294: James Lenhoff: Transforming Our View of Money and Generosity
Release Date: 11/25/2019
Leaders Of Transformation
How do you scale your effectiveness as a CEO? In this enriching episode, we're joined by founder, Jim Schleckser, a seasoned advisor to CEOs and author of , to delve into the pivotal actions and philosophies driving successful leadership. Jim highlights the importance of focusing on your biggest points of constraint, leveraging effective delegation, and the power of CEO peer groups in propelling business growth. Jim's insights, drawn from extensive experience and research, emphasize the distinction between playing an operational role and truly leading as a CEO. With anecdotes and practical...
info_outline 489: Empowering Executive Assistants for Business Success with Joshua WashingtonLeaders Of Transformation
What kind of impact can the right executive assistant have on your business? In this empowering episode we celebrate Administrative Professionals Month by inviting Joshua Washington, founder of , to dive deep into the world of executive assistants and the transformative power they wield within organizations. With his extensive experience and innovative approaches, Joshua uncovers the often-underestimated potential of administrative professionals and the difference they can make in the performance and culture of a business. Listen as Joshua shares personal stories, including the influence...
info_outline 488: Building a Brighter Future: Goodwill's Innovative Strategies with Lisa RusyniakLeaders Of Transformation
How can transforming lives through education and employment initiatives lead to ending poverty? In this inspiring episode, we're joined by Lisa Rusyniak, President and CEO of Goodwill Industries for the Chesapeake, Inc., who shares their transformative work in ending poverty and helping individuals gain independence through employment. Lisa details the Goodwill Excel Center's impact in Baltimore, an adult education initiative that provides not just a GED, but a real high school diploma, opening doors to post-secondary education and middle-skilled jobs. Dive into Lisa's dedication to...
info_outline 487: Advance Your Career: Unlock the Power of Niche Networking with Reno PerryLeaders Of Transformation
How do you advance your career in today's competitive job market? In this explorative episode, we're joined by Reno Perry, a visionary entrepreneur and the founder of , a game-changing career advancement platform. With his seasoned background at and and his pioneering efforts in creating a list of over 20,000 laid-off employees to connect them with new job opportunities, Reno offers practical insights into the evolution of job networking and recruitment. As the job market tightens and traditional methods falter, Reno discusses scaling recruitment for companies while empowering candidates to...
info_outline 486: The Future of Finance: Mastering AI and the Client Experience with Jason PereiraLeaders Of Transformation
Could embracing AI and specialized knowledge be the game changer for today's financial advisors? In this power-packed episode, we're joined by , a seasoned financial planner and technology advocate who passionately encourages advisors to harness the power of cutting-edge technology and specialized knowledge to stay on top. As we dive into Jason's expertise, we uncover the transformative impact of understanding not merely the financial landscape but also the behavioral sciences that significantly affect client success. Join us as we explore with Jason the importance of embracing technology, the...
info_outline 485: Revolutionary Communities: Fostering Meaningful Connection with Maruxa MurphyLeaders Of Transformation
How can you cultivate a thriving community without sacrificing authenticity for profitability? In this heartfelt episode, we are joined by Maruxa Murphy, an award-winning community experience designer, strategist, and entrepreneur. Known for her work with industry giants such as Facebook, Kajabi, and Netflix, Maruxa is a true visionary when it comes to creating and nurturing online and in-person communities. As we explore Maruxa's "transformed community paradigm," she unpacks the intricate layers of building a community that resonates on a deep and meaningful level. She delves into the power...
info_outline 484: Navigating the AI Revolution in Ad Tech with Stacy WillisLeaders Of Transformation
Could the key to thriving in an AI-driven industry lie in human resilience and rituals? In this insightful episode, we invite Stacy Willis, the versatile COO of Playwire, to dive into the dynamic relationship between technology and leadership in the ad monetization world. Stacy manages to juggle her roles as a military wife, mom, and high-powered businesswoman, attributing her success to a mix of authenticity, adaptability, and daily rituals that keep her grounded and focused. Together with our host Nicole Jansen, we explore the critical importance of strategic human input in an AI-dominated...
info_outline 483: Faith, Law and Leadership: Redefining Success with Brooke BoltzLeaders Of Transformation
How do you transform a high-stress law firm into a culture of balance and shared values? In this refreshing episode, we engage with Brooke Boltz, an accomplished attorney who specializes in injury and insurance law. Brooke candidly shares her journey from working at a firm with a high-demand culture to founding her own firm where she prioritizes work-life balance, employee well-being, and the integration of faith into her business practices. Join us as our host Nicole Jansen and Brooke Boltz discuss how to create a business environment that values not just productivity, but also the...
info_outline 482: The Leadership Paradox: Transforming Chaos Into Purpose with Gary HarpstLeaders Of Transformation
What does it take to navigate chaos and align your team's purpose with transformative growth? In this inspiring episode, we engage in a thought-provoking conversation with Gary Harpst, a seasoned entrepreneur and author who has made his mark by founding three successful businesses. With his latest venture, he takes a deep dive into the relationship between chaos, leadership, and purpose, sharing invaluable insights gleaned from his extensive experience and his faith. Gary's discussion with host Nicole Jansen sheds light on the tangible ways leaders can foster engagement and the...
info_outline 481: Purposeful PR: Raising Awareness for Socially Responsible Companies with Jackie RussellLeaders Of Transformation
Are you looking to amplify the impact of your social enterprise? In this inspiring episode, our host Nicole Jansen engages with Jackie Russell, a PR maven and founder of Teak Media + Communication, whose career journey has been dedicated to amplifying the voices of nonprofits and socially responsible companies. Jackie delves into the stories behind her path-changing conversations, like those with mentor Jerry Greenfield of Ben and Jerry's, and how these interactions shaped her mission. Listen in as Jackie shares her expertise on the significant impact of public relations in the B Corp movement...
info_outlineJames Lenhoff, CFP is president of WealthQuest, a financial planning firm with 1200 clients across the U.S., managing $1 billion in client assets. His mission is simple but bold: to change the conversation about money.
Between major media outlets, industry gurus and even other financial advisors, we are constantly being told that we aren’t smart enough to understand our own finances. They’ve convinced us that no matter how much we might think we know, we’re still missing something and that we should be worried about our future, the markets and how we stack up against our peers.
But money is more than just math. James’ passion is to help clients and financial advisors realize that money is about emotions, dreams and desires. If we can learn to use money as a tool, we can live truly rich lives.
James is the author of Living a RIch Life: The No Regrets Guide to Building and Spending Wealth, as well as the host of The Rich Life Podcast. He is a Certified Financial Planner and Life Coach, a married father of three, and spends much of his free time in ministry at his church, including financial literacy education programs, men’s ministry, and mission work in Haiti.
In his conversation with us, James dispels the myths about financial planning, money and generosity, and explains how to eliminate the fear-based approach to building and protecting your wealth. He describes the 3 common circuit-breakers for abundance and how to keep them turn on, and how the act of generosity is a fun, family affair that brings family members closer together.
We also explore how generosity plays out in business, leading your team, building your corporate culture, and sharing your knowledge with competitors, and how establishing an employee-owned company benefits everyone.
Key Takeaways
- The financial industry has spent 20 years teaching people that money is mathematical. The math is the easy part. It’s the humanness and relationships that we mix in with the math that makes it hard. That’s where we need to focus.
- Most people believe money is complicated and scary. They don’t understand it and don’t have a plan. They don’t know what they want they only know what they don’t want.
- The meaning of life is relationships.
- Every financial planner will tell you to have an emergency fund because what if things go wrong? The problem is that we don’t have a good answer to the other question – what if things go well? For most people the answer to that question is to spend more money on ourselves.
- Define your lifestyle cap where you are content and have what you want, and then deposit anything beyond what you need for that into an abundance fund. It will keep your abundance circuit breakers on.
- Generosity is not only about charity and tax deductions. It’s life on life impact.
- A little bit of perspective goes a long way.
- Generosity is deciding what your family is passionate about and doing something about it, beyond just writing a check – which often doesn’t fix the problem anyway.
- Generosity is far more risker than charity. You may try to help someone and it doesn’t work out. But that’s what makes it more beautiful when you engage in it and take that risk. It actually means more to you...and the family you’re helping.
- We need people around us who don’t believe our story (beliefs about ourselves) and will challenge us to create a new story.
- As business owners, when we set healthy boundaries for our employees (around work-life balance) they actually get more work done. They are so much more productive when they are rested and connected with the people they love.
- At Wealthquest, they get more accomplished in 4.5 days – normal, comfortable days, where employees leave at 5pm – than their competition does working longer hours.
- Be generous with your employees and invite them to be involved in generosity with you.
Episode Show Notes: https://leadersoftransformation.com/podcast/business/294-james-lenhoff-transforming-our-view-of-money-and-generosity
Check out our complete library of episodes and other leadership resources here: https://leadersoftransformation.com
________
📣SUBSCRIBE to the Leaders of Transformation Podcast
👇 CONNECT with Nicole Jansen on Social Media
▶︎ YOUTUBE