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The Integrated Entrepreneur
Welcome to The Integrated Entrepreneur with Jonathan Fodera, hosted by founder, author, public speaker, investor and entrepreneur Jonathan Fodera. On this podcast you'll learn strategies on how to become a better operator, how to acquire more clients for your company, how to retain those clients, valuable lessons, and how you can avoid the mistakes that Jonathan has triumphed on his path to $500M+ in financing for business owners and entrepreneur's.
Meet the Co-Host:
Keith Gause was born in Houston, Texas and moved to Jacksonville, Florida at the age of 2. He continues to reside in Jacksonville with my wife, Deanna, and two daughters: Addison (13) and Kylee (10) and their 4 dogs, a cat, a bearded dragon, and a snake. (If it were left to the ladies to decide, they would have a zoo!)
Keithโs childhood was spent playing sports, being an only child, and watching his father become an entrepreneur by continuously failing and trying again. His father built a multimillion-dollar company allowing him to retire and live the life he always dreamed about. Watching his fatherโs journey taught him a lot about business.
Not ready to jump into the family business, Keith went into the military in the year 2000 at age 18. He spent 5 years assigned to the 20th Special Operations Command in Ft. Walton Beach FL and spent a majority of his military career deployed to places that needed the most attention.
Keith continued in the world of excitement and danger by going into Law Enforcement where he spent 10 years working in Northwest Jacksonville. He worked the nightshift, 6pm -6am, which allowed him to have a full day to make an impact on what he ultimately wanted to do. That goal was to create an empire and to impact as many business owners as possible.
In 2009, wanting to care for his wife and first born in the best way, he took a big risk and spent his entire savings on an inactive business name and one inflatable bounce house. Bounce Around Jax Party Rentals was Northeast Floridaโs #1 party and event rental business. At least that is what he believed!
By 2012, Keith was able to make a 7-figure exit and leave Law Enforcement and began to study all things finance & investing. He focused on learning about any mistakes he had made as a business owner and became obsessed with helping others avoid the same ones. That is how Tideland Consulting came to be. Now, Tideland operates in all 50 states and has created a non-bias ecosystem for growth-oriented entrepreneurs that maximizes how each dollar impacts the business, from protecting assets and reducing taxes to succession plans and exit strategies.
In 2023, Tideland aligned with GFG Solutions as a strategic partner to serve business owners at the highest level, with a white-glove service feel from a world-class team.
The Integrated Entrepreneur
Slaying the Debt Dragon: Tactics for Beheading Bad Balances
Can you tell the difference between good debt and bad debt? Join Jonathan Fodera and Joseph Viccora on the Integrated Entrepreneur as they navigate the complex landscape of debt consolidation for small businesses. This episode illuminates the tactics some lenders use to exploit entrepreneurs with misleading financing deals. From distinguishing between beneficial debts like equipment financing and hazardous ones like payday loans, Jonathan and Joseph share insights into how these financial obligations can support or hinder your business's growth.
Dive into an exploration of financial strategies that can help manage and consolidate business debt, with a special spotlight on SBA loans and term loans. This conversation breaks down recent changes in SBA rules and their implications for debt consolidation, offering a candid look at the benefits and hurdles these products entail. For businesses with substantial assets, the sale-leaseback option offers a creative solution to enhance cash flow. Meanwhile, Jonathan and Joseph urge caution when it comes to leveraging personal assets, such as home equity lines of credit, in volatile economic climates. Their goal is to equip you with the knowledge to optimize your financial strategy for sustainable success.
Beware the seductive promises of debt settlement and restructuring companies. Jonathan and Joseph discuss how these services can lead to damaging outcomes, including contract breaches and lawsuits, rather than the relief they claim to offer. Instead, they advocate for alternative solutions and emphasize the importance of having trustworthy advisors. This episode not only provides a practical blueprint for overcoming debt but also fosters a supportive community dedicated to helping entrepreneurs effectively manage their finances and grow their wealth.
Key highlights:
- Consolidating debt is a significant responsibility.
- Good debt can produce returns or is necessary for business.
- Bad debt, like credit card debt, can be detrimental if not managed.
- SBA loans are a viable option for consolidating certain debts.
- Invoice factoring can accelerate cash flow and support growth.
- Using personal assets for business financing carries risks.
- Debt settlement companies often do not deliver on promises.
- Cash advances can be a last resort for debt consolidation.
- Understanding the difference between good and bad debt is crucial.
- Building wealth often requires leveraging debt effectively.
๐๏ธ๐จ PODCAST GIVEAWAY ๐จ๐๏ธ
Apple Podcast: https://podcasts.apple.com/us/podcast/the-integrated-entrepreneur/id1721945867
Spotify: https://open.spotify.com/show/44djZ5wR9cyqTAKJs8DyEX
Subscribe to the podcast and email proof of subscription to jviccora@integratedbusinessfinancing.com.
๐๐ PRIZES ๐๐
๐ฅ Capital Tools Program ($1,999.00).
๐ฅ Business Strategy Session ($1,000.00).
๐ฅ Merch (Tees, Hats etc.).
๐ Join us on the show.
Also Check out:
Built 2 Exit Assessment: https://jonathanfodera.builttoexit.biz/.
Join Jonathan in the Capital Tools Program: https://www.thecapitaltoolsprogram.com/home
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