There are so many things I wish I had known when I started investing my hard earned money almost three decades ago. Things that are obvious to me now would have had an exponential effect on my current position had I known them—and had the discipline to follow through on them. We all live and learn, and expensive lessons pay dividends as well…but there’s no reason for you to make the same mistakes I made when I was in your shoes.
I remember the moment I made the decision never to work for anyone again. I was in my teens, and whether it was insight, inspiration, or just a stroke of common sense, this decision put me on a great path. And yet, a coach for wealth could have shown me how to better optimize my time, resources, talents, and cash flow.
The challenge, of course, is finding the right coach. These days, financial coaches are a dime a dozen; everyone is trying to monetize advice—even if they haven’t lived it themselves. When choosing a business finance coach, you need to be savvy, or paying for advice could do you more harm than good.
I’m happy to say that I’ve earned my laurels. I’ve created multiple multi-million dollar businesses. I’ve invested in everything from crypto to self-storage units. I’ve failed as often as I’ve succeeded. I’m raising two boys, and I’m passing on the lessons I’ve learned the hard way. Most importantly, I’ve created enough wealth for my family that we can enjoy it NOW. We’re not just waiting for some far-off day in the future when we can finally live well.
I can show you how I did it. More importantly, I can show you how to leverage your talents and interests to create a plan that serves YOU—for now and for decades into the future. When you choose a business finance coach, you are choosing your best life for now—and also for your future self. I’m going to make the case that I’m the best business finance coach for you, because I am you—just a little older and wiser.
An Entrepreneur Business Coach Helps You Get Comfortable With Being Uncomfortable
It’s a fact that virtually all of the world’s greatest achievers in their respective disciplines have one thing in common: a coach. No one ever says, “Serena Williams is the greatest of all time, so she doesn’t need a coach.” That’s ridiculous! You’d never expect your favorite team or an Olympic athlete to forego a coach—because great coaching is how they got to the level they’re at!
And what’s the one thing that every great coach has in common? It’s that they push you into unfamiliar, uncomfortable territory. Would you really do that extra set of reps without a coach? Or run that extra mile? Coaches guide you into accomplishment by setting expectations and pushing your boundaries.
One thing that most wealthy people have in common is a conservative outlook on resources. They’ve realized that the way to grow money is to have the fiscal discipline to do things again and again that work. Of course, they take some risks with a portion of their disposable income; that’s actually part of a healthy investment strategy. But for 99 percent of wealthy individuals, the majority of their wealth is created by making solid, intelligent choices day in and day out. Is it always easy? Of course not. In fact, it’s almost always uncomfortable.
If you have 200 or 2,000 extra dollars per month to work with, what’s the best way to invest those resources? A $150 dollar dinner every week may feel good now, but how would it feel in ten years to have invested that money prudently? A cash flow coach can make that abstract future into a real, present choice.
Cash Flow Coach for Multiple Streams of Income
Anyone who knows me knows that I’m a fan of creating multiple streams of income. It may seem like a good idea with obvious benefits, but when you’re young, you may not realize just how vital this tactic is. You may believe that a good job is the best security there is. I’m here to tell you that nothing could be further than the truth. Over my lifetime I’ve seen multiple economic crashes and unexpected things like illnesses leave people unable to work for months or years.
When we’re young, we don’t realize just how vulnerable it makes us to depend on an employer. My strategy for creating Indestructible Wealth is to create multiple streams of income. This disperses the risk and creates opportunity in the process.
What Are You Good At?
As a cashflow coach, I’m here to tell you that practically any hobby or interest can be converted into an income stream. You’ve probably thought of that before, even if you’re not currently taking advantage of it to create income. And it can be intimidating when you consider that four out of five small businesses fail within five years. As an entrepreneur business coach, I help you to understand not only what skills you might be able to leverage into an income stream, but how to evaluate the needs of the marketplace to decide which skills you should leverage.
For instance, you might be an art lover and history buff. You might be considering ways to turn your expertise into an income stream. If you live in a city, maybe you could start a small business where you become a tour guide, showing visitors around the hidden places in your area that have artistic and historical value. Sounds fun, right? However, in the current climate, you could find yourself at a loss for customers as the travel industry has seen record lows.
Another option is leveraging your knowledge into a passive income stream that doesn’t depend on trading your time for dollars. There are many platforms around the internet like Teachable, Thinkific, and Kajabi that allow you to create courses and information products cost effectively and easily. There are also platforms like Udemy, Coursera, and Skillshare that will host, sell, and promote your content.
Now, will you get rich with your course educating subscribers about the hidden art and rich history of your favorite city or cities? Maybe not. But is that content evergreen so that you can leverage it indefinitely? Absolutely. Is it dependent on the vagaries of the travel industry? Nope. Does it invite backend products, such as fine art prints or merch? Yes, it does. Does it give you the potential to have affiliate products, such as language courses, if the city you love is non-English speaking? Totally.
Here’s where an entrepreneur business coach is invaluable to a young or beginning entrepreneur. I help you to aim high and think about doing more than just what you love; I help you to think through creating a business that creates passive income and keeps on giving well into the future.
What Should You Do With Your Earnings?
This is a huge one. It is said that making money is easy, but it’s GROWING money that’s the challenge. Without a business financial coach, it is easy to fall into the trap of making money without creating wealth. A little success can go to your head, especially when you’re young and inexperienced.
Should you enjoy the fruits of your labor? You bet. But every day, I see young entrepreneurs who lack the patience to plan for the future. When you’ve only been on the planet for 20 years, it’s not surprising that you can’t relate to a future that is 20, 30, 40 years away. But one day, you may have a family. You may get burned out on your work and want to make a change. You may want to go back to school or take a year off to travel. You may get ill or need to care for a family member who is ill. You may not always have the drive or energy that you have at this particular moment in time.
Part of the advantage of working with a cashflow coach like me is that I help you manage the cash flow of the future, not just the cash flow of the present. One of the very basic but crucial tenets of my approach to Indestructible Wealth is that I always want to help you take the fruits of your linear income and convey it into passive income. That means that you take the income that you work for today and convey it into income that works for you now and in the future. It may be tempting to put your hard earned money into a big-ticket car lease or expensive dinners multiple times a week. However, those expenditures don’t work for you beyond instant gratification, and they certainly don’t work for you into the future. I show you how to buy things that buy you more things—in other words, as a coach for financial planning, I show you how to invest your money in ways that grow it exponentially.
You may be sick of hearing about this one. Every cashflow coach has an inspiring mantra or words of relentless encouragement. I want to tell you right now that that’s not what I’m about. If this game were as easy as believing in yourself, everyone would be doing it. To create Indestructible Wealth, you need to be willing to work hard AND smart. Is it awesome? Yes it is. Does it sometimes suck? Yes, it does. The important thing is that as your entrepreneur business coach, I’m not just here to provide boring inspirational words; I’m here to tell you how to get the job done.
Here’s something you may not have considered: The qualities which make you a good entrepreneur may work against you as an investor.
Read that again.
Thinking big, taking risks, going on the offense…these may have gotten you to where you are today in building your business, but the reality is that they can sink you when it comes to creating wealth. I call this the “entrepreneurial dilemma.” Creating multiple streams of income is about taking small, conservative steps that add up to security for you and your family. Take too big of a step, and you wind up being spread too thin; take too few, and you’re overly dependent on one income source that can sink the whole ship if the worst happens.
Another important element of a wealth-building mindset is that the most important investment is in yourself. You’ve heard this before, you say? Well, it’s one of those clichés that is actually true. The best thing you can do for your future is to invest in yourself first. Part of that is investing in the right things.
For instance, does it make sense to take the time to learn social media marketing when you can pay someone else to do it for you? If you’re not good with numbers and keeping track of the minutiae, why not outsource accounting and administrative work? If you are good at writing, it may make sense to sharpen your copywriting skills so that your ad copy is as effective as possible. You need to know where to spend your time and resources and where not to.
Work With Me as Your Business Financial Coach
You’re never too young to enjoy the present while planning for the future. If you’re ready to take the small actions every day that lead to big results, you’re in the right place. If you’re 15 or 20 or 30 (or even 60!) I applaud you. You’re welcome here.
I have an offering to suit every need. If you’re just getting started, you’ll find tons of free information right here on this website, including my weekly podcast. My new book and course give you the detailed steps I took—and that you can take—to build wealth slowly and responsibly, and to have fun while doing it!
For those who’ve already built a certain amount of wealth and are ready to go to the next level, my mastermind group includes private, one-on-one guidance and small webinars that provide hands-on experience as well as the benefit of my and my team’s research into upcoming opportunities that you would otherwise miss.
Wherever you are in your wealth building journey, we’re here to help you on your way to creating Indestructible Wealth!