Smart Money Moves for Business Owners – In Just 7 Minutes with Justin Krane
Marketing The Invisible - A podcast by Tom Poland
Learn how financial life planning help merge your money with your life Discover how to build a custom portfolio from scratch based on your objectives and risk tolerance Find-out how to get your money life going Resources/Links: Download Justin's Free Guide: 3 Things Multi Millionaires Do to Grow Their Wealth: https://kranefinancialsolutions.com/3things/ Summary Where are you going? If you don’t know where you are going you will drift through your life. Justin Krane, a Certified Financial Planner professional, is the founder of Krane Financial Solutions. Known for his savvy, holistic approach to financial planning, he advises his clients on how to unite their money with their lives and businesses. In this episode, Justin shares how he helps entrepreneurs identify, clarify and meet goals for increasing their business revenue and create a bigger vision for their business through education and financial modeling. Check out these episode highlights: 01:42 – Justin's ideal client: "My ideal client is a business owner that's doing a million dollars in sales, has at least $250,000 in profits, has about five employees and has investable assets of roughly a half a million dollars. ." 02:02 – Problem Justin helps solve: "Financial clarity. If you can't see what's going on in your business and with your money, you don't know you have a problem." 03:49 – Typical symptoms that clients do before reaching out to Justin: "So, from a business owners’ perspective, they are guessing with money, they're guessing and making decisions." 04:37 – What are some of the common mistakes that folks make before finding Justin and his solution?: "So, number one, is you're not automating your finances. You're not pulling out a certain amount from your business to save and invest for your personal future." 05:45 – Justin's Valuable Free Action(VFA): Automation, like literally that means linking like your business checking account with your personal checking account, and automating a certain amount of money for that goal you have. 06:41 – Justin's Valuable Free Resource (VFR): Download 3 Things Multi Millionaires Do to Grow Their Wealth: Visit https://kranefinancialsolutions.com/3things/ 06:59 – Q: How do business owners decide whether the investment they're making is smart or a waste of money?? A: If you think you can make a three times rate of return on your investment, then it's ago. Tweetable Takeaways from this Episode: “Automate literally means linking your business checking account with your personal checking account, and automating a certain amount of money for that goal you have.”-Justin KraneClick To Tweet Transcript (Note, this was transcribed using a transcription software and may not reflect the exact words used in the podcast) Tom Poland: 0:09 Hello everyone, a very warm welcome to another edition of Marketing The Invisible. My name is Tom Poland, joined today by Justin Krane. Justin, good day, very warm welcome. Where are you hanging out, sir? Justin Krane 0:19 Los Angeles, Tom, great to be here. Tom Poland: 0:21 Great to have you. Justin and I have known each other off and on for probably a few years now, sort of, we're in the same online Joint Venture Mastermind group. So, Justin, your credibility and experience and success is nothing short of extraordinary. And you don't really feature that in your bio, which is why I've given you a plug here because you are the first fin...