A huge part of building big businesses and even bigger lives is determining the best balance between cash flow and equity for you and your family at a particular time. In today’s show, we dive into the details of each and how to calculate the right balance.

Cash flow is all about the money you make regularly, while equity is your stake in an asset. There are risks and benefits to both. Cash flow pays the bills. Equity builds wealth. Cash flow can be affected by market changes and business hiccups. Equity relies on the value of an asset going up, which is never guaranteed.

The most important aspect of finding the right balance is knowing your specific goals. From there, you can create a strategy and action plan, identifying metrics to measure success.

These are important conversations we need to be having—thank you for joining us!

Connect on Instagram:

• Seychelle Van Poole: @seychellevp
• Sarah Reynolds: @sarahreynoldsoji
• Wendy Papasan: @wendypapasan
• Kymber Lovett-Menkiti: @kymbermenkiti
• Tiffany Fykes: @tiffanyfykes

Produced by NOVA Media

Summertime is a wonderful season for books. Here at Empire Builders, we’re all readers, so we’re excited to spend this episode talking about our favorite books we’ve read over the past year. They’re books that have changed our businesses and lives… and don’t worry, we throw some novels in there too!

They are:

• “10x Is Easier Than 2x” by Dan Sullivan
• “Leaders Who Last” by Dave Kraft
• “Exactly What to Say” by Phil Jones
• “Leading in Tough Times” by John Maxwell
• “The Mountain is You” by Brianna Wiest
• “Million Dollar Weekend” by Noah Kagan
• “Help, Thanks, Wow” by Anne Lamott
• “The Heaven and Earth Grocery Store” by James McBride
• “Greenlights” by Matthew McConaughey
• “Brainstorm” by Daniel Siegel
• “The Pivot Year” by Brianna Wiest
• “The Women” by Kristin Hannah
• “Emotionally Healthy Leaders” by Peter Scazzaro

Links to each of these books can be found in the Resources section. Enjoy!

Resources:

• “10x Is Easier Than 2x” by Dan Sullivan
• “Leaders Who Last” by Dave Kraft
• “Exactly What to Say” by Phil Jones
• “Leading in Tough Times” by John Maxwell
• “The Mountain is You” by Brianna Wiest
• “Million Dollar Weekend” by Noah Kagan
• “Help, Thanks, Wow” by Anne Lamott
• “The Heaven and Earth Grocery Store” by James McBride
• “Greenlights” by Matthew McConaughey
• “Brainstorm” by Daniel Siegel
• “The Pivot Year” by Brianna Wiest
• “The Women” by Kristin Hannah
• “Emotionally Healthy Leaders” by Peter Scazzaro
• Listen: Empire Building Episode 205. Leading in Hard Times

Connect on Instagram:

• Seychelle Van Poole: @seychellevp
• Sarah Reynolds: @sarahreynoldsoji
• Wendy Papasan: @wendypapasan
• Kymber Lovett-Menkiti: @kymbermenkiti
• Tiffany Fykes: @tiffanyfykes

Produced by NOVA Media

We get to teach and consult with agents all over the country, so we have a pretty good picture of what folks are experiencing in their local markets. For some folks, the market is still really fast-moving, but for many folks, it has slowed down. However, we also have a great view of what works for agents regardless of what kind of market they are in, regardless of whether they are on the buyer or seller side. That’s what we’re here to share with you today.

We give you five key fundamentals to win in any market: Get your mindset right, establish good habits, ask for help, measure results, and celebrate the small wins.

We dive into each one so you are fully prepared to succeed no matter what.

Resources:

• Register for the Her Best Life 2024 Flagship Event in Miami, September 16-18.

Connect on Instagram:

• Seychelle Van Poole: @seychellevp
• Sarah Reynolds: @sarahreynoldsoji
• Wendy Papasan: @wendypapasan
• Kymber Lovett-Menkiti: @kymbermenkiti
• Tiffany Fykes: @tiffanyfykes

Produced by NOVA Media