Planning for Your Future: Essential Tips from Alissa Todd

In this episode, we dive deep into financial planning and business strategies with Alissa, who shares key insights on revamping processes for a better client experience. Alissa breaks down the concept of good vs. bad debt, explaining that "cheap" debt like mortgages or student loans can be beneficial, while high-interest debt should be prioritized for repayment. We also cover valuable tips on how to vet financial advisors and why it's essential to have an exit strategy to maximize the value of your business.

 

Meet my guest: Alissa is a seasoned financial expert who is passionate about helping entrepreneurs take control of their finances and plan for the future. With years of experience in guiding business owners through the complexities of financial planning, Alissa emphasizes a tailored approach, ensuring that her clients not only manage their debt effectively but also build sustainable wealth.Alissa is also an advocate for planning ahead, especially when it comes to an exit strategy. Whether it’s transitioning to a junior partner or selling the business, Alissa helps entrepreneurs identify how to extract value from the equity they’ve built up over time, ensuring a successful transition when the time comes.

 

Quote/Piece of Advice: What is meant for me will not miss me. Rejection just means redirection.

 

Connect: LinkedIn - https://www.linkedin.com/in/alissatodd/

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

Resource (to look up advisors): https://www.finra.org/ 

 

To connect with your host Kat:

@TheLotusEffectCoach or @KatPolsinelli 

My Website: www.the-lotus-effect.com

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