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    Financial Freedom for Six-Figure Entrepreneurs: Lower Taxes, Build Wealth, Create Your Best Life
    Financial Freedom for Six-Figure Entrepreneurs: Lower Taxes, Build Wealth, Create Your Best Life
    Financial Freedom for Six-Figure Entrepreneurs: Lower Taxes, Build Wealth, Create Your Best Life
    Ebook89 pages1 hour

    Financial Freedom for Six-Figure Entrepreneurs: Lower Taxes, Build Wealth, Create Your Best Life

    By Jennifer Vavricka

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    About this ebook

    Build a life of wealth, freedom, and retirement security with these lessons from a successful entrepreneur and finance expert.

    You are focused, talented, and hardworking—and now you’re reaping the rewards of a six-figure income. Yet it seems that the more money you make, the more you pay. So how can you ever truly get ahead? Wealth expert Jennifer Vavricka has encountered this dilemma countless times, and she has the solutions you’re searching for.

    In Financial Freedom for Six-Figure Entrepreneurs, Vavricka shares a proven system that helps entrepreneurs build wealth, reduce taxes, and plan for retirement while living the lifestyle they desire now. She shows you just how easy it is to:

    • Begin increasing your net worth right now

    • Know exactly the rate your money is growing—with 100% accuracy

    • Choose the right way to reduce your taxes, and why this matters

    • Build wealth that provides real financial freedom

    • Avoid the most common mistakes people make with their money and much more!
    LanguageEnglish
    PublisherOpen Road Integrated Media
    Release dateMay 5, 2020
    ISBN9781642798548
    Financial Freedom for Six-Figure Entrepreneurs: Lower Taxes, Build Wealth, Create Your Best Life

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      Book preview

      Financial Freedom for Six-Figure Entrepreneurs - Jennifer Vavricka

      Chapter 1:

      We Are Different

      You have a goal. You are focused. You got into this business for a reason. You may have decided to start your business from scratch or purchased a business from someone. Maybe you jumped in to take over a business when someone was ready to step down. There are multiple scenarios, numerous variables, but there is one thing that seems to stay consistent: the more money you make, the more money you pay. I can’t tell you how many times I have heard these types of questions:

      •How and when will I start to really get ahead?

      •How can I increase my net worth quicker?

      •How can I easily pay off this debt?

      •How can I build wealth faster?

      •How can I financially plan for my future and still live the lifestyle I want now?

      •How can I find a good return on investment with less risk?

      •How can I keep more of the money I make?

      •How can I improve my cash flow?

      •Where is the best and safest place for me to invest my profits?

      These and many more questions seem to be on the minds of successful entrepreneurs across the country. If only there was a way to do more and create more with less stress and less effort.

      Maybe you are one of the lucky ones. Your business has been all sunshine and roses, no rain or thorns along the way. Maybe you just started this business and hit all of your goals in the first year. For all of you in that position, congratulations! I hope that pattern continues for you and gets even better year after year. This program will help you succeed even more. I will teach you how to put systems in place immediately so you can improve your already awesome bottom line forever.

      Now, I would like to address the rest of you, those of you for whom the long road to success has not been so smooth and sunny. I bet you have been working your tail off year after year, building your business, working through challenges and obstacles. Staying focused and sacrificing while others around you took an easier road. I’ll bet others judge you by saying things like you work too hard, you work too much, or both. You have created much success. You have overcome great obstacles. Now it is time for you to implement a process, a system that allows you to be able to enjoy more of what you have worked so hard to create.

      I have a definition of entrepreneur I remind myself of it often, especially when a challenge seems extra big or a problem is in my face.

      Entrepreneurs: Spend a few long years doing what most people won’t, so they can spend the rest of their lives doing what most people can’t.

      Sayings like this give me that little extra nudge I need to keep pushing forward when things get tough. This road can sometimes be a lonely and frustrating one. Sometimes doubt creeps in or things go wrong, and we ask ourselves if it is all worth it. We question if this is the path we are meant to be on. But then you remember what it was like working for someone else, and you know you were built to do this! Struggles may come and go. Money could come and go, employees might come and go, sometimes even clients come and go, but the thing that remains the same is you. You are the leader of your ship, both in calm waters and in rough seas. Entrepreneurs make the best of it. You need to have a system to help minimize the expenses and maximize the profits. You need to implement solid year after year increases. You need to be able to enjoy the fruits of your labor. You love what you do and just wish you could enjoy a little more financial reward at the end of the month and at the end of every year. If you can relate to some of what I’ve said so far, continue on. I have good news for you!

      Chapter 2:

      How Far We Have Come

      You’ve probably heard the saying, Be careful what you wish for; you just might get it. This was something I would laugh off thinking that is silly. I only wish for things that I want and I hope I get. Let me share a story with you. I grew up in a poor family. Looking back now I realize, we were not the poorest people out there, not even close, but we were the poorest people I knew. We lived in a small farm town in rural Michigan where there were no rich people anywhere. The wealthier homes had parents with jobs working the factory line at General Motors or Ford. I don’t recall any doctors or lawyers. There was one family where the father was a judge. They had a very cool farm. The entire high school – yes, all four grades – was less than 200 people that number is including the teachers.

      Looking back, I can see that my family was not as poor as I felt we were at the time. I got free school lunches (made me feel poor). We got food stamps (my parents were too ashamed to use them locally so we would drive to a town about thirty minutes away and hope no one we knew would see us checking out). My clothes were secondhand, but there was always food in the house to eat. I never went hungry.

      When I was about eight or nine years old, we took a road trip. In attendance were myself, my younger brother, my mom, dad, my aunt, and her soon-to-be husband. I have no idea why we took this trip as we hadn’t done anything like that before nor did we ever do it again. However, this sunny Saturday afternoon, the six of us piled into my soon-to-be uncle’s Monte Carlo, and we drove to downtown Detroit. I had never seen a big town, and I had definitely never seen a city like this! I remember the huge buildings, and all the cars and people. I think we may have made another stop as well, but the one I remember was the Renaissance Center. It is a high rise building that sits on the U.S. side of the Detroit River. We parked the car and walked inside. This building seemed bigger than a mountain to me (I had never seen a mountain, but this building to my young eyes was HUGE).

      Our plan was to go up to the top floor to see the revolving restaurant. We were told the floor would turn so while you ate, you could see downtown Detroit, and as it kept turning you, would

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