Building Your Money Machine with Mel Abraham
Aug 28, 2023Wealth creation is something that is attainable for everyone. With proper planning and a good strategy, anyone can set themselves up for a financially free future. My friend and mentor, Mel Abraham, joins me on the show today to share how how set yourself up for a financially free future.
Mel is the founder of Thoughtpreneur Academy and Business Breakthrough Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle they want. Mel is one of the most sought-after financial experts, entrepreneurial mentors, and strategic thinkers of our time.
The key takeaways from this episode are:
1. The podcast episode emphasizes that wealth creation is within reach for everyone. By following proper planning and adopting effective strategies, anyone can work towards achieving financial freedom.
2. Financial expert Mel Abraham discusses the link between business ownership and wealth, asset types for generating income, and sustainable wealth-building habits.
3. The importance of aligning wealth-building efforts with one's desired lifestyle and strategies for building wealth are discussed in relation to personal preferences and goals, aiming to create a holistic approach to financial success.
What you’ll hear in this episode:
[2:20] Who is Mel and how is he different from your typical CPA?
[6:02] How are business ownership and wealth building connected?
[13:01] What are some types of assets that you can purchase as part of your money machine?
[22:43] What are some sustainable wealth creation habits?
[29:31] How to build your wealth in alignment with your lifestyle.
[36:01] What is the Affluent Entrepreneur Experience?
Related Episodes:
How to Maximize the Return on an Unpaid Opportunity
How to Develop a Brand Style with Tanya Smith
Leveraging Collaborations for Business Growth
Resources:
Connect with Mel:
FREE 3-day Live Training: www.AffluenceLive.com
IG: @melabraham9
Tactical Resources:
5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh
Create a Custom Podcast Playlist: https://quiz.tryinteract.com/#/6303d4c525b1e80018d47cfa
Grow Cash Flow for Your Business: https://www.keepwhatyouearn.com/endless-cash
Tax Deduction Guide: https://www.keepwhatyouearn.com/tax-deduction-guide
CFO Power Session: Text POWER to 860-609-6374
See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator
Additional Resources & Connect with Shannon:
Find everything you need at https://www.keepwhatyouearn.com
Questions about this episode? Text me! https://my.community.com/shannonweinsteincpa
Hire us: https://www.fitnancialsolutions.com/accounting
Find me on IG: https://www.instagram.com/shannonkweinstein/
Meet me face-to-face on
YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.