085 Your Business Is a Bad Wealth Plan episode artwork

EPISODE · Aug 13, 2022 · 15 MIN

085 Your Business Is a Bad Wealth Plan

from Building Your Money Machine · host Mel H Abraham, CPA, CVA, ASA

Your business is not a good wealth plan!Here’s what know if you’re anything like me, you came into your business because you wanted to serve but you also expected it to give you freedom and wealth.Quickly you find yourself on the treadmill running hard and fast with everything invested (time, effort AND money) but with very little wealth or freedom.It is the biggest mistake and misconception most entrepreneurs have as they try to grow their wealth. The other issue is that everything is relying on you and your effort while having any and all wealth captive in the business and nothing outside of it.Imagine for a moment being able to have the business but also have enough wealth that the operation and profitability of the business no longer matters and doesn’t define your life.The missing piece is that as you grow your business you also need to build a money machine outside the business. It is the money machine that gives you the control, freedom and true wealth.In this episode, I talk through this in depth so you can get yourself finally on the right path to financial freedom. With this you have options and choice in your life. You then have the ability to live a “get to” life instead of a “have to’ life.Let’s do this!★★★ READY TO BUILD YOUR UNSHAKEABLE FINANCIAL FOUNDATION? ★★★Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com  ★★★ TAKE THE FINANCIAL LIBERATION ASSESSMENT ★★★Take this free assessment to see where you are on the path to financial freedom and what your next steps to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com  ★ RECOMMENDED VIDEOS FOR YOU ★If you liked this video, you'll love these ones:- What To Do With Your Cash - https://youtu.be/voMnEcuFxIY - Getting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZg - Overcome Your Money Stories - https://youtu.be/QOPFrUtUaGo - Pricing & Getting Paid Your Value - https://youtu.be/4ORzXMqofjM ★ OTHER RESOURCES ★- 7 Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com   - Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/- My website https://melabraham.com/- Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabraham.com/book/- Find me on Facebook https://www.facebook.com/melhabraham/- Find me on Instagram https://www.instagram.com/melabraham9/- Find me on LinkedIn https://www.linkedin.com/in/melhabraham/- Find me on Twitter https://twitter.com/MelHAb- Find me on YouTube http://www.youtube.com/user/MelHAbraham

Episode metadata supplied by the publisher feed · Published Aug 13, 2022

Embed this episode

Your business is not a good wealth plan! Here’s what know if you’re anything like me, you came into your business because you wanted to serve but you also expected it to give you freedom and wealth. Quickly you find yourself on the treadmill running hard and fast with everything invested (time, effort AND money) but with very little wealth or freedom. It is the biggest mistake and misconception most entrepreneurs have as they try to grow their wealth. The other issue is that everything is ...

Distinct summary based on available episode metadata or transcript content.

NOW PLAYING

085 Your Business Is a Bad Wealth Plan

0:00 15:13

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of Building Your Money Machine?

This episode is 15 minutes long.

When was this Building Your Money Machine episode published?

This episode was published on August 13, 2022.

Can I download this Building Your Money Machine episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!