Wealthy Wellthy Podcast

Are you struggling to make your business profitable despite increasing sales? You might be falling into a common trap that many entrepreneurs face.

Rocky Lalvini, a Profit First Professional and host of the Profit Answer Man podcast, joins us to shed light on the often-overlooked aspects of business finance. With his expertise in helping business owners understand and improve their financial health, Rocky brings valuable insights to the table.

In this episode, we dive deep into the misconceptions surrounding business growth and profitability. Rocky explains why focusing solely on top-line revenue can be detrimental and shares the importance of understanding your financial statements, particularly the balance sheet. He emphasizes that "top line is vanity, bottom line is sanity, and cash flow is reality."

We also explore the power of automating savings, both in personal finance and business, and discuss the critical role of financial literacy for entrepreneurs. Rocky shares his journey from personal finance education to helping business owners navigate their financial challenges.

If you're an entrepreneur looking to build a truly profitable business or simply want to improve your financial acumen, this episode is a must-listen. Tune in to gain invaluable insights that could transform your approach to business finance and wealth creation.

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

5:23 Immigrant mindset and money conversations

11:42 Personal finance education challenges

17:50 Business revenue vs. profitability misconceptions

24:22 Importance of financial literacy for entrepreneurs

37:58 Tax planning and profit management

46:24 Dangers of focusing solely on revenue

52:30 Viewing business as a math equation

55:24 Closing remarks and contact information

Memorable Quotes

"Top line is vanity, bottom line is sanity, and cash flow is reality."

"One of the number one reasons for failure in bankruptcy is growing too fast. They get ahead of their cash flow, and so they just think, I'll just sell more. Selling more might actually drive you to failure faster than anything."

"I look at every business as a math equation. And the beginning of the math equation is lead flow."

"Wealth is built on the balance sheet."

"Most people don't realize that the P&L is like one little line item on the balance sheet. And that the correct way to look at a balance sheet is to look at how it changes month to month."

Resources Mentioned

Profit First (book) by Michael Michalowitz - https://amzn.to/40rwqJ3

The Road Less Stupid (book) by Keith Cunningham - https://amzn.to/42aY3HW

Profit Answer Man (podcast) - https://profitanswerman.libsyn.com/

Profit Comes First (website) - https://profitcomesfirst.com/

Connect with Krisstina

Website -

#312 The Asset Mindset: Transforming Your Real Estate Career into True Financial Freedom

Are you tired of feeling like you're on a never-ending hamster wheel in your real estate career? Discover how to shift from being income-focused to asset-focused and build true wealth in the process.

In this episode of the Triangle Real Estate Podcast, host Matt Fagioli welcomes Krisstina Wise, a renowned thought leader in the real estate space. With decades of experience as a top-performing agent, broker, and investor, Krisstina shares invaluable insights on how to kick off 2024 with a wealth-building mindset.

Krisstina delves into the crucial distinction between having a job in real estate and owning a business. She emphasizes the importance of creating systems, building assets, and developing multiple streams of income. Learn why focusing solely on income can lead to burnout and financial insecurity, and how shifting to an asset-based approach can provide long-term stability and freedom.

The conversation also covers practical strategies for business planning, the significance of knowing your numbers, and the often-overlooked opportunity for real estate professionals to invest in property themselves. Krisstina provides actionable advice on setting goals, creating a business strategy, and measuring success through data-driven decisions.

Ready to transform your real estate career from a job into a wealth-building machine? Tune in to this episode and discover the keys to financial freedom and long-term success in the real estate industry.

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

3:46 Agents good at making money, not keeping it

9:54 Building systems for business continuity

17:44 Two pillars: Sales business and investments

24:58 Setting business goals and creating action plans

29:24 Encouraging agents to invest in real estate

34:29 Resources for learning more from Krisstina

Memorable Quotes

"The mindset shift we want to make is to move from being income focused to being asset focused. So income's important, but when the mindset is around building assets, building and buying assets, and having this thing called a portfolio, that's what wealth is."

"What's the difference between those that are hustlers that make a lot of income and those that are wealthy is the thought process that's different."

"When we think of our business as an asset, we want it to create this thing called cash flow. And we want a business ultimately to run and to make as much money with as least amount of time and effort as us as possible."

"Business is all about data. Because if we can't guide the ship, if we don't know if we're going in the right direction."

"The wealthy have multiple streams of income. What we mean by wealth, that means we have assets. It means that it's not just our hard work attached to our performance and our high income."

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

YouTube - https://www.youtube.com/@krisstinawise

Krisstina's Book, Falling...

#311 Matt Shriver - The Power of P&Ls: Transforming Business Decisions

Are you struggling to grow your online coaching business and manage your finances effectively? I've been there, and I know how overwhelming it can feel.

In this episode of the Wealthy Wealthy podcast, Krisstina Wise sits down with Matt Shriver, a successful entrepreneur and marketing expert who has built a seven-figure business in just a few years. Matt shares his journey from struggling coach to thriving business owner, offering invaluable insights on financial management, marketing strategies, and team building.

The main focus of this conversation is the importance of understanding your numbers, both in business and personal finance. Matt discusses how learning to read and interpret financial statements transformed his business decisions and led to significant growth. He emphasizes the power of tracking key performance indicators (KPIs) and using data to drive marketing and operational choices.

Additionally, Matt dives into effective Instagram marketing techniques, the value of paid advertising for coaches, and the technology stack he uses to run his business efficiently. He also shares his approach to team management and leadership in a remote work environment.

If you're a coach or online entrepreneur looking to scale your business and improve your financial literacy, this episode is packed with actionable advice and real-world examples. Don't miss out on Matt's hard-earned wisdom – click play now and start your journey towards business success and financial freedom.

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

6:30 Understanding P&L

12:54 Personal Money Management

19:48 Expense Management

26:32 Business Growth Strategies

33:02 Business Transformation

39:32 Marketing and Leadership

45:26 Instagram Strategy

52:41 Money Management Course

57:03 Myth Busting in Business

Memorable Quotes

"When I first reached out to you, I had just been fortunate enough to be exiting a business and I didn't know anything about money at the time. I was like, 'I don't know what to do with this.'"

"I started to separate our expenses based on sales contract labor, marketing contract labor, fulfillment contract labor. So I can see them all on a P&L and I can see how much of the top line is going to which department and how they're performing."

"If you want to make money on Instagram, I can help you. What I have a lot of people do is really pick a couple topics that they feel really confident in and just continue to provide value in those areas."

"Until you understand your household stuff and your personal finances, it doesn't matter how much money you make. Because I went through your course and was like, 'Wow, my business needs to make four times the amount of money so that I can pay myself X so that I can hit my financial goals.'"

"The myth is that once you have some cash, you know, you've got five or ten clients, it's okay to start advertising. Because spending money on ads is the fastest way for you to test your message to see if it actually resonates."

Resources Mentioned

Matt's FREE 20-minute training: How to sign 10 clients a month - https://mattshiver.com/freetraining

GoHighLevel -

#310 Krisstina on Profit First for Real Estate Investors with David Richter

Are you making good money but still struggling to build wealth? You're not alone.

In this eye-opening episode, David Richter sits down with Krisstina, as she shares her journey from rags to riches to rags and back again, offering invaluable insights on personal finance and wealth creation.

The main focus of this conversation is debunking the biggest money myth: that making more money is the answer to all financial problems. Krisstina explains why wealth is built at home, not in business, and provides practical steps to calculate your "good enough" number for financial satisfaction.

Throughout the episode, they discuss common money problems, the importance of profit in both business and personal finance, and how to break free from the earn-spend trap. Krisstina also shares details about her Financial IQ quiz and the valuable resources she offers to help people on their journey to financial freedom.

If you're ready to transform your relationship with money and learn how to build true wealth, this episode is a must-listen. Tune in now to gain the knowledge and tools you need to secure your financial future.

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

2:09 Kristtina's Background

5:28 Financial Wake-Up Call

8:01 Building Wealth vs. Making Money

11:09 Learning Money Fundamentals

14:21 Childhood Influence on Money Habits

18:25 Money Mindsets and Beliefs

23:02 The Earn-Spend Trap

28:01 Profit First in Business and Household

31:35 Determining How Much Money is Enough

36:10 Steps to Financial Satisfaction

38:09 Resources and Next Steps

Memorable Quotes

"Money is math. Money's black and white. Money has very specific rules and laws and metrics that if you follow them, you can be rich."

"We build wealth in the household. Not through your business, not through your corporate job, not through your side hustle."

"The answer to all my money problems is to make more money. That's the number one money myth, the biggest money lie out there."

"How much money is enough? It's an equally philosophical question as it is practical."

"Money will evaporate. Money loves to move. So it was just moving into the wrong pockets is ultimately what we're allowing it to do."

Resources Mentioned

Wise Money Method Quiz: wisemoneymethod.com/quiz

Simple CFO: simplecfo.com

The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko - https://amzn.to/3BDjMNI

Think and Grow Rich by Napoleon Hill - https://amzn.to/3Dl3FF0

The Greatest Salesman in the World by Og Mandino - https://amzn.to/3P9hLvD

Connect with Krisstina

Instagram -

#309 Seth Spears - The Secrets of Brand Building: Timeless Marketing Principles for Entrepreneurs

Are you tired of feeling overwhelmed by the complexities of building a brand that truly resonates? You're not alone, and this episode is here to guide you through the essentials of creating a brand that people know, like, and trust.

In this episode Krisstina sits down with Seth Spears, a marketing expert with a rich history in digital marketing and brand building. Seth shares his journey from a rebellious, homeschooled child to a successful entrepreneur who co-founded the renowned Wellness Mama brand. His insights into the evolution of brand building and the importance of maintaining quality and authenticity are invaluable for anyone looking to make a lasting impact.

In this episode, we explore the timeless principles of marketing that remain relevant today, despite the ever-changing digital landscape. Seth discusses the significance of brand consistency, quality differentiation, and the power of word-of-mouth marketing. We also touch on the challenges of modern marketing, including the rise of influencers and the necessity of ad budgets in today's crowded marketplace.

If you're ready to transform your approach to brand building and marketing, click to listen and discover how to make your brand stand out in a sea of sameness. Don't miss this opportunity to learn from a true marketing genius!

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

0:00 Intro

6:25 Seath Spears' College Experience

12:43 Entrepreneurial Beginnings

19:45 Building Wellness Mama

25:05 Brand Building and Consistency

32:09 Challenges in Modern Marketing

40:15 Wellness Products and Quality

47:43 Balancing Business and Life

54:52 Myth Busting in Health

Memorable Quotes

"People do business with those they know, like, and trust. Your brand is everything you stand for—the look, feel, touch, taste, smell, and the feeling someone gets when they interact with it."

"I've always been intrinsically curious, questioning why things are the way they are. The status quo just didn't work for me."

"My formula for success has been to do the right things long enough consistently. It's the principle of compounding, whether in business, branding, marketing, or wealth building."

"Health starts in the mouth. We're inundated with toxins daily, so it's crucial to reduce the toxic load our bodies face."

"We already have what we want, but we think we have to do more to get somewhere else. What if it's not about more? What if it's about less?"

Resources Mentioned

Wellness Mama- https://wellnessmama.com

Wellnesse - https://wellnesse.com

Jeff Walker's Product Launch Formula - https://productlaunchformula.com

Seth Godin's "Purple Cow" - https://amzn.to/41C0Bi1

Oura Ring - https://ouraring.com

Whoop - https://www.whoop.com

Connect with...

#308 Krisstina on Provoking Prosperity with Miranda Mitchell

Are you tired of feeling like money slips through your fingers, leaving you anxious and unfulfilled? You're not alone, and this episode is here to help.

Join me, Krisstina Wise, on the Wealthy Wealthy podcast as I sit down with Miranda Mitchell from the Provoking Prosperity podcast. Together, we explore the transformative power of redefining your relationship with money. With years of experience in wealth creation and financial education, I share my personal journey from financial struggle to empowerment, offering insights into the mindset shifts and practical steps necessary for achieving true financial fulfillment.

In this episode, we dive into the subconscious money stories that shape our financial realities and discuss the balance between manifesting wealth and managing it wisely. We also touch on the importance of financial education, especially for women, and how understanding money can lead to a more empowered and abundant life.

Ready to transform your financial future? Click to listen and discover how to build a healthy, prosperous relationship with money.

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

1:42 Miranda Mitchell Introduction

6:07 Financial Crisis and Recovery

10:11 Teaching Money and Wealth

14:02 Manifestation vs. Practical Money Management

19:18 Three Money Categories

23:39 Krisstina's Role as an Educator

28:33 Impact of Financial Education

30:05 Encouragement for Women

31:23 Final Thoughts

Memorable Quotes

"Money in the hands of greedy people, it's going to be greed. But money in the hands of great people, it can do great things."- Krisstina

"When you speak about money, it's more tangible, like you're consciously making intentional choices." - Miranda

"I love money for what it is and what it can do and what it provides and what it does for communities." - Krisstina

"Yes, I love that. And it's like, you do the work and then you get to support others so they don't have to go through all the stuff, which is such a huge, huge gift." - Miranda

"I really encourage women to want to become financially empowered, to want to learn money, to do the work and to get that confidence and competence." - Krisstina

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

YouTube - https://www.youtube.com/@krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

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#307 Chris Miles - Unveiling Myths About Traditional Finance and the Rat Race

Are you tired of feeling trapped in the rat race, following conventional financial advice that never seems to lead to true freedom? You're not alone, and this episode is here to offer a fresh perspective.

Join me, Krisstina Wise, as I sit down with Chris Miles, a financial expert who has navigated the complexities of wealth creation. Chris shares his journey from being a traditional financial advisor to discovering the power of real estate and passive income. He reveals how breaking away from conventional wisdom and embracing a mindset of stewardship and financial education can lead to true financial freedom.

In this episode, we explore the myths surrounding traditional finance advice and discuss alternative strategies for building wealth. Chris offers insights into leveraging tools like real estate and whole life insurance to create lasting wealth. We also touch on the pitfalls of mainstream financial advice and the importance of taking control of your financial future.

If you're ready to challenge the status quo and learn how to make your money work for you, this conversation is a must-listen. Click play to discover a roadmap to financial success and start your journey towards a wealthy, wealthy life.

Upcoming Workshop

Make 2025 the year of you! A goal without a plan is just a wish. Get these resources from Krisstina's planning workshop to stop wishing and start planning in 2025.

Key Takeaways

1:29 Chris Miles Introduction

3:10 Chris's Financial Journey

7:16 Real Estate vs. Traditional Finance

10:02 The Rat Race and Financial Freedom

13:50 Banking and Financial Institutions

18:12 Critique of Dave Ramsey

27:37 Passive Income Misconceptions

38:27 Real Estate and Whole Life Insurance

45:54 Wealth Building Principles

56:39 Future Financial Myths

1:01:06 Money Mindset

Memorable Quotes

"Money is just a magnifier of the soul. It only makes you more of who you already are. If you're worried about corrupting your kids with money, they're already corrupted, and that's your fault."

"The best thing you can do is have an abundance mindset with money. It's not just about buying your time back; it's about magnifying your mission on this planet."

"Money allows you to make a greater impact in your community and create a bigger legacy. It's a megaphone for whatever you're trying to do. Ideally, you're a good person, and we want more money in the hands of good people."

Resources Mentioned

Who Took My Money by Robert Kiyosaki - https://www.amazon.com/Who-Took-Money-Robert-Kiyosaki/dp/0446691828

Connect with Krisstina