294: Scott Ford: Building Wealth for a Lifetime

On this episode of the Healthy Wealthy and Smart Podcast, Scott Ford joins me to discuss building wealth for a lifetime. Scott Ford is Founder and CEO of Cornerstone Wealth Management Group, an independent Registered Investment Advisory firm serving entrepreneurs, business owners, executives, and their families. The firm specializes in comprehensive wealth management, business liquidity strategies, and SBA financing. It is Scott’s mission to help his clients pursue financial freedom and live a balanced and fulfilled life.

In this episode, we discuss:                                                    

-How to shift to a long-term mindset with the Lifetime Extender Exercise

-The Sustainable Edge: balancing personal life to achieve professional growth

-Scott’s top habit changes to increase productivity

-Retirement, investment and saving strategies to make money last a lifetime

-And so much more!

 

Focusing on short-term career and personal goals can often lead to an underappreciation of the long-run. Scott envisions what can be accomplished over his longest potential lifespan, which he believes, “Gives me the opportunity and space to think about how I am going to accomplish that because it’s a long game.”

 

Scott encourages everyone to compound their accomplishments over the long-term by completing at least one important task every day. Scott stresses, “If I just accomplish one thing per day but I’m doing that over a span of 30 years and that one thing I know is the most important task, what impact is that going to have on me and other people’s lives over a 30 year span? It’s huge.” One of Scott’s tips for short term planning is to remember that, “What is on your calendar is what your priorities are regardless of what you tell yourself.”

 

While putting away money for retirement is always an important consideration, Scott believes aspiring entrepreneurs should leave enough to allocate to their current pursuits. “One of your best investments if this person has their own business is in themselves and in their business.”

 

For more information on Scott:

Scott Ford is Founder and CEO of Cornerstone Wealth Management Group, an independent Registered Investment Advisory firm serving entrepreneurs, business owners, executives, and their families. The firm specializes in comprehensive wealth management, business liquidity strategies, and SBA financing. It is Scott’s mission to help his clients pursue financial freedom and live a balanced and fulfilled life.

 

Scott is the author of three books: Financial Jiu-Jitsu: A Fighter’s Guide to Conquering Your Finances, The Widow’s Wealth Map: Six Steps to Beginning Again, and the New York Time Bestseller, The Sustainable Edge: Fifteen Minutes a Week to a Richer Entrepreneurial Life. He and his wife, Angie, reside in Hedgesville, WV and have two wonderful children as well as a dog and a cat. In addition to spending time with his family, Scott is a voracious reader and enjoys woodworking, Brazilian Jiu-Jitsu, golf, hunting, permaculture and beekeeping; basically anything outdoors.

 

Resources discussed on this show:

Dan Sullivan

IQ Grower pdf

The Sustainable Edge Website

Planner Pads

Google Docs

The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich

Cornerstone Wealth Group Website

 

Thanks for listening and subscribing to the podcast! Make sure to connect with me on twitter, instagram and facebook to stay updated on all of the latest! Show your support for the show by leaving a rating and review on iTunes!

 

Have a great week and stay Healthy Wealthy and Smart!

 

Xo Karen

 

P.S. Do you want to be a stand out podcast guest? Make sure to grab the tools from the FREE eBook on the home page! Check out my blog post on the Top 10 Podcast Episodes of 2016!