Farming Assets

In today's episode, Robert goes through the process of answering the question, "What is Farming Assets?". He uses the analogy of farming to help explain what we go through as business owners and how to grow your asset(s) in a process similar to farming. With everything created, there is a balance that allows for proper structuring and organizing. Our assets can be planned accordingly. To learn mor...

In today's episode, Bob walks through the various assets we commonly look at to try and help grow our wealth. He goes back to the fundamentals and defines what an asset is, what the 3 stages of an asset are, and how the IRS views those assets. Bob breaks down to the very basic list of assets and shares with the listener what the #1 asset is and how to nurture that asset. By focusing on nurturing a...

Today's episode is with a friend, Mike Silverman, who is in the franchise industry. We discuss what place franchising has in a Farming Asset portfolio. We discuss how to look into what information you should be aware of and think about during a due diligence process. Mike Silverman started in the business world during his junior year in college when he bought his first franchise, Complete Nutritio...

Today we are talking about the psychological term Implementation Intentions and how we as business owners need to plan for the unknown by looking back at historical events that occurred and had an effect on not just our society but our personal economics. The idea of staying ready instead of having to get ready was a powerful lesson for me when I heard this a few years ago when on a retreat. This...

Today we are discussing the mindset of a business owner. Looking at pre-2020 and now where we are at today, what and how should a business owner approach the next steps in scaling their business?   Brian is a Board-certified executive, leadership and business coach, corporate and nonprofit consultant, expert speaker and panelist, and award-winning international best-selling author.   Bri...

This week's episode discusses the idea of battling inflation by starting your own business or an additional business and the options for funding available. Robert interviews Shirley Kefgen the Director of Business Development with FranFund, Inc. Listen to the options available in this very informative episode of Farming Assets. Shirley is an expert when it comes to funding options for purchasing a...

As a business owner, you are a leader not just at home but in your business as well as your community.  If we want to see change, you and I, as business owners, need to be that change. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/robert-wolf/

Today's episode I review the newly passed Inflation Reduction Act to see where in this act it will benefit you and I as business owners. I go over the parts that may pertain to you and I can try to translate into our talk of the effects we may see. The biggest farce is trying to get us to believe that by spending more taxpayers money, which part of it is to increase taxes (government revenue), we...

In this week's episode, Host Bob Wolf discussed Inflation today. He also talked about the areas affected and what some "experts" suggest in dealing with the rising costs. At the end of the episode, Bob reveals the true strategy to handle Inflation today and into the future. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mission Matters: https://missionmatter...

In this episode, Host Robert "Bob" Wolf goes over the history of inflation from 1914 to today. He defines what inflation is, what CPI and PCE stand for and reviews various resources that give us historical data. "It's difficult to make a decision today when we don't know why or how to deal with inflation when most of us haven't experienced it and those that have were 40 years younger," said Bob. B...

In this episode, Host Robert "Bob" Wolf introduced the Farming Assets podcast. Bob explains the structure and idea of the podcast. The idea is to help business owners and those who would like to be business owners know what Economic Termites lie ahead and how Farming Assets, two books written by your host, to grow the right tax-efficient assets based on IRS rules and guidance. Bob will be having g...