In Conversation - Zach Oehlman Top Five Tips For Mastering Finance and Building Wealth
Manage episode 427753562 series 2814247
“If you don't understand it, don't do it. Because there is no such thing as get rich quick. I've tried, been down all those roads... Just be wise, and know the area that you're stepping into before you start.”
Zach Oehlman Top Five Tips For Mastering Finance and Building Wealth
1. Understanding Financial Statements
2. Effective Budgeting and Cash Flow Management
3. Strategic Tax Planning
4. Smart Debt Management
5. Building and Diversifying Investment Portfolios
TIME STAMP SUMMARY
02:25 A lot of business owners do not understand financial statements
06:25 The importance of proper budgeting
13:00 The effects of leverage
18:15 The importance of interpreting financial statements
Where to find Zach?
Website https://learnandgrowrich.net/
LinkedIn https://www.linkedin.com/in/zachoehlman
Bio Zach Oehlman
Born amidst the sprawling fields of Indiana, Zach Oehlman grew up with the earth beneath his feet and a sky-sized canvas of ambitions. From these humble beginnings on a farm, Zach harbored dreams of traversing the globe, uplifting lives, and achieving prosperity through the power of business.
With a keen eye for value and a talent for seeing potential where others saw none, Zach excelled as a valuation consultant, where his expertise spanned from assessing public companies to the intricate valuation of illiquid, non-marketable assets. His unique skill set became the cornerstone of a thriving real estate investing community and a business ecosystem dedicated to the lifecycle of entrepreneurship: starting, scaling, and selling ventures, then reinvesting the gains into real estate to create lasting wealth.
Over the past four years, Zach’s quest for knowledge and impact has taken him to over 24 countries, not just as a traveller but as a global citizen fostering organizations that empower individuals in various facets of life. He stands by the conviction that business acumen is a catalyst for joy and prosperity worldwide. By teaching the art of commerce and financial literacy, Zach believes we can ignite a global transformation, equipping people with the means to sustain themselves.
An aficionado of human behaviour, personal development, and theoretical concepts, Zach delights in weaving these elements into the fabric of business success. His insights are not merely academic; they are life lessons gleaned from a journey that began on an Indiana farm and has since embraced the world.
Zach spends his time riding his motorcycles around the world while he and his wife run their businesses online. He has plans of creating private resorts around the world that incorporate permaculture, business, and natural healing remedies to help people overcome health challenges and live an empowered life.
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