How To Retire Happy Through Financial Planning With Christopher Clepp The ECommerce Money Map podcast

How to Retire Happy through Financial Planning with Christopher Clepp

2y ago 23:36

Content provided by Salim Omar and Shawheen Amirkhizi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Salim Omar and Shawheen Amirkhizi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

[00:01 - 04:59] Opening Segment

Chris has been in financial services since 2001 and specializes in helping business owners from the ages of 36 to 56
Chris's first experience as a business owner did not go well, so he regrouped and went back out on his own
Having control over one's time and autonomy over their situation

[06:00 - 10:37] Planning for Success: How a Financial Planner Can Help Business Owners Sell Their Business

Financial planning is about living the best version of one's life and living in alignment with their values
Financial planning is more than just telling people where to invest their money
Having a financial plan to stay on track with long-term goals
Financial planner as the quarterback of the business owner's economic engine
Updating and referring to financial plans regularly
Exit planning and succession planning as components of a comprehensive financial plan
Understanding what goes into selling a business

[10:38 - 18:42] Unlocking the Value of Your Most Valuable Asset - Time

A business owner needs $300,000 a year to live on their current lifestyle
Consider retirement plans, outside investments, fractional CFOs, outsourced sales
Time is the most valuable asset - focus on what you're good at and outsource the rest
People underestimate what they can accomplish in a day/week/year but vastly underestimate what they

[18:43 - 23:36] Closing Segment

It's never too late to start investing
The biggest problem most people have is that they don't want to do it and push it off
See the links below to connect with Chris

Quotes:

“Begin with the end in mind. ” - Christopher Clepp

“A failure to plan is planning to fail.” - Christopher Clepp

“Good exit planning is really good business planning.” - Christopher Clepp

Connect with Chris through LinkedIn, or visit www.BuildingTowardsWealth.com.

If you’d like to hear more episodes, visit us at https://www.ecommercemoneymap.com/ or on your favorite podcast platform. Don’t forget to like, subscribe, and LEAVE US A 5-STAR REVIEW!

Thanks for tuning in. We’ll see you next time!

51 episodes