Entrepreneur Aligned Podcast

As an entrepreneur, retirement can start at any time. Retirement does not mean that we should stop working, sit on the couch and do nothing. Retirement is when we prioritize our time beyond generating more personal income. We should be retiring from our business a bit at a time every day and with a clear vision for where we are headed.   CHECK OUT MY BOOK, THE ABUNDANT ENTREPRENEUR!   https://jarr...

You are going to die one day. Death is inevitable for everyone that has ever lived and ever will live. We all intellectually understand that our time is limited, and that we should prepare for that day. So why is planning for that day one of the last things that we want to spend our time and money on? And what does a good estate planning process look like?   If your estate plan is clear, flexible,...

Entrepreneurs have demands on their capital and reserve requirements that most others do not. Thinking about these in concert with personal needs and requirements requires a different approach.   In this week's episode, Jarrod segments capital reserve requirements into the following categories. He goes over why each piece of capital is being held in reserve and provides helpful examples and strate...

We have just emerged from a decade of ultra-low and steady interest rates. The environment that most of us are used to operating our businesses in has changed dramatically. So what can we do moving forward? The short answer is that we need to get more creative.   Check out this week's episode for Jarrod's analysis of what's possible in today's market. Believe it or not, there are silver linings an...

In this week's episode, Jarrod dives into a key pillar for entrepreneur wealth... INVESTING AND GROWING WEALTH!   Entrepreneurs have more complex logistical needs than non business owners. The challenge is that we often need our wealth to meet a number of logistical and emotional needs at the same time. These needs can be in conflict, so prioritizing and creating an integrated personal wealth stru...

When we think about how much cash flow we need to create or how much wealth we need to accumulate, we are looking at that number through the lens of how we spend our money. Understanding which category your spending and long term goals fall into is critical to understanding what "enough" actually looks like.   In this week's episode, Jarrod invites us to evaluate our spending patterns under what h...

Most of us feel like we are on the same page with our spouse about money. How sure are you?   Connecting with your spouse on your finances is not about reading all the credit card statements line by line. It is about ensuring that you are on the same page and in alignment with where your wealth is being used.   Check out this week's episode for tips on how to get more connected so that you and you...

What is your vision for your life, your family, your business, and the financial structures that support that vision? Understanding yourself, your significant other and your family values gives you direction on whether you are pursuing the right things. Spending your time in alignment with those values allows you to prioritize what matters and being connected with the people that matter most to yo...

Tax compliance is necessary, like water. You must do it or else you will find yourself experiencing major consequences. However, many business owners are missing out on the major benefits that come with active tax planning! As an entrepreneur, the tax decisions you make can be broad and long term. When you extend beyond tax compliance and begin thinking about tax planning, the focus is on the big...

Let's not bury the le ad , yes you do need a valuation for your business , but perhaps not for the reasons you would think. Most of us think of a small business valuation as an event that typically comes right before a transaction, similar to a home appraisal at the time of sale. However, a business valuation is actually a tool to allow you to gain insight about the drivers of your equity value so...

Every business will transition to new owners at some point. Creating your vision for that transition well in advance sets you up for success. Success means that the business passes to the next owner or owners on your schedule. Success means that your role is exactly what you want it to be throughout the transition. Success means that you realize full value for what you have created. Success also m...

Tiffany and Jarrod discuss Dogecoin and Ethereum in relation to Bitcoin and other cryptocurrencies. What this episode is about: Insightful conversation with perspectives, observations and questions about Dogecoin and Ethereum Successful Sip [1:08] Introduction of topics: Dogecoin, Elon Musk and cryptocurrency, with Tiffany's viewpoints, comments and questions [2:20] Jarrod's thoughts and queries a...

Tiffany and Jarrod talk about President Biden's initial round of tax changes. What this episode is about: A general discussion on President Biden's initial round of tax changes, how they may impact entrepreneurs and how entrepreneurs can plan for the potential developments ahead. Successful Sip [1:08] Introduction of the topic of President Biden's initial round of suggestion for tax changes [2:23]...

Tiffany and Jarrod talk about how entrepreneurs can best decide how to leave a lasting and impactful legacy.  What this episode is about: How to be impactful, fulfilled and generous with your success while being allegiant to your wants instead of society's "shoulds".  Successful Sip and introduction of the topic of Impact and Legacy [1:08] Broader discussion of topic - thinking about "what's next"...

Tiffany and Jarrod have a conversation about CPA relationships and discuss tax forward planning and compliance case studies.  What this episode is about: Benefits of working with CPA teams on tax forward planning and compliance. Examples and case studies to illustrate these points. The power of consulting experts. Welcome and Successful Sip [1:08] Introduction of the topics of tax forward planning...

Tiffany and Jarrod discuss current entrepreneurial trends and lessons learned. What this episode is about: The types of CPA to serve you best, whether you're willing to pay for that advice and the effects of COVID-19 on investing, tax residency and long-term office leases. Other topics discussed are purchase offers for entrepreneurial businesses and the benefits of having a personal board of advis...

Tiffany and Jarrod discuss the pros and cons of cryptocurrency and its merits as an asset class.  What this episode is about: An overall summary of cryptocurrency, its positive and negative aspects and how it may redefine the future of finance.  Welcome and Successful Sip [1:08] Introduction of the topic and an overview of cryptocurrency's merits as an asset class, its use cases, its pros and cons...

Tiffany and Jarrod discuss how entrepreneurs should think about investment planning and key elements to focus on when analyzing investment plans. What this episode is about: Entrepreneurs can be creative with their investment planning, and their investing style should enable their lifestyle. Welcome and Successful Sip [1:08] Introduction of the topics of investment planning, placing business equit...

Tiffany and Jarrod discuss how to be mindful of good and bad habits and how to use those observations to create a system for success to achieve important goals. What this episode is about: Attitude and Action - It's not only about having great ideas, it's about accomplishing them! Welcome and Successful Sip [1:08] Introduction of topic and discussion of the importance of a system for success that...

Entrepreneur Aligned's Tiffany Charles and Jarrod Musick discuss how to organize, list and review your personal principles. What's Discussed in This Episode: Tiffany and Jarrod focus on how to identify personal principles and use individual case studies and methods as examples. Welcome and Successful Sip [1:08] Topic introduction and case study walk through [2:39] Explanation that the first step t...

Entrepreneur Aligned's Tiffany Charles and Jarrod Musick discuss timing things from the world and in the annual calendar for most entrepreneurs. What's Discussed in This Episode: Tiffany and Jarrod talk about timing and planning annual calendars for entrepreneurs and have a tactical discussion about Paycheck Protection Program (PPP) loans and paying attention to cash flow and appreciation.  Welcom...

Entrepreneur Aligned's Tiffany Charles and Jarrod Musick discuss setting yourself up for success in 2021 by turning your challenges & frustrations into lessons. What's Discussed in This Episode: Tiffany and Jarrod discuss ROI for 2020, goals and intentions for 2021 and compass setting for the upcoming year. Welcome and Successful Sip [1:09] Reflection on challenges and frustrations from last year...

Entrepreneur Aligned's Tiffany Charles and Jarrod Musick discuss understanding forecasted balances better in order to avoid stressful shortfalls and missed opportunities.  What's Discussed in This Episode: What are the best investments you've missed out on because you didn't have cash available? What have you had to pass up on in your personal life because you didn't have cash? Personal anecdotes...

Entrepreneur Aligned's Tiffany Charles and Jarrod Musick discuss cash flow tracking and foundation setting for the year ahead.  What's Discussed in This Episode: How to reconcile zero percent interest rates and the need to keep cash. With interest rates on deposits at or near zero how should we keep our liquid reserves? Welcome and Successful Sip [1:09] Introduction of episode themes of cash, rese...

Entrepreneur Aligned's Tiffany Charles and Jarrod Musick discuss cash flow tracking and foundation setting for the year ahead.  What's Discussed in This Episode: January is the time to assess your resources and needs for the year to come. Figure out where you are before you start to move and analyze some common myths regarding cash. Successful Sip [1:08] Knowing your high and low watermarks Cash f...