Business and Investing

EP 057: When I was three years into business, I thought all business problems could be solved with marketing and sales. I was so certain the more I focused on these activities, the better my business would do. I mean, it makes sense, right? If I want to make more $$$, then doing more marketing and sales would surely solve that. If I could go back in time, I would focus much more on these four thin...

EP 056: This week on the podcast I have Goose McGrath on for part 2 of our podcast: “The Danger of Following the Crowd” We dig heavily into more discussion around the danger of following the masses. More importantly, where the masses have it wrong today. PS: I highly recommend you read Howard Marks memos. They are free and up on his website. You will become a better business owner and investor for...

EP 055: In this week's episode of the podcast, I have brought on a good friend of the show, Goose McGrath. This episode will absolutely challenge what the masses are thinking and doing. I was considering not publishing it as I'm sure we will get some haters leaving mean comments. But... Goose backs his opinions up with data. And… He makes some damn good points. There are some serious flaws in what...

EP 054: This week on the podcast, Grant and I discuss our next investment moves and how we approach making better investment decisions. I share my process of gathering information and taking responsibility for my actions. (You might find it similar to the story above about the Fajitas.) We also share what we are getting up to when it comes to investing for ourselves. (NOT FINANCIAL ADVICE! PLEASE...

EP 053: Building wealth is not just about building it, it’s also making sure that you keep it. As many of you know, this topic is close to my heart as my father (a fellow business owner) had a workplace accident. He was not properly insured and lost everything. It was devastating for him and horrible for our family to go through. Part of the reason I am so driven with finances is to make sure what...

EP 052: I have been getting a few questions about what I'm personally doing atm. Am I still investing? Have I sold any investments? Is a recession coming? How is the business performing? What am I focusing on next? When it comes to business. The business environment is the best it has been for me in a long time. Particularly in 2 areas. Recruiting and content marketing. Our content is performing t...

EP 051: I had a call with my Buyers agent a few weeks ago. He made a passing comment that probably wasn't significant to him. But… did keep me up that night. “If you are thinking of buying another property, move quickly! As you won't get the lending you want from the bank if you wait too long.” I pulled him up and asked him to explain. As I thought that I was in a strong lending position. My balan...

EP 050: This week on Business and Investing, I have a special guest… Jarrad Mahon. This is a guy you want to be paying attention to. I want you to think of him as a case study or a bit of a cheat sheet. Someone you can model and get ideas from. He is the representation of what we stand for at Full Stack Business Owner. He has done the thing many set out to do: - Built a great business that he enjo...

EP 049: If you heard the last episode of the podcast, you would know I am not a fan of the profit-first system. I think Mike and his books are awesome, but the profit-first system has some significant flaws for me. The profit-first system doesn’t adapt well to changing conditions and goals. Good financial management allowed me to focus on cash first. Anyhow… I just released another podcast episode...

EP 048: In this week's episode of the podcast, Grant and I do a deep dive into what good financial management looks like. We also share some of our own processes and thinking. In my opinion, financial management is a full-stack skill. It's dangerous to run a business without it. I would highly encourage it's something you invest in learning. Episode Highlights: 00:00 Welcome to Business and Invest...

EP 047: This week's episode of the podcast is on money psychology. More specifically, I wanted to share some of the tools that helped me. This very episode might be the thing that will level up your wealth game both inside and outside of business. Episode Highlights: 00:00 Welcome to Business and Investing 01:00 Why money psychology is a big factor in your success 06:14 How past experience bias af...

EP 046: No need to dance around it. On the back of 2 silly decisions, I lost more than $100,000 I got emotional and let fear take over at a critical point. And it still pains me to this day. I never make good financial decisions when my emotions are running hot in either direction. I’ve since made sure to get my emotions in check before making big decisions. Anyhow… On this week's podcast, Grant a...

EP 045: A quality I like about myself is that I'm an action-taker. I’d rather take action and make mistakes than do nothing. I see so many procrastinators miss out on great opportunities because they are stuck analysing things to be perfect rather than getting them done. The mindset I like to take in life is “win or learn”... there is no such thing as losing. However, it would be ignorant of me no...

EP 044: In my first year of business, I would judge success or failure by what was in my bank account. Account going up = Good. Account going down = Bad. I should also mention my emotions were heavily tied to this also. Account going up = best guy to be around. Account going down = I wouldn’t want to be near this guy. Anyhow, after 9 months of doing this, it became pretty clear this was a dumb way...

EP 043: My very first business was an eBay store. I loved the simplicity of it. All I had to do was sell things for more than I paid for them. Seems simple right? In a nutshell, here is how I did that on eBay… I would look on eBay Australia for high-demand branded products. Let's say… men's shaving products. I would then compare what products are sold for on AUS eBay VS USA eBay. Hoping to find a...

EP 042: I'm going to level with you. It’s been an incredibly confusing week. Things are not making sense. I feel like I'm living in the upside down (reference to the series ‘Stranger Things’) If I open up Youtube or turn on the news, I would swear the world is ending. Recession is here! Businesses are failing! Inflation has households on the brink of collapse! Just massive amounts of doom and gloo...

EP 041: I suspect many business owners don’t actually know what a financial planner does for business owners or how to work with them effectively. (Just like me) For that exact reason, I have brought Ray onto the podcast this week. Understanding the role and outcomes of a financial planner is critical information for business owners. I highly encourage you to check out this episode. Episode Highli...

EP 040: I do have a story for you this week.   I nearly didn’t share this… But I wanted you to see that building wealth is not all sunshine and rainbows.   You will hit challenges, just like in business.   A few weeks ago, after a delicious dinner, Bianca’s (my partner) phone kept ringing.   It was odd, as she was not expecting any calls. And, it was a private number.   With the number of spam cal...

EP 039: Alright, I'm starting to settle into the new house. I am writing this after a night out having dinner with some incredibly talented business owners. It was one of those nights I didn't want to end. The type of high-level conversation I want to have more of. We shared big ideas. Goals for the rest of the year. What's working and not working in 2022. How we are successfully building our weal...

EP 038: I'm back on the show notes after moving house. (Big thank you to Grant for picking up the slack!) A few people in the community have asked me why I moved house. So, I wanted to share my reasons in the email as it’s relevant for business owners. Reason 1 - Kinder is Jack’s first “Mastermind.” I'm a big believer that you become who you spend time with. It hit me like a shovel to the face tha...

EP 037: It’s Grant stepping in for Charley this week. (Charley is moving house) Yep - I have hijacked the show notes! And what better episode to do it on than the touchiest subject ever… Your partner -vs- the Assets and Liabilities columns. …This is ONE OF the most critical topics… And will likely determine a large amount of the results you get in life. To the extent that I have asked Hazel what o...

EP 036: In my teens, I dated a girl whose family owned a restaurant. As a growing teenager who spent a lot of time in the gym… this was a dream come true. I would often do a massive workout on a Friday evening before heading into the restaurant and testing the capacity of my stomach. Anyhow, I spent a fair amount of time at the restaurant and got to know the staff. And there was one thing I always...

EP 035: In 2018 I attended an options trading workshop. The premise of the workshop was to learn how to generate a consistent income from options trading. It utilised a strategy called “covered calls,” (which I won’t get into right now.) The first exercise we did at the workshop was to work out how much income we needed to cover our living expenses. The idea being… Once you know how much income yo...

EP 034: Alright… This week I have a part 2 of the interview with Goose. (Our property specialist) It appears his views and opinions on the last email and podcast ruffled some feathers. I actually can’t remember the last time I had so many people reach out to disagree or tell me why we are wrong. 😕 I did find this interesting though… When I asked someone who disagreed with us: “How did they form t...

EP 033: I went out for a run extra early this morning. It was pitch black and I had to use the light on my phone to light the path. I made it to the running track and began putting some laps in. There was another guy on the track who was clearly a well-seasoned athlete. He was absolutely flying!  Eventually, he caught up next to me. “What are you training for?” He asked. “Life." I replied with a b...