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We're Our Own Guests-Pt. 1

The Runway Decade Podcast

Release Date: 04/18/2023

Mastering Exit Planning For Business Owners show art Mastering Exit Planning For Business Owners

The Runway Decade Podcast

In this episode of The Runway Decade Podcast, Bill and Pete Bush dive into the vital subject of exit planning for business owners, particularly those in their fifties. Pete shares insights from earning his Certified Exit Planning Advisor (CEPA) designation and outlines how business owners can start planning for a successful exit—years in advance. They walk through the three-legged stool of readiness, the impact of intangible capital, the structure of a successful exit team, and the value acceleration methodology that helps business owners be always ready, not just at retirement. Whether...

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Navigating Financial Wisdom: Quotes for Success show art Navigating Financial Wisdom: Quotes for Success

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collection of quotes—from their book and beyond—that offer meaningful lessons about personal responsibility, discipline, investing, and long-term planning. Each quote sparks discussion on how these timeless insights apply to real financial life, especially for those in their 50s preparing for retirement. From Yogi Berra to Warren Buffett, the conversation is packed with wisdom and motivation to take action and shape your future today. ⏱ Time-Stamped Show Notes & Chapters: 00:00 – Preflight Announcement & Intro to the Theme The brothers set the tone with a fun “tray...

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Preparing for Risks in Retirement show art Preparing for Risks in Retirement

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In this episode, Bill and Pete Bush take a deep dive into the various risks associated with retirement. Drawing from their ongoing studies for the RICP (Retirement Income Certified Professional) designation, they unpack key categories of risk that can derail even the most well-thought-out retirement plans. From longevity and health concerns to market volatility and public policy shifts, they emphasize the need for proactive planning, emergency buffers, and a realistic outlook. This is not about fear—it’s about readiness. ⏱️ Episode Timestamps & Topics: 00:00 – Intro:...

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Play Ball! show art Play Ball!

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In this episode of The Runway Decade Podcast, Bill and Pete discuss the intersection of baseball and financial planning. They explore how teamwork, coaching, and early financial education shape success, drawing insightful parallels between the sport they love and the business they live in day-to-day. From the importance of visualization and mindset to the timeless principles that stand the test of time, this episode is packed with valuable takeaways for both baseball enthusiasts and financial planners alike. Key Topics: 00:01 – Introduction Bill and Pete kick off the episode with the...

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New Year, New Focus show art New Year, New Focus

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Episode Highlights with Timestamps [00:00] Introduction: Cleared for Takeoff The episode begins with a friendly welcome from Bill and Pete Bush. Reflecting on the transition into 2025: New beginnings, fresh plans, and the excitement (and challenges) of the New Year. [02:00] Why New Year's Resolutions Fail Pete discusses Steven Pressfield’s The War of Art and the concept of “Resistance,” the internal force that challenges personal growth and improvement. How to recognize and overcome resistance to stay committed to your goals. [04:00] Start the Year with a Financial Check-In Bill...

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The Runway Decade Podcast

In this episode of The Runway Decade Podcast, Bill Bush and Brother Pete focus on the importance of adopting the right mindset as the year ends. They emphasize actionable steps for financial planning, highlight key year-end deadlines, and discuss how proactive health and financial practices overlap. Reflecting on their personal experiences and the importance of gratitude, they guide listeners on how to approach 2025 with clarity and intention. Key Discussion Points 00:00 – Introduction to the Runway Decade Podcast Bill kicks off the episode with a signature aviation-themed welcome....

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The Road Diverges show art The Road Diverges

The Runway Decade Podcast

Introduction Hosts Bill and Pete Bush dive into a thought-provoking discussion about a pivotal moment in every financial journey where "the road diverges." This episode explores the crucial choice people face when determining their financial future—one path leading to confidence, success, and security, while the other leads to regret and missed opportunities. Bill and Pete share insights on why some struggle to choose the more secure path and how to build momentum toward financial confidence.   Episode Highlights ·         [00:22] The Diverging...

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Taking Action! show art Taking Action!

The Runway Decade Podcast

In this episode of The Runway Decade, Bill and Pete dive into the crucial topic of taking action in financial planning. They emphasize the importance of creating an actionable checklist and how an accountability partner can help keep you on track. The discussion highlights the psychological concept of visualizing your future self and its impact on your current financial decisions. Throughout the episode, Bill and Pete stress that planning without implementation is meaningless and that financial progress comes from adapting your plans to life's changing circumstances. They encourage listeners...

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Ways To Get There show art Ways To Get There

The Runway Decade Podcast

Summary: In this episode of The Runway Decade Podcast, Bill and Pete Bush of Horizon Financial Group and authors of the book The Runway Decade,  discuss the various strategies and financial vehicles available to help you achieve your retirement goals. They dive into the importance of planning for a potentially lengthy retirement, managing risk versus volatility, and the significance of having the right tools to ensure financial success. Key Topics Discussed: [00:00] Planning for Retirement: Funding Your Desired Lifestyle Understanding where you are now and where you want to go. The...

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What's Working? What's Not? show art What's Working? What's Not?

The Runway Decade Podcast

In this episode of the Runway Decade Podcast, hosts Bill Bush and Brother Pete delve into the intricacies of managing finances as you approach the later stages of your career, emphasizing the common financial planning mistakes and how to correct them. Through engaging discussions and a client story, they explore the importance of auditing your financial health, the role of a financial advisor, and practical strategies for maximizing retirement savings and investment performance.   Episode Highlights   ·         00:00:02 - The episode...

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More Episodes

In today's episode of the "The Runway Decade Podcast," hosts Bill Bush and Pete Bush, advisors at Horizon Financial Group, are going to talk to each other.  For this episode, Bill and Pete thought it would be great for them to tell more of their story.

 

Episode Highlights

·         02:56: Pete was five years when then moved across the river, down across the Ohio River, down on the Indiana side, into a little farm town called Elizabeth IN.

·         03:35: It was a 40 acre farm, Pete and his family were living on, and it was kind of nestled up on a hill.

·         04:49 Pete says that they were five boys and a girl, so there was always a sporting event going on of some kind around their home.

·         05:49: The town we lived in was Elizabeth, Indiana, although they were not living in town, and it was a four-way stop at the grade school up the hill.

·         06:25: It was such a devastating blow to the economy when the Bush family moved to Louisiana because it was like 8% of the economy left, says Bill (haha!).

·         07:25: Growing tobacco, growing a lot of corn growing crops in general takes a lot of discipline and time and work.

·         08:46: Pete and Bill were into baseball and they loved playing the game.

·         09:45: It wasn't very profitable to be a small-time farmer. You have crops that used to be able to turn a profit on when that was very expensive to plant, grow, harvest and then livestock same way right, meaning the market turned against some of the stuff that Dad was doing at the time to make ancillary money.

·         11:52: Bill and Pete talk about their high school and how they shifted school.

·         12:28: Bill and Pete talk about their childhood and growing up in the country side.

·         14:28: Pete shares how he played baseball and what he learned from it.

·         16:03: Bill talks about a time when they were stuck in a snowstorm and how they were airlifted.

·         19:10: Bill and Pete talk about their college experience and how they met some wonderful people.

·         20:39: Bill made a 13-year career as a broadcaster, working in Lafayette and Alexandria, LA and doing shows for Northwestern St .(LA) in Natchitoches..

 

 

Three Key Points

1.    Bill and Pete talk about their family history and where they come from.

2.    Bill shares his experience of moving homes and the weird thing that happened when they shifted to Baton Rouge

3.    Bill talks about an experience when he appeared on the news.

 

 

Tweetable Quotes

·         "If you have six kids and six years because you know you got to get some sleep and there may or may not be the ability to control the noise level when you're a kid, especially a bunch of us running around at one time." – Pete

·         "The population was a very rural community farming community, and the population was very small, but it wasn't more than 100 or 200 people." - Pete

·         "Good blue-collar guys just loved to play, and they actually love to play together, and a lot of that carried over even in college." - Pete

 

 

 

Resources Mentioned

·         runwaydecade.com