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Podcast Episode 76: Stop Should-Ing on Your Money

EPISODE SUMMARY On this episode of Sound Financial Bites, I speak with Dr. Paul Conti. Dr. Conti is a General Psychiatrist, treating all aspects of mental illness and the impact of life stressors. He is a graduate of Stanford University School of Medicine and he served as Chief Resident at Harvard. Named one of Oregon’s top psychiatrists in 2008, he …

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You Don’t Know What Happens When You Sell – Or Age

At some point, you’re going to have some tough decisions to make about your future. We’re not invincible and nobody lives forever. It’s better to have a plan in your 30s or 40s than to be blindsided and scrambling at 65. You will have to sell or pass on your business someday. You will reach that traditional retirement age. It’s …

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Podcast Episode 75: Building and Assessing Value While Creating Autonomy Part 2

EPISODE SUMMARY Marek Omilian is the Managing Director at Value Prism Consulting, a professional services company based out of Seattle, Washington that values company’s assets and does business case consulting. Marek has been in this field of work for over 25 years and in part two of this two part interview, we talk about the assets he invests in, life …

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Accept That Your Relationship with Money Has Changed

Now that you’re on the journey of saving for that dream lifestyle, it’s time to accept that your relationship with money is different than it was when you were hustling to grow the business. We’ve gone down the road of separating business spending from personal spending, but now it’s time to realize that the way you spend and save has …

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Podcast Episode 74: Building and Assessing Value While Creating Autonomy Part 1

EPISODE SUMMARY Marek Omilian is the Managing Director at Value Prism Consulting, a professional services company based out of Seattle, Washington that values companies assets and does business case consulting. Marek has been in this field of work for over 25 years and in part one of this two part interview, we talk about valuations and he gives us some …

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Podcast Episode 73: Bombings, Leadership, and Cultural Capability

EPISODE SUMMARY Kari Granger teaches leadership around the globe and consults with executives and organizations on performance. She has a Masters Degree in Leadership and taught leadership at the Airforce Academy. In 2005 she took on a leadership role in Iraq where she helped turn around an ineffective culture in record time and set mission ready records that left her …

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When $22.5 Million Is Not Enough

Have you ever considered what it would be like to be considered “rich”? Don’t be fooled by those who appear rich. All too often, those you see as rich are not balance sheet wealthy, or to put it plainly, they’re broke. Watch the video below that demonstrates why, in some cases, $22.5 million dollars may not be enough to sustain …

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Where Entrepreneurs Fail: They Have No Idea How to Spend Money

This might sound laughable, but far too many entrepreneurs and business leaders have no idea how to spend money. Here’s what I mean: you’re used to spending large amounts on your business, signing off on international flights and new equipment for your staff. Four digits, five digits, six digits … so long as it’s helping the business produce more, you’re …

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Basics of Finance: Rebalancing

Here is part 7 in our Basics of Finance Video Series on Rebalancing Your Portfolio. Why would you need to rebalance your portfolio? Is risk tolerance a consideration? How should you set up your asset allocation model? Sound Financial Group President (now CEO) Paul Adams shares the answers to some frequently asked questions about rebalancing your investment portfolio.