Build Your Money Machine with Mel Abraham

Join us on The Candy Valentino Show with author and CPA, Mel Abraham as we dive into investing strategies, the common tax mistakes people make, and the importance of business structure for entrepreneurs. Candy and Mel share invaluable financial lessons, the types of insurance entrepreneurs need, and how to avoid the most common pitfalls of partnerships.  Learn the importance of investment rules, the power of diversification, and how to manage risk and avoid money mistakes. Mel breaks down his Wealth Priority Ladder, how to invest in real estate without being a landlord, and how to value and prepare a business for sale. Don’t forget to subscribe for more valuable content, and leave a review! Chapters: 00:00 - Introduction 03:01 - Advice for Sole Proprietors 05:15 - Importance of Insurance 08:00 - Partnership Pitfalls 12:13 - Starting Over 14:36 - Rising from the Ashes 20:53 - Investment Rules 25:12 - The Stack of Lack 28:55 - Building the Money Machine 29:04 - The Wealth Priority Ladder 30:15 - Investing in Real Estate 31:11 - Investment Priorities 32:40 - Portfolio Diversification 34:06 - Valuing a Company 35:41 - Preparing Your Company for Sale 37:10 - Maximizing Value and Minimizing Taxes 38:11 - The Importance of Economic Value 38:56 - People, Processes, Profits, and Proprietary 39:17 - Who is the Book For? 42:00 - The Meaning of Wealth 44:05 - Where to Find the Book PRE-ORDER MY LATEST BOOK:  Order ‘The 9% EDGE’ and Receive $1500 in BONUSES!  Go To:  www.9percentedge.com Thank you to our sponsors: 💰Advantage Gold: https://bit.ly/ADVANTAGEGOLDCANDYVALENTINO 🚀Trainual: https://bit.ly/TrainualCandyValentino For Fractional CFO Services: www.candyvalentino.com/advisory Connect with us on social media to stay updated on upcoming episodes and exclusive content! Subscribe To The Podcast Here: Apple Podcasts http://apple.co/candyvalentino Spotify https://bit.ly/candyvalentino YouTube  www.youtube.com/candyvalentino Connect With Me: Facebook:/ https://www.facebook.com/candyvalentinoofficial/ Instagram: / https://www.instagram.com/candyvalentino/ LinkedIn:  /https://www.linkedin.com/in/candyvalentino/ Twitter: /https://x.com/candydvalentino TikTok: /https://www.tiktok.com/candyvalentino/ YouTube: / https://www.youtube.com/candyvalentino For further business training opportunities visit Founders Organization: https://foundersorganization.com/event/ Learn more about your ad choices. Visit podcastchoices.com/adchoices