Key Takeaways:
Chapters:
Timestamp Summary
0:00:05 Introduction and disclaimer
0:00:37 Phillip and Allison start discussing the topic of organizing home offices
0:00:44 They introduce the concept of a business planning pyramid, starting with the foundation which includes operations, management team, vision, and financial stability
0:02:08 The importance of having a strong foundation before seeking investment is emphasized
0:03:09 They discuss the importance of having a strong top team, sound operations, and financial stability for a business
0:03:21 Phillip asks Allison about whether it's better to invest in raising the capacities of the existing team or hiring someone from outside, from a financial perspective
Powered by ReiffMartin CPA and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Real Estate: Using your equity to buy more real estate
Wealth Building Principle #6: Love what you do or don’t do it
Wealth Mindset: Wisdom is greater than knowledge
Business exit planning series #2: Imagining life after the sale of a business
Wealth Building Principle #5: How to improve your decision making ability
Real Estate: Retirement investing through real estate
Wealth Principle #4: The origins of Financial Security
Investing: Thoughts on the current recession
Business exit planning series #1: Questions that lead to answers that can enhance the value of your business
Wealth Principle #3: The Power of Appreciation
Real Estate: Investing in mid term rentals
Wealth Principle Series #2: Wealth flows to Freedom
Investing: Innovation is where the future money resides
Charitable Giving: Giving back and reducing taxes with donor advised funds and private foundations
Wealth Principles Series #1: Optimism is the only reality
Real Estate: How to find a deal in the current market
Financial planning Q&A for each generation
Investing: How to be a patient investor
Business ownership: How good is your exit strategy?
Wealth Mindset: Money does not buy happiness
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast