Let’s talk about a concept that has been on my mind a lot lately: the importance of simplicity in business. As entrepreneurs, we often get caught up in the excitement and thrill of building and growing our businesses. We pour our heart and soul…
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Rich Vs. Wealthy
“Rich is about how much you make. Wealthy is about how much you keep, how hard it works for you, and how long it lasts. Rich is a necessity for becoming wealthy, but it’s not sufficient on its own. …
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Systems And Habits
Let’s define what we mean by systems and habits. Simply put, a system is a set of steps or processes that we follow to achieve a specific goal. For example, if you’re trying to save money, you might set up a system for tracking your…
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More Than Money
When you hear the term financial advisor or financial planner, what’s the first thing that comes to your mind? If you’re like many people, you said investments. While investments certainly are a part of what a good financial planner does, real financial planning is…
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Staying Focused Like Buffett
What an investor needs is the ability to correctly evaluate selected businesses. Note that word ‘selected’: You don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence the size of that circle is not very…
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Should a Trust Be Part of Your Estate Plan?
Trusts used to be seen as an estate planning tool for only the very wealthy, who have complicated family situations to sort out, and high-value assets to protect. Times have changed. Modern lives are complicated, asset values are high, and good estate planning is for…
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Fear, Greed & Going Broke
One of the most important things that you can do to help you realize your financial goals is to develop a strategy to help reach those goals, and then stick to that strategy. It is much easier to change the course at every sign…
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Real estate, How having the right strategy can maximize your business growth and profitability
In this week’s Bridge to Wealth, we’re welcoming Mark Brodson, President and Managing Broker of Resource Commercial Advisors, a Chicagoland-based boutique commercial real estate firm. In this week’s episode, we answer the questions 1. What do you think business owners should spend more time…
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How to Have “Enough”
We have all seen those commercials that ask us, “What is our number?” That number in the bank account that allows us to “Retire.” We also tell ourselves “If only I can make X per year I will be set.” Whatever that number is, I…
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What To Do In A Down Market
There is no doubt that our country, and our world, are facing some very serious challenges ahead. Inflation is high, there is fear of recession, and we are divided as a nation. However, there are opportunities that present themselves to us during this…
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