3 Ways to Teach Your Kid Entrepreneurship (No Lemonade Stand Required)

PT's Note: I have three kids and teaching them to have the confidence to run their own business one day is definitely one of my life's goals. Here's my friend Amanda L. Grossman from MoneyProdigy.com to share some excellent advice for us on this subject... grew up on a dairy farm, in the middle of Amish country. There were cows. There was a heck of a lot of manure. And the work was relentless – small family dairy farms have that special combination of both working … [Read more...]

038: Unemployed to Self-Employed with LaTisha Styles

LaTisha "Tish" Styles is a nationally recognized millennial personal finance expert and digital marketing professional. She is the founder of Young Finances and President of Financial Success Media, LLC. In this episode, LaTisha and I discuss her #1 money tip, her story with money, and her inspiring entrepreneurial journey. So let’s dig in. Let’s meet today’s Master of Money. Listen to the Episode with LaTisha Listen to it on iTunes. Stream by clicking … [Read more...]

027: Retiring in Your 30s with Startup Founder Michael of Financially Alert

Michael retired early in his mid-thirties after successfully starting and running an I.T. services company. He is currently a stay-at-home Dad, blogger, & investor. His mission to help others find financial freedom so they can pursue their passion freely. He blogs at www.financiallyalert.com. I’ve met Michael in person, at FinCon, but the main reason I wanted to have him on the show is that of he publicly shares his net worth...now over $1.8 million! In this … [Read more...]

026: Serial Entrepreneur Erin Chase of $5 Dinners Teaches Us Business and How to Save Money on Groceries

Erin Chase is on a mission to help you spend less money on groceries and has developed the teaching resources and practical tools to help you cut your grocery spending. You can find more about these amazing resources at 5dollardinners.com. In this episode, Erin shares her financial struggles, how she found early success with her money, her amazing tips for saving money shopping for groceries, and the big goals she has for her financial future. I know you’ll enjoy … [Read more...]

019: Taking Calculated Financial Risks with Financial Rock Star Scott Alan Turner

Scott Alan Turner is the host of the Financial Rock Star show. He is a self-proclaimed money moron turned early retiree who now spends his time teaching money management to help you get out of debt, save more money, and retire early. Scott is a good friend, amazing burger chef, FinCon speaker, fellow Texan, and amazing podcaster. In this episode, Scott shares how to tell what type of financial advisor you should use, the one thing his boss told him to do that was … [Read more...]

012: Earning More Money by Committing to the Work with Patrice C. Washington

Enjoying these show notes from the Masters of Money podcast? Be sure to subscribe to the show in iTunes and you'll get notified when each new episode is ready! Who is Patrice C. Washington? Patrice C. Washington has been making money educational yet fun since 2003. She’s a nationally recognized best-selling author of the Real Money Answers financial series, featured columnist, television commentator, transformational speaker, spokesperson, radio host and leading … [Read more...]

010: Why Rejecting a “Normal” Life is Worth It with DailyWorth’s Amanda Steinberg

Enjoying these show notes from the Masters of Money podcast? Be sure to subscribe to the show in iTunes and you'll get notified when each new episode is ready! Who is Amanda Steinberg? Alright, let’s meet today’s Master of Money. Amanda Steinberg launched DailyWorth in 2009 to bring a fresh voice and an outsider’s perspective to personal finance. Oprah selected her to the exclusive SuperSoul 100, and Forbes named her one of twenty-one New Money Masters (how … [Read more...]

008: Taking Risks and Making Extra Money with Kyle Taylor, The Penny Hoarder

Enjoying these show notes from the Masters of Money podcast? Be sure to subscribe to the show in iTunes and you'll get notified when each new episode is ready! Who is The Penny Hoarder? Alright, let’s meet today’s Master of Money. Kyle Taylor is the CEO and founder of The Penny Hoarder, one of the largest personal finance websites with over 14 million readers a month. Kyle is a friend and go-to guy when it comes to ways to make extra money. Not only does his site … [Read more...]

20 Unique Business Ideas (That You Can Start Today!)

Small businesses are the backbone of America’s economy, no question about it. The numbers speak for themselves: 29 million = Number of small businesses in the US. 500 million = Number of patents filed annually in the US. 50% = Half of the private sector is employed by small businesses. All it takes is one unique business idea and you could be there too. But coming up with an idea is the very thing that keeps a lot of people from moving forward at all. The best business … [Read more...]

Should You Go to College or Start a Business?

It’s been almost four years since former PayPal Chairman and CEO Peter Thiel started the 20 Under 20 program—the controversial initiative that paid 20 college students up to $100,000 to drop out of school. Basically, Thiel’s initiative hoped to show that the best path to success is not necessarily through education (and its attendant debt burden), but through entrepreneurship and innovation. While none of the young entrepreneurs that Thiel sponsored back in 2010 … [Read more...]

Time Management for Part-Time Entrepreneurs

Part-time entrepreneurs have the best and worst of both worlds. While they face less financial risk by keeping their full-time jobs while growing their business, they run up against the problem of time management. How do you find the time to grow your business when so much of your time is already spoken for? The secret to managing your time is all about using the time you have in the wisest possible way. Here are four tips for doing just that: 1. Know where … [Read more...]

Start a Business with a Friend (Blueprint Proposals) PTM 036

Erin Mavian and Kym Pitlor, two friends with entrepreneurial minds, saw a need in the wedding planning market. It wasn't in the planning of the wedding itself, but in the actual proposal. Guys needed help creating a memorable event and making it happen, and Mavian and Pitlor had the skills to help them. So a year ago, they began a part-time business called Blueprint Proposals, a boutique service designed to help their clients propose well. Erin and Kym were able to … [Read more...]