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
The Runway Decade Podcast
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
The Runway Decade Podcast
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!
The Runway Decade Podcast
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
The Runway Decade Podcast
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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Year-End Mindset
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
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!
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
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?
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...
info_outlineIn today's episode of the "The Runway Decade Podcast," hosts Bill Bush and Pete Bush, advisors at Horizon Financial Group talk to Dr. Mike Davis; who is with CVT Surgical Center in Baton Rouge. He is a vascular surgeon. Dr. Davis talks about his craft, how he got into medicine, as well as his life in his 50s.
Episode Highlights
· 02:44: Mike talks about his childhood and from where he completed his education. He shares how he completed his general surgery and vascular training.
· 03:42: Mike reveals what happened that motivated him to gravitate towards the medical world.
· 05:39: Mike shares how is it being growing up a Bama fan, but now living in Baton Rouge
· 06:04: Back then if you got a magnifying glass down in one corner way down below somewhere, you would find the SEC scores, but absolutely nothing is written about it.
· 08:31: Pete has heard a lot of stories because people in the age group of 50 have started to have grandkids and they have a some of them name it and that's what sticks.
· 09:57: Dr. Mike is a classically trained vascular surgeon specializes in the treatment of peripheral vascular Disease…he’s Board certified.
· 10:52: The patient population shifted a little bit is what we refer to as either critical anesthesia or limb salvage.
· 11:03: There is a very large population of diabetics in town. That circulation drops to a point where it can become dangerous, and so Dr. Mike says that they have really embraced that and have treatments they are very proud of. What they do as far as saving rooms and preventing amputations, and it's been very successful.
· 13:27: Some people can die from some certain unexplained and not get an autopsy, and it just be written off as a heart attack.
· 14:54: Because of the complexity, medical management, wound care, imaging, all of this stuff is electrical to provide the kind of the whole care package for someone who may have or does have vascular disease.
· 16:17: Mike says that they feel that they do so much imaging and there are so much decision making made on the basis of those images that it has to be good.
· 17:41: Mike talks about his training and how they were trained with many different staff guys. There were times, particularly at night, when they would be in a situation to go do something as long as it was relatively minor, and the staff guy was comfortable that they could do it.
· 20:56: Bill shares how at a certain age he wasn't really thinking about retirement, but what he was trying to envision what if something happened to him.
· 22:22: As per Mike being on call is kind of getting a little old as he aged, but he really loves what he does, and he could foresee himself doing it for a long time as a God willing.
Three Key Points
1. Mike shares how they manage a lot of things medically. How they have embraced technology. What used to require open surgery and incisions is now done with the needle and a catheter.
2. Mike shares some of the things that somebody should be on the lookout for early detection.
3. There are multiple risk factors that are out there that place you at risk for vascular disease essentially the same as what places you for coronary disease. It's the same disease but affects different vascular beds.
Tweetable Quotes
· "I was about 8 years old when I decided I was going to be a doctor." - Mike
· "In Minnesota, when we are there, if you wanted the sports scores from the SEC. You were kind of out of luck, but you could get the local paper or the Minneapolis paper." – Mike
· "When we finally got to Baton Rouge, we were so excited to be back in to where we could watch SEC Sports." - Mike
· "In our practice we have 5 board certified, specially trained vascular docs." – Mike
· "I did five years of general surgery training, became a board-certified general surgeon before I could go on to my vascular training." - Mike
Resources Mentioned