Info

Wealthy Wellthy Wise

Let’s get to the truth of the matter. Can you live without money? Or your body? Yet, how tough is it to find time (and good help) for managing wealth or wellth?! Let’s make it infinitely easier to care for these 2 essentials of a rich life. Let’s cut through misguided, popular beliefs to get straight to the unconventional, bleeding-edge truths. You don’t have to waste any more time on your quest for the good life. Introducing Wealthy Wellthy™ Wise. Where the good life starts.
RSS Feed
Wealthy Wellthy Wise
2019
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
February


All Episodes
Archives
Now displaying: August, 2019
Aug 30, 2019

My guests on this episode of the Wealthy Wellthy podcast, CrisMarie Campbell and Susan Clark, are experts on conflict and communication in relationships. The pair met more than 20 years ago and they quickly hit it off, first as business associates working in the corporate world, helping companies enhance teamwork by understanding conflict in that setting. As they became a couple, they found that they were better able to understand and communicate with their clients about the conflict in couple’s relationships as well.

CrisMarie and Susan share the different dynamics that are involved and the far-reaching impacts of embracing conflict in relationships. From the perspective of increased intimacy and fulfillment, their discussion was eye-opening when it comes to trusting the other person enough to be open and vulnerable with them and trust that they will reciprocate. They talked about healthy and unhealthy conflict and how it is important to define the lines that should not be crossed based on each person’s preferences and past experiences. We discuss the benefit of talking about these boundaries early in a relationship, and how having these tough conversations sooner, relationships are more primed to thrive through conflict. 

One of the most interesting concepts that CrisMarie and Susan talked about, is focusing on yourself and your needs before trying to contribute to the relationship. They share that your relationship will be stronger when you are stronger individually first and willing to talk about your needs and desires with each other in an effort to make yourselves a stronger unit.

For show notes and more info visit:

http://wealthywellthy.life/149 

Aug 23, 2019

On this episode of the Wealthy Wellthy podcast, I talked with Robert Kandell, host of the “Tuff Love podcast” and author of “unHIDDEN: A Book For Men and Those Confused By Them”. In the late 1990s, Robert went through a series of personal transformations that led him to make some significant changes in his life. He started a new company in 2005, but after about 9 years he realized that he was not in alignment with the direction of the organization, so he started his consulting business in 2014. Since then, he has been helping men and women alike understand the dynamics between them and the ways in which the mindsets ingrained in them since birth are no longer sufficient or productive.

His book is intended to serve as a translational guide between the genders, ultimately helping men and women understand each other, their needs, their goals, and their communication styles, especially in the new social landscape that has emerged since the “Me Too” movement of 2017. Robert believes that women are more empowered than ever before to be ambitious and aspirational, from school age all the way into career advancement, and men are struggling to engage with women in this shifted dynamic. Robert speaks to the ways that female empowerment and the integration of technology into the dating world affect relationships in general and outlines specific things to be aware of in maintaining a healthy relationship with your partner, filled with truth, transparency, and trust.

For more info and show notes visit:

http://wealthywellthy.life/148 

Aug 16, 2019

On this episode of the Wealthy Wellthy podcast, I talked with David Keller of Sierra Alpha Research, a firm specializing in behavioral finance. David comes from a finance background where he studied the statistics behind people’s purchasing and money decisions, and he has found that his sweet spot is helping his clients unpack their behavioral baggage to see how psychology affects their behaviors. 

One of his main pieces of advice is to write down your investment plan and determine the rules that will govern your investment decisions. By sticking to the specific benchmarks and timeframes you have set out for yourself, you remove any element of endowment, confirmation, or narrative biases from your process, making your investment decisions more level-headed and less impulsive. David advises new investors to evaluate how much time they have to commit to working on their investments and not put expectations on themselves that are more than they are capable of. A good rule of thumb is to buy good companies at a good time, and you can find out about these opportunities by being informed about the market and self-aware.

As a pilot in training, David has found a lot of parallels between flying and investing. Some of the lessons that are the same for both endeavors are the importance of having and following a checklist and having a back-up or emergency plan when something does not go as planned. Additionally, it is important for people to have a mentor who helps them learn how to invest, just as it is important to have a flying instructor. David busts the myth that investing equals action. Sometimes, he says, the best investment decision is to take no action.

 

For more info and show notes visit:

http://wealthywellthy.life/147 

Aug 2, 2019

On this episode of The Wealthy Wellthy Podcast, I welcome guest Mike Michalowicz. Mike is the entrepreneur behind three multimillion-dollar companies and is the author of Profit First, The Pumpkin Plan and what BusinessWeek deemed the entrepreneur’s cult classic, The Toilet Paper Entrepreneur. Profit First is one of my favorite books so I am very excited Mike joined me on this episode.

In this conversation, we take a closer look into Mike's “profit first” model and fiscal responsibility. I have taught so many of my clients about personal finance and how to use the profit that they take from their business into their household, but Mike points out one area entrepreneurs historically fall short is establishing how much profit they are going to take from their business first.

According to the Small Business Administration, 83% of small businesses are in check-to-check survival, and Mike notes that if your business is operating this way, you are not taking care of yourself and likely not listening to what your business is telling you about your margins. Mike speaks from experience on this subject, having evaporated all of his personal wealth at one point in his entrepreneurial journey due to “arrogance and ignorance”, his books and teachings are a guiding light for many new and seasoned business owners getting started on the path to profit.

Be sure to listen until the end as Mike gives us a sneak peek of his newest book, which will be hitting shelves in 2020. The topic surrounds the necessity hierarchy for business progression, which is based on research from businesses both big and small and always includes these steps: (1) Sales process, (2) Predictable profit, (3) Efficiency, (4) Impact, and (5) Legacy.

For show notes and more info visit:

http://wealthywellthy.life/146

1