EPISODE · May 4, 2023 · 58 MIN
(Ep. 4) How to Master Your Business Finances With Michael Glaspie
from The Agent Goldmine - Real Estate Agent Business Building · host Ali Garced and Shelby Johnson
Get your notepads ready because our guest's wisdom is off the charts! Today's epic episode of "The Be More Show for Agents" features us (Ali and Shelby) hanging out with the awesome Michael Glaspie II, the CFO at eXp Commercial (Five Pillars Team), with some seriously killer insights to share about taxes and finance. Mike's journey started in a small Texas town where he learned the value of hard work and never giving up. One of the key takeaways from this episode is the importance of proper bookkeeping and solid financial advice for small business owners. Mike knows all about tracking expenses, sales performance, and keeping your finances in check. With years of experience and multiple degrees, including an MBA and a Project Management Professional certification, he's ready to spill all his golden wisdom. If you're all about scoring that sweet financial success, you have to tune in and soak up all the wisdom from the legendary Mike Glaspie. Hit that subscribe button and drop a review to share your thoughts! Resources and LinksSnag the Golden Nuggets from this episode! Key Takeaways 00:00:00Introduction 00:02:40Mike's sh*t show moment 00:07:52Poor but resourceful 00:08:46Learning about money 00:11:17Mike's real estate journey 00:15:10Building his own team 00:18:39Financial house in order 00:19:46What bookkeepers do in finances 00:21:38Setting up a business bank account 00:22:22Importance of bookkeeping and taxes 00:26:59Measuring net profit margin 00:29:30Tracking sales performance 00:31:41Allocating marketing budget 00:35:29Tax strategy vs. financial strategy 00:40:41Quality over quantity 00:43:50Having a system in place 00:45:51Day-to-day expectations 00:49:44Mike's GOLDEN NUGGET 00:52:06Future plans and goals 00:55:16Favorite business app/tool 00:56:00Planned events for the year 00:57:14Best way to contact Mike Snag the Golden Nuggets from this episode! https://www.theagentgoldmine.com/ Be a bro, share the show + hit us with a 5-star review! https://open.spotify.com/show/28ACkTsMbVkHxEwD9Z9qUC https://podcasts.apple.com/us/podcast/be-more-show-for-agents/id1682543343 https://www.youtube.com/channel/UCmYXUbR8lqRia72sE2Abncg?sub_confirmation=1 Hang with Us! Ali’s IG: https://www.instagram.com/Ali_The_Agent/ Shelby’s IG: https://www.instagram.com/TheShelbyShow__/ Connect with Mike https://www.instagram.com/Michael.S.Glaspie/ https://www.linkedin.com/in/michael-glaspie https://www.facebook.com/mike.i.g.31 https://twitter.com/michaelsglaspie https://www.youtube.com/channel/@michaelsglaspie www.michaelsglaspie.com
What this episode covers
Get your notepads ready because our guest's wisdom is off the charts! Today's epic episode of "The Be More Show for Agents" features us (Ali and Shelby) hanging out with the awesome Michael Glaspie II, the CFO at eXp Commercial (Five Pillars Team), with some seriously killer insights to share about taxes and finance. Mike's journey started in a small Texas town where he learned the value of hard work and never giving up. One of the key takeaways from this episode is the importance of proper bookkeeping and solid financial advice for small business owners. Mike knows all about tracking expenses, sales performance, and keeping your finances in check. With years of experience and multiple degrees, including an MBA and a Project Management Professional certification, he's ready to spill all his golden wisdom. If you're all about scoring that sweet financial success, you have to tune in and soak up all the wisdom from the legendary Mike Glaspie. Hit that subscribe button and drop a review to share your thoughts! Resources and LinksSnag the Golden Nuggets from this episode! Key Takeaways 00:00:00Introduction 00:02:40Mike's sh*t show moment 00:07:52Poor but resourceful 00:08:46Learning about money 00:11:17Mike's real estate journey 00:15:10Building his own team 00:18:39Financial house in order 00:19:46What bookkeepers do in finances 00:21:38Setting up a business bank account 00:22:22Importance of bookkeeping and taxes 00:26:59Measuring net profit margin 00:29:30Tracking sales performance 00:31:41Allocating marketing budget 00:35:29Tax strategy vs. financial strategy 00:40:41Quality over quantity 00:43:50Having a system in place 00:45:51Day-to-day expectations 00:49:44Mike's GOLDEN NUGGET 00:52:06Future plans and goals 00:55:16Favorite business app/tool 00:56:00Planned events for the year 00:57:14Best way to contact Mike Snag the Golden Nuggets from this episode! https://www.theagentgoldmine.com/ Be a bro, share the show + hit us with a 5-star review! https://open.spotify.com/show/28ACkTsMbVkHxEwD9Z9qUC https://podcasts.apple.com/us/podcast/be-more-show-for-agents/id1682543343 https://www.youtube.com/channel/UCmYXUbR8lqRia72sE2Abncg?sub_confirmation=1 Hang with Us! Ali’s IG: https://www.instagram.com/Ali_The_Agent/ Shelby’s IG: https://www.instagram.com/TheShelbyShow__/ Connect with Mike https://www.instagram.com/Michael.S.Glaspie/ https://www.linkedin.com/in/michael-glaspie https://www.facebook.com/mike.i.g.31 https://twitter.com/michaelsglaspie https://www.youtube.com/channel/@michaelsglaspie www.michaelsglaspie.com
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(Ep. 4) How to Master Your Business Finances With Michael Glaspie
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