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Innhold levert av Jeff Smith. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Jeff Smith eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du fĂžlge prosessen skissert her https://no.player.fm/legal.
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Smart Strategies for Business Savings

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Manage episode 437605496 series 3495003
Innhold levert av Jeff Smith. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Jeff Smith eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du fĂžlge prosessen skissert her https://no.player.fm/legal.

In this episode of 'The Tactical Empire,' host Jeff Smith and guest Shawn Rider discuss strategies for business owners to optimize cash flow and maximize wealth. They begin by sharing personal updates about local events and business projects. The main topic revolves around why business owners often keep excessive cash reserves in their business accounts due to fear or lack of knowledge. They suggest using the Profit First methodology, leveraging high early cash value life insurance policies, and utilizing credit lines as emergency funds. The discussion includes practical advice on maintaining an appropriate level of business expenses in savings and how to strategically invest excess funds to grow personal and business wealth. The episode emphasizes the importance of financial education and strategic planning for long-term success.

Chapters

  • 00:00 Introduction to Tactical Empire
  • 00:32 Meet Shawn Rider
  • 00:49 Weekend Recap and Greek Festival
  • 02:11 Business Updates and Storage Project
  • 03:44 Investing in Business Projects
  • 05:28 Mentoring Business Owners
  • 06:26 Cash Management for Business Owners
  • 09:03 Profit First Methodology
  • 11:56 Leveraging Cash for Growth
  • 22:17 Emergency Funds and Credit Lines
  • 25:31 Closing Remarks and Social Media

You can connect with Shawn Rider on Facebook and Instagram.

📱 Join the Tactical Empire and Connect with Us!

Conquer your limitations, strategize, execute, and live a life of abundance. Connect with Shawn Rider and Jeff Smith across all platforms:

đŸ‘€ Connect with Shawn Rider:

https://www.facebook.com/shawn.rider.771

https://www.instagram.com/shawn_rider_/

💬 Find Jeff Smith:

https://www.instagram.com/realjeffsmith/

https://www.facebook.com/groups/thetacticalempirecommunity

https://www.linkedin.com/in/real-estate-investing-passive-income-wealth-lifestyle-engineer/

🌐 Explore Tactical Empire:
https://www.linkedin.com/company/thetacticalempire

https://www.facebook.com/TheTacticalEmpire

https://www.instagram.com/thetacticalempire/

Our Podcast:

https://apple.co/3Znvc1y

Spotify:

https://spoti.fi/3BN4nKh

Youtube:

https://www.youtube.com/@thetacticalempirepodcast

Website:

https://www.thetacticalempire.com/

  continue reading

172 episoder

Artwork
iconDel
 
Manage episode 437605496 series 3495003
Innhold levert av Jeff Smith. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Jeff Smith eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du fĂžlge prosessen skissert her https://no.player.fm/legal.

In this episode of 'The Tactical Empire,' host Jeff Smith and guest Shawn Rider discuss strategies for business owners to optimize cash flow and maximize wealth. They begin by sharing personal updates about local events and business projects. The main topic revolves around why business owners often keep excessive cash reserves in their business accounts due to fear or lack of knowledge. They suggest using the Profit First methodology, leveraging high early cash value life insurance policies, and utilizing credit lines as emergency funds. The discussion includes practical advice on maintaining an appropriate level of business expenses in savings and how to strategically invest excess funds to grow personal and business wealth. The episode emphasizes the importance of financial education and strategic planning for long-term success.

Chapters

  • 00:00 Introduction to Tactical Empire
  • 00:32 Meet Shawn Rider
  • 00:49 Weekend Recap and Greek Festival
  • 02:11 Business Updates and Storage Project
  • 03:44 Investing in Business Projects
  • 05:28 Mentoring Business Owners
  • 06:26 Cash Management for Business Owners
  • 09:03 Profit First Methodology
  • 11:56 Leveraging Cash for Growth
  • 22:17 Emergency Funds and Credit Lines
  • 25:31 Closing Remarks and Social Media

You can connect with Shawn Rider on Facebook and Instagram.

📱 Join the Tactical Empire and Connect with Us!

Conquer your limitations, strategize, execute, and live a life of abundance. Connect with Shawn Rider and Jeff Smith across all platforms:

đŸ‘€ Connect with Shawn Rider:

https://www.facebook.com/shawn.rider.771

https://www.instagram.com/shawn_rider_/

💬 Find Jeff Smith:

https://www.instagram.com/realjeffsmith/

https://www.facebook.com/groups/thetacticalempirecommunity

https://www.linkedin.com/in/real-estate-investing-passive-income-wealth-lifestyle-engineer/

🌐 Explore Tactical Empire:
https://www.linkedin.com/company/thetacticalempire

https://www.facebook.com/TheTacticalEmpire

https://www.instagram.com/thetacticalempire/

Our Podcast:

https://apple.co/3Znvc1y

Spotify:

https://spoti.fi/3BN4nKh

Youtube:

https://www.youtube.com/@thetacticalempirepodcast

Website:

https://www.thetacticalempire.com/

  continue reading

172 episoder

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