Thu, 28 September 2017
Smart Wealth Building with Todd Tresidder episode 193
Todd Tresidder is known as the financial mentor looking at smart investment strategy wealth building advanced retirement planning and entrepreneurs and with a distinctive human twist and if you heard him before you know he's distinctively human.
Todd's call to action is invest more build wealth retire early and live free and I like to live free part
Todd talks how to catch up on your retirement savings when you're behind and there are so many thoughts behind that.
First of all, when you design a wealth plan you know the whole premise here the starting point is you have to have a plan to achieve wealth because if you don't have a plan then you're going to produce random results.
The saying is if you don't have a plan and somebody else has a plan for you.
Right where you become part of somebody else's plan and so you know if you're a contractor or you're building the business on your own.
You're a guy that's moving your life or you need to create your plan that's going to Chief financial independence because it's not enough just to make the money see there's there's a couple components to the equation in traditional financial planning but we're also going to go into nontraditional strategies here, but in a traditional model you know you make the money in your work and then you have to translate it from earning income over to the asset side and there's a fission in efficient ways to achieve that goal and so one of the things about having your own business which is one of the asset classes you can work with you.
You must match the asset classes to the skills resources abilities and goals you bring to the equation.
So yes one of things is different from the way I teach wealth planning from how most people are how traditional financial planning teaches it in traditional financial planning right you go sit down your financial planner and what does a guy do he asked you some risk profile stuff and looks at your goals and looks at your spending level and then they, they punch this stuff in no computer and then they print out this beautiful brochure thing glossy with you know pretty pride charts and all this stuff.
And so what people do this initially bring it home stick it on a shelf and let it collect dust they never doing with it and there's a couple problems with that one is that it's not actionable there's nothing for you to do because the premise of the entire plan is that you supposed to make as much money as you can spend as little as you can and shovel that savings over to your financial planner so he can stick it in a magical asset allocation form a so you're rich some day in the future right does that sound familiar
Again it's just easy to call out because that's how it's done every day in the business and so the way I teach it's totally different OK what you want to do is you come to the equation with skills abilities resources goals.
OK you've got to take those and then there's three asset classes you can use to build your wealth in this is different from how traditional financial planning teaches it traditional is it's all about 1.Paper assets as they can sell you like stocks bonds mutual funds insurance
Because that's how they make their money they're selling you investment products of course that's what's going to go into the financial plan and so the way I teach it is there's actually three asset classes the ones that are the traditional financial planning offers are what I call paper assets right against stocks bonds mutual funds insurance that kind of stuff and so that's what in one category called paper assets the
2 . The 2nd asset is something each contractor's already building which is your business business entrepreneurship and the
3.Third asset is a real estate and income producing real estate and so one of the favorite strategies I have with entrepreneurs right on the whole which doesn't exist in most financial plans is owning the real estate that your business is housed in.
Yeah so you know pretty much any accountant worth his salt would tell you that if you plan on being in business for fifteen to twenty years in most people do if you have that kind of time frame in your business it almost always makes sense to own the property
Even if it doesn't make sense on a straight cash flow basis in the long term it almost always pans out on the property now why that's key in a financial plan for a contractor is that that can become a source of retirement income when you sell right because then you can lease the property if you can what you can do is you can have the business become the lesser you beat you're the owner the business then leases it from you and that way that's a way of translating money out of the business and into the air and into your personal equity side and then what happens is fairly low risk because as long as you stay in business you stay profitable the business pretty much guarantees that you'll be positive cash flow on the property by right.
It's an extremely low risk way for you to begin to build wealth and the other thing that's great about owning real estate that your business is housed in is it will usually almost always provide inflation adjusting income that you can never outlive and there simply aren't that many assets you can say that about.
And then another aspect that makes sense she strategy for contractors one it's not rocket science right you have to become some big investment genius to do it most contractors own their home you know at least they intuitively understand how to buy a home or buy a piece of real estate and so an intuition will take you a long way on real estate and so I'm not some big Let me be clear in some
I'm not some big real estate advocate right I'm talking about this mainly because it's a sort of a no brainer strategy for most contractors in their wealth plan and it's not commonly taught by financial advisors because again they can't sell it to you just as I can't sell to you but I'm an educator I'm not I don't sell investment products.
Todd Tresidder’ s call to action invest smart, build wealth, retire early, live free. If you want to check out Todd Tressider s website to get an example of what he is talking about Go to www.financialmentor.com (website) and see how it is set up to give potential customers what they are looking for in his services. Our sponsors
Direct download: Smart20Wealth20Building20with20Todd20Tressider2020193.mp3
Category:pod cast -- posted at: 6:30am EDT
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Thu, 21 September 2017
Know Who You Are Selling to with Heather Havenwood. Episode 192 Today we have Heather Havenwood CEO of Havenwood World Wide LLC. Also known as Chief sexy boss she is a serial entrepreneur. Today’s highlight we really got into talking about one of her clients a contractor. Really getting into knowing who you are selling to and being that person, they can relate to you can close more sales. Most of us guys we have tunnel vision we see things a certain way and that’s great if only our customers saw things the same way. Heather sees Contractors as artistic. Her contractor kitchen contractor. He sold and installed kitchens and wanted Heather to fix his website. Not realizing that he needed to be fixed first. Or some adjustments had to be made whit him first. Yes, his website did need to be changed but that wasn’t a priority to get him where he wanted to go. They were getting referrals so obviously doing good work so Heather said let's talk about your markets.
Who are you selling to. He said he sold kitchens like most of us guys tunnel vision we sell. But who ultimately buys. Whose kitchen is it. It’s the woman’s kitchen. Even if the guy and you get along if she doesn’t like you there is no sale.
If you are selling garage modifications. Guess what the women could care less. The guy is your customer.
Heather even goes into how do you talk to the women client. And why you talk to her and ask questions a way.
This has been a great talk for contractor to really take a hold of and really put into practice.
Heather really let it all on who to really look at who is our customer first and then build a sales platform around that customer especially women.
Let’s face it women really spend the money so we should do everything in our power to learn how to relate to them.
For those of us who are married listen and learn.
Contact Heather at http://heatherhavenwood.com/
https://www.facebook.com/heatherann
https://www.linkedin.com/in/heatherannd
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Direct download: Know20Who20You20Are20Selling20To20with20Heather20Havenwood.20Episode20192.mp3
Category:pod cast -- posted at: 6:30am EDT
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Thu, 14 September 2017
This week we have Tom Reber for the Contractor Fight Podcast. Tom is a Marine veteran and a man who leads contractor fight podcast and former owner of a successful residential painting company outside Chicago. I got out of the Marines I worked for my uncle for couple years ran his crewsa, Fast forward another couple years and up start my own business and we. Outside of the Chicago land area we're out of a little ten by ten room in my basements and within three years we're doing a little over between three and four hundred jobs per year. What happens so much in the market place is that contractors don't get credit for their abilities. And a lot of that is our own fault. We don’t give ourselves the proper credit for or own expertise We need to be our biggest fan! if I can be honest it simply comes down to I don't think we are our own biggest fan you know if you're going to be a business owner if you're going to take on, everything that comes with having your name on the check right and then. You first and foremost must make the most important sale you make every day is that one to yourself that you're the man or woman for the job. You have to own it. You must believe there is no better option in town than you and you've got to get your head right around then, if you don't have your head right around that really understand the value you're bringing people. Then you're going to have a harder time building your business that's so true . One of the challenges is many contractors don't see themselves as the business owners. You know winning this contractor fight that I'm all about is about us taking back our dignity as contractors you know for too long, we have told ourselves a B.S. story that you know life has to be a certain way for a contractor you know to too long contractors have made crap money you know I you know it does not have to be this way. We need to come to the realization as contractors we have value in the market place. And we should be paid in accordance to the value we bring to the market place. Tom Reber says we need to own our crap To contact Tom, you can https://thecontractorfight.com/ https://www.facebook.com/contractorsalesacademy/ Our sponsors
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Thu, 7 September 2017
Monetizing your Divine Genius with Chris Miles episode 190
Do you have the passion with in your business to set yourself apart? Chris Miles is known as the cash flow expert. He's a leading authority on how to quickly create cash flow. He finds an average of thirty-four thousand dollars extra per year. On what they already have and consistently teaches audience and how to do what no other financial adviser can or will and that's achieve financial prosperity while spending time doing what they love the most not in, Twenty years or thirty years from now. Monetize the divine genius and how not to be a commodity. We all have this unique fingerprint right and we can live on this planet you know we all have these unique make up of our passions skills education experiences strengths or gifts talents things like that that make up who we are and when we are truly understand like who we are what we have to offer In your business or how much time you take It's shouldn't be a time based type of transaction. how much value do you really create in a way that people want to exchange money for if they believe they're getting a better deal than the money. You're not just the painter you are you become an artist to that person or client. it's really this taking your strengths and just magnifying it more and focusing on the overall outcome. We all have this unique thing that we can bring to the table, we figure out what that is and what people really truly value and makes it so much easier make money or get set yourself apart from the competition in fact which you'll realize. There is no competition. The only thing that can really set you apart is your passion the right passion is just so essential and so critical to amplifying and really exponentially increasing your talents ,this is what attracts your customers and keeps them. I wonder if it's just a great lesson for everybody is you know whatever you're passionate about you need to bring it out in the forefront of whatever you're doing in the way you contact your clients or work with them or your potential clients just because that's going to make a difference really. Connect with Chris Miles at Chris@moneyripples.com Stop by his website http://moneyripples.com/ Get a copy of his book Beyond Rice and Beans
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Direct download: monetizing20your20divine20genius20chris20miles2020episode20190.mp3
Category:pod cast -- posted at: 6:30am EDT
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Thu, 31 August 2017
Seo for Growth with Phil Singleton episode 189 Phil Singleton walks the walk when it comes to explaining what Seo really is and how it works very simple so that even I could understand the whole concept. In a nut shell. Everybody uses google. Weather you have a product or a service you want to be out there. But you must be there so people can find you especially in your local area. You need to be found so Your potential customers can find you. This is what Phil does for you. It’s like this when you need someone to fix a tooth you go see a dentist you don’t try to do it yourself it could be dangerous. Same thing with SEO oyu hire an expert like Phil So He can do what he does best (you ad him to you profit making team ) and you go do what you do best.
In his book SEO for growth Phil says that the actually wrote in English for the most part so we all could understand it . It’s all about a system and taking the time to map it out and then put the plan into action.
Get Phil’s Singletons book Seo For Growth this will take you to amazon to go check it out read a chapter Go to www.seoforgrowth.com
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Direct download: phil20singleton20seo20expert2020episode20189.mp3
Category:pod cast -- posted at: 6:30am EDT
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Thu, 24 August 2017
Today with Brian McNeill we get really into talking all about sales Brian gives the reader in his new book the power to overcome objections, the power to isolate the close, the power to close more sales. Brian’s company since 1992 have helped companies to hire, fire, train, motivate, and develop sales people and he loves contractors, since that is where he started his sales career. And you can tell that we have a ton of fun. In Brian’s New Book Ask for the money how anyone can close more sales. Even you. Brian gives the reader the power to overcome objections, the power to isolate the close, the power to close more sales. We talk about some of the great authors that helped him with his sales, Tom Hopkins, Zig Ziglar and one of my absolute favorite authors Og Mandingo.in my early years Ogs books were like reading classics. Easy to read with such great relatable content to you personally and to the sales situation. In sales your integrity is at stake when you have a product to sell and you don’t do your best to make that sale . Brian calls it the sin of the desert. When you know where the water is and you won’t tell anyone else about it. Brian has some profound teaching about sales that can and will get you to another level Connect with Brian McNeill At www.Verypersonalcoaching.com Go to his page for contractors, http://verypersonalsalescoaching.com/for-contractors-only/ Phone: 919 345 4893 Email: brian@verypersonalsalescoaching.com Our sponsors
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Thu, 17 August 2017
Paul Reed says he helps influencers hack their limits to reach new heights. You can SOAR! if you are in business, you know that there are times you get stuck and can't figure a way to get to your next level. Sure, it’s happened to the best of us and it could be happening to you right now. We get to a certain point in our business and wham the same things happen all the time. It could be I can’t seem to get past a certain income level or a revenue level. I can’t seem to hire the right employees, or get better customers. It like being on a hamster wheel and you go around and around and then suddenly it stops and you fall off. You get back on and start the process all over again only to come to a level of frustration, and for each one of us it is a different level of frustration. Paul Reed and I had a great conversation about.
Some of the conclusions that Paul Reed revealed. On getting unstuck
By finding out what has us stuck we can get unstuck and move on
Paul’s offer to our listeners, that’s you Get your 15-point pdf, Questions you ask to achieve a goal Go to http://www.paulreedthis.com/contact/ Fill out the form and ask for your 15-point pdf Questions you ask to achieve a goal. Breaking it down that goal so that is set.
And for the first 5 that go to the page to get this and fill out the information he will schedule a free 30 minute call with you to set that goal in your subconscious mind to make goal come to fruition.
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Thu, 10 August 2017
We are a marketing resource to contractors in the building, painting, pressure washing, roofing, plumbing·heck almost any trade that you can mention. Our goal for this podcast is to help contractors stay on top of all the different marketing topics that
Direct download: gregg_burkhalter_the_linkedin_guy_personal_branding_186.mp3
Category:pod cast -- posted at: 6:30am EDT
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Thu, 3 August 2017
How to Have More Clients Than You Can Handle For Your Service Business with Todd Tresidder 185 Everyone wants more business how about you? Todd Tresidder is known as the Financial Mentor. He is an expert in smart investment strategy, wealth building, advanced retirement planning and entrepreneurism – all with a distinctly human twist
. He teaches "How to have more clients than you can handle for your service business",
What is his Strategy
Some high lights of our interview
What does that mean
Todd Tresidder’ s call to action invest smart, build wealth, Retire early, live free If you want to check out Todd Tressider s website to get an example of what he is talking about
Go to www.financialmentor.com website and see how it is set up to give potential customers what they are looking for in his services.
Our sponsors
Direct download: How20to20Have20More20Clients20Than20You20Can20Handle20For20Your20Service20Business20with20Todd20Tresidder20185.mp3
Category:pod cast -- posted at: 6:30am EDT
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Thu, 27 July 2017
Why is Google Local Important to Your Business with Joy Hawkins184
Joy Hawkins is a Google Local SEO expert.
Need Help Making Sense of Local SEO?
We all need help with the ever-changing updates with Google Local
Joy Hawkins is a Google My Business Top Contributor.
She regularly contributes to many online communities in the Local SEO world, including the Google My Business forum (Top Contributor), the Local Search Forum (Top Contributor), and the Local University Forum (Moderator).
She is also a contributor to the Moz Local Search Ranking Factors survey.
Joy is the owner of Sterling Sky in Canada and is the author of the Expert's Guide to Local SEO, which is an advanced training manual for people wanting a detailed look at what it takes to succeed in the Local SEO space.
As we talked about all the recent changes Google is making we talked mainly about the local and how some of those changes really can benefit your business. I was amazed that there are about 200 factors that make you rank on the local page and that reviews are a big factor. And mow how easy it is for your customers to leave you a review especially if you have an android or google maps on your I phone.
On Google my business page you can now have coupons or special s available in your feed .
Another neat thing that is available through the Google my business is you can create a mobile page somewhat like a landing page for your business while you are waiting for your website to be built. Or maybe just a landing page?
If you would like to connect with Joy and have her help you in any way You can email her at joy@sterlingsky.ca
You can even connect with her on twitter @JoyanneHawkins Need help in any of these areas
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Direct download: joy20hawkins20google20local2Ccontractor20marketing.mp3
Category:pod cast -- posted at: 6:30am EDT
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