How Entrepreneurs Really Build Wealth! I don't have to tell you that your business can be your most powerful wealth building tool... But if you are solely focused on your business as your wealth, as powerful as it is, it becomes the single point of failure for your financial future. The fact is that it isn't just wealth we want to think about, it is about making sure we are living a rich life. Richness is how we experience life and NOT simply the money in a bank account. Let's fac...
Sep 10, 2022•26 min•Season 2Ep. 98
What do you need to do to build wealth in your 50’s? This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of t...
Sep 08, 2022•42 min•Season 2Ep. 97
The way we see opportunities is different for everybody. Some will see them as a risk, some as luck, and others will see a crisis and turn it into something positive for them. As an entrepreneur, you need to understand what's happening in the financial world so you don’t fall into the trap of making emotional financial decisions. Even if you have a financial advisor, their role is to help you steer towards your goals, but ultimately you are the captain of the ship. Make sure that you’re wor...
Sep 05, 2022•15 min•Season 2Ep. 96
Are you getting good advice from your financial advisor How do you know you have a good financial advisor? How do you choose a good financial advisor? Often advisors work in a company that ties their hands on what they can offer you. They also can have biases based on their corporate requirements or even how they are compensated. The only investments that should be in front of you are those that are the ABSOLUTE BEST for you and your SPECIFIC Circumstances. Unfortunately, many advisors lookat in...
Sep 03, 2022•14 min•Season 2Ep. 95
What do you need to do to build wealth in your 40’s? This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of t...
Sep 01, 2022•45 min•Season 2Ep. 94
Should I Pay Down My Mortgage or Invest? Another great question that I answer along with others in this episode. I do a live Q&A episode of my show on Instagram weekly called, Money Mentoring Over Coffee . This episode is a segment of that show where I answered specific questions that would be available to those that couldn’t attend. Enjoy and if you have any questions join me on my lives or send me your question at www.AskMelNow.com . QUESTIONS ON THIS EPISODE: 07:25 - What is rebalancing y...
Aug 29, 2022•26 min•Season 2Ep. 93
The Steps to Financial Freedom...it's a question I get at least a few times a week. As much as I want to help you get to financial freedom, I am more excited about getting you to live an affluent life. Affluence is often confused with opulence but they aren't the same at all. The fact is that an affluent life has 4 factors to it and only one of them has anything to do with money. Once we get clear on how you define your affluent life, you can then walk through the stage to financial fr...
Aug 27, 2022•15 min•Season 2Ep. 92
What do you need to do to build wealth in your 30’s? This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of t...
Aug 25, 2022•46 min•Season 2Ep. 90
Sometimes it seems like it’s easier to create excuses than solutions. When it comes to money, I see my students constantly finding the same excuses to avoid taking full control of their financial future. Throughout the years, I've found that there are seven recurring excuses that people use to avoid going after their dreams and goals. I have also found, however, how to break through them so you can get your money to work harder for you. My goal? To help you make your money work harder for y...
Aug 22, 2022•50 min•Season 2Ep. 89
Making a Lot of Money Doesn't Guarantee Wealth! In fact, the amount of money you make has far less to do with your ability to create wealth than you think. A recent study of over 10,000 millionaires (Dave Ramsey) showed that the majority of millionaires in the study were making less than $150,000 a year. Too often we are solely focused on on acquiring assets instead skill sets. It is the skill sets that will transform your financial destiny forever. In this episode, I dive into what to focu...
Aug 20, 2022•14 min•Season 2Ep. 88
What do you need to do to build wealth in your 20’s? This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of t...
Aug 18, 2022•41 min•Season 2Ep. 87
Social media has become a big part of our daily lives. We’re constantly sharing and consuming information from all over the world, which ends up becoming part of our routines, habits, and thoughts. Although we think it doesn’t affect us, it does. Social media has created a phenomenon in which we’re comparing ourselves to other people all the time because we’re thinking about social media metrics as a self-worth metric. Sometimes we start thinking that if we don’t have what people show us on thei...
Aug 15, 2022•25 min•Season 2Ep. 86
Your business is not a good wealth plan! Here’s what know if you’re anything like me, you came into your business because you wanted to serve but you also expected it to give you freedom and wealth. Quickly you find yourself on the treadmill running hard and fast with everything invested (time, effort AND money) but with very little wealth or freedom. It is the biggest mistake and misconception most entrepreneurs have as they try to grow their wealth. The other issue is that everything is relyin...
Aug 13, 2022•15 min•Season 2Ep. 85
Get ready to welcome one of my very first guests to the show, Bobby Goodwin, who was part of my “money plan workshop” . Today we’re discussing how this workshop helped him get on his journey to financial freedom. You’ll hear about how he turned the tables and grabbed ahold of his financial ship, little by little, by creating a plan, tackling debt, and starting to work on creating wealth. Bobby is sharing all the steps he took to go from his “drowning point” to his “breakthrough point”. As Bobby,...
Aug 11, 2022•52 min•Season 2Ep. 84
You need to give your money a purpose beyond the currency it represents. The fact is that those that have a purpose behind their money find that their ability to create wealth is higher. My guess is that at some point you have wondered about your purpose, meaning, and what will make you truly happy. Finding that answer and the why behind it is not always easy. The reality is money is simply one of the tools you can use to fulfill your purpose or get behind a movement or mission. The other thing ...
Aug 08, 2022•20 min•Season 2Ep. 83
The Gift in Cancer... That is an odd statement for sure. But the reality is that the lessons that came from my cancer journey were huge and completely shifted my perspective and my life. It allowed me to see the need to be financially free and to be able to live a "get to" life vs a "have to" life. We are all given a limited number of slices of life to live...the question are you living them fully and are you building something your future self would be proud of. I hope this ...
Aug 06, 2022•15 min•Season 2Ep. 82
This is a very special episode because I am for the first time talking to my son about his financial journey. But we've never really spoke deeply about what it was like for him to be raised under my wing. Jeremy talks about how he approached money, wealth and business...and life. Jeremy and his wife Kamie are 32 and 30 years old with 3 homes and a multi million dollar net worth. At 14 years old he started doing business and seeing that he cold make money and that it would be the key to fina...
Aug 04, 2022•42 min•Season 2Ep. 81
I don’t need to tell you that we are having some big shifts in the economy, prices, the stock market, and anything having to do with your money. I get it, changes are part of life. You can’t avoid or fully anticipate them but you definitely can prepare for them. Every choice you make comes with a risk, and your capacity to take on that risk will depend on how well-informed you are. To put it simply, the more you know about things, the more you can control their outcome. When the market is unpred...
Aug 01, 2022•30 min•Season 2Ep. 80
How Did I Get Here...Doing What I'm Doing I get asked this question a ton. The reality is none of it was really planned or intentional but somehow I found my path to my calling and you can too. In this episode I give you a glimpse into one of the core pivot points in my journey to where I am and finding path to financial freedom. It is truly amazing where some of our greatest lessons come from. In my case it was at the hands of of a 6-year old boy. I hope this helps you understand what driv...
Jul 30, 2022•16 min•Season 2Ep. 79
This is a must listen, must watch if you want to live a richer life. My good friend and special guest, Jude Charles is the youngest of 10 children of a Haitian immigrant family. His story is a story of belief, commitment, burnout and rebirth to a life that is full of richness, impact and meaning. You will see that Jude does things very different from most. He is a successful film producer where is focuses on bring heart-enter entrepreneur’s stories to life for the world not just to see but to fe...
Jul 28, 2022•59 min•Season 2Ep. 78
It’s been said many times that our habits create our life, which is why we need to have positive habits if we want to achieve positive results for our future. But our habits can also lead us down a different road and create negative results. The impact of habits is true in every area, especially when it comes to money and protecting our financial freedom. If we want to, we all have the capacity to change our lives. Doing better –thus being better– goes beyond our words, it comes down to our will...
Jul 25, 2022•36 min•Season 2Ep. 77
How to talk about money with your spouse can be a challenge to say the least and often ends up in fights. Let's face it the #2 cause of divorces is money. But it doesn't need to be that way. My guest (Corinne Acampora) reached out to me in a DM after listening and following the show to tell me how it completely changed her and her husband's money conversations. Instead of creating divisiveness or stress, it brought them closer and deepen their connection to their purpose and visio...
Jul 21, 2022•58 min•Season 2Ep. 76
Too often we focus primarily on the return we can make when looking at investments. I know I did that many times but investments and any transaction for that matter can’t be made solely on the possible returns you may get. Here’s why… The return of an investment or your portfolio ALWAYS needs to be made in the context of the risk you are willing to accept to make the investment. When we ignore the related risks we stand to get hurt financially by making decisions that are far riskier than we mig...
Jul 18, 2022•26 min•Season 2Ep. 75
What does it take to go from struggling to clothe your children to a million, half dollar business? Well, in this episode, the Affluent Entrepreneur Show, we're gonna have a conversation. With a friend Josh codes, we're gonna have a conversation because this guy, his story is incredible. He was struggling financially. He had a newborn that needed heart surgery and the ahas, the enlightening moments and the journey to wealth, the journey to entrepreneurship and how he did is in this sho...
Jul 14, 2022•1 hr 7 min•Season 2Ep. 74
If you’re new here, it’s a pleasure to meet you! My name is Mel Abraham, and I want to help you change your life, to create a future that you can be proud of, and have the freedom to spend time with the ones you love. I'm here to help you navigate the sea of financial uncertainty and help get the calm that you need to find peace. Starting the journey towards financial freedom is not easy. There are obstacles that you will face, conversations that you’ll need to have with your family about m...
Jul 11, 2022•29 min•Season 2Ep. 73
Have you ever felt that you had a grand plan and everything was going to be incredible, only to have it all come crumbling down? Well that is exactly what happened with Brandi Mowles. She was a bright law school student that had a huge future. She got the entrepreneurial bug at an event she attended and jumped into the game. Unfortunately, she found out really quickly that making sales wasn’t the same as building wealth. It wasn’t the number that mattered. Ultimately, she found herself deep in d...
Jul 07, 2022•56 min•Season 2Ep. 72
We have always talked about making safe investments and the importance of assessing risks before making those investments. As we’ve discussed, some investments create continuous cash flow, while others increase their value over time, giving us a profitable return. One of those investments is gold. However, there’s a risk of investing in gold: its volatility. Its value could go up or down depending on public demand. If you decide to add gold to our portfolio, you must do it in a safe way, because...
Jul 04, 2022•27 min•Season 2Ep. 71
How are you really? This is a big question that most don't ask often enough. Because we don't ask it often enough, we can find ourselves living a mildly miserable life or a life that isn't fulfilling us the way we want. In fact, this is where a lot of burnout and overwhelm comes from. Today’s guest is my good friend Jenna Kutcher, the host of the Goal Digger Podcast, one of the top podcasts around business, marketing, and how to chase bold dreams. In this episode, we’re discussing...
Jun 27, 2022•29 min•Season 2Ep. 70
When thinking about our financial future we want what is best for us and our family. For some people, this looks like creating retirement accounts that can help their money grow over time. These accounts come in different types and have different benefits. And in every wealth plan, there’s one thing you can’t avoid…taxes. Taxes are simply a part of every financial journey BUT your job is to only pay the amount you are legally required to, not one penny more. Considering that tax rates could appr...
Jun 20, 2022•19 min•Season 2Ep. 69
If you’ve been listening for a while, you know that I believe that multiple streams of income are no longer a luxury, but a necessity. If you’re on this journey already, wanting to accelerate your path towards wealth by diversifying your income, then this episode is for you. It’s also for you if you want to finally be in control of your financial future. Now, finding the right path towards a desired goal takes intentionality. We need to think about what we do, and how we are doing it, and avoid ...
Jun 13, 2022•37 min•Season 2Ep. 68
