#130 - Implementing a Financial System to Navigating Tax Challenges for Fitness Coaches w/ Tell Fisher Money Tips and Business Advice for Online Coaches and Entrepreneurs: Dollars and Dumbbells

In this episode, I have a conversation with Tell Fisher, a CFO client who, along with his wife Alli, runs a business coaching service for online health and fitness coaches. We discuss their journey of overcoming tax issues by setting up a financial system for their business, highlighting the importance of preparing for tax bills and managing business finances to avoid stress and achieve freedom and wealth. Through their story, this episode offers insights and advice on handling finances, the impact of financial stress on business and personal life, and the steps to achieving financial freedom and wealth by aligning business models with personal values and goals.

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04:19 Navigating Tax Challenges and Solutions

10:06 Financial System for Taxes

12:24 Financial Stress

17:29 Embracing Financial Planning in Business

17:48 Discovering Business Insights Through Financial Discipline

18:21 The Importance of Tax Planning and Investment in Self

19:35 Navigating Business Growth and Financial Stress

20:43 Personal Reflections on Financial Stability and Business Strategy

27:46 Exploring Wealth, Freedom, and the Ideal Business Model