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Ep 043: Build A Wealthy Business Rather Than A Cash Generating Business

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Manage episode 320322464 series 2921813
Content provided by Deasha Waddup. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Deasha Waddup or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Anwin is a wealth strategist and genius when it comes to setting up your business not only to generate cash but to really generate wealth in your life. She is passionate about helping women to set up businesses that provide a wealthy lifestyle with strategy and systems to optimise the money that is coming into your business.

You can take Anwin's quiz here: www.wealthfluency.com/wealth-booster-quiz


Or sign up to her group program here: https://wealthfluency.thrivecart.com/c2p-mastery/


Here are the highlights:

{1:33} How did you get into this field?{

3:45} The only way to build wealth is not business

{4:15} Everyone has multiple sources of income

{6:10} How should we be structuring our finances to become more wealthy?

{7:58} What is your definition of wealth?

{11:10} Take the word wealth and what does it mean to you?

{12:23} Let's start with a 6 figure year, what is the best way to set up our businesses from a financial perspective to be able to maximize that money and turn that into wealth?

{12:52} Pay yourself

{13:43} These are the five places you need to split your money out into: your pay, your taxes, your profits, your operational costs, and then the last thing is expense

{14:20} By taking all those elements out first you know that, you've got only got this amount of money left on expenses

{17:00} The struggle that I saw when COVID first hit, a lot of people had income-generating businesses, it allowed you to pay your bill, full stop and that was it

{18:00} How much of a budget do you think people need?

{20:16} When you talk about forecasting, what does that really mean?

{26:45} You make more money doing what you do

{27:35} What do you need a wealth strategist for? What exactly do you do for businesses?

{28:13} Dig deep to go high

{29:30} Your system should always complement your process

{31:05} Look at your taxes and exit plan

{36:13} It's about sustainable Wealth

{37:40} Wealth Afluency Quiz

{40:50} What I want to impart


Connect with Deasha at www.deashawaddup.com

Join the Scaling With Deasha Facebook Group at www.deashawaddup.com/community

  continue reading

49 episodes

Artwork
iconShare
 
Manage episode 320322464 series 2921813
Content provided by Deasha Waddup. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Deasha Waddup or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Anwin is a wealth strategist and genius when it comes to setting up your business not only to generate cash but to really generate wealth in your life. She is passionate about helping women to set up businesses that provide a wealthy lifestyle with strategy and systems to optimise the money that is coming into your business.

You can take Anwin's quiz here: www.wealthfluency.com/wealth-booster-quiz


Or sign up to her group program here: https://wealthfluency.thrivecart.com/c2p-mastery/


Here are the highlights:

{1:33} How did you get into this field?{

3:45} The only way to build wealth is not business

{4:15} Everyone has multiple sources of income

{6:10} How should we be structuring our finances to become more wealthy?

{7:58} What is your definition of wealth?

{11:10} Take the word wealth and what does it mean to you?

{12:23} Let's start with a 6 figure year, what is the best way to set up our businesses from a financial perspective to be able to maximize that money and turn that into wealth?

{12:52} Pay yourself

{13:43} These are the five places you need to split your money out into: your pay, your taxes, your profits, your operational costs, and then the last thing is expense

{14:20} By taking all those elements out first you know that, you've got only got this amount of money left on expenses

{17:00} The struggle that I saw when COVID first hit, a lot of people had income-generating businesses, it allowed you to pay your bill, full stop and that was it

{18:00} How much of a budget do you think people need?

{20:16} When you talk about forecasting, what does that really mean?

{26:45} You make more money doing what you do

{27:35} What do you need a wealth strategist for? What exactly do you do for businesses?

{28:13} Dig deep to go high

{29:30} Your system should always complement your process

{31:05} Look at your taxes and exit plan

{36:13} It's about sustainable Wealth

{37:40} Wealth Afluency Quiz

{40:50} What I want to impart


Connect with Deasha at www.deashawaddup.com

Join the Scaling With Deasha Facebook Group at www.deashawaddup.com/community

  continue reading

49 episodes

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