The Entrepreneur's Solution: Business Tips | Wealth | Lifestyle | Entrepreneur | Success

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Synopsis

Mel Abraham from The Entrepreneur's Solution reveals all of his business and entrepreneur building strategies. Discover how to design, create and build your business so it gives you the life and lifestyle you want. Mel believes that businesses are started to create community, support society and live your dreams. It is all about creating a life of freedom and peace of mind. Mel is a CPA by education but an entrepreneur by exhilaration and a true believer in the entrepreneurial way of life. It is through entrepreneurship that we create community, support society and live our dreams. It is where possibility meets reality again and we can bring our dreams out of the darkness and breath life into them again. Mel has built, bought and sold successful businesses for decades and is currently a strategic mentor and board member for many businesses. As Founder of Business Breakthrough Academy he’s a committed advocate for the entrepreneurial way and provides real education, to real entrepreneurs for creating a real life! Actionable strategies for entrepreneurs, solopreneurs and other businesses.

Episodes

  • 011 Getting Highly Paid for What You Know

    31/05/2021 Duration: 25min

    What does it take to get paid premium fees for what you know? In today's episode, we will discuss how to increase the prices of our products, not from a pricing perspective but from focusing on the value we provide. We will go through the four elements we need to elevate in order to separate our business from the rest as premium providers.  What You Will Learn In This Episode: - Why we must find out what makes us different from everybody else in the market - The Unique Methodology™, and how it works - The four things we must have in order to create a truly Unique Methodology™ that stands out - The advantages of creating an online program When the market can't see the value we can provide, increasing our revenue is almost impossible. We will find many people in the market solving the same problems we solve, but we must discover what makes us different, and what value we can provide that no one else can.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/afflue

  • 010 Generate and Scale Your Income

    24/05/2021 Duration: 35min

    In this episode, we will talk about one of the best ways to generate income, and one of the three pillars of The Affluence Blueprint™  called the Generate pillar. I will talk about why I love digital business and digital income streams to generate revenue and wealth. We will go through the three essential elements of digital businesses and how they work. What You Will Learn In This Episode: - The three critical outcomes of the affluent entrepreneur  - The elements needed to become an affluent entrepreneur and what is the Generate pillar - The different ways to generate income, and the relationship between the value we provide and the price we ask for our product - The three elements framework to create a digital business Regardless of the expertise we have, the beauty of the digital space is that we can record a course with several lessons and sell it online. It will provide value and teach people without our presence being required, and most importantly, it will generate income while we sleep.  Resources: -

  • 009 Why Assets are Vital for Financial Liberation

    20/05/2021 Duration: 25min

    In this episode, we will reveal why assets are essential for your financial liberation. We will talk about the Save, Spend, and Pray society in which most of us grew up, and how that has affected the way we see money and wealth creation. We will demystify the beliefs around passive income, and we will go through the five incomes framework. What You Will Learn In This Episode: - Why the “save, save, save” mentality can't help us to create financial liberation - The Five Incomes™ Framework - What is leveraged income and its role in wealth creation - What are the two levels of income that most people spend their lives on - The advantages of having assets income, residual income, and portfolio income When all of our income depends on one of the five incomes, we will have a hard time scaling that. The secret to financial liberation lies not in our capacity to generate income, but in our ability to create a machine capable of supporting our lifestyle without our direct effort. Resources: - Affluent Entrepreneu

  • 008 Understanding the Number for Wealth Creation

    17/05/2021 Duration: 38min

    Today, we will do a bit of math to understand the number of wealth creation. We will talk about the variables to consider when you want to reach the desired level of wealth, and we will cover the most common mistakes people make when planning their journey to a wealthy life.  What You Will Learn In This Episode: - How the change in the pension plans has affected our lives - Why we must create a lifestyle plan rather than an income plan - How investment returns can help us create wealth, and how higher investment returns relate to risks - The role of time in wealth creation - The four inputs that affect the amount you need in order to grow your wealth The see-where-it-goes mind frame is not the best strategy to achieve financial liberation. Therefore, when we talk about wealth creation, it is fundamental to have a clear goal, otherwise, it is impossible to put a plan together that will get you where you want to be.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affl

  • 007 How to Scale Your Profits

    13/05/2021 Duration: 27min

    In this episode, we will talk about profit, and we will discuss how the misconception between revenue and profit can cause problems and misunderstandings. We will also talk about maximizing profits, what the 50% rule is, and the Wants and Needs Analysis.  What You Will Learn In This Episode: - Why revenue or top line is NOT what we need to focus on when we want to increase profit - What is the best way to increase a company's profit - What is the 50% rule, and how to apply it properly - How the Needs and Wants Analysis can help us scale our profits Once our company starts generating considerable profit, it becomes easy to make mistakes. Instead of asking, can I afford this, the question should be, how can I make this affordable? When we talk about lifestyle and wealth, we need to think about our future, and getting in debt for a lifestyle is selling our future for our present.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - The Fifty Percen

  • 006 How to Overcome Your Money Story

    10/05/2021 Duration: 36min

    Today, we will talk about money stories, and why I believe that the money stories that keep us stuck are not taught, but caught. We will go through Brad and Ted Klontz’ four money scripts to understand how these stories affect us, and what we can do to prevent them from running our money life.  What You Will Learn In This Episode: - Where our money stories are coming from - Why we need to be able to identify our money stories - The main traits of money avoidance and money worship stories - What is money status, and where it can lead us - What it means to be money vigilant  All of us have money stories, but until we step back as observers of our life and identify them, we won't be able to change them. Maybe one of the four money scripts is more present than the others in our lives, and that’s fine. What we need to do is find a balance between them.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Book: Ted Klontz, Brad Klontz - Mind Over Mone

  • 005 Wealth Building and Failure in Business

    07/05/2021 Duration: 30min

    Today, we will talk about wealth-building entrepreneurship and why businesses fail. We will discover the mind frames that affluent entrepreneurs need to understand and adopt, and that will set them apart from treadmill entrepreneurs. What You Will Learn In This Episode: - What is the main difference between treadmill and affluent entrepreneurs - The three mind frames on an affluent entrepreneur, and why mind frames are different from mindsets - The idea behind creating several business plans for our entrepreneurial endeavors - What happens when we have conflicting mind frames  Some entrepreneurs feel comfortable with only one or two of the three affluent entrepreneurs' mind frames, and it often ends up with their business failing. We are the CEO not only of our company, but of our legacy, and that's why we must know how to wear every hat and feel confident with all three affluent entrepreneurs' mind frames.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/gro

  • 004 The Simple Way to Build Wealth

    06/05/2021 Duration: 19min

    This episode is about the simple ways to create wealth. We will talk about money issues and how to deal with them. We will go through the three basic laws of wealth creation, and I'll share with you the six steps you can implement right away to change your wealth-building game.  What You Will Learn In This Episode: - Why you are experiencing money problems - The three fundamental laws of wealth creation - Why it is important to know the destiny of every dollar that we generate - What is the best way to manage our investments - The six steps to start building wealth  Wealth creation is simple to understand, yet it is a long game. We must be consistent, disciplined, we must be investing persistently based on the fundamental laws, and as a result, we will create wealth over time.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Book: Chris Hogan - Everyday Millionaires: How Ordinary People Built Extraordinary Wealth—and How You Can Too https:/

  • 003 The Money Taboo That Keeps You Broke

    05/05/2021 Duration: 16min

    Today we will talk about the money taboo. We will discuss how the way we think about money affects our relationship with it and our lives in general. We will go through the six reasons why we should start talking about money with the people around us. What You Will Learn In This Episode: - Why the taboo of talking about money is keeping you broke - How the ignorance around money can affect our families - Why talking about money is the pathway to growth - Why we must have positive conversations about money and talk about it with our kids - The importance of breaking the not-talking-about-money family tradition There are many emotions around money. Those who have it feel guilty, and those who don't feel ashamed. The feelings around money make it an uncomfortable topic to be discussed, which only creates more ignorance and confusion about producing wealth. We need to remember that money is neither good nor bad, it's neutral. It's just a tool that can be used for the greater good or not. Resources:

  • 002 How to Achieve Financial Liberation

    03/05/2021 Duration: 18min

    In this episode, we will talk about how to get financial liberation. We’ll discuss what it means to be a treadmill entrepreneur and the long-term results that they get. We will also go through a small portion of the Affluent Blueprint Framework, and the outcomes of living an affluent entrepreneur life. What You Will Learn In This Episode: - The difference between financial freedom and financial liberation - What it means to be a treadmill entrepreneur - The three critical outcomes of an affluent entrepreneur life - What it means to have complete freedom - What are the three pillars that grant the critical outcomes of an affluent entrepreneur life Every entrepreneur struggles with the work-life balance, when actually the struggle is about work-life harmony. Every work-related decision affects our personal lives and the ones around us, and a richer lifestyle is not about assets and possessions only, but about having time in our day to spend with our loved ones. Resources: - Affluent Entrepreneurs Private Facebo

  • 001 How to Live a Life of Affluence

    03/05/2021 Duration: 21min

    In this episode, we will talk about the affluence life paradigm, and how to live an affluent life. We will go through each of the four paradigm elements, and learn how to put together an affluence plan. Finally, we will talk about what it means to generate a perpetual income machine.  What You Will Learn In This Episode: - What we mean when we say affluence, and how that impacts our lives - What is an affluence life paradigm - Why we need to have a meaningful and impactful vision - What it means to have a fruitful and peaceful affluent life plan - The five incomes and what it means to have a perpetual income machine One of the keys to being an affluent entrepreneur is to have a bigger-than-us vision, something that we want to achieve outside of ourselves. It has to be powerful enough to keep us on track during the most challenging times. We must have a vivid and compelling vision, something we would crusade for, and that’s the only way to ensure that we will get up after every blow life gives us. Resources: -

  • 000 Welcome to The Affluent Entrepreneur Show!

    03/05/2021 Duration: 17min

    This show is all about your business, your finances, and your life. This podcast is for you if you want to play a bigger game in life, in your business, with money, and generating a massive impact in the world in the process.  I'm Mel Abraham, a best-selling author, speaker and founder, CPA by education, and entrepreneur by exhilaration. I'm the founder of the Thoughtpreneur Academy and Business Breakthrough Academy. In my journey as an entrepreneur, I've built, bought, and sold several multimillion-dollar businesses for my clients and myself. I believe that everyone should be financially independent. On this podcast, we will have open, frank, and direct conversations about wealth, business, and life, shining a light on what is possible for your entrepreneurial endeavors. I'm convinced that being an affluent entrepreneur is the answer to living a bigger, bolder life, and to do it is within our reach.  I'll invite successful entrepreneurs, investors, and high-performance athletes to th

  • TES 094 - How to Create Frameworks That Get Results

    30/03/2017 Duration: 29min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about how to take your concepts and communicate them in a way that gets action as well as results from the people that you are serving. As visual learners, we learn with pictures and frameworks. They are the key to inspire understanding and results. If we don’t get it right, your marketplace will be lost in complexity and confusion, there’s no understanding and what really happens is that there is no progress. When we get it right, the mess becomes simple, your audience sees themselves in there and it gives them path to results. It’s how they take their first step. The 3 things that you need to know: Geometry is real. There’s basically squares, circles and triangles. Emotions are imbedded. Your audience identifies with the fears, frustrations, aspirations, and dreams. Choreography gives it life. The syntax and process to unpack it will move them. The Framework Formula Here are the 4 common elem

  • TES 093 - How to Go from Job to Entrepreneur

    28/02/2017 Duration: 39min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, answers a question about whether it is time to quit your job and go from job to entrepreneur. As risk mitigators, entrepreneurs must weigh the risks before moving forward. If you do not get it right, you are living a dual life, there is no joy in earning, and you find yourself in no or low cash flow. If you get it right, you feel like you are in flow, you are monetizing your passion, and you find freedom and cash flow. The 3 key principles you should understand: Committed vs reckless. There’s a difference between being committed and being reckless. Plan and test. Put strategies in place and get feedback. Set your scale threshold. Not everyone has the same transition point. The Entrepreneur Transition Formula Preparation: It is about your thinking. Clarify what you are passionate about but passion itself isn’t enough. You must create value in other people’s lives with your passion. Also, interview th

  • TES 092 - How to Get Your Message to Market Match Right

    21/02/2017 Duration: 26min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, teaches you how you can get your market to message right by building a bridge between the two. If you want to build an audience or a following, you need to be able to spread the right message to the right ears at the right time in the right way. This episode will teach you how you can get your market to message right by building a bridge between the two. If you do not get it right, your message gets lost and no one sees it. Nobody is there for your content and you end up with no sales. But if you get the market and the message right, there is clarity. Once they have it, your message becomes music to their ears and deals end up getting done. The 3 principles that you need to know: They need to feel understood. You have walked in their shoes or understand what it’s like. They need to see a path. That you can take them from point A to point B. Transformation drives value. Articulate the transformation th

  • TES 091 - How to Create a Training that Transforms

    14/02/2017 Duration: 20min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, discusses about how you can create a training that builds in transformational results for the people that buy, use, attend and learn from you. We need a killer program for it because if we do not do it right, there is no one that has attention on us, there is no demand and it results in the fact that we can't improve other people's lives. When we get it right, there is an intense focus on us, we are in demand and the users get the results in the process. The 3 principles that you should know: Insights drive transformation Feelings deepen retention Action steps will lead to results The Killer Program Paradigm This framework will allow you to make an experience and build the feelings necessary to give your audience the action steps which in turn gives them the results in the process. Education: They come to us for training and so we educate them. We give them the insights which are not just

  • TES 090 - How to Create a Lead Magnet that Converts

    01/02/2017 Duration: 24min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, shares with us the framework and the tools so that you can build a lead magnet that converts. If you do not get it right, we're going to end up with a bunch of lookie-loos, we are in a situation where there's literally no traffic and we don't even get that first date with our audience. But if we get it right, qualified people will be attracted to our content, they even share it and you end up with courtship which is a trusting and loyal relationship. The 3 key principles that you need to know: They are looking for something It solves a specific problem It highlights a bigger solution The Lead Magnet Pillars The objective here is to get something that actually attracts and converts. There are 3 keys to it: Educate: They got to feel that it’s going to educate them. There should be information that is useful. The easily digestible content that you provide should empower them. Engage: It

  • TES 089 - How to Build Engagement with Your Market

    25/01/2017 Duration: 27min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, about how you can engage your audience or market so that you excel in your presence out there and build a following that is going to champion you. If we don’t get this right we are going to feel deserted, it leads to feeling ignored and there is no growth. But if you get it right, there is a crowd and it is populated, you will enter into conversations and ultimately it becomes a stampede as they want to be a part of the community. The 3 principles that you need to know to building engagement with your market: Speak to their desires. Understand their dreams and aspirations. Get their commitment to do something. Decision is simply the catalyst. Only a few them are immovable. The Engagement Elevator This framework helps us to understand the following 3 pillars of engagement: Heart: It is about incorporating the emotional side. It may be a story, a statement or something that grabs them emotionally firs

  • TES 088 - Moving From Goal-Setting to Goal-Getting

    17/01/2017 Duration: 28min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about moving from goal-setting to goal-getting using something called The Achievement Ladder. If we are not focused on achievement and goal-getting, we end up with spotty success, we have a complete lack of drive and we start to stew pessimism. When we get it right, we will walk through the success gateway, we are hyper-driven and we approach things with a knowing. Here are the 3 things that you need to know: Micro-successes are key Blame builds walls Positive expectancy The Achievement Ladder Goals are useless unless they are energized by emotion. They should be aligned with your vision and purpose. This ladder of achievement is meant to infuse you with the energy so you move from goals to success. Personal Growth: At the very bottom of this framework is personal growth. In order for you to succeed, you need to be willing to do things and have that inherent desire to grow. Perseverance Purpos

  • TES 087 - How to Maximize Your Success

    09/01/2017 Duration: 28min

    In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, continues the journey on productivity and talks about how you can maximize your success in such a way that accelerates you toward your destination. If we don't understand how to do it, we end up with no process, we don't recognize successes along the way and we're just not successful. On the flip side of this if we get it right, we become process driven, we celebrate our successes along the way and ultimately we have learned-success. Here are the 3 things that you need to know: Lessons are key Process brings control Blocking moves the ball The Success Maximizer Here are the 8 areas of focus for maximum success: Reflect: Define and celebrate your wins. Reflect where you are and where you have come from. Lessons: List the top 10 lessons from the past year. This is where you start to get the growth. Attitude: Where did you spend most of your time from an attitude perspective? Were you pe

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