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✔️Summary: 
In this interview, Byron shares his journey to founding his company CFOAF, which specializes in tax strategy and fractional CFO services. He explains his entrepreneurial background, driven by his realization that he was not suited to being an employee, leading him to start and run multiple businesses, some of which succeeded while others failed. His motivation to understand accounting and tax strategy emerged from his experiences with banks and the IRS, which influenced his business operations.
Byron's company offers comprehensive CPA services, with a strong focus on tax strategy and fractional CFO roles, aimed at optimizing tax liabilities while demonstrating profitability to banks. He delves into the complexities of tax planning, illustrating with real estate investment strategies that leverage cost segregation studies and real estate professional status to maximize tax benefits while maintaining high profitability on paper.
The discussion also covers the benefits of a fractional CFO service, particularly for growing businesses that cannot yet afford a full-time CFO. Byron emphasizes the strategic advisory role of a CFO, which helps companies navigate growth phases efficiently without prematurely expanding their overhead costs.
Byron also touches on broader industry topics like the impact of emerging technologies such as cryptocurrencies and the metaverse, explaining how they influence the state of the world. He highlights the importance of proactive involvement in shaping tax regulations, especially in rapidly evolving fields like cryptocurrency.
Overall, the interview provides insights into strategic financial management and the advantages of leveraging specialized financial services to support business growth and navigate complex tax landscapes effectively.
⭐️About Byron:
Byron Wolfe is the founder of CFOAF, a consultancy offering fractional CFO services and business strategies with a focus on small businesses generating less than $38 million in annual revenue. He is a certified public accountant (CPA) with expertise in cryptocurrency, NFTs, and metaverse-related tax strategies.
Currently serving as the CFO of Black Tie Moving, a company recognized in the INC 5000 list, Byron brings over 14 years of experience in leading financial reporting, accounting, treasury, and human resources operations. His career has spanned roles as CEO and COO across various industries, primarily focusing on financial management. He has provided consultancy for a range of businesses from startups to mid-cap companies, demonstrating a strong ability to motivate, train, and coach teams.
Byron thrives on tackling new challenges, particularly in developing financial models and strategies aimed at achieving rapid and sustainable business growth.
💜 Where to find Byron:
► Website: https://www.cfoaf.com/
► Linkedin: https://www.linkedin.com/in/byron-a-wolfe-cpa/
► Facebook: https://www.facebook.com/cfoaf
☞ Byron’s Book Recommendation:
► "The ONE Thing” by Gary Keller and Jay Papasan: https://amzn.to/3Q2XmcN
► “Buy Back Your Time” by Dan Marte: https://amzn.to/3TYytjv

✔️Summary:

In this episode, Cary Prejean, CEO of Strategic Business Advisors (fka CFO Consulting LLC), shares his journey from working in accounting to founding his own company. He observed a lack of financial literacy among small business owners, hindering their ability to interpret financial statements and make informed decisions. This insight prompted him to educate and assist small businesses, leading to the creation of his company.

Cary's solution was to develop customizable financial dashboards on Excel, providing real-time actionable data for businesses. These dashboards enable owners to track cash flow, receivables, payables, and other vital metrics, empowering them to manage their businesses effectively.

Additionally, Cary helps owners transition from being hands-on to adopting a strategic, hands-off approach by empowering their teams and clarifying expectations. This transition ultimately frees up owners to focus on strategic vision and revenue generation.

Cary discusses the challenges small business owners face in relinquishing control and implementing effective processes. He emphasizes the importance of trust between employers and employees, highlighting that employees need to feel cared for and valued in order to perform at their best. Cary draws parallels between businesses and military operations, emphasizing the need for consistent processes and training to achieve success.

Through his expertise and tailored solutions, Cary enables small business owners to achieve financial clarity, peace of mind, and improved profitability.

⭐️About Cary:

Cary Prejean, a seasoned Controller and CFO, is dedicated to empowering business owners through the Well-Oiled Machine process. Recognizing the frustrations of stagnant businesses, Cary offers a transformative four-month course to streamline operations and optimize profitability.

By replacing outdated accounting models with practical strategies, Cary equips entrepreneurs with customized procedures and intuitive dashboard reporting systems. This enables owners to efficiently manage their enterprises with minimal time investment, fostering growth and freedom.

Beyond immediate gains, Cary assists in long-term strategic planning to ensure sustained success. By proactively shaping their business trajectory, owners can navigate challenges and seize opportunities.

💜 Where to find Cary:

► Website: strategicbusinessadvisors.org
► Linkedin: https://www.linkedin.com/in/caryprejean/

☞ Cary’s Book Recommendation:

► "The E-Myth Revisited” by Michael E. Gerber: https://amzn.to/4azSfsh
► “The Science of Dream Teams” by Mike Zani: https://amzn.to/4czMZGW
► “Traction” by Gino Wickman: https://amzn.to/4agNvIk
► “How to Be a Great Boss” by Gino Wickman and René Boer: https://amzn.to/4agNvIk

✔️Summary:

I normally do not interview traders but I have to say - Anmol’s track record and his approach to investing are very impressive.

In the beginning of the interview, Anmol Singh discusses his philosophy and approach to trading, emphasizing systematic decision-making based on technical analysis.

Anmol advocates for a balanced approach, incorporating both short-term trading for income and long-term investing for wealth-building. He highlights the importance of aligning trading strategies with individual time commitments, personality types, and capital. Anmol also discusses the differences between fundamental and technical analyses, emphasizing the importance of aligning trading strategies with individual preferences.

Anmol also shares insights into selecting companies to trade, highlighting specific patterns and strategies based on chart analysis. He simplifies fundamental analysis to two key questions: whether a company will be more relevant in the next five years and whether people will continue to use its products or services.

Anmol stresses the importance of continuous learning and personal development, recommending workshops, seminars, and retreats as valuable opportunities for growth.

Regarding partnerships, Anmol advises taking time to get to know potential partners, setting clear boundaries, and ensuring complementary skill sets. He shares his definition of true success as achieving harmony in all aspects of life and being content with one's progress.

⭐️About Anmol:

The stock market is an emotional rollercoaster. The difference between profit and loss comes down to your understanding of how to make logical and fast decisions based on constantly changing data. This is where Anmol Singh comes in. He was born in Delhi, India and grew up as a patient and persistent individual. After completing his high school education, he went to Brunel University London with the strong determination to become something great. He started trading in his dorm and saved enough money to legally start multiple franchises and move to America. At the young age of 22, Anmol Singh was able to establish himself as a successful Trader and has been featured in major media outlets including Business Insider, Forbes, and International Business Times. Today, he and his team at Live Traders show people how to execute trades, review different scenarios, and most importantly, how to control your emotions when high stakes are on the line.

💜 Where to find Anmol:
► Website: www.Livetraders.com
► X: https://twitter.com/DeltaNinety
► Facebook: https://www.facebook.com/anmolsc
► Instagram: https://www.instagram.com/deltaninety/
► Linkedin: https://www.linkedin.com/in/anmolsc/
► Youtube: https://www.youtube.com/@Live.Traders

☞ Anmol’s Book Recommendation:
► "Mindset" by Carol Dweck: https://amzn.to/3wX8T6D
► “The Three Laws of Performance” by Steve Zaffron and Dave Logan: https://amzn.to/495q0Ri
► “Prepping For Success” by Singh Anmol: https://amzn.to/4ae3aI6

✔️Summary:

In this episode, I interviewed Mark Murphy, CEO at Northeast Private Client Group. Mark discusses his career journey in financial planning and wealth management, emphasizing the importance of serving others and creating value. He stresses the significance of focusing on passion, expertise, and serving a purpose.

Mark advocates for a "who not how" approach, prioritizing collaboration and surrounding oneself with smart, honest individuals. He introduces the concept of "paychecks versus play checks," urging for a balance between earning income and investing in assets that provide financial freedom. Mark also encourages continuous learning and getting paid for one's knowledge rather than just their actions.

Mark then discusses three main ways of creating wealth: investing in one's own business, investing in real estate, and financing deals. He contrasts these methods with traditional investment vehicles like stocks and emphasizes the importance of active involvement and leveraging other people's expertise and resources.

Mark also touches on the value of problem-solving mindset and the integration of harmony, health, wealth, purpose, and love in achieving a successful life. He recommends books by Malcolm Gladwell and highlights the importance of feedback and coaching in personal and professional development.

⭐️About Mark:

Mark Murphy is an accomplished CEO, author, speaker, motivator, and podcast host, who is transforming the financial planning and wealth management industry with his innovative and forward-thinking approach. As the Chief Executive Officer of Northeast Private Client Group, a national financial planning and wealth management firm, Mr. Murphy is a highly sought-after key business strategist and critical thinker. He is passionate about empowering entrepreneurs to achieve multigenerational wealth by providing personalized strategies that focus on emotional fitness, wealth accumulation, and a plan that can work under all circumstances.

Mr. Murphy's expertise in strategic planning and financial engineering has benefited a diverse range of clients, including closely held businesses, mid-size companies, celebrities, athletes, hedge fund managers, doctors, dentists, and other high net worth individuals. His unwavering commitment to delivering a "wow" experience has earned him a reputation as a trusted expert in the industry.

💜 Where to find Mark:
► Website: https://markbmurphy.com/
► Facebook: https://www.facebook.com/mark.murphy.58323 / https://www.facebook.com/NortheastPrivateClient/
►Instagram - https://www.instagram.com/mark_b_murphy
►LinkedIn - https://www.linkedin.com/in/mark-b-murphy-813b105 / https://www.linkedin.com/company/northeast-private-client-group

☞ Mark’s Book Recommendation:
► “Outliers” by Malcolm Gladwell: https://amzn.to/3wLI3y7
► “Freakonomics Revised and Expanded Edition” by Steven D. Levitt and Stephen J Dubner: https://amzn.to/3SZW1UD
► “The Ultimate Investment” by Mark B. Murphy: https://amzn.to/3UUb2Km

✔️Summary:

In this episode, I interviewed Miriam Castilla, founder of Magnetic Money®. Miriam starts the discussion with the benefits of yoga in her life, emphasizing how it helps her maintain clarity of mind and deal with stress, which is crucial for her business endeavors. She delves into the concept of wealth mindset versus mere income, highlighting how wealth provides freedom and options in contrast to solely focusing on earning money.

Miriam explains her approach to helping clients build wealth while managing their finances effectively through group coaching programs. She incorporates practices like hypnotherapy to address subconscious blocks that hinder financial success, aiming to empower clients to shift their mindset and behaviors. Miriam also shares her journey into hypnotherapy and the importance of understanding subconscious patterns in achieving personal and financial goals.

Miriam primarily serves women business owners through group coaching rather than one-on-one sessions to maximize her impact and ensure clients have the necessary tools for long-term success. The group sessions for the "Magnetic Money" program are conducted online and consist of pre-recorded modules, live weekly calls, Q&A sessions, and one-on-one coaching with an accountability coach. The program focuses on energetic alignment, mindset, unconscious beliefs, and practical money management. It helps participants overcome money shame by shifting their focus towards abundance and celebrating their current financial situation.

⭐️About Miriam:

With a background in finance, hypnotherapy, and mindset coaching, Miriam Castilla helps people transform their relationship with money, gain money confidence, and achieve their goals.

It's about making money fun and easy - by setting up a money system that only takes 5 minutes a week and changing the way you think and feel about money.

Miriam Castilla is the founder of Magnetic Money® and creator of the Magnetic Money® system, helping women business owners become more magnetic and stop worrying about money.

As an international speaker and bestselling author, Miriam Castilla is also available for corporate training, workshops, and consulting.

Her personal journey has seen her go from broke, single mum to award-winning business owner. Miriam Castilla understands what it feels like to stress about money - even when you have it! And she knows what it takes to transform both your mindset and your finances so you never worry about money again and feel abundant inside and out.

Contact Miriam Castilla via email (miriam@miriamcastilla.com) and find out how she can help you and/or your team transform your finances and your mindset.

💜 Where to find Miriam:

► Website: https://miriamcastilla.com/
► LinkedIn: https://www.linkedin.com/in/miriamcastilla/

☞ Miriam’s Book Recommendation:

► "The (5Min) Magnetic Money Management System" by Miriam Castilla: https://amzn.to/3wmwxsW
► "The Surrender Experiment" by Michael Singer: https://amzn.to/48nTucG
► "The Power of Now" by Eckhart Tolle: https://amzn.to/3SIdOiX

✔️Summary:

In this episode, I interviewed Scott De Long, a Ph.D. in education with a successful entrepreneurial background, who discusses his academic, business and life journey. Initially motivated to prove to his son that returning to school was feasible, he enjoyed the experience and pursued an Executive MBA at UC Berkeley. Later, he joined a leadership program at Chapman University, gaining new insights surrounded by diverse perspectives. Scott completed his doctorate at age 60 while running a telecommunications company.

Scott recounts experiences in various ventures, from a pool cleaning service to a partnership in the payphone business, highlighting his entrepreneurial spirit. Scott discusses the unique stresses of entrepreneurship, such as making payroll and balancing customer and employee needs. He stresses the significance of home support for entrepreneurs, especially during the startup phase.

Reflecting on the pandemic’s impact, Scott notes a shifting perception towards flexibility and work-life balance. The conversation touches on his current role in executive coaching and team-building, emphasizing the value of purpose and fulfillment in work. Scott also shares insights into the companies he typically assists, ranging from 50 to 250 employees, and the challenges faced by CEOs in letting go and fostering effective communication within their teams.

Scott shares insights on developing client relationships through word of mouth, emphasizing his ability to mitigate conflict and find positive outcomes. He discusses learning conflict resolution through personal experiences rather than formal education. Scott introduces the "Circle of Trust," a four-step process (respect, listen to understand, share from experience, deliver on the promise) to build trust faster and deeper.
He highlights the importance of vulnerability, humility, and empathy in leadership, drawing a distinction between seeking power and desiring influence.

⭐️About Scott:

Scott De Long is an author, speaker, educator, and entrepreneur. A lifelong learner with a relentless quest for knowledge, Scott completed an Executive Leadership program at the prestigious Haas School of Business at UC Berkeley at the age of 45. This experience led him to Chapman University where he earned a Master’s Degree in Leadership Development. Recently, he earned his Doctorate, at the age of 60, also from Chapman University, in Education with an emphasis in Leadership Studies from the Donna Ford Attallah College of Educational Studies.

Professionally Scott grew up as an entrepreneur, successfully creating, and then building three previous companies. During this time he recognized that the problems facing entrepreneurial companies experience when they outgrew the ability of the founder to have their hands in everything. His experience in his own companies led to the concepts that eventually became Lead2Goals. Scott has been facilitating retreats for the past nine years for organizations that range from industry associations to business groups, and non-profits to corporations.

Scott’s strengths in leading small group communication allow for him to disarm the greatest of egos, and set up an environment of respect, which in turn leads to the building of trust, and better relationships among team members. His own aspirational goals include greater Humility, Empathy, and Vulnerability.

💜 Where to find Scott:

► Website: https://lead2goals.com
► LinkedIn: https://www.linkedin.com/in/scottdelongphd/
► YouTube: https://www.youtube.com/channel/UCz1_pZvtXMnvV7a2TyT84FQ

☞ Scott’s Book Recommendation:

► “Crucial Conversations” by Joseph Grenny, Kerry Patterson, Ron McMillan, Al Switzler, Emily Gregory: https://amzn.to/3w5YWDG
► “Humble Inquiry” by Edgar H. Schein and Peter A. Schein: https://amzn.to/3ujkWdz
► “I Thought I Was a Leader” by by Scott De Long, Sarah Mirand: https://amzn.to/3SGdPFk