Ep. 303: Building Wealth in BJJ, feat. David Bayarena

This week we're taking on a topic by listener demand: how to help BJJ business owners succeed financially!  In this episode, we're joined by David Bayarena, a BJJ black belt, certified financial planner, and founder of Kaizen Wealth Planning and RONIN Financial Planning.  David highlights topics relevant to all BJJ business owners, such as insurance, tax mitigation, succession plans, and retirement plans.  Drawing parallels between financial and martial strategies, David emphasizes the need for diversification, paying oneself first, embracing total financial responsibility, and fostering a proactive approach to financial health in the martial arts realm.Get David's help with your BJJ business:https://www.roninwealth.com/Get David's help in other sectors:https://www.kwealthplan.com/Connect with David on Instagram:https://www.instagram.com/ronin_wealthResources discussed in this episode:Profit First, by Mike Michalowiczhttps://mikemichalowicz.com/profit-firstMental models discussed in this episode:Layers of Strategyhttps://bjjmentalmodels.com/layers-of-strategy/Defense Paradoxhttps://bjjmentalmodels.com/defense-paradox/Red Queen Effecthttps://bjjmentalmodels.com/red-queen-effect/Don't forget to check out BJJ Mental Models Premium!If you love the podcast, you'll definitely love our premium membership offerings. The podcast is truly just the tip of the iceberg – the next steps on your journey are joining our community, downloading our strategy courseware, and working with us to optimize your game.  We do all this through memberships that come in at a fraction of the cost of a single private.Sign up here for a free trial:https://bjjmentalmodels.com/Need more BJJ Mental Models?Get tips, tricks, and breakthrough insights from our newsletter:https://bjjmentalmodels.com/newsletter/Get nitty-gritty details on our mental models from the full database:https://bjjmentalmodels.com/database/Follow us on social:https://facebook.com/bjjmentalmodels/https://instagram.com/bjjmentalmodels/Music by Enterprize:https://enterprize.bandcamp.com/