EP 002: As Keith Cunningham says: life and business are not about making more of the right choices but making fewer of the wrong ones.

This powerful phrase also applies to wealth creation. 

As a business owner, you've likely faced the impact of what one bad call can make. A dumb mistake made after another can unleash a domino effect putting your livelihood at risk.

This pushes us to hone our decision-making skills - to ensure we minimise the amount of wrong turns we make.

Going with the same mindset, we also need to develop our skills when making decisions about building wealth.

Fortunately, we're willing to share in this episode what we've learned from the stupid—and expensive—mistakes we've made along the way and that most Australian business owners also do. 

We also share some tips and insights about how we've dealt with those challenges. 

So if you're an Australian business owner who wants to learn from the choices we've had in the past, this episode is for you.

Episode Highlights:
00:00 Introduction
01:37 Charley’s and Grant’s biggest mistakes in creating wealth 
03:41 Mistake #1: Poor understanding of wealth creation as business owners 
05:32 The notion that business is the strategy for becoming wealthy 
09:45 Mistake #2: Lack of education about generating personal wealth 
10:35 Applying strategies tailored to your financial situation 
15:30 Mistake #3: Investing in assets that exhaust your pocket
18:08 Learn the risk profile of different investment strategies
19:00 Mistake #4: Picking investments that don’t align with your time and availability 
22:51 Mistake #5: Confusion about tactical investing vs. strategical investing
27:18 Charley’s and Grant’s current approach to building personal wealth
32:19 Explore the wealth creation options available to you 

If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! 



Resources:

○ Business and Investing website: https://www.businessandinvesting.com/

Subscribe: 

○ Subscribe on Youtube: https://www.youtube.com/@businessandinvesting

○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342

Connect with Business and Investing: 

○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480

○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom

○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom

○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom

○ Send your enquiries or drop by to say hello: grant@businessandinvesting.com



DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision. 

EP 002: As Keith Cunningham says: life and business are not about making more of the right choices but making fewer of the wrong ones.
This powerful phrase also applies to wealth creation. 
As a business owner, you've likely faced the impact of what one bad call can make. A dumb mistake made after another can unleash a domino effect putting your livelihood at risk.
This pushes us to hone our decision-making skills - to ensure we minimise the amount of wrong turns we make.
Going with the same mindset, we also need to develop our skills when making decisions about building wealth.
Fortunately, we're willing to share in this episode what we've learned from the stupid—and expensive—mistakes we've made along the way and that most Australian business owners also do. 
We also share some tips and insights about how we've dealt with those challenges. 
So if you're an Australian business owner who wants to learn from the choices we've had in the past, this episode is for you.
Episode Highlights: 00:00 Introduction 01:37 Charley’s and Grant’s biggest mistakes in creating wealth  03:41 Mistake #1: Poor understanding of wealth creation as business owners  05:32 The notion that business is the strategy for becoming wealthy  09:45 Mistake #2: Lack of education about generating personal wealth  10:35 Applying strategies tailored to your financial situation  15:30 Mistake #3: Investing in assets that exhaust your pocket 18:08 Learn the risk profile of different investment strategies 19:00 Mistake #4: Picking investments that don’t align with your time and availability  22:51 Mistake #5: Confusion about tactical investing vs. strategical investing 27:18 Charley’s and Grant’s current approach to building personal wealth 32:19 Explore the wealth creation options available to you  If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! 
 
Resources:
○ Business and Investing website: <a href="https://www.businessandinvesting.com/">https://www.businessandinvesting.com/</a>
Subscribe: 
○ Subscribe on Youtube: <a href="https://www.youtube.com/@businessandinvesting">https://www.youtube.com/@businessandinvesting</a>
○ Subscribe on Apple Podcast: <a href="https://podcasts.apple.com/au/podcast/business-investing/id1607453342">https://podcasts.apple.com/au/podcast/business-investing/id1607453342</a>
Connect with Business and Investing: 
○ Join the Business and Investing Community: <a href="https://www.facebook.com/groups/440140397804480">https://www.facebook.com/groups/440140397804480</a>
○ Follow us on Facebook: <a href="https://www.facebook.com/businessandinvestingcom">https://www.facebook.com/businessandinvestingcom</a>
○ Follow us on Instagram:<a href="https://www.instagram.com/businessandinvestingcom"> https://www.instagram.com/businessandinvestingcom</a>
○ Follow us on TikTok: <a href="https://www.tiktok.com/@businessandinvestingcom">https://www.tiktok.com/@businessandinvestingcom</a>
○ Send your enquiries or drop by to say hello: <a href="mailto:grant@businessandinvesting.com">grant@businessandinvesting.com</a> 
DISCLAIMER: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!

The Business & Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.

Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.

*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!
The Business &amp; Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.
Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.
*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

Helping business owners generate wealth inside and outside of their business.

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