brand and Avoiding Legal Trouble How to Succeed with Digital Marketing for Small Businesses Getting the word out, promoting your blog Building Better Foundations Podcast Videos – With Bonus Content

Have you ever noticed that the moment you reach a certain level of success, you immediately start striving for more? That feeling like no matter what you achieve, it's just never enough? Or maybe you've found yourself, despite working hard to build something amazing, sabotaging your own success, which starts to drain your time, energy, and focus in ways that make you wonder, 'Why am I doing this to myself?'  If this sounds familiar, I want you to know that you're not alone. Many of my clients experience the exact same thing.  Whether it's with weight loss, building a thriving business, creating financial security, or achieving personal goals. The challenge isn't just in getting there; the challenge is in learning how to be satisfied with what you've earned and created,  without feeling guilty, restless, or compelled to push yourself into even more chaos.  So, how do you learn to truly appreciate your achievements, honor your hard work, and feel that sense of satisfaction, all while continuing to grow and thrive in your life? That's exactly what we're going to explore today.  Let's dive in… Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community I'm inviting you to sign up for the free private podcast where I do a deeper dive into this topic on the Mastering Your Mindset Moments podcast for high-stress professionals: https://www.financialadventure.com/private Schedule your Complimentary Stress Audit and Clarity Session, where we'll work together to create a clear and focused plan for you to move forward so you'll immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

Join The Creative Finance Playbook Coaching Program & Learn Directly from Jenn & Joe:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://creativefinanceplaybook.com/wait-list?utm_source=zoom&utm_campaign=wlist⁠⁠In this episode of the Creative Finance Playbook Podcast, Jenn & Joe Della Fave sit down with Caleb (Creative TC) to unpack the RIGHT way to do creative finance deals like subject-to, seller financing, wraps, and rent-to-own—ethically, legally, and profitably.If you've ever wondered:Can I really take over someone's mortgage (subject-to) without getting burned?How do I avoid the due-on-sale clause?What's the difference between seller financing, wraps, and rent-to-own?What paperwork do I actually need to stay compliant?…then this is your playbook.What You'll Learn in This Episode:

Tired of hearing “value-based pricing” and still not sure how to price without working 80–hour weeks?In this episode, I cut through the hype and show you how to pick the right pricing tool for the problem you actually have.I walk through the October Pivot, share a simple one-price, two-payment option you can deploy fast, and how to batch-test prices to find your price ceiling.Fewer clients, saner workflow, same revenue – on purpose.…Link to full shownotes: https://www.businessstrategyforcpas.com/367…If you feel trapped by your own accounting firm, I can help you stop the chaos and end the long hours without losing revenue or hiring. Join 3000+ other CPAs who get my single-tip daily emails..Subscribe here: geraldinecarter.com/subscribe.Readers say they love it because they're short and on point.…Want client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…FOUR ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenuePEAK FREEDOM COMMUNITY – $197/mogeraldinecarter.com/peak-freedomFor solo and small accounting firm owners who want to rise above the insanity of hustle-cultureDOWN TO 40 HOURS ACCELERATOR – $995/mogeraldinecarter.com/40For the overworked CPA at multiple six figures of revenue who is ready to stop working weekends, wants to implement overdue changes, and doesn't want to do it alone. You'll make progress faster and with more confidence. …

Finding insights and strategies for streamlining your business operations and boosting your bottom line will include maximizing productivity with the workflows in your business.  Being efficient will save you time, and since we only have so much time each and every day, you want to make sure you are maximizing all the efficiencies you can in your business.  But have you ever thought that once you master your bookkeeping and other business workflows, you will also be creating a system that will be more accurate and reliable?  When you set up your workflows and follow them through, you will notice you are more organized, and you will even save time trying to hunt down paperwork that you know is in your office somewhere.  In today's episode, I discuss the benefits of finding a workflow system that works for your business. Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, in most cases, you don't even need to spend any additional money to get your workflows set up, you just need to create your workflow system and stick to it.  Once you have this down, you'll see just how easy it is to delegate tasks and ensure everyone is on the same page when it comes to getting work done.  I want you to take a minute to think about what you could be doing with the extra time you gain by having efficient workflows in your business…   Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community Schedule your Complimentary Stress Audit And Clarity Session, where we'll work together to create a clear and focused plan and overcome the obstacles that stand in your way so that you can move forward and immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

Brian Pearson is the President and CEO of American Benefits Exchange, a firm that designs and distributes insurance and annuity solutions for federal, military, and civil-service markets. In his role, he oversees agent recruitment, carrier relationships, and strategic growth. With nearly 30 years of experience in the insurance industry, Brian previously owned and operated Pearson & Associates, which specialized in servicing active-duty military members. In this episode… Most small- and medium-sized businesses focus on keeping up with tax deadlines, but few realize how much money they're leaving on the table. Misconceptions, overworked CPAs, and fear of audits cause many to miss out on tax credits and incentives designed to help them grow. How do you know which credits you qualify for? According to tax credit expert Brian Pearson, the answer lies in understanding the tax system. He notes that most accountants don't proactively bring credits to their clients and that changes in the law opened doors for small businesses — not just tech or pharmaceutical firms — to claim the R&D tax credit. Brian emphasizes the importance of documentation, preparation, and having a team ready to defend claims if needed. Proactive tax strategies can unlock growth, protect profits, and accelerate retirement planning. Welcome back to Destination Business Freedom as Pat Mancuso talks with Brian Pearson, President and CEO of American Benefits Exchange, about how tax credits fuel business growth. Brian explains why the 2026 tax deadline creates urgency for businesses, the culture of the accounting industry, and how to recover money through tax credits.

On this episode of the Woodard Report podcast, Heather speaks with Madeline Reeves about the evolution of advisory services in accounting and how firms can confidently transition from transactional work to advisory relationships. Madeline shares insights from her Advisory Amplified Roadshow, a national event series designed to give accounting professionals practical tools for productizing advisory services, building stronger client connections, and leveraging AI to unlock efficiency.  About Madeline Reeves Madeline Reeves' career has centered around working with accounting firms to help elevate understanding by providing education & coaching around cloud based technology. Learn more about Madeline Reeves and Advisory Amplified at this link. Thank you to our show sponsor, CorpNet! CorpNet is the trusted leader in business formation and compliance services, offering one of the best tools for accountants, CPAs and tax professionals nationwide. The CorpNet Partner Program, 10X her firms revenue by helping clients form a business, register for payroll taxes, maintain compliance and more. Learn more about the show and our sponsors at Woodard.com/podcast

HOSTS: Miranda Reiman and Mark McCully  GUESTS: James CoffeyJames Coffey's granddad discouraged him from returning to the farm. But he did it anyway.This episode covers Coffey's path from business owner back to the Hustonville, Ky., farm, and details his No. 1 focus: the commercial customer. Knowing their needs turned into a large customer buyback program, which is an additional source of both revenue and data for Branch View Angus. Coffey covers how the tobacco industry shaped the cattle business in recent decades, lessons from his outside business that he can apply to his Angus operation and how he views progress. GUESTS: James Coffey is a fifth-generation Angus breeder raised on the family's cattle and tobacco farm, Branch View Angus, near Hustonville, Ky. Coffey has spent his life working alongside his father and grandfather helping with the cattle, and previously the tobacco operation.After graduating from the University of Kentucky with a bachelor's degree in accounting, James worked for Coopers and Lybrand, Louisville, Ky., a Big Six accounting firm. With a desire to be closer to the farm, he joined Kerbaugh and Rodes, CPAs, Danville, Ky., and finished his CPA certification. In 1993 he purchased Pitman Creek Wholesale (PCW), a sporting goods distribution company. While expanding PCW, James set out to grow the family Angus operation. Since 2011 the family has hosted the largest annual Angus sale in Kentucky, one of the largest sales in the east.James and his wife, LuAnn, have a son, David Reid, who is the sixth generation to grow up on the farm. James also has two sons, Addison and Bennett. RELATED CONTENT:   Cornerstone Cattle  MENTIONED IN THIS EPISODE:Looking for your next influential sire? The Angus Bull Book: 2025 Angus Sire Directory is your resource for some of the top genetics in the breed.  View this inaugural sire directory for updated EPDs as you make breeding and semen purchasing decisions at www.angus.to/angusbullbook02025api.  Don't miss news in the Angus breed. Visit www.AngusJournal.net and subscribe to the AJ Daily e-newsletter and our monthly magazine, the Angus Journal.

One loan, done right, should lead to three, five, even ten more over time. If your clients aren't coming back and sending friends, you're doing it wrong. This episode will show you how to turn each deal into a lifetime of income.Tim Braheem sits down with industry legend and President of Benchmark Mortgage, Jim McMahan, who has spent nearly four decades in the mortgage trenches building one of the most respected origination businesses in the country. Jim is the guy who taught Tim the art of scripting, objection handling, and creating clients for life. He's built a career (and now an entire company) on the principle that you don't need everyone, you just need the right people. And when you master that, your business becomes an annuity that pays for decades.Top Takeaways for Loan Officers:1️⃣ How to develop a “credible market opinion based on fact” so your clients trust you over the news and never question your authority again.2️⃣ The exact scripting and practice disciplines that turn objections into opportunities and build confidence when clients start shopping you on price.3️⃣ Why affinity partners are your untapped goldmine, and how to turn every file into introductions to CPAs, financial advisors, and attorneys who can feed you business for life.Jim has weathered seven market cycles, built a company of 700 employees, and continues to create impact in this industry every single day. If you want to stop losing clients on price and start building a business that pays you for decades, this conversation is your roadmap.ABOUT TIM BRAHEEMWith more than 25 years of experience as a highly successful mortgage professional, industry leader, educator, and life coach, Tim Braheem is committed to engaging with people on a deep level and helping them uncover the barriers they have placed in the way of having the level of success they deserve in both their business and personal lives.FOLLOW Instagram ► https://www.instagram.com/tbraheem/LinkedIn ► https://www.linkedin.com/in/timbraheemTHE LOAN ATLASJOIN ► https://go.theloanatlas.com/membership FOLLOWInstagram ► https://www.instagram.com/theloanatlas/YOUTUBE ► https://www.youtube.com/@LoanAtlas----------

How much time do you spend thinking about what other people are thinking, specifically, what you think they're thinking about you? I want you to be honest. How many times have you changed your behavior, dressed a certain way, bought something, or taken (or not taken) an opportunity because of what you imagined someone else might think?  Your parents. Your boss. Your kids. Your partner. A neighbor. That colleague at the office. Even strangers.  If you're like most of the accountants and professionals I coach, the answer is: a lot. And it's exhausting.  Today, I want to show you why this happens, why it never actually works the way you think it will, and how to free yourself from it using the exact tools inside The RE*INVENTION™ Process.  Let's dive in… Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community I'm inviting you to sign up for the free private podcast where I do a deeper dive into this topic on the Mastering Your Mindset Moments podcast for high-stress professionals: https://www.financialadventure.com/private Schedule your Complimentary Stress Audit and Clarity Session, where we'll work together to create a clear and focused plan for you to move forward so you'll immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

Today on Money Talk With Tiff, Tiffany sits down with Melissa Broughton to tackle one of the most dreaded topics for entrepreneurs: bookkeeping! Melissa breaks down exactly what a bookkeeper does, why every business owner needs one (no matter what stage you're at), and how skipping this crucial step could be leaving thousands of your hard-earned dollars on the table. From decoding the roles of bookkeepers, CPAs, and fractional CFOs to real-life cautionary tales, this episode is packed with actionable insights for business owners and freelancers alike! Plus, Melissa's offering a fantastic freebie exclusively for Money Talk With Tiff listeners.Check out the full episode show notes: https://moneytalkwitht.com/podcast-show-notes/business-needs-a-bookkeeper/What You'll LearnWhat a Bookkeeper Really Does: Melissa clarifies the mystery around bookkeeping, explaining it's all about organizing your financial transactions and keeping your business tax-ready.Why Bookkeeping Is Crucial: Beyond tax time, regular bookkeeping helps you spot trends, manage budgets, and make smarter business decisions in real time.Bookkeeper vs. CPA vs. Fractional CFO: Discover the differences between each financial role (Melissa's medical analogies make it easy!), and why a bookkeeper should be your foundational hire.The Real Cost of Neglecting Your Books: Hear how business owners are missing out on an average of $7,500 in deductions by NOT having up-to-date books (and how it could be way more).Getting Started (Even if You're Small): Do you really need a bookkeeper if you're just starting out? Melissa shares who can DIY and when it's time to bring in a pro.Episode GemsTiffany's Take: “You won't get that data just going to a tax professional once a year! You need real-time insights to truly run your business.”Melissa's Pro Tip: “The expense of hiring a bookkeeper is 100% tax deductible—and makes sure taxes don't haunt you later!”Melissa's Free Gift: Download a complimentary electronic copy of The Four Hour Bookkeeper—perfect for DIYers who want to get their books in order.Links & ResourcesGrab Your FREE Copy: The Four-Hour Bookkeeper – Claim your copy here! (Go to the contact form to request your free book)Connect with Melissa: busybeeadvisors.com – Schedule your free consultation for bookkeeping or taxes.Connect with TiffWebsite & All Episodes: moneytalkwitht.comSocial: @MoneyTalkWithT on all platformsDon't let bookkeeping be the monster in your business closet! Tune in, grab your free book, and step into your CEO power with clear financials.

In this episode, Rory speaks with Keith Friedman, CEO and founder of FBO Strategies and creator of the Carbyne Allocation®, about why life insurance deserves a fresh look as part of holistic planning. Keith addresses common concerns that permanent insurance is too costly, rigid, or underperforming, and explains how policy design and communication can change those perceptions. He notes that when structured appropriately, life insurance can provide flexibility, liquidity, and even options to help cover long-term care costs. The conversation explores how modern policies go beyond the death benefit to offer access to cash value and serve as a stabilizing element during market volatility. Keith also shares his perspective on the importance of transparency in compensation and why education is key to shifting industry perceptions. Want to know how CPAs and advisors can use life insurance to strengthen holistic financial plans? Find out in this insightful conversation with Keith Friedman.

Join The Creative Finance Playbook Coaching Program & Learn Directly from Jenn & Joe:⁠⁠⁠⁠⁠⁠⁠⁠⁠https://creativefinanceplaybook.com/wait-list?utm_source=zoom&utm_campaign=wlist⁠⁠Stop Waiting—Start Buying Deals Without Banks in 2025

Send us a textSage Memorial Hospital's journey from a four-room adobe building in 1911 to a state-of-the-art healthcare facility represents more than a century of serving the Ganado community. This episode, REDW National Tribal Practice Leader Wes Benally welcomes Melinda White, CEO of Sage Memorial Hospital, to discuss the hospital's remarkable transformation and its commitment to blending Western medicine with traditional Navajo healing practices.Melinda, who was born at Sage and returned as CEO three years ago, shares how the hospital is redefining healthcare in Indian Country—from building sweat lodges and hiring traditional healers to implementing cutting-edge technology and expanding critical services like ICU, dialysis, and elder care. She discusses workforce challenges, the importance of keeping patients close to home, and the vision for continued growth while maintaining the strong foundation of traditional values.Chapters00:00 - Introduction and Welcome01:03 - Melinda's Background and Connection to Sage Memorial Hospital03:54 - The History: From 1911 Mission to Modern Healthcare08:47 - Incorporating Traditional Values in Modern Care12:34 - Innovation and Modernizing Healthcare Delivery15:55 - Workforce Challenges and Hiring the Right People19:49 - Patient Stories and Keeping Families Closer to Home23:16 - Measuring Success: KPIs and Quality Indicators26:55 - Vision for the Next 5-10 YearsTakeawaysAt Sage Memorial Hospital, traditional healing programs, including sweat lodges, medicine men/women, and future hooghan construction, are being integrated with Western medical care.The new facility achieved a complete transition to paperless operations with comprehensive electronic health records encompassing clinical and financial systems.Key expansion services include ICU, inpatient dialysis, swing beds, elder care facilities, and future plans for labor and delivery and surgical units.The hospital's core mission focuses on reducing patient transfers and keeping families closer to home, lessening the financial and emotional burden of traveling to distant facilities.Quality initiatives are measured through hospital-wide KPIs across four pillars: finance, community, people (HR), and quality.Quality Services. Quality Outcomes. REDW was honored to support Sage Memorial Hospital's transformation through our Client Advisory and Accounting Services (CAAS), Business Valuation, and Risk Advisory expertise. This journey demonstrates a powerful truth: investing in quality advisory services yields the best return. If your tribal healthcare organization is navigating growth or transformation, our team is here to help.

Today's show:Sora 2 will generate a video of whatever you like and respects no IP (unless they opt out)On a brand new TWiST, Jason and Alex check out Sora 2, the latest text-to-video app from TWiST 500 mainstays OpenAI, and look at some of the video videos that have already emerged from the TikTok-style scrolling video app. (TikSlop?)THEN we're considering the case of “AI actress” Tilly Norwood, and whether her big debut is a legit shift in the world of entertainment or just a marketing gimmick-slash-sales pitch.PLUS Jason's thoughts on the Wealthfront IPO, how Spotify shifted the entire music economy, Jason's pitch for making bets with stock purchases, why Americans need more financial literacy, AND another check-in with the sharps over at Polymarket.Timestamps:(0:00) What does the government shutdown mean for startups? Not much?(04:21) Jason's an investor in Wealthfront… hear his thoughts on their potential IPO(08:14) Why Jason thinks the death of Boomers will boost crypto(10:21) Northwest Registered Agent - Form your entire business identity in just 10 clicks and 10 minutes. Get more privacy, more options, and more done—visit https://www.northwestregisteredagent.com/twist today!(17:26) Why is everyone so excited for Sora… but not Meta's app?(19:49) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech(28:38) Is Tilly Norwood just a gimmick or Hollywood's next hot ingenue?(29:15) Perspective.ai - Real insights, straight from your customers, and your first two months are on us. Just go to getperspective.ai/twist.(35:58) POLYMARKET: When is OpenAI's browser coming out?!(40:17) How Spotify changed the entire economy of music… and when a Founder/CEO should hang it up.(47:24) Why Jason thinks Americans need better financial education and literacy(49:39) Audience Q: What's the best place to buy secondaries?(52:49) Why you should bet small while you're learningSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: ⁠https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisThank you to our partners:Northwest Registered Agent - Form your entire business identity in just 10 clicks and 10 minutes. Get more privacy, more options, and more done—visit https://www.northwestregisteredagent.com/twist today!CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/techPerspective.ai - Real insights, straight from your customers, and your first two months are on us. Just go to getperspective.ai/twist.Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.comSubscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Episode 125: In the final Hoop Commitment Podcast episode, Kyle Jordan discusses the complexities of navigating taxes for college athletes, especially in light of the new NIL (Name, Image, Likeness) opportunities.  He shares the importance of understanding tax obligations, the benefits of forming LLCs or S-Corps, and strategies for managing finances effectively,Kyle shares insights on common misconceptions athletes have about taxes, the significance of write-offs, and the benefits of working with financial professionals to help athletes grow their wealth.  The conversation emphasizes the need for athletes to think of themselves as businesses and to plan for their financial futures. If you want to learn about compounding wealth, health and happiness, follow along at compoundcommitment.com, join one of the 30-Day Commitments and listen to my new podcast, The Compound Commitment.  The first episode launches Tuesday, October 7th!Kyle Jordan is the owner of a CPA firm that employs a team of 17 professionals and serves more than 3,000 clients across a broad range of tax and accounting services. A lifelong athlete and former high school basketball coach, Kyle has combined his knowledge in accounting with his passion for sports to build a specialized focus in the Name, Image, and Likeness (NIL) space. His deep understanding of both the athletic and financial landscapes has played a key role in the firm's growing reputation as a trusted advisor to collegiate and professional athletes navigating complex tax matters. A team is never just one individual. Kyle has a terrific team of accountants and CPAs working alongside him and collectively they are all in on helping athletes navigate tax and financial related matters.If you want to learn more about Kyle, check him out at: gameplantax.com  or email him at kyle@gameplantax.com 

Send us a textRevenue cycle management isn't just a back-office operation—it's a strategic tool for strengthening care delivery in Tribal communities. This episode, REDW National Tribal Practice Leader Wes Benally sits down with Melissa C. Goad, CRCR, CPA, MBA, a healthcare finance veteran with 30 years of experience spanning both payer and provider perspectives. Melissa shares her transformative journey as CFO of a 638 Tribal Healthcare Facility on the Navajo Reservation, where she led a comprehensive revenue cycle optimization initiative that delivered a tenfold return on investment.From fixing data flow challenges and reducing denials by up to a third, to implementing culturally sensitive front-end operations and embracing industry best practices, Melissa's insights offer a practical roadmap for Tribal healthcare organizations looking to maximize reimbursements and close gaps in care. Her approach? Take it layer by layer, build cross-functional teams, and remember that optimizing revenue cycles ultimately means securing the resources needed to serve the community better.Chapters·        00:00 - Introduction and Melissa's Healthcare Background·        02:05 - The Importance of Revenue Cycle Management·        04:45 - Assessing Opportunities in Tribal Healthcare Settings·        06:36 - Embracing Industry Best Practices·        12:24 - Denials Management and Registration Challenges·        17:37 - Data Flow and EHR Customization Issues·        20:13 - The Power of Cross-Functional Teams·        25:05 - Cultural Considerations in Tribal HealthcareTakeaways·        Revenue cycle optimization is about ensuring continuity of care and honoring commitments to the community, not just financial health.·        Tribal healthcare facilities face unique challenges including geographic isolation, staffing limitations, complex billing regulations like the All-Inclusive Rate (AIR), and often inadequate technology.·        Starting with a thorough assessment before implementing changes prevents costly assumptions and builds a strong foundation for improvement.·        Registration is one of the most critical points in the revenue cycle—if data starts wrong, it ends wrong.·        Cross-functional teams that include both clinical and revenue cycle staff are essential for identifying and fixing denial patterns.·        Cultural sensitivity in patient-facing operations, including language support and understanding Tribal-specific requirements like CBI collection, strengthens both patient experience and reimbursement accuracy.·        Organizations can expect to see returns within 6 months of implementing systematic fixes, with some facilities achieving tenfold ROI on revenue cycle investments.Ready to Strengthen Your Revenue Cycle?Whether you're considering a 638 transition or looking to improve existing operations, connect with REDW's Tribal healthcare advisors to explore how we can help strengthen your organization's financial health and expand care for your community. 

Quality leadership that grows your accounting practice isn't about pushing your team to work harder. While it may sound counterintuitive, modeling a healthy, balanced life is what actually moves the needle. In this episode of The Accountant's Flight Plan, Rob Dube opens the conversation by emphasizing that when leaders prioritize wellness, the team will follow suit. This results in less burnout, fewer mistakes, better client service, and a more harmonious work environment. If you are happy in your work and life, your team and CPA practice will thrive as well. Brannon and Rob also discuss the importance of vulnerability and authentic connection to maintain effective leadership. By sharing your personal story with partners, employees, and close peers, leaders build trust and authentic engagement. Some practical ways to start doing this could be asking for feedback from your close friends and peers on what your strengths and weaknesses are, allowing leaders to shed their “armor”. This can lead to more self-awareness and foster deeper relationships and a higher-energy workplace.To conclude, Rob and Brannon discuss the importance of setting boundaries to prioritize high-value work. The effectiveness of avoiding hustle culture, taking time off, and delegating lower-value tasks ensures that leaders remain energized for what truly matters. By focusing on purpose, energy, and mindful action, leaders can build resilient teams, sustainable practices, and more fulfilling lives.Timestamp List: Key Sections:02:00 - Introducing The Ten Disciplines04:00 - Climbing the Two Mountains: Achievement vs. Meaning07:00 - Chaos vs. Awareness: Tuning Into Your Body11:00 - Understanding the Driven Personality14:00 - Vulnerability and the Inner Story21:00 - Practical Steps to Peel Back the Armor26:00 - Combatting Hustle Culture and Setting Boundaries31:00 - Delegating and Avoiding Low-Value Work37:00 - Resources and Key TakeawaysLink to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

These Expenses DO NOT Belong on Your P&L!

Last week, I hosted a webinar on creating the 2026 tax season you actually want. More than 100 CPAs tuned in live or on replay. In this podcast episode, I share the exact system: deciding your hours, doing the math, raising prices, scheduling clients, and communicating clearly. ICYMI, you can catch the full replay here: geraldinecarter.com/free.…Link to full shownotes: https://www.businessstrategyforcpas.com/366…If you feel trapped by your own accounting firm, I can help you stop the chaos and end the long hours without losing revenue or hiring. Join 3000+ other CPAs who get my single-tip daily emails..Subscribe here: geraldinecarter.com/subscribe.Readers say they love it because they're short and on point.…Want client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…FOUR ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenuePEAK FREEDOM COMMUNITY – $197/mogeraldinecarter.com/peak-freedomFor solo and small accounting firm owners who want to rise above the insanity of hustle-cultureDOWN TO 40 HOURS ACCELERATOR – $995/mogeraldinecarter.com/40For the overworked CPA at multiple six figures of revenue who is ready to stop working weekends, wants to implement overdue changes, and doesn't want to do it alone. You'll make progress faster and with more confidence. …

As a business owner, bookkeeper, or accountant, you want to make sure that you are utilizing your time as wisely as possible, which includes processing your bookkeeping in the most efficient way possible.  There are many options for you to do this when you are using a computerized software system for your bookkeeping, but making sure you are utilizing each option to its fullest extent will ensure you are saving the time you are setting out to achieve.  If you are using QuickBooks Desktop or QuickBooks Online, bank feeds are one area where you can save time.  In today's podcast episode, I'm talking about how bank feeds can save you time, as well as a few of the pitfalls that you need to avoid so you can feel confident knowing that you can rely on your financial statements being accurate.  Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, gaining efficiency with your bookkeeping by using bank feeds can be a game changer in how you record your transactions in your bookkeeping software, and having the peace of mind that you are doing it correctly will help with any self-doubt that may be holding you back from doing your bookkeeping on a routine basis… Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community Schedule your Complimentary Stress Audit And Clarity Session, where we'll work together to create a clear and focused plan and overcome the obstacles that stand in your way so that you can move forward and immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

Financial professionals are used to numbers, deadlines, and compliance but not always storytelling. The thing is, stories are the bridge to trust, and trust is one of your biggest marketing assets.   In this episode, I break down:   Why stories help financial pros connect with potential clients How to avoid confusing your audience with financial jargon A simple framework for pulling stories out of your everyday life An example of a story that landed with a client (and saved them $18k!) How to repurpose one story into multiple pieces of content   Whether you're a CPA, CFO, or financial advisor, this episode will show you how to bring more humanity into your marketing without it feeling overwhelming. Resources Mentioned: Storytelling Guide:  The Storytelling Guide for Accountants, CPAs & CFOs   Book a Free Call: www.beesimplified.com Let's Connect: LinkedIn: http://www.linkedin.com/inbiancamarissasmith Instagram: http://www.instagram.com/beesimplified

On this episode of the Woodard Report podcast, Heather and Joe speak about upcoming regulatory changes that could ease the burden on government contractors and the potential disruption of the proposed HIRE Act, which would heavily tax outsourced accounting labor. They also dive into how the profession must adapt to staffing shortages, the evolving role of CPAs and noncredentialed accountants, and the transformative impact of AI on jobs. Current events — White House proposes to get rid of 60 accounting requirements for contractors Will the HIRE Act hurt outsourcing? TV/Movie quote of the week — Heather mentioned the movie "Her" Joe mentioned the miniseries "aka Charlie Sheen" Excellent things we learned — Fourlane CX: Cloud Interface For QuickBooks Desktop A World Without Work: Technology, Automation, and How We Should Respond Member spotlight — Brittany Byrd presented by Lamont Nesbitt, Practice Advancement Coach at Woodard The Woodard Report article of the week — Next-Level Bookkeeping in QuickBooks Online: Going Beyond the Basics Thank you to our show sponsor, CorpNet! CorpNet is the trusted leader in business formation and compliance services, offering one of the best tools for accountants, CPAs and tax professionals nationwide. The CorpNet Partner Program can 10X your firms revenue by helping clients form a business, register for payroll taxes, maintain compliance and more. Learn more about the show and our sponsors at Woodard.com/podcast

Send us a textThe 105(l) lease program has become one of the most transformative funding mechanisms available to Tribal Nations—but it's widely misunderstood. This episode, REDW National Tribal Practice Leader Wes Benally sits down with Geoff Strommer, partner at Hobbs Straus Dean Walker, to demystify this critical provision of the Indian Self-Determination Act.Despite the name, 105(l) "leases" aren't leases at all in the traditional sense—they're funding agreements that enable Tribes to receive resources for maintaining, repairing, and even constructing healthcare and administrative facilities. Geoff, who litigated the landmark Maniilaq cases that established Tribes' rights to fully funded 105(l) agreements, shares the fascinating journey from dormant statutory provision to nearly $1 billion in total lease value across Indian Country.Learn about the three compensation methodologies, how Tribes are using projected 105(l) revenue to finance major new construction projects, and what barriers (and opportunities) exist in this evolving landscape.Chapters00:00 - Introduction and Geoff's Background in Tribal Law02:44 - What Are 105(l) Leases? Breaking Down the Basics06:46 - The Landmark Maniilaq Litigation Cases16:19 - Establishing Mandatory Lease Requirements17:15 - Three Compensation Methodologies Explained24:34 - Barriers and Negotiation Issues28:44 - Congressional Appropriations and Future Sustainability31:31 - Looking Forward: Financing New FacilitiesTakeaways105(l) leases are funding agreements, not traditional leases—the federal government transfers funds to Tribes for facility maintenance and operationsThe Maniilaq litigation established that 105(l) leases are mandatory, not discretionary, and must be fully fundedThree compensation methodologies exist: fair market appraisal, hybrid appraisal, and cost reimbursementNearly $1 billion in total 105(l) lease value has been achieved across Indian Country in recent yearsTribes are now using projected 105(l) revenue streams to finance new construction projects, transforming the facilities landscapeFrom Legal Right to Financial RealityGeoff and his team at Hobbs Straus Dean Walker establish the legal framework for 105(l) leases—REDW helps you put that framework into action. Our 638 Healthcare Transition Support team guides Tribes through self-governance transitions, while our Advisory & Accounting specialists help you document costs, prepare lease proposals, and build financial packages that leverage 105(l) revenue streams for new facility construction. Ready to turn 105(l) opportunities into reality?Reach out to learn how we can help you maximize available resources. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!

Jim Oliver sits down with Brett Swarts to tackle the part of exiting most owners ignore until it's painful: Taxes. Brett is the founder of Capital Gains Tax Solutions, a real estate broker and tax strategy specialist with deep expertise in Deferred Sales Trusts (DST), Delaware Statutory Trusts, and 1031 exchanges. He hosts the “Build It to Billions” and “Capital Gains Tax Solutions” podcasts.  Together, Jim and Brett lay out how purpose-driven entrepreneurs can engineer an exit that prioritizes tax flow, converts to truly passive income, and preserves control and flexibility. What You'll Learn: Why most CPAs “report the score” and how a true tax strategist changes outcomes Tax flow vs. cashflow: deferring cap gains to compound what would've gone to the IRS A “2.0” exit for larger deals: using a Deferred Sales Trust for cap gains and estate tax planning When 1031s become a “shotgun wedding”—and smarter blends (partial 1031 + DST + cost seg) How to define and build TPI (truly passive income) so your time, not the asset, drives your life Action Steps: 1. Build the Exit Blueprint Quantify net proceeds, gain, debt, and estate exposure. Set a clear monthly TPI target before signing an LOI. 2. Upgrade the Bench Add a tax strategist alongside CPA/attorney. Evaluate DST, partial 1031, bonus depreciation, and insurance—pick tools, not dogma. 3. Allocate for TPI Diversify post-sale capital into vehicles that deliver durable, hands-off cashflow while keeping optionality for future deals. Brett Swarts' Final Word “Truly passive income is to your freedom and impact what compounding interest is to your money. Lead with tax flow—and let it compound.” Connect with Brett Swarts: Website: https://capitalgainstaxsolutions.com/ Website https://brettswarts.com/ YouTube: http://www.youtube.com/@CapitalGainsTaxSolutions

Have you ever wondered why so many of us wait for other people to help us feel proud of ourselves?  Today, we're going to talk about pride.  What it really is and how you can create pride for yourself, starting right now.  If you're an accountant, a business owner, or any high-stress professional who's used to chasing approvals from others, it's time to start creating pride on purpose and be proud of yourself.  You don't need others to be proud of yourself, and I'll walk you through a simple framework you can try this week to start feeling proud.  Not someday, but today.  Let's dive in… Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community I'm inviting you to sign up for the free private podcast where I do a deeper dive into this topic on the Mastering Your Mindset Moments podcast for high-stress professionals: https://www.financialadventure.com/private Schedule your Complimentary Stress Audit and Clarity Session, where we'll work together to create a clear and focused plan for you to move forward so you'll immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

On episode 114 we lay out how the potential expiration of enhanced ACA subsidies after 2025 could affect early retirees and what can be done ahead of time to prepare. Practical planning moves to manage MAGI, use HSAs, shore up cash flow, and keep retirement on track without panic.• Expanded subsidies, what they did and why they matter • When the enhancements are set to expire and likely 2026 impact • How uncertainty creates budgeting stress for early retirees • Sticker shock for ages 58–64 off employer plans • MAGI management with CPAs and planners • HSA strategy to bridge pre‑Medicare years • Delaying large purchases to maintain flexibility?• Should you consider part‑time work with benefits?

In this episode of Banker with a Beer, Jerry sits down with Traci Hollister and Lindsey Sabelko, CPAs and Partners with Wipfli.    Topics discussed include: Tax Implications of the One, Big, Beautiful Bill Advising clients who have side hustles about managing their taxes Difference between tax credits and tax deductions Tax Planning Advice for young adults Beverage Enjoyed: Smithwick's Red Ale, Ireland    Thank you for listening to this episode! Help support the show by leaving Banker with a Beer a 5-star rating or review on Apple or Spotify.  Banker with a Beer is brought to you by Northwestern Bank. A community bank headquartered in Chippewa Falls, Wisconsin. Follow us on Facebook or learn more on our website northwesternbank.com. We're a community bank with all the services of a big bank in a personalized friendly size. Member FDIC.

I Don't Know If You're Ready to Hear This About Your CPA

Join The Creative Finance Playbook Coaching Program & Learn Directly from Jenn & Joe:⁠⁠⁠⁠⁠⁠⁠⁠https://creativefinanceplaybook.com/wait-list?utm_source=zoom&utm_campaign=wlist⁠⁠Rent-to-Own Real Estate Explained | Creative Finance Playbook (No Banks, No Credit Needed)Tired of low-cash-flow rentals and endless maintenance calls? Imagine creating 3 paydays per deal—without banks, without perfect credit, and without saving up huge down payments.In this episode of the Creative Finance Playbook Podcast, Jenn & Joe Della Fave break down exactly how rent-to-own (lease options) can help you build wealth and passive income in 2025.What You'll Learn:What rent-to-own really is—and how tenant-buyers are different from rentersWhy creative finance strategies like seller financing and lease options outperform BRRRR in today's marketHow to generate upfront deposits, monthly cash flow, and big backend checksThe simple paperwork every investor needs (lease + option to buy) to stay compliantReal case studies: families turned into homeowners—and investors freed from being “adult babysitters”Who This Is For:Perfect for real estate investing beginners and seasoned pros who want to build wealth without banks, without credit, and without massive capital.Next Steps:Subscribe to Creative Finance Playbook for weekly strategies to find, fund & close creative real estate deals.

Here's What Your CPA Isn't Telling You When It Comes to Your Law Firm Receipts

5 Law Firm Owner Tax Myths That Are Costing You $$$

Don't Make This Law Firm LLC Mistake

Jason addresses investors, first focusing on personal finance issues like taxes then discusses the current state and future of the housing market. He shares optimistic news regarding Federal Reserve rate cuts and the resulting positive impact on housing demand, predicting a surge in potential buyers and subsequent bidding wars due to low inventory. Furthermore, Jason presents data suggesting that existing homeowners are not in distress, indicating that a housing crash is unlikely, and notes that institutional investors are actively acquiring properties. Jason concludes by promoting an upcoming investor JHU event, property tour, and educational session focusing on real estate opportunities, including co-living, and invites listeners to join his Wednesday Masterclass. Jason welcomes Jack Evans, an enrolled agent and founder of Jack's Tax, to discuss tax strategies for real estate investors and the differences between CPAs and enrolled agents. Jack explains that enrolled agents are federally licensed tax professionals who focus on tax law, unlike CPAs who are state-licensed and perform business audits. He argues that enrolled agents may know tax law better than CPAs since they are not distracted by business operations. https://www.jax-tax.com/ #JackEvans #JacksTax #EnrolledAgent #CPA #TaxLaw #TaxCode #RealEstate #RealEstateInvesting #CreatingWealth #Taxes #Depreciation #TaxBenefits #TaxDeduction #LongTermRentals #ShortTermRentals #PassiveIncome #ActiveIncome #CommercialRealEstate #CostSegregation #CostSeg #DepreciationRecapture #CapitalGains #1031Exchange #TaxDeferral #SteppedUpBasis #RefiTillYouDie #CashOutRefi #DST #DelawareStatutoryTrust #OpportunityZones #IRS #TaxStrategies #NonCashWriteOff #Form8582 #BuyAndHold #MaterialParticipation Key Takeaways: Jason's editorial  What is your biggest leak 2:00 Rate cuts! 4:27 I got some personal news 5:22 Chart: Owner RE occupied assets & liabilities 7:44 Institutional investors are buying properties 8:42 Join us at the JHU event JasonHartman.com.Phoenix 10:31 Check our Ai Bot JasonHartman.com/Ai 11:37 Join our Wednesday Masterclasses every second Wednesday of each month JasonHartman.com/Wednesday   Jack Evans interview  12:31 Difference between CPAs and EAs 14:15 Meet Jack, depreciation and passive income 20:27 Cost seg studies 23:57 Long term depreciation analysis 28:00 10:31 Exchange benefits 29:35 Beautiful things about real estate and the DST 30:50 Jack's Tips to living the dream   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Tiff and Kristy go into the DNA of an effective leader. These are the common traits that Dental A-Team has seen from the top dental practices, with Tiff and Kristy breaking down how exactly these leaders were able to cultivate such characteristics. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: The Dental A Team (00:00) Awesome. Hello, everyone. Dental A Team listeners, thank you so much for being here. I had the pleasure of having an email exchange with a really, really well-rounded office manager, regional manager. And anyways, my point was that she mentioned that she is an avid Dental A Team listener, and she has been for many years. And it was just so special to hear that and to have this email thread with her and to hear how much it has impacted her   professional life and I just wanted to give a massive shout out that came up this morning and I wanted to just thank you guys for being here because as much as this may impact your life and and hopefully add value to your systems, your practice, whether you're a dentist, whether you're a team member, office manager, and you know what I mean we've worked with CPAs, we've worked with chiropractors, we've worked with eye doctors.   anyone who's here listening, you found value in this and you continue to come back or if this is your first time, welcome. And I just want to give a massive shout out to you guys and a thank you for supporting our team and our company through the podcast. We love being here and we love what we get to do with you guys every single day. So massive shout outs and welcome to today. I have the beautiful pleasure of honestly having a very relaxed and calming   podcasting day and I have Miss Kristy here with me today and Kristy, know I've told you off camera, off mic, ⁓ how relaxing podcasting with you is and truly, truly from the bottom of my heart, you make podcasting very easy and stress free and knowing that we had a few today, really I was like, goodness it's Kristy, because I am just so excited to podcast with you. So Kristy, thank you so much for being here.   and just for being you. You bring a sense of ease, a sense of joy, and a sense of fun to our company as well as a multitude of other things and I value you. So thank you, Kristy. How are you this morning? It's still morning here as we're recording. How are you doing?   DAT Kristy (01:58) doing well and I'm with you Tiff. I mean we don't get to spend a lot of time with each other so whenever we get to spend time even if it's podcasting ⁓ I always enjoy my time with you so yep it's a good morning.   The Dental A Team (02:10) Thank you.   Thank you. I agree. I agree. The sun is shining. It's supposed to be cooling down. So I'll be missing it. But you should be able to enjoy some great Phoenix weather here in the next week and enjoy that pool of yours. And when I get back, we need to set up a coffee date because it just hasn't happened yet. And we need that time together. I'm really excited. In a few weeks, we've got our in-person mastermind that we've got a ton of our doctors.   DAT Kristy (02:27) Yes.   The Dental A Team (02:39) coming out to Phoenix to spend some time with us. And I know I have a few doctors, you have a few doctors that are coming. Each consultant has quite a few actually offices that are joining us. We're just super, super excited to host everyone here in Phoenix. I am, my clients, my clients know who they are. They are near and dear to my heart. They are some of my closest friends in my life. And I have a couple coming that I am so excited for you guys to meet.   And one of them is just so special and she knows who she is and I'm just giving her massive hugs and massive shout outs. She is such a supporter of everything we do. She's a supporter of me as a human and you know, I just am so excited for you to meet her, Kristy. So I wanted to just shout that out and let everybody know what's coming up in our lives. We've got a lot of Dental A Team fun happening and part of that is this.   course this mastermind that we've got coming up and the things that follow it that go along with that. mean we've got every month we have our doctors only mastermind for our clients and most of what we do is center focused around really truly building leaders and ⁓ within that I think I think something I tell my clients and my teams especially my teams when I'm working with teams is our goal is to create ease efficiency and joy.   in your jobs. No matter what your job is, no matter what your position you hold in the practice is, I want you to love going to do that every single day or at least I say like 95 % of the time there's going to be those days where you're like heck no Tiff I don't want to do this. But a lot of that comes down to I think effective leadership and being able to create a practice that works for you, a business that works for you instead of you working for the business, meaning it's just like gosh I'm exhausted every day and   Will this ever end? And new doctors, it does end. Okay, but not yet. Don't get too hasty. You gotta put your time in. You gotta do your time. But it does end. And Kristy, I think a lot of that, and something you're fantastic at, I've watched you do this with doctors. I've watched you do this with startup doctors. They know who they are. They're here listening too. And I've watched you do this with doctors who have been in practice for 10 years plus. You build incredible leadership.   through really solid systems and efficiency and culture and team. Kristy, my biggest question to you, I told you I was going to ask you this kind of defining question. When you think of a leader, when you think of a practice leader, a dentist leader, an office manager, and anyone who is deemed a leader or wants to be, what kind of characteristics do you think of within that person that either they innately have or can be developed?   DAT Kristy (05:27) You're going deep today, huh? ⁓ Yeah, I think number one, compassion because   The Dental A Team (05:30) I am, yeah. I don't know what's up today, but I am. It's in me.   DAT Kristy (05:44) With leadership, I think we owe it to our people to be brutally honest in a way, but do it in a compassionate way, if you will. the ability to be honest and share from that space of, want to better this person or I want to grow this person versus coming from a place of criticism.   You know what I mean? Because you and I have talked about this before. I don't think anybody walks into a job on any given day saying, I'm going to make it heck today. I'm just going to come in and raise havoc. And I don't think anybody intentionally does that. And so having a leader that can come from a compassionate space and understand that people really are trying to do well and be able to deliver from that space.   The Dental A Team (06:43) Yeah, I totally agree with you. think compassion's a fantastic word there. And ⁓ the way you described it, I think, defines that really clearly. Because I do think there's just so much confusion wrapped up in empathy, sympathy, compassion, being nice. And I think a leader is everything, is all of those pieces. But well-rounded and doesn't get lost in them is, I think, a good thing to say there. ⁓   They're all fantastic characteristics, but being able to navigate that and being able to navigate ⁓ clear and kind, like I really, I really truly love looking at the difference between kind and nice. And I think, you know, nice, even when you say like, ⁓ nice, it doesn't feel in your body as good as kind does. And when someone can be clear and kind, that's that compassionate side of I'm here with you.   And I'm going to tell you, I'm going to tell you the way I'm going to show you the way. Right. And when we get off track, we're going to do it together. And I'm going to tell you when we get off track, when you're off track, when, things aren't being met, when the accountability needs to be put into place, I'm going to do that for you because that's kindness. I think a lot of leaders shy away from that because they want to be nice. They don't want to hurt feelings. They don't want to make someone feel like they're not a good team member or they're not doing a good job because they are doing a good job. They're just doing something that needs adjusting.   And I know Kristy, you've had these conversations too. I've listened to you have them with doctors and office managers of the not saying something to someone holding back information and holding back what could inspire them or just make them a better manager and leader is actually hurting the other person. So where we're trying to be nice and save their feelings, we're actually making it way worse and we're doing damage.   to the human, the person, and that think, Kristy, is where that compassionate side comes into play of compassionate kindness, of that joint. always say, ⁓ use words like I'm partnering with you, and can I partner with you in this? Are you open to me giving some feedback here? You really lay it out very well where it's open and, again, compassionate and kind. And Kristy, I think you do a great job with that.   How do you help to coach leaders and doctors to have those conversations and with verbiage like that? What are your biggest suggestions that even if somebody could take one thing away from today, maybe it's a suggestion of a hard conversation. ⁓ How do you suggest to your doctors and your clients how they can do that?   DAT Kristy (09:25) Yeah, I think there's a few things, Tiff. Honestly, in onboarding new people, I love to have the conversation before it even needs to happen. with new employees just opening the door that, hey, there's going to come a time when we have to address a few things. So finding out what their style is for addressing and always trying to accommodate in that way, I mean, you don't   always have the room to do that. But if I can find out, hey, there's going to come a time when we have to have a conversation, what is the best way to address you? How do you prefer me to approach you in those situations, first and foremost? And that obviously works well for new team members. But as we're learning leadership, we might not have all new team members. So coming into it,   for our existing team members just being vulnerable and honest and saying, hey, I'm looking to grow my leadership skills too, right? And so I may not always hit the mark, but I wanna open the door for honest open communication. And so just like what you said, asking permission and ⁓ I guess with that too is in that approach, always trying to make it from my point of view.   You know, maybe referring back to a situation and being able to address it like, hey, you know, I need to clear the air. And earlier when you were talking about the story I'm telling myself is, I'm sure, you know, that may not have been your intent and that's why I wanna open this space for communication. Yeah.   The Dental A Team (11:17) Yeah, that's beautiful.   That's beautiful. And what that leads into is kind of our next chapter of this whole podcast. And it so succinctly goes together because that communication that you just gave and that openness. I always think of when I when I hear you speak and when I hear you speak of ⁓ verbiage to be able to use like this, I think of you said vulnerable and I think vulnerable for sure. We're open, we're vulnerable, we're honest. But I think you also bring a sense of ⁓   like humility and humbleness to the conversation. And when a leader and a doctor or anyone who an established team member who's been there for a while can be humble and say, you know what, don't know everything and I am growing and learning because I'm a human and we're doing that in every space of our life. Who I am today as a mom, who I am today as a girlfriend, as a best friend, as a friend, a coworker, who I am today is different.   than even two weeks ago, right? We're constantly changing. So being able to be humble allows the space for the other person, for the other, and when you're a dentist and leader or office manager, having these conversations with the team, either individually or open forum, like allows them the space to know. They don't have to know it all either. And they can be in the space of learning and they can ask questions. So.   Kristy, think one of the biggest things we get asked, well, number one thing we get asked when people call in and say, Dental A Team, please help fix my family, is systems, right? And I was actually in a practice yesterday with our consultant Trish, and it was so much fun. And we did the team meeting, and one of the things I said to the whole team was, listen, everybody says we need systems. We need systems implemented. And I'm like, for sure, you need systems.   But systems without communication and without leadership, you already have systems. You know why they're not working, why they're quote unquote broken. You have systems. You're doing a lot of the things I'm going to tell you to do. You're just not doing them consistently and you're not talking about it. So if we can fix the communication and really bring that sense of humbleness, think what you've done there, Kristy, with that conversation that I hope people will take away and go spread is you have inspired.   a culture of positivity. Because whenever we're in a space, we've hired consultants, we have people on our, we have team members on our team right now that have said, I have never worked in a place that I didn't feel like I had to know everything. And when I didn't know a thing, I was scared to say it and I had to like go find it on my own. So we're like behind the scenes trying to track down information and hoping we're right. I remember in my dental practice,   Kiera talks all the time about how she didn't know the definition. She didn't know what KPI stood for, right? She knew it was important. She didn't know what the actual acronym meant. I only knew, and I tell her this all the time, I only knew what KPI stood for because when I became a leader in my dental practice, the office manager wanted me to come into the KPI meetings. And I was like, yeah, of course, I'll be there. Sure thing, no worries. Meanwhile, I'm over here Googling. What the heck is a KPI meeting?   I had no idea, but I also wasn't comfortable enough to be like, yeah, sure, whatever you want. What does that mean? How do I show up? What do I bring? How can I be valuable to that meeting? I Googled it, and then I sat there like, none of this makes sense. I sat in those meetings with the CPA, and I'm just like, I am not, I'm not the same as you guys, and I feel so small right now. But I was not in ⁓ an environment at that time that felt, and it wasn't because,   DAT Kristy (14:34) you   The Dental A Team (15:03) she wasn't supportive or helpful, I just didn't feel seen, heard, and ⁓ like I could be vulnerable, right? I had to just be, you had to put on a face and you had to do the thing. And I think, Kristy, what you've done with that communication is you've opened up space for the culture to really be what our clients are constantly asking for. They're always asking, Tiff, how do I fix the culture, right, Kristy?   Help me fix my culture. How do I get my team engaged? And it's like, you just did it with one sentence, right? Have you seen that, Kristy?   DAT Kristy (15:36) Yeah, absolutely. ⁓ It's communication out of the gate. I don't know the exact statistic, you may know a little better than me, but I know it's up in the high 90 % that all communication is misunderstood just out of the gate. So we already have that going against us. Anything we can do to help open that door and create that safe space. And again,   I guess my biggest thing, if you kind of said, if there was one takeaway, don't ever start a sentence with why. Don't ever start a sentence with why because you'll automatically put them on the defense. Maybe asking a question of, you share with me how you came to this decision or not, why did you do this?   The Dental A Team (16:17) I totally agree.   Yeah, yeah. think a lot of communication starts that way. And I think I try to encourage teams in general, people, when I go into practices and I'm having these meetings and I'm having similar conversations of teaching even just a full team how to communicate together, I actually try to encourage them to stop considering that they're two different people in their lives. Because we think   I'm at work, I have to be this person at work, but at home, like, are you saying if you were to go to your husband or your kid, like, I think of Brody, my 17 year old son, and for those of you who have been listening for a long time, he's 17 now, yes. But I think like, if I came to him and I was like, why did you do it like this? He'd be like, well, why wouldn't I have? And I'm like, well, that's not, like, I actually needed to know why you did it this way. And he's like, well, why are you asking, right? It would just be this like back and forth.   But instead, come almost like I tell people, think about how to get around it. The why this hard statement is the rock in between you guys. And if you try to push through that rock in the middle, you're not going to get anywhere. I massively hurt my wrist one time trying to move this rock that did not look as heavy as it was for years. My wrist hurt. That's what you're doing. But walking around that rock, walking around that boulder and saying,   I actually really want to understand because sometimes, Ray, I tell practices, if you don't agree with what I'm saying that we need to implement, like tell me because I could be wrong. I might not know your practice as well as I think I do and we need to talk through it. And that's the same thing. Like maybe we got a different result than we wanted, but I need to know how you got there because number one, if you use the system that's in place, it's broken. Number two, if we didn't use the system, we needed to know.   what we did use, right? So I think that's brilliant, Kristy, and really just a way to like get around that issue that's in the middle and keep defenses down.   DAT Kristy (18:27) for sure. Another technique that I've used before and especially from leaders is make sure you keep speaking to the results you're looking for. It's painting the clarity for the person on the other end. What's the end result? What are we trying to achieve here that we're missing the mark? You know, another great thing is being able to state the behavior that you are seeing now, maybe even what it's causing.   You know, for instance, when you are in morning huddle and you go, what about, you know, can you see how that maybe drags everybody down and moving forward, stating the behavior you want to see moving forward? It's OK if you feel that way. But can you refrain from saying it in front of everybody? And you and I have a conversation on the side, you know. So again, it's what's the behavior today that's happening that   isn't so favorable, what's the result we want to see and speaking to that versus the person.   The Dental A Team (19:30) I love that. And again, that is like infusing the care into the person and the situation. But like I want I want you to be looked at as a leader in your position. And I know, just from my own experience, when you do come to the table that way, people actually like the people lose trust in you, you lose value, right. And so I do agree being able to show up. And I think the flip side to all of this that I   of thought of while you were saying that piece, because that's massive, is being able to show up how you want others to and then backing this up. So there's a difference in having this conversation and just being like, cool, had the conversation, Kristy. My team didn't do anything about it. They don't care. They're not changing. And then having the conversation and walking the walk, backing it up and continuing. know, Kristy, you probably get asked this a lot too.   DAT Kristy (20:03) Mm-hmm.   The Dental A Team (20:26) They're like, well, how many times do I have to say it? They're not listening. And I'm like, they are, but they've been, if you're working with a team that's established, right, even established with you, they've been down a road already. So we're retraining behaviors and habits. But the only way to do that is by continuing to show up how you want them to show up. You can't tell someone, I can't tell Brody to do this thing. But if I do it, if I.   If I show him and care and love him enough to show him how to behave and how to be in the world, he mimics that, right? We are all just mirroring each other. We are literally duplicating and repeating what we're seeing. So if your team, this one's a hard truth, this just popped in, but if your team, you're like, my team sucks, be like,   Actually, you know what? Maybe I should look in the mirror and reflect to myself because if I look at my actions, I were mirroring myself and watching myself, how would I show up? Because if you're not walking that walk and you're like, yeah, sweet, vulnerable, humble, come tell me, and then somebody has a conversation with you and you're like, well, this is why, let me tell you why. Guess what you're gonna get when you say, why did this happen? You're gonna get the same behavior, right, Kristy?   DAT Kristy (21:30) Mm-hmm.   Yeah, 100%. You know me and my analogies, but we literally are a product of what we live, right? We learn what we live. And so if we're always coming from that critical spirit, we're going to get more of that, you know? So coming from that space of ⁓ understanding, right, versus criticism. ⁓ And to your point, it's coming full circle again.   A lot of times we don't lean into those difficult conversations and those literally are so powerful. Like really that's where our growth comes and I challenge people to see them as a caring conversation versus a negative conversation if you will. ⁓ Really our growth comes from that and not addressing it is also validating the behaviors.   The Dental A Team (22:34) totally agree.   Totally agree with you. That is, drop the mic right there. I totally agree. And that's that nice space, right? Where we're like, well, I don't want to make them feel bad. Well, you just told them it was okay what they're doing then. So either you have to get over that and be okay with whatever it is. You can no longer hold it against them. And it has become a standard of okayness or you have that conversation. Those are the only two options. That is a.   do or die, like only two options. You cannot personally or professionally continue to hold something against someone if you're not willing to help to change that behavior.   DAT Kristy (23:16) Yeah, and you know, with that tip, I would say I was in that space too, when I was learning, learning to be a leader, because yes, we all have innate characteristics that can guide us to being a leader, but it is a muscle that has to be developed and leaning into those conversations had made me a better leader. But also, I would say having a mentor.   or a coach like us to practice the conversations can be very helpful. Before you get into those conversations, I tell my doctors that all the time. mean, think of professional football teams or baseball or whatever. I always say, how much time do they spend practicing versus how much time do they play on the field? And how often do we practice having hard conversations?   The Dental A Team (23:47) Totally.   Yeah.   Totally. I agree.   Mm-hmm. I totally agree with you and I tell leaders all the time practice at home. I have thank the Lord he blessed me with Brody I have practiced so much communication on him and watched how it's molded him and been like, okay or watched his Reactions or just how a situation altered based on my communication and been like, okay Well, that was a misstep because I think our kids will always tell us ⁓ and it's just it's   DAT Kristy (24:13) Yeah.   The Dental A Team (24:35) training and teaching and guiding them to. So practice on your family. Tell your family, I'm going to practice this. Tell your husband, tell your wife. I don't care. But I do. I totally agree with you. Practice is key. And I think effective leadership and dentistry comes down to being able to have those conversations and being able to back it up. And if you're trying to create a great culture, you're trying to get your team engaged, this is the way to do it. And like Kristy said, you don't have to do it alone.   DAT Kristy (24:41) You   The Dental A Team (25:03) You never do. You never have to do it alone ever. We are always here. Hello@TheDentalATeam.com. You guys know that. You've listened to this a million times, but also if you're a client, reach out to your consultant. ⁓ And if you're a future client, like reach out to us. We are here. We're here to have the conversations and we know that you can do it. This is how you inspire culture. So my auction item, Kristy, I think for everyone is to take a look at their leadership style, at the things that are maybe driving you crazy.   DAT Kristy (25:03) Mm-mm.   The Dental A Team (25:33) ⁓ that you feel like you're hitting a wall or maybe your team just isn't right where you want them to be. And then just have a moment of self-actualization and really look at what's creating that. And is there something that you can do differently as a leader that could get a different result? Because that's how you're going to inspire a team to be solution oriented as well. So Kristy, this was beautiful. I hope everyone enjoyed this deep dive of communication and effective leadership conversation. Thank you so much, Kristy, for your amazing   words, you really do handle communication in a way that a lot of people don't yet know how to. So thank you for sharing that wisdom with us today. Everyone, go drop us a review. You know I love to say that, but I really do mean it. And five stars are always fantastic, but really, truly just tell us what worked best for you. If there's anything that you've done that's working, people really do read those reviews.   DAT Kristy (26:13) You're welcome.   The Dental A Team (26:28) drop some information in there as well. And then as always reach out, Hello@TheDentalATeam.com. are here to serve and help you, whether it's through leadership, whether it's through systems that is leadership or really just finding those spaces that are overlooked. I know when we were in a practice yesterday, we found just like the easiest, most simple, low hanging fruit possible to make a massive difference. And the office manager said, how did you like that is, I can't believe I didn't think of that. And I said, you know what?   You're here every single day. You're in it. You're in the thick of it. You're in the weeds. You're busy. This is why we exist, is to be able to come in and see areas that are unnoticed that could make a massive, massive difference. So reach out. We are here for you. Hello@TheDentalATeam.com. And we cannot wait to meet you. Thanks, guys.  

What if clients lined up for you instead of you chasing them?In this episode, I show you 12 ways selling out changes everything – your confidence, your focus, your pricing power, even how your clients behave.Most CPAs think being oversold and overwhelmed is “just how tax season works.”It's not. I'll show you why being sold out is the ninja move that lowers your stress and gives you back time, money, and control.…Link to full shownotes: https://www.businessstrategyforcpas.com/365…If you feel trapped by your own accounting firm, I can help you stop the chaos and end the long hours without losing revenue or hiring. Join 3000+ other CPAs who get my single-tip daily emails..Subscribe here: geraldinecarter.com/subscribe.Readers say they love it because they're short and on point.…Want client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…FOUR ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenuePEAK FREEDOM COMMUNITY – $197/mogeraldinecarter.com/peak-freedomFor solo and small accounting firm owners who want to rise above the insanity of hustle-cultureDOWN TO 40 HOURS ACCELERATOR – $995/mogeraldinecarter.com/40For the overworked CPA at multiple six figures of revenue who is ready to stop working weekends, wants to implement overdue changes, and doesn't want to do it alone. You'll make progress faster and with more confidence. …

You may hear the word perseverance a lot in the world of entrepreneurship, but what does it really mean for you and your business?  How have you persevered in your business?  How will you stay on course and continue to persevere in your business in the future, no matter what comes up?  Persevering is all about being able to stay committed to your goals despite obstacles, setbacks, or failures.  In today's podcast episode, I'm exploring this concept further so that you can see how many entrepreneurs who have faced challenges on the road to success are able to persevere even when faced with these challenges.  Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, being able to utilize any obstacle, setback, or failure in your business will help you pivot along your journey as a business owner and have the grit to push through the tough times and keep going.  When using perseverance throughout these challenges, you'll find success in not only your business but your growth personally as a business owner as well… Join us in a community built specifically for accountants and high-stress professionals.  You'll receive support, accountability, and a community that understands what you're going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle:  https://www.financialadventure.com/community Schedule your Complimentary Stress Audit And Clarity Session, where we'll work together to create a clear and focused plan and overcome the obstacles that stand in your way so that you can move forward and immediately start enjoying your life with less stress, increased productivity, and more time to spend doing what you love with the people you care about: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to see how you like coaching with an Introductory Coaching Session: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

I Know What You're Thinking... Does an S-Corp Make You More Likely to Get Audited?

Here's What Your Tax Extension Status Says About You

Title: Capital Raising is the New Superpower: How to Win in Any Economy with Hunter Thompson Summary: In this episode of the Passive Income Attorney Podcast, host Seth Bradley engages with Hunter Thompson, a prominent figure in the world of passive income investing. They discuss the current economic landscape, including rising interest rates, inflation, and the inverted yield curve, and how these factors impact real estate investments. Hunter shares his entrepreneurial journey, emphasizing the importance of diversification and capital raising in passive investing. The conversation also touches on strategies for navigating the current market and the significance of education and mentorship in achieving financial freedom. Links to watch and subscribe: https://www.youtube.com/watch?v=g9QZ1WTVLUE Bullet Point Highlights: Passive income allows you to practice when you want, not because you have to. Rising interest rates and inflation are significant factors in real estate investing. Diversification is key to mitigating risks in real estate investments. Capital raising can be a hybrid approach to passive investing. Understanding economic indicators can help predict market trends. Real estate is a hedge against inflation, benefiting from rising rents. Investors should focus on net operating income (NOI) when evaluating properties. Education and mentorship are crucial for success in investing. Speed in decision-making can lead to better investment opportunities. Having a virtual assistant can help manage time effectively.  Transcript: Seth Bradley (00:10.42) What's going on law nation. Welcome to the passive income attorney podcast, the best place for learning about the world of alternative passive investing so that you can practice when you want to and not because you have to. So if you're ready to kick that billable hour to the curb, start by going to attorneybydesign.com to download the freedom blueprint, which will also get you access to partner with us on one of our next passive real estate investments and   We have a live deal right now. It's a 506 C opportunity for accredited investors only with a target preferred return of 15%. Yes, 15%. You heard that right. So jump on that. If you have a chance today, let's talk about when and what to invest in. There's been a lot of chatter about waiting for the right time to jump in over the last, I don't know. I'd say five years or so.   because everyone has their own prediction on when the next 2008 might happen. But well, other than the blip caused by the recent global pandemic, we haven't seen that natural correction yet. And who really knows when that will be? Nobody does. But what we have seen are very strong influences that could impact the real estate market in the very near future. And you know what I'm talking about?   I'm talking about rising interest rates. I'm talking about a highly inflationary environment that we're all feeling combined with, you know, an under supply that's creating a high demand and skyrocketing prices. So with all these different factors culminating right now, what does it all mean? What can we predict after factoring in all these things? Well, you're about to find out.   In this episode, one of my favorite investing personalities, Hunter Thompson shares his expert insights into this economic melting pot that's happening right now and how you can capitalize on it before you get left behind. Hunter is the founder of ACM Capital and who has acquired over $150 million of mobile home parks, self-storage retail office, ATM machines and cryptocurrency assets.   Seth Bradley (02:29.868) Hunter is also the host of the cashflow connections, real estate podcast, which has received over 1 million downloads. He's also wrote raising capital for real estate, which hit number one on Amazon in real estate sales and selling really stoked for this guys. Let's go.   This is the Passive Income Attorney Podcast, where you'll discover the secrets and strategies of to make Start living the good life on your own terms. Now, here's Seth Bradley.   the ultra.   Seth Bradley (02:57.475) y'all   Seth Bradley (03:09.518) Here's your host.   Hunter Thompson, what's going on? Rather welcome to the show.   Hey, thanks a lot. Our honor to on.   Absolutely, man. You're someone I personally look up to a lot and holding high regard in this industry. So super stoked to have you on the show today, man. Thanks again. Absolutely, man. So look, you've been on a ton of podcasts and you know, you're the host of your own successful show, cashflow connections. So I got to ask who's the real Hunter Thompson.   and mutual.   Hunter Thompson (03:38.894) So, I mean, you know, someone asked me like, if I had to say one word that identify it's entrepreneur man. And I think everyone listens to that. That's probably that speaks to them because anybody listened to the show, they take an entrepreneurial approach to reality and to their lives. Like we were not born passive real estate investors, right? In fact, we had to find this stuff out on our own to a large degree. And   A lot of us were kind of taught a lot of myths about investing, you know, save only invest in the stock market. For some reason, dividends can pay off your expenses at some points. Like you have to have a $40 million net worth to do that, you know? And so that feeling of like, man, I may have been lied to about some of the most important things in life kind of inspired me to go down a cool path and, you know, break some rules along the way, but here we are.   Nice. I love it, man. So dive in a little bit deeper. Tell us a little bit about your background and your story, and then we'll jump into it.   Sure, so I think for a lot of people when they talk about real estate and like their history in the space, 2008 is gonna come up. And that's the same for me. But I was very insulated from that risk. So was in college during 2008, but I saw what took place and I had a background as an entrepreneur and a poker player. And so I wasn't really like investing in the stock market, but when 2008 happened, saw flood was in the streets and I heard the quotes from the billionaires that said, that's when you should be buying.   And so I basically went all in on education. I was obsessed with CNBC. Jim Kramer was like the biggest fan of his, just reading everything from Warren Buffett, Charlie Munger, all those guys and started to follow financial markets, even dabbled in day trading a bit. And then something happened, started to have success as anybody that did that started in 2008, by the way. But it wasn't really until 2010 that something happened that like completely shifted my perspective.   Hunter Thompson (05:33.194) on everything I had learned up until that point. And people don't talk a lot about 2010, but for me, that was the big moment because after all of this research about quote diversification and hey, you got to get Apple and Johnson and Johnson and also some cash and maybe some gold and these types of things out of nowhere, the European debt crisis happened and it created massive challenges with volatility in the US markets.   And all of sudden everyone was focusing on some obscure economic data point, which was the Greece bond yields and the German bond yields. And it was like, Hey man, all this research I had done never suggested that something as ridiculous and obscure. I'm talking to every single person on CNBC was watching the   German bond yields. And the quote at the time was, if it goes above 7%, the S &P 500 is going to dive. And they were correct. And every day it would go above 7%, below 7%, and the S &P would go up and down and five, like over and over again. And I was like, I've got to find a way that a small firm or myself can conduct due diligence on an asset class that is, the performance is directly tied to supply and demand, not the German bond yields.   And so I was actually not really interested in real estate specifically. I just ended up doing a lot of research on everything that was out there and found real estate was extremely predictable in terms of wealth creation and had the opportunity to create some asymmetric returns. So that's what led us to this conversation today.   Yeah, yeah. So I know your story pretty well. So fill the audience in a little bit, but I know that Jeremy Roll, who's been a guest on our show before, is a mentor of yours and one of the first people kind of got you into the space or got you interested in the space. And he's well known for taking a fully passive approach, right? He's one of these guys that's just fully passive. That's kind of his thing. How have you kind of adapted that approach and made it your own?   Hunter Thompson (07:29.038) So yeah, you're right. going back to like 2010, I moved to California, which is one of the most decimated States in the country in terms of the recession, right? And so that's where I started my real estate career. And so I would go into the networking events, sometimes four or five a week. And it was honestly like going to, mean, it was somber to say the least. People had lost their shirts, people that created $10 million of wealth. If they were all invested in California, some of them are wiped out.   And I found that there was a couple of strategies that really struggled and there's a couple of strategies that didn't struggle. And, you know, some people don't talk about this, the default rate for multifamily apartments, 150 units or more like Fannie Fannie financed 1.5 % during 2008.   I mean, it's just, that's the reality of quality assets with a lot of checks. If you got a lot of checks and they keep coming in because rental income is not really volatile, you just didn't have that big of a problem. So I was very sympathetic to finding out how to do this. And the first person that really introduced to me to this was like you said, Jeremy Roll. And the thesis was this.   I'm very, I want to be focused on diversification. I don't want to be hyper allocated to one particular niche, but if you study economics, you know that in order to have a market advantage, you must be focused on doing one thing better than everyone else. But that is not conducive to building a portfolio that is diversified. Like you probably have interviewed a lot of like, let's say self storage.   Operator that's like all in on cell storage and Florida's the market and everybody knows the demographics are super favorable. got their whole $30 million net worth all in the East coast of Florida. And it's insane. All the baby boomers are moving there. It's amazing. And then once a year when it's hurricane season, they can't sleep for months because they got $30 million on the East coast of Florida. And it's like, man, the East coast of Florida is awesome, but maybe I should have a little bit in Georgia. Maybe I should have a little bit in senior living in Wyoming. You know what I mean? So.   Hunter Thompson (09:33.698) That's the only way to accomplish that from my perspective is to have a diversified passive approach. And I do know Jeremy very well, he doesn't just go to Mexico and drink Mai Tais. I mean, he works 50, 60 hours a week trying to allocate his portfolio appropriately. And I do a similar kind of thing with my portfolio and also have an active side of the business as well, which is where I raise capital for other people's deals.   Yeah. That's the beautiful part about passive investing is you can diversify across different asset classes, different geographies with different sponsors, all that sort of thing so that you can diversify within the realm of real estate or business or whatever it might be. Rather than if you are an active sponsor, you're operating those properties. That market advantage is knowing the market, knowing the market being boots on the ground and knowing all those intricacies rather than, but you know, if you're that person, it's very difficult to diversify.   Perhaps you can pass it invest in somebody else's deals. But again, you're, jumping into the passive investing space. Yeah. So you're very well known as, know, a great capital raiser. Do you consider that a passive approach or is that an active approach?   That's exactly right.   Hunter Thompson (10:44.142) Well, it's a hybrid, right? Because what I do is I still find and aggregate active owner operators in their respective niches. It's just that because I have a little bit of expertise in this and a due diligence process and some economies of scale, because we've invested very significantly over the years and because we have hundreds of investors and thousands of people on our list or tens of thousands on our list, we can do the level of due diligence that most passive investors can't.   even if they knew exactly what to do, it's not economically viable. So I'll you an example. There's a lot of passive investors that listen to the show. And I'm sure that if you had the time and infinite resources, you would want to go visit these properties in person on every single deal. Spend probably a hundred hours on due diligence on each deal. know, not only talk to the sponsors themselves, but their CPAs, their contractors, their property managers. You want to review their software. You want to run criminal checks, background checks.   If you had infinite time and resources, you'd probably do all that stuff. But if you do all that and you're investing 50 grand, your return profile is gonna be deteriorated by that due diligence process. And so I feel like there's need in the space for that extra layer of due diligence, but it's not economically viable unless you're pulling capital together, aggregating investors. And so that's why I founded Asim Capital to do that exact thing. We provide that service and...   usually investors aren't really paying anything out of pocket. We get our economics from the sponsor because we can show up with, hey, $5 million in 30 days, $10 million in 60 days, these types of things. And that's a great skill to have in the business of real estate.   Yeah. And you just laid that out perfectly. You know, why some people ask, why don't you just go straight to the operator to invest in rather than someone who might be mainly a capital raiser or an aggregator of capital. And you just laid that out perfectly. It's, you know, that's an extra layer of due diligence, time, effort, money that you as the passive investor don't have to do. And if you do do it, it just stops making sense. I mean, there's only so much you can do. Even if you take something simple.   Seth Bradley (12:51.022) It's certainly not simple, but something like, you know, looking at a sponsor's underwriting model, there are so many things to look into that and you won't be able to pick that apart. I mean, you just won't from the past investors per second. Even if I go grab somebody sponsors, some sponsors underwriting model and look at it, I don't know what equations they've changed. I'm not going to check a thousand different equations. But what we do bring value wise is that we know these sponsors. It's a really small industry when you get to know everyone in it.   And we know their reputations. know how their deals have gone. We know how they treat their past investors. So that's just an extra level of due diligence that the past investors at the retail level might not be able to do. least not.   Exactly right. That's exactly right. And something else, think that I obviously I've mentioned economics a couple of times in the show. Like this is the lens through which I view the space. And if you are an owner operator, you want to kind of play lip service to economics. So the reality is you've got your head down because you can't adjust your business accordingly. Like if you're a retail owner operator and then retail centers get   closed in 2020 and you cannot go to retail. You can't just go, all right, we're doing hotels now. You can't, I mean, you've built up a business around that, but as a passive investor, you can be nimble and aggregate capital and allocate capital based on your view through the lens of economics or otherwise.   Yeah, absolutely. Yeah, you're not going to if you're a retail operator, you're not going to say in tanks, you're not going to be like, OK, well, retail sucks now. Don't don't invest with me. Forget about it. Exactly. That's the more else you've got to come up with reasons why to invest in. It might not be the best for those investors.   Hunter Thompson (14:29.516) That's exactly right. That's exactly right.   So a lot of our listeners are attorneys, they're doctors, they're W-2s. Is raising capital something they should be interested in getting into? Should they take that next step?   depends. So, I mean, we do a webinar about raising money. And the first thing we say is like, Hey, look, this is like the third slide in the presentation. And I say like, are you actually ready for this responsibility? If not, should leave now because you know, what we talk about is turning on the faucet, turning on that thing. It's like the X factor of every business. And I don't want you to 10 X. I don't know what I'm doing. You know, so it's, take the responsibility very, very seriously. And,   If you haven't done a deal, for example, you shouldn't raise money for a deal. What you should do is go all in on education. And I know you've done just a tremendous job kind of educating your base, but you can go all in. I'll put this, this is like a really powerful way to put this. So in 2010, when I started going to real estate meetings, everyone was saying like, honor, this is the opportunity of a lifetime. I've been in this business for 30 years and never seen anything like it. This is the back the truck up moment. And I was like,   back what truck up? Like, don't know what I'm doing. Like, I don't know what a cap rate is. You know what I mean? But here's the crazy thing. They were absolutely correct. The market dynamics was so favorable that it was probably more favorable than any time in history, especially when it comes to commercial real estate. But four years later, I had developed more confidence, more knowledge, more network that the deals I solved then were better than the deals I saw in 2010. And that is why this game is amazing.   Hunter Thompson (16:05.794) because if you can expand your network and knowledge and confidence faster than even the most pronounced recovery in the history of real estate. And so all those people that if you ever hear someone saying like, now's the opportunity of a lifetime, go all in, like maybe they're right, but it might not be the right time for you. So just take your time, stay away from people that are pushy. The reason this game works is that it works all the time. So you never miss the opportunity of a lifetime. That's the whole point.   Love it, man. Yeah. So they already have the network, right? If you're an attorney or doctor, you probably know other attorneys and doctors. So at least you have that network established of high net worth individuals that you might be able to aggregate some capital with. But you're right. I mean, the education piece is imperative and everybody goes through that learning curve and it takes some time. And there's a lot of responsibilities to come with raising capital and investing in real estate in general. So you've got to make sure that you get that education piece nailed down.   Totally. Actually, do you mind if I, so like something that's been just like on my mind recently is, and so many past investors need to understand is that there's been a lot of discussion around the yield curve inversion and all of that. Do you mind if I talk about that? I'm sure that the lot of listeners are going to be interested. Okay. So recently, you know, there's been a lot of discussion around economic indicators and recessions and such, and what that may mean for us as investors and   Absolutely, let's jump into it.   Hunter Thompson (17:30.328) Part of this is because of the inverted yield curve. And I'll break what that down means just really quickly. So typically speaking, bond yields slope up into the right. If you think of the X axis as time and the Y axis as the yield, you would think that the yields would slope up into the right because the longer the time, the more time risk you're incurring, the higher the return you would want on your bond. So that's typical.   But every now and then there's this economic phenomenon that takes place where short-term bonds can produce higher yields than long-term bonds because people are concerned about short-term risk. And so bonds, the long-term bonds, people flood into the long-term bonds, which reduces the yields and also increase the yields of the short-term bonds. And so this unique phenomenon takes place. And historically speaking, this has been a very good predictor of recessions, typically 18 to 22 months after the inversion.   of the two year and the 10 year bonds. Does that make sense before I go forward? Yeah. Okay. So I think that this is a good indicator of recessions, generally speaking, but I am very bullish about the current environment and I can give you some data as to why, but most importantly, 2008 is a really significant aberration. Recessions do not typically trigger   significant pullbacks in real estate. mean, a 10 % pullback in real estate, especially commercial real estate or multifamily apartments in particular, that is pretty a historic. mean, it takes, you got to look back decades to find these types of examples. And I just want investors to understand that. But we saw something in 2008 that this was confirmed in 2020. That is just a holy crap type of moment, even in the face of that potentially challenging information.   which is in 2008, for the first time to this scale, the federal government, know, printed trillions of dollars. And this was basically the Pandora's box, which was open in terms of quantitative easing. And I believe it set the precedent that anytime something catastrophic or borderline catastrophic or could be catastrophic, could happen, they're gonna smash that button. And I've been talking about this for a decade and then 2020 happens.   Hunter Thompson (19:51.252) And boy, were we right. And they smashed the trillion dollar button harder than they've ever smashed it before. The United States government printed about a $6 trillion. Federal governments all around the world, the central banks printed another $4 trillion. So there's 10 trillion extra dollars in the system slushing around the financial sector searching for yield. And I believe   that what's going to happen is that yield, that search is gonna go into the bond markets first, because it's the only place you can place trillions of dollars quickly. And then it's gonna work its way to United States real estate, which I think still is the most favorable risk adjusted investment in the world. And I'm not the only one that thinks that. So imagine this trillion dollar tsunami set to crash on a very limited amount of supply in the United States.   in the wake of enduring an affordable housing crisis in an environment where every bond in the industrialized world is negative, the United States positive interest rates and positive cap rates are here to provide that yield. And this is a crazy, crazy moment. I want to talk about interest rates in a second, but like that tsunami, that visualization of that tsunami, I think is creating a situation where it's like, are you going to surf that tsunami?   Or are you going to sit back and watch that crash and watch equity prices rise without participating?   Yeah. Yeah. So how did the other things kind of layer onto that? I mean, we're not just hearing about the, you know, the inverted yield curve, but also, you know, the interest rates that the feds are hiking up and inflation is through the roof that everybody's feeling the effects of that. I mean, how do all these different factors, you know, what are they resulting? What is the result or, know, what is your prediction of the results?   Hunter Thompson (21:39.278) So first of all, I'm glad you asked this because I'm working on a summit right now where we're having 22 experts in different niches talk about their perspective on this exact topic. And so I'm in the middle of these sessions and like they have been crazy. So if you want to get access to that, it's a free summit, by the way, you can go to 100ktoinvest.com and it's for people that have a hundred thousand dollars to invest. you you want to look at different niches through this economic lens. So someone I just interviewed on my show, Dr. Peter Lindemann talks about this and   very well-known economist. Basically these rising interest rates, dude, this is serious. I mean, this is not some like economic indicator. This is actually happening right now. I know a $40 million deal that just got blown up because the bank basically underwriting changes if the interest rate increases by a hundred basis points, that's significant. But we got to put this in context. So when interest rates rise,   typically it's because of concerns around inflation. And that's the case for now as well. And inflation is typically thought of, or I think I should say, real estate is typically thought of as a hedge against inflation. I mean, you've probably said that a million times, I have too, but I think out of this conversation, you maybe will both start phrasing it slightly differently. It is true that it is a hedge against inflation, but I think that doesn't even come close to stating.   how favorable inflation is for real estate owners. Because when we think about real estate being a hedge against inflation, I think it's like this. We think about the equity prices, the prices of real estate rise proportionally as inflation takes place with is true. But there's something else that's taking place, which is there's a distinction between equity prices and consumer prices. So when consumer prices rise, you have inflation working its way through the monetary system and the consumers feel it.   from top to bottom, right? But in real estate, we trade the assets on a multiple of net income. So I know you bought some multifamily apartments. have I. Most deals look something like this. We're buying from an owner that doesn't know what they're doing for some degree or another. We're going to buy the property, raise rents, cut expenses. We'll probably raise rents by 15 % year one, maybe 8 % year two. And then from that year going forward, we're probably going to track along with inflation. Does that make sense?   Hunter Thompson (24:02.572) Yeah. If you're being conservative. Yeah. So I would expect rents after the business plan is implemented to simply track along with inflation to be conservative. And then expenses will also track along with inflation. Now, most people, when they hear that, they think, it's a wash. You know, the top line is increasing by 5%. The expenses are increasing by 5 % and no one's really going to benefit. But that would only be the case if it was a one-to-one ratio of gross to expenses.   Absolutely.   Hunter Thompson (24:31.98) or net to expenses and it's not. Like most of the assets you and I look at, we're talking about 45 % operating expense ratio and self storage, for example, you can see 35 or even 30 % operating expense ratio. So it's disproportionately impacting the top line compared to the bottom line, because the bottom, the expenses are so much smaller. So the net is actually increasing significantly every year you have five, six, seven, eight,   percent inflation. And I'm sure you've seen a lot of people that say it's really 15. That's even better for owners because the net isn't going to increase, increase and increase. There's one other piece of this inflation discussion that I want to talk about, but it's a little bit confusing. Are you, did I explain that in a way that's clear?   No, that was perfect. Very clear. Complicated subject, very clear.   Okay, good. So it's not just a hedge, right? The hedge is like, sure, the asset values excluding this discussion around NOI. That's the first part. The second part is the NOI situation is very favorable for investors. The third piece though is like this almost no one's talking about this. And I think it's probably the most powerful and conceptually it is the most powerful, which is if I go to buy a $15 million piece of property, I put $5 million down.   I borrowed $10 million. The bank is now on the losing end of basically compounding interest because of inflation. If I borrow $10 million in today's purchase power, by 10 years, if inflation continues at 8 % per year, by 10 years, the purchase power of that $10 million has been cut in half by inflation, meaning the purchase power of the dollars, I will pay them in 10 years,   Hunter Thompson (26:18.104) Half is valuable to me. And it's the same dollar amount that I ended up paying them, but the purchase power has now been cut in half. So what this means is that while there is so much chatter about interest rates rising, the reality is they're net negative in real terms. The bank is paying you to borrow their money, to buy an asset, which value will increase and also in a while will increase and also likely the multiple on which that in a while is.   rated will increase. This is why this is a back the truck moment for these real estate owners. And, you know, that's what we're doing right now. Yeah.   So based on that, do you think when you're looking at different asset classes, the more disproportionate the income is to the expenses, maybe the more favorable that investment looks like nowadays?   Really good question. Um, I do think there's some merit to that, but I gotta say a caveat. So we have some self store, excuse me, some, assisted living properties and those actually are like 70 % operating at expense ratios. So you can hear this and say, Oh, those maybe we're going to get hammered. Senior living is dealing with some challenges because of COVID, but the top line is not increasing at inflation. The top line is increasing at like 10, 15 % nationally. So.   I don't know exactly what's going on, but there's obviously there's more to this conversation than just the inflation discussion, but it isn't the case that we're losing money because of this. It's a challenge because of like move in certain States are still locked down. There's challenges, all that whole thing, but the demographics and everything I think make up for that. But to your point, I think your argument can be made all things being equal. Meaning I think that let's say class A apartments start to make a lot of sense. Self storage start to make a lot of sense.   Hunter Thompson (28:07.234) You can make the argument that new development could even make sense. So that's not something I do and have ever done, but you can start to make that argument for sure.   Yeah. So maybe give us a preview. I don't want to give away the whole thing. I know you've got the a hundred K to invest summit coming up, but what are some of those investments that start making sense in this environment? We've kind of touched on it a little bit, but maybe make it a little bit more clear.   my gosh. I'm so okay. So I'm such a nerd. So I'm like literally nerding out, but let me give you a couple of examples. So we have like a big broad view of things that we're going to talk about because there's a lot of things that I invest in. There's a lot of things that I don't invest in, but generally speaking, when it comes to wealth creation, the summit's broken down into three days, protect, grow and multiply. And like in that order. So protect is like downside protection, focused real estate, know, stabilize multifamily apartments.   sell storage assets, things like that. Then in grow, we're gonna talk about, know, development, maybe something with like real estate and blockchain, you know, the tokenization of real estate, for example. Then in multiply, we're gonna talk about Bitcoin mining. We're gonna talk about Dow funds. We're gonna talk about buying existing businesses. One of our clients owns the company acquisitions.com. And he's gonna come and talk about like buying businesses that are cash flowing. I try to put them on the spot and be like, what sector is your favorite sector right now? He's like,   He's like French Canadian. He's like, I don't really care about the sector. He's like my friend that just bought the company is a billionaire. did yogurt. So I don't want to say that yogurt is the best sector. He's like, he's going big on yogurt, dude. so anyway, it's going to be a cool summit.   Seth Bradley (29:43.284) That's awesome. Yeah. It sounds like it's going to be like really diverse, right? It's not just, okay, a multifamily summit. You're kind of going to give this broad swath of lots of different ways to invest in different risk profiles as well.   Totally. That's what's cool. Okay. So this is what you and I like kind of have in common. Like we can actually be open and honest about our views because of the position that we play. And this is why I don't think I've ever seen a summit quite like it because it wouldn't be good for business if all you did was multifamily and you go, Hey, go invest in Bitcoin mining. So, but you know, we're just trying to do the right thing for the past investors. Like I said, hundred K to invest.com.   Yeah. I love the concept, man. Cause a lot of people are thinking that they're like, okay, well I've got, I've got a hundred K to invest. Like what is the best place to put it? And especially with all these different crazy factors that are going right now, going on right now, that's, that's awesome. Very timely. All right, man. Before we jump into the freedom for let's jump on to one last golden nugget for our listeners. got one.   Yeah. Just go spitball. Cause I have got a bajillion. Okay. didn't know you did the freedom for that. So crazy. do a freedom Friday thing. We're on the same page in so many ways, dude. That's awesome. So, here's a golden nugget for sure. you know, speed beats pretty much everything. So what this means is that, the difference between like college sports and professional sports, basically that everyone's faster. In fact, you can be smaller, but if you're way faster, you can still move up through the ranks from high school to college to professional.   Spitball man.   Hunter Thompson (31:08.832) And the same is true of business. Now, some people might hear that and go, like you're rushing through due diligence. No, it means rush to conduct due diligence, rush to start. But it doesn't mean go quickly and rush through it and do it sloppily. It means get to it. And one of the best ways that I've found to get to it is to find mentors, is to find guides and not try to figure it out on your own. know, of cool things that I've done, you mentioned some.   cool things I've done in this industry. It's awesome, but dude, I didn't make any of this stuff up. That's not my lane. I want to find someone that has done exactly what I want to do. And I want to model it as closely as possible. And by the way, when you do this, you'll find a place where you feel like your gut wants to go right. And they went left. And sometimes you can feel like, okay, now I got to go on my own. I'll you a perfect example. You mentioned Jeremy Rohl. He's a passive investor, right? And there was a moment where I was thinking my skills are not   completely used. Like I've got this excitement about like building websites and marketing and email content, which Jeremy doesn't do, you know? And I'm like, I need to find someone that's done that. I looked left, found someone that went that direction and then model, model, model, model. And I'm sure there's going to be a moment where I have to do the same thing and model, model, model. So I'm never going like, Hmm, how can I use my raw intelligence to figure this out? By the way, if I had done that, you know, I still would have been like struggling to get C's in college. You know what I mean? So like it's all because of just finding good mentors.   Yeah, absolutely. It's a way to accelerate your growth. A lot of people, they'll look and say, look, I don't want to buy this course or this mentor or this coach because it's expensive and it might be expensive, but think about like what people pay for their undergraduate degree or their law degree. I mean, it's ridiculous. And it's a fraction of that.   That's exactly right. probably shouldn't made a joke about making season college, given your audience, but, you know, here's what I can say about your audience in particular. Everybody kind of values things differently. And it's like your audience has a high demand for time. Cause it's what they lack. When I started my career, I had all the time in the world. Nobody cared about anything. I couldn't get my calendar to get filled up, but all of sudden after years of working the skills that I have developed now, the sense is very difficult for me to get 15 minutes.   Hunter Thompson (33:24.342) So when I think about how can I expedite whatever this is, my need for money is low. My need for time is high. So it's like, if I can pay to expedite whatever it is, trust me, you tell me it's $5,000 to get 30, okay, done. I'll get the result in 30 minutes. Boom, here's the five grand. so, but that's a balance, right? So there's a lot of people listening to this right now that are kind of going down this path and perhaps they have a lot of time. So then what the opportunity is, is that's your leverage point.   Find someone that has a high demand for time, low demand for money, and you can exchange.   Yeah, definitely. Most of our listeners definitely don't have time. mean, I'll be like, Hey, make sure you get a workout in or meditate in the morning. Like I don't have 15 minutes. don't have an hour. Billing, Billing 3000 hours a year. It's ridiculous, man. I've been in that world and it's, it's tough to carve out some time. So that's why I passed investing is really the way to go. mean, I did the fix and flips and, and did all that kind of stuff to start out with. And it's just, it's not a good business model for.   So tough.   Seth Bradley (34:23.15) You know, an attorney at a big law firm or a doctor that's running their own practice. It's just really difficult to balance those things. All right, man, let's jump into the freedom for let's go.   Totally.   Hunter Thompson (34:33.454) It's time for the Freedom Form.   What's the best thing you do to keep your mind and body healthy?   you already know. you know, I'm constantly working on, like kind of like athletic inspired things. have a gym. It's probably the most baller thing ever. I'm not like the typical flashy person, but I do have a home gym is pretty dope. and so right now when I'm working on is a 1,000 pound total for the three powerlifting lifts, the squat bench and deadlift. I'm not there yet, but I'll check in maybe in three months and I'll probably be there.   Woo, sounds good, man. With all your success, what is one limiting belief that you've crushed along the way and how did you get past it?   dude. Okay, I'm not gonna do like a 30 minute thing on this one, but you know, I think a lot of people...   Hunter Thompson (35:21.432) get the impression that the higher you go up in the success ladder, the more it's about tactics and strategies and nothing can be further from the truth.   Hunter Thompson (35:35.326) I've paid $50,000 to be in a room with some very successful people. And the reason that room is so exciting is because you start to realize that there is no ceiling. It's a mental thing. It is not the tactics and the strategies that I wanted to learn. I wanted to know what they move like, how they think. And that's a lot of money to pay. But the higher you go up in that ladder,   The smaller, the little tweaks, the, that realization that, I should do that. I can do that. That stuff. It's crazy. Right. Because when you start, you're like, there's a certain point, like at different layers, again, there's a certain point where you go, I'm sick of hearing about this mindset stuff. get it. I just want results. But then you realize later, that's all that's holding me back. So like, that's my thought.   Yeah, it's a lot of money, but at the same time, that's something that sticks with you forever. Once you get over that, not that mindset hurdle, it's with you forever. What's one actual step our listeners can do right now to start creating more freedom.   Totally.   Hunter Thompson (36:40.28) So funny that you have these dude, this is so cool. I've like, respect this so much, cause it's what it's all about. One strategy they can implement. I would say leveraging technology to save time. First eliminating a lot of tasks that you don't need to be doing, but leveraging technology as opposed to people, especially you. And then as you first eliminate, then automate and then delegate. So.   Everyone on here, and this is going to hurt a lot of people, but every single person listening to this right now should have a VA or an assistant of some kind. Like if you're making six figures, it's absolutely inexcusable to not have someone doing some of the tasks that you shouldn't be doing. If you Google the term unique ability by strategic coach and Dan Sullivan, it'll give you some insight in terms of my views on a lot of that stuff.   Perfect. Yeah. Sometimes it's hard to let go, but you got to do it. That's right. Last but not least, how has passive income made your life better?   dude, that pro come on. mean that these are great questions. Okay. I mean it is my whole life. It has made my whole life, but just real quick, a story about this. So a lot of people listening to this show, when you get started in this path, the main goal is to have your passive income exceed your expenses. And that's was my goal when I got into this business as well, until I was at a conference and someone at the back of the stage, back of the room said that they had a cool announcement.   because they had accomplished their number one financial role. And they come up there and of course I assume he's going to say that. And he goes, so I achieved my number one financial goal was that my passive income is now 10 times my expenses. I was like, what? Like mind blown situation. Like I didn't even know that was possible. I didn't know that's legal. Like, what are you talking about? I never heard anyone say a multiple of that. Like, you know, he's probably.   Hunter Thompson (38:27.402) Super frugal guy, by the way, $10,000 a month in expenses, $100,000 a month in passive income tax deferred dude. So that's possible in this game. you keep going.   Love it, man. All right, Hunter, this has been awesome, man. We're going to find out more about you.   Yeah. One thing, 100k to invest.com. That's it. You guys are awesome. Thanks.   That's it. Go check it out. Thanks again, Hunter. Hunter Thompson, ladies and gentlemen, you can see why I like him so much because well, there's a lot of the same ideas that I have. have the same political views. We have a lot in common and well, he's just a lot like me and who doesn't like someone that's like them, right? So anyways, major key, they say the best time to plant a tree was 20 years ago and the second best time is now and   The same thing goes for investing. There's no better time for you to take action than right now. There are always opportunities in every part of the cycle. You just have to get educated and make the right moves. All right. If you're ready for a change and ready to take action, partner with us on our next passive real estate deal, which is live right now. Go to passiveincomeattorney.com and join our Esquire passive investor club. All right, kiddos, enjoy the journey.   Hunter Thompson (39:43.544) Thank you for listening to the Passive Income Attorney Podcast with Seth Bradley. Do you want more ideas on how to generate multiple streams of passive income? Then jump over to passiveincomeattorney.com for show notes and resources. Then apply for the private Facebook community by searching for the Passive Income Attorney on Facebook. And we'll see you on the next episode.   Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en   Hunter Thompson's Links: https://www.instagram.com/hunterlthompsonofficial/ https://www.threads.com/@hunterlthompsonofficial https://www.facebook.com/hunterlthompsonofficial https://www.linkedin.com/in/hunterlthompsonofficial/ https://www.youtube.com/@hunterlthompsonofficial https://raisingcapital.com/hunterthompson