Unlocking Your Genius, with Paul Davis
DecaMillionaire Decoded
In this episode of Deca Millionaire Decoded, host Justin Goodbread sits down with Paul Davis, a seasoned turnaround advisor from Ireland. Together, they explore the journey of scaling a business beyond the $10 million mark, sharing invaluable insights and strategies that can help business owners achieve real growth and financial freedom. Paul discusses the importance of purpose over profit, the significance of mindset shifts, and the necessity of planning for an eventual exit strategy. Tune in for practical advice and inspiring stories that will motivate you to elevate your business to new...
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DecaMillionaire Decoded
DecaMillionaire Decoded
In this inaugural episode of Deca Millionaire Decoded, host Justin Goodbread sets the stage for a transformative journey towards achieving a net worth of over $10 million. He shares his insights on the realities of success, emphasizing that true financial freedom is not just about accumulating wealth, but about building a scalable business that works for you. Justin introduces the concept of a Deca Millionaire and outlines the critical framework necessary for achieving this status, including relentless foundation, examination, execution, exit, and freedom. Join us as we decode the path to...
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The Closing of The Justin Goodbread Show: What's Next?
DecaMillionaire Decoded
In this episode, Justin shares a pivotal moment in his journey as a business owner and podcaster. Discover how he has shifted his focus to better serve driven entrepreneurs who are ready to break through their ceilings and achieve greater freedom and efficiency. With a new direction for the show, Justin emphasizes the importance of authenticity, clarity, and the right mindset for scaling and exiting businesses on your terms. Join him as he unveils what’s next for the podcast and how it will empower you to dominate your industry! Learn more about The Value Growth Academy:...
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Faith, Focus, and the Fight for Your Vision
DecaMillionaire Decoded
In this powerful episode, Justin confronts the challenges that come with pursuing a God-ordained vision. He explores the enemy's tactics that aim to derail our purpose and shares personal insights on how to maintain focus amidst distractions and doubt. Drawing from scripture and his journey, Justin emphasizes the importance of clarity in vision, the power of faith, and the necessity of surrounding ourselves with supportive individuals. Learn more about The Value Growth Academy: https://thevaluegrowthacademy.com/learn-more
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The Silent Threat Keeping Business Owners Overworked & Underpaid
DecaMillionaire Decoded
In this episode, Justin tackles the pressing issues that business owners face when their companies become overly dependent on them. He discusses the difference between mediocrity and mastery, emphasizing the importance of building systems that allow businesses to scale without the owner's constant involvement. Learn more about The Value Growth Academy: https://thevaluegrowthacademy.com/learn-more
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Why You Should Consult with a Legal Advisor, with Kelly Sturmthal, Esq
DecaMillionaire Decoded
Justin explores the intricate world of financial planning and legacy building with attorney Kelly Sturmthal. Discover the importance of knowing your numbers, the value of collaboration between financial planners and attorneys, and how to prepare your business for future transitions. Kelly shares her insights on the emotional journey of business owners and the vital conversations that can lead to successful estate planning. Learn more about The Value Growth Academy:
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7 Secrets on How To Break Through the Glass Ceiling of Your Business and Become a Decamillionaire
DecaMillionaire Decoded
In this episode, Justin tackles the often-overlooked concept of learned helplessness and its impact on business owners. Justin shares insights on how past failures can create mental barriers that prevent growth and success. Discover actionable steps to break through these self-imposed limitations and regain control of your business. Learn more about The Value Growth Academy: https://thevaluegrowthacademy.com/learn-more
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The 3 Shifts That Finally Set Business Owners Free
DecaMillionaire Decoded
In this episode, Justin tackles the pressing issue of burnout among business owners. Discover how shifting your faith from working harder to trusting your team can unlock the potential for scaling your business. Justin shares valuable insights on moving from being the chief technician to becoming a true leader, emphasizing the importance of delegation and building a strong, trustworthy team.
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The Decamillionaire Mindset: The Power of Saying 'No'
DecaMillionaire Decoded
In this episode, Justin explores the transformative power of saying 'No' in business. Discover how rejecting the wrong clients, minimizing product offerings, and avoiding distractions can elevate your brand and profitability. Learn more about The Value Growth Academy: https://thevaluegrowthacademy.com/learn-more
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Step Into Your Best Self and Lead with Excellence Today, with Jason Yarusi
DecaMillionaire Decoded
Join Justin Goodbread as he interviews Jason Yarusi, a successful real estate investor and entrepreneur. Jason shares his incredible journey from chaos and confusion to building a thriving real estate portfolio worth over $300 million. He dives into the importance of taking small steps, eliminating negativity, and being receptive to guidance. Discover how Jason transformed his life and business through self-awareness, discipline, and actionable steps.
info_outlineIn episode 385 of Financially Simple, Justin talks to Dr. Grace Yum about selling her dental practices by herself.
Taking the reins and selling your business by yourself can be challenging, and immensely rewarding, especially if you’ve taken the right steps to understand the process and your desired outcomes. In this episode, Justin and Grace discuss the events of her starting, building, and eventually selling her dental practices on her own.
Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!
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TIME INDEX:
00:42 - Selling Your Business Yourself, with Dr. Grace Yum
03:46 - Backstory: Education, Experience, Development
09:30 - Exiting
12:04 - Seeking Guidance
13:38 - Leaving a Legacy
15:57 - Doing it Yourself
19:27 - The Buyer
21:16 - The Process
23:25 - Crossing the Finish Line
25:40 - The Next Step
31:01 - Recommend Reading
31:50 - A Nugget of Wisdom
32:54 - Summary
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USEFUL LINKS:
Selling Your Practice: The Essential Guide to Successfully out of Dentistry, by Dr. David Phelps
Advance Child Tax Credit Payments in 2021
Subscribe to the Financially Simple Newsletter
NEW Book: Your Baby’s Ugly - Maximize the Value of Your Business NOW or You Will Have Nothing to Sell Later
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BIO:
Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute’s Exit Planner Leader of the Year.
DISCLOSURES:
This podcast is distributed for informational purposes only. Statements made in the podcast are not to be construed as personalized investment or financial planning advice, may not be suitable for everyone, and should not be considered a solicitation to engage in any particular investment or planning strategy. Listeners should conduct their own review and exercise judgment or consult with their own professional financial advisor to see how the information contained in this podcast may apply to their own individual circumstances. All investing involves the risk of loss, including the possible loss of principal. Past performance does not guarantee future results and nothing in this podcast should be construed as a guarantee of any specific outcome or profit. All market indices discussed are unmanaged, do not incur management fees, costs and expenses, and cannot be invested into directly. Investment advisory services offered by WealthSource Partners, LLC. Neither WealthSource Partners, LLC nor its representatives provide legal or accounting advice. The content of this podcast represents the views and opinions of Justin Goodbread and/or the podcast’s guests and do not necessarily represent the views and/or opinions of WealthSource Partners, LLC. Statements made in this podcast are subject to change without notice. Neither WealthSource Partners, LLC nor its representatives, the podcast’s hosts, or its guests have an obligation to provide revised statements in the event of changed circumstances.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Advisors who wished to be ranked in Investopedia’s Top 100 Financial Advisors list either self-submitted answers to questions compiled by Investopedia or were nominated by peers. Rankings were determined based on the number of followers and engagement on social media, primary contribution to professional industry websites, and their focus on financial literacy. Neither performance nor client experience, however, were considered. No compensation was paid by WealthSource Partners, LLC or Justin Goodbread to secure placement on Investopedia’s Top 100 Financial Advisors List.
The Exit Planning Institute's Leader of the Year is awarded to a nominee who is a CEPA credential holder who has made a significant impact or contribution to the exit planning profession or overall community through innovation and influence and is viewed by the Exit Planning Institute as a thought leader, risk-taker and specialist while showing characteristics of collaboration.
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