Page 12 - Power 100 Summit Booklet.pptx
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Cash Flow Quadrant Tips
Voices from the Summit: Building Wealth from All Angles
Insurance Business Development (Quadrant B)
Term life is often the most affordable Start small: Solve a problem for one
protection for families, but does not
accumulate cash value person before trying to scale
Whole life is more expensive but accumulates Track your first $1,000 in revenue — what
cash value and is generally permanent worked, what didn't?
Disability insurance protects your income Understand the difference between
stream revenue and profit
Review your auto/home policies annually
Tax Savings Real Estate Investment (Quadrant I)
Track all business expenses, even as a Start by house-hacking: rent a room or
side hustle buy a duplex
Consider opening a SEP IRA or Solo Understand financing options
401(k) if self-employed Know your numbers: Cash flow, Cap Rate,
Hire a CPA who understands small and ROI
business or real estate
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