Blog
Why Making Money Isn’t Enough: The Shift to Owner-Investor Wealth Building
by Justin Maxwell | November 5, 2024 | Business Success, General Financial | 0 Comments
Why Business Owners Often Fall Short in Wealth BuildingThe Mindset Shift: From Owner-Operator to Owner-InvestorKey Steps to Building Generational Wealth as an Owner-InvestorMaking the Shift: From Money-Maker to Legacy BuilderConclusion: The Path to Owner-Investor...
Comprehensive Wealth Management: Why Diversifying Your Financial Strategy is Key to Long-Term Success
by Justin Maxwell | October 16, 2024 | Business Success, Exit Ready, Tax | 0 Comments
Understanding the Business Owner QuadrantShifting to the Owner-Investor MindsetThe Power of the Family Office ModelCreating Your Own Family Office EnvironmentIdentifying the Right Tax TeamProactive Tax Planning for WealthDiversifying Income and InsuranceBuilding Your...
Comprehensive Wealth Management and Exit Planning: Lessons from Youth Sports Specialization
by Justin Maxwell | September 10, 2024 | Business Success, Exit Ready, Tax | 0 Comments
The Pitfalls of Specialization in SportsThe Pitfalls of Specialization in FinanceThe Power of Diversification: A Holistic Wealth and Exit Planning TeamApplying the "What the Heck" Principle in FinanceThe Bottom Line: Comprehensive Wealth Management for Long-Term...
Business Growth and Exit Planning: Key Strategies for Success
by Justin Maxwell | September 10, 2024 | Business Success, Exit Ready | 0 Comments
1. Clarity of Vision and Long-Term Goals2. Build Scalable Systems3. Leverage Technology for a Competitive Edge4. Embrace Continuous Improvement5. Start Planning for Your Exit Early6. Avoid Reactive Exits7. Align with a Greater PurposeConclusion: Business Growth and...
Powerful Tips for Mastering Year-Round Tax Planning and Reducing Your Tax Bill
by Justin Maxwell | August 30, 2024 | Tax | 0 Comments
The Importance of Year-Round Tax PlanningIdentifying the True Tax SeasonSteps to Effective Year-Round Tax PlanningAdvanced Tax Reduction StrategiesThe Role of Specialized Tax ProfessionalsOngoing Tax Planning and Follow-UpEvaluating Your Tax TeamBig Life Financial's...
Maximize Your Wealth Potential: Aligning Your Wealth Team for Success
by Justin Maxwell | August 9, 2024 | Business Success, General Financial | 0 Comments
As business owners, we understand the importance of having a cohesive team that works together towards a common goal. But what happens when your wealth team isn’t functioning as a unified whole? Imagine this scenario: you have a group of sprinters at the starting...
How to Assemble a World-Class Family Office Team
by Justin Maxwell | August 6, 2024 | General Financial | 0 Comments
How to Assemble a World-Class Family Office Team At the level of wealth many business owners play at, it's crucial to build a family office style team of professionals. You need a comprehensive team for each area of finance, which we call departments, rather than...
Unlock Explosive Business Growth: Proven Strategies to 10X Your Company’s Value in 5 Years
by Justin Maxwell | July 25, 2024 | Exit Ready | 0 Comments
Introduction Unlock the secrets to explosive business growth and discover how to multiply your company's value tenfold in just five years. If you're a business owner with ambitious growth goals, you're in the right place. In our recent webinar, Big Life Financial’s...
Mastering Digital Marketing in Healthcare: Insights from Billion-Dollar Marketer Dennis Yu
by Justin Maxwell | February 19, 2024 | Business Success | 0 Comments
In the ever-evolving world of digital marketing, where the line between genuine engagement and fleeting gimmicks often blurs, Dennis Yu emerges as a beacon of clarity and wisdom. With an illustrious career shaping the marketing landscapes of giants like Nike, Golden...
Powerful Business Growth Strategies to Unlock Hidden Potential
by Justin Maxwell | November 22, 2024 | Business Success, Exit Ready | 0 Comments
IntroductionThe Lightbulb MomentWhy Most Business Owners Miss These OpportunitiesWhat Blind Spots Might Be Costing YouHow Business Growth Strategies Unlock PotentialWhat’s Possible for You?Conclusion Introduction Your business is running well. Profits are steady,...
Tax Planning Strategy: The Soccer Lesson That Could Save You Thousands
by Justin Maxwell | November 4, 2024 | Tax | 0 Comments
A Lesson from My Son’s Soccer GameAdjusting Speed Throughout the Tax YearAvoid the Cost of Missing OutCreating a Sustainable Tax Planning StrategyConclusion: Adjusting Your Tax Speed for Success Ever see a soccer player sprint the entire game? No chance, right? In...
Borrowing Against Cash Value: How to Leverage Whole Life Insurance for Financial Flexibility
by Justin Maxwell | September 9, 2024 | General Financial, Protection | 0 Comments
Whole life insurance isn’t just for death. As the name suggests, it also has benefits that can last your whole life. One such benefit is borrowing against cash value, a powerful strategy to maximize your policy. More specifically, you can borrow against the equity of...
Mastering Your Business Exit Strategy: A Proactive Approach for Maximum Value
by Justin Maxwell | September 4, 2024 | Exit Ready | 0 Comments
As a business owner, planning for the future is crucial—not just for growth, but for your eventual exit from the business. A well-crafted business exit strategy isn't about abandoning ship but strategically positioning your business and yourself for the best possible...
5 Steps to Master Better Savings Habits and Secure Your Financial Future
by Justin Maxwell | September 3, 2024 | General Financial | 0 Comments
“Saving saves lives,” as the saying goes. And if you want to master better savings habits, you’re in the right place. Building up liquid savings is not just about preparing for the unexpected; it’s also about being ready for opportunities that come your way. A solid...