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Risk is a huge part of entrepreneurship. But it’s more than a numbers game—it's about identifying where your finances stray from your core values and life goals. As we come closer to the end of the financial planning stage of the Whole Wealth Journey, we dive deeply into the realm of risk management and the unique risks facing entrepreneurs.

Join us as we share insights gained from a lifetime of entrepreneurship - plus three decades of helping other successful entrepreneurs discover what’s next. Whether navigating the emotional complexities of business exit planning or optimizing tax strategies for lifetime income and legacy planning, our discussion emphasizes the importance of taking all the time you need for planning your whole wealth journey.

Matthew will introduce you to a 79-year-old entrepreneur who’s discovering what’s next after becoming the best in the world at his craft, a career of selflessly helping others. How does he begin to explore Life 3.0, and will he allow Matthew the opportunity to help?

Jim will offer us some insight on the power and purpose of an Employee Stock Ownership Plan (ESOP) as a potential risk gamechanger for business owners. We revisit a pivotal conversation with Jim’s old friend, Tommy, a very forward-thinking entrepreneur who leveraged an ESOP to not only secure critical hires, but also gain a competitive edge that completely separated his business from the competition.

Through personal stories infused with vulnerability and hints of sarcasm, you’ll hear firsthand how we guide entrepreneurs through the world of wealth management - how they think about money, how they create it, use it, invest it, risk it, improve their relationship with it, so ultimately … they can be free of it.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

Imagine a tool that can pinpoint the very essence of what drives your decisions—from the significant financial ones to the seemingly trivial daily choices. Our latest episode introduces the Clarity Compass, an innovative approach that starts with a simple card game to help uncover and prioritize your core values. This journey is about more than just identifying what matters; it's about transforming those values into a guiding force that leads to enhanced personal joy and fulfillment. We also confront common hurdles like the hesitance to invest in oneself and reveal how aligning financial decisions with personal values can be profoundly empowering.

For entrepreneurs grappling with the work-play balance, we explore how defining play can transform both personal and professional relationships. Whether it's seeking adventure or finding peace, understanding what play means to you—and your partners—can strengthen bonds and lead to healthier dynamics. Through engaging stories, like Jim's trip to Ireland or the journey of our client Dorothy, we underscore the power of supporting each other's values and embracing the uniqueness that each person brings to a relationship.

Moreover, we unveil the art of crafting a financial plan that resonates with your core values. Dorothy's inspiring tale of newfound independence and enriched family connections shines a light on the potential of aligning financial resources with personal aspirations. Join us as we equip you with strategies to translate your personal aspirations into a life of intention and fulfillment through the process we call, "The Clarity Compass."

Chapter Summaries:

(00:00) Discovering Your Core Values
The Clarity Compass helps identify core values, align financial resources, and make intentional decisions for personal fulfillment.

(08:44) Understanding Play and Individual Values
Play is important for entrepreneurs to define individually, support in partnerships, and embrace unique contributions.

(15:59) Creating a Life-Altering Financial Plan
An elderly woman's transformative journey through health, freedom, family, and relationships with the help of technology and financial resources.

(26:58) Blueprinting Financial Goals and Action Steps
Creating a blueprint helps achieve personal and financial goals by translating values into actionable steps.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

In the hustle of entrepreneurship, finding quiet time isn't just a luxury—it's a necessity. This is where one finds clarity about their innermost values and begins to get in motion. Through personal stories and professional insights, Jim and Matthew emphasize the importance of taking intentional breaks, advocating for the rejuvenating power of two-week vacations. Their discussion goes deep into financial core values guiding you down a path to aligning your financial resources with what truly drives your dreams and goals. Join the guys as they reflect on mindfulness techniques to find inner calm, focusing on the techniques to find congruency in life and business so both can be purposeful and rewarding.

Consider this episode a break from the grind, a chance for self-discovery, to rise above life's minutiae, much like accessing the calm of a mountain summit - one of the greatest spots for gaining clarity in life.

If you would like to learn more about the Kolbe assesment, you can find it in this LINK.


Chapter Summaries:
(00:00) Gratitude for New Beginnings and Reflection
Celebrating new family member, self-discovery in relationships, defining personal stories, intentionality, and gaining clarity through reflection.

(11:15) Finding Quiet Time for Success
Entrepreneurs need quiet time and extended vacations to disconnect from work and prioritize well-being and productivity.

(15:11) Discovering Your Financial Core Values
Understanding personal values, visions, and motivations in financial planning, with a focus on finding deeper purpose beyond wealth accumulation.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

Ever wonder how a simple vacation can morph into a powerful metaphor for financial success? This episode begins with the anticipation of a serene vacation on the California coast, challenging us to depart from our daily grind as “human-doings” to embrace the essence of what we truly are: human beings. From there, we are reminded of the importance of lifelong learning and growth for the benefit of helping others. Hear all about Jim’s journey back into the classroom, this time to become an expert in exit planning for the entrepreneurs and business owner clients Gebhardt Group, Inc. serves. Together we discover so many intriguing parallels between business exit strategies and the foundational stages of entrepreneurship, underscoring the vital role of finishing what we start.

Our conversation then takes a practical turn, honing in on the nuts and bolts of personal finance and connecting the dots between business and personal finances. We break down foundational expenses into six core categories, offering a much simpler and clearer path to gaining control over where your money goes each month. By tracking these expenses over time, you can uncover valuable data about how you actually use your money. Learn how to take more control by fostering a proactive approach to personal financial management with 100% detachment from chasing financial perfection.

Bringing it all together, we reflect on a memorable backpacking trip in Yosemite with Matthew’s cousin David, Hell's Kitchen Season Six winner, who through story, teaches us the valuable concept of "shaving ounces." This principle of making small, incremental changes can be applied to so many areas of our wealth and our lives – learn here how to apply it to the parts of life that matter most. Ultimately, we come full circle to see how the tools discussed on today’s show help us to show up fully in the present moment, eliminate scarcity, realize the true abundance in our lives, and see all of the Whole Wealth we have been able to create.

If you would like to learn more about your whole wealth journey visit: https://gebhardtgroupinc.com/

(00:00) Gratitude and Profit
Gratitude, learning, and commitment are discussed, including the parallels between business exit planning and entrepreneurship.

(11:12) Financial Assessment and Action Plans
Manage personal finances by categorizing expenses, tracking trends, and preparing for unexpected costs.

(22:46) Small Changes Lead to Financial Success
Nature's lesson in personal finance: small changes, like reducing expenses, can lead to significant savings and can be applied to other areas of life.

(28:26) Creating a Vision for Tomorrow
Reclaim power by being aware of current situation, setting time limit to process past mistakes, and creating vision for prosperous future.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

Ever wondered why authenticity is crucial for entrepreneurial success? This episode, Jim and Matthew take you into the vitality of living a congruent financial life. The guys unravel the importance of managing personal and professional finances with equal discipline, sharing insights on how authenticity fosters peace and gratitude. Learn from their own trials and triumphs how adopting disciplined financial behaviors can pave the way for greater success. They'll also guide you through the critical process of understanding your financial standing, likening it to a fitness routine that celebrates incremental progress over time by looking backward for improvement not at unrealistic horizons. The significance of knowing your net worth and understanding balance sheets can only benefit your business mastery. Decision making becomes much more clear when you know what the real picture looks like, what your profit and loss statements are telling you.

The conversation then begs some work to tackle the tough topics every entrepreneur faces: from making swift decisions in critical situations to mastering the operational aspects of a business. Hear real-life stories about the complexities of balancing craft mastery with business management and the emotional journey of overcoming financial burdens. They'll discuss the often-overlooked necessity of personal and financial preparedness for life after business ownership. How was the business valuation prepared, what does your exit planning look like, if at all? And finally, what about that "burnout" and the significance of pausing to reassess and redirect your energy, ensuring your entrepreneurial spirit remains ignited? Learn to appreciate "The Law of Diminishing Intent" and how progress begins with telling the truth. That's where personal growth really shines.

To learn more about The Whole Wealth Journey, visit https://gebhardtgroupinc.com/
To get the book E-Myth Revisited by Michael Gerber, you can click on the link below: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280/ref=asc_df_0887307280/?tag=hyprod-20&linkCode=df0&hvadid=693671725874&hvpos=&hvnetw=g&hvrand=11518453818217731005&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9032466&hvtargid=pla-361791162205&psc=1&mcid=80e7fd31f3933957a8672d97925724d0

Chapter Summaries:
(00:00) Gratitude for Milestone Birthdays and Clarity
Joyful birthday celebrations, unique cocktails, and personal growth through Strategic Coach program in the Gebhardt family.

(04:25) Living a Congruent Financial Life
Embracing authenticity brings peace and gratitude, financial congruency is important for entrepreneurs, balancing personal and professional finances is challenging.

(10:37) Measuring Progress in Arrears
Understanding our financial status through balance sheets and consistent evaluation, similar to fitness routines.

(21:39) The Entrepreneur's Guide to Business Mastery
Triage in medical and business contexts, separating craft from management, and delegating tasks for business growth.

(30:42) Net Worth Assessment and Progress
Assess personal finances, understand the law

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

How do you recharge your energy—solitary moments of reflection or the buzz of social interactions? Join your hosts, Jim Gebhardt and Matthew Grishman in a fascinating discussion about the intricate dance between introvert and extrovert and how our energy sources shape our lives. They share insights from their own journeys, including the joy of a new friendship with Richie, a younger golf buddy who brings a fresh perspective and vitality into Jim's life. Explore the significance of surrounding ourselves with those who uplift us and the power of solitude in fostering personal growth.

The conversation then transitions to the four cornerstones of financial security and holistic wealth. The guys break down People, Passion, Play, and Prosperity, illustrating how intentional financial decisions can lead to more than just monetary success. From forming meaningful relationships and pursuing passionate endeavors to finding joy in play, the approach to wealth encompasses all aspects of life. For business owners looking to transition out of their enterprises, they'll underscore the necessity of having a well-defined plan for passion and play to ensure a purpose-driven life post-retirement.

Finally, they redefine prosperity beyond financial metrics to include health, future stability, and the quality of relationships. By focusing on personal values and clarity, JIm and Matthew emphasize the importance of investing time and energy into our most significant connections. The "concentric circles" exercise helps prioritize these relationships, aligning efforts with those who matter most.

To learn more about the journey to Whole Wealth, visit www.Gebhardtwholewealth.com

Episode Highlights:
(04:42 - 05:57) Revelation on Introverts vs. Extroverts
(15:54 - 16:42) Money Mindset and Intentionality Clarity
(20:02 - 21:16) The Importance of Having a Playbook
(28:43 - 29:37) Passion in Entrepreneurship
(37:18 - 39:48) Passion for Public Speaking and Fulfillment
(43:04 - 44:25) Exploring Generational Attitudes Towards Play
(48:11 - 48:43) Retirement Dreams and Custom Homes
(53:04 - 54:04) Financial Planning and Client Discovery
(56:53 - 57:49) Understanding Whole Wealth Alignment
Chapter Summaries
(00:00) Gratitude for Energy and Self-Discovery
Introversion vs. extroversion, surrounding ourselves with energizing people, embracing solitude, and reconciling outward behaviors with internal needs.

(14:24) Wealth Building Beyond Financial Security
Intentionality with money, meaningful relationships, passionate pursuits, and a game plan for a fulfilling life.

(22:24) Defining Prosperity Through Passion and People
Prosperity encompasses more than just financial wealth, including health and stability, and is achieved through clarity, values, and prioritizing relationships.

(31:38) Exploring Childhood Dreams and Passion
Childhood dreams shape passions, evolving over time and guiding others towards financial goals, inspiring purpose and passion.

(43:24) Embracing Play for Prosperity
Integrating play into life, balancing work and leisure, planning for life after work, and pursuing passions in retirement.

(57:49) Financial Alignment for Personal Assets
Align personal and business finances with values, build a stable foundation, and treat assets strategically.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

Gratitude is a big part of the Whole Wealth Journey and it’s the staple Jim and Matthew use to kick off each show. But this episode is a bit different. Yes, you'll hear gratitude for a family visit to New York and a bucket-list golf trip to Ireland, but the true purpose of sharing gratitude is revealed … hint … it has nothing to do with money yet everything to do with wealth!

As the conversation continues, Jim can't ignore a recent investment he made in something that left Matthew shocked and (almost) speechless.

Next the fellas dive into the first few elements of The Whole Wealth Journey through the lens of Jim and his wife, Beth, and Matthew and his wife, Amie. The guys reveal what financial security means to them, and what keeps them up at night about money. Their unique perspectives might really surprise you!

Jim’s and Matthew’s unique stories serve as a gateway to a broader discussion on how childhood experiences shape financial habits and money dynamics within personal and professional partnerships.

What does financial security look like for you? What keeps you up at night about money?

To learn more about the Gebhardt Group, visit: https://gebhardtgroupinc.com/

Chapter Summaries
(00:00) Gratitude for Trips and Visits
Gratitude, family, and personal growth are discussed as we share our recent experiences and journeys, including a trip to Ireland and revisiting a ferry after 30 years.

(11:31) Exploring Autonomous Vehicles and Gratitude
Tesla ownership offers economic benefits, minimal maintenance, tax incentives, and potential for autonomous driving, with reflections on gratitude and staying present.

(22:49) Financial Security
Jim and Beth's differing views on financial security as business owners and how it evolves over time.

(36:45) Uncovering Money Histories for Financial Security
Financial security for business owners requires understanding personal relationships with money, influenced by childhood experiences and impacting couples' spending and decision-making.

(46:42) Financial Security Concerns
Understanding financial fears and obstacles can lead to effective solutions for achieving financial security and peace of mind.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.

We would love to hear what you have to say about this episode. Please send us a text.

What if you could redefine wealth to truly enrich your life? Join us, Matthew Grishman and Jim Gebhardt as we embark on a remarkable journey, starting with heartfelt reflections for an upcoming bucket list golf trip to Southern Ireland and a joyous family reunion of sorts in Barcelona, capturing the essence of gratitude and the thrill of planning unforgettable experiences.

This episode uncovers the profound concept of "wealth with a why," highlighting how genuine experiences can far surpass mere financial accumulation. Through personal stories and client anecdotes, we illustrate how wealth becomes a tool for creating transformative adventures and cherished memories with loved ones. Discover the true value of wealth, not just in assets, but in the connections and moments that truly matter.

In a powerful recount, we delve into the entrepreneurial spirit with a remarkable story of a father's courageous leap into starting a business at 56. We explore the fears, challenges, and eventual rewards of pursuing an independent path, and how this journey influenced the founding of Gebhardt Group. From personal values to client relationships, this episode emphasizes the importance of defining success on our own terms and embracing the concept of "whole wealth." Enjoy this inspiring discussion that redefines what it means to be truly wealthy and how we truly believe that our practice is the way to accomplish a whole wealth outcome.
To learn more about the Gebhardt Group, visit: https://gebhardtgroupinc.com/

Episode Highlights
(01:53 - 03:00) Golf Bucket List Trip to Ireland
(10:54 - 12:48) Journey With Branding Agency and Show
(20:17 - 21:20) Unconventional Wealth Perspectives
(22:57 - 24:00) Self-Centered Reflections on Future Plans
(31:00 - 32:01) Financial Planning Frustrations and Epiphany
(35:01 - 36:26) Successful Transition of Client Accounts
(40:59 - 43:25) Rebranding and Redefining Wealth Management
(48:38 - 49:38) Exploring Wealth and Relationships

Chapter Summaries
(00:00) Gratitude and Wealth Creation Trip
Gratitude for virtual podcast format, health improvements, and upcoming bucket list golf trip to Ireland and family reunion in Barcelona.

(09:02) Wealth With a Y
Wealth can be used to create meaningful experiences and connections, rather than solely focusing on financial accumulation.

(21:20) A Father's Entrepreneurial Journey
Father's abrupt resignation led to starting a roofing business in Syracuse, NY, with challenges in harsh winters.

(28:22) Transition to Entrepreneurship
Personal anecdotes and support from family and friends led to the establishment of Gebhardt Group, a fulfilling career built on integrity and genuine client relationships.

(36:27) Family, Entrepreneurship, and Whole Wealth
Father's resignation letter inspires entrepreneurial journey, supported by wife, Gebhardt Group's unique approach to wealth management based on personal values and relationships.

(48:39) Whole Wealth Journey Curriculum
Exploring wealth curriculum, asset classes, relationships with money, people, and ourselves, with vulnerability and resources available on our website.

You can learn more about The Whole Wealth Journey by visiting The Gebhardt Group.