DecaMillionaire Decoded

In episode 292 of Financially Simple, Justin gives his thoughts on buying an expensive new toy to treat yourself as a Small Business Owner. Perhaps you've had a phenomenal few months, with your business thriving through the pandemic, or perhaps it's been tough and you want to let off some steam. Either way, Justin provides some perspective and some considerations you should have before making the...

In episode 291 of Financially Simple, Justin and family are on vacation but still take some time out to discuss the importance of taking a break. Small Business Owners are some of the hardest working individuals in any given industry, working 70+ hours a week, which can be exhausting. Justin, Miss Emily, brother-in-law Brian and Lori get around the mic on a rainy day in Florida, to discuss the imp...

In episode 290 of Financially Simple, Justin is joined by David Kent to give a short pep talk to all the Business Owners out there. The global Coronavirus pandemic is still a factor for many businesses trying to operate at the moment. Justin and David provide words of encouragement, not to give up during this hard time, to stay the course, and adapt. Don't forget to subscribe, and let us know how...

In episode 289 of Financially Simple, Justin talks to Dan Rawls of Trustegrity about the importance and value of connecting to other professionals. There's more to networking than having a high number of contacts, it's about how deep the connections that you have are. Justin and Dan discuss how to go about building a solid network of trusted professionals, something that is needed now more than ev...

In episode 288 of Financially Simple, Justin talks to Ryan Stanley and Kaleb Buckner of Always Abounding video production services about using video social media to boost business growth. The internet and social media platforms offer an opportunity to leverage affordable media marketing campaigns to grow businesses. Justin discusses the ins and outs of online video production with Ryan and Kaleb,...

In episode 287 of Financially Simple, Justin talks to Todd Sklar of GBS Insurance about the types of insurance Business Owners need. As a small business owner, having the right insurance is key - what if something happens to you, or one of your key team players? Justin and Todd discuss the types of insurance, and why they are needed. Don't forget to subscribe, and let us know how we are doing by l...

In episode 286 of Financially Simple, Justin is joined by Brandon Jordan to talk with Joseph Strazzeri of Strazzeri Mancini Attorneys about building a Success Team. The Short-Stop between second and third base is one of the most important positions in Baseball, so having the right person there is imperative. Justin, Joe, and Brandon discuss the importance of having the best possible legal expertis...

In episode 285 of Financially Simple, Justin is joined by Brandon Jordan to continue their baseball analogy and discuss the role of the Legal Team in the Left Infield. In baseball, the left infield covers much of the offensive and defensive roles needed to run a winning game; likewise, a solid legal team is necessary for any business owner to ensure that they have their bases covered. Justin and B...

In episode 284 of Financially Simple, Justin is joined by David Kent to talk about the return of business to the relative normality of a post-COVID world. With the Coronavirus pandemic seeming to turn the corner and businesses having made adjustments to their business strategies, it's important to take stock and assess the changes of what is now the norm.   Justin and David look at what has change...

In episode 283 of Financially Simple, Justin is joined by Jeff Jeter to discuss whether or not, as a Small Business Owner, you should buy or lease a vehicle. With the current COVID-19 pandemic affecting our finances and remote work, it might be time to consider either buying a vehicle or leasing one to make the most of the situation. Justin and Jeff go over the pros and cons, and practical realiti...

In episode 282 of Financially Simple, Justin, Brandon Jordan, and special guest Tom Barrick of Waldron H. Rand & Co. discuss the benefits of a forwarding thinking CPA on your Team. As a Business Owner building your Success Team, it is important to have the right players on your side.   Justin, Brandon, and Tom continue the baseball analogy and talk about the importance of having a capable CPA that...

In episode 281 of Financially Simple, Justin and Jeff Jeter go over the different types of debt and how to use debt to your advantage. Most people fear the word Debt, but is it all bad? Justin and Jeff talk about their own personal experiences of having to deal with debt, and discuss the differences between Consumptive Debt and Productive Debt, as well as considering when and how to best leverage...

In episode 280 of Financially Simple, Justin goes over the Payment Protection Program Loan Forgiveness Application Form 3508EZ. The PPP Loan Forgiveness form is intended to provide financial relief for business owners during the COVID-19 pandemic. Justin looks through the different sections of the application form to provide guidance and explains each part for you to follow along. Don't forget to...

In episode 279 of Financially Simple, Justin talks to Chris Steward about Factor Investing. Is there a good way to invest, or is it down to luck and the markets? Justin and Chris discuss Factor Investing, what it is, and how best to approach it as a small business owner. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME...

In episode 278 of Financially Simple, Justin talks to athlete, author, and mentor Derrick Furlow about making a transition in business during hard times. With the current COVID-19 pandemic affecting businesses, many Small Business Owners are having to think out of the box, and come up with alternative solutions to stay afloat. Justin and Derrick talk about what it takes to make a pivotal change du...

In episode 277 of Financially Simple, Justin and David Kent take a look at the Emergency Injury Disaster Loan (EIDL). In light of the COVID-19 pandemic, the government has set terms for the EIDL that are favorable for business owners to help them get through the crisis. Justin and David go over the terms and conditions of the loan and give their thoughts on how best to use it. Don't forget to subs...

In episode 276 of Financially Simple, Justin looks at the Paycheck Protection Program Loan Forgiveness Application. With the ongoing COVID-19 pandemic, new legislation is in the works to help Small Business Owners keep their business running. Justin goes over the PPP Loan Forgiveness Application, step-by-step, to help Business Owners understand how it works and how to fill it out. Don't forget to...

In episode 275 of Financially Simple, Justin is joined by Jeff Jeter to cover the ins and out of Dollar-Cost Averaging. Buy low, sell high - that's essentially what Dollar-Cost Averaging is, but there's more to it than that. Justin and Jeff discuss what Dollar-Cost Averaging is, and break down the math behind it in Financially Simple terms. Don't forget to subscribe, and let us know how we are doi...

In episode 274 of Financially Simple, Justin is joined by Chris Steward to consider whether the Stock Market can be beaten? Investing in the Stock Market is more than just picking a few stocks that look good, there are many, many factors that should be considered when taking the plunge. Justin and Chris discuss the idea of beating the system, and why it's more complex than "buy low, sell high". Do...

In episode 273 of Financially Simple, Justin reconnects with Brandon Jordan to continue their discussion on building a Business Success Team. Carrying on with the Baseball analogy, the First Base player of your Success Team is your CPA. Justin and Brandon go over what makes for a good CPA, and how to find one. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks...

In episode 272 of Financially Simple, Justin talks to Sarah Alexander of Results HR about the effects of COVID-19 on employer-employee relations. The COVID-19 pandemic has caused a shift in the operations of many businesses, as employees have been forced to work from home which, in some types of business, has been challenging. Justin and Sarah discuss the role of HR pre-COVID, and how Small Busine...

In episode 271 of Financially Simple, Justin and Chris Steward talk about the 4% Rule of investing and why it could be a dangerous rule to follow. For many Business Owners, an investment portfolio is a key to wealth creation and retirement. Justin and Chris discuss the 4% Rule of return, and why it's not an accurate rule of thumb to follow along with the importance of seeking qualified advice when...

In episode 270 of Financially Simple, Justin and Jeff Jeter discuss the impact of COVID-19 on retirement plans. The ongoing Coronavirus is taking a toll - financially and emotionally; with no certain end in sight, what can Business Owners do to keep control of their retirement plans? Justin and Jeff look at how the Social Security Trust Fund has been affected by COVID-19, what that means, and what...

In episode 269 of Financially Simple, Justin looks at the upcoming changes to the Payment Protection Program. With the ongoing COVID-19 pandemic, Congress is having to adapt and make some changes to legislation to accommodate developments for Business Owners. Justin looks at the new changes that have been made with the PPP Extension. Don't forget to subscribe, and let us know how we are doing by l...

In episode 268 of Financially Simple, Justin and Jeff Jeter discuss how much risk a Small Business Owner should expose themselves to in their portfolio. As a Small Business Owner, or individual with an investment portfolio, striking up the right balance of risk against what you can afford will help you on your financial success journey. Justin and Jeff look at what Risk is, compare Risk Tolerance...