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The Path to Financial Freedom

Brofessional Development Podcast

Release Date: 07/11/2022

Talking about Startups in St Louis show art Talking about Startups in St Louis

Brofessional Development Podcast

Startups in st louis St Louis is a good place for startups and entrepreneurs for several reasons - the low cost of living and running a business, there are universities, it’s easy to get hold of people in St Louis. Since 2014, VC deals have gone from $2.7m up to $12m last year. Last year’s record high investment statistic is probably thanks to the low interest rate. We expect the number to be lower this year because of the rising interest rates and the companies have been laying off staff to remain profitable. Exits in St Louis haven’t been hugely impressive. From a PR standpoint, it...

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Netflix turns 25, Record Baseball Card Sale, and almost half of LinkedIN Profiles have false information! show art Netflix turns 25, Record Baseball Card Sale, and almost half of LinkedIN Profiles have false information!

Brofessional Development Podcast

Join us this week on the Brofessional Development Podcast as Brad Loyet and Dan Greiner sit down with Nathan Rubbelke from the St. Louis Business Journal. We break down some of the most recent current events going on in the world right now. Netflix believe it or not has turned 25 years old and has over 220 million subscribers!  Who can remember getting their first DVD in the mail from Netflix! A basebal card of Mickey Mantles rookie year in 1952 sells for a record 12.6 million dollars setting a new record beating out a 9.3 million dollar jersey of Diego Maradona! How updated is your...

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Women Entrepreneur Jillian Tedesco on her Business Journey show art Women Entrepreneur Jillian Tedesco on her Business Journey

Brofessional Development Podcast

Join us on the Brofessional Development Podcast this week as we sit down with Jillian Tedesco of FitFlavors! We talk about Jillians journey from losing a business to rebuilding a multi million dollar healthy meal business. With her husband by her side and the support from him and her faith she has taken the St. Louis Area by storm!  From cooking meals out of her personal kitchen in her house to expanding to multiply facilities to keep up with demand FitFlavors is sure to be a staple for years to come! Tune in and learn some of her secrets to success! Follow us on Instagram: ...

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Is it to late to change career paths? show art Is it to late to change career paths?

Brofessional Development Podcast

This week on the Matt Kresko and Brad Loyet dig into if it is ever to late to change career paths.  Advice on how to approach the situation if you find yourself unhappy in your career.  When and how to make that change and chase the happiness that you strive for!  Listen to this weeks episode and find the courage to chase your dreams and start a career you love!

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Apple RTO Deadline, High Income Families Trade Down, and Supersonic Jets! show art Apple RTO Deadline, High Income Families Trade Down, and Supersonic Jets!

Brofessional Development Podcast

Follow us on Instagram:  Facebook:  Twitter: Listen to the Brofessional Development Podcast on:  Our Website: Apple Podcasts: Spotify:   Brofessional Development Podcast is hosted by St. Louis Business Owners Bobby Drummond, Brad Loyet, Dan Greiner, and Matt Kresko!   Our Companies: Brad Loyet  

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Talking about the Flations! GREED/STAG/SHRINK-FLATION show art Talking about the Flations! GREED/STAG/SHRINK-FLATION

Brofessional Development Podcast

Talking about the Flations Greed/stag/shrink-flation Greedflation is, in theory, where companies raise their prices in industries where inflation hasn’t been that significant. This is an opportunity for companies to raise their prices unnoticed because otherwise consumers would get confused at the different rates of inflation. The indicator for greedflation not being a real thing is healthcare prices. These prices typically go up higher than the rate of inflation. In the past year, healthcare prices have been lower than inflation. The reason it’s political is because they’re trying to...

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What would you do if you won the lottery? show art What would you do if you won the lottery?

Brofessional Development Podcast

What we would do if we won the lottery Last week, the Powerball winner got $1.4Billion. If Sal won the Powerball, he would’ve paid his parents’ mortgage off and bought himself a house. The rest of us would buy all the toys and we would get all our closest friends to quit their jobs and work for us. 70% of all lottery winners lose all the money within 5 years. The thing with money is, the more you have, the more you spend. If you’re not making money, you will run out, no matter how much you win. Sports News Some of these NFL suspensions make no sense. Deshaun Watson was suspended for 6...

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Having Confidence and Dealing with Insecurities show art Having Confidence and Dealing with Insecurities

Brofessional Development Podcast

Welcome to episode 104 of the Brofessional Development podcast!   This week, the Brofessionals are getting candid—turning the conversation to insecurities and confidence.   Follow along while Bobby and Sal share some of their favorite quotes on insecurity and confidence, what they believe causes insecurities, and how theirs have landed them in some uncomfortable situations.   “I knew that’s not where my future was supposed to go. But instead, I just stayed stuck in that situation, and just ignored it, hoping that it would go away.”   Then, Bobby and Sal get honest...

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Flash Floods in St. Louis, Choco Tacos, and Saudi Arabia creates Hunger Games in Real Life! show art Flash Floods in St. Louis, Choco Tacos, and Saudi Arabia creates Hunger Games in Real Life!

Brofessional Development Podcast

In the 103rd episode of the Brofessional Development Podcast, Bobby and Sal will talk about some current events such as Sal’s trip to Las Vegas, what and when their next event is going to be, the St. Louis flash flood, choco tacos, and about Saudi Arabia building the next Hunger Games. Stay tuned! About Sal [0:37] Sal is flying to Las Vegas for the first time in his life for his friend’s bachelor party. He is also going to turn 29 on his birthday on Saturday. Las Vegas Trip [1:11] Sal hasn’t really hung out with most of them, so it will be the first time for him. They’re planning to...

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How to make Tough Decisions! show art How to make Tough Decisions!

Brofessional Development Podcast

Often in business and life you are forced with making quick and tough decisions.  Do you rely on your intutition or do you use logic and reasoning to decide your answer? This week we take a deep dive into both avenues!  We talk about the the science behind using your gut and if it is real or just some woo woo thoughts. While making big decisions you often use logic to come to a result, but it is still a big decision that often comes down to using your gut! Take the 20 minutes and learn something with the guys of the Brofessional Development Podcast that will help level you up in life...

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This week we talk about financial freedom and things you can consider to get you to that point where money won’t be an issue and you can perform your lifestyle without having to worry about it. Everyone is working to get to financial freedom and it’s important to understand how you can get there if this is one of your goals in life.

In this episode, we will share some of our quotes on financial literacy, wealth building, and freedom, our definition of financial freedom, how you can meet your financial goals, give our perspective on which is more important when paying debt, the difference between assets and liabilities, and should you invest in cash or capital gains.

 

In this Episode

[0:33] Quotes on Financial Literacy, Wealth Building, and Financial Freedom        

[3:34] Definition of Financial Freedom

[6:20] How to Ensure you’re Meeting your Financial Goals

[14:27] When should you focus on paying debt asap vs. minimum payments

[17:50] Difference between an asset and a liability

[23:36] Should you invest in cash flow or capital gains

 

Notable Quotes

“If you're more knowledgeable on the literacy and how whole financing work, then it will help you understand the value of money and be able to save money.”

“There’s assets and liabilities in everything that you do”

 

Follow us on 

Instagram: www.instagram.com/brofessionaldevelopment

Facebook: www.facebook.com/brofessionaldevelopment

Twitter: www.twitter.com/brofessionald

Listen to the Brofessional podcast on:

Our Website: www.brofessionaldevelopment.com

Apple Podcasts: https://podcasts.apple.com/us/podcast/brofessional-development-podcast/id1525013123

Spotify: https://open.spotify.com/show/18Mm3zIWLUl3vdAj0zBYHj

Brofessional Development Podcast is hosted by St. Louis Business Owners Bobby Drummond, Brad Loyet, Dan Greiner, and Matt Kresko!