With deep sadness, we bring you this episode with Greg Winteregg, who passed away on July 13th, 2021, shortly after we recorded this GMAP podcast.

He leaves behind an incredible legacy that shaped the lives of many who were blessed to have crossed his path and committed much of his life to helping businessmen and women grow their businesses into flourishing and prospering endeavors.

Show Summary

Greg has been getting a lot of traction with their clients helping them with the concept of "hiring to replace yourself." He was semi-retired at age 38 from his dental practice and made more money working part-time than full-time. And he replaced himself throughout his various business ventures. He thinks that it is a significant point to make. He now says that "I specialize in replacing myself." In this episode, Greg shares how he could do that multiple times in different industries by doing the following stated below.

• I must have the total intention of replacing myself and not just be paying lip service.  
• I must know the process inside and out, then create a system that the average employee can use.  
• Create gradient steps of training going from the easiest things to do to the most difficult. Graduate them to the following levels of competence with a raise in pay and responsibility.
• Find a candidate interested in the functions of that position, train them on the basics, and supervise them into competence.
• Be willing for them to do it incorrectly while learning how to do it correctly.

Website:

www.adventuretoprofit.com

Show Summary

In this episode, Andy Cagnetta talks about how to prepare a business for sale. Keeping decent books and records and not reducing mysterious inventory levels to save taxes or hiding cash sales will make a business easy to sell for the value that the seller is looking to get.

He also shares the best way to get more money for your business by creating competition for the deal. We want as many good buyers as we can get. If your business is exposed to the marketplace with the right buyers, they will pay the price.

How has the COVID-19 pandemic affected the market space? Is this the right time to sell your business? How should buyers go about acquiring a company? Andy answers all these questions in this episode...listen in now!

Website:

www.tworld.com

Show Summary

Perry Jeffries shares in this episode how he has been able to grow his book of business leveraging the Profit First methodology (Financial Planning using Profit First). He believes that the Profit First Methodology is an absolute necessity for minority businesses.

Perry is not an accounting professional. He is an Investment Advisor (Series 66, Life Insurance and Annuities, and CRPC and CPFA Designation). He shares why a Financial Advisor became a Profit First Professional.

Website:

www.perryjeffries.com

Show Summary

"Always look forward. The reason why a windshield in a car is as big as it is and the rearview mirror is so small is because of the imminent danger in front of us. We don't know what's behind us, but we have to focus on what's in front of us."

In this episode, Ben Golden defines Tax Resolution and why it is needed in some situations.

He also answers the following questions:

• What do we do when the IRS sends threatening letters?
• Can the IRS take our passport if we owe them money?
• What do we do if we owe the IRS but can't afford to pay them?
• Can the IRS seize assets (cars, homes, retirement accounts)?

Website:

https://irstroublesolvers.com/

https://goldentaxrelief.com/

Show Summary

In this episode, Ciara Stockeland shares her entrepreneurial journey - from selling rocks in the front yard to selling a business.

To compete, you have to have something that sets you apart. Ciara's piece of advice is to think creatively. Sell what you're good at or what your skills are and it will generate additional revenue. Sell a solution to a problem.

She also talks about her top Profit First tip: Set up an inventory account. Inventory is the lifeblood of product-based businesses.

Website:

www.theboutiqueworkshop.com

Instagram:

@cstockeland

Corporate Partner:

SweetProcess -  Document processes, procedures, and tasks in one place so you can stay focused on growing your business. - visit https://www.sweetprocess.com/.