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Building Your Money Machine
Welcome to 'Building Your Money Machine,' (fka The Affluent Entrepreneur Show) hosted by Mel Abraham, CPA, a renowned financial expert and author of USA Today Bestseller, 'Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!.' On this podcast, Mel shares his insights and experiences from over 30 years in the field of wealth-building, entrepreneurship and mentorship to financial freedom. Each episode provides actionable strategies to master your money, remove financial stress, and live a life by choice, not chance. Whether you work for a company, are a seasoned entrepreneur or someone just starting out on your financial journey, this podcast offers the tools, actionable frameworks and knowledge you need to create your own money machine and secure your financial future. Tune in weekly for expert advice, inspiring guest interviews, and the practical wisdom that will help you take control of your financial destiny. Subscribe now and start building the life you’ve always dreamed of.
Building Your Money Machine
085 Your Business Is a Bad Wealth Plan
Your business is not a good wealth plan!
Here’s what know if you’re anything like me, you came into your business because you wanted to serve but you also expected it to give you freedom and wealth.
Quickly you find yourself on the treadmill running hard and fast with everything invested (time, effort AND money) but with very little wealth or freedom.
It is the biggest mistake and misconception most entrepreneurs have as they try to grow their wealth. The other issue is that everything is relying on you and your effort while having any and all wealth captive in the business and nothing outside of it.
Imagine for a moment being able to have the business but also have enough wealth that the operation and profitability of the business no longer matters and doesn’t define your life.
The missing piece is that as you grow your business you also need to build a money machine outside the business. It is the money machine that gives you the control, freedom and true wealth.
In this episode, I talk through this in depth so you can get yourself finally on the right path to financial freedom. With this you have options and choice in your life. You then have the ability to live a “get to” life instead of a “have to’ life.
Let’s do this!
★★★ READY TO BUILD YOUR UNSHAKEABLE FINANCIAL FOUNDATION? ★★★
Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com
★★★ TAKE THE FINANCIAL LIBERATION ASSESSMENT ★★★
Take this free assessment to see where you are on the path to financial freedom and what your next steps to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com
★ RECOMMENDED VIDEOS FOR YOU ★
If you liked this video, you'll love these ones:
- What To Do With Your Cash - https://youtu.be/voMnEcuFxIY
- Getting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZg
- Overcome Your Money Stories - https://youtu.be/QOPFrUtUaGo
- Pricing & Getting Paid Your Value - https://youtu.be/4ORzXMqofjM
★ OTHER RESOURCES ★
- 7 Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com
- Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/
- My website https://melabraham.com/
- Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabraham.com/book/
- Find me on Facebook https://www.facebook.com/melhabraham/
- Find me on Instagram https://www.instagram.com/melabraham9/
- Find me on LinkedIn https://www.linkedin.com/in/melhabraham/
- Find me on Twitter https://twitter.com/MelHAb
- Find me on YouTube http://www.youtube.com/user/MelHAbraham
